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The thing is, if the product is actually valuable to me, I would spend more money on them that they could ever make from me through ads. "But wait, what about freemium? Plenty of services remove the ads for paying customers", one might ask. The problem with it is that you now a have false sense of choice: 1) Free product + ads
2) Paid product and no ads.
There is a third alternative: free product, adblock, no ads.Yes, marketing is much more than advertising. But I think that the "advertising" part is what everything else is based on, when it shouldn't. To take on your example, the "press who review products" is, most of the time, dependent on eyeballs to sell ads to. This model is so broken that you either have newspapers going bankrupt or Huffington Post-style blogs, with zero actual content. If enough people started using adblock, perhaps we would get to a point where the current model would be unsustainable, which would producers to either: - Get rid of ad-based services and products, and start charging directly.
- Improve their ads to make it more relevant to consumers.
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By that logic, it's also possible to avoid high grocery bills by sticking some things in your pocket and not paying for them. Just because you can do something doesn't mean it's a scalable or ethical option.
Google's core breakthrough in advertising was to close the loop and push advertisers towards ads that are relevant to customers, where they know exactly how much they're earning per dollar they spend on ads. Ads have, actually, improved quite a bit over the past 10 years. The famous line was "half of ad spending is wasted, we just don't know which half" (paraphrased)... now they know which half.
To go back to the OP's subject - the reason why retargeting has grown so popular is that it WORKS LIKE A MOFO. Retargeted ads are usually an order of magnitude more relevant and are immensely cost effective in terms of spend versus conversions. The best indicator that someone's interested in buying a Ford? They visited the Ford site.