Companies prefer to spend/waste their money on banners, Adwords and affiliates campaign rather than producing some silly tv clip. It was pretty predictable.
Especially if we realize the current economic downturn. I guess it means that advertiser prefer to spend money where they can get some more valuable feedback information, with a more precise and extensive targeting and value for money.
Sounds right to me…but are we really sure that sticking banners and Google Adwords actually works?
Let’s get some hints from the same Guardian article’s comments:
Record £1.75bn online spend… and you still can’t make a profit with your website.
Indeed. Everybody knows or has been working on a company or project which injected a awaful amount on money on internet advertising without getting any profit back, not even in the long term.
This one it’s even better:
Somebody should tell the on-line advertisers that they have wasted £1.75bn…
I don’t think they actually wasted all that money but expectations on conversions and sales, yeah, those might be quite high if spending get’s up to those digits. And guess what, while only getting away from the last economic downturn, so they guy here could be pretty right.
Anyway, the following comment might settling this down:
I disagree with many of these posts. Web advertising is much more accountable than TV, radio and print advertising – which is why it works. It doesn’t matter if some of you ignore them. Enough web users see them, and, more importantly, click on them.
That’s pretty much my opinion on the problem. And also the way things actually work out in a real enviroment, if you happen to work in marketing or advertisement.
The perception people has got of online ads it’s quite biased though: those who do not click on ads think they do not work:
Adverts, what adverts?
I’m with BristolBoy on this one.
Firefox and Adblock = no adverts.
…but according to these figures (1.75bn quids is not a few pennies) there’s actually some people who click on those ads and purchase products.
In the end, better a few more ads on a page (and adblock activated) rather than more tv crap (who does watch tv anymore… ).
The original article here.