Is programmatic advertising writing its own obituary?
We’ve become obsessed with media strategy at the expense of creative strategy.
By far, the most heavily debated issues in the ad world these days are around media strategy — traditional vs digital; precision targeting vs mass reach; programmatic vs direct, etc. There is far less impassioned discussion over creative strategy.
According to ANA and PwC, 70% of advertising dollars spent on online programmatic advertising never touch a human being. Of the US$ 550 billion expected in annual programmatic ad spend in 2023, over 70% will i.e over US$ 380 billion will disappear in ” ad fees, ad fraud, non-viewable impressions, non brand-safe ad placements, and unknown allocations.
By unknown allocations, you can read ” shit that no one can figure out “.
Brands are funding an opaque eco system. advertisers are being screwed blind by ad tech ferrets. More than 800 million devices now have ad blocking. Truckloads are being spent on advertising
that is neither seen nor impacting.
that is neither seen nor impacting.
And, worst, it’s actually alienating people that it is supposed to impact. The really important issue is the impact of tracking (the basis of all programmatic activity) on society and the enormous damage it is doing to individuals and to democratic institutions.
Equally important is the quality of the creatives that are putting off people.
So, BEWARE!