Failing Internet advertising
Eric Clemons - Professor of Operations and Information Management at The Wharton School of the University of Pennsylvania - explains on TechCrunch a number of reasons why advertising is failing on the Internet:
- Consumers do not trust advertising
- Consumers do not want to view advertising
- Consumers do not need advertising
The same reasons should apply to businesses:
- Do businesses trust advertising?
- Do businesses want to view advertising on the Internet?
- Do businesses need online advertising?
Do you click on online advertising?
Probably not as you are reading this blog.
The Economist published similar remarks about the online advertising that was supporting the web 2.0 growth and predict the end of the free lunch (free online content)
Advertising and media
Traditional media was a one way communication: radio, movies and television.
This allowed:
- Pushing messages and content in one way.
- Preformatted sequential access to content.
The Internet has become a two way media:
Although the Internet website originally started out as just a display of content, changes have taken place over the years:
- Content with interaction from...
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