The Web is no stranger to Internet legends. The same can be said for Web advertising. ComScore exec Kirby Winfield has an interesting list of the most pervasive myths in online advertising, including how it doesn’t need the GRP, the death of ad networks, the year of mobile, and the idea that ad buying is becoming like the stock market. Perhaps Winfield’s most prescient point has to do with whether brand dollars will come online because of ad tech. Not so, he notes:
Brand dollars will come online, but it won’t be because of ad tech. It will be because television itself comes online. It’s already happening, with blended TV/online buys from most big networks, and the emergence of the “newfront”. Will ad tech need to provide features and functionality, new metrics, and innovative formats to capitalize on this endemic trend? Of course. But the idea of online publishers somehow keelhauling the established TV ad market is the single largest and most consistent fallacy this industry has propagated since its inception.
Read the rest of Winfield’s post on his blog. Follow him on Twitter @kirbywinfield.
More in Media
UBS, New York Times Advertising, Uber Advertising and The Wall Street Journal are Digiday Media Awards Europe finalists
This year, the organizations modernizing European media are pioneering interactive formats that drive engagement and impact, while premium contexts build trust and authority. Digiday Media Awards Europe finalists are also pairing innovation with sustainability, thoughtful design and seamless omnichannel storytelling to enhance user experience across touchpoints. In the Best Use of Interactive Content category, UBS […]
The top AI platforms for publishers, ranked
Digiday’s Jessica Davies and Sara Guaglione joined the Digiday Podcast to handicap the more than a half-dozen AI platforms, from Amazon to OpenAI, that have begun doing business with publishers.
Not all creators are the same: How the creator economy breaks down by business model
Breaking down the creator economy by business model, from audience-owned media companies to micro creators with a niche.