...we'll be hearing a lot about ads and ad models this week as Twitter announces the rollout of its own scheme for advertising revenue. Although I've never been a big fan of the advertising industry and when I meet former players from that game, they invariably exited with a bad taste in their mouth, I have to say that it's becoming an increasingly interesting (and relevant) area for me. (I wrote a little bit about it earlier here.)
The industry (like many others) is undergoing a revolutionary transformation. With the shakeups that came from TiVo, from Google, from Amazon, and from Hulu, there is bound to be some churn here that will invalidate many sacred industry practices. Customer evaluation and interaction with advertising, micro-distribution points (which this blog could be, although it's not), customer generated advertising -- the number of revolutionary forces is increasing.
Here are some principles I currently hold about advertising. Perhaps your thoughts on them will contribute to the consideration that is sure to be amplified this week on the heels of Twitter's news.
The industry (like many others) is undergoing a revolutionary transformation. With the shakeups that came from TiVo, from Google, from Amazon, and from Hulu, there is bound to be some churn here that will invalidate many sacred industry practices. Customer evaluation and interaction with advertising, micro-distribution points (which this blog could be, although it's not), customer generated advertising -- the number of revolutionary forces is increasing.
Here are some principles I currently hold about advertising. Perhaps your thoughts on them will contribute to the consideration that is sure to be amplified this week on the heels of Twitter's news.