Entrepreneur Gary Vaynerchuk often gets credited for that wisdom he shared in a 2013 speech and repeated in the years following. The trope explains how any new, interesting, innovative technology or experience is usually ruined by marketers exploiting it to sell more products.
CMI’s chief strategy advisor Robert Rose has some thoughts on that in this week’s CMI News video. Watch it below, or keep reading for the highlights:
Automated ad-buying challenges
For the unfamiliar, programmatic advertising or media buying uses technology, specifically algorithms, to automate buying and displaying ads on digital real estate on various sites. This spectrum of ad tech includes everything from real-time bidding – where ad inventory prices are decided through automated auctions – to targeting based on content consumption.
Much of it happens through intermediary marketplaces where no relation exists between the advertising buyer (the marketer) and the publisher who displays the ad to its audience.
“What marketers gain in ease of purchase, scale, and reach, they lose in quality, safety, and audience insight of your creative advertising,” Robert says.
He explains, “If the context of the content surrounding your ad is important, programmatic ads aren’t a good solution. They almost certainly will appear next to inappropriate content within the ad network you purchased.”
More than likely, you’ve seen a hilarious ad juxtaposition as illustrated in these images. In this example, the news airs a story about a cruise ship disaster and the accompanying programmatic ad is a 75% off deal for cruise vacations.
News: More brands advertise on unreliable AI-generated sites
Last week, an unfortunate and inevitable report came out from NewsGuard, a company that rates the credibility of information websites. It found some of the world’s largest blue-chip brands unintentionally support the spread of unreliable AI-generated news websites.
It identified over 140 brands spending programmatic advertising dollars on AI-generated news sites with little or no human management. And the number of those outlets known as UAINs – unreliable artificial-intelligence-generated news sites – increases exponentially. In one month this year, they jumped from 49 to 217.
For example, ads from global banks, a high-profile sports apparel company, an auto manufacturer, and others appeared on a web page with this headline: “As an AI language model, I am not able to access external links or web pages on my own …” That AI message has become the new version of the classic 404-page error message….Read More