The future of advertising - Real time information

23.12.06 06:48 PM By S.Swaminathan

Eric Friedman has an excellent post on how sees the future of advertising. I can't agree with him more. With the increasing number of devices that we have come to own as consumers, advertising is  increasingly changing to 'discovering' and 'informing' continously, one customer at a time. Take a look at what he has to say:

I believe that the future of advertising is in providing real time information instead of real time interruption. This is the future of advertising, or what we call marketing 2.0.

Real time information is how advertising will work (and is working) for the next generation. We have been brought up on the idea of instant gratification and having information available to use 24×7 at our fingertips. It is no surprise that advertising is now more precise and targeted to our needs - this is a direct correlation to how we consume information in general today.

The difference between the two is a generic 30 second television spot that appears between segments of your favorite prime time show and a search query performed at 3:00am when you are looking to find some information.

In a world where optimization is not only needed but expected, every display of my ad and subsequent click results in a search engine learning about the relevance of showing it to each user. Engines such as Google and Yahoo use this information to help the user experience and provide the most real time and relevant information possible.

As companies learn that their dollars can be better spent placing their ads in front of people with questions, and understanding that their ad can actually answer these questions, the true shift in advertising dollars will occur. I know we have written about the fall of the television upfront and changes to advertising many times (1, 2, 3, 4) but now the knowledge exists to make these changes possible.

S.Swaminathan