Behavioral targeting (BT) is a strategy that attempts to deliver relevant ads to internet users based on their surfing behavior. The good news for advertisers is that they can target niche audiences with a level of precision only dreamed about in years past. The good news for consumers, if there is good news, is that you should be seeing ads that are relevant to your lifestyle and preferences…and not a lot of ads that are targeting someone else. The idea is brilliant, but the practice does not appear to be living up to expectations for members of Gen Y. New research shows that young consumers notice the ads, but few find them relevant. As a result, about 36% never click on ads, and the remaining 74% click infrequently. If you’re an advertiser running an interactive (read “online”) advertising campaign, those kinds of numbers are very discouraging. But it is also possible that the survey responses don’t capture the whole truth. I suspect that most survey respondents are reluctant to admit that they sometimes respond to online ads. And of course not all online advertising requires a click…some of it is simply designed to create and impression without a call to action.
This is a privacy issue, and it involves children, so naturally the government is getting involved. The FTC (Federal Trade Commission) is considering recommendation of voluntary industry guidelines that would limit data collection from those under 18 for the purpose of BT.
Some researchers have suggested that Gen Y actually prefers BT and may want to send explicit messages to marketers about what kinds of products and services they would welcome. That doesn’t sound like my idea of a good time…but then I’m just a wee bit older than this demographic. What do you think? Would you welcome advertising messages that were more focused and relevant to your personal interests, or do you just want them all to go away?
Last night President Obama made history when he became the first sitting president to appear on the Tonight Show. While Washington D.C. was embroiled in the AIG bonus scandal, our Chief Executive was discussing policy, and his bowling score, with Jay Leno in Hollywood, CA. Something about it all seemed slightly unseemly and a little bit strange… as though the leader of the free world was seeking the kind of exposure that late-night TV hosts typically provide to comedians and film stars. Usually “the press” travels to DC and the White House to interview the president. There’s a certain seriousness demanded by the office and the oval office that bestows a sense of gravity to the whole affair…a gravity that is sorely lacking on late-night TV.