The Future
of Internet Advertising
As is true of every marketing
medium, internet based advertising continues to evolve based upon
changes in, or improved understanding of, the needs of its consumers.
The internet advertising campaign of the future will likely have
as little resemblance to today's, as current television spots have
to the early broadcasts of the 1950's.
So what will tomorrow bring?
Interestingly enough, to understand
one expectation of tomorrow's online consumer, you need only reflect
upon the effective use of media within today's television campaigns.
Broadband use within the US currently grows at a rate of approximately
440,000 households per month. This increase in available high speed
consumers allows media developers to set their sights squarely upon
the use of streaming video as a realistic means of communicating
their wares to the world.
Corporate wariness of this type of online commercial is quickly
waning in view of the growing high speed economy, with a clear recognition
of its potential value in the ongoing struggle to enhance the e-business
bottom line.
As is true of any evolutionary process, it's in with the new, and
out with the old.
The expected dinosaurs of internet advertising include both the
pop-up, and pop-under ads currently in use extensively across the
internet. Though occasionally useful in creating awareness of features
or content for the consumer, most consist merely of an unsolicited
advertisement, and have proved an unwanted distraction to most online
shoppers.
With experts estimating that 45% of online consumers select a site
based upon word of mouth advertising, the creation of an experience
that is entirely focused on the wants of the customer is, and will
continue to be an absolute.
Guiding advertisers through the transition from today's world where
one must market to the 28.8 modem user, to tomorrow's high speed
online economy are organizations like the IAB - the Internet Advertising
Bureau.
The IAB has begun to develop, and publish voluntary standards for
use by online marketers in an attempt to lessen consumer frustration,
while better preparing new e-commerce providers through the provision
of useful, and timely guidelines.
Guidelines exist regarding file sizes for any number of banner
ad styles and dimensions, to testing recommendations to ensure advertisers
do not implement ads that disrupt, or impact the consumer in any
manner other than intended.
Though recent studies indicate that the average consumer understands
the need for internet advertising, their mood is justifiably fickle,
and their wishes are worthy of consideration.
Advertising sales declines of late are a clear indication that
today's online buyer has grown weary of reacting to the inundation
of ads that have become so common to the internet experience.
Developing approaches that are visually appealing, and highly
effective, without the level of intrusion so prevalent today is important
to the overall survival of the medium in the long term.