Thursday, April 27, 2023

Week 13 Part A: Online Advertising - Analysis of the Marketplace

Lately, my daily social media activities have been almost exclusively at Instagram. I believe their algorithm receives data not only from my navigation in their platform but also from mostly all other sources of navigation and online search. As such, the ads and sponsored posts that appear to me are somehow related to topics of my recent interest. There is customization to my individual preferences. It is natural that such ads have a high potential of being effective and get my engagement. It does feel intrusive at times and an invasion of my privacy. Another problem is that once you show interest in that subject, by clicking on the sponsored link, for example, more and more ads and posts from different sponsors are offered, which at a certain point can become quite annoying.

I think that the traditional media has lost a lot of its power. I barely watch TV and all my news reading is done online, where we can just ignore the ads posted. One exception is still YouTube or free news vehicles, like CNN. To watch their videos, we must wait until the sponsored ad is completed. This can be quite effective, if the message and images are done properly.


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