10 years ago, I had just left the ad agency world and began my career on the client side of online advertising. The task given to me by my first client, a hardware company in high-tech, was to optimize our online media spend to the lowest possible cost-per-action (CPA). Of course, these were the days before video, mobile, pay-per-click (PPC), interactive banners and geo targeting.
Optimization in this day and age was much like programming a computer in the 1980s – it was a very manual process. In order to optimize the campaign you had to deal with multiple sets of unique creative (all in a single 468×60 banner format) and sometimes dozens of a unique landing pages. Once it was live and running, the manual process continued when you had to pick up the phone and talk to the publisher in order to have the creative removed from rotation.
Fast forward 10 years later and online advertising has become a much more complex world. Instead of a single medium we now have video, display web, mobile and social to deal with and the 468×60 banner is completely extinct. Keywords and PPC rule the day and advertisers have more access to a more diversified information sources than ever before, continuingly increasing expectations in return for their investment.
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