What’s wrong with online advertising

When the news broke today that a crane had fallen in New York City I immediately went to the web in search of video footage. CNN was my first stop. As expected, they had a video clip at the top of the page.

The next two minutes were a stunning realization of all that is wrong with the current attempts to monetize online video. The clip was 75 seconds long. In order to watch the clip I had to endure a 30 second pre-roll advertisement . . . for VIAGRA!

I am a woman in my late 40’s who has no need or interest in Viagra. The length of the ad was nearly 1/2 as long as the length of the news clip and I had absolutely no interest in the product. What a waste of my time.

I used to pay CNN an annual subscription to access their online content without advertising. What a pity that they discontinued this service. I would rather pay a few dollars a year for their service then waste precious time and have my brain cluttered with useless advertisements.

Similar Posts

  • Consumers Go On Strike

    As the economy continues to sour, consumers have gone on strike. For the past few months, I have been contemplating the following economic and social trends that seem to explain why.

    • American productivity has risen almost 20% in the last decade (Source)
    • Real median income over the same period has declined (Source)
    • Executive compensation has risen astronomically (Source)
    • Consumer debt has risen substantially (Source)
    • Consumer spending comprises 70% of GDP

    Rising productivity is what enables companies to increase employee’s pay. Increases in pay result in the overall rise in our standard of living. However, in the last decade, this relationship between productivity and rising employee pay seems to have been fractured.

  • Calculating the Distance to California

    Something like 90% of the nations fruit and vegetables are grown in California’s Central Valley. Here is a simple calculator to determine how far you are from this fertile land:

    1. Buy a 1/2 pint of raspberries from your local supermarket
    2. Count how many raspberries are moldy
    3. Multiply the number of moldy raspberries by 250. This is your distance in miles from California.

    For example, I am in Northern Michigan this week. I counted at least 9 moldy raspberries in the pack. 9 x 250 = 2,500. This is the approximate distance from my location to California’s Central Valley.

    Q.E.D.

  • Change

    If you want to defeat any kind of vicious fraud–comply with it literally, adding nothing of your own to disguise its nature.

    — Ayn Rand, Spoken by Francisco d’Aconia to Hank Rearden in Atlas Shrugged

    I have been a leader in a number of organizations that were in dire need of change. Building a “case for change” is usually difficult. People seem compelled to continue in their dysfunctional ways despite their inefficacy or discomfort. I have learned that sometimes you have to let things fall to the floor and break before you can pick up the shards and create the change that the organization so desperately needs.

    Atlas Shrugged struck me as a testament to this approach to change management, albeit with a more poetic and metaphorical approach.

  • “The Market” vs “The Economy”

    With all the volatility in the stock market lately it is a good time to remind ourselves that “the market” is not the same as “the economy.” The best that I can tell — at least as of the last few years — “the market” has contracted to a relatively small group of:

    • professional traders
    • automated computer programs
    • institutional investors
    • hedge fund managers

    This tight-knit circle trades amongst itself with very little relevance to what we think of as “the economy.” In contrast to this closed group, the economy is the vast sum of the creation and delivery of the goods and services we want and need.

    It seems to me that the Dow Jones Industrial Average and S&P 500 bears little connection to these things these days.

    Don’t be afraid. Now is the time to be bold. If you don’t like the economy, let’s go out and make one of our own.

  • Just Be

    Sometimes the best thing we can do is to stop “doing” and just be. You don’t have to “be” anything. We don’t have to “be” quiet, or productive, or useful, or nice. Just be.

    In his brilliant album that gave music and lyrics to Richard Bach’s Jonathan Livingston Seagull, Neil Diamond wrote:

    Be, as a page that aches for a word that speaks on a theme that is timeless.

  • Dear United: It Didn’t Have To Be This Way

    Last summer I had a Delta flight out of La Guardia bound for Detroit. It was a Saturday morning and the airport was swarming with passengers, the gate area for my flight was like a mosh pit. As we approached the time to board, a gate agent announced that the flight was oversold by seven passengers. An audible groan rippled through the waiting area as we all clutched our boarding passes and jockeyed further for position in the boarding process. This was not going to be easy.

    The Delta / traveler negotiation process began when the agent offered the usual $400 travel voucher for anyone willing to take a later flight. In a delightful New York accent, a lady standing beside me smirked, “They’ll pay more.” Sure enough, moments later they announced that a $500 voucher was now available to any travelers with flexible travel plans. I smiled as I acknowledged the prophetic power of my fellow traveler. As my plans did not feel flexible, I gratefully made my way onto the plane.

    After the plane was fully loaded, with the last few passengers jamming bags into the overhead bins, a voice rang out over the airplane announcement system that Delta still needed one more passenger to give up their seat. This time, however, they had upped the ante.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.