this post was submitted on 25 Jan 2024
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Microblog Memes
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I feel like internet advertising is way overdue for a crash, its like the matrix I dont even see them anymore.
I just don't understand how advertising still makes so much money. Who's watching ads and clicking on them these days? Who sees an ad that isn't annoying, pandering, or downright infuriating to them? The ad business is so profitable, it's Google's main revenue source and Netflix is getting rid of a paid tier just to focus on their ad-supported one.
How is the ad business so profitable?
A mid sized company I work with did some in-house analytics on their advertising spending and concluded that 75% was just money wasted
Several million dollars cut from future ad budgets with no negative revenue impact