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P&G Cuts More Than $100 Million In 'Largely Ineffective' Digital Ads (wsj.com)

schwit1 quotes the Wall Street Journal: Procter & Gamble said that its move to cut more than $100 million in digital marketing spend in the June quarter had little impact on its business, proving that those digital ads were largely ineffective. Almost all of the consumer product giant's advertising cuts in the period came from digital, finance chief Jon Moeller said on its earnings call Thursday. The company targeted ads that could wind up on sites with fake traffic from software known as "bots," or those with objectionable content. "What it reflected was a choice to cut spending from a digital standpoint where it was ineffective, where either we were serving bots as opposed to human beings or where the placement of ads was not facilitating the equity of our brands," he said... The cuts echo marketing executives' mounting concerns around the efficacy of digital advertising and the growing perception that they are wasting money on digital ads that never reach their intended audience.

2 of 204 comments (clear)

  1. Re: Spend that 100 million on improving products by negRo_slim · · Score: 5, Insightful

    It has nothing to do with "shady" site placement and everything to do with the fact digital advertising simply by and large doesn't work. Seems like YouTube and Spotify, sites with a captive user, are the only ones that can even get their ads noticed (albeit marginally) with most other ads being completely ignored. Though sometimes they really try and force you to look at an ad (covers the page, countdown to proceed) which then causes people to find active ways to remove them from their online experience.

    --
    On the Oregon Cost born and raised, On the beach is where I spent most of my days
  2. Re:Future of digital ads? by Known+Nutter · · Score: 5, Interesting

    What do you think the future of digital ads will be?

    The future of digital ads from my perspective.

    No more chances for advertisers to fix it. I'm done. No whitelists. No browser adblock. No more bullshit. No sympathy. Every time you think you can trust a little... bam... more new horseshit. That pi-hole server running on my network is the coolest fucking thing since sliced bread. It runs in a VM, and even so, it's fast. Every device on the network is protected from a single source.

    It's wonderful, and I sing its praise every chance I get.

    --
    Beware of the Leopard.