By Michelle Greer.
33% of consumer time is spent online, and yet internet advertising only accounts for 7% of advertising spending. Unfortunately, these users often have the attention span of a three month old golden retriever when it comes to online advertising. Advertisers have to think smarter to capitalize on this untapped market.
How are ad networks making sure that ads actually connect to the products and services they want to buy? Here are just a few highlights from the Rubicon Project’s report “Q1: Ad Network Landscape, Trends and Outlook”:
- Ad networks are shifting to cost-per-action and cost-per-engagement model rather than charging for impressions.
- Behavioral targeting methods are being deployed, which can modify what ads show up based on previous click and browsing behavior.