Uncommon Sense: Love The Click

by Jeff Einstein,  Thursday, June 14, 2012 8:57 AM

The War Against the Click is very much en vogue these days among the digerati.   Apparently, digital marketers can no longer sell statistical zero to  increasingly wary (and weary) clients, and have embarked on a campaign to find a  meaningful replacement metric — defined as one that can still be sold to  hapless clients.

The new metrics under consideration are softer and  more engagement-focused, far less brutally honest than the click and therefore  far easier to fudge on a billing statement. (Agencies love and will adopt any  metric they can’t explain — because the only way they can stay in business is  to make otherwise simple things impossibly complex.)

The Mad Men worked  in an industry where Buddy Ebsen as Jed Clampett spoke to 60 million people every week.  The men and women who run the same industry today may or may  not be mad. but they’re clearly insane, consumed instead with more and more for  fractions of fractions of fractions.

Hunting for a new metric is one  thing.  But the smear campaign launched against the defenseless click in  recent months borders on scandalous. It reveals the true character of a fickle  and fragile digital marketing and advertising industry predicated on sheer  expediency — with little or nothing of value left to sell.

Of course,  everyone worshipped the click when it hovered around 5%. The click ruled.   Everyone wanted, paid for and prayed for more clicks.  The demand for  clicks even spawned a robust black market with offshore click farms and robots  enlisted to produce illicit clicks by the tens of millions.  The entire  industry lived and died by the click. We LOVE the click.

Suddenly, however, with the average click now below .1%, everyone turns away.   We’ve decided to shoot the messenger and ignore the message entirely — in  no small measure because the message is so appallingly brutal: No one outside  the ad industry wants what the entire industry is in business to sell: the ads.   Suddenly, we HATE the click.

The mere fact that the  once-worshipped click has fallen so far from grace among my digital colleagues  is reason enough for me to embrace it  — and declare it for what it is:  the only meaningful measure of intent.

Unfortunately for advertisers, however, no one these days intends to click on any ads. But that doesn’t mean  we should inveigh against the click. Rather, it means we should inveigh against  the insipid idea of trying to sell and distribute a work product that no one  wants and everyone is equipped to avoid.

It’s as if we woke up one  morning and found ourselves suddenly in the Bizarro World of Advertising– where  everything is upside down and backwards.  Only in the Bizarro World of  Advertising can we spend billions of dollars on systems and interfaces designed  to attract and encourage the click that we now reject as meaningless.

The only reasonable way to interpret the Bizarro World of Advertising and  restore sanity is to INVERT EVERYTHING.  Shift the currency from the ad (what no one wants and no one sees) to the content (what everyone wants and  everyone sees).  Don’t put the ad in the content.  Put the content in  the ad.  Don’t deliver the ad to the consumer.  Deliver the consumer  to the ad.  INVERT EVERYTHING.

In other words, hate the model but  LOVE the click.
Read more: http://www.mediapost.com/publications/article/176607/uncommon-sense-love-the-click.html?print#ixzz1xmBcsMaZ

 

1 comment on “Uncommon Sense: Love The Click”.
Jaffer Ali  from Vidsense                        commented on: June 14, 2012 at 9:42 a.m.

Jeff, as CTR have fallen, fraud has risen. So we  have a double whammy conspiring against the metric. Of course the only way out  is as you suggest…giving people what they want; content. It is too simple.  Nassim Taleb had a simple way to measure “fragility”. He did not receive  accolades until he hired a team of mathematicians to complexify his formula.  Maybe that is what you need…something to turn the simple idea into something  incomprehensible.

Read more: http://www.mediapost.com/publications/article/176607/uncommon-sense-love-the-click.html?print#ixzz1xmBM15Nc

About MZR

I am a middle aged man trying to be the best person I can become, make a positive difference in our world, while trying to make sense of my life's journey.
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