WEBVTT - Ads on the Go

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<v Speaker 1>Get in touch with technology with tex Stuff from how

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<v Speaker 1>Stuff Works dot com. Be there and welcome to tech Stuff.

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<v Speaker 1>I'm Jonathan Strickland, and today we're going to talk about

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<v Speaker 1>mobile web advertising. Yes, now, I know that for some

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<v Speaker 1>of you this you're probably picking like, well, how is

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<v Speaker 1>that interesting? Really, this is incredibly important stuff because we're

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<v Speaker 1>talking about the fundamental change in the habits of users

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<v Speaker 1>in the way that they browse the web and consume content,

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<v Speaker 1>which in turn means a fundamental change in the way

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<v Speaker 1>that we can generate any form of revenue or monetization

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<v Speaker 1>so that we can continue to create content. And when

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<v Speaker 1>I say we, I mean everyone who creates content. Right,

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<v Speaker 1>although it is probably critical at this juncture to to

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<v Speaker 1>to note that that this is absolutely a thing that

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<v Speaker 1>How Stuff Works thinks about. Oh sure, yeah, any big

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<v Speaker 1>time any company has a web presence and they are,

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<v Speaker 1>let alone a company that is that is a web presence. Yeah,

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<v Speaker 1>they're all concerned about this because they want to make

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<v Speaker 1>sure that they're continuing to serve up and experience. There's

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<v Speaker 1>a good experience for the people who are using the

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<v Speaker 1>web on whatever device they happen to be on. And furthermore,

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<v Speaker 1>something that can actually make the money. Yeah. And as

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<v Speaker 1>it turns out, this whole mobile uh, this move to

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<v Speaker 1>mobile browsing is really disruptive as far as that goes.

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<v Speaker 1>But the it's it's a pretty big industry of UM.

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<v Speaker 1>As of August, according to an insight company called e Marketer,

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<v Speaker 1>the mobile advertising global market is set to be UH

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<v Speaker 1>worth over sixteen billion dollars this year. That's a lot

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<v Speaker 1>of money UM, which is a growth and I imagine

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<v Speaker 1>that we'll see that number even go even higher because

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<v Speaker 1>you're seeing when you start looking at sales figures for

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<v Speaker 1>things like tablets and smartphones, there through the roof, and

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<v Speaker 1>it's across the globe. Although I will say, and we'll

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<v Speaker 1>get into this, different parts of the globe value different platforms.

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<v Speaker 1>Some are very tablet crazy and some are like no,

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<v Speaker 1>I want my smartphone right. Absolutely, But but the marketers

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<v Speaker 1>also saying that the desktop ad market UM is set

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<v Speaker 1>to peak at around thirty five billion and be on

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<v Speaker 1>a decline after that. Yeah. And part of the reason

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<v Speaker 1>for that is that we're seeing more and more people

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<v Speaker 1>move away from those traditional desktop and laptop platforms. Uh.

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<v Speaker 1>And we're also seeing because we're seeing this move towards

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<v Speaker 1>mobile then itself is is in part devaluing advertising on

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<v Speaker 1>those traditional platforms, right, So if everyone is moving to

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<v Speaker 1>something else, then you can't sell your your website that's

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<v Speaker 1>designed for a desktop as a an ideal place for

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<v Speaker 1>you for advertisers to put ads, because if no one's

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<v Speaker 1>using a desktop to view that website, then no one's

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<v Speaker 1>getting that content right. And when whenever you have that split,

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<v Speaker 1>you're going to have some people who are who are

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<v Speaker 1>very happy with their experien rients and some people who

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<v Speaker 1>are not, just because of the way that the page

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<v Speaker 1>was designed. As I'm sure everyone listening to this has

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<v Speaker 1>has had the experience of in the past. Right. There's

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<v Speaker 1>even some discussion and some debate about the value of,

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<v Speaker 1>say a specific app for a web content creator versus

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<v Speaker 1>a mobile browser. So there are websites out there that

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<v Speaker 1>have apps. How stuff works has an app, and then

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<v Speaker 1>they also have a presence on the web and actual website.

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<v Speaker 1>And there are some people who who say that they

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<v Speaker 1>much prefer the experience of going through a mobile website

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<v Speaker 1>than using an app, even if that app has been

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<v Speaker 1>optimized to to really feature whatever the content is of

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<v Speaker 1>that website, because I guess partially part of it is

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<v Speaker 1>that when you're in a web browser, you have a

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<v Speaker 1>lot more freedom to go from one place to another,

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<v Speaker 1>and that may not be within the confines of whatever

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<v Speaker 1>website you're visiting, whereas if you're going through an app,

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<v Speaker 1>that's pretty much what you're seeing, right. So so okay,

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<v Speaker 1>so some of those more traditional methods that that we're

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<v Speaker 1>thinking are going to peak in the next couple of years. Right. So,

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<v Speaker 1>of course, the one that we all know because these

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<v Speaker 1>date back to the very earliest days of web pages

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<v Speaker 1>are banner ads, right. Those are the things that will

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<v Speaker 1>that you'll see along the top or sometimes along the

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<v Speaker 1>side of a web page that you're viewing, right, Yeah,

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<v Speaker 1>some people, some people will go so far as to

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<v Speaker 1>differentiate banner ads from whatever appears in the side but yes, sidebar.

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<v Speaker 1>But it's essentially the same thing. This is something that

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<v Speaker 1>is part of the frame of the website you're looking at.

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<v Speaker 1>So you're all familiar with this, I know, So I don't.

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<v Speaker 1>I'm not going to go into the great detailble it

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<v Speaker 1>is because assuming that you're listening to a podcast, I'm

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<v Speaker 1>pretty sure you've visited a web page as head of

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<v Speaker 1>banner ad on it. So, uh, that's one version. Another course,

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<v Speaker 1>are the dreaded pop ups and pop unders. These are

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<v Speaker 1>the ads that will either generate a window on top

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<v Speaker 1>of or beneath your web browser. So if it's on

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<v Speaker 1>top your web browser, you start your viewing experience. If

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<v Speaker 1>it's underneath, you'll see it when you finally close your

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<v Speaker 1>your page. Yeah, when you close your page or you

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<v Speaker 1>close your browser, and and then you see like eighteen

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<v Speaker 1>different windows there, and you think, whoa, something starts making

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<v Speaker 1>noise that you're not looking at. Oh man, hey, Lauren,

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<v Speaker 1>let me ask you is your favorite kind of ad?

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<v Speaker 1>My favorite kind of ad, you know, the one that

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<v Speaker 1>immediately starts to AutoPlay video with sound. That's my favorite.

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<v Speaker 1>How did you know? Yeah? It's also great when you're

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<v Speaker 1>doing research at work and then suddenly you've got like,

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<v Speaker 1>you know, despicable mean minions screaming at the top of

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<v Speaker 1>their lungs, but Nona, and you're like, well, that didn't

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<v Speaker 1>plan on treating everyone to that professionalism. Or if you're

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<v Speaker 1>or if you're like me and you think, I'm going

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<v Speaker 1>to click on this link and walk away to get

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<v Speaker 1>coffee because it's gonna take on this page to load,

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<v Speaker 1>and then you come back and there's a guess going

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<v Speaker 1>on at your desk, and all the writers and editors

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<v Speaker 1>of how stuff work hate you even more than they

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<v Speaker 1>did already anyway. So besides pop ups and pop unders,

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<v Speaker 1>you also have floating ads. These are the ones that

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<v Speaker 1>actually float over the text. They may even move as

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<v Speaker 1>you know, and block your view of it, and sometimes

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<v Speaker 1>there's not even a way of closing it. You just

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<v Speaker 1>have to wait until it goes away. And uh, expanding

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<v Speaker 1>ads These are the ones where if your cursor goes

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<v Speaker 1>over it, it suddenly expands to fill up and sometimes

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<v Speaker 1>we'll then start playing music video. Yeah, it can also happen,

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<v Speaker 1>but it'll it'll cover most of the web content that

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<v Speaker 1>you were going to visit. Then there of course ads

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<v Speaker 1>that are are not a line text ads yeah, which

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<v Speaker 1>are a little bit sneakier. Those those are the things

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<v Speaker 1>that you might have seen like a double underline and

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<v Speaker 1>article that you were reading that should you happen to

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<v Speaker 1>click on it, they might take it. It will take

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<v Speaker 1>you to some whoever is actually purchased the ad, and

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<v Speaker 1>usually it's something that directly relates to whatether the term is. So,

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<v Speaker 1>for example, if I were to write a blog post

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<v Speaker 1>and I'm mentioning a particular type of camera, there might

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<v Speaker 1>be a double underlined version of the camera's name, and

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<v Speaker 1>if you clicked on it, it might take you to

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<v Speaker 1>say Amazon dot com or some other retail site where

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<v Speaker 1>you can purchase the camera. So, I mean that's what

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<v Speaker 1>it's usually considered a slightly less obtrusive, but it can

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<v Speaker 1>also be sneaky or misleading or uh, just you know,

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<v Speaker 1>it might be one of those things where you're really

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<v Speaker 1>you've trained your mind in that Wikipedia approach where everything

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<v Speaker 1>that's a link will just take you to a different

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<v Speaker 1>article and you're expecting an article and you get something

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<v Speaker 1>information all rather than advertorial. But but you never know,

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<v Speaker 1>you know, uh, And then there are there's also search

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<v Speaker 1>engine marketing. That's where you end up paying a search

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<v Speaker 1>engine to feature your product on a results page that

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<v Speaker 1>relates back to whatever that product is. Those those will

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<v Speaker 1>be like a Google sponsored ads will pop up along

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<v Speaker 1>the like usually the first two at the top and

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<v Speaker 1>then maybe a few along a sidebar. Right, So it's

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<v Speaker 1>related to your search and and can be really very

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<v Speaker 1>helpful depending on on the the algorithms that Google is

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<v Speaker 1>using for that particular ad. But um, but yeah, it

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<v Speaker 1>has has been found to to create some confusion in

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<v Speaker 1>some populations of Internet goers as to whether those are

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<v Speaker 1>really the best search result or something that is sponsored.

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<v Speaker 1>Some people apparently don't read the fine print right right now,

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<v Speaker 1>there are different ways that these ads are actually making money, yea,

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<v Speaker 1>So we're gonna take you into the inside. Come along

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<v Speaker 1>with us. Of course, if you've listened to texta for

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<v Speaker 1>a while, you've heard that Chris and I did an

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<v Speaker 1>episode about um web advertising ages ago, and you probably

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<v Speaker 1>have heard these terms from that as well. But it's

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<v Speaker 1>certainly important in our discussion about mobile advertising. So one

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<v Speaker 1>of the very common forms of compensation is the CPM,

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<v Speaker 1>which is cost per mill which is not cost per million,

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<v Speaker 1>but rather cost per thousand. And we're talking about impressions

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<v Speaker 1>here or views. So it's every single time that page

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<v Speaker 1>that has that add on it has been loaded into

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<v Speaker 1>a browser, whether that's someone who has loaded it and

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<v Speaker 1>then hit refresh a billion times, or if it's a

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<v Speaker 1>billion people who looked at that page once. So it's

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<v Speaker 1>counting up every time that page is loaded, because every

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<v Speaker 1>time that page is loaded, that ad has been displayed,

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<v Speaker 1>and so that's a certain amount of money for every

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<v Speaker 1>thousand displays of of the page and therefore the ad, right,

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<v Speaker 1>and then that amount of money has changed dramatically over

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<v Speaker 1>the history of online advertising. There was a time where

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<v Speaker 1>if you had a really heavily traffic site, you could

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<v Speaker 1>demand a pretty high price for that. You know, we're talking.

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<v Speaker 1>You know, you might think thirty or forty dollars for

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<v Speaker 1>every thousand views isn't much, but if you get million

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<v Speaker 1>a million views per day, that really starts to add up.

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<v Speaker 1>But then you know, you have we talked about devaluing,

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<v Speaker 1>you start to see that that amount go down even

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<v Speaker 1>for the most heavily traffic sites because a lot of

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<v Speaker 1>traffic starts to come in through mobile. And we'll talk

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<v Speaker 1>about why that's a problem in a little bit, right.

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<v Speaker 1>So after that, you've got CPC, which has cost per click. Yeah,

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<v Speaker 1>now this is actually people who don't just see an AD,

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<v Speaker 1>but actively click on that ad to go through and

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<v Speaker 1>look at whatever the site is that that sponsors that

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<v Speaker 1>add So in this case, it doesn't matter how many

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<v Speaker 1>people view it. What matters is how many people click it.

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<v Speaker 1>And you could argue that this is not entirely up

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<v Speaker 1>to the content creator, because the content creator is just

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<v Speaker 1>creating stuff that they want people to look at. The

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<v Speaker 1>advertiser would have to create an ad that was enticing

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<v Speaker 1>enough to get people to click, or tricky enough so

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<v Speaker 1>that people click on it by accident, although I think

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<v Speaker 1>most people would argue that that's not very effective, not

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<v Speaker 1>really to the benefit of all involved. Right, And it

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<v Speaker 1>all depends on who's doing the marketing to Right. If

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<v Speaker 1>it's a third party marketing department that is creating these

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<v Speaker 1>ads and all they are concerned with is throwing as

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<v Speaker 1>much traffic to the to the advertiser as possible, then

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<v Speaker 1>they might not really care if it's truly effective in

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<v Speaker 1>getting people to convert. Where we talk about conversion numbers

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<v Speaker 1>to convert over into buying something, what's the whole third one?

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<v Speaker 1>That third one is cp A that's cost per action,

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<v Speaker 1>and that is going a step further than cost per click.

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<v Speaker 1>It's when someone has has clicked through to a site

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<v Speaker 1>and actually does whatever the advertiser wanted them to do,

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<v Speaker 1>like purchase a product or or in er a free trial.

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<v Speaker 1>So if you've listened scribe, yeah, you've listened to us

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<v Speaker 1>talk about our sponsors. We have several sponsors where they

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<v Speaker 1>use this approach. So if our listeners go and they

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<v Speaker 1>sign up for these things, then that means that the

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<v Speaker 1>sponsor will end up paying whatever the agreed upon amount is.

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<v Speaker 1>So in other words, go and sign up for those things, guys,

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<v Speaker 1>because that's awesome for us. Um Also, I mean, our

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<v Speaker 1>sponsors are great, so that helps too. So let's talk

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<v Speaker 1>about the mobile ad problem. Now. The problem is that

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<v Speaker 1>a lot of these these traditional ads that we talked about,

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<v Speaker 1>the banner ads and the pop ups, pop unders, the

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<v Speaker 1>text ads, are a lot harder to navigate or to

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<v Speaker 1>see in a mobile platform, particularly when you're talking about

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<v Speaker 1>something like a smartphone where the landscape of viewable area

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<v Speaker 1>is really tiny, right right, and people are are moving

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<v Speaker 1>through at a pretty rapid rate of reading speed, maybe

0:11:48.400 --> 0:11:50.640
<v Speaker 1>paying a little bit less attention. Yeah, And or it

0:11:50.679 --> 0:11:52.720
<v Speaker 1>may even be that in order to view whatever the

0:11:52.800 --> 0:11:55.280
<v Speaker 1>content is of the website, they re size it so

0:11:55.320 --> 0:11:57.760
<v Speaker 1>that they're only so that the text or whatever it

0:11:57.840 --> 0:12:00.840
<v Speaker 1>is they're looking at actually readable, therefore blocking out the

0:12:01.040 --> 0:12:03.320
<v Speaker 1>section of the page that've had a yeah, yeah, that

0:12:03.320 --> 0:12:05.560
<v Speaker 1>stuff might not even appear on the screen. Shure. There's

0:12:05.559 --> 0:12:07.360
<v Speaker 1>also a lot of programming bugs in which I mean,

0:12:07.400 --> 0:12:09.800
<v Speaker 1>you know, we've got so many, um so many mobile

0:12:09.800 --> 0:12:14.320
<v Speaker 1>devices and carriers and os. Is that at a certain

0:12:14.320 --> 0:12:17.880
<v Speaker 1>point it gets difficult for a single you know, web

0:12:17.880 --> 0:12:20.959
<v Speaker 1>developer to create a website that looks good on everything. Yeah.

0:12:21.240 --> 0:12:24.160
<v Speaker 1>A lot of these websites also have mobile versions of

0:12:24.200 --> 0:12:27.640
<v Speaker 1>them that are optimized for the mobile viewing experience, which

0:12:27.760 --> 0:12:30.400
<v Speaker 1>often means that they leave the ads off because there's

0:12:30.440 --> 0:12:32.920
<v Speaker 1>just no space for them. It ends up making the

0:12:33.160 --> 0:12:35.959
<v Speaker 1>content look all squished, and that's a terrible experience for

0:12:36.000 --> 0:12:38.440
<v Speaker 1>the user, which means that the user is less likely

0:12:38.480 --> 0:12:41.240
<v Speaker 1>to go to that website. So that means that in

0:12:41.320 --> 0:12:44.319
<v Speaker 1>order to monetize the website, we have to start looking

0:12:44.360 --> 0:12:48.440
<v Speaker 1>at different ways to to to have kind of ads

0:12:48.520 --> 0:12:52.880
<v Speaker 1>or sponsorships or whatever, because the traditional ways just aren't

0:12:53.720 --> 0:12:57.640
<v Speaker 1>they aren't designed with that platform in mind. Right, And

0:12:57.720 --> 0:13:00.199
<v Speaker 1>this is certainly not a new problem or or new

0:13:00.200 --> 0:13:03.000
<v Speaker 1>set of problems. As of two seven, mobile was becoming

0:13:03.000 --> 0:13:06.199
<v Speaker 1>a priority among media and marketing executives. Um. I mean

0:13:06.320 --> 0:13:09.640
<v Speaker 1>that was before the iPhone guys. Um you know. As

0:13:09.640 --> 0:13:13.160
<v Speaker 1>of two thousand six, Nielsen had started tracking cell phone

0:13:13.240 --> 0:13:16.400
<v Speaker 1>use across media, right right, Yeah, I remember that I

0:13:16.400 --> 0:13:20.160
<v Speaker 1>could browse with my old I had a Nokia phone

0:13:20.720 --> 0:13:23.400
<v Speaker 1>that hey, Microsoft buying them now. But I had a

0:13:23.520 --> 0:13:25.840
<v Speaker 1>I had an old Nokia phone that U or Nokia

0:13:25.880 --> 0:13:29.480
<v Speaker 1>phone that uh, that could browse websites and you would

0:13:29.480 --> 0:13:31.679
<v Speaker 1>just get in these little v texts and you'd have

0:13:31.720 --> 0:13:33.360
<v Speaker 1>to you know, you wouldn't get any graphics at all,

0:13:33.400 --> 0:13:37.840
<v Speaker 1>It's just text. Uh. I rapidly decided that was not

0:13:37.880 --> 0:13:40.080
<v Speaker 1>an ideal experience for me. Yeah, I believe I had

0:13:40.080 --> 0:13:42.640
<v Speaker 1>a Samsung like a like a flip flip phone that

0:13:42.760 --> 0:13:45.600
<v Speaker 1>allows you to do the same sort of thing anyway,

0:13:46.400 --> 0:13:48.600
<v Speaker 1>not important. It wasn't until I got a smartphone that

0:13:48.640 --> 0:13:50.120
<v Speaker 1>I really started to use it to do things like

0:13:50.160 --> 0:13:53.040
<v Speaker 1>browse the web. Yeah. So um so some some of

0:13:53.080 --> 0:13:55.440
<v Speaker 1>the trends that are going on right now, Yeah, let's

0:13:55.480 --> 0:13:57.400
<v Speaker 1>talk about them. So I got a lot of this

0:13:57.480 --> 0:14:01.680
<v Speaker 1>information from Adobe. Now, Adobe does a big digital index

0:14:01.760 --> 0:14:04.600
<v Speaker 1>report every now and then. It's semi regular, is how

0:14:04.640 --> 0:14:07.240
<v Speaker 1>I've seen it described. And part of it is the

0:14:07.280 --> 0:14:10.920
<v Speaker 1>State of Mobile benchmark study. And so these were some

0:14:11.000 --> 0:14:13.520
<v Speaker 1>things that they found in their study. They found that

0:14:13.679 --> 0:14:17.960
<v Speaker 1>tablets drive more web traffic than smartphones and may actually

0:14:18.000 --> 0:14:21.840
<v Speaker 1>be a PC replacement when it comes to web consumption. Now,

0:14:21.840 --> 0:14:24.440
<v Speaker 1>it's not that way, it's not like they've completely replaced

0:14:24.480 --> 0:14:27.840
<v Speaker 1>PCs already, but that it looks like tablets are poised

0:14:27.840 --> 0:14:30.400
<v Speaker 1>to take the place of PCs when it comes to

0:14:30.480 --> 0:14:33.560
<v Speaker 1>just browsing the web and consuming content for those for

0:14:33.600 --> 0:14:36.320
<v Speaker 1>those basic functions that are, you know, and anything more

0:14:36.360 --> 0:14:38.960
<v Speaker 1>simple than um, you know, complex photo editing or video

0:14:39.040 --> 0:14:43.200
<v Speaker 1>editing like that. So in general, people visit se more

0:14:43.280 --> 0:14:45.760
<v Speaker 1>web pages per visit on a tablet than they do

0:14:45.840 --> 0:14:48.640
<v Speaker 1>with a smartphone. So you know, that just means that

0:14:48.720 --> 0:14:51.520
<v Speaker 1>every time you get online with a tablet, then you're

0:14:51.600 --> 0:14:54.000
<v Speaker 1>you're in general you tend to be looking at more

0:14:54.040 --> 0:14:55.800
<v Speaker 1>web pages than you would be if you were using

0:14:55.800 --> 0:14:58.080
<v Speaker 1>a smartphone at the time. Now, it may turn out

0:14:58.120 --> 0:15:00.960
<v Speaker 1>that people use smartphones more freaquent le than tablets, and

0:15:01.000 --> 0:15:03.360
<v Speaker 1>so maybe those numbers are a little misleading, because if

0:15:03.360 --> 0:15:06.720
<v Speaker 1>you're using a smartphone a lot throughout the day, you

0:15:06.760 --> 0:15:11.080
<v Speaker 1>may actually visit more web pages accumulatively then you would

0:15:11.080 --> 0:15:13.720
<v Speaker 1>in one visit with the tablet. And and there are

0:15:13.760 --> 0:15:16.760
<v Speaker 1>more smartphones out there in the wild than there are tablets.

0:15:16.920 --> 0:15:20.240
<v Speaker 1>There's absolutely true, there are far more smartphones than tablets

0:15:20.240 --> 0:15:23.280
<v Speaker 1>in the wild, although according to Adobe, tablets are still

0:15:23.360 --> 0:15:26.560
<v Speaker 1>driving more traffic. Um. They said that people who use

0:15:26.640 --> 0:15:29.760
<v Speaker 1>tablets to browse shops are three times more likely to

0:15:29.760 --> 0:15:33.720
<v Speaker 1>buy something than someone on a smartphone. But it's probably

0:15:33.720 --> 0:15:36.880
<v Speaker 1>important now to look at some actual numbers because because

0:15:36.880 --> 0:15:38.800
<v Speaker 1>you sit there and thin, Wow, if I have if

0:15:38.840 --> 0:15:40.880
<v Speaker 1>I'm using a tablet, I'm three times more likely to

0:15:40.880 --> 0:15:42.880
<v Speaker 1>buy something than if I were looking at the same

0:15:42.920 --> 0:15:47.480
<v Speaker 1>content on a smartphone. Hold on their big guy, so

0:15:48.240 --> 0:15:50.800
<v Speaker 1>far this is where we start talking about conversion, converting

0:15:50.840 --> 0:15:54.240
<v Speaker 1>someone from browsing to buying. That's and that's that action.

0:15:54.440 --> 0:15:56.640
<v Speaker 1>That's that that's that cost per action kind of right

0:15:56.720 --> 0:15:58.440
<v Speaker 1>that we were talking about earlier. Yeah, this is this

0:15:58.480 --> 0:16:01.080
<v Speaker 1>is where we go from that's a pretty pair of

0:16:01.080 --> 0:16:04.560
<v Speaker 1>shoes to hey, I own those shoes now. So if

0:16:04.560 --> 0:16:07.120
<v Speaker 1>you're using a smartphone, it said that there was a

0:16:07.200 --> 0:16:10.760
<v Speaker 1>point seven percent conversion rate, meaning that point seven percent

0:16:10.760 --> 0:16:13.080
<v Speaker 1>of the people shopping on a smartphone would buy stuff

0:16:13.200 --> 0:16:15.600
<v Speaker 1>on a particularly on a typical visit, and so three

0:16:15.600 --> 0:16:17.560
<v Speaker 1>times that for for tablets, that would make it two

0:16:17.600 --> 0:16:20.440
<v Speaker 1>point two percent. Yeah, so when we're talking three times,

0:16:20.440 --> 0:16:23.800
<v Speaker 1>we're talking from less than one percent to just over

0:16:23.880 --> 0:16:27.280
<v Speaker 1>two percent. It's not it's not like some overwhelming number,

0:16:27.560 --> 0:16:30.520
<v Speaker 1>but also for PCs not that impressive. Actually, it's only

0:16:30.560 --> 0:16:33.280
<v Speaker 1>three point three percent for PCs. So again this is

0:16:33.320 --> 0:16:36.320
<v Speaker 1>and so this is not actually a method that is

0:16:36.480 --> 0:16:41.000
<v Speaker 1>working on on a particularly calculable level across the field. Yeah. Now,

0:16:41.320 --> 0:16:43.240
<v Speaker 1>if you look at if you look at just the

0:16:43.320 --> 0:16:46.720
<v Speaker 1>mass number of purchases, it ends up being huge numbers. Right,

0:16:46.760 --> 0:16:49.880
<v Speaker 1>we're talking billions of dollars. But when you're talking when

0:16:49.880 --> 0:16:52.840
<v Speaker 1>you're looking at all of traffic that is going to

0:16:52.920 --> 0:16:56.640
<v Speaker 1>these sites, it's a tiny little percentage. Now, if you

0:16:56.680 --> 0:16:58.960
<v Speaker 1>were to compare that to say, a person who walks

0:16:58.960 --> 0:17:01.000
<v Speaker 1>into a brick and mortar store and how likely they

0:17:01.000 --> 0:17:03.840
<v Speaker 1>are to actually walk out with a purchase, I'm sure

0:17:03.840 --> 0:17:08.320
<v Speaker 1>the numbers are are pathetic. However, way more people can

0:17:08.320 --> 0:17:10.560
<v Speaker 1>come to your website than can come to a typical

0:17:10.600 --> 0:17:13.600
<v Speaker 1>breaking mortar store. Yeah, you know, just the physical limitations

0:17:13.640 --> 0:17:16.320
<v Speaker 1>there means that it's a totally different set of numbers.

0:17:16.440 --> 0:17:18.960
<v Speaker 1>So even though it's a small percentage, it may still

0:17:19.000 --> 0:17:22.720
<v Speaker 1>be a large number of people. That's still I don't

0:17:22.720 --> 0:17:25.359
<v Speaker 1>know that. Nonetheless as to me that that possibly a

0:17:25.400 --> 0:17:27.840
<v Speaker 1>better system could be found. Oh sure, if we can

0:17:27.880 --> 0:17:30.359
<v Speaker 1>get to a point where we are compelled to buy.

0:17:30.480 --> 0:17:32.800
<v Speaker 1>You know that we are punished if we do not buy,

0:17:33.119 --> 0:17:37.520
<v Speaker 1>and that world is coming. I've said too much, all right, So, uh,

0:17:38.480 --> 0:17:42.040
<v Speaker 1>the leading operating system in the United States mobile operating system,

0:17:42.080 --> 0:17:44.680
<v Speaker 1>I should say, in the United States is here's a

0:17:44.720 --> 0:17:52.480
<v Speaker 1>big shock. Yeah, people love their Apple products. Sheep. I'm

0:17:52.560 --> 0:17:55.800
<v Speaker 1>just kidding. I'm just kidding. My wife. My wife uses

0:17:56.280 --> 0:17:58.720
<v Speaker 1>uh an iPad and an iPhone. She loves it. I

0:17:58.760 --> 0:18:03.199
<v Speaker 1>actually really think that iOS devices are amazing. I just

0:18:03.240 --> 0:18:05.960
<v Speaker 1>happen to be an Android user. So while I make

0:18:06.040 --> 0:18:08.679
<v Speaker 1>the joke, I am not one of those people who's

0:18:08.760 --> 0:18:12.360
<v Speaker 1>like Android good, iOS bad, which is which is good

0:18:12.400 --> 0:18:14.600
<v Speaker 1>because because I might we might have to fight. Yeah,

0:18:14.640 --> 0:18:17.280
<v Speaker 1>and I don't want to do that because she's scrappy, y'all.

0:18:17.320 --> 0:18:20.360
<v Speaker 1>I am elbows like knives. Um. But yeah. And then

0:18:20.359 --> 0:18:22.960
<v Speaker 1>that's despite the fact that there are more Android devices

0:18:23.000 --> 0:18:25.400
<v Speaker 1>overall available in the market. Oh yeah, sure, by far,

0:18:25.440 --> 0:18:29.120
<v Speaker 1>I mean considering that the iPhone is one device. Yeah,

0:18:29.160 --> 0:18:32.120
<v Speaker 1>you can buy an older iPhone, but it's still one

0:18:32.200 --> 0:18:36.160
<v Speaker 1>line of products, whereas Android comes in all shapes, sizes, flavors,

0:18:36.160 --> 0:18:40.520
<v Speaker 1>and problems. Uh, there's this whole fracturing of the market thing.

0:18:40.520 --> 0:18:43.320
<v Speaker 1>That we could talk about, but that's a different podcast. Uh,

0:18:43.480 --> 0:18:46.680
<v Speaker 1>Tablet versus smartphone use is not steady across the globe.

0:18:46.720 --> 0:18:48.720
<v Speaker 1>I mentioned that earlier, that there are some places in

0:18:48.760 --> 0:18:51.840
<v Speaker 1>the world where people prefer to browse on tablets and

0:18:51.840 --> 0:18:54.400
<v Speaker 1>others where they prefer smartphones. So, for example, in the UK,

0:18:55.040 --> 0:18:59.320
<v Speaker 1>about people use tablets, so that's the majority there. But

0:18:59.400 --> 0:19:02.200
<v Speaker 1>in China it's like nine of the people in China

0:19:02.240 --> 0:19:05.960
<v Speaker 1>are using smartphones to browse the web. So so it's

0:19:06.000 --> 0:19:10.760
<v Speaker 1>also hard to create a strategy, a mobile strategy that

0:19:10.880 --> 0:19:13.520
<v Speaker 1>is going to affect the entire globe. First of all,

0:19:14.280 --> 0:19:17.919
<v Speaker 1>being able to do business around the world is problematic too.

0:19:18.400 --> 0:19:21.399
<v Speaker 1>That that's sure, sure, And then that's why companies like

0:19:21.440 --> 0:19:25.359
<v Speaker 1>I think that right now, Google owns more than half

0:19:25.400 --> 0:19:28.800
<v Speaker 1>of the share in the mobile digital ad market across

0:19:28.840 --> 0:19:31.600
<v Speaker 1>the globe. Google. When you think about Google, and we've

0:19:31.640 --> 0:19:35.040
<v Speaker 1>said this before, to Google is not really a search company.

0:19:35.160 --> 0:19:38.240
<v Speaker 1>Google is an online advertising company, right and and they've

0:19:38.280 --> 0:19:43.679
<v Speaker 1>incorporated YouTube into that. They've incorporated they've incorporated everything like tracking,

0:19:44.040 --> 0:19:47.560
<v Speaker 1>GPS tracking, I mean, there's based upon what region you're in.

0:19:47.600 --> 0:19:49.360
<v Speaker 1>Now a lot of this is opt in, so you're

0:19:49.400 --> 0:19:54.040
<v Speaker 1>not forced to do it yet the compulsions coming people

0:19:54.520 --> 0:19:56.919
<v Speaker 1>just telling you now, but no, you're not forced to

0:19:56.960 --> 0:19:59.359
<v Speaker 1>do it. But if you do it, then you end

0:19:59.440 --> 0:20:02.560
<v Speaker 1>up getting what we call targeted ads. Right. They're targeted

0:20:02.600 --> 0:20:07.080
<v Speaker 1>to you based upon your behaviors, based upon where you're from,

0:20:07.119 --> 0:20:10.000
<v Speaker 1>if if there are more demographic things known about you,

0:20:10.040 --> 0:20:12.320
<v Speaker 1>like your gender and your age that can go into

0:20:12.320 --> 0:20:16.240
<v Speaker 1>targeted advertising, which I understand for some people it's really

0:20:16.320 --> 0:20:19.280
<v Speaker 1>kind of a creepy idea, this idea that the advertisers

0:20:19.320 --> 0:20:21.800
<v Speaker 1>know more about a lot of privacy issues wrapped up

0:20:21.800 --> 0:20:24.240
<v Speaker 1>in this now personally, and this is this is just

0:20:24.400 --> 0:20:27.679
<v Speaker 1>personally literally, like just as it applies to me, I

0:20:27.720 --> 0:20:31.640
<v Speaker 1>don't apply this to anyone else. I love targeted advertising,

0:20:31.680 --> 0:20:33.119
<v Speaker 1>and the reason why I love it is because I'm

0:20:33.119 --> 0:20:36.280
<v Speaker 1>seeing ads that are really much more relevant to my

0:20:36.400 --> 0:20:38.720
<v Speaker 1>interests and I learned about things I never would have

0:20:38.760 --> 0:20:41.560
<v Speaker 1>known about otherwise. And I love to to be able

0:20:41.600 --> 0:20:44.640
<v Speaker 1>to do that kind of shopping. But I would not

0:20:44.800 --> 0:20:48.119
<v Speaker 1>say that everyone wants to have that exact same experience.

0:20:48.200 --> 0:20:50.920
<v Speaker 1>And there are people who have had very disruptive things

0:20:50.960 --> 0:20:54.040
<v Speaker 1>happened to them because advertisers were able to figure out

0:20:54.080 --> 0:20:58.919
<v Speaker 1>certain life situations and send the messages unsolicited. There's that

0:20:58.960 --> 0:21:01.280
<v Speaker 1>one horror story of that um target girl who is

0:21:01.280 --> 0:21:04.720
<v Speaker 1>living with her parents, and Target, based on her purchasing behavior,

0:21:04.800 --> 0:21:08.040
<v Speaker 1>sent her a congratulations you're having a baby package and

0:21:08.080 --> 0:21:10.280
<v Speaker 1>then her father got all upset at Targets saying how

0:21:10.359 --> 0:21:12.120
<v Speaker 1>dare you send this to her, and then send another

0:21:12.200 --> 0:21:14.440
<v Speaker 1>layer's target saying I'm sorry, I did not realize my

0:21:14.520 --> 0:21:17.760
<v Speaker 1>daughter was pregnant and boy, yeah, so they're There are

0:21:17.760 --> 0:21:20.920
<v Speaker 1>definitely ways that this this tool can go wrong, all right,

0:21:21.160 --> 0:21:23.600
<v Speaker 1>you know, it can be pretty awkward and pretty invasive.

0:21:23.600 --> 0:21:25.240
<v Speaker 1>At the same time, I do have to say that, yes,

0:21:25.359 --> 0:21:27.800
<v Speaker 1>I agree with you, Jonathan, and I personally am am

0:21:27.840 --> 0:21:30.920
<v Speaker 1>happier when, for example, I've just gone through a terrifyingly

0:21:31.040 --> 0:21:35.600
<v Speaker 1>bad breakup and Facebook is not sending me engagement ring ads.

0:21:35.680 --> 0:21:37.840
<v Speaker 1>That's a that's a great day for me. Yeah, yeah,

0:21:38.040 --> 0:21:41.560
<v Speaker 1>personally I could see that. Okay, that's fair. Uh. The

0:21:41.680 --> 0:21:44.919
<v Speaker 1>last point I have under the trends this one I

0:21:44.960 --> 0:21:47.280
<v Speaker 1>recommend we all take with a huge grain of salt.

0:21:47.320 --> 0:21:49.199
<v Speaker 1>And the reason is that, like you said Lauren at

0:21:49.240 --> 0:21:51.359
<v Speaker 1>the top of the show, some of the sources we

0:21:51.440 --> 0:21:55.040
<v Speaker 1>have for the information are from companies that have vested

0:21:55.119 --> 0:21:58.880
<v Speaker 1>interest in online advertising basically all of them, to which

0:21:58.920 --> 0:22:01.199
<v Speaker 1>which makes things a little bit sticky, right because I mean,

0:22:01.240 --> 0:22:03.680
<v Speaker 1>they might be saying, hey, you know, you shouldn't get

0:22:03.680 --> 0:22:06.960
<v Speaker 1>out of desktop advertising because it's gonna come back in

0:22:06.960 --> 0:22:08.600
<v Speaker 1>a big way. And it turns out the reason why

0:22:08.600 --> 0:22:11.440
<v Speaker 1>they say that because they have this whole advertising strategy

0:22:11.520 --> 0:22:14.400
<v Speaker 1>that they want to sell. But in this case, there's

0:22:14.400 --> 0:22:19.080
<v Speaker 1>a company called host Gator which is vested in mobile advertising.

0:22:19.200 --> 0:22:23.240
<v Speaker 1>So again let's let's take that into consideration. But they

0:22:23.280 --> 0:22:26.600
<v Speaker 1>they say that they figure that mobile will overtake fixed

0:22:26.640 --> 0:22:31.359
<v Speaker 1>internet access by teen. So we're recording this, which means

0:22:31.359 --> 0:22:35.320
<v Speaker 1>next year we would see mobile browsing overtake internet browsing,

0:22:35.359 --> 0:22:39.439
<v Speaker 1>or at least mobile access to the Internet overtake fixed access. Now,

0:22:39.920 --> 0:22:42.959
<v Speaker 1>while that is coming from a company that is offering

0:22:43.040 --> 0:22:46.480
<v Speaker 1>up mobile advertising strategies, it's also one of those things

0:22:46.480 --> 0:22:49.520
<v Speaker 1>that I find easy to believe just based upon the

0:22:49.520 --> 0:22:52.240
<v Speaker 1>trends we've been seeing so far. Now, maybe it means

0:22:52.280 --> 0:22:54.639
<v Speaker 1>that it's not really fourteen, Maybe it will be a

0:22:54.640 --> 0:22:56.720
<v Speaker 1>few more years down the road before we actually see

0:22:56.760 --> 0:23:00.439
<v Speaker 1>this happen, But I think it is happening. And you know,

0:23:00.440 --> 0:23:03.880
<v Speaker 1>whether whether it overtakes it or not, it's it's clearly

0:23:04.040 --> 0:23:09.480
<v Speaker 1>a a functioning revenue source. Um or. Facebook reported that

0:23:09.520 --> 0:23:14.159
<v Speaker 1>as of Q two, of mobile ads made up of

0:23:14.200 --> 0:23:17.960
<v Speaker 1>its revenue. Yeah. And in fact, that was one of

0:23:17.960 --> 0:23:20.239
<v Speaker 1>those things that when Facebook was having its I p

0:23:20.359 --> 0:23:22.199
<v Speaker 1>O there was a little bit of a shake up

0:23:22.200 --> 0:23:24.600
<v Speaker 1>because Facebook at that point had not really figured out

0:23:24.600 --> 0:23:27.480
<v Speaker 1>how it was going to handle the mobile ads part

0:23:27.600 --> 0:23:31.159
<v Speaker 1>of its of its revenue stream. And so they discovered

0:23:31.200 --> 0:23:35.480
<v Speaker 1>that their um their their revenues for one quarter that

0:23:35.560 --> 0:23:38.560
<v Speaker 1>year were lower than what had they had projected. And

0:23:38.600 --> 0:23:41.639
<v Speaker 1>it was partially because everyone was starting to when I

0:23:41.640 --> 0:23:43.880
<v Speaker 1>say everyone, so many people were starting to use the

0:23:43.920 --> 0:23:47.320
<v Speaker 1>Facebook mobile app or or just to access Facebook on

0:23:47.440 --> 0:23:51.480
<v Speaker 1>mobile platform, which again gives you a totally different experience

0:23:51.520 --> 0:23:54.960
<v Speaker 1>than than on a desktop. It made it made a

0:23:55.000 --> 0:23:57.880
<v Speaker 1>lot of investors lose faith in them. And in fact, this,

0:23:57.880 --> 0:24:01.399
<v Speaker 1>this news, this Q two news um was basically what

0:24:01.640 --> 0:24:04.960
<v Speaker 1>preempted the rebound and Facebook staff this summer. It shows

0:24:04.960 --> 0:24:08.120
<v Speaker 1>how powerful mobile really is. Well, we'll talk a little

0:24:08.119 --> 0:24:11.240
<v Speaker 1>bit more about some of these challenges in just a minute,

0:24:11.240 --> 0:24:12.880
<v Speaker 1>but before we do, we're going to take our own

0:24:12.920 --> 0:24:17.480
<v Speaker 1>little break to thank our sponsor. Okay, so let's talk

0:24:17.520 --> 0:24:20.840
<v Speaker 1>about some of the challenges about mobile advertising. We've touched

0:24:20.840 --> 0:24:22.720
<v Speaker 1>on some of them already, but we'll we'll kind of

0:24:22.760 --> 0:24:26.439
<v Speaker 1>have to pull them all into this gigantic cloud of

0:24:26.600 --> 0:24:31.520
<v Speaker 1>how do we do this? Right? So, the type of

0:24:31.560 --> 0:24:35.080
<v Speaker 1>content you consume might depend upon the device you're using,

0:24:35.119 --> 0:24:38.160
<v Speaker 1>because some devices use certain make certain type of content

0:24:38.560 --> 0:24:41.359
<v Speaker 1>easier to access or to consume. For example, if a

0:24:41.359 --> 0:24:43.879
<v Speaker 1>website is in flash, probably you're not looking at that

0:24:44.160 --> 0:24:47.040
<v Speaker 1>on an iOS device anyway. You know, Android for a

0:24:47.040 --> 0:24:51.600
<v Speaker 1>while supported Flash for a while. Um, yeah, so you

0:24:51.720 --> 0:24:54.159
<v Speaker 1>that that's a good example exactly when I don't know

0:24:54.200 --> 0:24:56.600
<v Speaker 1>about you, Lauren, I don't know how how frequently you

0:24:56.600 --> 0:24:59.200
<v Speaker 1>you will occasion go out to eat at some place

0:24:59.200 --> 0:25:01.520
<v Speaker 1>where you're not really familiar with the menu. But if

0:25:01.560 --> 0:25:03.280
<v Speaker 1>you've ever had the experience where you click on the

0:25:03.280 --> 0:25:05.320
<v Speaker 1>menu thing and then you realize that the menu was

0:25:05.320 --> 0:25:08.199
<v Speaker 1>programmed in flash, you probably have had some choice words.

0:25:08.440 --> 0:25:10.960
<v Speaker 1>I have I have cursed the heavens multiple times based

0:25:10.960 --> 0:25:15.879
<v Speaker 1>on that. Yes, when occurred grasp of hanger, which is

0:25:16.880 --> 0:25:20.119
<v Speaker 1>the combination of being hungry and angry at the same time.

0:25:21.200 --> 0:25:23.479
<v Speaker 1>Lauren and I both suffer from this, So you do

0:25:23.560 --> 0:25:25.000
<v Speaker 1>not want to be in a room with us when

0:25:25.040 --> 0:25:27.160
<v Speaker 1>neither of us have had a snack. Yeah, both both

0:25:27.160 --> 0:25:29.400
<v Speaker 1>of us are are a tiny bit on the hypoglycemic

0:25:29.480 --> 0:25:32.679
<v Speaker 1>end and also have very particular dietary restrictions. Right, it

0:25:32.720 --> 0:25:36.280
<v Speaker 1>makes us really entertaining. The longer our podcast, the longer

0:25:36.280 --> 0:25:38.800
<v Speaker 1>our podcast goes, the more likely we are to come

0:25:38.840 --> 0:25:41.080
<v Speaker 1>to blows, not because we don't like each other, but

0:25:41.160 --> 0:25:46.720
<v Speaker 1>because we're angry. Well, I go into fits of rage

0:25:46.840 --> 0:25:49.840
<v Speaker 1>when I try and access something like a menu on

0:25:49.840 --> 0:25:52.280
<v Speaker 1>on a mobile device. And that's a perfect example of

0:25:52.320 --> 0:25:55.199
<v Speaker 1>how companies have to really take that into account when

0:25:55.240 --> 0:25:59.800
<v Speaker 1>they're designing their their mobile websites or their mobile applications.

0:26:00.160 --> 0:26:02.600
<v Speaker 1>They need to make sure that they are catering to

0:26:02.960 --> 0:26:06.960
<v Speaker 1>a platform that has its own set of advantages and disadvantages,

0:26:07.000 --> 0:26:10.359
<v Speaker 1>things that can and cannot do. Um. And then there's

0:26:10.440 --> 0:26:13.840
<v Speaker 1>also the concept of content grazing, which makes it even

0:26:13.920 --> 0:26:17.000
<v Speaker 1>more complicated. And uh, that is that is the concept

0:26:17.080 --> 0:26:19.639
<v Speaker 1>that um that most people when they're on their mobile

0:26:19.680 --> 0:26:23.200
<v Speaker 1>devices are doing multiple other things at the same time,

0:26:23.840 --> 0:26:27.440
<v Speaker 1>maybe watching TV, maybe on their tablet, maybe also checking

0:26:27.440 --> 0:26:30.960
<v Speaker 1>their smartphones simultaneous. Yeah, they might have usually it's too

0:26:31.280 --> 0:26:34.720
<v Speaker 1>at least two screens, probably more than two screens for

0:26:34.760 --> 0:26:39.800
<v Speaker 1>some of us, where we are consuming things on multiple platforms,

0:26:39.840 --> 0:26:41.479
<v Speaker 1>all at the same time, all of which have their

0:26:41.520 --> 0:26:44.040
<v Speaker 1>own advantages and disadvantages, like I just said, so that

0:26:44.080 --> 0:26:45.879
<v Speaker 1>may or may not be related. You know that. I

0:26:45.880 --> 0:26:48.159
<v Speaker 1>think the hope like that, if you're watching television is

0:26:48.200 --> 0:26:50.400
<v Speaker 1>that you're going to be on your tablet looking up

0:26:50.400 --> 0:26:54.520
<v Speaker 1>extraneous information about that television program. Yeah, but does not

0:26:54.640 --> 0:26:57.919
<v Speaker 1>necessarily the case because let me tell you, I have

0:26:58.160 --> 0:27:03.920
<v Speaker 1>frequently watched uh Netflix on my Xbox three sixty. There's

0:27:03.920 --> 0:27:06.040
<v Speaker 1>gonna be a lot of name dropping here because I

0:27:06.040 --> 0:27:09.480
<v Speaker 1>want to just point out how insane I am. So

0:27:09.720 --> 0:27:11.960
<v Speaker 1>I've got my television on, I've got my Xbox three

0:27:12.000 --> 0:27:14.160
<v Speaker 1>sixty on. I'm watching Netflix for that, so that's one

0:27:14.200 --> 0:27:16.600
<v Speaker 1>thing I've got going on. Meanwhile, I've got my laptop

0:27:16.680 --> 0:27:18.440
<v Speaker 1>up and I'm in Google Docs so that i can

0:27:18.480 --> 0:27:20.880
<v Speaker 1>type in snarky comments about whatever it is I'm watching,

0:27:20.880 --> 0:27:23.359
<v Speaker 1>because I'm probably doing this for another show I do. So.

0:27:23.400 --> 0:27:26.359
<v Speaker 1>Then I've also got my smartphone there where I'm getting

0:27:26.359 --> 0:27:29.000
<v Speaker 1>all of my status updates from various things because I

0:27:29.000 --> 0:27:31.120
<v Speaker 1>don't want to have too many tabs open on my laptop.

0:27:31.200 --> 0:27:34.240
<v Speaker 1>That slows things down for all the snark. So already

0:27:34.240 --> 0:27:38.480
<v Speaker 1>I've got three screens going. I have a problem. And

0:27:38.520 --> 0:27:41.880
<v Speaker 1>I'm not alone. It turns out the problem right, and

0:27:41.880 --> 0:27:44.560
<v Speaker 1>and and and people cite all kinds of different reasons

0:27:44.600 --> 0:27:46.760
<v Speaker 1>for doing this, and and it might be it might

0:27:46.760 --> 0:27:49.720
<v Speaker 1>be that where you just don't want to put down

0:27:49.800 --> 0:27:52.120
<v Speaker 1>all of your feeds, where you have the slight addiction

0:27:52.240 --> 0:27:54.840
<v Speaker 1>to all of the information coming in. You're very kind

0:27:54.880 --> 0:27:58.040
<v Speaker 1>to say slight, yes, but that is that is one.

0:27:58.119 --> 0:28:00.080
<v Speaker 1>There's one where it's just I just want something on

0:28:00.119 --> 0:28:02.080
<v Speaker 1>the background. I just I can't have to be quiet.

0:28:02.119 --> 0:28:03.679
<v Speaker 1>I just have to have something on in the background

0:28:03.680 --> 0:28:05.199
<v Speaker 1>while I'm doing this other thing. And it's not that

0:28:05.240 --> 0:28:07.240
<v Speaker 1>I'm paying any attention to that, but I have to

0:28:07.240 --> 0:28:09.760
<v Speaker 1>have it on right um or even that, you know,

0:28:09.880 --> 0:28:12.400
<v Speaker 1>during commercial breaks or if something is if you're having

0:28:12.840 --> 0:28:15.960
<v Speaker 1>load screen issues or something like that. It's just your board,

0:28:16.119 --> 0:28:18.919
<v Speaker 1>exactly that, your board. And rather than be bored, you

0:28:18.920 --> 0:28:21.000
<v Speaker 1>want to switch your attention to something else to keep

0:28:21.040 --> 0:28:23.200
<v Speaker 1>you entertained what you're waiting for the boring thing to stop.

0:28:23.320 --> 0:28:25.560
<v Speaker 1>I am so guilty of that. I am to that

0:28:25.680 --> 0:28:28.080
<v Speaker 1>is really that's the thing that I'm working on. But yeah,

0:28:28.160 --> 0:28:30.760
<v Speaker 1>I fall into that same sort of category. And we're

0:28:30.760 --> 0:28:32.000
<v Speaker 1>not alone. There are a lot of people, and of

0:28:32.040 --> 0:28:36.440
<v Speaker 1>course everyone seems to think that they are the ideal multitasker,

0:28:36.520 --> 0:28:40.160
<v Speaker 1>even though studies have shown repeatedly that the vast majority

0:28:40.360 --> 0:28:43.240
<v Speaker 1>portion of the population is actually good at multitask like

0:28:43.360 --> 0:28:47.440
<v Speaker 1>one or two percent of the entire population. Everyone else

0:28:47.480 --> 0:28:50.720
<v Speaker 1>is lying to themselves, me included, right right, everyone else

0:28:50.920 --> 0:28:53.840
<v Speaker 1>that your performance on every individual task you are trying

0:28:53.840 --> 0:28:58.320
<v Speaker 1>to do simultaneously declines for a few people, the supertaskers,

0:28:58.600 --> 0:29:01.320
<v Speaker 1>this is not the case. But if you are wondering

0:29:01.400 --> 0:29:04.000
<v Speaker 1>if you're a supertasker, you're not. I mean, I'm just

0:29:04.040 --> 0:29:08.280
<v Speaker 1>safe to say that statistically speaking. Nope. All right, so um,

0:29:08.320 --> 0:29:11.560
<v Speaker 1>there's also, uh the idea that we had before about

0:29:11.600 --> 0:29:14.760
<v Speaker 1>these these different screen landscapes, the fact that that websites

0:29:14.840 --> 0:29:17.200
<v Speaker 1>are laid out in a different way depending upon what

0:29:17.360 --> 0:29:19.960
<v Speaker 1>kind of device you're looking at. You know, if you're

0:29:20.040 --> 0:29:22.600
<v Speaker 1>using a smartphone, you're going to get a certain layout.

0:29:22.640 --> 0:29:24.760
<v Speaker 1>If you get a tablets a different layout that might

0:29:24.800 --> 0:29:27.120
<v Speaker 1>be similar to the layout you might get from a

0:29:27.200 --> 0:29:30.040
<v Speaker 1>laptop or desktop. But it's still a little different. It's

0:29:30.080 --> 0:29:31.800
<v Speaker 1>not you know that each one is trying to be

0:29:31.880 --> 0:29:37.400
<v Speaker 1>optimized for the experience, because one size does not that all. Like,

0:29:37.480 --> 0:29:40.200
<v Speaker 1>you can't have one design of a website and expect

0:29:40.240 --> 0:29:43.560
<v Speaker 1>that to work across all devices. I mean, there's a

0:29:43.560 --> 0:29:46.000
<v Speaker 1>lot of variety out there, especially right Yes, and like,

0:29:46.000 --> 0:29:48.400
<v Speaker 1>like we're saying earlier, there are so many different screen

0:29:48.400 --> 0:29:51.880
<v Speaker 1>sizes when you get into Android devices in particular, that

0:29:52.040 --> 0:29:54.840
<v Speaker 1>um that it's yeah, yeah, so so okay. So so

0:29:54.880 --> 0:29:57.160
<v Speaker 1>you're working with a whole bunch of different devices, all

0:29:57.200 --> 0:30:01.880
<v Speaker 1>of which are carried by many different wireless operators, working

0:30:01.920 --> 0:30:08.040
<v Speaker 1>working upon many different operating systems from many different locations. Um. So,

0:30:08.040 --> 0:30:11.720
<v Speaker 1>so location based stuff has to be very particular. Um,

0:30:12.080 --> 0:30:15.240
<v Speaker 1>the the the advertisers creating this content may not actually

0:30:15.280 --> 0:30:17.960
<v Speaker 1>be personally using the mobile platforms that they're working with,

0:30:18.040 --> 0:30:20.760
<v Speaker 1>and therefore might not be familiar enough with them to

0:30:20.920 --> 0:30:23.520
<v Speaker 1>really have insight into what will and will work for

0:30:23.520 --> 0:30:27.560
<v Speaker 1>for people. Um And and furthermore, um, you know, this

0:30:27.640 --> 0:30:32.280
<v Speaker 1>is all a new, new issue new as of two thousands,

0:30:32.440 --> 0:30:34.800
<v Speaker 1>I would say, I would say it's still very much

0:30:34.840 --> 0:30:38.720
<v Speaker 1>an emerging technology. I mean, it's by now, I think

0:30:38.760 --> 0:30:41.160
<v Speaker 1>from a consumer standpoint, we're looking at and saying, this

0:30:41.240 --> 0:30:43.720
<v Speaker 1>is a fairly mature technology at this point. We're seeing

0:30:43.720 --> 0:30:47.240
<v Speaker 1>we're seeing refinements, but not giant leaps and evolution from

0:30:47.240 --> 0:30:49.920
<v Speaker 1>a consumer standpoint. But on the back end of it,

0:30:50.080 --> 0:30:53.600
<v Speaker 1>the actual creation and delivery of content, it's still like,

0:30:53.800 --> 0:30:56.480
<v Speaker 1>you know, corporations don't move at the speed of consumers.

0:30:57.000 --> 0:30:59.880
<v Speaker 1>All right, So we've covered the fact that mobile advertising

0:30:59.920 --> 0:31:02.840
<v Speaker 1>is hard. You uh, Let's talk about some of the

0:31:03.600 --> 0:31:07.400
<v Speaker 1>strategies that have been applied to mobile advertising. We mentioned

0:31:07.400 --> 0:31:12.320
<v Speaker 1>one targeted ads, specifically targeting your not just your behaviors

0:31:12.400 --> 0:31:16.040
<v Speaker 1>like what your your past browsing habits are, but also

0:31:16.080 --> 0:31:18.440
<v Speaker 1>your location. If you do enable that, Like I said,

0:31:18.440 --> 0:31:21.760
<v Speaker 1>for most systems, it's an opt in situation, so you're

0:31:21.800 --> 0:31:25.120
<v Speaker 1>not being tracked to do it right or you know,

0:31:25.160 --> 0:31:28.800
<v Speaker 1>in some cases it might be an opt out like

0:31:28.920 --> 0:31:32.160
<v Speaker 1>default on right. I much prefer opt in obviously to

0:31:32.200 --> 0:31:34.840
<v Speaker 1>opt out, just because it gives the consumer much more

0:31:35.600 --> 0:31:38.840
<v Speaker 1>transparent control of what is going on with their data.

0:31:39.240 --> 0:31:42.360
<v Speaker 1>But yes, you in those cases, you will have the

0:31:42.440 --> 0:31:45.720
<v Speaker 1>ability to reach people and give them ads that are

0:31:46.160 --> 0:31:49.120
<v Speaker 1>at least have a probability of being more relevant to

0:31:49.120 --> 0:31:51.800
<v Speaker 1>them than just and you know, an ad from a

0:31:51.880 --> 0:31:57.600
<v Speaker 1>database of sponsors. UM. Also, video ads big big deal

0:31:57.640 --> 0:32:01.200
<v Speaker 1>with mobile advertising and mobile platforms because since people aren't

0:32:01.240 --> 0:32:05.000
<v Speaker 1>necessarily paying, you know, they're they're not necessarily reading really

0:32:05.040 --> 0:32:07.720
<v Speaker 1>in depth articles about stuff on their mobile platforms, they

0:32:07.800 --> 0:32:10.600
<v Speaker 1>might be watching a quick video or listening to something. Yeah,

0:32:10.600 --> 0:32:14.600
<v Speaker 1>there's a lot more of video consumption on mobile platforms. Uh.

0:32:14.600 --> 0:32:16.600
<v Speaker 1>And you know, I remember a few years ago when

0:32:17.200 --> 0:32:20.640
<v Speaker 1>the the cellular speeds weren't really good enough to give

0:32:20.680 --> 0:32:25.640
<v Speaker 1>a very good experience for video, and I was thinking, like,

0:32:25.960 --> 0:32:27.800
<v Speaker 1>this is never going to take off. But of course,

0:32:27.840 --> 0:32:30.560
<v Speaker 1>once those speeds got better, and once the processors got

0:32:30.560 --> 0:32:32.840
<v Speaker 1>better and the battery life got better on these devices,

0:32:32.920 --> 0:32:37.040
<v Speaker 1>it became a viable uh thing, a viable feature. And

0:32:37.160 --> 0:32:40.959
<v Speaker 1>so a lot of web content creators are making a

0:32:41.000 --> 0:32:44.320
<v Speaker 1>slow move from traditional web content that you might think

0:32:44.320 --> 0:32:46.920
<v Speaker 1>of as a uh, you know, a database of articles

0:32:46.920 --> 0:32:50.120
<v Speaker 1>and start to create more video content. Uh. And that

0:32:50.400 --> 0:32:53.440
<v Speaker 1>it's in part because that's the kind of content that

0:32:53.480 --> 0:32:56.120
<v Speaker 1>people are seeking out. It's the it's easy to consume

0:32:56.160 --> 0:33:00.880
<v Speaker 1>in these mobile platforms. And it doesn't mean that the

0:33:00.960 --> 0:33:05.920
<v Speaker 1>content quality changes, it just the actual delivery of it changes.

0:33:06.680 --> 0:33:11.960
<v Speaker 1>So you then have a move to start inserting video

0:33:12.000 --> 0:33:14.560
<v Speaker 1>ads into things. But even that gets a little tough,

0:33:14.640 --> 0:33:17.840
<v Speaker 1>I mean, depending upon what you're using as a way

0:33:17.880 --> 0:33:20.880
<v Speaker 1>of delivering video to your consumer. For example, if you're

0:33:20.920 --> 0:33:26.080
<v Speaker 1>using YouTube, YouTube allows people to serve ads against their content,

0:33:26.680 --> 0:33:29.000
<v Speaker 1>and if you do that then you get a certain

0:33:29.040 --> 0:33:33.680
<v Speaker 1>percentage of the ad revenue and Google gets the rest, right,

0:33:33.680 --> 0:33:36.680
<v Speaker 1>And it's not an insignificant amount that Google gets, no, Google,

0:33:36.720 --> 0:33:39.320
<v Speaker 1>Google gets a significant amount of that, you know, depending

0:33:39.400 --> 0:33:41.800
<v Speaker 1>upon I don't know if all the agreements are the

0:33:41.840 --> 0:33:44.880
<v Speaker 1>same across all content creators. I imagine that there are

0:33:44.920 --> 0:33:47.800
<v Speaker 1>different ones, but at any rate, Google does take a

0:33:47.800 --> 0:33:50.680
<v Speaker 1>cut of that. And on top of that, Google also

0:33:50.720 --> 0:33:54.280
<v Speaker 1>has an algorithm where you can sometimes skip an ad

0:33:54.320 --> 0:33:57.000
<v Speaker 1>if you've ever watched a YouTube video in five seconds,

0:33:58.040 --> 0:34:02.120
<v Speaker 1>So skipping that ad, I suspect impacts how much money

0:34:02.240 --> 0:34:05.440
<v Speaker 1>the the person who has that content will receive because

0:34:05.480 --> 0:34:07.880
<v Speaker 1>you've you've just allowed the user to skip it. Why

0:34:07.920 --> 0:34:10.719
<v Speaker 1>does Google do this, Well, it's for user experience, you know.

0:34:10.800 --> 0:34:13.080
<v Speaker 1>They it's too it's this idea that by doing this

0:34:13.400 --> 0:34:17.600
<v Speaker 1>you keep user satisfaction up. And uh, the algorithm is

0:34:17.640 --> 0:34:20.759
<v Speaker 1>designed so that there are certain times when you are

0:34:20.840 --> 0:34:22.680
<v Speaker 1>not going to be allowed to skip an AD, and

0:34:22.719 --> 0:34:26.800
<v Speaker 1>it doesn't necessarily mean that that particular AD is different

0:34:26.800 --> 0:34:29.360
<v Speaker 1>from another, it's just that the algorithm has lined it

0:34:29.440 --> 0:34:31.920
<v Speaker 1>up that way. Um. There are other times where I

0:34:31.960 --> 0:34:33.960
<v Speaker 1>guess there are AD deals where no matter what, you're

0:34:34.000 --> 0:34:36.120
<v Speaker 1>never able to skip it because I've I've seen some

0:34:36.239 --> 0:34:39.840
<v Speaker 1>ads that didn't it didn't matter what video I was watching,

0:34:39.880 --> 0:34:41.319
<v Speaker 1>that ad was going to play all the way through

0:34:41.680 --> 0:34:45.560
<v Speaker 1>every time. UM. So these deals are complicated. There's no

0:34:45.640 --> 0:34:48.759
<v Speaker 1>one size fits all approach. Even with YouTube, and that's

0:34:48.840 --> 0:34:51.759
<v Speaker 1>just one delivery system. Now there are other ones that

0:34:51.800 --> 0:34:53.480
<v Speaker 1>are out there on the web, but YouTube is just

0:34:53.520 --> 0:34:58.040
<v Speaker 1>one of those that's incredibly well known. On top of that,

0:34:58.080 --> 0:35:01.320
<v Speaker 1>you have social platform ads, So this is using stuff

0:35:01.360 --> 0:35:04.440
<v Speaker 1>like Twitter and Facebook to kind of advertise, so you know,

0:35:04.560 --> 0:35:08.960
<v Speaker 1>sponsored tweets where you'll look at your Twitter feed and

0:35:09.000 --> 0:35:11.920
<v Speaker 1>you're like, I'm not following Burger King. Yeah, why am

0:35:11.960 --> 0:35:14.399
<v Speaker 1>I seeing this? It's because it's a promoted tweet that

0:35:14.400 --> 0:35:16.920
<v Speaker 1>that the company in this case Burger King, has paid

0:35:17.120 --> 0:35:19.880
<v Speaker 1>so that you will know that their latest version of

0:35:19.880 --> 0:35:23.319
<v Speaker 1>the Whopper is available or whatever, and so you'll, um,

0:35:23.560 --> 0:35:26.960
<v Speaker 1>you know, you'll see that because it's been promoted into Twitter.

0:35:27.520 --> 0:35:30.560
<v Speaker 1>Um that's one way. Another is a course on platforms

0:35:30.600 --> 0:35:33.000
<v Speaker 1>like Facebook, where you'll see those ads that are maybe

0:35:33.040 --> 0:35:36.640
<v Speaker 1>along the right rail, or occasionally you'll see sponsored inline. Yeah,

0:35:36.640 --> 0:35:39.680
<v Speaker 1>you'll see sponsored stuff pop up in your feed. And

0:35:39.719 --> 0:35:42.359
<v Speaker 1>again that stuff that companies have paid for and and

0:35:42.480 --> 0:35:45.640
<v Speaker 1>in this case that also tends to be run through

0:35:45.880 --> 0:35:49.640
<v Speaker 1>some algorithms, so that the ads that you see, Lauren,

0:35:50.400 --> 0:35:53.239
<v Speaker 1>are probably different from the ads that I see. I

0:35:53.239 --> 0:35:57.800
<v Speaker 1>imagine that you get fewer ads for my aforementioned example,

0:35:58.160 --> 0:36:01.200
<v Speaker 1>engagement rings than I do because I'm female and therefore

0:36:01.239 --> 0:36:05.080
<v Speaker 1>I'm clearly interested in receiving a diamond from somebody. And

0:36:05.120 --> 0:36:08.040
<v Speaker 1>I'm married, So if I start shopping for engagement rings,

0:36:08.080 --> 0:36:12.439
<v Speaker 1>I'm going to have some serious questions to answer. Also, yeah,

0:36:12.719 --> 0:36:15.640
<v Speaker 1>it's also based upon your browsing habits. I know this

0:36:15.800 --> 0:36:19.759
<v Speaker 1>because I was recently looking at a costume piece. I

0:36:19.800 --> 0:36:23.040
<v Speaker 1>was looking for a specific costume piece, and I went

0:36:23.120 --> 0:36:26.400
<v Speaker 1>to several different websites looking for this, you know, variations

0:36:26.400 --> 0:36:28.200
<v Speaker 1>on this costume piece, and then I went up back

0:36:28.280 --> 0:36:31.400
<v Speaker 1>over to Facebook and lo and behold, one of the

0:36:31.440 --> 0:36:33.440
<v Speaker 1>things I was looking for was right there in the

0:36:33.520 --> 0:36:35.879
<v Speaker 1>right rail with the other ads. So it was going

0:36:35.920 --> 0:36:39.719
<v Speaker 1>beyond just my uh, my experience on Facebook. It was

0:36:39.719 --> 0:36:44.480
<v Speaker 1>looking at my browsing history fun times. So um. It

0:36:44.560 --> 0:36:49.200
<v Speaker 1>does then filter the various ads that you could get

0:36:49.239 --> 0:36:51.239
<v Speaker 1>and goes with the ones that you are most likely

0:36:51.320 --> 0:36:54.040
<v Speaker 1>to find relevant based upon your behaviors and what you've

0:36:54.080 --> 0:36:56.520
<v Speaker 1>liked in the past. And it may very well be

0:36:56.680 --> 0:37:00.719
<v Speaker 1>that perhaps that that ad I saw isn't related to

0:37:00.719 --> 0:37:03.640
<v Speaker 1>my browsing history. Maybe I liked something in the past

0:37:03.680 --> 0:37:06.239
<v Speaker 1>that brought it up. That's quite possible because it was

0:37:06.280 --> 0:37:08.640
<v Speaker 1>just a coincidence that you that you noticed because your

0:37:08.640 --> 0:37:11.279
<v Speaker 1>brain had been on that exactly exactly. It could very

0:37:11.320 --> 0:37:15.279
<v Speaker 1>well be a coincidence. I'm not totally on the this

0:37:15.360 --> 0:37:18.040
<v Speaker 1>is the cause and this is the effect bandwagon. I've

0:37:18.120 --> 0:37:23.480
<v Speaker 1>just so um. But then there's also the suggestion that

0:37:23.560 --> 0:37:25.560
<v Speaker 1>content creators have to find ways to make the stuff

0:37:25.600 --> 0:37:28.560
<v Speaker 1>they generate easy to consume on mobile devices, and it

0:37:28.600 --> 0:37:31.600
<v Speaker 1>has to be engaging and optimized, and then that means

0:37:31.680 --> 0:37:34.719
<v Speaker 1>that it needs to be snack sized, kind of like

0:37:34.800 --> 0:37:37.879
<v Speaker 1>we were saying with more content moving to video, this

0:37:37.880 --> 0:37:39.520
<v Speaker 1>this is this is similar. This is you know, if

0:37:39.560 --> 0:37:41.560
<v Speaker 1>you do have an article. Have its something that someone

0:37:41.640 --> 0:37:45.480
<v Speaker 1>can consume easily and quickly while they're on a mobile tablet,

0:37:45.920 --> 0:37:48.640
<v Speaker 1>mobile platform. It might be a paragraph as opposed to

0:37:48.680 --> 0:37:51.040
<v Speaker 1>an article. It might you know, you'll see a lot

0:37:51.080 --> 0:37:55.200
<v Speaker 1>of things like uh images, slide shows. You'll see um,

0:37:55.239 --> 0:37:58.680
<v Speaker 1>you know, quick quick things, because the idea is that

0:37:58.800 --> 0:38:02.120
<v Speaker 1>no one wants to sit and read an in depth

0:38:02.200 --> 0:38:04.480
<v Speaker 1>article on a mobile platform, or at least that that's

0:38:04.480 --> 0:38:06.560
<v Speaker 1>not what the majority wants to do. Because as soon

0:38:06.600 --> 0:38:07.879
<v Speaker 1>as I say that, I'm going to get a lot

0:38:07.920 --> 0:38:10.640
<v Speaker 1>of people writing in saying I love reading along articles

0:38:10.640 --> 0:38:12.880
<v Speaker 1>on my mobile device. I'm one of them. I wade

0:38:12.920 --> 0:38:15.520
<v Speaker 1>the train all the time, so I'll read. I read

0:38:15.560 --> 0:38:18.600
<v Speaker 1>books on my phone sometimes, but I'll also read you know,

0:38:18.800 --> 0:38:24.640
<v Speaker 1>really long pieces written in various uh publications. So I'm

0:38:24.680 --> 0:38:28.040
<v Speaker 1>outside the norm. They're like I am, with lots of things.

0:38:29.160 --> 0:38:32.120
<v Speaker 1>I can't help it. Uh. And then also there's the

0:38:32.200 --> 0:38:35.759
<v Speaker 1>chance of seeing more sponsored content on mobile platforms. So

0:38:35.800 --> 0:38:38.040
<v Speaker 1>in this case, you might see a site or an

0:38:38.160 --> 0:38:43.120
<v Speaker 1>article brought to you by something. Yeah, especially if it's

0:38:43.160 --> 0:38:46.319
<v Speaker 1>something that's related to whatever the content of that, like

0:38:46.360 --> 0:38:49.759
<v Speaker 1>if it's a blog that's about a specific thing like

0:38:49.800 --> 0:38:53.200
<v Speaker 1>a specific subculture or specific like it's you know, a

0:38:53.200 --> 0:38:56.200
<v Speaker 1>movie commentary or whatever, you could imagine that that would

0:38:56.239 --> 0:38:59.200
<v Speaker 1>be sponsored by a company that's related to that subject.

0:38:59.760 --> 0:39:03.640
<v Speaker 1>And um, I mean obviously that also means that you

0:39:04.480 --> 0:39:09.520
<v Speaker 1>have examples of editorial content, and then there's advertorial content

0:39:09.560 --> 0:39:12.360
<v Speaker 1>where it's kind of a mixed between advertisement and editorial,

0:39:12.800 --> 0:39:15.920
<v Speaker 1>and then there's just ads. It does mean that there's

0:39:16.160 --> 0:39:17.960
<v Speaker 1>there's a lot more navigation needed on the part of

0:39:18.000 --> 0:39:21.719
<v Speaker 1>the user, right if they're if they're out for something specific. Sure,

0:39:21.800 --> 0:39:23.880
<v Speaker 1>that's that's actually a huge problem for me while I'm

0:39:23.880 --> 0:39:26.759
<v Speaker 1>while I'm researching, especially topics like this that um that

0:39:26.960 --> 0:39:32.000
<v Speaker 1>it's hard to tell sometimes whether articles from from some

0:39:32.120 --> 0:39:36.239
<v Speaker 1>of these UM marketing companies, yeah, are are just advertising

0:39:36.280 --> 0:39:40.319
<v Speaker 1>around services or if they're making a valid point, right,

0:39:40.680 --> 0:39:42.800
<v Speaker 1>I think that it's hard to say what the future

0:39:42.840 --> 0:39:44.920
<v Speaker 1>will be of this kind of thing. Um, I mean,

0:39:44.960 --> 0:39:47.600
<v Speaker 1>obviously mobile is going to play a huge part, so

0:39:47.680 --> 0:39:50.520
<v Speaker 1>we know that the question is, you know, people are

0:39:50.520 --> 0:39:54.480
<v Speaker 1>trying to innovate new ways of putting ad content into

0:39:55.200 --> 0:39:58.560
<v Speaker 1>into our our browsing experiences that is going to be

0:39:58.800 --> 0:40:02.840
<v Speaker 1>UM less disrupt of and more natural and and just

0:40:02.880 --> 0:40:05.640
<v Speaker 1>work out better for everybody. You know, it's certainly nobody

0:40:05.719 --> 0:40:08.040
<v Speaker 1>wants the user to have a bad experience. That's not

0:40:08.160 --> 0:40:10.880
<v Speaker 1>going to make someone more likely to buy a product.

0:40:11.160 --> 0:40:14.000
<v Speaker 1>But at the same time, if there's not this support,

0:40:14.040 --> 0:40:15.880
<v Speaker 1>then the people who are creating the content have to

0:40:15.920 --> 0:40:19.200
<v Speaker 1>find other ways of making money because, you know, while

0:40:19.200 --> 0:40:21.759
<v Speaker 1>there's going to be some content created for free on

0:40:21.800 --> 0:40:24.960
<v Speaker 1>the Internet by people who are just very passionate about

0:40:24.960 --> 0:40:27.759
<v Speaker 1>whatever it is they're doing, the reality is if you

0:40:27.800 --> 0:40:29.719
<v Speaker 1>want to make a living at it, then someone has

0:40:29.760 --> 0:40:33.319
<v Speaker 1>to pay somewhere. Because we're not We haven't reached a

0:40:33.320 --> 0:40:37.040
<v Speaker 1>point where I can release a podcast in return for

0:40:37.080 --> 0:40:41.200
<v Speaker 1>a sandwich. Although I don't I shouldn't say that because

0:40:41.280 --> 0:40:43.520
<v Speaker 1>next thing I know, I could be brought in for

0:40:43.640 --> 0:40:45.480
<v Speaker 1>my annual review would say, so we hear you want

0:40:45.480 --> 0:40:50.000
<v Speaker 1>to be paid in sandwiches? Um, I think. I think

0:40:50.000 --> 0:40:52.000
<v Speaker 1>that's how money works. In fact, you can buy as

0:40:52.040 --> 0:40:54.919
<v Speaker 1>many sandwiches as you want. Can I buy other things

0:40:54.960 --> 0:40:57.880
<v Speaker 1>besides sandwiches? I suppose you could. I'm sold on this

0:40:57.920 --> 0:41:01.920
<v Speaker 1>money idea. UM. There. For example, while I was doing

0:41:01.920 --> 0:41:04.959
<v Speaker 1>research for this podcast, I ran across a study done

0:41:05.000 --> 0:41:09.680
<v Speaker 1>by a CEO of a app called pocket change, and

0:41:09.680 --> 0:41:11.840
<v Speaker 1>pocket Change is an Apple let's you earn points for

0:41:11.920 --> 0:41:16.400
<v Speaker 1>activity on other apps. So wow, it's a meta app.

0:41:16.680 --> 0:41:19.719
<v Speaker 1>Yeah yeah, um so so you know, you'll you'll go

0:41:19.880 --> 0:41:22.560
<v Speaker 1>and you know, for for the number of pages that

0:41:22.600 --> 0:41:26.280
<v Speaker 1>you browse, are the number of candies that you crush?

0:41:26.400 --> 0:41:28.839
<v Speaker 1>I don't know what that is, you know, etcetera. Um,

0:41:29.280 --> 0:41:31.840
<v Speaker 1>you you'll earn points that you can exchange for rewards

0:41:31.960 --> 0:41:34.839
<v Speaker 1>and and so it's a it's another form of advertising.

0:41:34.840 --> 0:41:37.839
<v Speaker 1>And um so in this way, what what this app

0:41:37.920 --> 0:41:42.000
<v Speaker 1>is doing is encouraging your engagement with other apps and

0:41:42.040 --> 0:41:45.719
<v Speaker 1>other services, and in return, you get rewarded for it,

0:41:45.840 --> 0:41:48.120
<v Speaker 1>similar to the way that you earned might arn reward

0:41:48.160 --> 0:41:52.640
<v Speaker 1>points on a credit card. That's ingenious. That is incredible,

0:41:52.680 --> 0:41:55.600
<v Speaker 1>I honestly when I was doing my research, and that's

0:41:55.640 --> 0:42:00.640
<v Speaker 1>such a simple, elegant way of encouraging people to consume,

0:42:01.719 --> 0:42:03.920
<v Speaker 1>do what you want to do, and right like, here

0:42:03.920 --> 0:42:05.920
<v Speaker 1>are the things that's going to help you earn points,

0:42:06.520 --> 0:42:09.120
<v Speaker 1>and you know, and hopefully along the way you are

0:42:09.160 --> 0:42:13.240
<v Speaker 1>going to enjoy whatever that particular content is. And obviously

0:42:13.280 --> 0:42:15.960
<v Speaker 1>some people would just be playing just to accumulate points,

0:42:16.000 --> 0:42:18.399
<v Speaker 1>but the hope is, of course that they're doing going

0:42:18.440 --> 0:42:20.719
<v Speaker 1>beyond that, and they're actually consuming what it is that

0:42:20.760 --> 0:42:23.960
<v Speaker 1>people are creating. Right right, Microsoft has started doing a

0:42:24.080 --> 0:42:26.440
<v Speaker 1>vaguely similar thing with some of their Microsoft Points. You

0:42:26.440 --> 0:42:30.279
<v Speaker 1>can you can earn points by by playing games or

0:42:30.280 --> 0:42:32.839
<v Speaker 1>by downloading new games, and um, and I'm not sure

0:42:32.880 --> 0:42:36.200
<v Speaker 1>what you can exchange those points for right now exactly

0:42:36.280 --> 0:42:39.000
<v Speaker 1>because I've earned a grand total of zero of them.

0:42:39.040 --> 0:42:44.280
<v Speaker 1>But Lauren's an overachiever, and and you know that's not mobile.

0:42:44.280 --> 0:42:46.319
<v Speaker 1>But but I think that this is that kind of

0:42:46.360 --> 0:42:49.919
<v Speaker 1>gamification is something that people are starting to think about doing.

0:42:50.239 --> 0:42:53.320
<v Speaker 1>I can see that. Yeah, so there are some creative

0:42:53.360 --> 0:42:56.680
<v Speaker 1>ways that people are exploring to try and and and

0:42:56.719 --> 0:43:01.560
<v Speaker 1>generate money using the mobile platform experience. Because again, the

0:43:01.560 --> 0:43:04.840
<v Speaker 1>the traditional one we've talked about is becoming less relevant

0:43:05.000 --> 0:43:07.879
<v Speaker 1>over time. It's not like it's irrelevant now, it's not.

0:43:08.480 --> 0:43:12.640
<v Speaker 1>It's just it's just slowly declining or it maybe maybe

0:43:12.640 --> 0:43:14.799
<v Speaker 1>declines even the wrong word, but starting to plateau, and

0:43:14.800 --> 0:43:17.600
<v Speaker 1>then it looks like it's going to decline. So the

0:43:17.640 --> 0:43:20.080
<v Speaker 1>writings on the wall really people have to find other

0:43:20.160 --> 0:43:23.800
<v Speaker 1>ways of making this work or else entire companies could

0:43:23.920 --> 0:43:28.480
<v Speaker 1>end up having to either restructure drastically or even go

0:43:28.560 --> 0:43:33.759
<v Speaker 1>away because they cannot do business. Yeah, so um, you know,

0:43:33.840 --> 0:43:36.719
<v Speaker 1>and and you know it's it's it'll be interesting to

0:43:36.719 --> 0:43:39.680
<v Speaker 1>see how it plays out. I'm sure that solutions will

0:43:39.719 --> 0:43:44.440
<v Speaker 1>be proposed, implemented, discarded, refined. We're gonna see it. It's

0:43:44.520 --> 0:43:47.400
<v Speaker 1>never going to be a super clean process that you

0:43:47.480 --> 0:43:50.160
<v Speaker 1>can point from the beginning to the end and say

0:43:50.160 --> 0:43:52.720
<v Speaker 1>and here's the story. It's gonna be complex and messy

0:43:52.760 --> 0:43:56.000
<v Speaker 1>because that's kind of how humans are. But I do

0:43:56.200 --> 0:44:00.120
<v Speaker 1>think that we will crack this somehow where it's going

0:44:00.160 --> 0:44:02.080
<v Speaker 1>to be the kind of experience where no one is

0:44:02.080 --> 0:44:04.959
<v Speaker 1>going to be feeling like it was, you know, like

0:44:04.960 --> 0:44:07.719
<v Speaker 1>like you're being punished for browsing the web. That that

0:44:07.960 --> 0:44:11.920
<v Speaker 1>obviously would be the wrong message to show, because like

0:44:11.960 --> 0:44:14.640
<v Speaker 1>you said, Lauren, I'm not likely to buy something if

0:44:14.680 --> 0:44:18.320
<v Speaker 1>I'm irritated at my experience. But if it's an experience

0:44:18.320 --> 0:44:23.040
<v Speaker 1>that is entertaining, it's compelling, I'm feeling rewarded, then I'm

0:44:23.120 --> 0:44:27.040
<v Speaker 1>much more likely to buy something or to look at

0:44:27.239 --> 0:44:31.960
<v Speaker 1>a particular vendor services. So it's just making that work.

0:44:32.440 --> 0:44:34.560
<v Speaker 1>You know, it sounds like a simple idea, but making

0:44:34.560 --> 0:44:38.880
<v Speaker 1>it work in practice is a complex process. Well, excited

0:44:38.920 --> 0:44:40.799
<v Speaker 1>to see where it goes. Me too, because you know

0:44:41.000 --> 0:44:43.880
<v Speaker 1>I lacks my smartphones, and I lacks my tablets and

0:44:43.880 --> 0:44:47.120
<v Speaker 1>I lacks my laptops. Also like having a job, that's

0:44:47.239 --> 0:44:50.480
<v Speaker 1>also good. Yes, considering that the way we work is

0:44:50.600 --> 0:44:53.960
<v Speaker 1>very much dependent upon this. Uh yeah, it's it's important

0:44:53.960 --> 0:44:56.520
<v Speaker 1>to us on a personal level, there's no getting around that.

0:44:56.760 --> 0:45:00.359
<v Speaker 1>And you know we love it. So please help us,

0:45:00.520 --> 0:45:03.360
<v Speaker 1>help us solve this. No, seriously, guys, if you have

0:45:03.400 --> 0:45:06.719
<v Speaker 1>any suggestions for future episodes of tech Stuff, maybe you've

0:45:06.719 --> 0:45:09.880
<v Speaker 1>got a particular technology you've always wanted to hear more about,

0:45:10.000 --> 0:45:13.359
<v Speaker 1>or maybe there's a leader in the text space that

0:45:13.480 --> 0:45:16.359
<v Speaker 1>you are dying to learn about. Let us know. Send

0:45:16.440 --> 0:45:19.840
<v Speaker 1>us a message. Our email is tech Stuff at Discovery

0:45:19.880 --> 0:45:22.640
<v Speaker 1>dot com, or drop us a line on Facebook or Twitter.

0:45:22.840 --> 0:45:25.279
<v Speaker 1>You don't have to sponsor the message, just right on

0:45:25.320 --> 0:45:28.120
<v Speaker 1>our on our our pages, we'll we'll read it. You

0:45:28.160 --> 0:45:31.480
<v Speaker 1>can find us Our handle is text Stuff h s W.

0:45:31.800 --> 0:45:34.040
<v Speaker 1>You can also find us on Tumbler under that screen name.

0:45:34.120 --> 0:45:36.720
<v Speaker 1>You have to do this every time, like we literally

0:45:36.760 --> 0:45:39.839
<v Speaker 1>just did this an hour ago and I still forget. Yes,

0:45:39.920 --> 0:45:42.800
<v Speaker 1>you can find us on Tumbler and it is really good,

0:45:43.080 --> 0:45:47.919
<v Speaker 1>good uh content. There Lauren is is curating an amazing

0:45:47.960 --> 0:45:51.120
<v Speaker 1>tumbler page. So go check that out. You just good work.

0:45:51.160 --> 0:45:54.160
<v Speaker 1>I made that tumbler page what like two years ago.

0:45:54.520 --> 0:45:56.720
<v Speaker 1>How much was on that tumbler page when you went there, Lauren?

0:45:57.400 --> 0:45:59.839
<v Speaker 1>There is literally nothing on that tumbler page. Side think

0:46:00.000 --> 0:46:03.520
<v Speaker 1>title of podcasts. There you go that pretty That pretty

0:46:03.560 --> 0:46:05.839
<v Speaker 1>much says it all. Lauren pretty much says it all.

0:46:06.120 --> 0:46:08.240
<v Speaker 1>Al Right, guys, So I hope you enjoyed this episode.

0:46:08.280 --> 0:46:10.719
<v Speaker 1>Let us know what you think, and we will talk

0:46:10.719 --> 0:46:16.160
<v Speaker 1>to you again really soon for more on this and

0:46:16.239 --> 0:46:18.799
<v Speaker 1>thousands of other topics. Is it how stuff works dot

0:46:18.840 --> 0:46:25.400
<v Speaker 1>com