WEBVTT - TechStuff Classic: Ads on the Go

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<v Speaker 1>Welcome to tech Stuff, a production from my Heart Radio.

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<v Speaker 1>Pay there and welcome to tech Stuff. I'm your host,

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<v Speaker 1>Jonathan Strickland. I'm an executive producer with our Heart Radio

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<v Speaker 1>and I love all things tech and it is time

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<v Speaker 1>for another classic episode. This episode originally published on October

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<v Speaker 1>two thousand thirteen. The world was such a different place

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<v Speaker 1>back then. This episode is called Ads on the Go,

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<v Speaker 1>where we talk about everyone's favorite topic advertising. But as

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<v Speaker 1>it turns out, it's important stuff and sometimes there are

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<v Speaker 1>ways to do it well where it's actually helpful, and

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<v Speaker 1>sometimes there are ways to do it really, really badly

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<v Speaker 1>where it's intrusive or worse. So let's listen to this

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<v Speaker 1>classic episode and i'll talk to you guys again in

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<v Speaker 1>a bit. Any company that has a web presence and

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<v Speaker 1>they are alone a company that is that is a

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<v Speaker 1>web presence period. Yeah, they're all concerned about this because

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<v Speaker 1>they want to make sure that they're continuing to serve

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<v Speaker 1>up and experience. There's a good experience for the people

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<v Speaker 1>who are using the web on whatever device they happen

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<v Speaker 1>to be on, and furthermore, something that can actually make

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<v Speaker 1>the money. Yeah, And as it turns out, this whole

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<v Speaker 1>mobile Uh, this move to mobile browsing is really disruptive

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<v Speaker 1>as far as that goes. But it's the it's it's

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<v Speaker 1>a pretty big industry of UM. As of August, according

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<v Speaker 1>to an insight company called e Marketer, the mobile advertising

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<v Speaker 1>global market is set to be UH worth over sixteen

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<v Speaker 1>billion dollars this year. That's a lot of money UM,

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<v Speaker 1>which is a growth and I imagine that we'll see

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<v Speaker 1>that number even go even higher because you're seeing when

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<v Speaker 1>you start looking at sales figures for things like tablets

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<v Speaker 1>and smartphones, there through the roof. And it's across the globe.

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<v Speaker 1>Although I will say, and we'll get into the US,

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<v Speaker 1>different parts of the globe value different platforms. Some are

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<v Speaker 1>very tablet crazy and some are like no, I want

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<v Speaker 1>my smartphone right absolutely, But but the marketers also saying

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<v Speaker 1>that the desktop ad market UM is set to peak

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<v Speaker 1>at around thirty five billion and be on a decline

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<v Speaker 1>after that. Yeah. And part of the reason for that

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<v Speaker 1>is that we're seeing more and more people move away

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<v Speaker 1>from those traditional desktop and laptop platforms. UH. And we're

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<v Speaker 1>also seeing because we're seeing this move toward mobile, that

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<v Speaker 1>itself is in part devaluing advertising on those traditional platforms, right,

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<v Speaker 1>So if everyone is moving to something else, then you

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<v Speaker 1>can't sell your your website that's designed for a desktop

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<v Speaker 1>as a an ideal place where you for advertisers to

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<v Speaker 1>put ads, because if no one's using a desktop of

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<v Speaker 1>you that website, then no one's getting that content right.

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<v Speaker 1>And when whenever you have that split, you're going to

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<v Speaker 1>have some people who are who are very happy with

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<v Speaker 1>their experience and some people who are not, just because

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<v Speaker 1>of the way that the page was designed. As I'm

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<v Speaker 1>sure everyone listening to this has has had the experience

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<v Speaker 1>of in the past. Right. There's even some discussion and

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<v Speaker 1>some debate about the value of, say a specific app

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<v Speaker 1>for a web content creator versus a mobile browser. So

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<v Speaker 1>there are websites out there that have apps. How stuff

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<v Speaker 1>works has an app, and then they also have a

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<v Speaker 1>presence on the web and actual website. And there are

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<v Speaker 1>some people who who say that they much prefer the

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<v Speaker 1>experience of going through a mobile website than using an app,

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<v Speaker 1>even if that app has been optimized to to really

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<v Speaker 1>feature whatever the content is of that website, Because I

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<v Speaker 1>guess partial part of it is that when you're in

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<v Speaker 1>a web browser, you have a lot more freedom to

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<v Speaker 1>go from one place to another, and that may not

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<v Speaker 1>be within the confines of whatever website you're visiting, whereas

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<v Speaker 1>if you're going through an app, that's pretty much what

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<v Speaker 1>you're seeing, right. So so okay, so some of those

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<v Speaker 1>more traditional method that's that that we're thinking are going

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<v Speaker 1>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 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 great detailble it is

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<v Speaker 1>because assuming that you're listening to a podcast, I'm pretty

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<v Speaker 1>sure you've visited a web page has had a banner

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<v Speaker 1>ad on it. So uh, that's one version another course,

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<v Speaker 1>or 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 browsers. So if it's on

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<v Speaker 1>top of your web browser, you start interrupts your viewing experience.

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<v Speaker 1>If it's underneath, you'll see it when you finally close

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<v Speaker 1>your your page. Yeah, when you close your page or

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<v Speaker 1>you close your browser and suddenly 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. Man, Hey, Lauren, let

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<v Speaker 1>me ask you is your favorite kind of add My

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<v Speaker 1>favorite kind of ad, You know, the one that immediately

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<v Speaker 1>starts to AutoPlay video with sound. That's my favorite. How

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<v Speaker 1>did you know? Yeah? It's also great when you're doing

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<v Speaker 1>research at work and then suddenly you've got like, you know,

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<v Speaker 1>despicable mean minions screaming at the top of their lungs.

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<v Speaker 1>But then and you're like, well that those didn't plan

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<v Speaker 1>on treating everyone to that professionalism. Or if you're or

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<v Speaker 1>if you're like me and you think I'm going to

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<v Speaker 1>click on this link and walk away to get coffee

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<v Speaker 1>because it's gonna take all 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 and 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, that 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 as line text ads which are

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<v Speaker 1>a little bit sneakier. Those those are the things that

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<v Speaker 1>you might have seen like a double underline and article

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<v Speaker 1>that you were reading that should you happen to click

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<v Speaker 1>on it, it might take it. It will take you

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<v Speaker 1>to some whoever is actually purchased the ad, and usually

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<v Speaker 1>it's something that directly relates to whatether the term is.

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<v Speaker 1>So for example, if I were to write a blog

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<v Speaker 1>post and I'm mentioning a particular type of camera, there

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<v Speaker 1>might be a double underlined version of the camera's name,

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<v Speaker 1>and if you clicked on it, it might take you

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<v Speaker 1>to say Amazon dot com or some other retail site

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<v Speaker 1>where you can purchase the camera. So I mean that's

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<v Speaker 1>what it's usually considered a slightly less obtrusive, but it

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<v Speaker 1>can also be sneaky or misleading or 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 information

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<v Speaker 1>all rather than advertorial and you never know, you know, uh.

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<v Speaker 1>And then there are there's also search engine marketing. That's

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<v Speaker 1>where you end up paying a search engine to feature

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<v Speaker 1>your product on a results page that relates back to

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<v Speaker 1>whatever that product is. Those those will be like a

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<v Speaker 1>Google sponsored ads that pop up along the like usually

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<v Speaker 1>the first two at the top and then maybe a

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<v Speaker 1>few along a sidebar. Right. So it's generally are related

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<v Speaker 1>to your search and and can be really very helpful

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<v Speaker 1>depending on on the the algorithms that Google is using

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<v Speaker 1>for that particular ad. But um, but yeah, it has

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<v Speaker 1>has been found to to create some confusion in some

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<v Speaker 1>populations of Internet goers as to whether those are really

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<v Speaker 1>the best search result or something that is sponsored. Some

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<v Speaker 1>people apparently don't read the fine print right now, there

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<v Speaker 1>are different ways that these ads are actually making money. Yeah,

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<v Speaker 1>so we're going to take you into the inside. Come

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<v Speaker 1>along with us. Of course, if you've listened to texta

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<v Speaker 1>for a while, you've heard that Chris and I did

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<v Speaker 1>an episode about um web advertising ages ago, and you

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<v Speaker 1>probably have heard these terms from that as well. But

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<v Speaker 1>it's certainly important in our discussion about mobile advertising. So

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<v Speaker 1>one 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>in displays 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 entire really

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<v Speaker 1>up to the content creator, because the content creator is

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<v Speaker 1>just creating stuff that they want people to to look at.

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<v Speaker 1>The advertiser would have to create an ad that was

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<v Speaker 1>enticing enough to get people to click, or tricky enough

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<v Speaker 1>so that people click on it by accident. Although I

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<v Speaker 1>think most people would argue that that's not very effective,

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<v Speaker 1>not really to the benefit of all involved. Right, you know,

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<v Speaker 1>it all depends on who's doing the marketing to Right.

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<v Speaker 1>If it's a third party marketing department that is creating

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<v Speaker 1>these ads and all they are concerned with is throwing

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<v Speaker 1>as much traffic to the to the advertiser as possible,

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<v Speaker 1>then they might not really care if it's truly effective

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<v Speaker 1>in getting people to convert. Where we talk about conversion

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<v Speaker 1>numbers to convert over into buying something, what's the whole

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<v Speaker 1>third one? That third one is cp A that's cost

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<v Speaker 1>per action, and that is going a step further than

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<v Speaker 1>cost per click. It's when someone has has clicked through

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<v Speaker 1>to a site and actually does whatever the advertiser wanted

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<v Speaker 1>them to do, like purchase a product or or in

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<v Speaker 1>er a free trial. So if you've listened, yeah, you've

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<v Speaker 1>listened to us talk about our sponsors. We have several

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<v Speaker 1>sponsors where they use this approach. So if our listeners

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<v Speaker 1>go and they sign up for these things, then that

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<v Speaker 1>means that the sponsor will end up paying whatever the

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<v Speaker 1>agree amount is. So, in other words, go and sign

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<v Speaker 1>up for those things, guys, because that's awesome for us.

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<v Speaker 1>Um also, I mean, our sponsors are great, so that

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<v Speaker 1>helps too. So let's talk about the mobile ad problem. Now.

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<v Speaker 1>The problem is that a lot of these these traditional

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<v Speaker 1>ads that we talked about, the banner ads and the

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<v Speaker 1>pop ups, pop unders, the text ads are a lot

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<v Speaker 1>harder to navigate or to see in a mobile platform,

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<v Speaker 1>particularly when you're talking about something like a smartphone where

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<v Speaker 1>the landscape of viewable area is really tiny, right right,

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<v Speaker 1>and people are moving through at a pretty rapid rate

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<v Speaker 1>of reading speed, maybe paying a little bit less attention. Yeah.

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<v Speaker 1>Or it may even be that in order to view

0:11:52.840 --> 0:11:55.520
<v Speaker 1>whatever the content is of the website, they re size

0:11:55.520 --> 0:11:57.840
<v Speaker 1>it so that they're only so that the text or

0:11:57.880 --> 0:12:00.920
<v Speaker 1>whatever it is they're looking at actually readable, therefore blocking

0:12:00.920 --> 0:12:03.720
<v Speaker 1>out the section of the page that had the ad. Yeah. Yeah,

0:12:03.800 --> 0:12:05.920
<v Speaker 1>that stuff might not even appear on the screen. Share.

0:12:05.920 --> 0:12:07.920
<v Speaker 1>There's also a lot of programming bugs in which I mean,

0:12:07.960 --> 0:12:10.360
<v Speaker 1>you know, we've got so many um so many mobile

0:12:10.360 --> 0:12:14.880
<v Speaker 1>devices and carriers and os is that at a certain

0:12:14.920 --> 0:12:18.440
<v Speaker 1>point it gets difficult for a single you know, web

0:12:18.480 --> 0:12:21.520
<v Speaker 1>developer to create a website that looks good on everything. Yeah,

0:12:21.800 --> 0:12:24.760
<v Speaker 1>a lot of these websites also have mobile versions of

0:12:24.800 --> 0:12:28.200
<v Speaker 1>them that are optimized for the mobile viewing experience, which

0:12:28.360 --> 0:12:30.960
<v Speaker 1>often means that they leave the ads off because there's

0:12:31.000 --> 0:12:33.199
<v Speaker 1>just no space for them. It ends up making the

0:12:33.720 --> 0:12:36.520
<v Speaker 1>content look all squished, and that's a terrible experience for

0:12:36.559 --> 0:12:39.000
<v Speaker 1>the user, which means that the user is less likely

0:12:39.080 --> 0:12:41.800
<v Speaker 1>to go to that website. So that means that in

0:12:41.880 --> 0:12:44.880
<v Speaker 1>order to monetize the website, we have to start looking

0:12:44.920 --> 0:12:49.000
<v Speaker 1>at different ways to to to have kind of ads

0:12:49.080 --> 0:12:53.440
<v Speaker 1>or sponsorships or whatever, because the traditional ways just aren't

0:12:54.280 --> 0:12:58.199
<v Speaker 1>They aren't designed with that platform in mind. Right, And

0:12:58.280 --> 0:13:00.719
<v Speaker 1>this is certainly not a new problem or a new

0:13:00.760 --> 0:13:03.560
<v Speaker 1>set of problems. As of two seven, mobile was becoming

0:13:03.559 --> 0:13:06.760
<v Speaker 1>a priority among media and marketing executives. Um, I mean

0:13:06.880 --> 0:13:09.880
<v Speaker 1>that was before the iPhone guys. Yeah, um, you know,

0:13:10.040 --> 0:13:13.480
<v Speaker 1>as of two thousand six, Nielsen had started tracking cell

0:13:13.480 --> 0:13:16.839
<v Speaker 1>phone use across media, right right, Yeah, I remember that

0:13:16.880 --> 0:13:20.720
<v Speaker 1>I could browse with my old had a Nokia phone

0:13:21.280 --> 0:13:24.120
<v Speaker 1>that hey Microsoft buying them now, but I had I

0:13:24.160 --> 0:13:27.439
<v Speaker 1>had an old Nokia phone that or Nokia phone that

0:13:27.440 --> 0:13:30.400
<v Speaker 1>that could browse websites and you would just get in

0:13:30.440 --> 0:13:32.480
<v Speaker 1>these little by texts and you'd have to you know,

0:13:32.520 --> 0:13:35.600
<v Speaker 1>you wouldn't get any graphics at all, It's just text. Uh.

0:13:36.679 --> 0:13:40.080
<v Speaker 1>I rapidly decided that was not an ideal experience for me. Yeah,

0:13:40.080 --> 0:13:41.920
<v Speaker 1>I believe I had a Samsung like a like a

0:13:41.920 --> 0:13:44.240
<v Speaker 1>flip flip phone that allows you to do the same

0:13:44.240 --> 0:13:47.800
<v Speaker 1>sort of thing a motor lay anyway, not important. It

0:13:47.800 --> 0:13:49.800
<v Speaker 1>wasn't until I got a smartphone that I really started

0:13:49.840 --> 0:13:52.280
<v Speaker 1>to use it to do things like browse the web. Yeah. So,

0:13:52.480 --> 0:13:54.559
<v Speaker 1>um so some some of the trends that are going

0:13:54.559 --> 0:13:57.360
<v Speaker 1>on right now, Yeah, let's talk about them. So I

0:13:57.400 --> 0:13:59.960
<v Speaker 1>got a lot of this information from Adobe. Now, Adobe

0:14:00.040 --> 0:14:03.600
<v Speaker 1>does a big Digital index report every now and then.

0:14:03.679 --> 0:14:07.040
<v Speaker 1>It's semi regular, is how I've seen it described. And

0:14:07.080 --> 0:14:09.920
<v Speaker 1>part of it is the State of Mobile Benchmark study.

0:14:10.520 --> 0:14:12.840
<v Speaker 1>And so these were some things that they found in

0:14:12.880 --> 0:14:15.960
<v Speaker 1>their study. They found that tablets drive more web traffic

0:14:16.000 --> 0:14:20.520
<v Speaker 1>than smartphones and may actually be a PC replacement when

0:14:20.520 --> 0:14:23.200
<v Speaker 1>it comes to web consumption. Now it's not that way.

0:14:23.400 --> 0:14:26.640
<v Speaker 1>It's not like they've completely replaced PCs already, but that

0:14:26.800 --> 0:14:29.480
<v Speaker 1>it looks like tablets are poised to take the place

0:14:29.600 --> 0:14:32.080
<v Speaker 1>of PCs when it comes to just browsing the web

0:14:32.480 --> 0:14:35.360
<v Speaker 1>and consuming content for those for those basic functions that

0:14:35.400 --> 0:14:37.920
<v Speaker 1>are you know, and anything more simple than you know,

0:14:38.000 --> 0:14:41.760
<v Speaker 1>complex photo editing or video editing like that. So in general,

0:14:41.800 --> 0:14:45.480
<v Speaker 1>people visit se more web pages per visit on a

0:14:45.520 --> 0:14:48.480
<v Speaker 1>tablet than they do with a smartphone. So, you know,

0:14:48.600 --> 0:14:50.640
<v Speaker 1>that just means that every time you get online with

0:14:50.680 --> 0:14:53.840
<v Speaker 1>a tablet, then you're you're in general, you tend to

0:14:53.880 --> 0:14:55.680
<v Speaker 1>be looking at more web pages than you would be

0:14:55.720 --> 0:14:57.560
<v Speaker 1>if you were using a smartphone at the time. Now,

0:14:57.840 --> 0:15:00.760
<v Speaker 1>it may turn out that people use smartphones more frequently

0:15:00.760 --> 0:15:03.560
<v Speaker 1>than tablets, and so maybe those numbers are a little misleading,

0:15:03.560 --> 0:15:07.040
<v Speaker 1>because if you're using a smartphone a lot throughout the day,

0:15:07.200 --> 0:15:11.400
<v Speaker 1>you may actually visit more web pages accumulatively then you

0:15:11.400 --> 0:15:13.960
<v Speaker 1>would in one visit with the tablet. And and there

0:15:14.000 --> 0:15:16.440
<v Speaker 1>are more smartphones out there in the wild than there

0:15:16.440 --> 0:15:20.280
<v Speaker 1>are tablets. There's absolutely true, there are far more smartphones

0:15:20.320 --> 0:15:23.560
<v Speaker 1>than tablets in the wild, although according to Adobe, tablets

0:15:23.560 --> 0:15:26.720
<v Speaker 1>are still driving more traffic um They said that people

0:15:26.720 --> 0:15:29.880
<v Speaker 1>who use tablets to browse shops are three times more

0:15:29.960 --> 0:15:33.080
<v Speaker 1>likely to buy something than someone on a smartphone. But

0:15:33.560 --> 0:15:36.480
<v Speaker 1>it's probably important now to look at some actual numbers

0:15:36.680 --> 0:15:39.200
<v Speaker 1>because because you said there, like, wow, if I was

0:15:39.280 --> 0:15:41.320
<v Speaker 1>if I'm using a tablet, I'm three times more likely

0:15:41.360 --> 0:15:43.080
<v Speaker 1>to buy something than if I were looking at the

0:15:43.160 --> 0:15:46.760
<v Speaker 1>same content on a smartphone. Hold on their big guy,

0:15:47.800 --> 0:15:50.800
<v Speaker 1>So far, this is where we start talking about conversion,

0:15:50.880 --> 0:15:54.800
<v Speaker 1>converting someone from browsing to buying. That's and that's that action.

0:15:55.000 --> 0:15:57.200
<v Speaker 1>That's that that's that cost per action kind of right

0:15:57.280 --> 0:15:59.000
<v Speaker 1>that we were talking about earlier. Yeah, this is this

0:15:59.040 --> 0:16:01.520
<v Speaker 1>is where we go from hey, that's a pretty pair

0:16:01.560 --> 0:16:04.840
<v Speaker 1>of shoes to hey, I own those shoes now. So

0:16:05.000 --> 0:16:07.560
<v Speaker 1>if you're using a smartphone, it said that there was

0:16:07.600 --> 0:16:11.000
<v Speaker 1>a point seven percent conversion rate, meaning that point seven

0:16:11.040 --> 0:16:13.240
<v Speaker 1>percent of the people shopping on a smartphone would buy

0:16:13.280 --> 0:16:15.880
<v Speaker 1>stuff on a particular on a typical visit. And so

0:16:15.960 --> 0:16:17.920
<v Speaker 1>three times that for for tablets, that would make it

0:16:18.000 --> 0:16:21.000
<v Speaker 1>two point two percent. Yeah, so when we're talking three times,

0:16:21.000 --> 0:16:24.400
<v Speaker 1>we're talking from less than one percent to just over

0:16:24.480 --> 0:16:27.840
<v Speaker 1>two percent. It's not it's not like some overwhelming number.

0:16:28.120 --> 0:16:31.120
<v Speaker 1>But also for PCs, not that impressive. Actually, it's only

0:16:31.120 --> 0:16:33.840
<v Speaker 1>three point three percent for PCs so again this is

0:16:33.880 --> 0:16:36.880
<v Speaker 1>and so this is not actually a method that is

0:16:37.040 --> 0:16:41.360
<v Speaker 1>working on on a particularly calculable level across the field. Yeah,

0:16:41.360 --> 0:16:43.640
<v Speaker 1>and if you look at if you look at just

0:16:43.720 --> 0:16:47.280
<v Speaker 1>the mass number of purchases, it ends up being huge numbers. Right,

0:16:47.320 --> 0:16:50.440
<v Speaker 1>we're talking billions of dollars. But when you're talking when

0:16:50.440 --> 0:16:53.400
<v Speaker 1>you're looking at all of traffic that is going to

0:16:53.480 --> 0:16:57.200
<v Speaker 1>these sites, it's a tiny little percentage. Now, if you

0:16:57.240 --> 0:16:59.520
<v Speaker 1>were to compare that to say, a person who walks

0:16:59.520 --> 0:17:01.840
<v Speaker 1>into an mortar store and how likely they are to

0:17:01.880 --> 0:17:05.000
<v Speaker 1>actually walk out with a purchase, I'm sure the numbers

0:17:05.160 --> 0:17:09.159
<v Speaker 1>are are pathetic. However, way more people can come to

0:17:09.200 --> 0:17:12.359
<v Speaker 1>your website than can come to a typical breaking mortar store. Yeah,

0:17:12.440 --> 0:17:15.159
<v Speaker 1>you know, it's just the physical limitations there means that

0:17:15.280 --> 0:17:17.800
<v Speaker 1>it's a totally different set of numbers. So even though

0:17:17.800 --> 0:17:20.679
<v Speaker 1>it's a small percentage, it may still be a large

0:17:20.880 --> 0:17:23.520
<v Speaker 1>number of people. Sure, that's still I don't know that.

0:17:23.560 --> 0:17:26.679
<v Speaker 1>Nonetheless as to me that that possibly a better system

0:17:26.720 --> 0:17:28.639
<v Speaker 1>could be found. Oh sure, if we can get to

0:17:28.720 --> 0:17:31.280
<v Speaker 1>a point where we are compelled to buy, you know

0:17:31.560 --> 0:17:33.760
<v Speaker 1>that we are punished if we do not buy, and

0:17:33.800 --> 0:17:37.600
<v Speaker 1>that world is coming, I said too much. All right,

0:17:37.680 --> 0:17:41.919
<v Speaker 1>So the leading operating system in the United States mobile

0:17:41.960 --> 0:17:44.159
<v Speaker 1>operating system, I should say in the United States is

0:17:44.920 --> 0:17:49.919
<v Speaker 1>here's a big shock. Yeah, people love their Apple products. Sheep.

0:17:52.880 --> 0:17:55.840
<v Speaker 1>I'm just kidding. I'm just kidding. My wife. My wife

0:17:56.000 --> 0:17:59.119
<v Speaker 1>uses uh an iPad and an iPhone. She loves it.

0:17:59.200 --> 0:18:03.560
<v Speaker 1>I actually really think that iOS devices are amazing. I

0:18:03.640 --> 0:18:06.199
<v Speaker 1>just happen to be an Android user. So while I

0:18:06.320 --> 0:18:08.920
<v Speaker 1>make the joke, I am not one of those people

0:18:08.960 --> 0:18:12.720
<v Speaker 1>who's like Android good, iOS bad, which is which is

0:18:12.760 --> 0:18:15.200
<v Speaker 1>good because because I might we might have to fight. Yeah,

0:18:15.240 --> 0:18:17.840
<v Speaker 1>and I don't want to do that because she's scrappy, y'all.

0:18:17.880 --> 0:18:21.120
<v Speaker 1>I am elbows like knives. Um. But yeah, and that's

0:18:21.119 --> 0:18:24.040
<v Speaker 1>despite the fact that there are more Android devices overall

0:18:24.080 --> 0:18:26.119
<v Speaker 1>available in the market. Oh yeah, sure, by far, I

0:18:26.119 --> 0:18:29.800
<v Speaker 1>mean considering that the iPhone is one device. Yeah, you

0:18:29.840 --> 0:18:33.000
<v Speaker 1>can buy an older iPhone, but it's still one line

0:18:33.040 --> 0:18:36.720
<v Speaker 1>of products, whereas Android comes in all shapes, sizes, flavors,

0:18:36.720 --> 0:18:40.879
<v Speaker 1>and problems. Uh. There's this whole fracturing of the market

0:18:40.920 --> 0:18:43.879
<v Speaker 1>thing that we could talk about, but that's a different podcast. Uh,

0:18:44.040 --> 0:18:47.280
<v Speaker 1>tablet versus smartphone use is not study across the globe.

0:18:47.280 --> 0:18:49.280
<v Speaker 1>I mentioned that earlier that there are some places in

0:18:49.320 --> 0:18:52.399
<v Speaker 1>the world where people prefer to browse on tablets and

0:18:52.400 --> 0:18:54.960
<v Speaker 1>others where they prefer smartphones. So for example, in the UK,

0:18:55.600 --> 0:18:59.879
<v Speaker 1>about people use tablets, so that's the majority there. But

0:19:00.000 --> 0:19:02.760
<v Speaker 1>in China, it's like nine of the people in China

0:19:02.800 --> 0:19:06.560
<v Speaker 1>are using smartphones to browse the web. So so it's

0:19:06.560 --> 0:19:11.320
<v Speaker 1>also hard to create a strategy, a mobile strategy that

0:19:11.440 --> 0:19:14.119
<v Speaker 1>is going to affect the entire globe. First of all,

0:19:14.840 --> 0:19:18.520
<v Speaker 1>being able to do business around the world is problematic too.

0:19:18.960 --> 0:19:21.960
<v Speaker 1>That that's sure, sure, And then that's why companies like

0:19:22.000 --> 0:19:25.919
<v Speaker 1>I think that right now, Google owns more than half

0:19:25.960 --> 0:19:29.359
<v Speaker 1>of the share in the mobile digital ad market across

0:19:29.440 --> 0:19:32.160
<v Speaker 1>the globe. Google. When you think about Google, and we've

0:19:32.200 --> 0:19:35.600
<v Speaker 1>said this before, to Google is not really a search company.

0:19:35.720 --> 0:19:38.800
<v Speaker 1>Google is an online advertising company, right and and they've

0:19:38.840 --> 0:19:42.800
<v Speaker 1>incorporated YouTube into that, and they've incorporated they've incorporated everything

0:19:42.840 --> 0:19:47.560
<v Speaker 1>like tracking, GPS tracking, I mean, there's based upon what

0:19:47.640 --> 0:19:49.359
<v Speaker 1>region you're in. Now, a lot of this is opt in,

0:19:49.560 --> 0:19:53.960
<v Speaker 1>so you're not forced to do it yet the compulsions

0:19:54.000 --> 0:19:57.000
<v Speaker 1>coming people just telling you now, but no, you're not

0:19:57.040 --> 0:19:59.520
<v Speaker 1>forced to do it. But if you do it, then

0:19:59.640 --> 0:20:02.640
<v Speaker 1>you up getting what we call targeted ads. Right. They're

0:20:02.640 --> 0:20:06.480
<v Speaker 1>targeted to you based upon your behaviors, based upon where

0:20:06.480 --> 0:20:10.120
<v Speaker 1>you're from, if if there are more demographic things known

0:20:10.160 --> 0:20:12.440
<v Speaker 1>about you, like your gender and your age, that can

0:20:12.480 --> 0:20:16.159
<v Speaker 1>go into targeted advertising, which I understand for some people

0:20:16.240 --> 0:20:18.719
<v Speaker 1>it's really kind of a creepy idea, this idea that

0:20:18.760 --> 0:20:21.919
<v Speaker 1>the advertisers know more about a lot of privacy issues

0:20:21.920 --> 0:20:24.520
<v Speaker 1>wrapped up in this now personally, and this is this

0:20:24.600 --> 0:20:27.919
<v Speaker 1>is just personally literally, like just as it applies to me,

0:20:28.160 --> 0:20:32.200
<v Speaker 1>I don't apply this to anyone else. I love targeted advertising,

0:20:32.280 --> 0:20:33.679
<v Speaker 1>and the reason why I love it is because I'm

0:20:33.680 --> 0:20:36.840
<v Speaker 1>seeing ads that are really much more relevant to my

0:20:36.960 --> 0:20:39.280
<v Speaker 1>interests and I learned about things I never would have

0:20:39.359 --> 0:20:42.119
<v Speaker 1>known about otherwise, and I love to to be able

0:20:42.160 --> 0:20:45.199
<v Speaker 1>to do that kind of shopping. But I would not

0:20:45.400 --> 0:20:48.679
<v Speaker 1>say that everyone wants to have that exact same experience.

0:20:48.760 --> 0:20:51.480
<v Speaker 1>And there are people who have had very disruptive things

0:20:51.520 --> 0:20:54.600
<v Speaker 1>happened to them because advertisers were able to figure out

0:20:54.640 --> 0:20:58.760
<v Speaker 1>certain life situations and send the messages the unsolicited. Right,

0:20:58.960 --> 0:21:01.720
<v Speaker 1>there's that one horse story of that target girl who

0:21:01.800 --> 0:21:04.200
<v Speaker 1>is living with her parents and target based on her

0:21:04.320 --> 0:21:08.400
<v Speaker 1>purchasing behavior, sent her a congratulations you're having a baby jacket,

0:21:08.560 --> 0:21:10.840
<v Speaker 1>and then her father got all upset targets saying how

0:21:10.920 --> 0:21:12.680
<v Speaker 1>dare you send this to her, and then send another

0:21:12.760 --> 0:21:15.040
<v Speaker 1>lawyer's target saying I'm sorry, I did not realize my

0:21:15.080 --> 0:21:18.320
<v Speaker 1>daughter was pregnant, and boy, yeah, so they're There are

0:21:18.320 --> 0:21:21.480
<v Speaker 1>definitely ways that this this tool can go wrong, all right,

0:21:21.720 --> 0:21:24.160
<v Speaker 1>you know, it can be pretty awkward and pretty invasive.

0:21:24.200 --> 0:21:25.800
<v Speaker 1>At the same time, I do have to say that, yes,

0:21:25.840 --> 0:21:28.360
<v Speaker 1>I agree with you, Jonathan, and I personally am am

0:21:28.400 --> 0:21:31.480
<v Speaker 1>happier when, for example, I've just gone through a terrifyingly

0:21:31.600 --> 0:21:36.159
<v Speaker 1>bad breakup and Facebook is not sending me engagement ring ads.

0:21:36.240 --> 0:21:38.400
<v Speaker 1>That's a that's a great day for me. Yeah, yeah,

0:21:38.600 --> 0:21:42.159
<v Speaker 1>personally I could see that. Okay, that's fair. Uh. The

0:21:42.240 --> 0:21:45.480
<v Speaker 1>last point I have under the trends, this one I

0:21:45.520 --> 0:21:47.840
<v Speaker 1>recommend we all take with a huge grain of salt.

0:21:47.880 --> 0:21:49.800
<v Speaker 1>And the reason is that, like you said Lauren at

0:21:49.800 --> 0:21:51.919
<v Speaker 1>the top of the show, some of the sources we

0:21:52.000 --> 0:21:55.640
<v Speaker 1>have for the information are from companies that have vested

0:21:55.680 --> 0:21:59.440
<v Speaker 1>interest in online advertising, basically all of them, to which

0:21:59.480 --> 0:22:01.760
<v Speaker 1>which makes things a little bit sticky, right because I mean,

0:22:01.800 --> 0:22:04.240
<v Speaker 1>they might be saying, hey, you know, you shouldn't get

0:22:04.240 --> 0:22:07.440
<v Speaker 1>out of desktop advertising because it's going to come back

0:22:07.440 --> 0:22:09.000
<v Speaker 1>in a big way. And it turns out the reason

0:22:09.000 --> 0:22:11.280
<v Speaker 1>why they say this because they have this whole advertising

0:22:11.480 --> 0:22:14.680
<v Speaker 1>strategy that they want to sell you. But in this case,

0:22:14.720 --> 0:22:18.000
<v Speaker 1>there's a company called host Gator which is vested in

0:22:18.440 --> 0:22:22.639
<v Speaker 1>mobile advertising. So again let's let's take the end to consideration.

0:22:23.000 --> 0:22:26.120
<v Speaker 1>But they they say that they figure that mobile will

0:22:26.160 --> 0:22:30.600
<v Speaker 1>overtake fixed internet access by fourteen. So we're recording this,

0:22:31.480 --> 0:22:34.879
<v Speaker 1>which means next year we would see mobile browsing overtake

0:22:35.119 --> 0:22:37.840
<v Speaker 1>Internet browsing, or at least mobile access to the Internet

0:22:37.880 --> 0:22:41.879
<v Speaker 1>overtake fixed access. Now, while that is coming from a

0:22:41.880 --> 0:22:46.359
<v Speaker 1>company that is offering up mobile advertising strategies, it's also

0:22:46.400 --> 0:22:48.920
<v Speaker 1>one of those things that I find easy to believe

0:22:49.160 --> 0:22:52.080
<v Speaker 1>just based upon the trends we've been seeing so far. Now,

0:22:52.119 --> 0:22:54.359
<v Speaker 1>maybe it means that it's not really twenty four teen,

0:22:54.400 --> 0:22:56.119
<v Speaker 1>Maybe it will be a few more years down the

0:22:56.160 --> 0:22:59.240
<v Speaker 1>road before we actually see this happen. But I think

0:22:59.280 --> 0:23:02.240
<v Speaker 1>it is happening right, And you know, whether whether it

0:23:02.359 --> 0:23:06.600
<v Speaker 1>overtakes it or not, it's it's clearly a a functioning

0:23:06.840 --> 0:23:11.120
<v Speaker 1>revenue source um or. Facebook reported that as of Q two,

0:23:11.160 --> 0:23:17.640
<v Speaker 1>of mobile ads made up of its revenue. Yeah, and

0:23:17.680 --> 0:23:19.520
<v Speaker 1>in fact, that was one of those things that when

0:23:19.560 --> 0:23:21.800
<v Speaker 1>Facebook was having its I p O there was a

0:23:21.840 --> 0:23:23.639
<v Speaker 1>little bit of a shake up because Facebook at that

0:23:23.680 --> 0:23:25.639
<v Speaker 1>point had not really figured out how it was going

0:23:25.720 --> 0:23:28.880
<v Speaker 1>to handle the mobile ads part of its of its

0:23:28.880 --> 0:23:33.280
<v Speaker 1>revenue stream. And so they discovered that their um their

0:23:33.480 --> 0:23:37.440
<v Speaker 1>their revenues for one quarter that year were lower than

0:23:37.480 --> 0:23:40.440
<v Speaker 1>what had they had projected. And it was partially because

0:23:40.600 --> 0:23:43.480
<v Speaker 1>everyone was starting to I say everyone, So many people

0:23:43.480 --> 0:23:46.639
<v Speaker 1>were starting to use the Facebook mobile app or or

0:23:46.680 --> 0:23:50.160
<v Speaker 1>just to access Facebook on mobile platform, which again gives

0:23:50.200 --> 0:23:54.120
<v Speaker 1>you a totally different experience than than on a desktop.

0:23:54.920 --> 0:23:57.080
<v Speaker 1>It made it made a lot of investors lose faith

0:23:57.119 --> 0:23:59.080
<v Speaker 1>in them. And in fact, this, this news, this Q

0:23:59.240 --> 0:24:03.440
<v Speaker 1>two news um was basically what preempted the rebound and

0:24:03.480 --> 0:24:07.280
<v Speaker 1>Facebook staff this summer. It shows how powerful mobile really is.

0:24:07.880 --> 0:24:10.000
<v Speaker 1>We have a little bit more to say about ads

0:24:10.000 --> 0:24:19.880
<v Speaker 1>on the go, but first let's take a quick break. Okay,

0:24:20.000 --> 0:24:24.119
<v Speaker 1>so let's talk about some of the challenges about mobile advertising.

0:24:24.160 --> 0:24:26.120
<v Speaker 1>We've touched on some of them already, but we'll we'll

0:24:26.240 --> 0:24:28.880
<v Speaker 1>kind of have to pull them all into this gigantic

0:24:29.400 --> 0:24:34.919
<v Speaker 1>cloud of how do we do this right? So, the

0:24:35.000 --> 0:24:38.320
<v Speaker 1>type of content you consume might depend upon the device

0:24:38.359 --> 0:24:41.400
<v Speaker 1>you're using, because some devices use certain make certain type

0:24:41.400 --> 0:24:44.880
<v Speaker 1>of content easier to access or to consume. For example,

0:24:44.920 --> 0:24:47.359
<v Speaker 1>if a website is in flash, probably you're not looking

0:24:47.400 --> 0:24:50.640
<v Speaker 1>at that on an iOS device anyway. You know, Android

0:24:50.640 --> 0:24:54.640
<v Speaker 1>for a while supported Flash for a while. Um, yeah,

0:24:54.720 --> 0:24:57.680
<v Speaker 1>so you that that's a good example exactly when. I

0:24:57.680 --> 0:24:59.480
<v Speaker 1>don't know about you, Lauren, I don't know how how

0:24:59.520 --> 0:25:02.600
<v Speaker 1>frequently you you will occasion go out to eat at

0:25:02.640 --> 0:25:05.000
<v Speaker 1>some place where you're not really familiar with the menu.

0:25:05.080 --> 0:25:06.920
<v Speaker 1>But if you've ever had the experience where you click

0:25:06.920 --> 0:25:08.639
<v Speaker 1>on the menu thing and then you realize that the

0:25:08.640 --> 0:25:11.199
<v Speaker 1>menu was programmed in flash, you probably have had some

0:25:11.320 --> 0:25:14.160
<v Speaker 1>choice words. I have I have cursed the heavens multiple

0:25:14.200 --> 0:25:18.879
<v Speaker 1>times based on that. Yes, when occurred grasp of hanger,

0:25:19.280 --> 0:25:23.040
<v Speaker 1>which is the combination of being hungry and angry at

0:25:23.080 --> 0:25:26.560
<v Speaker 1>the same time. Lauren and I both suffer from this.

0:25:26.760 --> 0:25:28.320
<v Speaker 1>So you do not want to be in a room

0:25:28.359 --> 0:25:30.480
<v Speaker 1>with us when neither of us have had a snack. Yeah,

0:25:30.560 --> 0:25:32.240
<v Speaker 1>both both of us are are a tiny bit on

0:25:32.280 --> 0:25:36.280
<v Speaker 1>the hypoglycemic end and also have very particular dietary restrictions. Right,

0:25:36.359 --> 0:25:39.720
<v Speaker 1>it makes us really entertaining. The longer our podcast, the

0:25:39.760 --> 0:25:42.359
<v Speaker 1>longer our podcast goes, the more likely we are to

0:25:42.400 --> 0:25:44.760
<v Speaker 1>come to blows, not because we don't like each other,

0:25:44.800 --> 0:25:49.359
<v Speaker 1>but because we're angry. Well, I go into fits of

0:25:49.800 --> 0:25:53.200
<v Speaker 1>rage when I try and access something like a menu

0:25:53.359 --> 0:25:55.960
<v Speaker 1>on on a mobile device. And that's a perfect example

0:25:56.000 --> 0:25:58.880
<v Speaker 1>of how companies have to really take that into account

0:25:58.880 --> 0:26:03.600
<v Speaker 1>when they're designing their their mobile websites or their mobile applications.

0:26:03.960 --> 0:26:06.399
<v Speaker 1>They need to make sure that they are catering to

0:26:06.760 --> 0:26:10.760
<v Speaker 1>a platform that has its own set of advantages and disadvantages,

0:26:10.800 --> 0:26:14.160
<v Speaker 1>things that can and cannot do um. And then there's

0:26:14.240 --> 0:26:17.639
<v Speaker 1>also the concept of content grazing, which makes it even

0:26:17.720 --> 0:26:20.960
<v Speaker 1>more complicated, and that is that is the concept that

0:26:21.119 --> 0:26:24.000
<v Speaker 1>UM that most people when they're on their mobile devices

0:26:24.040 --> 0:26:27.920
<v Speaker 1>are doing multiple other things at the same time, maybe

0:26:27.960 --> 0:26:31.400
<v Speaker 1>watching TV, maybe on their tablet, maybe also checking their

0:26:31.400 --> 0:26:35.199
<v Speaker 1>smartphones simultaneous. Yeah, they might have. Usually it's too at

0:26:35.280 --> 0:26:38.679
<v Speaker 1>least two screens, probably more than two screens for some

0:26:38.760 --> 0:26:43.600
<v Speaker 1>of us, where we are consuming things on multiple platforms

0:26:43.640 --> 0:26:45.280
<v Speaker 1>all at the same time, all of which have their

0:26:45.320 --> 0:26:47.840
<v Speaker 1>own advantages and disadvantages, like I just said, so that

0:26:47.880 --> 0:26:49.679
<v Speaker 1>may or may not be related. You know that. I

0:26:49.680 --> 0:26:51.960
<v Speaker 1>think the hope like that, if you're watching television is

0:26:52.000 --> 0:26:54.200
<v Speaker 1>that you're going to be on your tablet looking up

0:26:54.200 --> 0:26:58.320
<v Speaker 1>extraneous information about that television program. Yeah, but that's not

0:26:58.440 --> 0:27:01.720
<v Speaker 1>necessarily the case, because let me tell you, I have

0:27:01.960 --> 0:27:07.720
<v Speaker 1>frequently watched uh Netflix on my Xbox three sixty. There's

0:27:07.720 --> 0:27:09.840
<v Speaker 1>gonna be a lot of name dropping here because I

0:27:09.840 --> 0:27:13.280
<v Speaker 1>want to just point out how insane I am. So

0:27:13.520 --> 0:27:16.199
<v Speaker 1>I've got my television on, I've got my Xbox sixty on.

0:27:16.200 --> 0:27:18.320
<v Speaker 1>I'm watching Netflix for that, So that's one thing I've

0:27:18.320 --> 0:27:20.679
<v Speaker 1>got going on. Meanwhile, I've got my laptop up and

0:27:20.680 --> 0:27:22.639
<v Speaker 1>I'm in Google Docs so that I can type in

0:27:22.760 --> 0:27:25.040
<v Speaker 1>snarky comments about whatever it is I'm watching, because I'm

0:27:25.040 --> 0:27:27.400
<v Speaker 1>probably doing this for another show I do. So. Then

0:27:27.680 --> 0:27:30.360
<v Speaker 1>I've also got my smartphone there where I'm getting all

0:27:30.400 --> 0:27:33.000
<v Speaker 1>of my status updates from various things because I don't

0:27:33.000 --> 0:27:34.920
<v Speaker 1>want to have too many tabs open on my laptop.

0:27:35.000 --> 0:27:38.040
<v Speaker 1>That slows things down for all the snark. So already

0:27:38.040 --> 0:27:42.280
<v Speaker 1>I've got three screens going. I have a problem, and

0:27:42.320 --> 0:27:45.680
<v Speaker 1>I'm not alone. It turns out the problem right, and

0:27:45.680 --> 0:27:48.360
<v Speaker 1>and and and people say all kinds of different reasons

0:27:48.400 --> 0:27:50.560
<v Speaker 1>for doing this, and and it might be it might

0:27:50.560 --> 0:27:53.520
<v Speaker 1>be that where you just don't want to put down

0:27:53.600 --> 0:27:55.920
<v Speaker 1>all of your feeds, where you have the slight addiction

0:27:56.040 --> 0:27:58.640
<v Speaker 1>to all of the information coming in. Are very kind

0:27:58.680 --> 0:28:01.840
<v Speaker 1>to say slight, yes, but that is that is one.

0:28:01.920 --> 0:28:03.840
<v Speaker 1>There's one where it's just I just want something on

0:28:03.920 --> 0:28:05.879
<v Speaker 1>the background. I just I can't have it be quiet.

0:28:05.920 --> 0:28:07.479
<v Speaker 1>I just have to have something on in the background

0:28:07.480 --> 0:28:09.000
<v Speaker 1>while I'm doing this other thing. And it's not that

0:28:09.040 --> 0:28:11.040
<v Speaker 1>I'm paying any attention to that, but I have to

0:28:11.040 --> 0:28:13.880
<v Speaker 1>have it on right or even that, you know, during

0:28:13.920 --> 0:28:16.920
<v Speaker 1>commercial breaks or if something is if you're having load

0:28:17.040 --> 0:28:20.600
<v Speaker 1>screen issues or something like that, your board exactly that

0:28:20.680 --> 0:28:22.960
<v Speaker 1>your board, and rather than be bored, you want to

0:28:22.960 --> 0:28:25.400
<v Speaker 1>switch your attention to something else to keep you entertained

0:28:25.400 --> 0:28:27.199
<v Speaker 1>what you're waiting for the boring thing to stop. I

0:28:27.200 --> 0:28:30.200
<v Speaker 1>am so guilty of that. That is really that's the

0:28:30.240 --> 0:28:32.840
<v Speaker 1>thing that I'm working on. But yeah, I fall into

0:28:32.880 --> 0:28:35.040
<v Speaker 1>that same sort of category. And We're not alone. There

0:28:35.080 --> 0:28:37.640
<v Speaker 1>are a lot of people, and of course everyone seems

0:28:37.680 --> 0:28:40.720
<v Speaker 1>to think that they are the ideal multitasker, even though

0:28:40.760 --> 0:28:44.600
<v Speaker 1>studies have shown repeatedly that the vast majority portion of

0:28:44.600 --> 0:28:47.600
<v Speaker 1>the population is actually good at multitask like one or

0:28:47.600 --> 0:28:51.360
<v Speaker 1>two percent of the entire population. Right, everyone else is

0:28:51.480 --> 0:28:55.160
<v Speaker 1>lying to themselves, me included, right, right, everyone else. Your

0:28:55.240 --> 0:28:57.840
<v Speaker 1>performance on every individual task you are trying to do

0:28:57.880 --> 0:29:02.680
<v Speaker 1>simultaneously declines for a few people, the supertaskers. This is

0:29:02.720 --> 0:29:05.480
<v Speaker 1>not the case. But if you are wondering if you're

0:29:05.480 --> 0:29:08.160
<v Speaker 1>a supertasker, you're not. I mean, I'm just safe to

0:29:08.200 --> 0:29:12.360
<v Speaker 1>say that statistically speaking. Nope. All right, So, um, there's

0:29:12.400 --> 0:29:15.840
<v Speaker 1>also the idea that we had before about these these

0:29:15.840 --> 0:29:19.120
<v Speaker 1>different screen landscapes, the fact that that websites are laid

0:29:19.160 --> 0:29:21.560
<v Speaker 1>out in a different way depending upon what kind of

0:29:21.640 --> 0:29:24.680
<v Speaker 1>device you're looking at. You know, if you're using a smartphone,

0:29:25.040 --> 0:29:26.719
<v Speaker 1>you're going to get a certain layout. If you get

0:29:26.720 --> 0:29:29.600
<v Speaker 1>a tablet's a different layout. That might be similar to

0:29:29.640 --> 0:29:32.080
<v Speaker 1>the layout you might get from a laptop or desktop,

0:29:32.120 --> 0:29:34.400
<v Speaker 1>but it's still a little different. It's not you know

0:29:34.480 --> 0:29:37.880
<v Speaker 1>that each one is trying to be optimized for the experience,

0:29:37.920 --> 0:29:41.720
<v Speaker 1>because one size does not at all, Like you can't

0:29:41.760 --> 0:29:44.240
<v Speaker 1>have one design of a website and expect that to

0:29:44.280 --> 0:29:47.560
<v Speaker 1>work across all devices. I mean there's a lot of

0:29:47.600 --> 0:29:49.920
<v Speaker 1>variety out there, right especially right Yes, and like like

0:29:49.960 --> 0:29:52.600
<v Speaker 1>we're saying earlier, there are so many different screen sizes

0:29:52.600 --> 0:29:56.080
<v Speaker 1>when you get into Android devices in particular that um

0:29:56.160 --> 0:29:58.840
<v Speaker 1>that it's yeah yeah, so so okay. So so you're

0:29:58.840 --> 0:30:01.080
<v Speaker 1>working with a whole bunch of different device all of

0:30:01.080 --> 0:30:06.000
<v Speaker 1>which are carried by many different wireless operators, working working

0:30:06.080 --> 0:30:11.840
<v Speaker 1>upon many different operating systems from many different locations. Um. So,

0:30:11.840 --> 0:30:15.200
<v Speaker 1>so location based stuff has to be very particular. Um,

0:30:15.880 --> 0:30:19.040
<v Speaker 1>the the the advertisers creating this content may not actually

0:30:19.080 --> 0:30:21.760
<v Speaker 1>be personally using the mobile platforms that they're working with,

0:30:21.840 --> 0:30:24.560
<v Speaker 1>and therefore might not be familiar enough with them to

0:30:24.720 --> 0:30:27.320
<v Speaker 1>really have insight into what will and will work for

0:30:27.320 --> 0:30:31.360
<v Speaker 1>for people. Um And and furthermore, um, you know, this

0:30:31.440 --> 0:30:36.200
<v Speaker 1>is all a new, new issue new as of two thousands,

0:30:36.240 --> 0:30:38.600
<v Speaker 1>I would say, I would say it's still very much

0:30:38.640 --> 0:30:42.520
<v Speaker 1>an emerging technology. I mean it's by now, I think

0:30:42.560 --> 0:30:44.959
<v Speaker 1>from a consumer standpoint, we're looking at and saying this

0:30:45.040 --> 0:30:47.520
<v Speaker 1>is a fairly mature technology. At this point. We're seeing

0:30:47.520 --> 0:30:51.040
<v Speaker 1>we're seeing refinements, but not giant leaps and evolution from

0:30:51.040 --> 0:30:53.719
<v Speaker 1>a consumer standpoint, But on the back end of it,

0:30:53.840 --> 0:30:57.400
<v Speaker 1>the actual creation and delivery of content, it's still like,

0:30:57.600 --> 0:31:01.200
<v Speaker 1>you know, corporations don't move at the speed of consumer merse. Alright,

0:31:01.240 --> 0:31:04.120
<v Speaker 1>So we've covered the fact that mobile advertising is hard.

0:31:04.200 --> 0:31:08.280
<v Speaker 1>You uh, Let's talk about some of the strategies that

0:31:08.440 --> 0:31:12.400
<v Speaker 1>have been applied to mobile advertising. We mentioned one targeted ads,

0:31:12.440 --> 0:31:16.800
<v Speaker 1>specifically targeting your not just your behaviors like what your

0:31:16.960 --> 0:31:20.760
<v Speaker 1>your past browsing habits are, but also your location. If

0:31:20.760 --> 0:31:23.000
<v Speaker 1>you do enable that, Like I said, for most systems,

0:31:23.000 --> 0:31:27.280
<v Speaker 1>it's an opt in situation, so you're not being tracked

0:31:27.840 --> 0:31:29.720
<v Speaker 1>to do it right or you know, in some cases

0:31:29.760 --> 0:31:33.719
<v Speaker 1>it might be an opt out like default on right.

0:31:33.760 --> 0:31:36.640
<v Speaker 1>I much prefer opt in obviously to opt out, just

0:31:36.720 --> 0:31:40.920
<v Speaker 1>because it gives the consumer much more transparent control of

0:31:40.960 --> 0:31:43.600
<v Speaker 1>what is going on with their data. But yes, you

0:31:43.680 --> 0:31:47.160
<v Speaker 1>in those cases, you will have the ability to reach

0:31:47.240 --> 0:31:51.080
<v Speaker 1>people and give them ads that are at least have

0:31:51.160 --> 0:31:53.440
<v Speaker 1>a probability of being more relevant to them than just

0:31:53.640 --> 0:31:57.360
<v Speaker 1>and you know, an ad from a database of sponsors.

0:31:58.880 --> 0:32:02.840
<v Speaker 1>Also video, it's a big, big deal with mobile advertising

0:32:02.880 --> 0:32:06.320
<v Speaker 1>and mobile platforms because since people aren't necessarily paying, you know,

0:32:06.360 --> 0:32:10.120
<v Speaker 1>they're they're not necessarily reading really in depth articles about

0:32:10.120 --> 0:32:12.240
<v Speaker 1>stuff on their mobile platforms. They might be watching a

0:32:12.280 --> 0:32:14.960
<v Speaker 1>quick video or listening to something. Yeah, there's a lot

0:32:15.080 --> 0:32:18.840
<v Speaker 1>more of video consumption on mobile platforms. Uh. And you know,

0:32:18.920 --> 0:32:22.680
<v Speaker 1>I remember a few years ago when the the cellular

0:32:22.720 --> 0:32:25.800
<v Speaker 1>speeds weren't really good enough to give a very good

0:32:26.240 --> 0:32:29.800
<v Speaker 1>experience for video, and I was thinking like that, this

0:32:29.960 --> 0:32:31.840
<v Speaker 1>is never going to take off. But of course, once

0:32:31.840 --> 0:32:34.600
<v Speaker 1>those speeds got better, and once the processors got better

0:32:34.600 --> 0:32:36.800
<v Speaker 1>and the battery life got better on these devices, it

0:32:36.840 --> 0:32:41.160
<v Speaker 1>became a viable uh thing, a viable feature. And so

0:32:41.280 --> 0:32:45.080
<v Speaker 1>a lot of web content creators are making a slow

0:32:45.160 --> 0:32:48.239
<v Speaker 1>move from traditional web content that you might think of

0:32:48.280 --> 0:32:50.800
<v Speaker 1>as a uh, you know, a database of articles, and

0:32:50.840 --> 0:32:54.640
<v Speaker 1>start to create more video content. Uh. And that's in

0:32:54.720 --> 0:32:57.640
<v Speaker 1>part because that's the kind of content that people are

0:32:57.800 --> 0:33:00.280
<v Speaker 1>seeking out. It's the it's easy to consume in these

0:33:00.320 --> 0:33:06.720
<v Speaker 1>mobile platforms. And it doesn't mean that the content quality changes,

0:33:06.920 --> 0:33:11.480
<v Speaker 1>it just the actual delivery of it changes. So you

0:33:11.760 --> 0:33:16.600
<v Speaker 1>then have a move to start inserting video ads into things.

0:33:16.680 --> 0:33:19.040
<v Speaker 1>But even that gets a little tough. I mean, depending

0:33:19.120 --> 0:33:22.800
<v Speaker 1>upon what you're using as a way of delivering video

0:33:22.880 --> 0:33:26.400
<v Speaker 1>to your consumer. For example, if you're using YouTube, YouTube

0:33:26.520 --> 0:33:30.960
<v Speaker 1>allows people to serve ads against their content, and if

0:33:31.000 --> 0:33:33.840
<v Speaker 1>you do that, then you get a certain percentage of

0:33:33.880 --> 0:33:37.520
<v Speaker 1>the ad revenue and Google gets the rest right. And

0:33:37.560 --> 0:33:40.479
<v Speaker 1>it's not an insignificant amount that Google gets, No, Google,

0:33:40.520 --> 0:33:43.120
<v Speaker 1>Google gets a significant amount of that, you know, depending

0:33:43.200 --> 0:33:45.600
<v Speaker 1>upon I don't know if all the agreements are the

0:33:45.600 --> 0:33:48.680
<v Speaker 1>same across all content creators. I imagine that there are

0:33:48.720 --> 0:33:51.600
<v Speaker 1>different ones, but at any rate, Google does take a

0:33:51.600 --> 0:33:54.480
<v Speaker 1>cut of that. And on top of that, Google also

0:33:54.520 --> 0:33:58.080
<v Speaker 1>has an algorithm where you can sometimes skip an AD.

0:33:58.120 --> 0:34:00.800
<v Speaker 1>If you've ever watched a YouTube video in five seconds,

0:34:01.800 --> 0:34:05.920
<v Speaker 1>So skipping that ad, I suspect impacts how much money

0:34:06.040 --> 0:34:09.240
<v Speaker 1>the the person who has that content will receive because

0:34:09.280 --> 0:34:11.680
<v Speaker 1>you've you've just allowed the user to skip it. Why

0:34:11.719 --> 0:34:14.520
<v Speaker 1>does Google do this, Well, it's for user experience, you know.

0:34:14.600 --> 0:34:17.319
<v Speaker 1>They It's it's this idea that by doing this, you

0:34:17.440 --> 0:34:21.840
<v Speaker 1>keep user satisfaction up. And uh, the algorithm is designed

0:34:21.880 --> 0:34:24.799
<v Speaker 1>so that there are certain times when you are not

0:34:24.880 --> 0:34:26.600
<v Speaker 1>going to be allowed to skip an AD. And it

0:34:26.640 --> 0:34:31.080
<v Speaker 1>doesn't necessarily mean that that particular AD is different from another,

0:34:31.160 --> 0:34:34.440
<v Speaker 1>It's just that the algorithm has lined it up that way. Um,

0:34:34.520 --> 0:34:36.399
<v Speaker 1>there are other ties where I guess there are ad

0:34:36.400 --> 0:34:38.719
<v Speaker 1>deals where no matter what, you're never able to skip it,

0:34:38.760 --> 0:34:42.240
<v Speaker 1>because I've I've seen some ads that didn't it didn't

0:34:42.239 --> 0:34:44.160
<v Speaker 1>matter why video I was watching, that ad was going

0:34:44.200 --> 0:34:47.040
<v Speaker 1>to play all the way through every time. Um, So

0:34:47.280 --> 0:34:50.840
<v Speaker 1>these deals are complicated. There's no one size fits all approach,

0:34:51.000 --> 0:34:54.799
<v Speaker 1>even with YouTube, and that's just one delivery system. Now

0:34:54.800 --> 0:34:56.600
<v Speaker 1>there are other ones that are out there on the web,

0:34:56.640 --> 0:34:59.560
<v Speaker 1>but YouTube is just one of those that's incredibly well known.

0:35:00.320 --> 0:35:03.640
<v Speaker 1>Right on top of that, you have social platform ads.

0:35:03.680 --> 0:35:06.480
<v Speaker 1>So this is using stuff like Twitter and Facebook to

0:35:06.960 --> 0:35:11.120
<v Speaker 1>kind of advertise, so you know, sponsored tweets where you'll

0:35:11.239 --> 0:35:13.719
<v Speaker 1>look at your Twitter feed and you're like, I'm not

0:35:13.800 --> 0:35:16.279
<v Speaker 1>following Burger King, Yeah, why am I seeing this? And

0:35:16.320 --> 0:35:19.000
<v Speaker 1>it's because it's a promoted tweet that that the company

0:35:19.000 --> 0:35:21.440
<v Speaker 1>in this case Burger King has paid so that you

0:35:21.480 --> 0:35:24.360
<v Speaker 1>will know that their latest version of the Whopper is

0:35:24.400 --> 0:35:28.160
<v Speaker 1>available or whatever, and so you'll you know, you'll see

0:35:28.160 --> 0:35:32.480
<v Speaker 1>that because it's been promoted into Twitter. Um. That's one way.

0:35:32.560 --> 0:35:35.359
<v Speaker 1>Another is a course on platforms like Facebook where you'll

0:35:35.400 --> 0:35:37.719
<v Speaker 1>see those ads that are maybe along the right rail

0:35:37.840 --> 0:35:41.280
<v Speaker 1>or occasionally you'll see sponsored inline. Yeah, you'll see sponsored

0:35:41.280 --> 0:35:44.440
<v Speaker 1>stuff pop up in your feed, and again that stuff

0:35:44.480 --> 0:35:47.000
<v Speaker 1>that companies have paid for and and in this case

0:35:47.680 --> 0:35:50.759
<v Speaker 1>that also tends to be run through some algorithms, so

0:35:50.800 --> 0:35:55.280
<v Speaker 1>that the ads that you see, Lauren are probably different

0:35:55.320 --> 0:35:58.440
<v Speaker 1>from the ads that I see. Before we finish up

0:35:58.440 --> 0:36:00.680
<v Speaker 1>with ads on the go, it's time for or well

0:36:01.239 --> 0:36:11.640
<v Speaker 1>an ad, let's take a quick break. I imagine that

0:36:11.680 --> 0:36:16.560
<v Speaker 1>you get fewer ads for my aforementioned example, engagement rings

0:36:16.560 --> 0:36:19.400
<v Speaker 1>than I do because I'm female and therefore I'm clearly

0:36:19.440 --> 0:36:23.320
<v Speaker 1>interested in receiving a diamond from somebody. And I'm married,

0:36:23.480 --> 0:36:25.840
<v Speaker 1>so if I start shopping for engagement rings, I'm going

0:36:25.880 --> 0:36:30.480
<v Speaker 1>to have some serious questions to answer. Also, yeah, it's

0:36:30.520 --> 0:36:33.640
<v Speaker 1>also based upon your browsing habits. I know this because

0:36:33.640 --> 0:36:37.440
<v Speaker 1>I was recently looking at a costume piece. I was

0:36:37.480 --> 0:36:40.759
<v Speaker 1>looking for a specific costume piece, and I went to

0:36:40.880 --> 0:36:44.799
<v Speaker 1>several different websites looking for this variations on this costume piece,

0:36:44.840 --> 0:36:46.839
<v Speaker 1>and then I went up back over to Facebook and

0:36:46.920 --> 0:36:49.720
<v Speaker 1>lo and behold, one of the things I was looking

0:36:49.719 --> 0:36:51.920
<v Speaker 1>for was right there in the right rail with the

0:36:51.960 --> 0:36:55.359
<v Speaker 1>other ads. So it was going beyond just my uh

0:36:55.680 --> 0:36:58.240
<v Speaker 1>my experience on Facebook. It was looking at my browsing

0:36:58.280 --> 0:37:04.920
<v Speaker 1>history fun times. So um. It does then filter the

0:37:05.040 --> 0:37:07.400
<v Speaker 1>various ads that you could get and goes with the

0:37:07.400 --> 0:37:09.839
<v Speaker 1>ones that you are most likely to find relevant based

0:37:09.880 --> 0:37:12.440
<v Speaker 1>upon your behaviors and what you've liked in the past.

0:37:12.960 --> 0:37:16.279
<v Speaker 1>And it may very well be that perhaps that that

0:37:16.480 --> 0:37:19.359
<v Speaker 1>ad I saw isn't related to my browsing history. Maybe

0:37:19.440 --> 0:37:22.200
<v Speaker 1>I liked something in the past that brought it up.

0:37:22.239 --> 0:37:24.719
<v Speaker 1>That's quite possible because it was just a coincidence that

0:37:24.760 --> 0:37:26.920
<v Speaker 1>you that you noticed because your brain had been on

0:37:26.960 --> 0:37:29.880
<v Speaker 1>that exactly exactly. It could very well be a coincidence.

0:37:29.920 --> 0:37:33.600
<v Speaker 1>I'm not totally on the this is the cause and

0:37:33.640 --> 0:37:38.799
<v Speaker 1>this is the effect bandwagon. I'm just so um. But

0:37:38.840 --> 0:37:42.120
<v Speaker 1>then there's also the suggestion that content creators have to

0:37:42.120 --> 0:37:44.120
<v Speaker 1>find ways to make the stuff they generate easy to

0:37:44.160 --> 0:37:47.000
<v Speaker 1>consume on mobile devices, and it has to be engaging

0:37:47.000 --> 0:37:50.000
<v Speaker 1>and optimized, and then that means that it needs to

0:37:50.120 --> 0:37:53.160
<v Speaker 1>be snack sized, kind of like we were saying with

0:37:53.200 --> 0:37:56.360
<v Speaker 1>more content moving to video. This this is this is similar.

0:37:56.400 --> 0:37:57.960
<v Speaker 1>This say is you know, if you do have an article,

0:37:58.000 --> 0:38:01.480
<v Speaker 1>have it something that someone can consume easily and quickly

0:38:01.760 --> 0:38:04.480
<v Speaker 1>while they're on a mobile tablet, mobile platform, it might

0:38:04.520 --> 0:38:07.239
<v Speaker 1>be a paragraph as opposed to an article. It might

0:38:07.480 --> 0:38:10.560
<v Speaker 1>you know, you'll see a lot of things like images,

0:38:10.600 --> 0:38:15.120
<v Speaker 1>slide shows, You'll see um, you know, quick quick things.

0:38:15.200 --> 0:38:17.520
<v Speaker 1>Because the idea is that no one wants to sit

0:38:18.080 --> 0:38:21.160
<v Speaker 1>and read an in depth article on a mobile platform,

0:38:21.280 --> 0:38:23.200
<v Speaker 1>or at least that that's not what the majority wants

0:38:23.239 --> 0:38:24.759
<v Speaker 1>to do. Because as soon as I say that, I'm

0:38:24.760 --> 0:38:26.520
<v Speaker 1>going to get a lot of people writing and saying

0:38:26.560 --> 0:38:29.399
<v Speaker 1>I love reading along articles on my mobile device. I'm

0:38:29.440 --> 0:38:31.399
<v Speaker 1>one of them. I write the train all the time,

0:38:31.480 --> 0:38:34.600
<v Speaker 1>so I'll read. I read books on my phone sometimes,

0:38:34.880 --> 0:38:38.040
<v Speaker 1>but I'll also read you know, really long pieces written

0:38:38.040 --> 0:38:43.560
<v Speaker 1>in various uh publications, So I'm outside the norm. They're

0:38:43.960 --> 0:38:48.120
<v Speaker 1>like I am, with lots of things. I can't help it. Uh.

0:38:48.160 --> 0:38:51.319
<v Speaker 1>And then also there's the chance of seeing more sponsored

0:38:51.440 --> 0:38:54.239
<v Speaker 1>content on mobile platforms. So in this case, you might

0:38:54.320 --> 0:38:57.560
<v Speaker 1>see a site or an article brought to you by

0:38:57.680 --> 0:39:00.360
<v Speaker 1>something if I fill in the blank, yeah, espe Actually,

0:39:00.360 --> 0:39:03.239
<v Speaker 1>if it's something that's related to whatever the content of

0:39:03.280 --> 0:39:06.439
<v Speaker 1>that like if it's a blog that's about a specific thing,

0:39:07.200 --> 0:39:10.640
<v Speaker 1>like a specific subculture or specific like it's you know,

0:39:10.640 --> 0:39:13.520
<v Speaker 1>a movie commentary or whatever. You could imagine that that

0:39:13.560 --> 0:39:16.760
<v Speaker 1>would be sponsored by a company that's related to that subject.

0:39:17.360 --> 0:39:21.200
<v Speaker 1>And um, I mean obviously that also means that you

0:39:22.040 --> 0:39:27.080
<v Speaker 1>have examples of editorial content and then there's advertorial content

0:39:27.120 --> 0:39:29.920
<v Speaker 1>where it's kind of that mixed between advertisement and editorial,

0:39:30.360 --> 0:39:33.480
<v Speaker 1>and then there's just ads. It does mean that there's

0:39:33.719 --> 0:39:35.520
<v Speaker 1>there's a lot more navigation needed on the part of

0:39:35.560 --> 0:39:39.279
<v Speaker 1>the user if they're if they're out for something specific. Sure,

0:39:39.360 --> 0:39:41.440
<v Speaker 1>that's that's actually a huge problem for me while I'm

0:39:41.440 --> 0:39:44.319
<v Speaker 1>while I'm researching especially topics like this that, um that

0:39:44.480 --> 0:39:49.560
<v Speaker 1>it's hard to tell sometimes whether articles from from some

0:39:49.680 --> 0:39:54.120
<v Speaker 1>of these marketing companies, yeah, are are just advertising around

0:39:54.160 --> 0:39:58.279
<v Speaker 1>services or if they're making a valid point, right, I

0:39:58.640 --> 0:40:00.600
<v Speaker 1>think that it's hard to say what the future will

0:40:00.640 --> 0:40:02.960
<v Speaker 1>be of this kind of thing. Um, I mean, obviously

0:40:03.040 --> 0:40:05.279
<v Speaker 1>mobile is going to play a huge part, so we

0:40:05.680 --> 0:40:08.360
<v Speaker 1>know that the question is, you know, people are trying

0:40:08.360 --> 0:40:13.040
<v Speaker 1>to innovate new ways of putting ad content into into

0:40:13.040 --> 0:40:16.560
<v Speaker 1>our our browsing experiences that is going to be um

0:40:16.880 --> 0:40:20.640
<v Speaker 1>less disruptive and and more natural and and just work

0:40:20.640 --> 0:40:23.560
<v Speaker 1>out better for everybody. You know. It's certainly nobody wants

0:40:23.600 --> 0:40:25.959
<v Speaker 1>the user to have a bad experience. That's not going

0:40:26.000 --> 0:40:28.799
<v Speaker 1>to make someone more likely to buy a product. But

0:40:28.800 --> 0:40:31.759
<v Speaker 1>at the same time, if there's not this support, then

0:40:31.800 --> 0:40:33.719
<v Speaker 1>the people who are creating the content have to find

0:40:33.760 --> 0:40:37.000
<v Speaker 1>other ways of making money because, you know, while there's

0:40:37.000 --> 0:40:39.480
<v Speaker 1>going to be some content created for free on the

0:40:39.520 --> 0:40:42.800
<v Speaker 1>Internet by people who are just very passionate about whatever

0:40:42.840 --> 0:40:45.560
<v Speaker 1>it is they're doing, the reality is if you want

0:40:45.600 --> 0:40:47.400
<v Speaker 1>to make a living at it, then someone has to

0:40:47.440 --> 0:40:51.160
<v Speaker 1>pay somewhere. Because we're not we haven't reached a point

0:40:51.160 --> 0:40:55.280
<v Speaker 1>where I can release a podcast in return for a sandwich.

0:40:57.160 --> 0:40:59.480
<v Speaker 1>I don't. I shouldn't say that because next thing I know,

0:41:00.040 --> 0:41:02.359
<v Speaker 1>I could be brought in for my annual review would say,

0:41:02.360 --> 0:41:06.879
<v Speaker 1>so here, you want to be paid in sandwiches? Um?

0:41:06.920 --> 0:41:09.040
<v Speaker 1>I think. I think that's how money works. In fact,

0:41:09.080 --> 0:41:11.719
<v Speaker 1>you can buy as many sandwiches as you want. Can

0:41:11.760 --> 0:41:14.640
<v Speaker 1>I buy other things besides sandwiches? I suppose you could.

0:41:14.680 --> 0:41:18.880
<v Speaker 1>I'm sold on this money idea. UM. There. For example,

0:41:18.920 --> 0:41:21.239
<v Speaker 1>while I was doing research for this podcast, I ran

0:41:21.280 --> 0:41:25.680
<v Speaker 1>across a study done by a CEO of a app

0:41:25.719 --> 0:41:28.600
<v Speaker 1>called pocket Change, and pocket Change is an apple lets

0:41:28.600 --> 0:41:33.000
<v Speaker 1>you earn points for activity on other apps. So wow,

0:41:33.040 --> 0:41:36.279
<v Speaker 1>it's a meta app. Yeah yeah, um so, so you know,

0:41:36.360 --> 0:41:39.600
<v Speaker 1>you'll you'll go and you know, for for the number

0:41:39.640 --> 0:41:43.040
<v Speaker 1>of pages that you browse, are the number of candies

0:41:43.120 --> 0:41:45.520
<v Speaker 1>that you crush? I don't know what that is, you know,

0:41:45.600 --> 0:41:48.160
<v Speaker 1>et cetera. Um, you you'll earn points that you can

0:41:48.200 --> 0:41:51.320
<v Speaker 1>exchange for rewards and and so it's a it's another

0:41:51.360 --> 0:41:54.720
<v Speaker 1>form of advertising. And um so in this way, what

0:41:54.719 --> 0:41:58.440
<v Speaker 1>what this app is doing is encouraging your engagement with

0:41:58.560 --> 0:42:02.359
<v Speaker 1>other apps and other services, and in return, you get

0:42:02.400 --> 0:42:04.560
<v Speaker 1>rewarded for it, similar to the way that you earned

0:42:04.680 --> 0:42:09.239
<v Speaker 1>might reward points on a credit card. That's ingenious. That

0:42:09.440 --> 0:42:12.760
<v Speaker 1>is incredible, I honestly when I was doing my research,

0:42:12.800 --> 0:42:17.560
<v Speaker 1>and that's such a simple, elegant way of encouraging people

0:42:17.560 --> 0:42:21.279
<v Speaker 1>to consumeth do what you want to do, and right like,

0:42:21.320 --> 0:42:23.480
<v Speaker 1>here are the things that's going to help you earn points,

0:42:24.080 --> 0:42:26.680
<v Speaker 1>and you know, and hopefully along the way, you are

0:42:26.719 --> 0:42:30.960
<v Speaker 1>going to enjoy whatever that particular content is. Obviously some

0:42:31.000 --> 0:42:33.680
<v Speaker 1>people would just be playing just to accumulate points, but

0:42:33.920 --> 0:42:36.360
<v Speaker 1>the hope is, of course that they're doing going beyond

0:42:36.400 --> 0:42:38.560
<v Speaker 1>that and they're actually consuming what it is that people

0:42:38.560 --> 0:42:42.000
<v Speaker 1>are creating right right. Microsoft has started doing a vaguely

0:42:42.040 --> 0:42:44.160
<v Speaker 1>similar thing with some of their Microsoft Points. You can

0:42:44.200 --> 0:42:48.000
<v Speaker 1>you can earn points by by playing games or by

0:42:48.040 --> 0:42:50.520
<v Speaker 1>downloading new games, and um, and I'm not sure what

0:42:50.600 --> 0:42:54.120
<v Speaker 1>you can exchange those points for right now exactly because

0:42:54.120 --> 0:42:56.719
<v Speaker 1>I've earned a grand total of zero of them. But

0:42:57.120 --> 0:43:01.840
<v Speaker 1>Lauren's an overachiever, and and you know that's not mobile.

0:43:01.840 --> 0:43:03.880
<v Speaker 1>But but I think that this is that kind of

0:43:03.920 --> 0:43:07.479
<v Speaker 1>gamification is something that people are starting to think about doing.

0:43:07.800 --> 0:43:10.880
<v Speaker 1>I can see that. Yeah, so there are some creative

0:43:10.920 --> 0:43:14.239
<v Speaker 1>ways that people are exploring to try and and and

0:43:14.280 --> 0:43:19.120
<v Speaker 1>generate money using the mobile platform experience. Because again, the

0:43:19.120 --> 0:43:22.480
<v Speaker 1>the traditional one we've talked about is becoming less relevant

0:43:22.560 --> 0:43:25.440
<v Speaker 1>over time. It's not like it's irrelevant now, it's not.

0:43:26.040 --> 0:43:30.200
<v Speaker 1>It's just it's just slowly declining or it maybe maybe

0:43:30.200 --> 0:43:32.360
<v Speaker 1>declines even the wrong word, but starting to plateau, and

0:43:32.360 --> 0:43:35.160
<v Speaker 1>then it looks like it's going to decline. So the

0:43:35.200 --> 0:43:37.640
<v Speaker 1>writings on the wall really people have to find other

0:43:37.719 --> 0:43:41.360
<v Speaker 1>ways of making this work or else entire companies could

0:43:41.480 --> 0:43:46.040
<v Speaker 1>end up having to either restructure drastically or even go

0:43:46.120 --> 0:43:51.319
<v Speaker 1>away because they cannot do business. Yeah. So, um, you know,

0:43:51.400 --> 0:43:54.279
<v Speaker 1>and and you know it's it's It'll be interesting to

0:43:54.280 --> 0:43:57.239
<v Speaker 1>see how it plays out. I'm sure that solutions will

0:43:57.280 --> 0:44:01.840
<v Speaker 1>be proposed, implemented, discarded, and refined. We're gonna see it.

0:44:01.840 --> 0:44:04.799
<v Speaker 1>It's never going to be a super clean process that

0:44:04.880 --> 0:44:07.480
<v Speaker 1>you can point from the beginning to the end and

0:44:07.520 --> 0:44:09.960
<v Speaker 1>say and here's the story. It's gonna be complex and

0:44:10.000 --> 0:44:13.319
<v Speaker 1>messy because that's kind of how humans are. But I

0:44:13.400 --> 0:44:17.440
<v Speaker 1>do think that we will crack this somehow where it's

0:44:17.480 --> 0:44:19.480
<v Speaker 1>going to be the kind of experience where no one

0:44:19.600 --> 0:44:22.040
<v Speaker 1>is going to be feeling like it was, you know,

0:44:22.280 --> 0:44:25.080
<v Speaker 1>like like you're being punished for browsing the web. That

0:44:25.200 --> 0:44:28.920
<v Speaker 1>that obviously would be the wrong message to show, because

0:44:29.360 --> 0:44:32.000
<v Speaker 1>like you said, Lauren, I'm not likely to buy something

0:44:32.080 --> 0:44:35.359
<v Speaker 1>if I'm irritated at my experience. But if it's an

0:44:35.360 --> 0:44:40.040
<v Speaker 1>experience that is entertaining, it's compelling, I'm feeling rewarded, then

0:44:40.400 --> 0:44:44.399
<v Speaker 1>I'm much more likely to buy something or to look

0:44:44.440 --> 0:44:49.520
<v Speaker 1>at a particular vendor services. So it's just making that work.

0:44:50.000 --> 0:44:52.120
<v Speaker 1>You know, it sounds like a simple idea, but making

0:44:52.120 --> 0:44:56.440
<v Speaker 1>it work in practice is a complex process. Well excited

0:44:56.480 --> 0:44:58.359
<v Speaker 1>to see where it goes me too, because you know,

0:44:58.560 --> 0:45:01.440
<v Speaker 1>I lax my smartphone, and I lacks my tablets and

0:45:01.440 --> 0:45:04.680
<v Speaker 1>I lacks my laptops. Also like having a job. That's

0:45:04.760 --> 0:45:08.040
<v Speaker 1>also good. Yes, considering that the way we work is

0:45:08.160 --> 0:45:11.520
<v Speaker 1>very much dependent upon this. Uh yeah, it's it's important

0:45:11.520 --> 0:45:14.120
<v Speaker 1>to us on a personal level. There's no getting around that.

0:45:14.320 --> 0:45:18.239
<v Speaker 1>And no, we love it. So please help us, help

0:45:18.280 --> 0:45:22.000
<v Speaker 1>us solve this. And that wraps up this classic episode

0:45:22.040 --> 0:45:25.080
<v Speaker 1>of tech Stuff. I hope you guys enjoyed that. Listen

0:45:25.160 --> 0:45:28.680
<v Speaker 1>to an oldie, but a goodie. It is amazing for

0:45:28.719 --> 0:45:31.759
<v Speaker 1>me to think about something from seven years ago and

0:45:31.760 --> 0:45:35.279
<v Speaker 1>then realize that that's only about halfway through the run

0:45:35.320 --> 0:45:38.120
<v Speaker 1>of tech Stuff. But we're gonna keep on going through

0:45:38.239 --> 0:45:41.200
<v Speaker 1>and also giving you new episodes of tech Stuff on

0:45:41.239 --> 0:45:43.960
<v Speaker 1>that subject. If you have a suggestion for an episode,

0:45:44.239 --> 0:45:46.920
<v Speaker 1>send it to me via Twitter. The handle is text

0:45:46.920 --> 0:45:49.680
<v Speaker 1>stuff H s W and I'll talk to you again

0:45:50.200 --> 0:45:58.400
<v Speaker 1>really soon. Tex Stuff is an I Heart Radio production.

0:45:58.640 --> 0:46:01.759
<v Speaker 1>For more podcasts from Heart Radio, visit the I Heart

0:46:01.840 --> 0:46:05.000
<v Speaker 1>Radio app, Apple Podcasts, or wherever you listen to your

0:46:05.040 --> 0:46:10.320
<v Speaker 1>favorite shows. H