Click Economics: The Last Click

October 10, 2009 by: admin

Sorta an old post that I forgot to publish until today! Having the site closed to new members has given me time to start working through a few of my almost done posts that were never published yet. It’s hard to have time to do everything while growing a few businesses. ;)

Media has traditionally been afforded a wall between editorial and advertising due to limited marketplace competition. But, as Jim Spanfeller stated, the perception of value in “last click marketing” where search gets most of the credit for the entire demand creation and fulfillment cycle, is killing the value of online content:

A publisher can and should price their inventory at levels that will meet the market expectations and drive their business model. What they should not do is allow some sort of invisible hand (or should I say hands) to price their inventory against a backdrop of objectives that can and often does change at a moment’s notice. This practice has fundamentally driven pricing down across the web and, perhaps more importantly, changed the success metrics from ones based on “demand creation” to ones driven by “demand fulfillment.”

Worse yet, the leading metrics most closely track how the poorest members of society interact with media, creating a media ecosystem designed to exploit the poor. The above linked article states “we now know that 16% of web users generate 80% of clicks and that this 16% represents the lower income and education segments of the total user base.”

It may have cost Google 1 day of revenues to create the default analytics tool, which by default has a last click wins behavior that few people know how to edit.

Google’s web domination is so impressive that experienced and well trained journalists writing for publications like Wired mistake Google’s mission statement as the goal of the web. Literally

The Internet’s great promise is to make the world’s information universally accessible and useful. So how come when you arrive at the most popular dating site in the US you find a stream of anonymous come-ons intermixed with insults, ads for prostitutes, naked pictures, and obvious scams?

Gary Wolf should know that was actually Google’s mission statement, not the goal of the web. ;)

Sure data mining and sentiment analysis can be parts of the web, but the best bits are often scattered messes and weird stuff we accidentally bump into.

Related posts:

  1. Which Mobile OS Draws the Highest Click-Throughs?
  2. Landing Pages with 74% Click-Thru-Rates. Believe it!!…
  3. Botnets Driving Click fraud Traffic
  4. Google Confirms Higher Click Through Rate As Result of Ads Position To Free Listings
  5. Facebook Pages to Get Click Through Rates
  6. Forbes.com CEO Thinks Publishers are Killing Web Ad Potential
  7. ePN Quality Click Pricing QCP Affiliate Intent Target!
  8. 3 Tips To Understand and Succeed with ePN Quality Click Pricing!
  9. How to override Google Analytics “last click wins” behaviour
  10. Milestone Said to Be Reached in War on Click Fraud
  11. IAB Rolls Out Click Measurement Guidelines
  12. Click Fraud Rate Declines In Q1

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