this post was submitted on 09 Sep 2024
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What if we just got rid of digital advertising altogether in the US? How many issues of privacy, health and personal finance would disappear or be greatly reduced?
It's hard for me to imagine what that would look like or the downsides other than to the digital advertising industry itself.
Advertising plays an important role in the sale of digital goods and the physical sale of goods through digital means. It's the only way you can really drive traffic to unknown markets.
Without advertising You're going to be relying on YouTube videos or Google Play store or Apple store to get any sales. Any free online services would probably be a thing of the past. Small businesses would have trouble competing with larger entities can already put products in your face.
It's not impossible to remove digital advertising and replace it with something else but I'm pretty sure the something else would be worse than what we have already
Not only that, but advertising pays the bills for the majority of websites. It's a necessary evil unless people want to pay every website host to see their content.
I'm not sure how true this perception is in more recent years. Many popular sites, with enormous traffic volumes that could drive digital impression ad revenue, are instead pushing subscriptions or other monetization models.
For instance, the New York Times makes — by far — more money on digital subscriptions than digital advertising. Digital advertising revenues are also declining for them.
Another example is Spotify, where ad revenue from their ad-supported tier did not cover their operational costs and now represents around only a tenth of their revenue compared to subscriptions.
The exceptions to this are generally search and social media sites, where the product for sale on these sites are the users themselves. They're just advertising platforms, which of course make their money from digital advertising.
So I'd say one issue with digital advertising is that it often does not pay the bills for the site owner. Its value is tied to its ability to convert visitors to buyers, but it has to be ramped up to such an extreme level it instead only creates bad experiences.
I should have phrased it, helps pay the bills. For the end user if you don't want to pay a monetary fee, then ads are the option. I would never go to some pages if I had to have a subscription to view content, and i assume many others wouldn't either. Ads, as gross as they are, keep the Internet running for now