The Internet Consumer
David Fishman
Large
consumer debt problems, outsourced work forces, and search
engine wars are three distinct industry trends we have
discussed over the pass few weeks. Lets explore briefly how
these trends are connected to each other and to the online
advertising community at large. They are all connected
through various economic forces.
The
driving force behind any strong economy is the buying power
of its public. The consumer’s health and ability to purchase
products and goods will build or deteriorate the strength of
that economy. If a consumer is deeply in debt they will
hopefully become pro active and look for a way to dig
themselves out of that debt. An extremely accessible way to
research choices and solutions for debt problems is to use
the Internet to either search for fast cash or jobs. The
Internet has opened up the doors for anyone to find ways to
help themselves find solutions to long term or immediate
debt problems. The fact that there are millions of people
deeply in debt in the United States means the opportunity to
advertise jobs and products that appeal to people who do not
have a job and or do not have a strong source of income is
ripe for internet advertisers. How will we build products
and advertising vehicles that will help capture the
attention of the consumer? One way to do this is to optimize
search engines, as this is the most used tool by a consumer
to help them find what they are looking for. As Google and
MSN continue to battle over the consumer and find better
ways to entice the consumer to use their technology for
search it will become increasingly more complicated for the
advertiser to capitalize on this technology. A strong
portion of the technology that is being built for the online
advertising community whether it is for the search community
directly or otherwise is being developed abroad and often
supported abroad. There may even be a tie between some of
the job loss, and ultimately consumer debt problems, in the
United States as a result of the outsourcing of projects.
It will
become the burden as well as the challenge for online
advertisers to develop products and utilize technology that
helps to build commerce in the United States. We must
help the consumer find jobs and ways to generate income, so
they can turn around and spend that money on products we
pitch. The online advertiser sits at the beginning of this
cycle and at the end of this cycle. The search engine
technology and companies we focus our own optimization on
will also affect which companies will have a stronger grasp
on the consumer. Which in turn will change where the
consumer begins the search for products, jobs, and anything
else. Often the most searched for products and best results
on a search engine become the products that we directly
advertise on our networks, whether that is an email, pop,
download, or banner network. The constant development of
search tools will need to be tailored to match the most
successful search engines, the consumer becomes most
comfortable when the advertising used most closely mimics
the functionality they are already used to.
The
online advertising community has already begun to capitalize
by helping consumers find debt solutions as well as jobs and
alternate forms of income. We have seen a few versions of
Google and the changes in the MSN search tools which change
how we utilize this method of advertising. We have now begun
to feel the affect of outsourced projects as these companies
begin to outsource there development and support projects
abroad which continue to force the online advertiser to
adapt. We are often advertising products that were built
abroad and are supported by companies abroad. Hopefully as
the economy becomes stronger we will continue to help build
a strong consumer through methods of advertising that not
only capitalize on consumer trends but also work to help
keep competition strong inside the search and other
advertising methods. In the end we do not want to lose jobs
abroad through outsourced programs, but find ways to
strengthen the US economy through a global strategy that
utilizes the best resources we have available.
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http://money.cnn.com/2003/10/02/
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http://money.cnn.com/2004/03/30/
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http://www.globetechnology.com/