Bob Hoffman
More books by Bob Hoffman…
“Every year or so I like to take a step back and look at a few key advertising, marketing, and media facts just to gauge how far removed from reality we advertising experts have gotten. These data represent the latest numbers I could find. I have listed the sources below. So here we go -- 10 facts, direct from the real world: E-commerce in 2014 accounted for 6.5 percent of total retail sales. 96% of video viewing is currently done on a television. 4% is done on a web device. In Europe and the US, people would not care if 92% of brands disappeared. The rate of engagement among a brand's fans with a Facebook post is 7 in 10,000. For Twitter it is 3 in 10,000. Fewer than one standard banner ad in a thousand is clicked on. Over half the display ads paid for by marketers are unviewable. Less than 1% of retail buying is done on a mobile device. Only 44% of traffic on the web is human. One bot-net can generate 1 billion fraudulent digital ad impressions a day. Half of all U.S online advertising - $10 billion a year - may be lost to fraud. As regular readers know, one of our favorite sayings around The Ad Contrarian Social Club is a quote from Noble Prize winning physicist Richard Feynman, who wonderfully declared that “Science is the belief in the ignorance of experts.” I think these facts do a pretty good job of vindicating Feynman.”
― Marketers Are From Mars, Consumers Are From New Jersey
― Marketers Are From Mars, Consumers Are From New Jersey
“It's such a moronic strategy, it can only have come from a trained marketing professional.”
― 101 Contrarian Ideas About Advertising
― 101 Contrarian Ideas About Advertising
“If we cannot provide clients with the one thing they really want from us -- creativity -- there is little future for the ad industry as it is currently configured.”
― 101 Contrarian Ideas About Advertising
― 101 Contrarian Ideas About Advertising
Topics Mentioning This Author
| topics | posts | views | last activity | |
|---|---|---|---|---|
| Jocko Podcast Boo...: I Remember the Last War by Bob Hoffman | 1 | 3 | May 08, 2017 04:38PM |
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