The IAB Pivots on Ad Blocking and Issues a Mea Culpa: 'We Messed Up'

The Interactive Advertising Bureau today said the digital publishing industry has cared too much about revenues and too little about user experience and needs therefore to accept blame for the rising popularity of ad blockers. So it's launching an effort called L.E.A.N. Ads, with the acronym standing for Light, Encrypted, Ad choice supported, Non-invasive. "We messed up," said Scott Cunningham, senior vp of technology and ad operations at the IAB. "Looking back now, our scraping of dimes may have cost us dollars in consumer loyalty." Cunningham's words were part of the IAB's lengthy, mea culpa-style online statement issued about the growing phenomenon that is ad blocking. It represented quite a turn of events: After all, Cunningham just two weeks ago called ad blocking "highway robbery." The exec also addressed the historical evolution of how the digital publishing industry failed—specifically in the mobile era when smartphone users get their batteries drained by never-ending ads—to remember that the consumer experience was integral to continued sales growth. "Through our pursuit of further automation and maximization of margins during the industrial age of media technology, we built advertising technology to optimize publishers' yield of marketing budgets that had eroded after the last recession," he wrote. "The fast, scalable systems of targeting users with ever-heftier advertisements have slowed down the public Internet and drained more than a few batteries. We... Continue reading at 'AdWeek'

[ AdWeek | 2015-10-15 00:00:00 UTC ]
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[ The Bookseller | 2011-02-02 00:00:00 UTC ]
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