Thursday, February 16, 2012

Topic Proposal: Two Perspectives on Targeted Advertising: The Consumer v. The Advertiser


For my final project I wish to explore the world of targeted advertising within the social media world.  I became interested in this when I was applying for a job within the Leo Burnett Advertising company.  On part of the application I was required to write a short essay on the use of targeted advertising in social media and why I believed it to be important and where I saw it going in the future.   I didn’t have an answer and I still don’t have an answer, and this is why I am very interested in writing on this topic. 

It’s scary to think that Google, Yahoo, Facebook, Twitter, and many other search engines and social media outlets are tracking every little thing you do.  Every time you sign up for a social media outlet and provide your name, age, email, gender and geographic location, you are essentially profiling yourself to companies who can then target you with their ads.  Search engines, such as Google, will track anything you search, even key words in your personal emails, anything they think might be valuable that they can then sell to advertisers to target you with ads.  They do this in hopes that the ads they have selected to place on your sidebar will be a product or service that you will want.  Advertisers no longer have to waste their time and money trying to advertise to the larger population.  Now, advertisers can specifically target a smaller sample of people that are more likely to spend their money on the products and services.

For my research I want to look at both the consumer and the advertiser’s perspectives of the issues concerning targeted advertising.  I want to focus on the rise of targeted advertising within the various social media outlets and how companies are legally or illegally tracking consumers’ information.  What legislation is being made to limit consumer tracking and help ensure consumer privacy?  I also want to explore how much companies are profiting over new targeted ads in comparison with older techniques of marketing and advertising.  Do the benefits of targeted advertising outweigh the potential risks to consumer privacy? 

Personally, I am frightened by the idea of my every move being tracked on the internet.  However, from an advertiser’s perspective, targeted advertising is a gold mine.  I don’t believe that targeted advertising is a threat to personal safety and privacy as long as the information taken is solely used for the purpose of advertising and isn’t distributed further to any outside third parties.  The business of targeted advertising is complicated and must be examined through both the lens of a consumer and the lens of the advertiser in order to truly understand both sides of the issue.   

6 comments:

  1. This is very interesting :)
    Do you know which form of advertisement you will look at specifically? It will help to narrow down your topic.

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  2. That's a really interesting topic. Could you also look at the other side of it? By which I mean, yes, it is pretty creepy that Google knows what I like, but isn't it also kind of nice to see ads for things I'm interested in and not random stuff I don't care about? Something to consider anyway

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    2. This is a very interesting topic! I'm looking at advertising and thought of this article when I read your proposal. The article talks about the creation of 'intelligent' ads. If being tracked on the internet is questionable, just image passing advertisements that uses facial recognition.

      http://www.independent.co.uk/news/media/advertising/intelligent-ads-can-see-the-kind-of-person-you-are-7179539.html

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    3. This is a very interesting topic! I'm looking at advertising and thought of this article when I read your proposal. The article talks about the creation of 'intelligent' ads. If being tracked on the internet is questionable, just image passing advertisements that uses facial recognition.

      http://www.independent.co.uk/news/media/advertising/intelligent-ads-can-see-the-kind-of-person-you-are-7179539.html

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  3. Sally, first, thanks for your insightful comment and the articles you sent em for my project. Second, this topic is a great fit for you. I agree, targeted advertising is definitely a complicated and a hot issue. When I worked in D.C, many constituents are extremely concerned about how much the internet "knows" about them.

    What I'm curious about is your thesis... What do you think you will discover about this form of advertising and what does that mean to "Joe the Plumber?" For me, I would be interested to see if the government is most concerned with protecting privacy, or the internet's potential to track down threats to the United States. Obviously, this would be my direction on the issue (not that I'm ever political or anything...), but I think it would be an interesting take on the future of targeted advertising.

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