Posted by: Heather Green on July 10
Nielsen//NetRatings took a step forward today in admitting an addiction to bad stuff: the page view. The rating service dropped the page view as the standard metric of measurement, because quite frankly, in the age of new kinds of technology like Ajax and RSS, the page view just doesn’t give you a good sense of what kind of audience you have.
I have been thinking about this this morning, and frankly, all this seems like is an interim step. Because in the place of the page view, Nielsen is defaulting to total number of minutes spent on a site. The new problems with this are obvious.
The reason these metrics came to be in the first place was in part because advertisers needed a way to figure out the popularity of a site. But let’s look at time spent. Some sites or services that you spend a lot of time on, Yahoo’s instant messaging, for instance, have proven to be lousy places to get any results for ads. Basing any advertising buys on time spent seems like a losing proposition.
So basically, Nielsen took a step into the unknown and probably knows it needs to come up with other measurements that really do show engagament that matters to advertisers.
All these confusion may seem to benefit Google, which sells ads based on clicks and so might have an argument for pushing for that as the standard metric. But it seems to me that that they also want out a measurement beyond clicks, given their push in banner advertising with the acquisition of DoubleClick.
Give me a break!!! The time - hour after hour after hour - spent on Yahoo Instant Messenger counts as time looking at advertising? In more than three years, I have NEVER clicked on an ad within YIM. I have often wondered why anyone would spend anything advertising within YIM. And now this time in YIM vaults Yahoo over Google - where real search and comparing sellers of items really occurs. I thought Nielson was smarter than this. Actually, NO I DIDN'T - I remember being a member of a Nielson TV audience many years ago. What a joke.
how come nobody posted correlation data?
something fishy going on here..
the silence abt correlation metrics could explain an embarassiing truth here....
I worked in advertising for years before the internet even came alomg and have never understood the PIPM metric. Internet advertising gives marketeers the first opportunity in history to correlate the product with people reading sites about similar products, yet the industry has totally ignored niche spread advertising in favour of replicating the blunderbus effect they have to use in print, TV etc, where the parsity of useful viewer/reader data makes the whole thing guesswork. Incredibly dumb.
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