I’m speaking of online data harvested through apps, websites, hardware (such as phones/streaming devices).
I mean if multiple versions of the same harvested data are being sold, wouldn’t the value decrease because of the competition? When it comes to aggregate data, how much financial value can there really be in knowing that a million office workers just clicked on the same cat meme?
How does the quantity of time and expense toward “personalization” not simply overshadow the return, given that no one can click on even a small percentage of those numerous ads, let alone buy the shit being advertised?
It just seems like there would come a time when the value of user data is sucked dry, or at least significantly decreased.
Also benefiting the ad companies who charge per click, while not ever leading to a sale.
It mostly benefits the website that is being visited. If an ad company sells ad spots that don’t convert to sales, the organizations buying the ad spots will be less likely to buy them in the future, potentially hurting the ad company
Yeah but this also results in the site receiving less money from ads, also hurting them in the long run. Really the solution is to pay for the services you enjoy, and acknowledge the age-old “if the service is free, you are the product”.
It has always been my understanding that sites and apps get paid X cents for displaying an ad, and Y cents (where Y is larger than X) whenever someone actually clicks an ad on their site. So this would in theory help the website.