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Publish and get rich? 26 May 2004 Edition
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During the Dot-Com Boom (tm) of the late 1990s, many websites were launched on the premise that they would operate just like their print-media peers and earn a fortune from advertising.

And, for a little while, this model did work -- thanks to the vast amount of money that other websites (flush with venture capital) spent on promoting themselves.

Of course when the bum fell out of the dot-com industry, the vast majority of those VC-rich startups disappeared almost overnight -- along with their advertising dollars.

As anyone producing an online publication will tell you, the years from late 2000 to 2003 were very difficult ones. The Internet was no longer seen as *the* place to be and even the effectiveness of online ads was called into question.

A number of advertisers and websites responded to this by using more aggressive tactics like pop-ups/unders, interstitials, much larger banners, etc. This however, simply left an even nastier taste in the mouths of many websurfers and further demoted web-based ads down the list of places to spend your advertising dollars.

Others turned to spam, figuring that it was cheaper and (if you listen to those who run the spam servers) more effective than web-based promotions.

Now have your say
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While you're here, why not visit the Aardvark Hall of Shame and perhaps make your own nomination.

But now, if reports are to be believed, we're seeing a very significant renaissance in web-based advertising.

Figures out of the USA show that some US$2.3 billion was spent buying online ads in the first quarter of this year already -- a 39 percent increase over the same period last year.

I think it would be a pretty safe guess that this demand for online advertising has been driven by the growth in online retail sales. I recall just a few short years ago when the launch of local e-retailer Flying Pig was big news. Now you can buy just about anything you want from the convenience of your web-browser and having an online checkout is becoming the norm rather than the exception in the retail world.

All these retailers need to promote their online stores and there's no better or more effective way to do it than through online advertising.

And suddenly it's the website's that carry these ads that are calling the tune and those advertisers demanding those really annoying advertising formats like pop-ups are being given the bum's-rush.

This has to be very good news for web-surfers. Although the result of this surge in demand is almost certainly going to be that we end up seeing more advertising, at least it will be the type we can more easily ignore.

One would also hope that at least the ads we're accosted with are better targeted to the content being displayed. As I mentioned in a previous column, we have Google's AdSense to thank for an increase in accurate targeting -- let's hope that other advertising networks wake up to the importance of this.

Let's also hope that this abundance of advertising dollars will spawn a surge in the number of really good online publications.

Prime's Poll Is Dead -- RIP
It looks as if Prime has given up on maintaining its daily news poll.

Maybe my article and the small spurt of traffic that it might have generated have overwhelmed them.

Maybe they just figured it wasn't worth the hassle.

Too bad -- they were the only news broadcaster to make an attempt to interact with their audience through the web.

This is a real shame. After my experience with 7am.com I *know* that there's huge potential for synergy between broadcast and web presences -- and that synergy goes far beyond just stuffing your top stories on a webpage.

Which NZ broadcaster will be the first to realise this?

Yes, You Can Gift Money
I've published this website for the past nine years as a service to the local internet and IT industry and during all that time it has been 100% free to access. It is my intention to ensure that it remains completely free and free of charge and contains only the most sparse levels of advertising. Aardvark is not a business, it is a free resource.

If you feel that this is a good thing and/or you hold a "geniune affection" for yours truly -- then you are welcome to gift me some money using the buttons provided. In gifting this money you accept that no goods, service or other consideration is offered, provided, accepted or anticipated in return. Just click on the button to gift whatever you can afford. NOTE: PayPal bills in US dollars so don't accidentally gift more than what you were intending :-)

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