OK, I'll admit it. I like to visit neimanmarcus.com, look at designer clothes from Carolina Herrera and Nanette Lepore, and click on an item or two. But when I realize it's more than I want to pay,
even with free shipping, I leave the shopping cart stranded in cyberspace and go about my weekend chores of grocery shopping and cleaning up the yard. I come back later in the day to go online again
-- and there are the display ads from Neiman Marcus staring me in the face, begging me to click on them.
Score one for behavioral targeting technology. A few months ago I also began getting
emails reminding me of my abandoned online shopping cart. "Don't forget about the items in your shopping bag!" the email read.
Frankly, I don't mind the emails and display ads. I would much
rather see an ad for Manolo Blahnik shoes from Neiman Marcus than one for Goodyear tires on my Facebook or LinkedIn page.
I'm not seeing those kinds of ads on my social media pages today,
but that scenario might not be too far off. According to John Squire, chief strategy officer at Coremetrics, several major unnamed advertisers (probably retailers, I'd guess), told Coremetrics in
December 2009 they planned to keep budgets for display advertising strong. In exchange, they wanted a more targeted approach to reach consumers in Facebook, MySpace and other social networking sites.
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So, Coremetrics built AdTarget, which launched Tuesday, to support brands that want to target consumers in social networks, among other places across the Web. Squire believes BT will help drive
companies from paid search text ads into display on social networks, allowing brands to become part of the conversation that typically happens between friends on social sites.
A targeted ad
in a social network where people act, well, social, gets better results. That's the idea, according to Jeff Hirsch president and CEO at AudienceScience, one of the Coremetrics Connect certified
partners. "Behavioral targeting could decrease the amount of advertising a consumer is exposed to," Hirsch says. "If you don't know anything about the user, you will have to run a lot of ads until you
find the ones that make them respond."
Fewer ads pasted across social networks? I'm beginning to like behavioral targeting more.