4.9 • 868 Ratings
🗓️ 31 May 2024
⏱️ 51 minutes
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Inside the Black Box: How Marketers Waste Billions in Online Advertising by Bob Hoffman
ABOUT THE BOOK:
In 2024, marketers will spend over $650 billion on online advertising. A substantial proportion of this - perhaps in the hundreds of billions - will be completely wasted.
Not for the usual reason - their advertising stinks - but for another, darker reason. They have been cheated, conned, and robbed.
It has been clear for about a decade that a great deal of online advertising is crooked. It is a black box. Money goes in and nobody knows what comes out.
Between ad fraud, made for advertising sites, hidden middleman fees, crooked publishers, unreliable data, unreliable reports, viewability issues, click fraud, false attribution, consumer inattention, and the utter lack of transparency, advertisers are being fucked blind.
The book should be of particular value to executives (like CEOs and CFOs) who cross their fingers and hope their marketing people know what they're talking about (Spoiler alert: They don't.)
It's also for marketing people who believe their suppliers give them accurate information (Spoiler alert: They don’t.)
It's also for media buyers who think they know what they're buying (Spoiler alert: They don't.)
It is written in simple English, so you don't have to be a tech-head to get it.
And, best of all – the book is free!
ABOUT THE AUTHOR:
Bob Hoffman is the author of several best-selling books about advertising. He is also one of the most sought-after international speakers on advertising and marketing.
His books include:
... all of which have been featured on The Marketing Book Podcast.
He is the creator of the popular “Ad Contrarian” blog, named one of the world's most influential marketing and advertising blogs by Business Insider.
Bob was the CEO of two independent agencies and the U.S. operation of an international agency.
Bob's commentary has appeared in the BBC World Service, The Wall Street Journal, The New York Times, MSNBC, The Financial Times, The Australian, New Zealand Public Broadcasting, Fox News, Sky News, Forbes, Canadian Public Broadcasting, and many other news outlets throughout the world.
And, interesting fact – he is now a member of a VERY exclusive club with 3 other authors - The Marketing Book Podcast 7-Timers Club!
https://www.salesartillery.com/marketing-book-podcast/inside-black-box-bob-hoffman
Click on a timestamp to play from that location
0:00.0 | The following interview contains some colorful language, very familiar to people working in marketing and sales, but probably not suitable for children. |
0:08.0 | Listener discretion is advised. |
0:10.0 | This is Bob Hoffman, author of The Art of French Cook. |
0:13.0 | Oh, wait a minute, no. |
0:14.1 | Author of Inside the Black Box, |
0:16.4 | how marketers waste billions on online advertising. |
0:20.4 | And you're listening to the Marketing Book Podcast. |
0:23.0 | Welcome to the Marketing Book Podcast, |
0:27.0 | helping you keep up with the smartest thinking |
0:29.0 | in the quickly changing field of modern marketing. |
0:32.0 | And now here's your host, Douglas Burntz. |
0:35.8 | Hello, thanks for joining me on the marketing book podcast where every Friday I publish an |
0:39.6 | interview with the author of a new marketing or sales book. |
0:42.1 | This show has been named one of the top marketing podcasts by Forbes and LinkedIn |
0:46.2 | amongst others and has millions of downloads and listeners in over 185 countries. |
0:51.0 | Don't worry about taking notes. You can find links to |
0:53.4 | everything linkable in this episode's website page at marketingbook |
0:56.5 | podcast.com and since I get to read every book featured on the show if I can |
1:01.5 | recommend a specific marketing or sales book or any other resource I know of for whatever challenge you're facing |
1:06.8 | Connect and message me on LinkedIn and I will do my best to get you pointed in the right direction. |
1:12.4 | All right let's get on with the show my best to get you pointed in the right direction. |
1:12.8 | All right, let's get on with the show. |
... |
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