"Native" advertising is expected to drive 74% of all US display ad revenue by 2021, up from a 56% share in 2016, but Reddit cofounder Alexis Ohanian isn't a fan.
Native advertising is paid content that fits a specific publication's style and editorial guidelines. The idea is that unlike standard banner ads — which users can become blind to and easily overlook — people are more likely to engage with content that looks like the rest of the content on a site.
Speaking at a small press conference at Web Summit in Lisbon, Portugal last week, Ohanian described native advertising as something "nobody actually reads but everyone has just bought into." Marketers have been fooled into thinking people are reading their native ads, when instead, Ohanian believes they've simply been tricked by "Facebook arbitrage."...
Alexis Ohanian thinks the trend toward native advertising has increased because publishers are paying for Facebook views.Reddit CEO disses Facebook' native advertising as "Facebook arbitrage" yet promotes Reddit's as golden. Credible?