After years and years of money losses, strong criticism and even lawsuit threats, the marketing industry has finally found who’s to blame for ad-blocking – itself. At least that’s what the Interactive Advertising Bureau (IAB) posted yesterday admitting that the industry had “messed up” with its hunt for data and profits.
“Looking back now, our scraping of dimes may have cost us dollars in consumer loyalty” wrote Scott Cunningham, senior VP-technology and ad operations at the IAB, in a long-awaited self-critical text. The post hints that marketers finally seem to acknowledge what’s driving users to install ad blockers en masse – a greedy monetization of the Web that has sacrificed the user experience just for profit.