[Recently, I wrote that overly optimistic or pessimistic predictions of native advertising’s future were the result of vast (and naïve) assumptions. I concluded that a more accurate prediction would not hinge upon grand theories about how great native advertising is or isn’t, but rather a wily assessment of many factors – the foxlike approach of Isaiah Berlin’s Hedgehog and the Fox. I said I’d offer such a foxy assessment. Here’s that assessment.]
First, let’s consider the two grand theories of native advertising – the hedgehog positions:
1) Native advertising is the best thing that could have happened.
According to this theory, native advertising at last frees the world from interruptive or parasitic advertisements and allows both the publisher site and advertiser to work toward a shared goal: the best possible experience for the user or reader. Success will be measured directly by readers actually choosing to consume stuff from brands, which means it’ll all be worth more and publishers will earn a bigger cut.
2) Native advertising is the worst thing that could have happened.
According to this theory, native advertising depends fundamentally on confusing the reader into clicking on an advertisement by disguising it as unpaid site editorial. As a result, readers will lose their trust in the sites’ editorial integrity and abandon the site. This loss of integrity will destroy the halo effect, whereby a site’s editorial integrity reflects positively on the advertisers associated with it.
True hedgehogs could expound on these arguments at length (they have a tendency to do that), but I’ve represented the basic positions.Read more