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PART I: WHAT IS DIGITAL ADVERTISING AND WHY IS IT IMPORTANT?<br />
HOW HAS DIGITAL ADVERTISING EVOLVED?<br />
Digital advertising has evolved considerably since we saw the first banner ad in 1994. Now we see<br />
advertising everywhere—on websites across the internet, on mobile devices, on smart watches, and<br />
on other items that we wear. We see them on social media, and we can now even see connected<br />
billboards that change based on traffic conditions.<br />
Just think about how quickly digital<br />
advertising has progressed! Do you<br />
remember surfing the web with<br />
Netscape? Do you remember how<br />
slowly the pages loaded? Do you<br />
remember how much slower the<br />
pages loaded when there was a<br />
banner ad to display?<br />
A Brief History of<br />
Digital Ads<br />
In 1994, the banner ad took over the<br />
web. According to Wired Magazine,<br />
the company HotWired launched<br />
banner ads from 14 companies.<br />
Each banner ad was 468 pixels wide<br />
by 60 pixels deep. And legend has it<br />
that the very first one of these ads<br />
was from AT&T. The ad asked, “Have<br />
you ever clicked your mouse right<br />
HERE? You will”. And they were right.<br />
From there we saw the first ad server<br />
NetGravity in 1996, the first Google<br />
AdWord in 2002, the first YouTube<br />
ad in 2005, and the first Facebook<br />
ad in 2007.<br />
The Rapid Evolution<br />
of Digital Ads<br />
We may joke and reminisce about<br />
the early days of Netscape and<br />
banner ads, but digital advertising has<br />
experienced a rapid transformation in<br />
the past two decades. Why? Well,<br />
people love content and they love to<br />
consume it at a rapid pace.<br />
Consider how you consume content.<br />
TV is no longer the primary screen<br />
that you or your audience uses to<br />
consume media—now you spend<br />
almost six hours online vs. four and a<br />
half hours in front of the TV. You are<br />
constantly moving from screen to<br />
screen, media to media. You click on<br />
one BuzzFeed article and quickly<br />
click on other articles on the page<br />
that interest you.<br />
So how have ads evolved alongside<br />
today’s buyers’ insatiable appetite for<br />
online content? Let’s take a look at a<br />
few advancements:<br />
First Banner Ad: AT&T