Just as search engine marketing was undervalued earlier this decade but turned out to dramatically exceed all growth estimates, Right Media CEO Mike Walrath, in a post on his company’s blog, contends the industry just might be in the same place with online display advertising. While acknowledging the existence of unsold display inventory, Walrath argues a confluence of events – traditional media moving online, improved metrics and open ad platforms – may fuel display as search was fueled earlier by its own confluence of events. To be clear, Walrath’s Right Media plays in the area of open ad platforms making his argument appear to be self-serving but his arguments are sound and worth considering.
