“Data-Driven Thinking” is written by members of the media community and contains fresh ideas on the digital revolution in media.
Today’s column is written by Gal Barnea, chief technology officer at Eyeview.
Over the past few weeks we’ve seen a massive shift in the Flash and HTML5 balance as more Flash security flaws are exposed and major browsers take action. In June, Google announced Chrome would automatically block most Flash elements on portable devices. Last week, Firefox announced it would block Flash by default. At the same time, Facebook’s chief security officer called for an end-of-life date for Flash.
Since Flash has been one of the core technologies that fuels ad tech, its death will unquestionably have a meaningful impact on the digital ad ecosystem. Brand advertising decision-makers must pay close attention or face a fairly quick hit to their revenue. Advertisers need to think strategically about what they are doing to help their brand adapt to this change and maintain marketing efficiency.
In my opinion, the corner of digital advertising ecosystem that will feel the biggest impact is rich media and interactive video. Rich media is not only display-specific formats, like home page takeovers, expandable banners and interactive forms, but also dynamic data-driven banners and interactive video. Marketers use these rich and interactive capabilities extensively across campaigns, so with Flash dying, they need to understand the impact on the campaigns they’re running and be prepared to adjust their marketing strategy toward more simplistic, yet engaging and scalable executions.
Rich media does support HTML5, but not to the extent that most advertisers want. This inability to deliver and engage with audiences at scale will be a significant setback for rich media companies, which may struggle to meet market demands and face declining revenue and growth.
Marketers, on the other hand, will be forced to find alternative means of investment to rich media and new ways to deliver impactful advertising. Advertisers need to focus on investing more in quality content – simple, yet impactful and engaging ads — and less on the attention-grabbing elements with all the bells and whistles. Consider the standard formats of video, image and text that will efficiently scale across devices, browsers and audiences.
Ultimately, the move away from Flash is a good thing. I think it’s fantastic because it will move the industry toward a newer, more open and secure ad tech infrastructure that is standardized across devices. It may take some time to get there, and although rich media companies will feel the brunt of it, it’s a positive move forward for an industry that today is overly reliant on an outdated technology that many have come to know and loathe.
See you later, Flash. You will not be missed.