Blog post: We should appreciate Twitter’s decision – and encourage others to follow

Twitter’s move to ban political ads comes as the UK enters a six-week general election campaign, one that will be more influenced by social media than ever before. For various reasons – including the British November and December weather -, online will form a key element for the general election campaigns. This is a trend we have seen in UK political campaigning over the past five years, now with almost half of campaign spending used online. Online campaigning has the benefit of targeted messaging, and Twitter’s decision will make this a little more difficult.

It is the right thing to do though: in a YouGov poll from earlier this year, 80% of people said they are in strong favour of regulating political ads on social media sites. Twitter follows ByteDance’s TikTok which announced a ban on all political advertising a few weeks ago – even if a large part of the platform’s audience is too young to vote.

Where are mobile ads heading to?

According to Informa, global mobile advertising spend will grow to $1.7bn in 2008, following an approximate billion dollars in 2007. Well – that sounds pretty impressive, as the figure is expected to increase to $2.6bn in 2009. And with the expected growth rate, the global spend will be more than $12bn in 2013.
To get those figures straight - Internet advertising in the UK alone is likely to hit $6bn in 2008. Procter&Gamble spend roughly $8bn on advertising - per year. The overall global advertising spend in 2007 is somewhere in the region of $450bn. Global mobile revenues are estimated to be more than $750bn.
Even if mobile advertising still represents a tiny fraction compared to the whole picture, it is definitely one of the major growth areas within the wireless industry. So the current euphoria is justified. The next logical and interesting step will be then to see whether consumers will fully accept (more) ads on their handsets - or whether they will have their own say on the above stated figures.