Sad but true, our moment in the sun has begun the slow fade to black. In 2006 when P&Gs CEO, A.G. Lafley stated before the 4A's that the Marketing Business Model was "broken." There was a flurry of editorial interest in what comes next.
New age agencies like Anomaly and Mother got started. We initiated the Institute for Advanced Practices in Advertising. The technology companies like Google, Cisco and Microsoft got into the game with initiatives and aquisitions. Everybody had a new business process to brand or define. But when the dust settled the only thing that was new was the pile of press releases on the floor. Nothing substantial had evolved. Advertising was the same as it ever was. Only with less intellectual capital because the plus 30 guys have been dropped because of the strange belief that new blood yields new ideas.
So now the clients, who have been more than patient with our industry are starting to look elsewhere. Advertising had its opportunity to drag itself into C21 and blew it. But maybe not. What do you think can be done to make advertising more engaging to the audience and more meaningful to those who have a need to know what product or service can best fill their unmet wants needs and desires.
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