My Photo

Subscribe

  • SUBSCRIBE
    Enter your Email


    Powered by FeedBlitz
  • Google Sponsored Ad

Full 28-minute Presentation by David

Search Ageless Marketing



Sample the Taste of Ageless Marketing

Must reads

Blog powered by TypePad

« Beer Sales Go Flat in 2005 (Again) | Main | Helping Customers Process Their Lives »

February 21, 2006

The Decline and Fall of Advertising

As so often happens when I go Googling, I head down paths I’ve never traveled before. I’ve always been that way with dictionaries. I open one up in search of a particular word and get distracted into reading the definitions of other words, sometimes forgetting what word I wanted to read about in the first place.

I was Googling for something this morning when I got switched over to a different track that led me to a really interesting interview with positioning guru Al Ries. The interview was in the September 7, 2005 issue of PR Intelligence Report.

If you’re in advertising, you owe it to yourself to click over to the interview. Same goes if you’re in PR. Ditto if you run a company that markets itself and its product. In other words, everyone in business stands to profit from reading this short interview.

Al_ries_book2_1 I won’t tell you what Al Ries says, but those of you who’ve been following his words in recent years will already have a pretty good idea. This guy, who with along with Jack Trout coined the term “positioning” in its marketing – mostly advertising context, is ready to administer the last rites for advertising.

After the poor showing of advertising sales for this year’s Super Bowl and the collective yawn of Americans’ over the Winter Olympics, Al Ries may have it more right than Madison Avenue yet has the insight or courage or both to admit. Great brands are being created with little or no advertising. Starbucks is one such. Ries lists others in the aforementioned interview.

I really would like to hear what readers – especially those in advertising – have to say about the future of advertising.
__________________

ANNOUNCEMENT:   You can now see a full-length talk I gave at Bentley College at a symposium entitled, "Does Marketing Need Reform?" Go to the first afternoon session once on the site and click on "Marketing to the New Customer Majority." You can also see and hear the legendary Phillip Kottler and other academic luminaries in the field of marketing at that website.


TrackBack

TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00d834521d3a69e200d83475a78053ef

Listed below are links to weblogs that reference The Decline and Fall of Advertising:

Comments

Great post, David. My view (as someone who has worked in advertising and now works at a PR agency) is that the most powerful messages are those passed from consumer to consumer. The best advertising today is entertainment and little more. Contrast this with word of mouth marketing campaigns, or PR campaigns where third parties endorse or publicize products and services and you have a much more powerful model. I would rather have my customers (or the press) telling others what my product does than people talking about how funny and clever "that ad with the magic fridge" was any day.

David,
Having read both the Fall of Advertisng and everything you have written, it would seem the rise in the adult median age is a major cause of the decline in advertising effectiveness, which Ries doesn't really address.

In my 30 years of work with older consumers, I know 50 plus customers are much more trusting of a peer's recommendation than a celebrity's endorsement; increasing hate the continued use of stereotypes and want facts; not hyperbole, which pretty much eliminates advertising's ear candy as a source of information.

Until companies and the agencies that serve them wake up to the reality of a market that is now more senior than junior, the decline will continue...and at an accelerated rate with each passing year.

Dick,

As usual -- you've hit the nail on the head -- bang!

DBW

Rohit

Having moved over into the PR arena from advertising I'm sure you have a lot to say about what's gone wrong in advertising. I'd welcome a piece from you as a guest author if you're interested.

Thanks for your comment.

DBW

Hi ! Your site is very interesting. Thank you.

As always, insightful stuff. The whole concept of word of mouth marketing is becoming more relevant on an almost daily basis. Perhaps we have reached the saturation point with conventional advertising/marketing efforts where eye candy is king and image is everything. It just becomes sensory overload and the only advice you can trust is the one from your fellow consumer.

Nice little piece however you can't be claiming that stealth marketing or pr can replace conventional mass marketing. consumers will merely adapt their avoidance mechanisms to encompass statements made by strangers, celebrities etc. Also it is simply an impossibility for a consumer to have a relationship with every product so as relationship marketing, direct marketing and all their affiliates expand in their use these techniques will lose their effectiveness aswell!

I just want to add one thing in this conversation in my point of view that it just becomes sensory overload and the only advice you can trust is the one from your fellow consumer.

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Working...
Your comment could not be posted. Error type:
Your comment has been posted. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.

Working...

Post a comment

Blogs with a Global Perspective On Marketing


  • Anita Campbell's Small Business Trends
    Anita's blog is a treasure trove of useful information, especially for small businesses who must depend on external sources to identify what is important to them.
  • Ben McConnell and Jackie Huba
    High priests of customer evangelism, the foundation of viral marketing, Ben and Jackie work creatively from the pulpit of the Church of the Customer to tech companies how to recruit consumers into their marketing efforts.
  • Brent Green's Boomers
    Brent’s blog amplifies marketing principles and practices in his book “Marketing to Leading-Edge Baby Boomers.” Commentary ranges from rants about the marketing clueless to exaltation of companies and organizations successfully introducing new Boomer marketing initiatives.
  • Evelyn Rodriguez - Crossroads Dispatches
    Evelyn offers a keen eye into the mind and soul of today's more mature consumer universe
  • Jean-Paul Treguer's Senioragency
    Jean-Paul brings a Continental perspective to the art of marketing to people in the second half of life. This entry links directly to the English edition. The French edition is at http://www.jean-paul-treguer.com/. In both editions, lots of down to earth insights and advice.
  • Katherine Stone - Decent Marketing
    Katherine's blog reflects her customer centric perspectives on experiential marketing
  • Michele Miller - WonderBlog
    Michele's blog focuses in part on feminine values in marketing -- critically important since women account for 80% of consumer purchases.
  • Paul Williams and John Moore - Brand Autopsy
    Paul Williams and John Moore bring an impressive array of experience to their blog, including Moore's experience withStarbuck's and Whole Foods.
  • Piers Fawkes and Simon King - PSFK
    Cool tracking of cool developments in the under-40 marketplaces in Europe, US and Asia.
  • Saisir l'état d'esprit des 40+
    Sylvain Desfosses's dedicated efforts to promote a better understanding of the general state of mind of 40+ segment and the strategic implications in marketing and management. In French (no English subtitles!).
  • Skip Linberg's Marketing Genius
    A multi-author blog covering a wide range of topics and philosophy, plus a few rants and random musings.
  • The Source of Leadership Blog
    David Traversi shares his unique insight into what makes a great leader by exploring personal energies that we all possess.
  • Tom Asacker - A Clear Eye
    Tom's wide-ranging blog is especially sensitive to the role of emotions in consumer behavior.
  • Tom Peters
    Tom's blog is - well, typical of Tom's thinking, almost beyond global in perspective with frequent outside-the-box ideas. You'll likely find it worthwhile to have Tom's blog in your must-read blog list.

Blogs on Branding

  • Stefan Liute - Stefan's Branding Blog
    Free ranging running commentary on branding in a nice conversational tone by a branding pro from Romania (grapefruit.ro) who understands the art of branding.
  • Jason Kerr - Brandlessness
    Jason sagely observes, "“Any sufficiently advanced brand is fully indistinguishable from the self” then sets out to fulfill the promise in that statement.
  • Errol Saldanha: Branding Branding
    Interesting site devoted to the perennial issue of how the terms "brand" and "branding" be defined.
  • David Young - BrandingBlog
    David's blog is replete with valuable insights into the semiotic alchemy of branding, an art more marketers should know more about.

Blogs on Specialty Areas of Marketing

  • CRM Lowdown
    CRM Lowdown - Craig Cullen blogs about every aspect of customer relationship management, from theory to implementation.
  • Eamon Maloney
    Spotlightideas is about creative-thinking in advertising account planning, communications and media.
  • Holly Buchanan's Marketing to Women Online
    Marketing to Women Online smashes stereotypes and focuses on understanding what women truly want in the online world and in the offline world
  • Lucy McDonald's R.E.A.L. Marketing Blog
    Lucy's unique blog provides a cornucopia of business and marketing tips for the counselor, therapist, psychotherapist, and alternative therapist.
  • MarcomBlog
    MarcomBlog is a collaborative effort between eight terrific public relations and marketing professionals and students in Auburn University's Department of Communication and Journalism to involve students in conversations with practitioners from around the world.
  • Mark Willaman's SeniorCareMarketer
    Mark discusses the 'business of aging' with a focus on Internet marketing. In particular, he writes about how companies who market products and services relating to the aging population can increase their online visibility, web site traffic and leads.
  • Marketing Headhunter
    Executive recruiter Harry Joiner speaks with top marketers throughout Corporate America every week which gives him keen insight into trends shaping multichannel marketing.
  • Resonance Partnership Blog
    Marianne Richmond offers insight into connecting marketing and customer experience within the paradoxes of a digital world… with an eye towards neuroscience and behavior theory.
  • Web Market Central
    Tom Pick of WebMarketCentral.com shares his advice, commentary, observations, and wisdom on all aspects of online marketing.
  • Yvonne DiVita's Lipsticking Blog
    Lip-sticking teaches small and medium-sized businesses how to market to women online. Speaking from the perspective of Jane – representative of the women's market – we offer qualified advice, insight, and research on women and the Internet.

Blogs on Sales Theory and Practice

  • S. Anthony Iannarino - The Sales Blog
    Anthony's common sense commentary is a treasure trove of insight into sales methods. tools, and theory enriched by an uncommon addiction to reading about everything. (Renaissance personalities make great salespeople and marketers.)