Yaffe Tidbits

Twitter Updates

    follow me on Twitter

    « Ad of the Week: (Red) Campaign | Main | Helping the "real moms" is key to marketing success. »

    December 08, 2009

    TrackBack

    TrackBack URL for this entry:
    http://www.typepad.com/services/trackback/6a00d8347d063969e201287631b981970c

    Listed below are links to weblogs that reference Is This The New Golden Age of Creativity?:

    Comments

    Russ Tate

    Love the video Mike! Very nice. There is no question that we are entering the next Golden Age of Creativity. The cautionary part is in your statement, "This all requires a lot more thought than before." I'm not sure clients understand this yet, or budget for it, making adequate compensation difficult since most agencies are still getting paid for their time, not the value of their ideas.

    It's a problem many agencies all over the world are struggling with (especially when overall marketing budgets are shrinking, not expanding)and may, at least in the short term, hamper innovation in this new Creative Era.

    Regardless, I think it's an invigorating time for our business and the industry will eventually figure it out. I for one welcome the challenges all these shiny new opportunities present for us.

    Dan Roth

    The advent of the Internet is infinitely more complicated than the advent of television. While television was at one point a new medium, it only added a visual component to the existing radio format. The audience was still captive in that they had to consume the commercials before or during their shows in order to continue consuming the shows. It was a linear format.

    That simply is not the case for the Internet. The user has full control and can easily avoid promotional material. They can click to anywhere, thus creating a non-linear system that does not require them to consume a promotion/commercial. Commercials on television were considered the necessary evil. Advertising on the Internet is considered a scourge that many users actively try to destroy (pop-up blockers, spam control, etc...). Supporting this view is our low standards regarding a successful digital campaign. If the campaign makes money, it is successful. The problem is that the CPM is so low in the digital arena that this requires a very low conversion rates (those who consume the promotion that ultimate purchase the product). And until we hold ourselves accountable for this, advertising on the Internet will never reach it's full potential.

    In order to evolve past this, we must forget everything we've ever learned about advertising and start from scratch. Most companies and agencies are unwilling to accept this and continue to force traditional techniques on the Internet. This will continue to result in a poor conversion rate and our inability as an industry to capture the true potential of the Internet.

    Mike McClure

    Russ:
    Thanks for the compliment. And yes, I too am excited about the new challenges/opportunities.

    Dan:
    You are right, it's infinitely more complicated than when TV came about. That's why I think it's an age of creativity beyone just the creative freedom the medium that is the net affords us.

    The rest of the concerns you outline are exactly why my point two was that we need to think creatively in every department, not just the creative one. The consumer has the control and we're not at all used to that. It will require us marketers to learn all new methodologies to stay relevant and to give proper ROI to our clients.

    To both your and Russ's point, the old business model doesn't apply. The actual media in a digital world is cheap or free (in the case of social media). But, the amount of time to develop strategies and execute them properly (not to mention added time to come up with truly innovative creative ideas) is going up, way up. The old model was 15% of media revenue, and that dropped to 10-12% over the last decade. In new media, it's more like 25-30%, because creativity takes time. And, again, the media is cheap.

    But, even in the "old media" we need creativity to get customer to not just skip over our ads. It's harder, but it's exciting, too.

    Mike

    Shev Goldstein

    Ummmm, I'm not so sure. Having worked in the Golden Age I find today's marketing to be confusing, overwhelming and intimidating - especially as a consumer. In the past it seemed simpler to get an ad message from one of three sources; radio, TV or print. Of course, in the Golden Age one media would, and could, reinforce the other...and, that was OK both creatively and for me as a consumer. An ad message was presented comfortably, not manically. As I recall in the movie "Amadeus" the King said to Mozart that his last creation had "too many notes." Well, I think we are being bombarded by "too many notes" from the world of marketing. Too many outlets for a clients message. And with everybody trying to get my attention from every conceivable media outlet it's just easier to shut down and not pay an attention to any of them. "Too many notes." It seemed easier to understand the advertising message during the Golden Age then it does now. Of course this is just my opinion, and I could be wrong (as Dennis Miller once said).

    Mike McClure

    Shev:
    That's the beauty of the consumer's having more control. You have the option to only listen to the notes you choose to.

    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