Saturday 5 January 2013


 

Wake Up Marketing - Face the 21st Century




 

 

 

Your innovation-averse culture must go!

Marketing and advertising are on the slide. When will these once great

businesses confront reality and fight back? Because at the moment both

Advertising and Marketing have become innovation-averse cultures! Both

professions are risk-averse, innovation-averse and antipathetic to new

ideas.

Worse than that they are totally lacking in accountability because those

given responsibility do not have the requisite authority and knowledge to

discharge it.

So what's behind the decline and fall? Most certainly a sclerotic marketing

system that doesn't have the power to re-examine the need for massive

re-evaluation of the process of advertising and marketing. It's antiquated,

early 19th Century concepts do not work, (if they ever did!) they still do not

have any true accountability.

It may be that the future scholar identifies Advertising's sclerotic, twisted

concepts of communication as the biggest business weakness of all.Simply put.

An early 19th century concept cobbled together by a small number of

opportunistic men cannot properly function for the Western world at the

beginning of the 21st century. The current system of Advertising &

Marketing is an anachronism.

Among business people cynicism about advertising ability to deliver grow, now

with the advent of the Internet, this can only increase this cynicism.

The twin challenges to advertisings' 60-year old hegemony are enormous. The

first is a total misunderstanding of the word "communication" and a misplaced

belief that "creativity" is the sole criteria for the success or otherwise of

advertisings ability to sell products and services. Secondly there is a broad

global trend towards the internet together with the frightening inability of

advertising to be totally accountable, in the case of the latter just how long

can this stupidity last? Just when does Marketing dare to balance the

budget?

It could well be that the future business scholar will identify marketings

sclerotic, twisted business decision-making system as the biggest weakness of

all. Put simply an early 19th century business concept cobbled together by a

small number of business men cannot properly function for the West as the

number one business method for the 21st century. To-day it can be said that

Advertising and Marketing are an anachronism which is why so many articles

abound as to the way advertising is going. Nowadays some senior executives call

trust the scarcest resource of all and marketing enhances such an attitude!

It has been said that Marketers are stuck in a world between the old rules

and the new rules. To deal with the new rules of changing media, technology and

consumer behaviour, many marketers delegate emerging marketing solutions to a

handful of external partners or internal 'experts'. In doing so, they have

enabled the rest of the organisation to behave much like it did ten years ago,

clinging to the old rules!

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