Showing posts with label failure. Show all posts
Showing posts with label failure. Show all posts

Friday, 19 October 2012

Advertising will fail for three reasons:



There are three problems with advertising in any form, whether broadcast or

online:

Consumers do not trust advertising.

Dan Ariely has demonstrated that messages attributed to a commercial source have much lower

credibility and much lower impact on the perception of product quality than the same message

attributed to a rating service. Forrester Research has completed studies that show that

advertising and company sponsored blogs are the least-trusted source of

information on products and services, while recommendations from friends and

online reviews from customers are the highest.

Consumers do not want to view advertising. Think of watching network TV news and remember that

the commercials on all the major networks are as closely synchronized as possible.

Why? If network executives believed we all wanted to see the ads they would be staggered, so that

users could channel surf to view the ads; ads are synchronized so that users cannot

channel surf to avoid the ads. Consumers do not need advertising.

My own research suggests that consumers behave as if they

get much of their information about product offerings from the internet, through

independent professional rating sites or community content rating services like


www.ratebeer.com/" http://www.tripadvisor.com/"

Sunday, 14 October 2012

Consumers Are Fed Up with Corporate Advertising & Manipulation

Consumers Are Fed Up with Corporate Advertising & Manipulation

Today, the New York Times reports on a new poll showing that a majority

of Americans are fed up with the hailstorm of advertising we all

suffer through. According to theYankelovich Partners poll:

* 65 percent said they believed that they "are constantly bombarded with

too much" advertising; * 61 percent agreed that the amount of advertising

and marketing to which they are exposed "is out of control"; * 60 percent

said their opinion of advertising "is much more negative than just a few

years ago"; * 54 percent of the survey respondents said they "avoid buying

products that overwhelm them with advertising and marketing";* 69 percent

said they "are interested in products and services that would help them skip

or block marketing;"





The Times story is below.

As the kingpins of Madison Avenue gather for a major annual meeting,

there is further evidence of the growing challenge they confront in seeking

to break through the cacophony of advertising that surrounds - and

increasingly annoys - consumers.

At the 2004 management conference of the American Association of

Advertising Agencies, which begins today in Miami, senior executives will

learn the results of a survey of consumers conducted on behalf of the

organization by Yankelovich Partners, the market research company. The

survey, to be presented tomorrow at the opening general session of the

conference, shows that the effectiveness of campaigns that agencies produce

for marketers is deteriorating, said J. Walker Smith, president at

Yankelovich, because

The survey findings are significant because industry executives

are frantically searching for ways to forge more emotional connections

with fractious, and fractionated, consumers that differ from conventional

methods like running 30-second television commercials and print

advertisements.

The risk posed by some of the new approaches, like placing sponsored

brand messages or products in the entertainment content of programs

or publications, is that consumers will consider such selling strategies

even more obnoxious.

"People have a love-hate relationship with advertising," said Mr. Smith,

who offered a preview of the survey in an interview before the conference

began. "But a far greater percentage are saying they have concerns,

primarily related to its growing obtrusiveness."

For instance, Mr. Smith said, 54 percent of the survey respondents said

they "avoid buying products that overwhelm them with advertising and

marketing"; 60 percent said their opinion of advertising "is much more

negative than just a few years ago"; 61 percent said they agreed that the

amount of advertising and marketing to which they are exposed "is out of

control."

Also, 65 percent said they believed that they "are constantly bombarded

with too much" advertising; and 69 percent said they "are interested in

products and services that would help them skip or block marketing."

How to market an antimarketing product to people surfeited with

marketing? Ah, there's the rub.

Even when fewer than a majority of the survey respondents agreed with

a statement, Mr. Smith said, the results offered little solace for

agencies. For example, what he called a "fairly significant" 45 percent of

respondents said the amount of advertising and marketing they were exposed to

"detracts from the experience of everyday life," while 33 percent said they

"would be willing to have a slightly lower standard of living to live in a

society without marketing and advertising."

The results also offer some suggestions, Mr. Smith said, to help narrow

what he described as "the growing gap between how consumers want to

be communicated with and the way advertisers communicate with them."

For example, respondents said "there's an opportunity for advertising to

become a source of competitive advantage for a brand," Mr. Smith said, "if

it's focused on product features and services." "The marketing itself has

become part of how consumers view a brand," Mr. Smith said, "so if you have

two brands at parity with each other, more and more the one people are likely

to do business with is the one that does a better job in reaching them with

its advertising."

The association, which represents 1,196 agencies that place an estimated

75 percent of all national advertising, recognizes it must address

the consumers' changing attitudes, if some other topics on the conference

agenda are any indication.

Among the subjects to be discussed at the conference, which

continues through Friday at the Ritz-Carlton South Beach hotel, are

"advertising in the age of obesity," the title of a speech by Tommy G.

Thompson, the secretary of health and human services, and how agencies can

develop more effective campaigns, to be covered by August A. Busch IV,

president of Anheuser-Busch.

Other topics are how agencies can create campaigns consumers will like

more, or at least dislike less, to be discussed by Linda Kaplan Thaler,

chief executive and chief creative officer at the Kaplan Thaler Group in New

York, part of the Publicis Groupe, and how perceptions of the agency business

need to be improved, to be addressed by Ron Berger, elected last month as

the chairman of the association for 2004-6.

"Our industry must do a better job of talking about the tremendous value

we create for clients and the economy," said Mr. Berger, who is also

chief executive and chief creative officer at Euro RSCG MVBMS Partners in

New York, part of the Euro RSCG Worldwide division of Havas.

Although "the last few years for the industry have not been great

ones," said Mr. Berger, who offered a preview of his remarks in a recent

interview, "I just don't think other industries beat themselves up the way we

do."

Even if, as has been widely discussed, the traditional 30-second spot

has devolved into a much less effective way to sell goods and services,

Mr.
Berger said, "so what?"

"The great agencies don't say, The 30-second commercial is dead, so

we're dead. They understand that, and embrace that, and will reinvent

themselves and what they do to market brands and products."

"The idea that TiVo, remote controls, any technology, is fatal to

our business I find absurd," he said. "The opportunities of technology and

what it enables us to do are more exciting than at any time in our

history."

Mr. Berger's enthusiasm may be contagious, if judged by the

advance registration for the conference, typically a good gauge of how

optimistic or pessimistic agency executives are about prospects for the

industry.

Almost 330 people have registered ahead of the conference, said O.

Burtch Drake, president and chief executive of the association, known as the

Four A's, compared with the 257 who attended the 2003 conference and the 293

at the 2002 conference.

Although the anticipated attendance is lower than for the boom year of

2000, when 450 people attended, Mr. Drake said, "we're going to have the

largest member attendance since 1990," which is attendees minus

speakers, representatives of media companies and other organizations like

the Association of National Advertisers, spouses and reporters.

"I'm feeling really good about the meeting," Mr. Drake said, "finally."

Thursday, 29 April 2010

Shopper's Voice Global Report

A. The Global Ad Industry grew by 7.2% in 2008 to reach a value of $90.8 billion.

B. Food, Beverage & Personal/Health Care segment generated 23.7% of the Global Advertising industry's overall revenues.

C. If Marketers are counting on their agencies to lead them into a world of changing consumer behaviour & media habits, they should think again, only Shopper's Voice is positioned to do so!

D. Online research, don't confuse more with better. In too many Companies online research creates an illusion of rigor while actually sowing confusion about Market truths. Using Shopper's Voice is the best way to go.

Contact: paul.ashby@yahoo.com

Wednesday, 10 January 2007

Please don't shoot the messenger!

Lets take a look at to-days papers and see what, if anything, they have to say about advertising….

Yup, here’s something that appears to support my position.

"In a world that’s full of bull and kipple, it’s time we were told the simple truth.

…Branding for example, often you see two brands of toothpaste or two brands of paracetamols, or anything like that, just buy the cheapest. It’s all exactly the same stuff!"

"Kipple is the word the writer Philip K Dick coined to describe the ever-growing tide of mental rubbish that clutters the world. Kipple is, in a word, rubbish.

What is kipple? Where is it to be found? Kipple is everywhere.

Kipple is the advert that tells you a fizzy drink is a statement about yourself. It is the cold caller saying you have won a competition you never entered, the friendly bacteria, the meaningless graphic in the shampoo ad, the "clinically proven" miracle face cream…."

AND THAT’S THE PROBLEM I KEEP RETURNING TO – THEY DON’T TRUST ADVERTISING OUT THERE!









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