Is there about to be a “Bubble Pop” in the advertising world?

One of the recurring themes by some of the high-level speakers at the 2007 AAF National Convention was the crazy money being spent to snatch up web related ad companies. Another was how to monetize their newley discovered new media vehicle: the web. Yeah, you read me right- they are all rushing to figure out the metrics to quantify the ad buy on the web. Sorry guys- smart advertisers don’t need a third party to tell them if a campaign is working- they get really good stats (much better than Nielsen, the MPA or any other “validation company” ever provided) they have web stats and sales to evaluate.

What is even more sad- was so few of them really had a clue what Web 2.0 is, how it worked, or what it meant to them. Still worried about the silly notion of “control”- they sort of missed the Cluetrain Manifesto back in 1999 while they were busy buying up Web 1.0 companies.

Not only are most ad agency sites not much more than bad brochureware in Flash, most of the excitement about the web is still in an “how do we continue doing business the way we did, only using the web” instead of realizing- your business model is totally broken, start thinking purely about being branded content creators that makes it as earned media- never paid. Yeah, you can try to talk a client into placing ads through DoubleClick- (and get laughed out of the room. Or start talking a language of opt-in, immersive, brand experiences that the consumer builds their personal brand by combining in a unique way.

The endorsers of tomorrow aren’t LeBron James, Oprah or Britney Spears (heaven help us) but every single customer who choses to affiliate themselves with your brand and others- and none of it is under your control.

It’s probably not clear to most people attending the Ad Conference how this post came- since this is a pretty far stretch from most of what was talked about (although I’m looking forward to reading the autographed copy I picked up of Carat Americas, CEO David Verklin’s “Watch This Listen Up Click Here“).

But, this post about a post by Dave Winer- who was the guy who made the cutting edge of Web 2.0 possible (while most other people were still trying to figure out how to install AOL on their computers) about the new digital divide between those who get Web 2.0 and those who don’t:

Dave Winer: “It’s Time for Web 2.0 to Stop Being Exclusive” @ WEB 2.0 JOURNAL
A war of words has broken out in the world of Web 2.0 - between the software developer Dave Winer - who created or was a lead contributor to several of the most popular XML dialects and APIs related to web publishing such as RSS 2.0, XML-RPC, OPML, and the MetaWeblog API - and the founder of O’Reilly Media - the newly self-proclaimed “technology transfer company.”

Winer’s beef? “We need to get all hands involved in what we used to call Web 2.0,” he laments. “It’s time for it to stop being exclusive, and it’s way past time for one company to be controlling who’s supposed to participate.”

Winer’s contention is that events such as “FOO Camp” are harming the greater good, which is to make software easier, better, scalable, more reliable, and more secure, and instead turning Internet technology into an elitist world where it becomes a question not of what you know but who you know.

In Winer’s view, the very future of computing is at stake:

“We need to start doing some real investing in technology, not the BS that passes for technology investing that’s been going on for the last decade.”

In other words, what Winder fears is another Nasdaq run-up, followed by the inevitable explosion:

“But what I do want is to avoid a bloody mess,” he says. “We have work to do here. We have a bubble-pop to avoid.”

Brooklyn-born Winer, who is also the author of one of the first ever weblogs…

The bold italics were added by me- to highlight the big leap ad people need to make- it’s time to start doing real investing in your creative departments, training, molding, challenging your teams to learn how this new paradigm needs to work. It’s time for all of you to get more than six measly pages indexed in Google for your site (like McCann’s site- note McCann bills itself as the largest US agency).

Like it or not, ad agencies today are the buggy whip manufacturers of the turn of the last century. It’s an attention economy, but only for those who understand that it has to be earned, not bought. The more you understand all this, the more Howard Luck Gossage becomes relevant: “People don’t read ads, they read what interests them- and sometimes it’s an ad.”

Well said Howard, too bad you aren’t still here. The bubble’s about to pop, and the sad part is- most won’t understand why.

Is there about to be a "Bubble Pop" in the advertising world?

One of the recurring themes by some of the high-level speakers at the 2007 AAF National Convention was the crazy money being spent to snatch up web related ad companies. Another was how to monetize their newley discovered new media vehicle: the web. Yeah, you read me right- they are all rushing to figure out the metrics to quantify the ad buy on the web. Sorry guys- smart advertisers don’t need a third party to tell them if a campaign is working- they get really good stats (much better than Nielsen, the MPA or any other “validation company” ever provided) they have web stats and sales to evaluate.

What is even more sad- was so few of them really had a clue what Web 2.0 is, how it worked, or what it meant to them. Still worried about the silly notion of “control”- they sort of missed the Cluetrain Manifesto back in 1999 while they were busy buying up Web 1.0 companies.

Not only are most ad agency sites not much more than bad brochureware in Flash, most of the excitement about the web is still in an “how do we continue doing business the way we did, only using the web” instead of realizing- your business model is totally broken, start thinking purely about being branded content creators that makes it as earned media- never paid. Yeah, you can try to talk a client into placing ads through DoubleClick- (and get laughed out of the room. Or start talking a language of opt-in, immersive, brand experiences that the consumer builds their personal brand by combining in a unique way.

The endorsers of tomorrow aren’t LeBron James, Oprah or Britney Spears (heaven help us) but every single customer who choses to affiliate themselves with your brand and others- and none of it is under your control.

It’s probably not clear to most people attending the Ad Conference how this post came- since this is a pretty far stretch from most of what was talked about (although I’m looking forward to reading the autographed copy I picked up of Carat Americas, CEO David Verklin’s “Watch This Listen Up Click Here“).

But, this post about a post by Dave Winer- who was the guy who made the cutting edge of Web 2.0 possible (while most other people were still trying to figure out how to install AOL on their computers) about the new digital divide between those who get Web 2.0 and those who don’t:

Dave Winer: “It’s Time for Web 2.0 to Stop Being Exclusive” @ WEB 2.0 JOURNAL
A war of words has broken out in the world of Web 2.0 - between the software developer Dave Winer - who created or was a lead contributor to several of the most popular XML dialects and APIs related to web publishing such as RSS 2.0, XML-RPC, OPML, and the MetaWeblog API - and the founder of O’Reilly Media - the newly self-proclaimed “technology transfer company.”

Winer’s beef? “We need to get all hands involved in what we used to call Web 2.0,” he laments. “It’s time for it to stop being exclusive, and it’s way past time for one company to be controlling who’s supposed to participate.”

Winer’s contention is that events such as “FOO Camp” are harming the greater good, which is to make software easier, better, scalable, more reliable, and more secure, and instead turning Internet technology into an elitist world where it becomes a question not of what you know but who you know.

In Winer’s view, the very future of computing is at stake:

“We need to start doing some real investing in technology, not the BS that passes for technology investing that’s been going on for the last decade.”

In other words, what Winder fears is another Nasdaq run-up, followed by the inevitable explosion:

“But what I do want is to avoid a bloody mess,” he says. “We have work to do here. We have a bubble-pop to avoid.”

Brooklyn-born Winer, who is also the author of one of the first ever weblogs…

The bold italics were added by me- to highlight the big leap ad people need to make- it’s time to start doing real investing in your creative departments, training, molding, challenging your teams to learn how this new paradigm needs to work. It’s time for all of you to get more than six measly pages indexed in Google for your site (like McCann’s site- note McCann bills itself as the largest US agency).

Like it or not, ad agencies today are the buggy whip manufacturers of the turn of the last century. It’s an attention economy, but only for those who understand that it has to be earned, not bought. The more you understand all this, the more Howard Luck Gossage becomes relevant: “People don’t read ads, they read what interests them- and sometimes it’s an ad.”

Well said Howard, too bad you aren’t still here. The bubble’s about to pop, and the sad part is- most won’t understand why.

Inspiration can come from anywhere- and creativity from anyone

The breakfast speakers at the AAF National Convention today were inspiring- not so much in what they’ve achieved- but in how things have changed and that the size of your ideas is the new currency.

Andy Berndt, co-president of Ogilvy NY, and Jonathan Mildenhall, the VP Global Creative and Communications Development for the Coca-Cola Company sat on the dais- and basically looked at each other and traded barbs- how does a guy who worked at a bunch of small creative agencies get to be the Co-President of Ogilvy? And, how does a guy who worked at a bunch of boutique UK firms like BBH and Mother- end up as a VP at Coke?

And the answer is: having the vision, understanding the new equation, and lastly, being really nice, down to earth guys. Neither of these two were close to gray hair (although Jonathan doesn’t have any- so it’s hard to judge) - but this is far from the gray haired, old school oligarchy that used to rule in Corporate America.

What was even cooler, they let a junior creative- Tristan Kincaid moderate and showcase the work for Fanta. A new campaign that screamed “refreshing” in a way- that wasn’t screaming- a great example of making ads that people would want to watch.

In their discussion about how Ogilvy and Coke WORKED TOGETHER on this new creative it became clear that the middle man account exec is being stripped out of the process by smart marketers- who want direct interaction with the creative team. And, along with this new way of working- they also skipped the client dictated creative brief- and just said- “Solve the problem.”

Andy gave this fantastic quote, to which I can’t attribute yet- “Give us the problem to solve- not the solution to decorate.” More insight on how one of the worlds premier brands is solving their marketing problems.

These guys realized we are in the day where both of the following statements are true:

  • Everything is an ad
  • Nothing is an ad

They are looking for a cultural platform- not an ad campaign, and are willing to look anywhere- and to anyone for inspiration.

Inspiring ideas- inspiring work.

What is your brand strategy? And should it be obvious?

Found this via Ernie Schenck- (who still has no clue what trackbacks are).

And while it’s hip jargon in the stratosphere of advertising to say something like “your strategy is showing” as if that’s a bad thing- I always fall back to Ogilvy’s famous line about the consumer not being a moron- but your mother. Mom understands she’s being sold to- she knows it’s an ad- and strategy or no strategy showing it comes to Howard Luck Gossages classic quote “People don’t read ads, they read what interests them, and sometimes it’s an ad.”

So, flaunt your strategy for all I care- just make sure it’s interesting. I liked the definition of what “creative work should” do- (and note- the spelling isn’t wrong- it’s just a Brit talking)

adliterate: Too damn right my strategy is showing
Creative work should engage people, provide an emotional connection, build memorability, invite people to join the conversation, absorb them in the moment, build emotional desire and all of those wonderful things that it does. But it should also dramatise the strategy.

I can’t for the life of me think why you wouldn’t want your strategy showing unless of course it is so lifeless and limp that 10,000 volts wouldn’t bring the bloody thing to life.

If that is the case then burying it under layers of creative artifice and never speaking of it again is the least you can do.

Our definition at The Next Wave of  strategy is even shorter: Create lust • Evoke trust™ and that’s what drives us. No matter what you do in the realm of marketing- always remember, keep it interesting- no price and product laundry lists, or simple feature lists- not unless you want to pay for those 10,000 volts to keep it alive in the customers mind.

What do you think?

The ingredients of a great TV commerical

McCann trademarked this phrase in 1926, and it’s as important today as then: Truth Well Told ® and it should be a cornerstone of any ad, not just the great ones.

This TV spot from Element 79 Partners in Chicago, is actually one of a series called “Origins” and it will serve us well for an example of what makes great advertising.

https://youtube.com/watch?v=vpfzBMj8T58

Gatorade is a category leader, and may as well have invented the sports drink market. From a leadership position they understand they need to make a connection with their target market- but not beat their chests. This is a key ingredient that car companies would do well to learn. Nobody likes a braggart- and this applies to your advertising as well. They have taken the story of their products beginnings and turned it into a near mythological tale- if you have history, if you have a story, take it and use it.

Up until watching these spots, the connection between Gatorade and the Florida Gators wasn’t obvious to me, it was just a trade name that spurred a whole bunch of other ‘ades- with the exception of the original one- Kool Aid® which totally missed this market segment. (Right now, anything with the word “Gator” in it might hit a sore spot in our home state of Ohio- thanks to two national championship losses to Florida this year). Element 79 has managed to do several versions of this same story- and still keep them different. Unfortunately, I can’t find the other treatments to share with you.

But, the key to realize is that it tells the story, solidifying the category leading position, and can be done several different ways. Both good ingredients.

Another key ingredient is to play with the familiar. This spot uses both familiar music- and familiar sports stars, stories and even the announcer (sorry I don’t have his name).

While hit music, star athletes and well known personalities are all great to have in a campaign, this one does it without making them upstage the product. Although I love Michael Jordan in so many of the ads he did- they often ended up being more about him than the product.

Which brings up the next trick to making a great tv spot: cool by association. In and by itself, Gatorade is just a drink. Once you connect it to the mythos of sport, and particularly championships, you’ve planted a brand statement that speaks to the innermost desires in all of us: the dream of greatness. If you can make someone believe that your product will make them great, better looking, smarter, richer, sexier etc. you have done your job.

Telling your story in :30 or :60 seconds is a major accomplishment. Most TV commercials can’t do a fraction of what this spot does- typically a spot is good if it hammers home one salient point- this one is coup de grace for the category of sports drinks. If you can’t tell your story in your spot- can you at least get their attention and make them curious enough to go to your website?

Budget also plays a part in your formula for a great tv spot. Some of this was archival footage, other parts were shot to look that way- but, always remember, if you don’t have a big budget, go for a big concept (I’ve been told that this is a mantra at Crispin Porter + Bogusky).

The last secret to getting the best results for your TV commercial- put it on your site, put it on YouTube, let as many people have access to it as possible. Let your customers talk about it- discuss it- analyze it (just like what we’re doing here) the days of “controlling” your message are over- your customers are now at the helm. When you post it- remember to add a lot of descriptive text, since search engines have no idea what a video file contains. For this spot we would suggest: The history of Gatorade, Gatorade tv commercial, origins of gatorade, the story of gatorade and how gatorade was part of the Florida Gators sports success - get the idea?

If you have more questions about how to make great tv spots on a big or little budget, or on how to get them seen by the most people- ask us. We’ve got plenty of good ideas on how to make your brand stand out and your message heard.

Advertising feels like gambling for the first time.

One thing that drives me nuts about the advertising business is that many clients still think of spending money on advertising is a gamble. I’ve never felt that way, because, as our motto says “our job is to make you more money than you pay us.” Advertising, when done right, is never a gamble- it’s an investment.

ECHL Kelly Cup 2007 logoSo why am I feeling like a gambler for the first time in my ad career today? Because our client (of late) the Dayton Bombers, are playing game 7 of the Kelly Cup semi-finals tonight- and if they win, we get to do the campaign for the finals and if they loose- we don’t get the job. Money riding on a hockey game- who woulda thought?

As I said, it’s a first. We’ll know more around 10 pm tonight.

Because we believe we have to provide something useful in everything we post- a few tips on making sure your advertising doesn’t feel like gambling:

  • Advertising is a more like a marriage, not like a date. Think about the long term, and invest in campaigns that will have “legs” - a concept, or idea that lasts. Think like Apples “get a mac” campaign instead of Burger King’s one shot “Manthem” (of which more was written about here).
  • Branding is a shorthand for what your company stands for- make sure you think about it in everything you do, from what your employees wear, to how you answer the phone- and then get it to communicate clearly in your advertising.
  • Consumers are getting very smart about marketing messages- never; lie, deceive, or talk down to them- they now have the ability to talk right back and it may come in higher in search than your message.
  • Embrace the Internet, it’s everything you want your best employee to be- if you take really good care of it.
  • The immortal words of Howard Luck Gossage are even more important today than 50 years ago: “People don’t read ads. They read what interests them, and sometimes it’s an ad”- so make your stuff interesting, make it art, make it entertaining- but what ever you do, stop saying things like “make the logo bigger” and start saying- “can we make the idea bigger.”

Hope that helps. Now, all the Bombes have to do is win tonight, so we get to keep building their brand.