DESIGN SPECIALISM (Week 6)

How Social Media Has Radically Altered Advertising

That Was Then

·         An explosion of mass, controlled, “broadcast out and shout" communications was changing the face, function and finances of advertising.

·         Creative people started seeing short-message story telling as a valued currency just as creative departments promoted collaboration between art directors and writers.

·         TV production departments also grouped together producers, directors and technical specialists into collaborative teams.

·         The client/agency relationship deepened as agencies took on proactive roles. Research also changed, and put more emphasis on measuring both the rational and emotional components of messaging.

The Seeds of Disruption

·         While TV ushered in a new era in advertising, the business aspect evolved and reshaped itself along relatively predictable lines.

·         All of that changed with the Internet, social media, and the rise of mobile devices.

·         This quote from Jim Farley, the CMO of Ford, sums up the sentiment in most C-suites today: “We want to take that stupid little box we were forced into as advertisers, blow it up, and change the way we interact with the customer, and we want it to be around the experience."

This Is Now

·         Marketing has traditionally focused on the four "Ps"

-          Product

-          Price

-          Place

-          Promotion

·         Social media has morphed into the fifth and possibly most important “P” is People.

·         A people strategy is at the center of today’s dynamic and fluid social marketing mix.

·         John Janitsch of Duct Tape Marketing has another take on the four Ps, and has turned them into four Cs for the social age

-          Content

-          Context

-          Connection

-          Community

·         A people strategy is much broader, deeper and more profound than consumer targeting. It involves listening to and engaging with everyone who can touch or influence current and potential customers at all stages of brand interaction. “The social media revolution is less about "we the people" and more about "me the people," Pulver said.

·         Social media has changed the way people interact amongst themselves and with their media.

·         People play multiple, sometimes simultaneous, roles as receivers, creators, critics, advocates, transformers and transmitters of messages.

This Is Why

·         A “Me the People” mindset changes the way companies strategize, organize, monetize and commercialize their business.

·         The stage is set. In 2010, social media has introduced the advertising business to its next big disruption.

·         But this time the state of the advertising business is quite different.

·         Advertising is struggling to recapture relevance. It is mired in murky fee-based compensation systems, dealing with loss of control and trying to keep up with the accelerating pace of media dispersion.

A Much Needed Mindset Shift

·         For Madison Avenue to make it through this change and emerge stronger there has to be a mindset shift away from deficit-based, downside thinking to asset-based, upside thinking.

·         Madison Avenue needs to embrace the power of letting go, reaffirm core values that maximize the potential of what is working and experiment with new models. Here are five suggestions for that “up” mindset shift:

Lighten Up. Stop lamenting the end of advertising as we know it. Celebrate the emergence of advertising as the consumer wants it and as it was meant to be — the art of one-on-one persuasion.

Listen Up. Take Chris Brogan’s advice. Grow bigger ears and become an expert at listening to what people feel. Value response and engagement skills as much as creative abilities.

Loosen Up. Get comfortable with giving up control to gain confidence and traction with clients and consumers. Client relationships ought to be rooted in trust, transparency and creative programs that are built on a strong positioning and responsibly deliver what is promised.

Ladder It Up. Embrace “collabetition.” Resist the urge to say “we can do it all” and openly collaborate with like-minded competitors to add value to an idea or program.

Live It Up. Everyone at an agency has to immerse themselves in the “social circles” in which consumers live and move everyday. Observation and understanding have been trumped by participation and engagement.

·         Advertising is an art, made up of ideas that can move and persuade people.

·         Technology, digital tools and metrics are useful but they cannot come up with those ideas for you.

·         Energize creatives to go beyond just making ads. They should become masters of sustained transmedia storytelling. Involve media people at all levels of development.

·         Lastly, invite consumer participation in the creative process through dialogue, inclusion and experimentation. Wisely directed user-generated content and crowd sourced ideas can be a huge asset.

·         Ultimately, I believe that the advertising business is ready to enter its next golden age.

·         An idea can turn to dust or magic depending upon the talent that rubs against it.”

Poster Sketch 1

Computer Tryout