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The Monolithic Blocks of Eyeballs Are Gone
Get ready. It’s a whole new world and it’s basically this…No one is paying attention any more. There’s a marketing crisis in our digital economy that every business owner or manager must adapt to. The ever-present marketing messages are creating this marketing crisis. Consider these facts:
Of course this doesn’t mention brand names on clothes, bumper stickers, sporting events and sports venues, your local paper, and, of course, those “pop-ups” on the web. It’s getting harder and harder to find a little peace and quiet. This fragmentation of the media is making your marketing choices more difficult and more important at the same time. It changes the company/client balance of power by diluting the impact of your message. It empowers the individuals who seek out what they want, when and how they want it. However, it also creates many new opportunities at the same time. Your business needs exposure. Most of the time that exposure costs big money if you want to break through the clutter…all the while leading to more clutter. It’s a “catch-22” no matter how you look at it. The more we spend, the less it works…the less it works, the more we spend. Over the last 30 years, advertisers have increased ad spending, increased the noise level of their ads, and generally found new ways to interrupt your customer’s day. The almost universal audience assembled by network TV has been fragmented. In the 1960s, an advertiser could reach 80 percent of its market with an ad aired on three networks or their affiliates in local markets. Today, that same ad will have to run on a hundred channels to have a prayer. This forces marketers to play an endless game of audience hide-and-seek. The overall theme of the 54th annual marketing conference of The Conference Board was this upheaval in traditional marketing and today’s biggest marketing challenge – cutting through the clutter. A recent study by the Wall Street firm of Sanford C. Bernstein & Co. points out that narrowcast media will grow at 13.5 percent a year through 2010. Meanwhile, traditional mass media will lag behind the GDP (projected at 5.7 percent) and grow at only 3.5 percent. By 2010 marketers will spend more for advertising via “new technologies” ($22.5 billion) than in so-called mainstream network TV ($19.1 billion). That’s all because traditional, and now fragmented, mass marketing approaches – TV ads, trade show booths, junk mail, et al – are losing their effectiveness. There’s a new paradigm that marketers have to recognize and it’s called “Consumer Enablement.” Specialized publications, customized information, peer-proof testimonials, and the Internet have quickly proved how well they work…often in combination with each other. There are three dynamics governing marketing in the postmodern digital world economy. Successful marketers today must: (1) change their focus to customer retention and relationship building, (2) make the move from mass marketing to “micromarketing,” and (3) understand that “image is NOT reality”. | |||||||
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February 2008 Rich Schefren wrote a useful article about this topic. He talked about us suffering from attention deficit, that ones message doesn't get throuh because people are not paying attention anymore. Their lives are too busy and they have just "tuned out" because of all the clutter. If you liked TommyD's article here, you might get some value from Rich Schefren's article. You can find it at www.the-attention-age-doctrine.com or at http://www.strategicprofits.com/doctrinenew/. Jeff
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February 2008 I like this article. Can you expand on the 'image is NOT reality' bit? I think I understand what you're saying here, but don't consumers know this too? They're pretty savvy these days, and it's often about the brand as well as the product. You could argue that image is not reality, but it can reinforce (or damage) a brand... Do you believe in the rule of 7? Perhaps this has encouraged the 'clutter' that you write about? Reply
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March 2008
Sorry I did not respond earlier. I have been involved in a project that has diverted my attention. Please accept my apologizes.
"Image is NOT reality" speaks more to an organizations inability to recognize that what they perceive their image to be is not necessarily what the marketplace perceives. Organizations need to employ tactics such as reputation monitoring and unique client contact to keep in front of their image and with what the world thinks of them. I don't know that I believe in the use of the Rule of 7 but others do and yes...it definitely has contributed to the clutter. Reply
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February 2008 Great article. I attended a marketing breakfast by Drayton Bird last week he shared a related message.... We need to stop confetti marketing (spray gun marketing) as he called it and start to build relationships and truely communicate with customers, prospects. He made the point that much of the confetti marketing we receive doesn't even allow the reader to respond. Targeted, segmented messages which recognise customers/prospects needs and allow customer interaction. I think the more we practice these disciplines - the less wastage. I think we are guilty of this in the "new technologies" - as marketers we need to adhear to the old and tested best practice direct marketing techniques of customised communications.
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