
Fast Company featured an excellent article today on The Future of Advertising by Danielle Sacks. Through a lot of research and a series of interviews, Sacks brilliantly lays out out how the ad industry is in the middle of a revolution and model meltdown thanks to digital.
Among many humorous and memorable lines, listed below are some of my favorites from the article.
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“I feel like I’m standing here and there are a thousand baseballs dropping from the sky and I don’t know which ones to catch.”
While campaigns once promised glossy anthemic concepts, perfected before being shipped off to the waiting client, digital is incremental, experimental, continually optimized — “perpetual beta” — and never, ever finished.
“Marketing in the future is like sex. Only the losers will have to pay for it.”
“Digital will fuck you up and the way your agencies are built to make money, staff things, price things,” says the instructor. “You guys have to change your DNA, and you’re going to have tough decisions.”
For someone to come out and say, ‘We think a lot of people can offer great ideas’ means, ‘What, I’m not special?’
Thanks to the Internet and digital technology, agencies are finding that the realization of their clients’ ultimate fantasy — the ability to customize a specific message to a specific person at a specific moment — is within their grasp. It is also one very complex nightmare. After all, digital isn’t just one channel. It’s a medium that blooms thousands of other mediums.
The opportunity for marketers is that instead of having to pay for their message to run somewhere, they can “earn” media for free, via consumers spreading YouTube clips, Groupons, and tweets as if they were trying to saturate their networks with photos of their newborn.
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