Ok, i’m a bit late – but hey, i’m busy!
So news broke this week that Online Ad spend had passed TV ad spend – and a year before it was predicted to do so. The IAB published their latest result and you could barely read it for getting past the self-satisfied grins that most of the digital industry broke into. But then in a daring move, Thinkbox hit back (you can tell they are TV look at the rainbow colour palette) saying that was a right load of bull**** cos it included Search – which may not be advertising anyway and if you included all the things TV does then it would be worth more anyways. And so TV wins. So there.
And their dad is bigger than IAB’s dad so ner ner ner ner ner!
And i’m thinking – the consumer doesn’t give a shit about any of this.
What the consumer really gives a shit about is this:
When and wherever they see an ad telling them about some snazzy new product, they go to the store and the sales assistant knows little or nothing about the promise the ad made about said snazzy product, they go on the website and that week the web team chose to highlight a different product, they phone customer service and get told its a web only offer. All of this could be in 15 minutes. So their media spend has been pretty much flushed down the toilet.
So, to be blunt, i couldn’t give an arse that Online or TV get the most spent (and don’t get me going on the whole ‘matching luggage’ approach to most TV<>Web advertising), but i do give an arse that brand owners are essentially wasting money. And lots of it.
The problem that i see is that most marketing and advertising starts when the brief is issued when in fact it needs to start up the food chain at the business problem level. Your common or garden CEO sees this problem – his sales and marketing is not really connected to his commerce in any real coherent way and the analysts keep asking why sales are sliding Quarter on Quarter. And don’t even ask about how his IT department fits into all this.
The consumer just wants it simply joined up and for as long as the marketing and advertising industry is getting its knickers in a twist over who is beating who (Online or TV) for greater media spend then both consumers and brands are losing out.
Oh and this is not some argument to drop all media spend and go ‘crowdsourcing’, far from it. But i’ll leave you with this thought – would £10million be better spent buying space or getting the customer servicing reps joined up with the store staff joined up with the promise of that beautiful ad?


