You would
think that I am biased towards shifting to digital marketing since my core
business and experience is in the space. I’ve been developing digital marketing
strategies and monetizing social media since its inception. However, my tenure
at Variety Magazine proved to me a valuable lesson in traditional media. That
there is significant value in utilizing our most underwhelming sense in
advertising: touch.
While our
team was working frantically to create engaging, disruptive digital advertising
phenomena to satisfy our clients with video, high-tech graphics and gameifying
initiatives, we consistently found ourselves hitting a brick wall. The CMOs and
heads of marketing for various clients such as Major Film Studio X and Global
Production Company Y (no need to expose the culprits as they all partake in
this practice) would still have their eyes glued to their hands in the form of
tangible advertising.
Call it
nostalgia, call it product life cycle, call it whatever you want. The reality
is that the people with purchasing power for these marketing departments value
advertisements that they can hold in their hands; ads that don’t disappear into
thin air as they Yelp their dinner reservations.
I am
curious to see how this behavior shifts as these executives age out of the
industry and younger, more tech-savvy Gen X’s take their place. But until then,
the reality is that large traditional consumer-facing companies will prefer
print advertising over digital, and the majority of their ad spend will reflect
as such.
No comments:
Post a Comment