Archive for October 14th, 2006

Web 2.0

Saturday, October 14th, 2006

I just read something in MediaPost OnlineSpin (free registration) that floored me.

Web2.0During her keynote presentation at the Association of National Advertisers’ annual conference, Cammie Dunaway, CMO of Yahoo, asked the audience if they knew what Web 2.0 was. Less than 5% of the hands went up.

How can that be? Especially in light of the fact that the conference was all about reinventing marketing and the speakers went on at length about the need to let go.

Maybe most people don’t know the exact definition as coined by O’Reilly in 2004 but they understand the basic concept…right?

Duh! It’s desperation.

Saturday, October 14th, 2006

Not news to me, but it was in USA Today on 10/10.

The average 1970s city dweller was exposed to 500 to 2,000 ad messages a day…Now, it’s 3,000 to 5,000.

Companies are under more pressure than ever to deliver rosy quarterly results, and top marketing executives have less time than ever to prove their mettle. The average tenure of a chief marketing officer at a major U.S. company has declined to 23.2 months, according to search firm Spencer Stuart.

It’s no wonder they’ll sign off on increasingly bizarre ideas.

For instance, a recent promotion for the Paramount Pictures film Jackass: Number Two appears on urinal mats when the mat is hit with a stream of “number one.”

Even conservative Procter & Gamble (PG) has loosened up. It put print ads for Crest Night Effects whitening gel inside women’s restroom stalls — at eye level when the user sits down.

“Marketers are saying, ‘We must be more innovative — to zig when others zag,’ ” says Richard Notarianni, executive creative director of media at ad firm Euro RSCG.

“The industry is desperate to find clever ways to reach people, whether or not it has any legitimate value. … When someone says, ‘Let’s put advertising in bathroom stalls,’ another says ‘That’s great. It’s a captive audience.’ “