What's the future of advertising?

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Miami Ad School | Minneapolis Monday, June 09, 2008 What’s the future of advertising? Creative Commons Attribution & Non-Commercial License Presented by Tim Brunelle

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This is a presentation I gave on June 9, 2008 to the Minneapolis outpost of the Miami Ad School. The topic was "What's the future of advertising?" I question whether we can even define advertising at all today, and offer some different ways of thinking about the industry and a future career in it.

Transcript of What's the future of advertising?

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Miami Ad School | MinneapolisMonday, June 09, 2008

What’s the future of advertising?

Creative Commons Attribution & Non-Commercial License

Presented by Tim Brunelle

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A better question might be

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What’s advertising?

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What makes up advertising today?

_Strategy & Effect_Business models + compensation_Creativity + Ideas_Media_Role of the consumer

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What makes up advertising today?

_Strategy & Effect_Business models + compensation_Creativity + Ideas_Media_Role of the consumer

Each of these categories is fertile ground for radical new thinking that’s redefining the industry.

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Let’s take a brief step back

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1978

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3TV networks

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That world no longer exists

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AWARENESS

ENGAGEMENT

RESEARCH

CONSIDERATION

PURCHASE

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AWARENESS

ENGAGEMENT

RESEARCH

CONSIDERATION

PURCHASE

THEN

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PHOTO: SU-LIN

NOW

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Something is dramatically different with marketing and advertising today.

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That “it” is:

social mediasocial networkingcrowd sourcingbloggingmicro bloggingsharingcommentingembeddinglinkingtaggingpostingratingparticipationconversation

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Business Week (Mar 3, 2008)“Consumer Vigilantes”

“Callaway put his Cingular complaint to music and posted it on YouTube (left) Comcast customer Salup has decided blogs are the best bet for getting action (middle) Dee started firing off e-mails to US Airways brass while waiting for hours on a runway”

That “it” is:

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There’s something there, there.

“...the number of blog readers has jumped to 57 million American adults, or 39% of the online population.”July 2006: Pew Internet study, “The State of Blogging”

Technorati currently states it is tracking over 112.8 million blogs (April, 2007). “120,000 new blogs are created every day.”

21,157 results for books tagged for “social media” at Amazon (April 2008).

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PHOTO: SU-LIN

What’s advertising?

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Advertising 2.0

TIME PERSONAL==

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Advertising 2.0 = TIME

_24/7/365, i.e. The 24-Hour Ad Agency

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Advertising 2.0 = TIME

_24/7/365, i.e. The 24-Hour Ad Agency_Ongoing content vs. Campaign production

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Advertising 2.0 = TIME

_24/7/365, i.e. The 24-Hour Ad Agency_Ongoing content vs. Campaign production_Media is location agnostic, but context centric

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Advertising 2.0 = PERSONAL

_Human voice vs. Corporate

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Advertising 2.0 = PERSONAL

_Human voice vs. Corporate_It’s got to be useful

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Advertising 2.0 = PERSONAL

_Human voice vs. Corporate_It’s got to be useful_It involves. It is inter-active

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Advertising 2.0

MORE WORK MORE $$$==

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Advertising 2.0 = MORE WORK, MORE $$$

_More “advertising” jobs, more tasks, more time_Redefinition of what’s “creative”_Redefining perceptions of scheduling, production budgets, staffing levels and strategic importance

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What should you do to prepare?

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What should you do to prepare?

_Participate+Listen+Acknowledge+Share

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What should you do to prepare?

_Participate+Listen+Acknowledge+Share

_Diversify+Experiment+Elaborate & Mutate+Be fearless

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What’s advertising?

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What’s the future of advertising?

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It’s up to you.

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timbrunelle.com

Creative Commons Attribution & Non-Commercial License