The ad industry’s midlife crisis?
Recently, I’ve come across some articles about the ad industry having a sort of midlife-crisis. This is an interesting notion, as this would premise that advertising as such has a natural life that has to come to an end at some point. And after so many people already having screamed “Advertising is dead,” I am now confused it isn’t. It’s just a mid-life crisis? Folks, get our vital signs right! Also, to follow the metaphor, what exactly is the proverbial “Porsche” in Advertising’s “mid-life crisis”?
Joking aside, just 2 weeks ago Germany’s Frankfurter Allgemeine Zeitung painted a critical picture of the industry and mentioned that ad professionals have hard time reinventing themselves and their business model.
Just like a balding 45 year old in a track-suit with disposable income looking for a souped-up convertible to feel better about himself, advertising lacks purpose.
Today, I read Warren Berger’s take on the Bogusky situation “Maybe the Midlife Crisis Isn’t Bogusky’s?“. Being American and a bit less cynical that his German counterpart, and using the crisis as an opportunity, Warren states that agency professionals (just like Bogusky, but without the massive payout) have been looking for deeper social meaning and context for their work ever since digital technologies have put public opinion (and advertising itself) in the hands of the people. But more interestingly, Berger also makes some nice observations that in fact remind us what the real story is:
The second part of the story suggests to me that some client companies are perhaps still a bit thin-skinned when it comes to having any kind of candid discussion about serious issues. Which in turn suggests that these companies are living in the past — in a pre-social networking era when they could actually still control the public debate.
Ok. To anyone working in an ad agency, this is a pretty shared (even though somewhat of a subjective) sentiment; still, thanks for saying it on Adweek, Warren! And, by the way, this answers my previous question of what the “Porsche” is in the “advertising mid-life crisis”: Affording yourself the irresponsible, ineffective and inefficient luxury of lolly-gagging around when it comes to changing your business model, dragging your heels on changing your creative product and pretending you still live in a brand era. However, I would say this is still true for clients and agencies alike. Dependency on short-term quarterly planning, lack of deeply thought-out foresight and interupted implementation of long-term vision apparently makes it hard to think about a more efficient, unsexy hybrid car when you can still afford the 911. You won’t be able to afford the gas in a couple of years, but hey, »Après nous le déluge«.
Hence, Warren continues to point out that the ad agency’s deliverables should change: product design, launching community initiatives, revising corporate policies, etc.
Or, as we would tell our clients: We want to help you doing things, instead of just saying things. Things that create value exchange, not messaging.
For that to happen though, the role and creative product of agencies have to change. And right now, it’s a a bit of a chicken or egg problem: a) Agency leaders have to really put their money where their mouth is, and enable their shops to actually deliver a creative product that does things with people and instead of milking a defunct business model of creating messages, while b) clients have to become more confident in matters of understanding true human behavior and consequently need to start paying their agency partners for creating purpose-driven initiatives that create a qualitative difference in people’s lives. Result of this catch-22: if agencies don’t offer it, clients can’t buy it. If clients don’t buy it, agencies can’t build those competencies.
So instead of wondering what’s first, chicken or egg, all parties should focus on the chick everyone has been talking about hatching: people-driven brands that have a human purpose, not a promise. Experiences that are authentic, not tagged-on target-audience sentiments that muddy a brand’s expression more than enable a true value exchange. If both clients and agencies came together on this simple observation, Warren’s finishing paragraph would actually not be that utopian:
It might even allow the ad agency to claim some of the moral high ground as it plays a greater role in guiding companies to do the right thing — not just for themselves, but also for the world at large. Is that an overly ambitious and idealistic vision of the future of ad agencies? Maybe. But hey, when you’re having a midlife crisis, you’re allowed to dream big.
Damn right you are. It’s what you signed up for.
In fact, there are enough examples of behavior-based and purpose-driven brands out there that show it’s not utopian to steer clear of a type of cookie-cutter advertising that is either crass exhibitionsm or bland commercialism or teary-eyed sentimentalism, but rather enable human behavior in a way that works for brands and people alike.
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