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On his blog CEO of the American Association
of National Advertisers Bob Liodice crystal balls 2007 and says it’s
all about consumers…again, but marketers will join the C-suite. Also
expect marketing to get wackier, media buying will automate, research
will be king and the whole dice game will modernize and streamline.Fundamental changes in the way marketing programs are planned,
created and executed are expected in 2007.
The following list appears
today in Advertising Age's "Book of Tens." It is the top ten
ways the marketing landscape is likely to be transformed next year, as
forecasted by the senior leadership of the ANA. I will be taking each of these points and expanding on them in the months ahead right here on my blog, so stay tuned.
- Consumer in Control: Marketers will abandon
their historic ‘command and control’ model of brand building in favor
of a truly interactive dialogue with consumers. Recognizing that
consumers now have the power to control how, when and where they
interact with advertisers, brand marketers will radically reinvent
their approaches, putting the consumer in the driver’s seat and
unleashing a tsunami of interactive campaigns across all media forms.
- New Agenda for Agencies: Agencies will be turned
on their heads, with their efforts increasingly tied to client brand
performance. Marketers will expect them to integrate strategic brand
management, creativity and innovative media management – and to deliver
big, game-changing ideas.
- Hail to the Chief: The chief marketing officer
will rise in stature as a C-suite player, not only serving as chief
brand architect and marketing discipline integrator, but also as the
enterprise’s business system innovator, organizational teacher/
motivator and, most importantly, chief revenue builder.
- Unconventional Outreach: Marketing will become
increasingly unconventional – tapping into social networking,
word-of-mouth, local events and more – to break through media clutter,
consumer multi-tasking and the growing cacophony of marketplace noise.
With the use of the internet, mobile and other new media forms,
combined with the innovative use of traditional media, marketers will
find ways to reach and engage reluctant consumers and customers.
- Media Buying Metamorphosis: Media buying and
selling will be transformed. The old, antiquated ways of doing business
will give way to new, automated, highly transparent processes, as
demonstrated by the growth of online media buying exchanges.
- Let the Fighting End: Government policymakers,
consumer advocacy groups and brand marketers will begin to find common
ground, aligning business goals with public policy needs. Marketers
will increasingly embrace their role in helping to advance national
priorities in such areas as diversity, education and health –
proactively addressing such societal ills as illegal drug usage,
obesity, underage smoking, alcohol abuse and others.
- Organizational Overhaul: The marketing
organization will undergo a top-to-bottom reinvention, providing better
professional education and skill-building, with a focus on enhancing
creativity, strategic alignment and, ultimately, brand stewardship.
- Research Renewal: Research will become the next
frontier in the accountability equation. Marketers will insist that
macro measurements (Nielsen, Arbitron, ABC), marketing mix modeling and
brand performance research become far more relevant to and aligned with
critical brand accountability goals. Marketers will be especially vocal
in their desire for granular, brand-specific commercial ratings.
- Blow up the Back Room: Archaic
business systems and back office operations will be overhauled to lower
costs, increase efficiencies and redeploy non-working dollars to
hard-working, productive investments.
- Continuous Marketing Reinvention: Continuous
marketing reinvention will become the mantra of marketing executives
and the cornerstone philosophy for successful brand building,
integrated marketing communications, marketing accountability and the
marketing organization.
(Source: Association of National Advertisers)
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