Cannes

The Conference Imperative.

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As I write this post, a few hundred of our industry’s best are at Dmexco, which folds right into New York’s Advertising Week which – before you know it – turns into CES and SXSW and Cannes and …. You get the picture. But it’s not just the big tent-pole gatherings; there are scores of smaller meet and greets peppered throughout the year from the likes of Digiday, ad:tech, iMedia, Digital Storytelling and even Upstream Group’s own Seller Forum. In a recent MediaVillage post, the value equation/boondoggle-factor of such events was briefly questioned.

Yet even as “can you believe how many events there are these days?” remains one of the most popular cocktail topics (at these very same events) the market value of human gathering is beyond question. Simple economics tells us so. If sponsors and attendees weren’t willingly ponying up the cash, many events would simply wither and die off. Yet here they are – again – blooming like dandelions. I’ve got a theory about why.

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The popularity of human focused events has grown in direct inverse proportion to the decline in day-to-day human contact between people who buy and sell stuff. In other words, the more that “connecting technology” – email, voicemail, texting, hangouts, shared documents – keeps us physically apart, the more we crave the handshake, the few minutes of eye contact, the nod of the head. Bitch all you want about whether a given event was “worth it” or not, human contact is at a premium and we will continue to pay that premium.

Now…to get your money’s worth out of any given event…

1. Have a plan. You’d be surprised how many people and companies don’t. Who do you aim to meet? How will you structure your time? Can you secure a formal or informal meeting spot? If you just show up, you’re just part of the crowd.
2. The first shall be first. As you attend parties or panels, get there first. Hosts and panelists remember the early arrivals. Then leave a little early to get a jump on the next one. No one will miss you at that point.
3. Spread out. People from the same company often stick together at conferences like 7th graders at the first middle school dance. If there are two of you in every conversation, one of you is irrelevant.
4. Write shit down. Give out a hundred business cards and collect two hundred. After each exchange, scribble a note on the back of a card. If someone doesn’t have a card, ask to take picture of their name badge with your phone, then text a copy of the photo to yourself with a short note. No matter how important the conversation or the customer, the connections are ephemeral unless you make sure they’re not.
5. Marketing, meet Sales! So often marketing and sales live in silos. Marketing buys a sponsorship and a bunch of passes to an event and then doesn’t get confirmation from sales about who’s attending until a few days before. Wasted dollars, wasted opportunity.

Human-to-Human matters more than ever. Make it count.

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Ad Blocking and True Things.

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Ad blocking and True ThingsI’m not in Cannes this week, but I’m following the news and views from here on the rocky coast of Maine.  Like this recap of the ad blocking panel led by IAB President and CEO Randall Rothenberg.  I paid particular attention to this one because in the recent past I’ve admired Randy’s full-throated call-out of ad blocking companies as pirates, parasites, extortionists and worse.  In defense of publisher revenues and security, he goes full Heisenberg, and that’s as it should be.

The Cannes panel — “Block You: Why World Class Creativity Will Obliterate Ad Blocking” – focused not so much on the miscreants of ad blocking, but on how the Don Drapers of the world will begin rendering ads that are so targeted and creative and desirable that ad blocking will be rendered moot.   The tipping point – highlighted in the article’s headline – is the abomination that is the current state of mobile advertising.  Whatever problems we had on the desktop will only get much worse as attention and time shift to the smallest screen.

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Two things can be true at the same time:  yes, ad blockers are opportunistic d-bags and yes, we also need to do a better and more imaginative job of helping marketers engage consumers regardless of what screen they’re glued to.  But since we’re doing all this truth-telling, let’s add a couple more.

True thing number three is that ad blocking is just one of the many symptoms of a digital ad business built on the flawed premise of unlimited supply – the idea that more ads in more places is always part of the answer. As I posted in this space last October, we’ve had 20 years of infinite growth in page views, ad calls and impressions, and today none of it’s all that impressive.  Today’s business is plagued by non-viewable impressions, fraud, ad blocking and the perception of agency sleight of hand that drove the recent ANA/K2 Transparency report.  It might just be time for us to consider a business that leverages scarcity instead.

The final true thing is that the answer to too much advertising isn’t just better advertising. I’ve argued that we’re entering a fundamentally new era in which ‘advertising’ has become a low-value cost center – a commodity whose expense is to be managed by unsentimental procurement people.  It’s not time to fix advertising; it’s time to reinvent our approach to creating value for marketers and consumers…to work with the entire palette of marketing disciplines and tools.

The day we all embrace post-advertising strategy and creativity is the day ad blocking becomes completely irrelevant.

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