Everyone wants to work for — or own — a successful company. And we are all looking forward to a positive turn for our global economy.
The news, whether from the beleaguered mass media or the intrepid bloggers and Tweeters, continues to depress us with seemingly insurmountable challenges from foreclosures to furloughs to bankruptcies.
It should be obvious that old systems are broken, and business people must figure out how to tap new resources for strategies and tactics that will benefit everyone.
Too many companies — and industries — are wasting money, time and other valuable resources by relying on metrics, customer profiling and science, according to Russell Volckmann, a marketing professional in the Bay Area of California. Russell was one of the five participants in a panel discussion that introduced me and my 48 advertising students at San Francisco State University to the overwhelming upheaval in the world of marketing.
Russell is a strategic thinker, storyteller, and positioner, who has helped entrepreneurs, small companies, Fortune 500 firms, and global organizations tell their stories and build their brands. He is currently the Executive Producer and Creative Principal at Volckmann (& friends), now focusing entirely on branding, visual identity, brand experience.
When Russell hears the cries that “Advertising is Dead,” his first reaction is that advertisers and their agencies are lazy:
They’re not creating branded experiences and other mechanisms that connect brands to people in meaningful ways. Instead, they continue to rely on the same tired old barking ad techniques that they’ve been using for the past 50 years.
“They also continue to rely increasingly on metrics that are decreasingly relevant,” explained Russell who blogs about Brand 3.0.
Since companies use the same metrics, we get the same kind of failed ad campaigns:
We need only look at the auto companies for an example of allowing MBA numbers to drive their business into the ground.
Russel’s new agency offers an 8-point brand audit process:
- Brand Research
- Brand Strategy
- Brand Positioning
- Standards & Systems
- Brand Marketing
- Organization Brand Building
- Brand Extension
- Employee Brand Competency
In addition, Russell is Executive Creative Director at partner agency Origami Tactical Creative & Branding (Montreal-based) now, and helping spearhead the new San Francisco office.
Why is Russell doing branding and branding-related experiences instead of advertising?
In 1965, thirty-four percent of consumers could name a brand advertised on a TV show. Thirty years later, only eight percent could do so. Consumers decreasingly find ads useful, informative, relevant, or differentiating.
Did you know that only six percent of people believe an ad is generally telling the truth? With numbers like these, it is no wonder even established brands are failing.
And with evidence like Russell provides, is it any wonder that our Advertising and Marketing textbooks are “incredibly impractical” as Seth Godin wrote in his recent blog post Textbook Rant. My SFSU students, as well as industry professionals, need to study “Today 101” while organizations that want marketing success — not marketing waste — will need to work with those marketers who are continuous learners.
Next post: Les Ross suggests putting websites on autopilot
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