Monday, September 28, 2015

Four Marketing and Advertising devices that are actually doomed

Buh Bye
One of the stocks in trade for the folks who work at M&AD is to make fun of clickbait columnists who want to declare a marketing or advertising medium to be Dead. Look around, and you can find people sticking a fork in just about anything that employs pros, from email to display to SEO to individual consumer categories, and so on, and so on. If you are first to declare something Dead, you win!

It's hackery, but it gets clicks and views, so the best you can do is make fun of them and move on.

However, there *are* business models that are closer to this mortal coil than others. And at the risk of belaboring the obvious, here's the ones that we see as not being around in another generation or less.

1) The (printed) Yellow Pages

If you are anything like me, you are kind of amazed this is still around in the first place, since the only thing you've done with it for 15 years is move the book from your doostep to your recycling bin, since there is this thing called the Internet, all while wondering why you haven't called to opt out of delivery in the first place. My children don't even know what this is, and in a world with ubiquitous communication via the Internet, a total market coverage device that's outdated the day its printed just doesn't make any sense.

I get that there are probably direct marketing pros with coupons and spreadsheets that show this is still a winning play and purchase. That math is getting worse every week and every month, and there's no reason to think that trend will stop.

2) Outbound Telemarketing

In retrospect, it's amazing that this ever was an industry, given how disruptive and disagreeable a cold-call can be. While the phone will still be a prime tool for reaching targeted lists and CRM work, the days of trying to reach new customers with little more than a number are going to be blocked and trucked out of existence, even to the point of robo-calling getting the heave ho. No one, other than the people who made a frightening amount of money on it over the years, will mourn its demise.

3) DRTV

This is one of those formats that may be hard for elites to imagine still exists, but remnant broadcast inventory is cheap, and it really does not take much in the way of conversions to make the math work. The problem is that broadcast viewership numbers are just crashing against the Web, especially for youth demographics that make up a sweet spot for many of the products offered. At some point, production costs have to make even the remnant buy a poor purchase, especially when the remnant audience is getting smaller and smaller.

4) TMC Mailers

Unlike many digital pros, I don't believe that all direct mail will go away; there's just too much value in print for establishing brand credibility and integrity. But I do believe that elements of direct mail are doomed, and the foremost among them is the most unwanted. That would be the Total Market Coverage piece, with bundled flyers from your local grocery stores and pharmacies, that's been littering your mail box since, well, forever.

The problem with the TMC is, like the other pieces on this list, is that there is little branding benefit, and spreadsheets that are just going to point in the wrong direction until there is just no reason for it to continue. Beyond the environmental issues, the plain and simple is that some people in a neighborhood are never going to become customers of the stores that have been hitting their mailboxes every week. If you can pull out those dead addresses -- and with the Internet of Things, you will -- there is no reason for these mailers to exist.

You'll still get flyers, but only for the places that make sense. And only the print shops and mail carriers that are going to see less billing will mind.

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