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Myths of modern marketing
Tom Goodwin 8 Myths
of Modern Marketing How we can stop being stupid
Understand Change In
The World That Matters
You get copies
of this
2006 ish
The Internet Created
Self Doubt
Things are changing
faster than ever before. Myth #1
Disrupt or Die
!!!!! What’s your blockchain strategy?? X is Dead !!!!
USA - Average
Hours per Day Spent Doing Various Things
So relax a
bit and focus on what matters. Myth #1
Things are more
complex than ever before. Myth #2
It’s not fragmentation,
it’s just a internet connected screen
So relax a
bit and focus on what matters and what’s not changing Myth #2
Things are more
VUCA than ever Myth #3
Global- Average Daily
Media Consumption Crazy times?
Covid in particular,
has taken everyone by surprise.
TV on the
cyberweb?
Who could have
seen this coming?
So relax a
bit and think about what you can reasonably predict happening (or not happening) Myth #3
People want conversations
with brands. Myth #4
List the brands
you bloody LOVE!
List the brands
you regularly buy
Empathy is vital. It’s
not cynicism, it’s a vital design parameter
Know your place. Myth
#4
Brands are dying Myth
#5
46 Brands are worth
more than ever
Scott Galloway. 47 “Businesses have
mistaken choice as a good thing. Consumers want less choice, but more confidence in them”
We don’t LOVE
brands but brands are more vital than ever Myth #5
Shorter attention spans Myth
#6
Context and Quality
not duration. Myth #6
People are hard
to reach Myth #7
The mystery of
the world’s uncontacted tribes
People are not
hard to reach They are hard to engage Myth #7
Data Driven Marketing
is the future Myth #8
How many brands
do you own?
How many brands
do you own? How many Ads have you clicked on?
How many brands
do you own? How many Ads have you clicked on? Clicks are utterly useless.
People want personalization People
don’t like irrelevance
Wastage is bad Wastage
is awareness, jealousy, cultural capital, confidence & the future.
You can’t build
brands with performance ads. Not if you do it like we have done
Focus on what
matters. Do simple things well. Best time ever to work in Marketing
tom@allwehaveisnow.co
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