Everyone in marketing during the past 20 years has suffered from – and with –
They-Don’t-Get-It Syndrome. It first afflicted the marketing and media
industries during the initial wave of agency megamergers in the 1980’s,
and became increasingly widespread and painful as the digital era took
hold. A malady familiar to students of business dysfunction, its
primary sufferers are members of evolving industry value chains. You
can tell whether a company has been infected when its executives
routinely profess: “Oh, we get what’s happening. The problem is they don’t get it.”
As
in: “We marketers get what’s happening, but the agencies just don’t get
it.” Or: “We agencies understand the change that’s occurring. But our
clients don’t get it.” Or: “We media companies grasp the transformation
that’s out there. But the agencies and marketers don’t get it.”
During the three years I worked at the management consulting giant Booz Allen Hamilton on a client team serving the Association of National Advertisers, incidence of They-Don’t-Get-It Syndrome increased strikingly. We were doing primary research on the evolution of marketing organizations and capabilities, seeking to codify emerging practices marketers were deploying successfully to drive growth as media, audiences, consumer desires and customer demands were fragmenting. We identified the core capabilities companies needed to shape a “Growth Champions” marketing organization, where the marketing team was the primary growth driver in the firm. And we identified the competencies necessary for Chief Marketing Officers to rise from service provider status to become “Super CMO’s.”
But amid the successes we kept learning about was the insistent drumbeat of “they don’t get it.” So we realized we needed to expand the scope of the research to encompass the entire value chain – marketers, as well as their increasingly necessary partners in growth, agencies and publishers.
Advertising Bureau, and the American Association of Advertising Agencies,
and Booz Allen. The first phase of the study is being released as I
write at the ANA’s annual Masters of Marketing Conference in Ninety
percent of the 250 marketers surveyed or benchmarked said they intended
to grow digital marketing spend; indeed, the study proves that digital
transformation is marketers’ top priority. Yet fewer than a quarter of
all marketers claimed they are currently “digitally savvy,” and cited
as their major obstacles insufficient metrics (62%), lack of experience
in the new media (59%), or lack of organization support (51%).
But unlike most studies that admire the problem and then stop, Media-Marketing Ecosystem 2010 identifies practices, priorities, capabilities, and partnerships that are separating the digitally savvy from the laggards. These recommendations emerged both from the study’s quantitative research, as well as from deep-dive interviews with more than 60 marketing, agency, and media leaders, from a range of industrial sectors – from financial services to packaged goods, from media agencies to creative agencies, from digital pureplay publishers to multi-platform media companies. Among the highlights:
For these reasons, IAB is making the study’s findings and recommendations the centerpiece of a
new development program we are launching: “The IAB’s Interactive Boot
Camp for Senior Marketers.” Our goal is to develop a primer on the
currents of digital marketing, and to show how marketers and agencies
are successfully leveraging interactive media companies’ skills to
drive growth for their clients – and themselves. For marketers and
agencies wanting more than an introduction, IAB will help develop
tailored programs that bring experts from among our 350 member
companies to help train marketing and agency personnels in the new
strategy.
Suffering from They-Don’t-Get-It Syndrome? Take one of these, and emailme in the morning. Seriously: Randall@iab.net.