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White elephants, advertising, and interactive and social media marketing

Gnome

Are you pre­pared for the risk?

Today we’re doing our annual white ele­phant gift exchange. It can be a blast if you end up with a nice bot­tle of wine or an iTunes gift card. How­ever, the unlucky end up with gar­den gnomes and REO Speed­wagon LP’s. You never know what you’ll end up with in the end which makes it a lot more excit­ing than secret Santa, where you sim­ply get what you deserve.  The uncer­tainty of how it will end, and the promise of a poten­tially great gift, makes play­ing worth while.

The truth of mar­ket­ing and adver­tis­ing these days is a lot closer to white ele­phants than it is the old days of adver­tis­ing. With the explo­sion of media con­tent and the tools con­sumers have to avoid your mar­ket­ing, you’d be fool­ish to expect every sin­gle effort to be either an unbri­dled suc­cess or fail­ure. There are few oppor­tu­ni­ties to hit a home run and reach a truly mass audi­ence these days – unless you really want to spend your entire mar­ket­ing bud­get on a sin­gle Super Bowl impression.

Let’s just acknowl­edge the truth, there’s a great deal of dumb luck involved in what some­one types into a search engine or browser address bar. It just can’t be con­trolled. Back in the days of pop­u­lar mag­a­zine titles and three net­works, assump­tions were and could safely be made.

I think this means we all have to play. But play with the assump­tion that some­times it’s going to go really well, some­times not so well, and will usu­ally go as expected. And if we bring the right atti­tude and strat­egy to the game, it can be a whole lot of fun trying.

Update: In case you’re won­der­ing, I ended up with a bag of airplane-sized vodka bot­tles. One water­melon fla­vored. They’ll remain in my desk drawer in case of emergency.

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