The End of Theory

by asi

I’ve been thinking about this for a while now. Take some ‘hot’ marketing/branding guru’s recent books like Blue Ocean Strategy , Purple Cow or ‘Zag‘, blend it with a genereous portion of ‘thought leadership’ bloggers like Hugh, Richard, or Armano and the conclusion you most likely arrived at is that we are getting closer and closer to what we can call the end of marketing theory (Alternative titles could have been The End of Bullshit, or The End of Marketing as a Formula)

Let me explain. First, regarding marketing gurus’ books and preaches, Uri wrote a fantastic post about their recurrent flaws/sins: they are full of anecdotal evidence, cliches, highly generalised ‘golden rules’ etc. What’s more, their crowd-pleasing evangelistic writing about new marketing is for a large extant enjoyable hot air, e.g. "when everybody zigs, zag".

Take The Big Moo for example (a hugely entertaining read). Since its compiled of different authors, many different ideas/theories are presented. Now, while the book is truley inspiring there are oh so many inherent contradictions within the book, that a more critical read uncovers the inapplicability of its theories to real life marketing today. There is neither a magic nor a formula for being remarkable. Whats good for FMCG is irrelevant to finance services, whats working for fashion can’t be applied to airlines, the golden rules for beverage is impertinent to technology etc. One great example of my argument is Tobaccowala’s great meme in relation to engagement marketing theory:  “I want my headache to go away. I don’t want a relationship with Tylenol".

But my point is not to undermine these books and authors but rather to argue that in the new lanscapes of media, technology and communications where traditional distinctions between the brand, the product, the service, the message, the values, etc. no longer exist, and where markets are conversations and there are no more secrets, spins and quasi-positioning, there comes the end of marketing theory and the beginning of truth, beauty and value.

“We think the future of advertising is great products that have marketing embedded in them”    (Jeff Hicks)

"There are no secrets. The networked market knows more than companies do about their own products." (Cluetrain Manifesto)

"Really effective marketing will become ‘invisible’ " (Holy Cow)

"Many fundamental ideas are well conceived, but most need to be cut down to size, and separated from the reflexive propaganda of self promoting fads. Out of the rubble and out of the white noise, we can recognise the essence, then carefully select the grains of truth and rewrite a syntax to combine them back into meaningful discourse" (Uri)

Good-bye, Messages. Hello, Social Gesture. (Hugh)

"Stop obsessing about brands and witty taglines.  Start obsessing about people, customers, users, consumers or whatever we want to call them that best fits our context.  Become infatuated with meeting their wants, needs and desires". (David)

and finally (Richard):

Truth

Reading all these and more, you cannot escape a plain conclusion: Its the end of business school marketing and the beginning of value marketing or what you can simply described as be great or die. Now, how to be great? f**k knows…if I had the answer to that I’d be in the Bahamas now with a cocktail in my hand…

The spirit of the revolution is that its the end of formulaic marketing and the beginning of truth, beauty, essense and cause. It’s about finding the value (real, not just what you’d want it to ‘represent’ )or what is great about your brand and then finding the best way to communicate this to your consumers (embedded in the product? through events? your service? the package? your community? and yes, even your advertising? ). And If you cannot find whats really great about you, you’re screwed up anyway…

You cannot just take your cow and paint in purple!