I received a curious mail today from Campaign magazine. It was soliciting content. so far so good. I skimmed through it and was delighted. They wanted content and towards the end they had mentioned a huge sum of money, almost half a year’s salary for me. I assumed it must be honorarium for the ones whose content is selected. I was thinking, man, these guys are amazing – can they really afford to give away that kind of money to contributors? Didn’t make sense. Perhaps it is a way of cultivating the best talent?
so I read the whole thing – turns out, they are not giving honorarium, they are ASKING for the sum. In exchange, the contributor gets their photo published in the magazine.
This is some weird shit. All this while I thought their business is in getting free content and distributing it at profit. (which I find problematic anyways. Why should any labor be free?) But it turns out, their business is about validating the poor insecure idiots in the narcissist industry of advertising, who seek validation for their expertise.
I understand, for many small agencies perhaps, this is a way of getting noticed by the right people. For a down and out senior person, this is a way of getting back in the game. For a low esteem somebody, it is way of feeling secure about their expertise. and I am sure it is of positive utility to somebody somewhere, the use-case for which I can’t think of now. Nevertheless, what a scam!
The mice needs security and the vulture is selling helmets.
Advertising industry is plagued with this insecure-narcissistic game that drains its people of their money, their time and their esteem. The countless awards, the countless publications, the countless events – what good comes of all that masturbation?
Cannes, One show, Effies – what a fucking waste of money and efforts. It does curate some amazing work, but it is not available freely for all industry folks to learn from, now is it? It is available at a price and not readily usable. The learning, the cases, they are not turned into usable insights, usable learning tools for the young in the industry to learn from, freely. If it is behind paywalls, it is useless. It is unethical to first charge for entries and then again charge for accessing the end product. Its the most dick move ever. In the age of AI, why can’t knowledge gathering digital dust behind paywalls, be turned into an Open advisory for a world where businesses grow more efficiently and people don’t have to weather terrible ads?
I can see the parallel here with the pharma industry – companies that have recipes of wonder drugs that can cure TB, malaria – but won’t give it out to needy people. Well, the comparison is wrong – atleast pharma companies own their own IP, all that award shows do is massage a few egos. Its the most expensive ‘curatorial’ service ever.
Awards might help build agency credentials. But why does a company need new credentials every year? I mean, I don’t see volkswagen or Mahindra spending as large a proportion of their revenue towards awards, as agencies do. No other industry spends as much money on validation as percentage of its revenue as we do.
Look at Publicis. With a year’s worth of spends on awards, they are planning to build a AI assistant for their employees! (Shitty idea, but one must commend on trying to be relevant) I mean they could start new businesses every year with that kind of money, put it to far better uses than advertising awards.
With Unilever, P&G cutting down their ad spends, agencies will have to further tighten their belts. They better start with the awards, instead of employee raises.
Which other industry has so many ‘thought leaders’, so many publications and yet doesn’t move an inch ahead in the game of innovating it’s own value proposition?
What do adage, campaign, afaqs, thedrum etc add to the universe’s knowledge? Not much. These publications regurgitate same points of views over and over again. They keep discussing similar trends over and over again without critical analysis (programmatic is the future, maybe it is not. Native is the future, maybe not. Context is king. maybe not. where is the data to support the hypothesis anyways?) Never have I read an actual original point of view about media/ business/ culture/ consumer in these rags. They are mere propaganda vehicles for ad agencies and its career climbers.
Its quite possible that half the ‘views’ and engagement of ‘famous’ campaigns are generated by people in marketing only – readers of these publications. I suspect, the feedback effect is detrimentally strong in advertising. Shiny, smart ideas get propped up even if it might not be effective.
Lastly, I feel the publications normalise the alienating bubble of advertising. By repeating trends that are not actually trending, by idolising campaigns that are not effective, by giving trophies to agency folks… they are holding back the industry.
Agencies often have fairly smart people. People with ideas. People who can start their own businesses, create things of great value. Instead they get too comfortable by publication powered validations and publication powered point of views. They hold them back in the industry.
Well, I think, advertising people would gain far more if they went to art galleries, tech expos, civic issue seminars, political rallies, academic seminars even etc. There’s marginal utility in going to advertising industry events where you will bump into people exactly like you. (unless you want to network).