Bob Garfield wrote a passionate article today about why he thinks Cannes is dead. Although I agree with Bob that many of the ads that have been celebrated at Cannes don’t represent the future of advertising, I don’t believe for one second that Cannes is dead.
The last year has been a rough year in advertising and this coming year is likely to be just as bad or worse, but I don’t feel this has left a gaping void in advertising. It only left a gaping void if you’re staring in the same direction you were last year and the years before that. We’ve all recognized that digital has been a catalyst for a massive change in the way we market, but our industry’s biggest challenge, after dealing with technological and cultural implications of our new wired world, has been learning how to deal with a world in a true global recession. It’s not just our budgets that have been reduced or shifted, but the consumer has fundamentally changed.
Like those that had lived through the great depression, the people that are experiencing this global recession are learning the value of frugality and economic maturity that comes with these experiences. It’s forcing us, as marketers, to evolve our message in conjunction with the way we’re delivering our message.
