Monday 29 June 2015

Why Won't Broadcasters Fight?


The great Dave Trott has distilled the essence of effective marketing strategy into two words -- predatory thinking.
"Predatory thinking is ruthless and aggressively focused on beating the competition."
Predatory thinking is not for the timid or the fearful. It is not for the fat and happy. Is not for those who have forgotten how to defend themselves.

It is not for the U.S. broadcasting industry. Our broadcasting industry refuses to fight.

In the past few years, I have had the opportunity to speak to several broadcaster groups. They are good, well-meaning people. But they don't get it.

They know they are getting their asses handed to them by the online ad industry. They know the online ad industry is very vulnerable on many fronts. But as I wrote a while back...
"(The online ad industry) have the press in their back pocket; they have ad agencies pimping for them. But broadcast(ers)... are pathetically unprepared for this fight. They haven't learned that if they don't tell their story, no one else will."
The broadcast industry is so used to printing money (in their heyday some had margins of 60% and higher!) that they seem to have decided that a permanent posture of aggrievement is a substitute for a fight. 

They are being taken to the cleaners by hyper-motivated digital evangelists who understand what predatory thinking means.

It's not as if the broadcast industry doesn't have a good story to tell, they just don't seem to know how to tell it.

It's not like they don't have the resources to tell their story, they just refuse to use them.

It's not that they don't have a killer weapon, they just don't recognize it.

It's not that the broadcast industry isn't doing a good job of implementing their strategy, they don't even have a strategy. 

The longer they allow the online ad industry to convince impressionable marketers and clueless agencies that broadcasting is dead or dying, the closer they are to enabling those fictions to become facts.

I have no dog in the fight between traditional and digital advertising. I don't care who wins or who loses.

But I bought a ticket and I want to see a good fight. All I'm seeing is one lean and hungry fighter and one overweight punching bag.

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