Marketing in – and to – the New World Order.
Posted by: admin in marketing, Random Stuff, tags: bailouts, forecasts, in, out, trends, Wired MagazineA lot of folks would have you believe that the inauguration of Obama heralds the dawn of a new Age. Fiddlesticks. I’ll tell you what hearkens to a new age – the global financial meltdown. With gasoline here in Amarillo hovering at $1.65 a gallon for the last week or so (and likely to head lower, if you believe the forecasts), financial markets in turmoil, and the stock market circling the drain, it’s a Brave New World out there. So what’s a marketer to do?
Frankly, like everybody else, I’m feeling my way here. But I can give you some insight as to what’s changed, so with a tip ‘o the Captain Digital helmet to Wired Magazine, here’s a guide to what’s in and what’s out:
| OUT | IN | |
|---|---|---|
| no-money-down loans | high credit scores | |
| charge it! | lay-a-way | |
| new cars | used cars | |
| credit card debt | pay as you go | |
| big ad campaigns | guerrilla marketing | |
| newspapers | websites | |
| lavish gifts | family gifts | |
| Black Friday | Black Tuesday | |
| minor recession | Great Depression | |
| government bailouts | tough love | |
| GM, Ford & Chrysler | Toyota, Nissan, et all | |
| Unions | Right-to-work | |
| golden parachutes | $1 CEO salaries | |
| reorganization plans | prepackaged bankruptcies | |
| spending | saving | |
| finance charges | early payoffs | |
| eating out | dining in | |
| HD TVs | TV dinners | |
| planned obsolescence | repairing & making do | |
| upgrading | maintaining | |
| date night | mac ‘n cheese night | |
| designer clothing | consignment shops | |
| exotic vacations | stay-at-home vacations | |
| $4/gallon gasoline | $1/gallon gasoline | |
| E-85 & Hybrid cars | Gasoline-powered cars | |
| gun control | semi-autos & AR15s | |
| secular humanism | Christian values | |
| RINOs | Sarah Palin | |
| tax increases | rebates & tax cuts | |
| entitlements | self-reliance | |
| economic theories | common sense |
So what does this mean to your marketing? Depends on the client. If you’re a marketer, it’s your job to start helping your clients realize that it’s a new world out there, and you can’t think “business as usual” – if they expect to survive. If you’re into retail, start emphasizing Lay-a-way over credit. If you’re in the luxury goods biz, start thinking about bolstering your lower end lines. If you’re in a market that’s sporting a trend, follow it.
That’s my advice. I’m sure there are other trends out there I haven’t touched on, but I think you get the idea. Keep your heads low, your eyes and ears open, and keep those track shoes on. You’re gonna need ‘em.





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