And this is how the internet upstart will become the new advertising behemoth. Because platforms like Twitter, Facebook and Youtube have given the ‘armchair critic’ a complete makeover, the online factors in two-way communication between brand and consumer, and between consumers themselves. Brands can grow organically through not just word-of-mouth, but the words of many, many mouths.
And both people and companies do listen to this digital media democracy.
In between jibes at Microsoft’s falling market share, Andrew Pickup, chief marketing officer for the technology giant, mentioned that all media “will eventually be digital”, and that the term ‘digital marketing’ will learn to enclose all aspects of marketing.
But for all the social media hype, not all present at ad:tech were entirely convinced. A question posed during the Q&A section addressed the concern of advertising returns from digital and interactive spend. But the speakers weren’t too worried about that; focus on building relationships with customers, they concurred, and the cash will eventually come.
Digital media, to them, might still be in its infancy, but it doesn’t take baby steps forward; it goes in leaps and bounds.
This event was attended by TAXI Editorial Correspondent.