Image courtesy : Suzy Hazelwood at pexels.com

By Prabhakar Mundkur

Prediction on the death of advertising started at the turn of the millennium.  Perhaps the first stirrings on the death of advertising almost started with the birth of the internet. Pooh-poohed for most of the time, most advertising folk refused to accept the death of their industry and were filled with a strong sense of self-denial.  The way that people consume media has probably dealt the final blow on the advertising industry.

When I joined advertising in 1977, advertising was considered an art form. And like most art there was an air of gay abandon about it, that went well with its brand of creativity.

The Big Bang 

In 1987, WPP which swooped down on poor old J Walter Thompson who was ripe for an acquisition attack. Poor old ‘Commodore’ Thompson might have flipped in his grave. Ogilvy was acquired two years later. David Ogilvy is known to have called Sorrell an ‘odious little shit’ later softened to ‘odious little jerk’ by the media.

I call this the first Big Bang in the advertising industry. The culture of ad agencies was to start to change forever. They would become so bottom line oriented that all other lines in the agencies including strategy planning and creativity would start to become affected. You can imagine the shock – a math man running a bunch of mad men.  I was at JWT at that time and the first effect I saw was suddenly the exit of the best minds in JWT.

The second Big Bang was the painful extraction of the media business from the main agency to create stand-up independent media agencies. In 1998, I was in JWT Shanghai at the time, and we were the second JWT office in the world to create an independent media agency and tear it away brutally from the creative agency. The 15% media commission which was beginning to break down any way suddenly became the norm rather than the exception.  The net effect of this Big Bang was that the media plus creative function was being paid much less than ever before. This resulted in less training, lower salaries, less interest from business school graduates to join advertising, less travel, and less talented people finally willing to join advertising.  In a way it was the beginning of the slow downfall of advertising.

Famous ads written by Sir David Ogilvy