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July 13, 2009

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anon

I'm writing ads for a bank right now. It's awful. They spend countless meetings talking about their service and customer satisfaction surveys and, worst of all, their commitment to "relationship" banking.

Worst of all, they think their customers actually think these things mean something. Just to ensure no-one in the world will notice their ads, they also pair these trite and cliche-ridden ideas with happy smiling people which they've convinced themselves are "real" and "honest."

And so, at a time when people might actually want to hear something from a bank about what's useful about a bank, what a bank actually does for them and their communities, the bank does nothing but blather on like usual, snagging "shifters" who move money on the first hint of a give-away $100 gift card or whatever.

And the bank CEO is happy because his ads look like the ads his golf buddies make at their banks.

So, to the guy who said that he knew he was wasting at least half his money on advertising but he just didn't know which half, I can tell you, if he works at bank, he's wasting both halfs.

Dave

"And the bank CEO is happy because his ads look like the ads his golf buddies make at their banks."

What a common problem! Nothing different or challenging or informative, because his golf buddies will think he's not 'one of them'. I wrote a post some time ago about the pressure to become 'one of them' in advertising management. The pressure to be just like all your peers in banking must be huge. Come hell or high water Wall Street supports its own.

Let's face it, if they can convince themselves they truly deserve those huge bonuses they can certainly convince themselves that idea-free advertising works.

ps it's "halves"

Jeff

Great post.

This post should be required reading for all in advertising. Which, of course, means adlanders will avoid it like the plague, if they can. After all, who wants to look in the mirror and see Medusa when one could be staring into a martini and pontificating on the importance of awards shows or some other drivel?

To me, advertising is simple (if hard, as so many simple things are): Find the product benefit you think is most meaningful to your target, then dramatize the benefit in the most persuasive way you can think of. Clever ain't got nothin' do with it. You want to be clear, and if cleverness serves clarity great, if not, you're better off just saying what you mean (although, if this is the best you can do, you should consider a different career).

And don't lie. You will be found out, and then have to spend double your ad budget on PR to fix your tattered reputation.

Jeff

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