On Friday, severe storms were developing in the Midwest. A storm chaser was broadcasting live to his followers ... he was at one of those speedy oil change places. When it was time to pay the $49 or whatever, the employee told the storm chaser that the oil change was free. One of the viewers recognized the establishment, called the Store Manager, and paid the bill.
That is one way that the modern economy works for those exploring new business models.
Then you have old school brands working with YouTube, as shown below.
First of all, there's the brain dead marketing approach used by Michaels. Does anybody at Michaels think that my stream of Podcasts, Headphone information, Weather, and Pickleball videos aligns with their brand?
But secondly, YouTube knows everything about me. They know what I watch. They know what I subscribe to. On what planet does their algorithm (#AI) believe that THIS is the ad I need to see?
Either Michaels is dumb, YouTube is dumb, or both of 'em are dumb.
We've had the wombats telling us for nearly three decades that they can serve the right ad at the right time to the right person.
They cannot do that.
When you step back and watch what modern marketers are doing vs. old school marketers, you see a gulf that is difficult to bridge.
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