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	<title>The DoubleThink &#187; richard kirshenbaumm</title>
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	<description>The Art &#38; Science of the New Marketing</description>
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		<title>&#8220;Maex May Well Be The Future of Advertising&#8221;</title>
		<link>http://thedoublethink.com/2009/08/maex-may-well-be-the-future-of-advertising/</link>
		<comments>http://thedoublethink.com/2009/08/maex-may-well-be-the-future-of-advertising/#comments</comments>
		<pubDate>Tue, 18 Aug 2009 00:56:17 +0000</pubDate>
		<dc:creator>colin</dc:creator>
				<category><![CDATA[About]]></category>
		<category><![CDATA[dimitiri maex]]></category>
		<category><![CDATA[richard kirshenbaumm]]></category>
		<category><![CDATA[visible world]]></category>
		<category><![CDATA[weiden + kennedy]]></category>

		<guid isPermaLink="false">http://thedoublethink.com/?p=751</guid>
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So says this week’s Fortune Magazine in an article titled &#8220;Advertising&#8217;s Revenge of the Nerds&#8221;. 
 
It discusses how the data revolution has finally come to advertising and changed things forever. Announcing a “quantacracy” in the industry, the author sets up a contrast between The Doublethink’s very own Dimitri and Richard Kirshenbaum of Kirshenbaum Bond [...]]]></description>
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<p class="MsoNormal"><img class="aligncenter size-medium wp-image-764" title="dimitri-fortune2" src="http://thedoublethink.com/wp-content/uploads/2009/08/dimitri-fortune2-214x300.jpg" alt="dimitri-fortune2" width="214" height="300" /></p>
<p class="MsoNormal"><span style="font-family: Arial;">So says this week’s Fortune Magazine in an article titled <a href="http://money.cnn.com/2009/08/04/news/companies/advertising_quants_data.fortune/index.htm">&#8220;Advertising&#8217;s Revenge of the Nerds&#8221;. </a></span></p>
<p class="MsoNormal"><span style="font-family: Arial;"> </span></p>
<p class="MsoNormal"><span style="font-family: Arial;">It discusses how the data revolution has finally come to advertising and changed things forever.<span> </span>Announcing a “quantacracy” in the industry, the author sets up a contrast between The Doublethink’s very own Dimitri and Richard Kirshenbaum of <a href="http://www.kb.com/#all-people">Kirshenbaum Bond + Partners.</a><span><a href="http://www.kb.com/#all-people"> </a> </span>Quant versus creative.<span> </span>Old versus new.<span> </span>Art versus science.<span> </span></span></p>
<p class="MsoNormal"><span style="font-family: Arial;"> </span></p>
<p class="MsoNormal"><span style="font-family: Arial;">Of course, the truth is more complex, as Kirshenbaum says.<span> </span>His agency employs analysts, like most others today.<span> </span></span></p>
<p class="MsoNormal"><span style="font-family: Arial;"> </span></p>
<p class="MsoNormal"><span style="font-family: Arial;">Beneath the drama, you can see the stories of a number of different agencies trying to figure out how to reconcile creativity and analytics.<span> </span></span></p>
<p class="MsoNormal"><span style="font-family: Arial;"> </span></p>
<p class="MsoNormal"><span style="font-family: Arial;">The threat that all advertising will become the same, voiced by a creative from <a href="http://www.wk.com/">Weiden </a>seems to me to be unfounded.<span> </span>The point of micro targeting is that messages will be (at least slightly) different.<span> </span></span></p>
<p class="MsoNormal"><span style="font-family: Arial;"> </span></p>
<p class="MsoNormal"><span style="font-family: Arial;">BMW found what is likely to be a more profound hurdle: using traditional methods, it was simply too expensive to version different ads for the 7 Series and the 3 Series to run to different targets in a Visible World experiment.<span> </span>Mundane though they are, production costs are perhaps the biggest obstacle to truly addressable advertising in the foreseeable future </span></p>
<p class="MsoNormal"><span style="font-family: Arial;"> </span></p>
<p class="MsoNormal"><span style="font-family: Arial;">However, digitization is producing revolution here too.<span> </span>It’s radically lowering costs in w way that is making it possible to develop many different versions of an ad, run them in real time and optimize on the go.</span></p>
<p class="MsoNormal"><span style="font-family: Arial;"> </span></p>
<p class="MsoNormal"><span style="font-family: Arial;">In the end, this combination may be a bigger threat to the status quo than the “tall, lean Belgian”.<span> </span></span></p>
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