Some predictions based on some knowledge, and a bit of wine
- After a lot of nasty price and offer ads this xmas and new year, we'll move into a advertising and communications style that celebrates how long things will last. 'Smart investments' will be suggested in things that are built to last not built to burn. We'll see lots of extended warranties and new services that look like they 'save' you money on the surface (but will be disguised insurance policies)
- Just seen '100 books' on the nintendo ds. And of course there's the amazon kindle and the sony reader out there too. They're still living in the world of neeks at the moment, but i reckon 2009 will see the growth of illegal book sharing. Have book publishers learnt from the harsh reality the music and film industries faced...?
- It will be a year of consolidation and mergers in agency-land. There really are just too many agencies, meaning that each one has quite a lot of average people running around doing average work. Particularly in 'digital' where there's a LOT of average people pulling the wool over the eyes of senior agency staff who wouldn't recognise a digital opportunity if it sat there at breakfast.
- Sadly, CSR, green credentials and ethics will take a back seat in communications. It will be interesting to see which organisations and brands pull support for these programmes - this will be an eye-opener for who was serious and who was green-washing.
- Related to point 4, i think there's a massive opportunity for organisations to 'go local', and more importantly for some local organisations to thrive if they get it right. large companies can go local / personal by using digital to understand customers and potential customers. local organisations can't compete on the buying power and scale of multi-nationals, but they can win on trust and customer knowledge / service.
- Also related to point 4, some of the good ideas for new forms of business organisation that were born out of sustainable thinking are equally valid for a wary economy - renting, sharing, repairing.
- I might be biased, given where i'm now working, but i honestly think that we'll see new types of sales promotion that connect sales with genuine and relevant customer needs. Digital means that a sales promotion doesn't have to be one size fits all any more, the customer can have more control on what's interesting to them, and organisations and brands that capture this with genuine insight and genuine ideas will benefit from promiscious customers who can see past the false econony of a quick price reduction.
- There was an interesting article in Q the other month that suggested that music tends to predict the economy. I'm hoping that more songs like Elbow's 'One day like this' show new optimism that will filter up into the economy in 2009. Sadly, i reckon we're in line for some depressing smiths-style numbers. But i'm loving the return to the 80s synth lines from Keane and the Killers latest albums.