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The profound effect of this disruption can already be seen happening on a smaller scale if you observe the marketing space in the recent years. Small brands ca
by shubhamjain 10y ago
The profound effect of this disruption can already be seen happening on a smaller scale if you observe the marketing space in the recent years. Small brands can now compete without fat advertising dollars. Content marketing is becoming more relevant than ever. I recently got in touch with a small marketing agency which is publishing interviews with athletes for one of their clients, a sports sock manufacturer.
You don't need billboards, flyers or TV ads to drive awareness, you can leverage free and paid marketing channels to build your business without burning loads of cash. Marketing today is less about budgets but more about how you can effectively execute on various parts of digital marketing - social media, content, paid ads and SEO. I can guess it will be a big win for consumers in the upcoming years; not so sure about incumbents.
- jknz 10y agoOnce BigBrand will have realized that billboards and flyers are not effective anymore, BigBrand will redirect its money towards the new channels: I guess it will be a big win for google and facebook. I am not so sure it will be a win for consumers once most available content will be biased ("sponsored") by BigBrand money. To prevent such nightmare we need laws to force some kind of transparency on sponsored content.
- sp332 10y agoThere are already laws and regulations on sponsored content. The recent PewDiePie et al. fiasco even made it to HN. https://news.ycombinator.com/item?id=12086047 https://news.ycombinator.com/item?id=12086047