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Stockholders may feel the same way when Exxon makes $10 billion and declares a 23-cent dividend. Isn't that like running up a big restaurant bill and then leaving a three-cent tip? | ||||
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The Target Audience Corporate campaigns are often sneered at as "boardroom advertising," placed by management to convince the directors that their vineyard is properly tended. Actually, most board members have been carefully screened for doctrinal compatibility and are paid more for attending a few meetings than you are for working the entire year. So they generally agree with the executives that theirs is a splendid organization whose ventures are, at last, about to jell, and that this message should be trumpeted to other corporations, customers, prospects, creditors, financial analysts, takeover targets, legislators, regulators, and "thought leaders." |
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They may also fear that if the company doesn't do a lot of public boasting, everyone will be free to think of it as a rapacious, polluting, bribing, thieving, conniving, exploiting snake-pit of venality and deceit squirming on the verge of bankruptcy. Thus it is the presence or absence of corporate advertising that matters — not its content. Subjects for the ads may be chosen more or less at random, so long as they bear some vague connection to the company's business (which for an international conglomerate means that the TV commercial’s vignettes should be filmed on this or a neighboring planet) and so long as they don't anger a big customer, a federal agency (during Democratic administrations), or the chairman’s wife. It's assumed that the ads will outrage consumerists, environmentalists, and feminists regardless of what they're about, so these sensitivities are ignored. In Search of a Slogan Since it’s unheard-of for anyone actually to read a corporate ad, most advertisers try to smuggle at least one simple thought into the reader’s or viewer’s memory — usually in the form of a self-serving* themeline or slogan attempting to sum up the ego-ideal of the company. There are two reasons for this: First, a lavish expenditure on corporate advertising has to be justified as serving some sort of business purpose. The usual "proof" that the money is well spent consists of audience surveys and attitude studies that show how well the message is getting through. Since no one in the target audience is paying much attention to the message, the only way to win at the polls is to keep repeating one catchy slogan and then survey the readers and viewers on whether they’ve ever heard it. The process is called "aided recall." Asked about the slogan, respondents may say such things as:
Each of these answers counts as a "yes," and all the yes votes, however scathing, are added up into a grand total called "awareness." High awareness proves that the investment was brilliant.
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The Boast, Personified Confronted with an abstraction, people tend to ignore it completely or to personify it. So a company is often thought of as if it were a person – a nice guy or a nasty one, a bully or a patsy, a fat cat, Col. Blimp, Ma Perkins, Gordon Gecko, or the Wizard or Oz. |
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For Charles Schwab or Donald Trump, personalizing comes easy. Other companies invent a character (Mr. Goodwrench, Mr. Whipple, Juan Valdez) or change species (the Merrill bull, the Dreyfus lion, the GEICO gecko, Morris the cat, the Aflac duck). To err is human, so some companies try to humanize themselves by making mistakes in their theme lines: "Think Different." (Apple) Others seek charm through modesty, promising little or nothing: "Travel Should Take You Places." (Hilton)
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But when it's all said and done, most companies revert to self-glorification and bombast, which fit in better with the corporate culture:
And if a company has a flagrant weakness, there is an overpowering temptation to deny the tragic flaw by proclaiming its opposite:
This harkens back to the days of "Doctors recommend Phillip Morris" and "More Doctors Smoke Camels..." Better to be an honest bungler, as one vacuum manufacturer demonstrated with, "Nothing sucks like Electrolux." |
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*The term "self-serving" should not be taken askance. Advertising is either self-serving or it is an idiotic waste of money. Similarly, the charge that corporate advertising is just "business talking to itself" is misguided because there's nothing wrong with talking to yourself. In today's society, business is starved for affection. It needs someone to talk to. It's even conceivable that U.S. Steel would rather talk to General Motors than to you, because last year GM bought 17 million tons of steel, and all you bought was a galvanized steel garbage can and some paper clips. |
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