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 Moving Madison Avenue: Finding Advertising Ideas Elsewhere

For decades, advertising agencies have had a monopoly on building great ideas. As I recall, the former CEO of BBDO worldwide once told me, "Our stock is people. Every day the elevator goes up, our stock is full of staff—of ideas-generating people. Every evening our stock is depleted when people leave the building."

 

 

When I was a kid, I used to read something called the "Blue Paper." It was a publication with a ton of classified ads, all categorized into every possible subject you could think of.

I loved it. But I always wondered whether everything appeared in the paper. To a small boy, the ads represented a world of choice. But what if the Blue Paper really opened up a global marketplace?

Well, we now know what the future held—to this point in history anyway.

Years later eBay appeared—in a shape and format not many could have imagined. Of course, anyone who could have imagined such a revolution is likely to be enjoying a happy retirement by now.

Now imagine the same for great ideas. For decades, advertising agencies have had a monopoly on building great ideas. As I recall, the former CEO of BBDO worldwide once told me, "Our stock is people. Every day the elevator goes up, our stock is full of staff—of ideas-generating people. Every evening our stock is depleted when people leave the building."

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