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Seven fat years (almost certainly) ahead for advertising industry

29 Apr 2010 10:06Submit a commentBizLike
In the advertising cycle of six to eight boom years followed by three years of bust, when do we know that the good times are officially back? When Sir Martin Sorrell says so, and when Google and the New York Times Co prove it in their results.
It's kind of like the story from the Old Testament about Pharaoh and his weird dreams. You know, the one about the seven thin cows that rose out of the river and ate the seven fat cows; and the other one about the seven withered ears of corn that ate the seven healthy ears.

These were the selfsame dreams, you'll remember, that were interpreted by Joseph - who, to his eternal credit, never thought there was anything strange in the idea of wheat eating itself - as foretelling seven lean years and seven abundant years for the people of Egypt.

The parallels with the modern advertising industry are so obvious it's a wonder Mel Brooks never wrote a pantomime on the theme.

Continue reading the full story on www.thedailymaverick.co.za.

SOURCE

The Daily Maverick
The Daily Maverick is a unique blend of news, information, analysis and opinion delivered from a newsroom in Johannesburg, South Africa by the old Maverick editorial team of Branko Brkic, Kevin Bloom, Phillip de Wet and Ivo Vegter, as well as Stephen Grootes, Brooks Spector, Tim Cohen, Theresa Mallinson, Sipho Hlongwane and Mandy de Waal. First Thing is its morning newsletter which tells you what happened while you were sleeping, gives you a heads-up on what will happen during the rest of the day and gives you links to selected articles on the site, just in case you missed them. Follow The Daily Maverick on Twitter at @dailymaverick.
Go to: http://www.thedailymaverick.co.za
 
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About Kevin Bloom

Kevin Bloom, associate editor of www.thedailymaverick.co.za, is an award-winning journalist, editor and author who has written for a wide array of South African and international publications. In his magazine career, he was the founding editor of The Media, editor-at-large of Maverick and joint editor of Empire. Email him at .View MyBiz profile and articles...
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