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Wednesday,
October 10, 2001
Advertising
industry changes
By James Zwilling
Staff Reporter
Local
advertising executives said Tuesday that an economy already
volatile prior to the Sept. 11 terrorist attacks on America
will continue to suffer in the wake of retaliation against
countries in the Middle East.
Vince
Bove, an account services director for the Richards Group
in Dallas, said the terrorist attacks changed every industry
in the United States, including advertising.
He
said despite some positive changes, like patriotism and a
new perspective on all the small things in life, little good
will come from the attacks on America.
Youd
be hard pressed to find positives to come from the Sept. 11
terrorist attacks in the advertising industry, he said.
According
to an article published in AdvertisingAge Magazine, nearly
$400 million of commercial time was lost when major networks
devoted several full days to news coverage. The Los Angeles
Times reported this week that the four major broadcast networks
ABC, CBS, NBC and FOX alone amassed total losses
of $188 million.
The
New York Times reported that the total losses in the advertising
industry will be up in the billions.
Bove
said there are still some strong companies in the United States
that will emerge as leaders as the economy falters.
I
believe companies that are using patriotism in their advertising
are making a gesture to show that they stand behind the United
States, he said.
The
idea that companies would try to benefit from patriotic advertising
is unlikely, Bove said.
Any
company would be out of its mind to try and benefit from this,
he said. If you wrap yourself in a flag to sell something,
its profiteering.
Kevin
Miller, a senior copywriter for Witherspoon Advertising and
Public Relations and instructor of advertising/public relations
at TCU, said advertising agencies are re-evaluating the types
of advertisements released to the public.
The
biggest change in advertising since the Sept. 11 terrorist
attacks is a creative change, Miller said. Messages
that were appropriate before the attacks are no longer appropriate.
Mike
Wood, TCU instructor of advertising/public relations said
advertising agencies play an important role during economic
crises.
Companies
want to be on the right side of these issues, he said.
In times like these, companies tend to build their images.
Wood
said it is unfortunate that most companies pull their advertising
when there is a downturn in the economy.
The
immediate reaction is to cut back on advertising because consumers
arent spending, he said. That becomes a
self-fulfilling prophesy for these companies.
Right
now, many people might be afraid to spend money, but that
will change, Wood said.
As
horrific as Sept. 11 was, time will heal the pain, Wood
said. Americans are very resilient people.
James
Zwilling
j.g.zwilling@student.tcu.edu
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