I recently tweeted that lately the interactive industry was feeling to me like 1998 all over again (I qualified this by saying “the good parts”) and wasn’t really speaking about the financial bubble per se. At the time I posted that tweet, I was coming off an unbelievable day of new business interest for our agency, several solicitation calls from web/social start-ups, and a couple of conversations that started out as “I need a viral video like Old Spice“. The day reminded me of the period in time when we would get numerous calls each month where the caller would say “I need a website up and running asap, can you do it?”; “I’m a start-up .com and do you want to invest?”; “My Uncle’s cousin’s brother did the web design but can you program it?” and finally, “We want a viral video like The Dancing Babies“.
The response to that spur of the moment tweet was interesting. On the one hand, there were a couple of immediate and resounding “YES, EXACTLY” type of responses from a couple of the grizzled digital marketing veterans that were also around through the ’90’s. I suppose I expected that. But there were more than a few “What does that mean?” direct tweets and hallway conversations. I realized that there are some very experienced 10 year veterans, who don’t have that historical perspective which caused me to really think about the parallels between those crazy late 1990 years, and today.
The digital marketing industry today is every bit as exciting for me as it was in those exuberant “we’re inventing something” years. But at the same time we made a lot of mistakes along the journey that I’d like to work hard to avoid this time around. So I started thinking about some of those mistakes that we made and how we might apply the learnings from them today — so that we end up looking back and saying “Man, 2010 was a crazy year, but a great year”.
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