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April 05, 2007

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Sam Karp

Here’s the problem. There are no guarantees. Robert E. Rubin sums it up well when he says, “Once you’ve internalized the concept that you can’t prove anything in absolute terms, life becomes all the more about odds, chances, and trade-offs. In a world without provable truths, the only way to refine the probabilities that remain is through greater knowledge and understanding.”

That being said, marketing is about improving the odds of success for a business. However, according to John Philip Jones, 60% of advertising is a waste of money because it goes unnoticed. These are the ads that clutter our public spaces. These are the 3,000 ads a day that you will never remember. Here’s the key point: the only way to refine the probabilities that remain is through greater knowledge and understanding.

What tends to happen is that companies don’t dig deep enough. They don’t discover meaningful insights. This creates surface-level marketing, which is disconnected from the world and the people they want to engage. Scott Bedbury says, “it’s a lot like putting lipstick on a pig.”

texas

It's not being recognized to some people sometimes.

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