It was March 15, 2023, and I snapped a photo that changed my life. And I’ll explain how it can change your life, too.

On that date, I was attending the annual SXSW festival in Austin, TX, and enjoying a wonderful late-night meal with my friends Joseph Jaffe and Eric Qualman. Suddenly, people stood up and quietly walked out of the upscale restaurant. It was surreal, like being in a Stephen King movie!

My back was to the door. Where were these people going?

Nowhere. They stood on the sidewalk, pointing their smartphones to the big Texas sky. My friends and I had to see what was going on. So we left our hot food and walked outside.

It wasn’t an alien invasion, but it was close. A dazzling drone show lit up the heavens, telling the story of a new sci-fi television program coming to the Paramount Network. Hundreds of drones were programmed along custom flight paths to depict scenes from the show.

To top it off, the display ended with a sky-high QR code that sent viewers to a website with the show’s trailer.

While drone shows have become a staple of city celebrations and sporting events, this was novel—the first time we had seen such a display.

We all took a photo of the drone-ad to share with our social media audiences:

In that moment, the line between marketing and magic blurred. We weren’t just watching an ad; we were living inside one.

The mesmerizing advertisement became the epicenter of buzz at SXSW, and with more than 300,000 influential people in attendance, that’s a perfect place to make a rumble.

Now, we get to the interesting part. How did this photo change my life, and possibly yours?

The revelation

I’ve spent nearly two decades researching and writing about one crucial problem—how can our marketing messaging become the signal above the noise in a world of oversaturated content?

I witnessed one of the most astonishing examples of a brand becoming “the signal.” Every person in this restaurant abandoned their hot food and cold cocktails to stand on a street in Texas to see an ad—not just see it, but record it and share it with social media audiences worldwide. It wasn’t just a signal above the noise—it was a supernova.

Remarkable.

Unprecedented.

Perfect.

For weeks, I couldn’t get this drone show out of my head. I played this mind-game: If somebody gave me the challenge to create an ad so disruptive that people would leave their hot meals to see it, could I do it? No.

What was the lesson for businesses desperately wanting to be “the signal” to their customers? Was there a scalable process behind this brilliant idea that could guide breakthrough marketing strategies? Was this a clue to the future of creativity and our place in a world dominated by artificial intelligence? I became obsessed with this story in the sky.

One word kept pounding in my brain: Audacious.

Audacious! Is that what it takes to stand out in the world today?

Audacity as a strategy

AI is here. Nipping at the heels of our skillsets and jobs.

Being merely competent won’t cut it. Competence doesn’t create conversations. Competence is ignorable. But audacity? That’s the currency of attention in our overstimulated world.

What if the key to becoming “the signal” isn’t shouting louder, bending AI prompts, or spending more, but the simple human bravery it takes to be … a little nuts?

I discovered that Giant Spoon had created this viral sensation, an agency behind many of my favorite marketing success stories over the years.

I called Marc Simons, one of the agency co-founders, and asked him if he and his team would reveal all their creative secrets to me for a new book. “Absolutely,” he said. The opportunity was irresistible, a siren call to a marketing geek like me. I jumped on a plane to visit him in New York City, the beginning of a journey that included meetings with some of the greatest creative geniuses from around the world — and they all gave me their secrets!

They helped me answer this question: In a world where AI is overwhelming our content world, how do we fight back? How do we unleash the uniquely human fireworks of marketing creativity?

And today, my friends, please welcome one answer to this question:

The reveal

After more than two years of research and writing, I’d like you to meet my new book, Audacious: How Humans Win in an AI Marketing World.

So, you see how the story in the Austin sky truly changed the course of my life. But how does it change yours?

Whether you’re a marketer, entrepreneur, or business owner, you’re longing to be seen, to be heard, to be discovered, and that is more difficult than ever. How do you establish brand awareness in a world where content from bots already dominates more than half the internet?

Here’s a little movie preview of what’s in store for you with this book:

Filled with inspiring stories, hundreds of practical ideas (for businesses with any budget!), and all-new case studies, Audacious describes the essential human elements needed to:

• Disrupt the story narrative
• Disrupt where the story is told
• Disrupt show tells the story

Early readers of the book have been delighted, calling it “a masterpiece,” and “an essential path forward.” This will fill your head with ideas and your heart with hope. And, it’s a lot of fun!

You might have noticed that the book cover is a one-of-a-kind AR experience — the first book of its kind in the world! The cover will display abstract art based on the stories in the book!

Inside the book there is a puzzle, videos, and secret surprises. After all, a book named Audacious better be audacious, right?

Why did I spend all this time writing and publishing this book? I’m desperate to get my ideas out to you. I’m a teacher. I know that people need help navigating this overwhelming marketing world, and I have ideas that will help. I’ve spent thousands of hours bringing this to you and I know you will love it. This is my best work.

And this cool little book does not cost much money. Please order your copy today, and let me know how you like it!

CLICK HERE TO FIND AUDACIOUS ON SALE!

PS I also have an all-new speech to go with my book. This new talk was recently the highest-rated speech at a national marketing event, and I would love to bring it to your company or association. Drop me a line! 

Need a keynote speaker about brand communities? Mark Schaefer is the most trusted voice in marketing. Your conference guests will buzz about his insights long after your event! Mark is the author of some of the world’s bestselling marketing books, a college educator, and an advisor to many of the world’s largest brands. Contact Mark to have him bring a fun, meaningful, and memorable presentation to your company event or conference.

Follow Mark on Twitter, LinkedIn, YouTube, and Instagram

The post The photo that changed my life (and maybe yours) appeared first on Schaefer Marketing Solutions: We Help Businesses {grow}.

A common click-bait technique is to write a blog post with “The death of …” in the title. I’ve learned to ignore these, but I’ve seen such an avalanche of headlines with some version of “the end of brands” that it was time to comment. It’s not just a sensationally ridiculous idea, it’s a dangerous one.

I’d like to insert some common sense into the dialogue and explain why brands are more important than ever.

What is a brand?

Let’s take it from the top. A brand is an emotional expectation.

Here’s a little exercise I use in my classes: If I told you Coca-Cola was building a hotel in your city, could you imagine what it looks like?

Your mind immediately starts painting: Red velvet everywhere. Curved, flowing architecture like a bottle. A fountain in the lobby bubbling with happiness. The air smells like vanilla and spice. Even the receptionist’s smile sparkles.

You can see it, can’t you? Feel it? Hear it?

That’s a brand.

It’s not about sugar water. It’s about an emotional promise that’s so strong, so consistent, you could architect an entire building around it.

You can count on this “Coke feeling” in any circumstance, in any place. The trust in this consistency keeps that company at the top of your mind and maybe even at the top of your heart, almost everywhere in the world.

It doesn’t appeal to everyone, especially if you are health-conscious, for example. But the brand means something to enough people to make a difference, and make a profit.

There is no utilitarian advantage of a pair of 20-year-old Nike Air Jordans selling for thousands of dollars in Japan. There are better shoes, even pricier shoes. But this shoe makes us FEEL something and that makes it rise above the fray.

Creating this emotional shorthand isn’t easy. It’s like composing a symphony that plays in people’s hearts every time we see a logo.

But here’s why it’s worth it: When everyone else is competing on features and price, you’re competing on feelings.

And feelings? They’re priceless.

There are a few reasons critics claim brand marketing is in decline (or dead!). Let’s knock those down:

1. The Customer is in Control

One reason critics cite for the diminishing importance of brand marketing is the shift in power between businesses and consumers. In the past, brands held sway over public perception because they controlled the narrative through traditional media channels. Today, the internet has democratized influence, empowering consumers to control the narrative through their opinions, reviews, and posts.

I’ve written about this extensively, most notably in the book Marketing Rebellion, which suggests that nearly all the power to drive sales is in the hands of the customer. This doesn’t mean brand marketing is dead. It means that we can’t count on advertising any more. The new imperative is to create value and experiences so insanely great that people can’t wait to spread the word.

The Real Job of Brand Marketing Today:

1. Stop trying to control the narrative (you can’t)
2. Start creating experiences worth talking about
3. Give your customers something so amazing they become volunteer marketers

The customer is the brand marketer. How do we help them do the job?

2. The Rise of Performance Marketing

Over the past 25 years, performance marketing (SEO, targeted ads, etc) gained prominence over traditional brand marketing.  Businesses love how advanced analytics tools can track and measure the effectiveness of their campaigns in real-time. By comparison, assigning sales attribution to brand-building activities can be difficult or impossible.

Performance marketing is vital to many companies, especially early-stage companies that need to fill a pipeline and generate customers fast. But arguably, in the end, the brand is all you have to differentiate yourself.

In my book Audacious: How to Win in an AI Marketing World, I feature a case study on Liquid Death, the fastest-growing beverage in the world — a five-year-old startup! Founder Mike Cessario said:

“You’re only going to win with branding. You won’t win with some functional ingredients you can’t own. In that case, when you’re big enough, Coke or Pepsi or someone else will just produce the same thing—same ingredients, cheaper, more widely distributed, and then you lose. With water, there’s minimal, if any, functional difference between the brands. The difference is purely marketing. People want to walk around with this thing instead of that thing. None of the water brands were interesting. I did my homework. There was a huge opportunity to tell a different story.”

A successful company can’t stick with only performance marketing in the long-term. Building brand awareness powers long-term growth. When consumers recognize and trust your brand, performance ads become more effective. Case studies show that smart brand marketing can slash Customer Acquistion Cost by up to 70%.

Branding creates distance between you and your competitors, paving the way for future growth.

3. The Commoditization of Products and Services

Some say that the commoditization of many industries is killing brands.

Perhaps the poster child for this argument is Temu. Temu is an eCommerce company that ships generally non-branded, low-cost commodity products directly from Chinese factories. It is a company that has exploited digital technology and eCommerce psychology to the maximum and pioneered a new way to serve bargain basement shoppers.

Here’s the thing about Temu: They’re not killing brands. They’re just showing us what happens when price is the only story you need to tell.

There has always been a segment of consumers who love to hunt for bargains instead of brands for economic necessity or perhaps just for fun. Temu has digitized the treasure hunt.

Side note: I predict that at some point, Temu will create its own simple, reliable branded products, just as Amazon did. So, brand would matter, even in the commodity sphere.

4. Categories?

A recent exchange on LinkedIn offered an idea that creating “categories” is more important than brands.

Here’s an example: Dude Wipes. This company created a better, environmentally-sensitive way to wipe your rear. I literally never thought I would use those words in a blog post, but there you go.

Let’s break this down, from the bottom-up (pun intended)!

Dude Wipes didn’t just create a category — “premium man-focused bathroom hygiene.” They built a brand that makes guys feel okay about buying fancy toilet paper.

But creating a category without building a brand is like inventing a new sport and not telling anyone about the rules. Being first means nothing if you’re also forgotten first. Your brilliant new category is a sitting duck if you don’t wrap it in brand awareness. Your competitors are watching, waiting, and probably have deeper pockets than you do.

Look at what happened to:

• Friendster (created social networking, Facebook owned it)
• Zune (an early device to carry songs in a small device)
• Palm Pilot (invented PDAs, now a trivia question)

They all created categories. They all got steamrolled by brands that did it better.

Category without brand is silly.

5. The Impact of Social Media Influencers

Social media has fundamentally altered the way consumers interact with brands. Influencers, who often have more authentic connections with their followers, have emerged as powerful voices in the marketplace. Rather than relying on brand-created content, consumers turn to influencers for recommendations, reviews, and inspiration.

Hey … it’s still a BRAND! Whether it’s a person or a product, you’re still creating an emotional expectation. And the influencer is a lot more effective if their audience has heard of the brand!

Branding Forever

There is simply no rational argument for the declining importance of brand marketing. In fact, it is more important than ever, especially in an AI world. Here are a few quick takes:

• Branding alone creates differentiation in a crowded marketplace (like Liquid Death!)
• Brands are beacons of trust in a world of deep fakes and misinformation
• Branding isn’t replaced by “categories” or performance marketing. It enhances these initiatives.
• Loyalty to a brand enables consumer brand advocacy and influencer marketing.
• Brands and brand stories resonate across generations.
• In times of crisis, a well-established brand is better positioned to weather the storm.
• Brand trust and recognition is the fuel of international expansion.

In a world where anyone can make anything, brands are the difference between:

• Trust and uncertainty
• Loyalty and indifference
• Premium prices and commodity status

Declaring the death of brands isn’t just wrong — it’s like declaring the death of trust, loyalty, and human connection.

Need a keynote speaker about the future of marketing? Mark Schaefer is the most trusted voice in marketing. Your conference guests will buzz about his insights long after your event! Mark is the author of some of the world’s bestselling marketing books, a college educator, and an advisor to many of the world’s largest brands. Contact Mark to have him bring a fun, meaningful, and memorable presentation to your company event or conference.

Follow Mark on Twitter, LinkedIn, YouTube, and Instagram

The post The end of brands, or the end of common sense? appeared first on Schaefer Marketing Solutions: We Help Businesses {grow}.

The AI Revolution isn’t just about creating new tools – it’s about transforming how we learn, understand, and interact with information. And that’s exactly why NotebookLM has become the darling of the AI research community. As someone who’s spent decades observing how technology reshapes human behavior, it’s been fun for me to experiment with this new application.

Here’s what’s really going on: We’re drowning in information. Between podcasts, blog posts, and the endless stream of developments on social media, staying current is like drinking from a firehose. NotebookLM isn’t just another note-taking app – it’s an AI-powered research companion that actually understands context and helps connect the dots.

It’s as close to getting a brain extension as you’ll see (at least for now!).

What makes NotebookLM different is its ability to act as both a librarian and a study buddy. When you’re deep in research mode, it doesn’t just store your notes – it actively helps you understand them. It can summarize complex papers, explain difficult concepts, and even highlight connections between different pieces of research that you might have missed. This is game-changing for anyone navigating the complex world of AI development.

But there’s something even more profound happening here. In all my years of studying digital transformation, I’ve noticed that the tools that truly stick are the ones that feel natural – that work the way our brains work. NotebookLM gets this right. It’s not trying to force users into a rigid system. Instead, it adapts to your thinking style, helping you build knowledge in a way that feels organic and intuitive.

NotebookLM — But wait, there’s more!

A few months ago, NotebookLM users discovered they could use the voice mode to command the app to have a discussion with itself, something similar to a podcast episode. A few people have even produced AI-fueled podcasts with synthetic hosts!

While I have no plans to do this with The Marketing Companion, I did turn to NotebookLM to help me in a pinch this week. My podcast is now in its thirteenth year, and remarkably, I’ve never missed an episode. But this week was close!

My human co-host became too sick to record, and out of time, I turned to NotebookLM for help. The new episode provides extraordinary value in two ways: It’s a mesmerizing demonstration of AI voice capabilities. But what’s really cool is that I uploaded my new book “Audacious: How Humans Win in an AI World” and asked the “hosts” to review the book.

The result was more than I expected, and I think you’ll love this mind-bending podcast episode. If you haven’t experienced NotebookLM in action, this will get your head spinning. Ready? All you have to do is click here:

Click here to enjoy Marketing Companion Episode 304

Please support our sponsor, who brings you this amazing episode.

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This episode is brought to you by Brevo (formerly Sendinblue). Brevo gives you the tools to attract, engage, and nurture customer relationships.

Now any business can build automated customer experiences, email marketing workflows, and landing pages that guide your customer to your main message. We are here to support businesses successfully navigating their digital presence in order to strengthen their customer relationships.

Go to https://www.brevo.com/marketingcompanion to sign up for Brevo for free and use the code COMPANION to save 50% on your first three months of Brevo’s Starter & Business plan!

Illustration courtesy MidJourney

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I’ve been a faculty member at several different universities since 2009 and have lectured far longer than that. I care about these institutions. They’re part of the American heritage, and in many cases, they’re a gift to the world. But we live in fast-changing times, and universities do not change fast. I’m worried about our colleges. How do we reimagine universities in the Era of AI?

I have some ideas about this, and if you’re currently associated with a college, you will hate them.

To begin with, my thesis is that in the AI Era, universities will fail (and are already failing) to prepare students for many careers. Change isn’t just knocking; it’s kicking down the door, raiding your fridge, and redecorating your living room. There has to be a radical reimagining of the university education that matches the radical disruption of our times.

First, let’s get a few things off the table. If a student attends college for the social aspects or to spend a few years maturing, today’s university system is fine. If a student attends for a purely academic pursuit without any thought of employment, they will thrive in the system we have today.

But I assume most students attend college to launch a career. And that’s where the problems begin.

I’ll break down the problems one by one before offering some solutions.

Organization

I’ve talked to many leading authorities in the tech space — people right in the middle of AI development in Silicon Valley. And I’ve asked them, “How would you prepare young people for a career with the amount of disruption occurring?” Without exception, the answer is, “I don’t know.”

This presents an existential problem because universities are generally organized by career choice: engineering, teaching, art, journalism, etc. But if nobody knows what future careers look like, how can you organize based on jobs that won’t exist as they do today? Except forestry. That might be safe for awhile. But you get my point. Many job categories are rapidly evolving and fluid right now (especially marketing).

The future of education isn’t about preparing for a specific job. It’s about preparing for anything and everything. It’s about teaching students to surf the waves of change rather than trying to build sandcastles on a beach that’s shifting before our eyes.

Speed

A university professor friend of mine recently lamented that it has taken two years to get a new class approved. The glacial pace of change at universities is legendary and … stupid. The bureaucratic lunacy of universities is so well-known that I don’t have to explain further why this culture is a death sentence in an AI world.

Economics

Universities are proud of their park-like campuses and ancient limestone buildings bolted to the center of the earth. While taking selfies in front of Old Main might enchant the alumni, the fact is, you can get a superior education today without that legacy overhead.

If you had to bet on disruptive innovation coming from somebody in a co-working space versus a person who has to spend part of their time fundraising for the Psychology Building renovation … well, it’s not even a race.

The economics for students is even worse. The average four-year education in the U.S. is $160,000 (tuition only). Why does every major need to be completed in four years? Well, somebody has to pay for those limestone buildings. If you step back and look at it, it’s a ridiculous model. No matter the major or career aspiration, it’s four years. Huh?

Any new vision for universities must include significant cost and time reductions enabled by technology.

Faculty

The purpose of the university faculty has been to dispense information. However, universities are no longer the gatekeepers of information. When information is free and abundant, colleges have to reinvent themselves in the context of a new job to be done — eternal relevance. This is a radical idea, but in my estimation, it is the key to the future of colleges.

And the tenure system … don’t get me started. Let’s just say there is almost no incentive for tenured faculty to change and stay current. The stories of lazy, irrelevant faculty I could tell you are shocking, but I won’t embarrass anyone.

At this point, I think all of my university friends could use a photo of a puppy.

No need to thank me. Now, back to our regularly scheduled programming.

Solutions

I’ve covered some of the problems facing a university in a short and simple way because this is a short and simple blog post. I recognize there are many nuances, layers, and complexities that I’m blowing right past. However, not many people care about those, especially young people preparing for a career … in something less than four years, please.

My advice to universities is to start over. There is just no way your Reinvention Committee will twist your bureaucracy into something functional. Take that giant endowment fund and create an entirely new form of education that is fluid enough to meet the needs of today’s teens.

Education in the past assumed there is a logical endpoint. Once you learned A, B, and C, you had enough under your belt to be an engineer, to be an accountant, or a journalist. But today, there is no endpoint. The endpoint keeps moving. What was true for a career yesterday may not be true today. Education needs to be a journey of lifetime learning. So we need something radically new.

No more degrees

Here is my vision: Instead of enrolling in college, students subscribe to one. Students would enter a lifetime learning program accredited by the university of their choice. The program would be designed to get students into the workforce and keep them there through learning modules that adapt to changing times.

The subscription price should be very affordable. However, over a student’s career in the workplace, the financial return to the university would far exceed $160,000 because the relationship with the student would last decades.

Each student would need to pass a battery of tests to ensure they’re ready to join a learning cohort. Some might start with remedial work to get them on the right track. I’ve seen too many university marketing students who can’t write a coherent sentence. Sorry. Fix that first.

Instead of degrees, students would earn accreditation on a topic, sort of like earning a series of merit badges. For example, it would mean much more to a marketing employer to see that a student earned accreditation in digital media production from a university, rather than just knowing they received an A in French and a C in geology during their sophomore year.

No more curriculum

The idea of a standard curriculum that changes every few years, littered with nonsensical, soul-stealing electives, is pathetic. This anachronistic system was created when a gentleman needed a well-rounded education in the classics. And I do mean gentleman.

Instead, my view is that a curriculum committee would create new learning modules every year, or even every few months, depending on the major. The major role of university employees would be overseeing the design of a continuous and ever-changing learning experience.

And by the way, we need a learning path that addresses both the hard skill and soft skills required in the modern workplace. Students need to learn to lead, but also how to be an effective follower and team player.

The lifetime university experience might include guest lectures, field trips, demonstrations — anything to keep the students relevant in their careers.

AI teaching agents

In the short term, we will still need a human faculty. Topical experts (not tenured) would share their views of the current state. And hey, instead of repairing Old Main and installing that new landscaping, let’s pay those teachers a decent salary, huh?

In the next two years, human-like AI learning agents will often make better teachers. This might sound like the Jetsons but it’s already here. Have you had a conversation with the mobile version of ChatGPT? This will only get better.

AI agents enable the creation of personalized learning pathways tailored to each student’s needs, performance, and goals. This approach can accommodate different learning speeds, styles, and even disabilities, leading to better outcomes than traditional classroom education. And, these teachers would cost far less and know … well, everything.

I do think there is a human role in the new learning environment as mentors and guides. Humans still need a human touch. Especially young students.

A learning cohort

I recently declared about the RISE marketing community: “This is my university.”

We have no curriculum or classes there. But we have each other — people from around the world teaching each other as we navigate this confusing world. Why couldn’t a real university be the same way? It can be, and needs to be.

That’s why I recommend a lifelong cohort of people (the subscribers) who become friends and support each other in a community. Today, education simply cannot end with a piece of paper. It’s a never-ending process, and we need each other.

A cohort could meet on campus once a year for some special programs but keep in touch constantly through an online platform. And the cohort should be multidisciplinary. It will be that way whether it’s designed that way or not. How many people are still working in a field related to their original major? Diverse views make the cohort more interesting and valuable.

The cohort would stay together for decades. I think it makes sense to add new people now and then, just as it benefits a community to have new members with new perspectives. A virtual community format allows people from many nations to be included.

Real learning happens in conversations, not classrooms.

Finally …

Did this post come across as mean? I hope it’s seen as tough love. I love so much about colleges and what they stand for. A university is hope. It’s a dream. It is the future.

But most career academics who read this will think: “We could never do this. It would screw up our US News and World Report rankings. This obsessive focus on rankings does not serve your students. Besides, Malcolm Gladwell and others have shown how the rankings are about as meaningful as a participation trophy in your kid’s soccer league. Yet, here we are, still doing the rankings rumba.

The world is changing faster than a chameleon in a Skittles factory. AI is rewriting the rules of education, work, and probably your department’s parking policy. And you’re obsessing about a made-up number in a magazine? University friends, it’s time to carve a new path that breaks the ranking shackles. Universities spent centuries building ivory towers. I’m proposing we build meaningful bridges to students and their real needs instead.

I know dramatic change seems daunting. And what I’ve proposed here can be poked and prodded and questioned. Here’s what I know. Imagine the most far-out scenario for our AI future. The reality will be much more insane than that.

Change has to start somewhere or universities risk becoming the academic equivalent of a typewriter repair shop. Disrupt or be disrupted.

Need a keynote speaker? Mark Schaefer is the most trusted voice in marketing. Your conference guests will buzz about his insights long after your event! Mark is the author of some of the world’s bestselling marketing books, a college educator, and an advisor to many of the world’s largest brands. Contact Mark to have him bring a fun, meaningful, and memorable presentation to your company event or conference.

Follow Mark on Twitter, LinkedIn, YouTube, and Instagram

Illustration courtesy MidJourney

The post How to Reimagine Universities for the AI Era appeared first on Schaefer Marketing Solutions: We Help Businesses {grow}.

Today, I’ll explain the Parasite Economy and why it is destroying businesses but opening up new opportunities for creators.

For many years, I’ve subscribed to Ted Gioia’s newsletter, “The Honest Broker.” It’s hard to describe this newsletter. Ted is a music critic and historian whose musings tend to wander all over the cultural landscape. But he has a knack for consistently connecting the dots in insightful ways, and I almost always learn something from his posts.

In an article titled “Are We Now Living in a Parasite Culture?” Ted makes an observation that is profound in its simplicity and wisdom. It goes like this:

“Nowadays, parasite businesses are the largest corporations in the world. Their technologies do many harmful things, but lately they have focused on serving up fake culture, leeching off the creativity of real human artists.

“Just take a look at the dominant digital platforms—and consider how little they actually create. But the amount of leeching they do is really quite stunning, especially when compared with the dominant businesses of the past.

• What does Facebook really create? Almost nothing. It relies on 3 billion users to create content (ugh!—their word, not mine), and then monetizes these people and their unpaid labor.
• What does Google really create? Almost nothing. Just look at how it destroys newspapers, while doing zero journalism itself. The comparison with a parasite could hardly be more apt. It feeds off the news, but never adds to it.
• What does Spotify really create? Almost nothing. The folks at Spotify don’t worry about their lousy app, because they’re so busy sucking blood from the creative economy, to which they contribute not one whit. Meanwhile, their CEO is now richer than any musician in the history of the world.
• What does TikTok really create? Almost nothing. This company relies on one million creators—none of them are employees. Most of them are working for hopes and dreams. TikTok is run like a Hollywood studio, but without cast, crew, directors, scriptwriters, or any creative talent whatsoever. But that hardly matters when you’re just a parasite living off unwitting hosts.

“Consider the case of the woman who attracted 713,000 TikTok followers and generated 11 million views for her videos—and got paid $1.85 over the course of five months. No that’s not $1.85 million—it’s one buck and eighty-five pennies. You can practically hear the lifeblood getting sucked out of the creator economy.”

Ted’s post continues, and he concludes by saying, “For the first time in history, the Forbes list of billionaires is filled with individuals who got rich via parasitical business strategies—creating almost nothing, but gorging themselves on the creativity of others.”

As usual, Ted made me think long and hard. I agree with him, but there is another side of this coin. In fact, the Parasite Economy is the best thing that ever happened to me in my professional life. And it can be for you, too. Today I’ll explain why.

The Parasite Economy’s Poster Child

On the surface, I am the poster child for “Victims of the Parasite Economy.”

I’ve probably added 20 million words to the social web through my blog and podcast alone. Google and its algorithm brotherhood crawl the internet like bugs, chewing my content like termites and then hurling it back out as an indistinguishable paste. The molecular material of my precious content is within everything now—no attribution, no money, no customers.

The years of effort behind this content are now part of the immortal glue that holds AI together. How have I been compensated for my significant content contribution? Nothing at all. I’ve never received one penny from Google, social media sites, or an AI company.

And yet, after 15 years of blogging and 12 years on the podcast, I keep churning out more. In fact, I think I’m doing my best work ever, giving away my most valuable ideas and insights every week.

Through Ted’s view, I should be incensed. But I’m grateful. Here’s why.

The Benefits of the Parasite Economy

While it’s true that I’m not making money from my content, I’ve made millions of dollars over the course of my creator career because I built an audience. You can’t have an audience without awareness, and you can’t have awareness without giving away valuable content.

I can see why Ted or any creative would feel abused because their content is consumed, loved, and shared without compensation. The key to surviving in the creator economy is not counting on your content for revenue. Those days are gone. So go ahead and grieve that reality, but get over it and look for other profitable ways to serve your audience.

I have 24 revenue streams. The most important ones are:

• Keynote speaking events and corporate workshops
• Personal coaching
• Book sales
• Private marketing retreat (The Uprising)
• Online classes

Until last year, I would have had marketing strategy consulting on the list — this was number one for many years. But I’ve been turning down these opportunities due to the wear and tear of travel.

My point is that, purely based on the awareness provided by the Parasite Economy, I’ve reinvented myself in a way that has allowed me to move away from the 9-5 corporate job.

The economics of our world today

I’ve never received a dime from Google or Facebook, but I’ve also never paid them (or anyone) a dime in advertising. So, at least for me, it’s been a fair trade-off.

Likewise, even a media company like The New York Times has been able to reinvent itself by diversifying into new media properties like podcasts, events, books, and speaking (they are building personal brands for their best reporters).

I am NOT dismissing the galaxy of negatives about internet parasites, including many of the good points Ted made in his post.

But I wanted to provide an alternate view that, with some creativity and resourcefulness, a creator can thrive, even under these strange circumstances.

Need a keynote speaker? Mark Schaefer is the most trusted voice in marketing. Your conference guests will buzz about his insights long after your event! Mark is the author of some of the world’s bestselling marketing books, a college educator, and an advisor to many of the world’s largest brands. Contact Mark to have him bring a fun, meaningful, and memorable presentation to your company event or conference.

Follow Mark on Twitter, LinkedIn, YouTube, and Instagram

Illustration courtesy of MidJourney

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About a year ago, singer Ed Sheeran partnered with Heinz on a new hot sauce. This is a great lesson literally pointing to the future of influencer marketing, and I kept forgetting to blog about it. But before I get to the dazzling marketing lesson from Ed Sheeran, let’s talk about the marketing problem with soap …

The new influencer landscape

I recently attended a meeting at a CPG company famous for its iconic soap products. They went through a big competitive analysis with profiles of all their traditional global competitors. At the end of the talk, I sheepishly raised my hand and suggested they had completely missed their biggest competitive threat. It isn’t P&G. It isn’t Unilever. It’s a 24-year-old TikTok star.

Influencer marketing has entered a new phase. The biggest stars’ celebrity power commands more loyal audiences than traditional TV networks. Mr Beast has more subscribers than Netflix.

These aren’t just kids shilling energy drinks. They are savvy entrepreneurs who are building their own mega-brands. Here are a few examples:

• Addison Rae – Item Beauty
• Emma Chamberlain – Chamberlain Coffee
• Charli and Dixie D’Amelio – Social Tourist (clothing line)
• Hyram Yarbro – Selfless by Hyram (skincare line)
• Blair Walnuts – Jewelry line
• Michelle Khare – MKfit (fitness app)

And, of course, there is Kylie Jenner, the world’s youngest self-made billionaire who sells her cosmetics in airport kiosks,

These young creators have something the big companies don’t—a credible, authentic voice and a loyal audience that visits them online daily to see what they’re selling next.

And that brings us to the marketing lesson from Ed Sheeran.

The beautiful ketchup move

Like the other influencers I mentioned, Ed Sheeran could have created his own line of hot sauces and a saucy empire. But why?

Partnering with Heinz made so much more sense. For one thing, Heinz actually makes stuff. They have contracts with suppliers, big factories, and an excellent distribution system built over a hundred years. So, with very little actual effort, Ed made his hot sauce dreams come true just by lending his charming face to the new brand. Win-Win.

And here’s the lesson for the mega-brands. Put your marketing ego aside. Go find yourself some beloved influencers and make them rich. They can out-market you, but you can out-manufacture them. It’s a match made in heaven.

Since the Ed Sheeran announcement, I’ve been waiting for a deluge of influencer-brand product launches, but there have been very few. I don’t get it. Influencers own your market, folks. Partner with them to disrupt your market before you’re the one being disrupted.

if you’d like to hear more about this subject, I discussed these ideas with my friend Amanda Russell. You won’t want to miss it!

Click here to enjoy Marketing Companion Episode 298

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My theory is that if you created a word cloud of the most popular subjects on LinkedIn, somewhere between “let me help you skyrocket your sales” and “AI will destroy us all” is imposter syndrome. It seems to be everywhere.

One of the people I follow declared that she is writing a book about imposter syndrome and then decided that she couldn’t do it because of imposter syndrome. It seems to be a ubiquitous subject these days.

On a personal level, I don’t suffer from it much. I figure if I am invited someplace, I belong there. Either the people who believe in me are stupid, or I should be there. And I don’t think people are stupid. I have not met too many people who are immune from imposter syndrome. Why me? I’m not sure but I received a lot of positive reinforcement early in my career that might have helped.

But it’s still a frustration in my business coaching practice. For people I help, imposter syndrome seems common. I can see how worthy and talented they are, and maybe I can get them to believe it for a week, but then they devolve and feel the insecurity a week later.

In the latest episode of The Marketing Companion, Amanda Russell and I talk about different sides of this issue, and she brings up an important idea. In her days as an elite athlete, she underwent “brain training” to help develop the mental toughness to overcome injuries and setbacks. Why wouldn’t we use these techniques in the business setting?

It’s an interesting conversation you won’t want to miss! Just click here to listen in >

Click here to enjoy Marketing Companion episode 293

Please support our sponsor, who brings you this amazing episode.

Bravo for Brevo!

This episode is brought to you by Brevo (formerly Sendinblue). Brevo gives you the tools to attract, engage, and nurture customer relationships.

Now any business can build automated customer experiences, email marketing workflows, and landing pages that guide your customer to your main message. We are here to support businesses successfully navigating their digital presence in order to strengthen their customer relationships.

Go to https://www.brevo.com/marketingcompanion to sign up for Brevo for free and use the code COMPANION to save 50% on your first three months of Brevo’s Starter & Business plan!

Illustration courtesy Unsplash.com

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Here are three colliding trends that seem to indicate a massive business opportunity:

1. AI models are running out of content they need to grow. Companies like OpenAI are so desperate they are bending the rules of copyright, or breaking them, to keep growing. AI companies are under attack by copyright lawsuits.
2. Some companies are willing to pay for new sources of content. Apple, for example, floated offers worth $50 million in licensing multiyear agreements with news publishers in order to train its AI models. OpenAI is paying the Financial Times, The Associated Press, and others for content. Here is a list of all the content licensing deals in progress.
3. We are at a unique moment in the history of writing. Individuals (like me) have been creating volumes of well-written, well-researched content for many years. Millions of creators are sitting on a mountain of content that could be monetized by AI, but its not.

Do you see where I’m heading here? This is a business waiting to happen.

The Content Creator Guild

“The biggest bottleneck today is data. We often have a pretty good sense of what are the AI algorithms that we could build if only we had the data to build them. But for a lot of applications, it’s just really hard to get the data.” — Andrew Ng, founder DeepLearning AI

Let’s look at this opportunity more closely.

Large Language Models (LLMs), such as ChatGPT, are revolutionizing how machines understand and generate human-like text. But these powerful AI models are only as good as the data they are trained on. They require vast amounts of high-quality, diverse content to improve their performance and produce more accurate and nuanced outputs.

The industry is so desperate for content it’s creating synthetic content — AI content fueling AI models — which represents an obvious long-term problem if most of the internet becomes self-generated.

Like it or not, AI companies require human-generated content to compete and grow.

This is where we, the creators, come in.

For years, we’ve been pouring our hearts and souls into blogs, vlogs, videos, and podcasts. We’ve amassed an enormous backlog of copyrighted material that sits idle, waiting to be discovered and appreciated by new audiences.

What if we could do more than just hope for organic traffic and a little affiliate ad revenue? What if we could actively monetize our content by licensing it to train the next generation of LLMs?

Let’s imagine this new content power. I have 15 years of blog posts, 12 years of podcast transcripts, and a dozen books about marketing sitting largely unnoticed, gathering pixel dust. Now pile on the extensive, multi-year assets of people like Seth Godin, Martin Lindstrom, Philip Kotler, David Meerman Scott, and hundreds of others, and you will have the most comprehensive marketing database on the planet.

Keep going. Gather the assets of the greatest content creators for music, home improvement, fashion, sports. This is a goldmine of nuanced expertise and opinion on any niche topic … just what the AI ordered.

The benefits of organizing

“I have content. Come and get it Elon.” — Mark Schaefer, a nice guy who enjoys money

No individual creator could get the attention of OpenAI or Google or Zuck. But a unified Creator Guild representing tens of thousands of creators could:

• Collectively negotiate with AI companies and other technology giants
• Set standards for data usage rights, royalty structures, and attribution practices
• Create a pool of money to compensate real humans in the AI Era
• Establish incentives for new human content creation
• Navigate legal gray spaces and establish precedents and guidelines around ethics and fair use. A Creator Guild could be a unified voice for our rights while providing AI content fuel that is free of legal ambiguity.

A Creator Guild is a slam dunk win-win that pays worthy creators and solves the biggest headache for AI tech companies.

Beyond the current AI opportunity, a unified organization could also have collective bargaining power to negotiate better terms with traditional publishers, platforms, advertisers, and others who are ripping us off.

A Creators Guild could create a support network for creators, offering resources, mentorship, and opportunities for collaboration. We could even fund our own research and development initiatives to explore new ways of creating and distributing content in the age of AI.

The time is now.

This is a good and obvious solution. My concern is that the train is already rolling without us.

Tumblr and WordPress are reportedly set to strike deals to sell our data to OpenAI and Midjourney. While users have an option to toggle a button and “opt-out,” there is no provision to “opt-in” to the money.

Hold on there Sparky. You’re going to take our work and monetize it … WITHOUT US?

Without a unified voice, creators are going to be squashed.

Plus, we don’t really know how our content is already being used in the planet-sized minds of AI supercomputers. If the tech companies are already skirting the law with YouTube and other platforms, chances are they’ve already scraped my blog and yours.

But here’s the problem — at some point, these companies are going to face the music with their reckless approach to copyright and guarantee safe, license-free results for text, images, and video generation. An agreement with a massive Creator Guild would be a huge step forward to provide lawful and ethical results.

To solve this problem, AI companies are already posting jobs for human writers (for less than $20 per hour!). They need quality, creative, niche content if they want these models to provide output that is less generic and more “human.”

But they will keep taking advantage of us and our work if we don’t have bargaining leverage.

An existential issue for creators

We are rapidly moving toward a post-link world. Today, if people share links to our content, we don’t get paid, but at least we are driving potential customers to our content. That benefit is vanishing.

Analyst Benedict Evans wrote (edited for clarity):

“If an LLM can read the internet and answer questions about it based on everything it’s read, then it’s not indexing pages and links anymore, but unbundling and rebundling the contents of the pages themselves. When we went from print to the web of links, we unbundled the publications: links sent us to one page.

“If I ask an LLM what credit card to get or what hotels are good in Rome, then it abstracts and synthesizes the answers from hundreds of web pages and doesn’t send anyone any traffic. It unbundles the job-to-be-done – was the aim to find a page, or to read some prose, or to get an answer? This is an existential question for the future of the web.”

The beginning of a Creator Guild

Here’s the part where you expect me to say, “Hey gang, join me and my new Creator Guild!”

Nope.

This is a big job … a complex job. It will take a sizable company with resources to organize talent and pay for lawyers to figure all this out. Perhaps this task might fall to an existing union like the Screen Writers Guild or the Writers Guild of America.

Or, perhaps some tech giant will get smart and create an opt-in contract that provides a monthly salary for the free use of content based on the size and quality of the assets (I’m sure an AI could figure this out!). Or, maybe a venture capitalist will read this post and organize a company around the idea.

I have faith in Adam Smith’s invisible hand. There is money to be made. Somebody out there will figure it out.

I hope this post is the spark that gets things going, and fast. Sign me up.

Need a keynote speaker? Mark Schaefer is the most trusted voice in marketing. Your conference guests will buzz about his insights long after your event! Mark is the author of some of the world’s bestselling marketing books, a college educator, and an advisor to many of the world’s largest brands. Contact Mark to have him bring a fun, meaningful, and memorable presentation to your company event or conference.

Follow Mark on Twitter, LinkedIn, YouTube, and Instagram

Illustration courtesy Unsplash.com

The post It’s Time to Unite in a Content Creator Guild appeared first on Schaefer Marketing Solutions: We Help Businesses {grow}.

SXSW 2024 was a gathering of thought leadership, providing a glimpse of “what’s next” in media, technology, and marketing, among other topics. I’ve been attending SXSW since 2010. It’s expensive, crowded, and — with 500 sessions a day — overwhelming — but I regard it as an essential part of my professional growth.

Each year has its own personality. My first conference in 2010 represented the dawn of social media — unbridled excitement! SXSW 2024 seemed more somber as attendees pondered deep fakes, the existential nature of AI, humanoid robotics, quantum computing, inclusivity, and mental health.

I took pages and pages of notes — this is a serious learning opportunity! But I wanted to pass along at least a few observations. I want to emphasize that my experience is a tiny sliver of the SXSW 2024 reality. I skipped out on the celebrities, the movie debuts, and the glitzy brand activation parties in favor of relevant topics, smaller discussions and intimate dinners.

I attended a workshop on how to be a futurist. The big a-ha for me was approaching various future scenarios through storytelling. Articulating a narrative about the future makes you think through the implications of trends. Very useful.

The first research on Gen Alpha was interesting. Gen Alpha is 0-10 years old so this came through interviews with their Millennial parents. They are projected to be:

• Fiscally conservative, an outfall of parents who are in debt
• Highly aware of brands and brand preferences
• Already influential in family purchase decisions
• The first headset generation. They prefer VR to tablets
• Non-readers of book
• 40% spend at least three hours a day online, and 24% spend at least 7 hours a day on a smartphone (if they have one).

Researchers emphasize the critical value of intuition in the AI Era: “The greatest source of wisdom is in our bodies.”

An interesting idea: Imagine your brand as a character. What would it look like? What would it say? What is its aesthetic?

There has been progress with technology to detect deep fakes but the social media platforms have rejected it because hate and controversy are good for their ad sales. Experts point out that elections are already being disrupted around the world by deep fake content and the US election is going to be a misinformation shit show. Biggest threat in 2024 is voice fakes, in 2025, realistic video avatars. Sora was mentioned as a game-changer.

There are 100,000 applications that make deep fakes. Nobody stands a chance to discern deep fakes without technological support. We need AI to beat AI.

During a keynote discussion about OpenAI, protesters yelled outside, pleading to protect the jobs of graphic designers. Poignant moment and an uphill battle.

Interesting research on what creates customer immersion (beyond engagement):

1. Awareness – Overcoming distractions and getting their attention. Include them on their terms.
2. Willingness – They decide to participate. Is it worthwhile? Do we have the time? Are there others we know who are involved? Is it safe? Safety is crucial.
3. Connection – Does it meet expectations? What is it offering? Can I contribute? If you don’t make this connection quickly and clearly, you lose people. “I was drawn in, it seemed relevant.” Once they are engaged, is the safety validated? Learning about the norms of the group.
4. Investment – Risking their social capital, giving their attention, an ongoing investment. People want to see an immediate return. Is the community responsive to my needs?
5. Sharing – Earned by a gratifying experience. We want other people to share this experience. Community networks are the key to engagement loops (self-sustaining engagement, collective immersion)

SXSW 2024 was filled with thrilling brand activations like this 3D spatial computer promotion for a Netflix series.

I was encouraged to see a lot of content focused on the importance of word-of-mouth marketing as a “lived brand experience.” I wrote extensively about this in Marketing Rebellion as a key part of the future of marketing. I really think we are moving into a new era of brand marketing!

58% of Gen Z think the more absurd, the cooler it is. 82% say being weird is in. Perhaps discomfort is the future of marketing – breaking taboos.

Commercial humanoid robots are a year away and will be under $50,000. Good at moving things and lifting, nimble physical dexterity. Integration with AI allows more human-like decision-making.

TikTok has established an expectation that brands are defined by co-creation (re-mixing memes) and community instead of “broadcasting.” Co-creation is the language of the platform. You no longer have full control of your brand. Brands have to learn the language of creation. People expect brands to be part of the humor and that might poke fun at a brand.

There has been a lot written about the amount of time people spend scrolling on TikTok but what is not being captured the enormous time spent on creating for TikTok. It really stunned me to realize how many people are devoting their lives to ephemeral content in the hope of their 15 minutes of fame.

Another realization … almost every TikTok viral brand “success story” is a fluke. It wasn’t planned, it wasn’t strategized, it had nothing to do with an intentional creative effort. The famous cranberry juice case study is an example. TikTok’s recommendation for success: Lower your brand standards. Hmmmmm … that is not going to be a popular suggestion.

Growth in the gaming industry is stagnant, and the business is experiencing an upheaval due to consolidations and new platforms. Instead of new titles, growth is expected to come through interactivity and community.

With a history of employee abuse, the game industry is expected to be unionized.

SXSW 2024 was filled with a lot of movie star glitz, but I skipped that part (and the lines!) to focus on educational sessions that will energize me for the rest of the year!

Major marketing industry disruptors disclosed in various sessions:

• Hyper-fragmentation of culture and media. How do we reach them? 250 million creators = 250 million new media channels
• Rapid growth of Discord and other private communities
  Ad-free social media platforms
• No watercooler moments – no shared experiences due to isolation
• Spatial computing
• Immersive and metaverse — headset costs will drop, experiencing products will be transformed
• Data privacy — 2.6 billion data records breached in the last year
• Crackdown on collecting biometric data
• Data wallets. Consumers control the narrative
• Sustainability — Advertising eats up a lot of energy. Times Square could power 160,000 homes
• Neuroscience — EEGs, Eye tracking, wearables, neural links. Meta is working on a tech that can read your mind
• Real-time advertising reactions enabled by AI
• There is a backlash against purpose-driven marketing because too many brands make promises they don’t keep.

Japanese technology used human brainwaves to communicate with a 3d printer and print a functional guitar. The command line is “your thoughts.”

We are in a technology supercycle that will create sustained changes in the economy. The last example was the Internet. Three technologies are driving this cycle: AI, biotech, and interconnected devices.

What if somebody creates an “AI event” with thousands of fake accounts and a variety of real content and reactions? It would take us a long time to figure out it was fake, and by that time, it could trigger a real-life reaction. The end state of AI is not cartoon images; it is a war, stated futurist Amy Webb. You can watch her talk here:

AI is running out of data, so companies are inventing new devices to get more data into their systems. We are about to be surrounded by millions of sensors to not only know what to say next but also what to do next. VR, like Apple Vision Pro, is a face computer that will collect details about your life. It will read your intentions by reading your pupils, which react before your body does. It will know what you will do before you do it. There will be a battle for face supremacy.

If somebody steals your biometric or movement identity, there is no way to get it back or reset it.

The market does not reward safety. It rewards supremacy.

An organoid is a computer grown from human brain cells. This is already happening. Brain-based computing (organoid intelligence) disconnects our need for rare materials and massive energy consumption.

AI will create massive disruption in jobs and the economy. Governments need to create a Department of Transition (create a soft landing for businesses, move people to trades)

Compared to other years, social media, content marketing, and Web3 were down; podcasts, metaverse, influencers, privacy, experiential marketing, community, and storytelling were up. And of course, AI was featured in a thousand sessions!

Well, those are a few takeaways from SXSW 2024. Hope you found something useful here and maybe I’ll see you at SXSW next year?

Need a keynote speaker? Mark Schaefer is the most trusted voice in marketing. Your conference guests will buzz about his insights long after your event! Mark is the author of some of the world’s bestselling marketing books, a college educator, and an advisor to many of the world’s largest brands. Contact Mark to have him bring a fun, meaningful, and memorable presentation to your company event or conference.

Follow Mark on Twitter, LinkedIn, YouTube, and Instagram

The post What’s Next? Reflections on #SXSW 2024 appeared first on Schaefer Marketing Solutions: We Help Businesses {grow}.