Creativity Magazine

Risk-Averse: Marketers Are In Sync With The Culture

By Mrstrongest @mrstrongarm

Risk-Averse: Marketers Are In Sync With The Culture

Let’s face it: most content looks and sounds the same.

Risk-Averse: Marketers Are In Sync With The Culture

Blogs, ads, books, videos, music, movies, TV shows– you name it.

Risk-Averse: Marketers Are In Sync With The Culture

Marketers and brands have always copied each other, but today, it’s a rare brand that stands out.

Risk-Averse: Marketers Are In Sync With The Culture

Nobody wants to take a chance. Nobody wants to offend.

Risk-Averse: Marketers Are In Sync With The Culture

Which means little or no innovation, because innovation– trying something new– involves risk.

Risk-Averse: Marketers Are In Sync With The Culture

Result: most brands look the same, which makes them invisible, which is the worst possible thing for a brand.

Risk-Averse: Marketers Are In Sync With The Culture

Or is it just me??

Risk-Averse: Marketers Are In Sync With The Culture

Apparently not.

Risk-Averse: Marketers Are In Sync With The Culture

Peggy Noonan writes an opinion column for the Wall Street Journal. Her November 27-28, 2021 column was about risk aversion, and how it’s become a global phenomenon.

Risk-Averse: Marketers Are In Sync With The Culture

Her remarks were inspired by a new study conducted by the Institute for Family Studies, the American Enterprise Institute, and the Wheatley Institution. At several points she quotes Yuval Levin, a director at AEI.

Risk-Averse: Marketers Are In Sync With The Culture

Some excerpts:

Risk-Averse: Marketers Are In Sync With The Culture

The new passivity is global, and further along in parts of Europe and Asia… the waning of “life scripts” provided by family, religion, and traditional norms (means) younger Americans are less sure of where to step and how to build their lives.

Risk-Averse: Marketers Are In Sync With The Culture

We are seeing “a rising generation acutely averse to risk,” and this trend isn’t confined to the young. “Excessive risk aversion” is deforming other areas of American life, from child rearing to work and public leadership.

Risk-Averse: Marketers Are In Sync With The Culture

And it seems intertwined with a general tendency toward inhibition… we see this in speech and conduct codes, which leave Americans “walking on eggshells around each other in many of our major institutions.”

Risk-Averse: Marketers Are In Sync With The Culture

This new ethos “stifles the public arena while denying us recourse to private arenas and tells us how not to behave without showing us how to thrive.” (my emphases)

Risk-Averse: Marketers Are In Sync With The Culture


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