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'Fragile' marketing industry regroupingThe Services SETA is the first industry stakeholder that has stepped up to encourage the marketing industry to leave the past behind and find a new vehicle for its aspirations - or risk being sidelined by business and Government. But industry pundits are warning that any new organization must include all stakeholders, including the country's global marketers. Services SETA CEO, Ivor Blumenthal has invited stakeholders in the industry to a meeting on Friday, 7 October to discuss and agree on the future of the marketing industry. The meeting will be co chaired by James McLuckie, previously CEO of the Institute of Marketing Management of South Africa. There is anger in the larger marketing fraternity at the inability of the marketing leadership to present a united front and keep its own house in order. The marketing fraternity feels it has been made to look the fool, that it doesn't take its own business seriously enough - a hard pill for an industry where business is all about marketing. Blogposts on Bizcommunity.com which broke the story of the MFSA's dissolution with a debt of R5 million, called for the Board to be held accountable, asked where the money had gone, and said it was tragic in an industry which builds brands, not to be able to rescue its own. "This is the decade long struggle between marketers and advertisers, where the latter would have us believe that advertising is the be-all-and-end-all of marketing. We all know the fallacy of this argument and would argue that advertising is part of the marketing mix but certainly should never be considered to be at the forefront of that mix. "Another issue is the threat from the public relations industry where again that profession has seen fit to disassociate itself from marketing services within the Services Sector and instead choose to be classified as specialised business consulting practices. This may be so, but industry pundits are cautioning that no one organization, body or company can take responsibility for the whole sector. Whatever form a new marketing body takes - they must not proceed without complete buy-in from all relevant stakeholders, Bizcommunity.com was told. As marketing analyst Chris Moerdyk put it so succinctly: "There is a lot of hysteria out there right now, but at the end of the day, it's the big marketing companies that will decide which organisation they are getting involved with." About Louise MarslandLouise Burgers (previously Marsland) is Founder/Content Director: SOURCE Content Marketing Agency. Louise is a Writer, Publisher, Editor, Content Strategist, Content/Media Trainer. She has written about consumer trends, brands, branding, media, marketing and the advertising communications industry in SA and across Africa, for over 20 years, notably, as previous Africa Editor: Bizcommunity.com; Editor: Bizcommunity Media/Marketing SA; Editor-in-Chief: AdVantage magazine; Editor: Marketing Mix magazine; Editor: Progressive Retailing magazine; Editor: BusinessBrief magazine; Editor: FMCG Files newsletter. Web: www.sourceagency.co.za. View my profile and articles... |