Nick Cocks
Jul 27, 2010

Waiting for the rebirth of advertising

Nicks Cocks, creative partner at The Clinic, wonders when advertising will see its long awaited recovery in the wake of the global financial crisis and recent rising ad spend figures.

In 1987 the Saatchi brothers tried to buy Midland Bank in London. They were promptly laughed out of the city. Quite right too. It was a stupid idea. In spite of their hubris, however, they still made a massive statement that changed the business.

The fact that the most famous advertisers in the world wanted to get into banking was an unmistakable sign that the action had moved on. Greed was good, global finance was king and advertising was...

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