
There's a fundamental disconnect between the goals of the
ad industry to become more serious, analytical and both quantitatively and qualitatively "data-intensive" and the culture of American universities educating the next generation of industry
professionals.
That's the top-line finding of an in-depth study of marketing, advertising and communications professors conducted by the Association of National Advertisers ANA Education
Foundation (AEF).
The report, "Bridging The Analytics Disconnect: Charting A More Data-Driven Pathway To Growth," was released this morning and finds that the vast majority of
professors perceive that students see the industry as "fun" and "creative," but not necessarily as "analytical" and "quantitative."
“At my institution, students who gravitate toward
advertising are not math or computer skills-oriented,” said Saleem Alhabash, associate professor of advertising and public relations at Michigan State University, who participated in the
study.
“The perception is that advertising is not a math-heavy major. These students often lack the confidence necessary to acquire analytics skills," he explained.
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The
study, which interviewed 150 academics in the fall of 2019, recommends the industry takes steps to:
- Update perception of marketing and advertising from just fun and creative to include
quantitative and analytical.
- Build bridges between professors and analytics executives to produce marketing and advertising case studies for the benefit of students.
- Offer broader softer skills for data and analytics executives and students entering the advertising and marketing industries.
“The use of data and analytics in
marketing will only grow exponentially in the coming years, and it’s essential that we develop the talent we will need to use those tools in the most cost-effective and productive manner
possible," stated ANA CEO Bob Liodice.