Is This Year the Last Year of the SXSW Agency Invasion?
The handwringing has begun. No sooner were we all a twitter over marketers taking over SXSW (myself included), it seems the backlash is now in full swing.
Several years ago (maybe 2010) when I saw Pepsi erect that gigantic playground and CNN take over that restaurant, I knew the quaint geek-fest days of SXSW where over and we were in for a very different SXSW. But even then, SXSW was still an orgasm of epic digital awesomeness.
Having attended SXSW long enough to know what it was before brands and agencies invaded, I see this as a bubble. And bubbles don't last forever. Like every thing else in the ad business, every cool, new thing is chased. Every single one. Longer than any sane person would chase.
But even insane, trend-chasing ad agencies wake up one day and realize, "Oh yea, this shit isn't making a dime for us" and they move on to the next cool thing. This will be the fourth year of the SXSW Agency Invasion and while I'm sure next year will be just as big, I'd have to agree with this mystery Digiday writer, we're going to see a decline in attendance by agencies from this point on.
Not a complete exodus because agencies should always be present in any environment where new ideas and innovation are at the forefront of the conversation. And, SXSW is, indeed, that place.
Having said all that, it's been a great past few years from one respect. Prior to the SXSW Agency Invasion, one had to pay for everything oneself. Now everything is sponsored. It's entirely possible to stay in Austin for five days and never spend a dime on food or drink.
So thanks for that, Madison Avenue.
Topic: Industry Events