ArabianBusiness.com - Middle East Business News
Wednesday, 03 December 2008 08:30 UAE time

YOUR DIRECTORY /

Print this page Print this page | Email this to a friend Email this to a friend | Discuss this article (4 Comments) |

Property advertising 'mediocre' - Ghossoub

by This email address is being protected from spam bots, you need Javascript enabled to view it  on Thursday, 19 June 2008
ADVERTISING BLASTED: International Advertising Association president Joseph Ghossoub (pictured) has labeled the standard of real estate advertising in the region as 'mediocre'. (ITP Images)

International Advertising Association president Joseph Ghossoub has labeled the standard of real estate advertising in the region as “mediocre”, accusing younger advertising executives of “looking for material gain immediately”.

The chairman of the Holding Group, while quick to praise campaigns for the region’s biggest developers, said in a interview with magazine CEO Middle East he is concerned about the work produced for smaller developers, accusing them of failing to develop strong brand identities.

“For the majority of the real estate businesses, I would say the creativity levels are not medium but mediocre. Today very few of the real estate companies in the market have worked on their branding the way the major players have.

Story continues below
advertisement

"At the end of the day you must be able to provide customers with an offering and a brand they can relate to. And few have achieved that. Every company is giving the same message and they are all singing the same song. There are 100 developers doing the same thing.”

Ghossoub’s comments come in an exclusive interview to be published in CEO Middle East in June.

He also had strong words for young advertising executives, and said he is increasingly unimpressed by their work ethic, which he claims, is geared towards material gain and not career progression.

“Our times were different. I would not say they were harder but it’s different now. What I’m realizing is that the new generation is losing its entrepreneurial spirit.

"They are looking for material gain immediately, which was not the case in my generation. It was 50% that but the other 50% was building a career with a lot of sweat. Today the new generation wants everything done by tomorrow.”

His comments come just a month after Kevin Roberts, worldwide CEO of Saatchi and Saatchi, launched a scathing attack on the creative standards of advertising in the Middle East.

Print Print | Email Email | Discuss this article |


READERS' COMMENTS



Click here to post a comment


Add your Comment
All posts are sent to the administrator for review and are published only after approval. ArabianBusiness.com reserves the right to remove any comment at any time for any reason. Please keep your responses appropriate and on topic.
Name *
Remember me on this computer
Email *
(Your email address will not be published)
City
Country
Subject *
Comment *
Notify me of further comments
Security Code * Code


Please click post only once - your comment will not be published immediately.


MORE FROM ARABIANBUSINESS.COM

 EMAIL ALERTS

  1. The Holding Group (THG)

  2. Media & Marketing



EMIRATES ID DOWNLOAD

READER COMMENTS

Read all user comments >

BUSINESS FEATURES

Delivering TV over broadband

IPTV - television over a broadband infrastructure - has been around for a while, but is just starting to take off.

Hanging on the telephone

An offensive phone call by BBC stars Jonathan Ross and Russell Brand caused a public outrage.

Enter the dragon

With several business interests and a new book launch, James Caan barely has time to sleep.

BUSINESS INTERVIEWS

An animated man

When Mohammed Saeed Harib created Freej, he never imagined his vision would evolve into a theme park.

Finally got my MTV

MTV global vice chairman Bill Roedy tells Tamara Walid why the channel will be a chart-topping success.

Headline act

Piers Morgan has transformed himself from hard-nosed tabloid editor to hard-nosed talent show judge.

MORE FROM ARABIANBUSINESS.COM