Good advertising is not enough anymore. With technological and societal progress, savvy consumers, and new media revenue models, advertising needs to be truly good to serve a purpose and to be allowed to live on. In this paper, I outline how truly good advertising (TGA) does not only produce equity for the advertiser, but also generates advertising equity to the benefit of the consumer, adds value to the media context and has a positive impact on society.Let's not talk about good advertising anymore. It's been talked about for centuries already, and written about since at least 1896, when Charles Austin Bates (1896) published his book "Good Advertising: And Where it is Made" (which was the earliest publication I found when I googled). Google Scholar produced nearly 8,000 texts that discuss "good advertising," within a diversity of fields ranging from economics (e.g., Becker and Murphy 1993), finance (e.g., Abayi and Khoshtinat 2016), strategic management (e.g., Mason and Belt 1986), innovation and technology (e.g., Cooper and Kleinschmidt 1994), journalism and mass communication (e.g., Otnes, Spooner, and Treise 1993), and public policy (e.g., Boddewyn 1985), to, of course, advertising research (e.g., O'Connor et al. 2018).Still, with all this talk and study of good advertising and how it is made, advertising does not seem to be doing well. In fact, it seems to be dying. Advertising's impending death has been proclaimed repeatedly in recent years. The New York Times anticipates that advertising will die, because consumers don't need it (Kuntz 2009) and even hate it (Hsu 2019). So do, for example, Fast Company, because consumers can avoid it (Cassano 2013), The Guardian, because increasingly aware consumers are changing the rules of the game (Prest 2012), and CNBC, because the new media don't want it (CNBC 2016). Scholars have argued for similar reasons that advertising as we know it cannot survive (e.g., Rust 2016;Schultz 2016;Stewart 2016).What this all means, I would like to argue, is not necessarily that advertising is not good enough. It is rather that good advertising is not enough.
Good advertising is not enoughBrowsing through the texts since 1896, I find that not much seems to have changed from Bates's definition of good advertising as being advertising that sells products. Bates gives advice on how to use pictures, layout, copywriting, and tonality to make people want to buy the advertised products, and more than 120 years later, the texts on good advertising are still preoccupied mainly with how advertising spending, design, placement, and formatting can increase the advertiser's financial wealth directly or indirectly. In our content analysis of recent years' advertising research,