Data is the new black. Touted as a silver marketing bullet, data and scientific thinking will guide creativity in an evolving social and mobile universe. This is the rationale underlying the launch of OgilvyAmp, essentially an aggregation and rebranding of the data wonks buried among Ogilvy’s global offices. This is a great PR move, which exaggerates Ogilvy’s IBM-driven capabilities and differentiates the WPP agency from the rest of us who manage and analyze data for clients. Yet in spite of these press-worthy moves and the widespread availability of proven data collection, mining, processing and automation tools mainstream marketers aren’t walking the walk. So why would rational competitive marketers underutilize tools that could make them smarter, faster and richer? Here are 6 stumbling blocks. Math Phobia. Most of us suck at math or are still traumatized by residual math anxiety from school. Couple this with the general feeling that math constrains creativity and you have an attitudinal bias against using the data at hand. Talent Deficit. The top math guys don’t work in marketing or advertising. Agencies, marketers, e-merchants and publishers are constantly trolling for hard-to-find analysts, modelers and database marketers but come up short. For math savants, advertising is baby Read more…