This video (hat tip J. Owyang) encapsulates the death of the 1950’s Madison Avenue advertising paradigm.
Scholz & Friends: “Dramatic shift in marketing reality from Michael Reissinger on Vimeo.
Related slideshow (focused on real estate marketing): The Hard Sell is Dead

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This video gives a great perspective on the Web 2.0 / social media shift. Forwarding this one and then some. Talk about relevant.
Great video! Also really liked related slideshow The Hard Sell is Dead.