Who would want to be at an agency these days? Pitch after pitch after pitch, controversy after controversy, new vendors every time you turn around, competition from (comparatively) new entrants. It’s no life for someone after a quiet life, that’s for sure. And now along comes a new threat: clients taking parts of the media agency role in-house, reducing their reliance on their partners and threatening agency revenue. By Brian Jacobs
Marketing
In-Housing Threatens Agencies
How To Cut CMO Turnover
Businesses are tasking marketing pros with more responsibilities than ever before. Sales and advertising are now commonly combined with marketing as well as public relations, digital, social media and everything else in that arena. With so many demands, marketing professionals are leaping to opportunities that either match more appropriately with their exact niche or are finding they’re on a hamster wheel and are ready to have more peace with a new organization.
Digital Ad Marketplaces Don’t Work For TV
For years, folks in the ad industry have talked wistfully of the day when TV advertising would be bought through automated online interfaces on auction-based bid marketplaces, as search, social and digital display advertising have been bought since the middle 2000s.
How Data Exhaust Can Overload Digital Marketers
Marketers are drowning in information. And they often scrap excess data rather than sift through and make sense of it.
Measuring the influence of brand marketing on sales
Effective brand marketing increases the probability of consumers either picking a brand or paying more for a brand when it is time to buy. But what data and analytic approaches help us to understand the influence of brand marketing on sales? By Bill Pink / Kantar Millward Brown- Head of Brand Guidance Analytics in North America
Influencer Marketing’s Wake-Up Call
When Unilever CMO Keith Weed announced at June’s Cannes Lions festival that the leading CPG company would no longer partner with influencers who buy followers, it was a wake-up call to the industry about the rise of fraud in the practice of influencer marketing. Defined by eMarketer as marketing that “identifies and activates individuals who can sway the brand preferences, buying decisions, and loyalty of the broader population,” in practical terms the tactic also refers to how companies compensate celebrities, social media “stars,” or industry experts to create content on behalf of brands and endorse products — typically paying them based on their follower count.
Aligning Marketing and Sales
he issue of strategic and operational alignment between sales and marketing is not a new topic in the B2B realm, and most organizations agree on its importance, at least in theory. Why, then, is it so challenging to achieve that alignment in practice?
How brands can earn attention in our digital world
I am always amazed at the power of a good meme, but the idea that humans have an attention span shorter than a goldfish has had a disastrous effect on the advertising industry. Worse, it now appears that there is no real evidence to back up the original claim. by Nigel Hollis
In-Housing Isn’t Telling The Full Story, Says 4A’s
The latest headlines, based on the Association of National Advertisers research, notes that three out of four marketers have in-house capabilities. The same research also acknowledges that 90% of ANA members still have a relationship with an agency, proving that agencies endure as we undergo the most massive transformation the industry has ever experienced. It’s also worth pointing out that some of these respondents may work at in-house agencies-the industry should be wary of reports where respondents are rating themselves.
Taking a Pulse on Advertising
The landscape of advertising is constantly evolving. New technologies, Millennials, aging Baby Boomers, and shifting social climates shape and re-shape the way advertising is consumed and perceived.
Mitsubishi Motors launches Hispanic Campaign Titled “United by Rhythm”
Mitsubishi Motors North America, Inc. (MMNA) announced a new Hispanic marketing campaign to support the brand’s 2019 crossover utility (CUV) family.
Boost Marketing With Storytelling
For memorability and emotional connections, nothing beats a good story.
The Disruptive Impact of Data-Driven Messaging
Throughout the history of mass consumer advertising, creative teams drove the bus while the media team played a support role. The advent of programmatic digital flipped that model on its head. Today it is the media team that leads every digital marketing effort, while the creative team has been relegated to a supporting role.
Humans Vs. Machines: Empathy Is Not An Algorithm
What exactly separates people from machines? Two things, actually: creativity and empathy. No matter what gets developed in AI, these are the two elements that can keep the agency services business alive, and keep marketers busy for years to come.
A meaningful brand goes beyond customer need
Reading Joel Trethowan’s article ‘Need, culture and experience – three sides to the brand relevance triangle’ reminded me of the lengthy discussions predating the launch of BrandDynamics. The old BrandDynamics pyramid is long gone, and maybe the word “relevance” should be as well. by Nigel Hollis
Cracking the Code to Today’s Multicultural Audience – Multicultural Audiences Define New Age Media Patterns
America’s multicultural audiences are on the leading edge of the tech adoption curve. From 2013 to 2018, Asian, Latino, and black audiences have been ahead of the streaming curve. The average TV viewer spends 43% of time with live TV, 35% with streamed content. Latinx, blacks, and Asians split their time almost evenly, with about four in every 10 hours spent on live, another four in 10 on streaming, and the rest on vod, dvr, or dvds. By Adriana Waterston- Senior Vice President of Insights and Strategy at Horowitz Research
When Media Usage Overlaps [PODCAST]
In the latest episode of “Behind the Numbers,” eMarketer’s Oscar Orozco and Corey McNair discuss how consumers engage with content while multitasking.
Five Charts: Why Users Are Fed Up With Digital Ads
While many people understand that advertising is a necessary burden that comes with viewing free content, the current state of digital advertising is still annoying a lot of folks, according to several studies.
Number of In-House Agencies Rising Rapidly [REPORT]
The number of marketers with in-house agencies has grown substantially over the past five years among members of the ANA (Association of National Advertisers), according to a new ANA study.
Why are integrated media campaigns so challenging? [REPORT]
The latest Getting Media Right finds that marketers globally continue to struggle to assess their marketing performance due to disconnects in strategies for reaching consumers. So why are integrated media campaigns so challenging? by Aaron Peterson – Director, Marketing & Insights / Insights Division at Kantar