Agency

Agency Costs: New Developments & Trends

In theory, the fees that agencies charge their clients are based upon a combination of direct labor costs, an overhead allocation, and a desired level of profit.

How Extended Payment Terms May Affect Agency Relations

A recent report from the 4A's doesn't mince words regarding the current state of payment terms between client-side marketers and their agencies. "The Ripple Effect of Extending Payment Terms" is a full-throated call to action for agencies to only accept 30-day payment terms.

Who is productive, and who isn’t? Here’s how to tell.

More than 50 percent of workers say their productivity is down. Managers who understand what motivates different types of workers can boost their engagement and help them find more satisfaction at work.

Records of Trailblazing Latino Journalist Association Find Home at USC Libraries

The USC Libraries have acquired the records of CCNMA: Latino Journalists of California, the trailblazing professional association fostering diversity within the news media for more than a half century.

Ariel Alternatives/ Project Black purchases majority stake in My Code

Private investment firm Ariel Alternatives, LLC (“Ariel Alternatives”) and My Code announced the completion of a strategic transaction. Ariel Alternatives’ Project Black (“the Fund”) has acquired a 58.5 percent stake in the Company from existing shareholders Falfurrias Capital Partners, My Code management and employees, and other investors, at an enterprise valuation of $400 million, based on current and future performance projections.

Immigrant Archive Project launches Legacy Film Division

Capturing the essence of families' unique stories has always been our passion, and now, we're taking it to the next level with our dedicated Legacy Film Division.

Diversity, Equity, and Inclusion: Marketing Luminaries Weigh In

In today's business world, the topics of diversity, equity, and inclusion (DEI) are more than just buzzwords; they represent critical components for innovation, creativity, and growth. But what do some of the industry's luminaries think about these pressing issues? Marketing Futures Podcast host Mike Berberich shares some recent responses to a question he asks every guest: "What are your thoughts on diversity, equity, and inclusion?"

Three Stages to a Successful Scoping Season

In the world of marketing, there's a critical period that both big advertisers and their agencies know all too well: the scoping season. It is the ultimate team project, where advertisers and agencies come together, ready to hash out plans and budgets for their next big campaigns.

Here’s Why Multicultural Consumers Are More Concerned About Privacy Issues

Given their significant cultural and economic impact on the market, multicultural consumers are more likely to be concerned about their privacy than White consumers due, in part, to several factors, like discrimination, language barriers, and lack of awareness of consumer rights.

Steven Wolfe Pereira named Chief Client Officer of TelevisaUnivision

TelevisaUnivision President of U.S. Advertising Sales and Marketing Donna Speciale announced the appointment of Steven Wolfe Pereira to Chief Client Officer, a newly created role designed to accelerate the company’s client relations for more brands to engage with U.S. Hispanic consumers authentically in-language and in-culture.

About 8.2 Million People Moved Between States in 2022

The number of people who moved between states rose from nearly 7.9 million people in 2021 to approximately 8.2 million people in 2022, according to newly released U.S. Census Bureau estimates.

Granda Entertainment launches Latin Music Pride Project for Year-Round Celebrations

Granda Entertainment announced the launch of the Latin Music Pride Project, an initiative that intertwines the vibrant beats of Latin music with the year-round celebration of pride. This project aims to elevate the diversity and unity celebrated at pride events across the US and Latin America, happening not only in June but throughout the entire year.

Why is collaboration key to CMO success?

While many chief marketing officers (CMOs) continue to face headwinds, there’s never been a better time to be a CMO. The marketing department’s responsibilities have expanded well beyond what we might think of as traditional marketing.

Guidelines for AI Use [REPORT]

PR practitioners have a new resource to help them navigate the growing world of artificial intelligence (AI).

LOLA- The AI assistant for Immigrants

Leap Financial, a financial services technology company focused on the specific needs of immigrants and their families abroad, has launched Lola4i.com, an AI assistant that coaches recently arrived immigrants to the U.S. as well all next-gens who may struggle to get fully integrated.

Beyond belt-tightening: How marketing can drive resiliency during uncertain times

With the economy still sending mixed signals, it’s no great surprise that companies are feeling skittish and cutting costs. Unfortunately, the marketing budget is often the first to go. In December 2022, we surveyed nearly three dozen chief marketing officers (CMOs) of major North American consumer companies. On average, they told us that their company boards demanded an 8 percent reduction in marketing expenditures over the previous 12 months. In some cases, marketing budgets were cut by as much as 10 to 20 percent. One large public company even slashed its marketing budget by more than 20 percent.

Equality & Inclusivity Drive Brand Growth and Offset Potential Risk

In 2020, more than 500 companies and marketing executives signed the ANA AIMM Pledge, doubling down on eradicating systemic inequities and achieving equity in the marketing and advertising industry. In the years that followed, there were remarkable transformations, increased investment in diverse media, improved representation behind and in front of the camera, a rise in inclusive marketing and authentic cultural portrayals in ads and content, and far-reaching commitments to diversifying talent.

Winning Gen Z Hearts: 15 Tips to Rock Your Marketing

By 2025, 85 million U.S. customers will be in the gen Z age group, according to MarketSplash. Gen Zers, born between 1997 and 2012, is a generation that's reshaping the rules of engagement between brands and their audience. Born into a world of smartphones, social media, and instant connectivity, these digital natives approach shopping and brand interactions in unique and innovative ways.

2023 ANA Global CMO Growth Summit Recap [REPORT]

Coming together as a leadership body for the sixth time in Orlando, CMO delegates identified clear, immediate action items to accelerate the pace of progress toward our stated objectives.

Republica Havas Breaks Record, Winning 18 El Ojo de Iberoamérica Awards and 2 Finalist Recognitions

Republica Havas is the winner of 18 awards and two finalist recognitions across 15 categories from El Ojo de Iberoamérica 2023 that took place in Buenos Aires, Argentina.

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