Latin2Latin Marketing + Communications, (L2L), has much to celebrate as 2017 winds down, including double-digit expansion, a 10th anniversary and being named the U.S. agency of record (AOR) for Ana G. Méndez University System (AGMUS
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Latin2Latin Marketing + Communications is the AOR for Ana G. Mendez University System
What Is Plan B for Ad Agencies and Holding Companies?
We’re all familiar with “Plan B.” It emerges out of the haze when Plan A has self-destructed for one of a thousand reasons. An unexpected snowstorm cancels our flight. We’ll have to scrub a key meeting. Too bad. On to Plan B. If there is no Plan B, we’ll have to improvise. We’re usually unhappy with Plan B. It’s a necessity, born of circumstance. We shrug our shoulders, wistful and disappointed. Oh, well. Plan A was so much better! But … it isn’t happening. By Michael Farmer
Republica wins 27 Industry Awards
Republica marks its 11th anniversary having recently won a total of 27 industry awards, including three National ADDY Awards, nine W³ Awards, and 15 Davey Awards. The awards honor excellence in creative, social and digital.
How Do Ad Agencies Rekindle Revenue Growth?
What are the steps that creative ad agencies can take to rekindle revenue growth? We recall that agency fees have been under downwards pressure for quite some time due to brand globalization, client obsession with “shareholder value,” the rise of procurement, the fragmentation of media, the scrapping of AOR relationships and the stagnation of brand growth. These factors have driven fees downwards and reduced the length of client relationships. The agency scramble for new business has pitted agency against agency in an industry price war. Where is this headed? Can any agency “break out” of this deadly cycle and join the Madison Avenue Makeover Club? Is there a way to restore ad agency revenue growth? By Michael Farmer
The Future of Agencies Isn’t What You Would Expect: The Changing Agency, Today
The future of agencies is less about actually preparing for the future, but making changes today in the way we work and how we deliver results for our clients. Most of the advertising industry is grappling with the idea of full-service shops versus unbundled, more focused agencies; when in reality it does not matter where we sit or what the agency focus is because this isn’t going to help us overcome the key issues we’re facing. by Keith Mackay
The 5 ‘Ss’ Marketers Want From Vendors
Over the last few months I’ve had the opportunity to speak with close to 50 marketers, friends, clients and former colleagues. I didn’t have an agenda or a pitch, just a conversation about their career paths and how they decided on their professions. The conversation eventually made its way into a discussion of relationships they had with various consultants, advisors, and agencies. Just for kicks, I built a word cloud from my notes and saw five themes emerge from what they wanted from a vendor.
Adoption of Account-Based Marketing Expands to Agencies
When it comes to agencies’ clients, a whopping 100 percent of all agency respondents report that they have clients who use ABM. Of these respondents, 91 percent agree that clients who have adopted ABM have improved alignment between their sales and marketing teams.
Are Agency Careers A Dead End?
A few years ago, we made fun of the intended marriage of Publicis and Omnicom, which eventually fell through because neither Paris nor New York was prepared to compromise about where the new headquarters was going to be and who was going to lead the newly formed company. We laughed at “Publicom” or “Omnicis.” Silly guys, for falling out over such petty challenges. by Maarten Albarda
The Diversity Pipeline Is Now
Lack of diversity and inclusion throughout corporate America has been a topic of both pointed interest and hand-wringing consternation. Although this problem is not the sole domain of any one sector, due in part to their popular visibility and financial resources the tech and advertising sectors are often targeted as embodying the challenge of creating a diverse workplace. T
Finding Your V.A.L.U.E.
In my last post on the Five Traits of Successful Intrapreneurs, I discussed how all agency employees, no matter their level, have a unique view ‘under the hood’ of their team or department. Everyone has their own experience, their own eyes, and can catch things others may miss. By Austin Bauer – PCC, Performance Coach and Facilitator
Advertisers Lack The Education To Keep Up With Technology
It’s becoming increasingly harder to make intelligent media-buying decisions when using emerging technologies like blockchain and programmatic. While technologies like these move the advertising industry forward, some insiders believe that many marketers lack the knowledge to support this growth.
Beautyrest names Anomaly as AOR
Simmons Bedding Company, LLC, a subsidiary of Serta Simmons Bedding, LLC (SSB) and maker of the Beautyrest® premium brand mattress, announced its selection of Anomaly as the company’s new lead agency, and will partner with the company on strategy and creative development.
Is There Value in Advertising Awards?
Publicis Groupe’s decision to save money by not entering any advertising awards shows next year seemed to have elicited more puzzlement than empathy in the media reports filed from the Cannes International Festival of Creativity, where CEO Arthur Sadoun dropped the bombshell in June. By Thom Forbes
Ad Industry Anti-Piracy Efforts Have Cut Pirate Ad Revenue in Half
The Trustworthy Accountability Group (TAG), an advertising industry initiative to fight criminal activity in the digital advertising supply chain, eeleased a new study – “Measuring Digital Advertising Revenue to Infringing Sites” – showing the impact of industry efforts to reduce ad-supported content piracy.
Why Cash Doesn’t Matter
You log into your bank account – and it looks like you just hit the lotto. The large project deposit payment you’ve been waiting for finally arrived, and for a moment, you start to dream about how it will change the face of our agency, from new hires, raises, possibly moving to a larger office, and more. It all seems possible, especially if you’re looking at your agency’s finances on a cash basis. To make the best decisions though, you need to remember, cash doesn’t matter. By Andrew Suzuka, CEO, Optimization Partners
PACO Collective chosen as Cross-Cultural AOR for Carl Buddig & Company
Chicago based PACO Collective (PACO) has been selected as the cross-cultural agency of record for Carl Buddig.
Brand Safety and Audience Analytics Top Cost Efficiency in Importance to Marketers and Media Agencies
Brand-safe media environment has catapulted to the top of media-buying priorities among media agency decision-makers, while research insights, audience analytics and data intelligence collectively rank as the most relevant contributing factor in the decision-making process among marketers. By Jack Myers
CenturyLink taps Pinta for Hispanic Marketing
CenturyLink, a global communications and IT services company, has engaged cross-cultural agency Pinta to tap the burgeoning Hispanic market.
The Five Traits of Successful Intrapreneurs
Nobody knows your company quite like those on the front lines. Junior producers, account execs, senior planners – they have visibility on details upper management can never have. These people see firsthand where resources are mismanaged and opportunities are missed.
DiMassimo Goldstein named AOR for the Bronx Zoo
DiGo will be spearheading the iconic organization’s efforts to drive attendance and communicate its brand story.