Top 1 replica watches at replicawatches.to.

https://www.upscalerolex.to/

What Agencies And Clients Must Do Differently To Succeed: Forbes

What Agencies And Clients Must Do Differently To Succeed: Forbes

This story was originally published by

This piece from Forbes makes for sombre reading. While it's not suggesting agencies are dying, Alexei Orlov, global CEO of Rapp, says there's an element of fear within agencies, meaning they don't have the right conversations with clients. It ends up with clients talking at agencies, rather than with them. He's got some tips though as a reward for making it to the end of the article.

SHARE
THIS



The shift to analytics-driven marketing and technology-enabled business growth has changed the nature of advertising agencies.

The era of “Mad Men,” where advertisers primarily focused on TV, radio, and print advertising is gone. In its place are specialists who focus on social media, digital media, and traditional media. And, there are behemoths who attempt to pull all disciplines into a single house.

On top of it, the traditional agency model was built on a revenue generation approach that included media placement; while there were different models, the most common one was based on a percentage of the media placed (e.g., 15% of the value of media placed). That model is being disrupted as programmatic media buying takes hold and clients push for changes in the agency compensation model.

With expectations of agency performance increasing (i.e., linking agency performance to client in-market performance), the agency compensation model being disrupted, and new, leaner competitors cropping up, one could argue that the golden years of agencies are over. To better understand this shift, I recently talked with Alexei Orlov, Global CEO of Rapp. What makes Orlov’s perspective interesting is that, having spent most of his career on the client side (was the CMO of Volkswagon, China prior to Rapp), he provides unique insight on the future of agencies, what agencies need to do to better meet client expectations, and how clients can get more out of their agencies.

Read the full article here.

Please login with linkedin to comment

Australasian Catalogue Association content future of advertising Is He Asahi LinkedIn

Latest News

Apple Crushes Analyst Expectations Posting Record Revenues
  • Technology

Apple Crushes Analyst Expectations Posting Record Revenues

Apple has crushed analyst expectations. revenue has exploded 11 per cent to $US123.9 billion ($A176.2 billion), beating estimates in sales for every single product except iPads. Apple, CEO, Tim Cook (Pictured above), said, “This quarter’s record results were made possible by our most innovative line-up of products and services ever.” Apple, CFO, Luca Maestri added […]

Triple M Adelaide Announces New Dead Set Legends Hosting Trio
  • Media

Triple M Adelaide Announces New Dead Set Legends Hosting Trio

Triple M today has today announced Tom Rockliff, Callum Ferguson and Mark ‘Thomo’ Thomas will host Triple M Adelaide’s Dead Set Legends with Tom Rockliff, Callum Ferguson and Thomo in 2022.  The footballer, cricketer and the fan will bring a diverse show for listeners featuring the latest in AFL, cricket and sport across Adelaide. Rockliff (main photo, right) has been a […]

MediaCom Melbourne’s Tyler Greer: Reflecting On Two Slow Years Of Fast Transformation
  • Opinion

MediaCom Melbourne’s Tyler Greer: Reflecting On Two Slow Years Of Fast Transformation

Transformation is both fast and slow, says MediaCom Melbourne head of strategy Tyler Greer (main photo), but media agencies can help brands see the bigger picture… Bankruptcy, according to Hemmingway, occurs slowly, then all at once. Brands could be forgiven for feeling the same way about the current demands of digital transformation.  A task that […]

Opinion

by B&T Magazine

B&T Magazine
TEAM LEWIS Foundation Fights For Community Charities Survival
  • Campaigns

TEAM LEWIS Foundation Fights For Community Charities Survival

Over the last 12 months, global marketing agency TEAM LEWIS employee-directed philanthropy has channelled $2 million in cash and creative to charities. Having offered every employee opportunity to nominate a charity to make a cash donation, to date over 400 employees have now participated. In Asia-Pacific, TEAM LEWIS Foundation received more than 80 charity submissions […]

Juliet Love Joins The Better Homes & Gardens Team In 2022
  • Media

Juliet Love Joins The Better Homes & Gardens Team In 2022

Following guest appearances last year, qualified interior designer and stylist, Juliet Love, will be joining the team on the Seven Network’s flagship program, Better Homes and Gardens in 2022. Love (main photo, right), who is also an author, will be joining Johanna Griggs and the Better Homes and Gardens team which also includes her husband Charlie […]