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  • Vijesti

    Wüsthof Sharp Systemic Brand Identity with Gigodesign wins Red Dot Award

    How to win a Grand Prix in Cannes?

    The best of Latvian and Estonian advertising

    Enjoy the summer with Cinedays Film Factor 20

    Lokomotiva and SentecaCommerce signed a partnership for 12 European markets

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  • Tema sedmice
    daljinski-naslovnica

    Television Audience Measurement: In Serbia, the media are in a race to the bottom for every extra “click”, while in Croatia HTV has undermined the principle of joint monitoring

    This global pandemic, coronavirus, cuts across all geographical borders regardless of cultures and language. What is the role of Public relations today?

    Slaven Fischer: Creativity doesn’t reside in buildings but in people, no matter where they are. It’s natural for people to work from home.

    Janja Božič Marolt: As in every crisis, there will be a lot of victims and some winners in the communications industry of the region.

    Shortcutting Video: New Study Highlights the Effectiveness of 2-second Ads

    Topic of the Day: Can artificial intelligence replace human intelligence and emotions. Is technology a servant or a master?

  • Intervju

    Miranda Mladin: Keeping consumers’ attention is every brand’s biggest challenge

    Nataša Mitrović: I understood that the Balkans should be my primary target area and that, once I had become a shark in the Balkans, then I could make my way “back” into the big world and swim in the sea with the other sharks.

    Ivan Stanković: I admit to having great fun and enjoying myself enormously working on my show, What I am to you and who I am to myself.

    Scott-Gould-naslovnica

    Scot Gould: Stop doing anything that you do that isn’t valuable, tell everyone about that offering, and don’t stop!

    lazar-naslovnica

    Lazar Džamić: We are experts at preferring the byways, swamps, and chasms, so that we can keep on going in circles, lost in space

    Irena-naslovna

    Irena Kurtanjek: Contributing to the Communities in which we Operate is the Foundation of Nestlé’s Business

  • Kolumna

    Sponsors? What that?

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    Miša Lukić: What can start-ups learn from sperm?

    Do Brands Always Need to Sell Aggressively to Grow?

    Price of Hate

    The Advertising Industry: From Alchemists to Distributors and Back Again

    Milena Garfield: It’s not long since I said: If it ain’t live, it’s dead

  • Dnevnik

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    Diary of a Methuselah #159: Ivo Pogorelić and Zoran Todorović weren’t attractive enough for sponsors in Sarajevo

    Diary of a Methuselah #157: The Young Leaders of Tomorrow, a great event for young people who are ready to assume responsibility for the future of industry

    Diary of a Methuselah #156: I’ve been writing my Diary for three years now, and I don’t think I wrote anything smart

    Diary of a Methuselah #154: Three days at the PRO.PR Conference

    Diary of a Methuselah #153: Portal Media Marketing starts a new life today

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    Mladi liderji – Saša Droftina, Luna \TBWA: Želela bi, da bi se spremenil odnos do pitchev

    Mladi Lideri Kristina Gregorc

    Mladi liderji – Kristina Gregorc, Mercator: Zelo sem optimistična in izjemno ponosna in vesela, da sem del tako velike in uspešne ekipe

    Mladi Lideri

    Mladi liderji – Maša Crnkovič, Futura DDB: Največji izziv je vpeljava podatkov in feedback-a uporabnikov v procese dela

    Young leaders – Aneta Nedimović, New Moment Belgrade: Articulating ideas and the value of those ideas is an art form and a skill

    Mladi liderji – Matjaž Muhič, ArnoldVuga: Želel bi več časa za razmislek, za delo, za raziskovanje

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    Chris Pomeroy: Tourism in 2019 accounted for 1 in 10 jobs on the planet and until now it was resilient to all manner of crisis

    Andrey Barannikov: The role of PR in Russia is changing and becoming more strategically important both for brands and communication agencies

    francis-ingram-naslovnica

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Home News

Ad Agencies Are Building Out Their Own Consultancies to Better Compete for Digital Dollars

Traditional shops are fighting back

14/03/2017
in News
3 min read
Ad Agencies Are Building Out Their Own Consultancies to Better Compete for Digital Dollars

Drugi jezik na kojem je dostupan ovaj članak: Bosnian

Source: Adweek

As consulting and IT firms continue to acquire agencies and add marketing services, traditional advertising companies have begun to fight back by launching practices to provide business-transformation counsel to help clients more effectively compete for customer dollars in the digital age.

“Marketers are keen to remain innovative and future-focused, so having consulting solutions available helps to ensure they’re always one step ahead of disruption stemming from technology and consumer change,” says Richard Hartell, global president of transformation at Publicis Media.

The media arm of the Paris-based holding company is taking a two-pronged approach. Its $3.7-billion acquisition of Sapient in 2014 added digital design and related services to the fold. Two years later, Publicis Media launched its global business transformation practice. As an example of tangible value, Hartell points to the group’s new “Predictor” study, an analysis of how AI, evolving payment methods and seamless shopping will impact banking, cars, consumer electronics and other sectors in the next five years. He also cites work for an undisclosed client that involved “an in-depth audience insights project with a panel of over 200 participants.”

As a result, the client “was better able to understand granular behaviors of millennial consumers within specific sites and across different devices,” he says. “This led the client to invest in new digital channels and change their content strategy for paid social activity.”

Though digging deeper into client budgets sounds alluring, experts caution agencies to proceed with care and cultivate a clear understanding of the craft, along with the vision to integrate new disciplines across the enterprise.

“Thinking about consulting as merely another service offering seems a bit opportunistic,” says Lee Maicon, chief strategy officer at 360i, where he leads a dedicated 50-person practice. Maicon joined the Dentsu-owned agency in 2010. “That same year,” he says, “we began counseling brands on how to organize and prepare for social media, and that has evolved into broader consulting on marketing design.”

At IPG-owned R/GA, Saneel Radia leads a similar-size practice, which grew out of the shop’s work with Nike+, and launched as a dedicated unit five years ago. Currently, the team is working with Campbell Soup to identify emerging consumer shopping behaviors and recommend steps the marketer should take to more effectively meet the challenges of an evolving global landscape.

Such an undertaking “isn’t just communications,” he says. “It’s a shift in how you think about data, a shift in how you go to market, a shift in essentially your business model. At its core, your entire value proposition is to help C-suite clients innovate.”

Though agencies have made strides in the consultancy arena, some experts believe the ad business isn’t putting any real pressure on the global giants just yet.

For example, industry adviser Avi Dan dismisses most agency initiatives focused on business transformation as “usually just a couple of people [on staff] to give the impression that they are ‘beyond advertising.’ I think the so-called trend will continue because agencies are hungry for added revenue. But these services are bottom feeders—they are not competing with McKinsey or Accenture and will disappear as soon as the agency goes through cuts.”

360i’s Maicon views developments differently. “Traditional consultants are valuable thanks to the myriad analytical frameworks they bring to the table, but tend to have a superficial relationship to the transformative power of creativity to shape client’s businesses, as they lack hands-on experience in this respect,” he says. “Great agencies have played a large role in the evolution of brands’ business for decades, and that should not be discounted. Plus, we move more quickly and cost-efficiently than traditional consultants.”

Radia adds, “I believe helping clients transform is core to what we do, not a new experiment. What’s changed are the tools, rigor, consistency and ambition with which we do it.”

Tags: agencies
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