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It Is Time For Advertising Agencies to Go Mobile

Peter · March 4, 2013 · 3 Comments

I’ve been reading the mobile advertising tea leaves. Here are two cups of rather green tea that suggest that savvy advertising and digital agencies should be allocating some (a lot of?) staff time to understanding shifts and opportunities arising in the mobile advertising space. As you can see from the Gartner study below, mobile ad spend in North America is expected to rise by over 100% by 2016. 

Mobile Advertising Revenue by Region, Worldwide, 2012-2016 (Millions of Dollars)

2012

2013

2014

2016

North America

3,181.5

3,825.7

4,694.9

8,866.2

Source: Gartner (November 2012)

Different types of mobile advertising are evolving at a different pace and in different directions. Mobile search — including paid positioning on maps and various forms of augmented reality, all of which can be informed by location — will contribute to drive mobile ad spending across the forecast period, although it will diminish in strength as the period progresses.

Gartner believes that mobile display ad spending will grow and take over from mobile search. It will initially remain divided between in-app and mobile Web (in-browser) placements — reflecting consumer usage — although after several years of in-app dominance, Web display spending will take over in-app display from 2015.

Another tea leaf reading comes from Kliner Perkins via Tech Crunch, “Kleiner Perkins Has Now Put Over $450 Million In Nearly 40 Mobile Investments.”

Head over to Tech Crunch to hear Kliener Perkins partner Matt Murphy discuss the firm’s investment of $450 million in 40 mobile companies.

As Murphy explains, these investments include both the $200 million iFund (launched in 2008) and separate investments. So now the $450 million in mobile investments are part of the firm’s digital investing in both consumer and enterprise companies…

And Kleiner has built a pretty impressive collection of consumer-focused mobile investments including Shopkick, Path, Spotify, Pinger and Square. Of late, the focus has expanded to enterprise with companies like Apperian, Crittercism and Egnyte.

This is action that agencies of the future need to get into.

Here are three tips for getting going in the mobile space:

1. Hang out with your city’s mobile developers. for example, in Portland we have Mobile Portland which hosts monthly presentations. You could even tap into Portland’s vibrant mobile community by watching some of the presentation videos on the website.

2. Go to mobile conferences. Then write mobile advertising white papers to share with clients and prospects.

3. Offer some of your office space to mobile developers to get them into your ecosystem. Maybe start to work with local incubators and accelerators to nurture new mobile companies.

4. Drop some investment coin and buy or merge with a mobile advertising company.

A Happy Case History And An Ad Agency Sold To WPP

Peter · March 4, 2013 · 1 Comment

Client case histories are probably as old as the advertising industry itself. So, how can an agency show its expertise and ROI chops without sounding like every other agency down the street?

Think different.

Canadian ad agency John St., which was just purchased by WPP, created this great video-driven case history of how they made Chelsea Bedano’s 8th birthday party a huge success. The agency employed direct mail, out-of-home media and social media to deliver the message. The results put smiles on everyone’s face.

In case you missed this case (which means you were not one of the 350,000 plus viewers of the YouTube video (!)….

An Agency Website That Works From Copacino+Fujikado

Peter · March 2, 2013 · 5 Comments

Hi.

If you go to AdPulp… You will see a post I put up yesterday on how the Seattle agency Copacino+Fujikado has done a smart digital trick with their website that puts most other ad agency (and digital for that matter) “wanna-be” we’ll show you our social chops efforts to shame.

StoryWorldwide: Advertising Agency Of The Week

Peter · March 2, 2013 · 1 Comment

Native advertising, content marketing, curation, death. Ah, I love our 2013 advertising buzzwords. I also love seeing companies that are perfectly positioned to take advantage of these buzzwords. This week’s Agency of the Week is just that. They also going to be unhappy with me because I call  them the dirty words “advertising agency.”

StoryWorldwide calls itself a “post-advertising” agency that engages consumers through storytelling. The agency sure makes it sound like it’s the right agency for the right time. By the way, the “death” from above is about the looming death of advertising as we know it. I think that Digiday writes about the death of traditional advertising agencies every day. I’m not saying they are wrong. But, it has become an ever evergreen theme for them.

Here is the essence of the StoryWorldwide story – it’s a nice clear message in a word of fuzzy agency messaging:

In this post-advertising age, we work to connect brands directly to customers by telling engaging stories that audiences actually want to hear.

The idea of building audience engagement is not wholly unique, but StoryWorldwide grabbed the idea long before other agencies started to glom on. Plus, they managed to grab the brand name “story.”

StoryWorldwide goes further with this competitive stake-in-the-ground…

Today, brands are competing with filmmakers, writers and entertainers, not other brands.

Story is the world’s first post-advertising agency, applying established storytelling techniques and talent to marketing and communications.

Our work includes integrated campaigns and through-media content for clients such as Lexus, Unilever, Estee Lauder Companies and J&J.

The agency delivers a complete package by “creating stories, telling stories and spreading stories.”

StoryWorldwide is interestingly worldwide, with offices in Asia, Europe and North America. They seem to be cooking with a blue-chip client list that includes Bank of America, Chile’s Epica Wines, Columbia University, Holland America (talk about an industry that needs some good news), Lexus and Starbucks to name a few. They also own a Cannes Lion Bronze.

Why Do I Dig?

StoryWorldwide hammers home a few key, compelling points.

  • They have positioned themselves to own the storytelling niche. What client wouldn’t want to tell a story? Hey, they love their stories.
  • Their niche has legs. They can do digital, video, publishing and installations. They can even do good old-fashioned TV if they wanted to.
  • Business development should be a slam-dunk.
  • The agency likes to sound smart. This is always good news for nervous CMO’s.

Here is one of their videos (they have 20 on their YouTube channel.) At 52,000 views it has a decent view count. For a comparative YouTube view count, Ogilvy’s “Storytelling: Ogilvy’s Rory Sutherland on Defining the Narrative” has only 900 views.

Last week’s Agency of the Week was Jess3.

Advertising Agency Wake Up Call From eMarketer

Peter · March 1, 2013 · 1 Comment

I woke up, read my mail and saw these three quotes in an eMarketer email. They got me thinking fast.

You are an advertising agency. You worry about how to be digitally relevant  in the next couple of years — or perish. Here are just three quotes from eMarketer that can act as thought starters. if these don’t start your mind, maybe its time to, um, bail?

By 2016 nearly a quarter of the world will be using location based services.

US online video ad spending will nearly triple in the next four years.

43 million Americans convert to using smart phones every minute.

If you need one more idea, another path to agency success lies in the following eMarketer chart. And, no it isn’t rushing onto the Facebook or Twitter scrum.

social media usage instagram and pinterest

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