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Does Size Matter In Advertising?

Peter · May 11, 2014 · Leave a Comment

By now we’ve all yawned at the failure of the Omnicom / Publicis merger.

Omnicom  Publicis Abandon  35 Billion Merger  Video   BloombergHere is how Bloomberg reported the snoozer and a link to an insightful interview on Bloomberg Television’s “The Pulse” with London Advertising’s CEO Michael Moszynski. Michael manages to offer a perspective that only the English could enunciate clearly — and he gets some great PR for his agency. And… manages to also squeeze in London’s One Brilliant Idea pitch – sweet:

“LONDON is an international advertising agency built for today. We create One Brilliant Idea that can work in any media, anywhere in the world.”

Not a bad PR days work.

So Does Size Matter?

No.

But, of course, many clients like it big. Microsoft as of last week thinks that having a mega-sized agency is a must have for a major brand that lives across the globe and, I assume, a cure all for past marketing ills. From Advertising Age:

Microsoft is moving its multibillion-dollar ad and media business, indicating a fresh-start approach under newly appointed CMO Chris Capossela.

The tech giant has selected Interpublic Group as agency of record for advertising and global deployment while Dentsu Argis will handle media planning, media buying and search advertising, the company said in a statement.

You want big?

Interpublic has 43,000 employees and dentsu 7,500. Does Microsoft, a notoriously lame, directionless marketer, need an agency resource with over 50,000 scattered strangers or does it need one really smart agency that can manage some global TLC? Smart being the operative word.

Sure Microsoft (and thier new CMO) thinks MSFT needs lots of dots on a map and I know that this perspective, in addition to ego, drove a search for a large humongus agency base. But, what Microsoft really needs more than a BIG agency is A BIG STRATEGIC IDEA to help create a big, sustainable, compelling brand proposition for all of their B2C and B2B brands? You know, a Master Brand position to start and then run with. Apple, a notoriously not lame or directionless company, never went mega agency. Nuf said.

And, at the moment I think that Google is creating some of the best tech advertising. Can you name their huge agency?

But, really does size matter? That’s why I want you to watch the Bloomberg video. Michael answers the question.

[Truth be told, I sold the idea of dots on the map when I ran business development at Saatchi. So, I get that approach. But, it feels so 1990’s.]

 

2 Advertising Agency Facts

Peter · May 7, 2014 · Leave a Comment

Advertising Age reports that digital is now 35.3% of U.S. agency revenue. This is up 73% since 2009. In fact, digital revenue is the only growth area. Radio anyone?

Mobile ad spending is reported to be $44.8 billion in 2017. It was $4.4 billion in…. Ta Da: 2012.

So? Watcha gonna do?

Content And More Content… Getting Tired Yet?

Peter · May 6, 2014 · Leave a Comment

I am getting tired of the outrageous amount of social content that we are all producing every day. OK, I am not tired of MY content!

But, I do like content in the form of cartoons and think that they are one of the most underutilized forms of communication. That’s why I am using TheCartoonAgency to build me some cool cartoons for my book. Why don’t you use cartoons to get your messages out and into the deepest recesses of minds?

In the meantime, here is one of their latest cartoons. Its kinda a what if… Like, what if we stopped making more content.

networking_tca

From ADWEEK: Is TV Dead? (Um, Seems So)

Peter · May 3, 2014 · Leave a Comment

Guess ya just gotta try to sell some advertising magazines. Case in point… “Is TV Dead” care of ADWEEK.

tv dead

But… ADWEEK is correcto. Its a slow death, but a death nonetheless.

No real surprise, we are shifting from watching the big box to watching TV shows, movies and videos on the Internet and mobile devices. See the fast-paced shift in the Business Insider chart below.

So, how is your advertising agency’s video expertise? If you are an agency that is / was good at writing and producing great TV advertising then just shift focus. Use those really hard to get skills and go lighter, faster, smaller into the growing world of video. Did I say faster?

slide079-4

How Advertising Agencies Publish On LinkedIn

Peter · April 28, 2014 · Leave a Comment

I’ve begun to test LinkedIn’s new content publishing platform. It allows all of us (the platform is currently rolling out) to publish long posts on LinkedIn — just like Mark Cuban. Importantly, your posts will be seen outside your own network. This is the big benefit. Here is LinkedIn’s announcement.

“Starting today, LinkedIn is opening up our publishing platform to our members, giving them a powerful new way to build their professional brand. When a member publishes a post on LinkedIn, their original content becomes part of their professional profile, is shared with their trusted network and has the ability to reach the largest group of professionals ever assembled. Now members have the ability to follow other members that are not in their network and build their own group of followers. Members can continue to share their expertise by posting photos, images, videos and their original presentations on SlideShare”

I posted two very short posts last week to see how the system works. The posts were simply repurposed content from this blog — easy! I can’t say that I am overwhelmed at the numbers but I like that I could track my stats immediately and that I amassed, well here are the stats as of yesterday (they are up another 12 as of this morning):

abc

My goal is to continue to test the publishing platform and to see how longer posts about broader subjects perform. I am sure that the art of headline writing will make a big difference.

Take away: even small agencies can now broadcast their brilliance to the entire Linkedin network.

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