Objectivity: Why Agencies Should Not Own Media Technologies
Ad Age article makes good points about agencies remaining neutral so they can act in the best interest of clients.
Image: © Kentoh | Dreamstime.com
Ad Age contributor and digital media expert Scott Ferber has an interesting article in today's Ad Age. He points out that in the changing and increasingly fragmented media industry, traditional agencies are tempted to acquire or develop proprietary digital media networks in order to attain a bigger piece of the shrinking ad pie.
Ferber contends that this is an ill-advised strategy, and I agree with the points he makes to support this. In my opinion, one of the best differentiating values a marketing partner can bring to the table for its client is its OBJECTIVITY.
Being objective and, therefore solution-neutral, enables an agency to recommend the marketing strategy, medium or message that will deliver the most impact. In my view, these strategies should be borne out of consumer insight; with the market being a significant factor in determining the approach.
To invest in specific digital media, clouds an agency's judgement and gives it a vested interest beyond that of its client. Think of a doctor that invests in the development and distribution of a particular drug. Amazing how many times they would presscribe this drug to their patients, and for all kinds of ailments. An absurd example, perhaps, but something is to be learned from it.
As experts in the field of marketing communications, agencies should definitely be open to new and emerging approaches as well as the traditional proven ones. But rather than owning the media, they should instead apply their efforts to scanning the available media technologies, understanding them and developing innovative strategies to harness their power.
| RD
Full Ad Age article here:
Why Agencies Are Better Off Staying Out of the Tech Business
Choosing Winners, Not Owning the Players, Is How Agencies Should Work With Tech







