April 21st, 2009 by Richard Lee
Media Boot Camp Power Session: The Modern Agency – Ad:tech 2009
Media Boot Camp Power Session: The Modern Agency
MODERATOR:
Tim Hanlon, Executive VP, Managing Direcor, VivaKi Ventures
PANELISTS:
Torrence Boone, CEO, Enfatico
Jordan Warren, President, San Francisco, Agency.com
Sharon Gallacher, Global Media Director and Managing Director, Neo@Ogilvy San Francisco
Winston Binch, VP and Managing Director of Interactive Crispin Porter + Bogusky
- Advertising, Direct, CRM, Ad Analytics all in one P/L
- Integrated agency, leveraging strengths from world wide (i.e. bangladesh)
- Attack specific business challenge (modern business challenges)
- Full service digital agency
Integrated Marketing
- Brand communications that can sell
- Media agency bundled – own business plan, salaries, etc.
- Media thinking and technical thinking put where the creative momentum is.
- Hyper-targeted – video components served by audience type (by gender, sport, etc.).
- New disciplines interaction director, technology director added to the modern agency (in addition to the creative, media buying, other roles)
- Focus on analytics
- From an agency perspective, no one figured out social media, mobile, etc.
- Poor economy places more emphasis of accountability
- Don’t confuse Tactics with Strategy
- Re-engineering to measure ROI
- Companies don’t measure the impact of media on search / seo
Integration vs. Re-Integration vs. Silo
Money vs. Ego
Holding company (scale, financial, leverage)
WPP/Y&R/ plug into capabilities
Brand vs. Performance
- All is performance, it’s how you measure it