I’ve had some significant experience in several different sectors of the tech industry, however I’ve spent the majority of my time in the ad-supported business. And if you are in that industry you know that there is a magic phrase that every site pursues on a daily basis: “Brand Campaigns”. The main reason why sites pursue these types of campaigns is because there are rarely performance benchmarks, and they are typically high paying. And so this morning I would like to talk about what brand marketers are looking for.
Sapient recently sponsored a national online digital marketing and interactive advertising survey to gain insight into what marketers want from their advertising and marketing agencies in the next 12 months. The survey polled more than 200 chief marketing officers (CMOs) and senior marketing professionals, all of whom are either directly or indirectly responsible for managing digital marketing budget allocation across multiple channels.
Survey respondents were asked about the top qualities they sought in their advertising and marketing agencies in the coming year. Based on the survey results, Sapient Interactive, Sapient’s marketing services group, has created a Top 10 Wish List for Agencies of the Future.
1. Greater knowledge of the digital space. With more than a third of marketers surveyed revealing that they are not confident that their current agency is well-positioned to take their brand through the unchartered waters of online digital marketing and interactive advertising, it’s clear that agencies need to have a greater knowledge of the digital space in order to thrive. In fact, nearly half (45 percent) of the respondents have switched agencies (or plan to switch in the next 12 months) for one with greater digital knowledge or have hired an additional digital specialist to handle their interactive campaigns. Further, when it comes to an agency’s area of expertise, 79% of respondents rated “interactive/digital” functions as ‘important/very important.’
2. More use of “pull interactions.” When trying to engage consumers with their brand, 90 percent of respondents agree that it is becoming increasingly important that their agency uses ‘pull interactions’ such as social media and online communities rather than traditional ‘push’ campaigns.
3. Leverage virtual communities. An overwhelming 94 percent of respondents expressed interest in leveraging virtual communities (public and private) to understand more about their target audience.
4. Agency executives using the technology they are recommending. Ninety-two percent of respondents said it was ‘somewhat’ or ‘very’ important that agency employees use the technologies that they are recommending. For example, it is important that agency executives regularly use Facebook, Flickr, wikis, blogs, etc. in their personal social media mix.
5. Chief Digital Officers make agencies more appealing. Forty-three percent of marketers surveyed said that agencies with chief digital officers are more appealing than those without.
6. Web 2.0 and social media savvy. Sixty three percent of marketers surveyed said that an agency’s Web 2.0 and social media capabilities are ‘important/very important’ when it comes to agency selection.
7. Agencies that understand consumer behavior. Seventy-six percent of respondents deemed this as an ‘important/very important’ aspect of their agency’s online digital marketing and interactive advertising area of expertise.
8. Demonstrate strategic thinking. Seventy-seven percent of marketers surveyed ranked strategy/brain trust capabilities at the top of their agency wish list.
9. Branding and creative capabilities. Sixty-seven percent of respondents ranked branding at the top of their agency wish list while seventy-six percent ranked creative capabilities as ‘important/very important.’
10. Ability to measure success. It’s no surprise that marketers want an agency that can report on where campaigns succeeded, fell short and where they should be fine-tuned. Sixty-five percent ranked analytics at the top of their agency wish list.
“Marketers want agencies that can deliver on these demands today – not by 2009 and beyond,” said Gaston Legorburu, chief creative officer, Sapient. “As the interactive channel becomes increasingly important, only those agencies that can create, manage and measure multi-channel campaigns will stay relevant and thrive in an uncertain economy. Marketers keep turning to agencies like Sapient to deliver more sophisticated, integrated digital marketing initiatives that truly deliver optimum levels of customer acquisition and retention.”
Business blog » Blog Archive » Brand Marketers’ Top 10 Wish List for Agencies of the Future said on Monday, September 8, 2008, 5:11
[...] Read the rest of this great post here [...]
Business blog » Blog Archive » Brand Marketers’ Top 10 Wish List for Agencies of the Future said on Monday, September 8, 2008, 14:15
[...] Read the rest of this great post here [...]
Jason Baer said on Tuesday, September 9, 2008, 10:26
I agree it was a very interesting list. I think it was skewed a bit because the respondents were in charge of digital marketing for their companies, and so were more digitally-focused than the norm.
No surprise coming from Sapient, but overall this list moves toward the “maybe we should just do digital. who needs all that traditional marketing nonsense?” point of view.
To me, that crosses the line from enthusiasm to insanity. While digital marketing is indeed the most transformative new tactic since television, it isn’t magic. And it can’t stand on its own. I’ve run a digital agency for 15 years, and digital has its limitations.
I just finished a blog post about it “The Alarming Truth About Digital Marketing’s Imperfections”
http://is.gd/Ste
Perhaps you’ll enjoy it.
All the best,
Jason Baer
Convince & Convert
Internet consulting for advertising and PR agencies
http://www.convinceandconvert.com
affiliate marketing mlm network said on Sunday, November 2, 2008, 12:09
affiliate marketing mlm network…
Categories Article (Bum) Marketing Backlink Building Blogging Internet Marketing PLR Content Product Creation Resale Rights SEO (Search Engine Optimization) Social Bookmarking Social Networking Traffic Generation Web Design Website Development Wordpres…