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Show me the model: Why the commercial advertising agency model must be reimagined [Video]

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Global Marketing Strategies

In his latest CEO Soapbox column, Leagas Delaney CEO Gareth Davies reflects on the fact that 90% of agency heads admit their agency model isn’t futureproof. Can Tom Cruise help get the conversation started?

Change is the only constant. It’s a familiar phrase for those working in the creative industries, often used as a way of making sense of the constant flux that exists around our work, relationships and roles. But if you put the daily machinations to one side, real change – change that impacts the foundations of our business – is actually reasonably rare in our industry.

Last year, the World Federation of Advertisers surveyed more than 70 multinational companies representing $50bn in ad spend. Just 11% of respondents agreed that their current agency model would fit their future needs and 24% said that it was unfit for purpose.

So, to paraphrase Jerry Maguire, is it now time for clients to ask agencies …

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