Traditional advertising giants are snapping up digital specialists as more ads
move onto the internet.
Traditionaladvertising agencies are chasing marketing business online.
Long-establishedfirms such still dominate the television advertising
business,where the budgets are big and the campaigns
high-profile.
However, the industry's growth and biggest concern lies in
the more complex and fragmented world of digital marketing.
As a marketeer, we have to be playing in the space where the consumer is, and
we are looking to our agencies to help us do that. Most of the current
agencies have grown up in the old world – as has Unilever. Their skills
and competences are in traditional such as television. However, in the Western
world, TV is in decline as will become the case with Africa
British advertisers are now spending more than £2 billion a year online in a
wide variety of ways. Pay-per-click search advertising remains the biggest
category, but leading brands are also spending millions on digital
banners,viral video campaigns, micro websites, product-spe-cific social
networks, interactive games and mobile messaging.
The range of skills required makes life difficult for traditional creative
agencies. The digital-only environment is the only place where there is a full
service mix with researchers, information architects, technologists, online
creatives, search specialists, planners and project managers. It's quite a
broad spectrum.
Many of these specialists would feel disenfranchised in the creatively led
cultures of traditional advertising firms. With skills in short supply, the
digital talent can pick and choose where they are going to land in the agency
world. Motivating them requires an environment that accommodates technical,
creative, planning and other skills, and holds them all in equal regard.
In today's marketing landscape, building a brand is about a whole lot
more than advertising. An advertising agency alone cannot deliver everything
we need even though agencies may claim to deliver this, it's a myth.
He added: We haven't the time to teach an agency what mobile marketing is and
sponsor them while they get up to speed.
The cultural weaknesses of traditional agencies explain why
they have struggled to develop their own digital capabilities, and why they
are likely to have to acquire specialist firms to meet the needs of their
clients.
Publicis, the French group that owns Saatchi & Saatchi and Leo Burnett,
recently took the first step when it spent $1.3 billion (£650m) on buying
Digitas, a leading online marketing firm. Within the past fortnight, Publicis
has announced it is restructuring Digitas to create Publicis Modem, an
international digital-advertising network.
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