SlideShare a Scribd company logo
1 of 2
LONDON: The report from Forrester Research argues that traditional
advertising and media agencies will give way within five years to a
new breed of agencies with greater data analytics and planning skills.
Industry relationships may even change to the extent that instead of
pitching for a brand's business, agencies may 'sell' access to groups
of consumers in whose interests they learn to act.

The report was co-authored by Mary Beth Kemp, who has worked for both
clients and agencies during a 20-year career in marketing, and Pete
Kim. It was based on conversations with marketers from Coca-Cola,
Procter & Gamble and HSBC and with agency bosses from WPP Group,
Publicis Groupe and Omnicom.

Speaking to Brand Republic ahead of its publication, Kemp said she
could not cite any current examples of agencies working the way the
report predicts they will.

However, emerging trends such as social networking, word of mouth
marketing and agencies harnessing user-generated content are leading
down the road to the new-look agency-consumer-brand relationship.
Meanwhile, the decline of mass audiences and the increasing ability of
consumers to share knowledge are causing problems for the traditional
set-up.

Kemp said: quot;Creative and media agencies are pretty much stuck in the
mass media world, which is normal because they are optimised for it.quot;
The successful agency of the future will have learned to connect
itself with defined communities of consumers and cultivate insights
into their behaviour.

Mass communities such as Facebook will evolve into more selective
groups, which agencies will help by funding them and helping them
share information.

Such communities could be formed not just online, but also offline,
with Kemp providing the example of an agency funding a community hall.
Account people will evolve into quot;community managersquot;, who will help
the community sell itself to certain brands. quot;The agency would know
which brand would be best to let in, which brands should be kept out,
and what information can be shared and with whom it can be shared,quot;
Kemp said.

The focus on passing information on to selected brands will boost
agency demand for specialists in data analytics and insight. While
salaries will increase, work will also be outsourced to cheaper
countries such as India and China. Creatives will still be important,
but will work less on one-way campaigns to a mass audience than on
quot;ongoing dialoguesquot; with individuals. Talent will also come from
outside the agency, as consumers take a greater role in content
creation. Kemp foresees the production process will also become
globalised as agencies build supply chains similar to those used today
by carmakers PC manufacturer Dell.

Media companies will try to compete with agencies in catering for
consumer groups, she believes, acknowledging that newspaper websites
and in particular Times Online are already thinking that way. However,
she expects it will be difficult for them to adjust their traditional
mass audience business model and their role will be mainly as content
supplier. I think the agencies will work with the media to source the
content which is most valuable for their particular audiences and they
will end up paying for that to be fed to their community.quot; The report
is titled 'The Connected Agency: Marketers partner with agencies who
listen instead of shout' and will be available shortly from Forrester.

More Related Content

Viewers also liked

Viewers also liked (6)

Supply chain of DELL
Supply chain of DELLSupply chain of DELL
Supply chain of DELL
 
Dell's Marketing Strategy
Dell's Marketing StrategyDell's Marketing Strategy
Dell's Marketing Strategy
 
Dell Case Study
Dell Case StudyDell Case Study
Dell Case Study
 
PPT On Dell
PPT On DellPPT On Dell
PPT On Dell
 
Dell presentation
Dell presentationDell presentation
Dell presentation
 
Dell case study (management)
Dell case study (management)Dell case study (management)
Dell case study (management)
 

More from Arunavh Palchaudhuri

AAA Credentials - Arunavh Palchaudhuri
AAA Credentials - Arunavh PalchaudhuriAAA Credentials - Arunavh Palchaudhuri
AAA Credentials - Arunavh PalchaudhuriArunavh Palchaudhuri
 
Customer 2.0 Business Implications of Social Media
Customer 2.0 Business Implications of Social MediaCustomer 2.0 Business Implications of Social Media
Customer 2.0 Business Implications of Social MediaArunavh Palchaudhuri
 
Adopting Web2.0 2008 Trends & Best Practices
Adopting Web2.0 2008 Trends & Best PracticesAdopting Web2.0 2008 Trends & Best Practices
Adopting Web2.0 2008 Trends & Best PracticesArunavh Palchaudhuri
 
Social Media Marketing - July 2008
Social Media Marketing - July 2008Social Media Marketing - July 2008
Social Media Marketing - July 2008Arunavh Palchaudhuri
 

More from Arunavh Palchaudhuri (6)

AAA Credentials - Arunavh Palchaudhuri
AAA Credentials - Arunavh PalchaudhuriAAA Credentials - Arunavh Palchaudhuri
AAA Credentials - Arunavh Palchaudhuri
 
Customer 2.0 Business Implications of Social Media
Customer 2.0 Business Implications of Social MediaCustomer 2.0 Business Implications of Social Media
Customer 2.0 Business Implications of Social Media
 
Adopting Web2.0 2008 Trends & Best Practices
Adopting Web2.0 2008 Trends & Best PracticesAdopting Web2.0 2008 Trends & Best Practices
Adopting Web2.0 2008 Trends & Best Practices
 
Social Media Marketing - July 2008
Social Media Marketing - July 2008Social Media Marketing - July 2008
Social Media Marketing - July 2008
 
Infor Prg Social Media Wp
Infor Prg Social Media WpInfor Prg Social Media Wp
Infor Prg Social Media Wp
 
Social Media Marketing July 2008
Social Media Marketing   July 2008Social Media Marketing   July 2008
Social Media Marketing July 2008
 

Recently uploaded

Mondelez State of Snacking and Future Trends 2023
Mondelez State of Snacking and Future Trends 2023Mondelez State of Snacking and Future Trends 2023
Mondelez State of Snacking and Future Trends 2023Neil Kimberley
 
The Coffee Bean & Tea Leaf(CBTL), Business strategy case study
The Coffee Bean & Tea Leaf(CBTL), Business strategy case studyThe Coffee Bean & Tea Leaf(CBTL), Business strategy case study
The Coffee Bean & Tea Leaf(CBTL), Business strategy case studyEthan lee
 
VIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service Jamshedpur
VIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service JamshedpurVIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service Jamshedpur
VIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service JamshedpurSuhani Kapoor
 
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature Set
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature SetCreating Low-Code Loan Applications using the Trisotech Mortgage Feature Set
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature SetDenis Gagné
 
VIP Call Girls In Saharaganj ( Lucknow ) 🔝 8923113531 🔝 Cash Payment (COD) 👒
VIP Call Girls In Saharaganj ( Lucknow  ) 🔝 8923113531 🔝  Cash Payment (COD) 👒VIP Call Girls In Saharaganj ( Lucknow  ) 🔝 8923113531 🔝  Cash Payment (COD) 👒
VIP Call Girls In Saharaganj ( Lucknow ) 🔝 8923113531 🔝 Cash Payment (COD) 👒anilsa9823
 
Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...Roland Driesen
 
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999Tina Ji
 
Grateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdfGrateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdfPaul Menig
 
Tech Startup Growth Hacking 101 - Basics on Growth Marketing
Tech Startup Growth Hacking 101  - Basics on Growth MarketingTech Startup Growth Hacking 101  - Basics on Growth Marketing
Tech Startup Growth Hacking 101 - Basics on Growth MarketingShawn Pang
 
Value Proposition canvas- Customer needs and pains
Value Proposition canvas- Customer needs and painsValue Proposition canvas- Customer needs and pains
Value Proposition canvas- Customer needs and painsP&CO
 
0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdf0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdfRenandantas16
 
A DAY IN THE LIFE OF A SALESMAN / WOMAN
A DAY IN THE LIFE OF A  SALESMAN / WOMANA DAY IN THE LIFE OF A  SALESMAN / WOMAN
A DAY IN THE LIFE OF A SALESMAN / WOMANIlamathiKannappan
 
Regression analysis: Simple Linear Regression Multiple Linear Regression
Regression analysis:  Simple Linear Regression Multiple Linear RegressionRegression analysis:  Simple Linear Regression Multiple Linear Regression
Regression analysis: Simple Linear Regression Multiple Linear RegressionRavindra Nath Shukla
 
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service AvailableCall Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service AvailableDipal Arora
 
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...lizamodels9
 
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best ServicesMysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best ServicesDipal Arora
 
Unlocking the Secrets of Affiliate Marketing.pdf
Unlocking the Secrets of Affiliate Marketing.pdfUnlocking the Secrets of Affiliate Marketing.pdf
Unlocking the Secrets of Affiliate Marketing.pdfOnline Income Engine
 
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Dipal Arora
 
Call Girls in Gomti Nagar - 7388211116 - With room Service
Call Girls in Gomti Nagar - 7388211116  - With room ServiceCall Girls in Gomti Nagar - 7388211116  - With room Service
Call Girls in Gomti Nagar - 7388211116 - With room Servicediscovermytutordmt
 

Recently uploaded (20)

VVVIP Call Girls In Greater Kailash ➡️ Delhi ➡️ 9999965857 🚀 No Advance 24HRS...
VVVIP Call Girls In Greater Kailash ➡️ Delhi ➡️ 9999965857 🚀 No Advance 24HRS...VVVIP Call Girls In Greater Kailash ➡️ Delhi ➡️ 9999965857 🚀 No Advance 24HRS...
VVVIP Call Girls In Greater Kailash ➡️ Delhi ➡️ 9999965857 🚀 No Advance 24HRS...
 
Mondelez State of Snacking and Future Trends 2023
Mondelez State of Snacking and Future Trends 2023Mondelez State of Snacking and Future Trends 2023
Mondelez State of Snacking and Future Trends 2023
 
The Coffee Bean & Tea Leaf(CBTL), Business strategy case study
The Coffee Bean & Tea Leaf(CBTL), Business strategy case studyThe Coffee Bean & Tea Leaf(CBTL), Business strategy case study
The Coffee Bean & Tea Leaf(CBTL), Business strategy case study
 
VIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service Jamshedpur
VIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service JamshedpurVIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service Jamshedpur
VIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service Jamshedpur
 
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature Set
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature SetCreating Low-Code Loan Applications using the Trisotech Mortgage Feature Set
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature Set
 
VIP Call Girls In Saharaganj ( Lucknow ) 🔝 8923113531 🔝 Cash Payment (COD) 👒
VIP Call Girls In Saharaganj ( Lucknow  ) 🔝 8923113531 🔝  Cash Payment (COD) 👒VIP Call Girls In Saharaganj ( Lucknow  ) 🔝 8923113531 🔝  Cash Payment (COD) 👒
VIP Call Girls In Saharaganj ( Lucknow ) 🔝 8923113531 🔝 Cash Payment (COD) 👒
 
Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...
 
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999
 
Grateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdfGrateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdf
 
Tech Startup Growth Hacking 101 - Basics on Growth Marketing
Tech Startup Growth Hacking 101  - Basics on Growth MarketingTech Startup Growth Hacking 101  - Basics on Growth Marketing
Tech Startup Growth Hacking 101 - Basics on Growth Marketing
 
Value Proposition canvas- Customer needs and pains
Value Proposition canvas- Customer needs and painsValue Proposition canvas- Customer needs and pains
Value Proposition canvas- Customer needs and pains
 
0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdf0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdf
 
A DAY IN THE LIFE OF A SALESMAN / WOMAN
A DAY IN THE LIFE OF A  SALESMAN / WOMANA DAY IN THE LIFE OF A  SALESMAN / WOMAN
A DAY IN THE LIFE OF A SALESMAN / WOMAN
 
Regression analysis: Simple Linear Regression Multiple Linear Regression
Regression analysis:  Simple Linear Regression Multiple Linear RegressionRegression analysis:  Simple Linear Regression Multiple Linear Regression
Regression analysis: Simple Linear Regression Multiple Linear Regression
 
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service AvailableCall Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
 
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
 
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best ServicesMysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
 
Unlocking the Secrets of Affiliate Marketing.pdf
Unlocking the Secrets of Affiliate Marketing.pdfUnlocking the Secrets of Affiliate Marketing.pdf
Unlocking the Secrets of Affiliate Marketing.pdf
 
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
 
Call Girls in Gomti Nagar - 7388211116 - With room Service
Call Girls in Gomti Nagar - 7388211116  - With room ServiceCall Girls in Gomti Nagar - 7388211116  - With room Service
Call Girls in Gomti Nagar - 7388211116 - With room Service
 

Forrester Research Validation Of AAA Business Model

  • 1. LONDON: The report from Forrester Research argues that traditional advertising and media agencies will give way within five years to a new breed of agencies with greater data analytics and planning skills. Industry relationships may even change to the extent that instead of pitching for a brand's business, agencies may 'sell' access to groups of consumers in whose interests they learn to act. The report was co-authored by Mary Beth Kemp, who has worked for both clients and agencies during a 20-year career in marketing, and Pete Kim. It was based on conversations with marketers from Coca-Cola, Procter & Gamble and HSBC and with agency bosses from WPP Group, Publicis Groupe and Omnicom. Speaking to Brand Republic ahead of its publication, Kemp said she could not cite any current examples of agencies working the way the report predicts they will. However, emerging trends such as social networking, word of mouth marketing and agencies harnessing user-generated content are leading down the road to the new-look agency-consumer-brand relationship. Meanwhile, the decline of mass audiences and the increasing ability of consumers to share knowledge are causing problems for the traditional set-up. Kemp said: quot;Creative and media agencies are pretty much stuck in the mass media world, which is normal because they are optimised for it.quot; The successful agency of the future will have learned to connect itself with defined communities of consumers and cultivate insights into their behaviour. Mass communities such as Facebook will evolve into more selective groups, which agencies will help by funding them and helping them share information. Such communities could be formed not just online, but also offline, with Kemp providing the example of an agency funding a community hall. Account people will evolve into quot;community managersquot;, who will help the community sell itself to certain brands. quot;The agency would know which brand would be best to let in, which brands should be kept out, and what information can be shared and with whom it can be shared,quot; Kemp said. The focus on passing information on to selected brands will boost agency demand for specialists in data analytics and insight. While salaries will increase, work will also be outsourced to cheaper countries such as India and China. Creatives will still be important,
  • 2. but will work less on one-way campaigns to a mass audience than on quot;ongoing dialoguesquot; with individuals. Talent will also come from outside the agency, as consumers take a greater role in content creation. Kemp foresees the production process will also become globalised as agencies build supply chains similar to those used today by carmakers PC manufacturer Dell. Media companies will try to compete with agencies in catering for consumer groups, she believes, acknowledging that newspaper websites and in particular Times Online are already thinking that way. However, she expects it will be difficult for them to adjust their traditional mass audience business model and their role will be mainly as content supplier. I think the agencies will work with the media to source the content which is most valuable for their particular audiences and they will end up paying for that to be fed to their community.quot; The report is titled 'The Connected Agency: Marketers partner with agencies who listen instead of shout' and will be available shortly from Forrester.