Author name: Amanda Tan

Why Marketers are Taking Over Reviews from Consultants – And How Agencies Can Adapt

AdAge – Under economic pressure, more and more marketers are skipping search consultants and taking agency reviews into their own hands. Search consultants operate on a fee-for-service basis, and their pricing varies based on the size and complexity of the review. Fees can span anywhere from $25,000 to $250,000, according to one search consultant who spoke

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Unraveling the AI Dilemma in Media Agencies: Cost Savings or Revenue Shake-up?

Digiday – As media agencies tout the potential of AI efficiencies, marketers are probing: Will this translate to cost savings, and if so, will those savings benefit them? No one’s brandishing pitchforks yet, but a storm of probing questions is gathering momentum. Marketers are asking: How is your agency harnessing AI and automation? Which tasks or

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Inside Cannes Lions 2024 Costs for Brands and Agencies — Measuring the ROI of Activations

AdAge – Branded presence at the festival can cost anywhere from $108,000 for a brunch to $4 million for a blowout concert, per a sales deck and interviews. Splashy installations also give an impression of prosperity and success to prospective clients and talent. And sending employees to Cannes can pay dividends in terms of retention and

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An 8.4% Increase in Creative Investment Throws Light on A Relatively Muted 2023 Global New Business Landscape

The Global Creative and Media new business landscape for 2023 proved to be relatively muted despite marque accounts like Pfizer, Uber, and Kimberly-Clark put under review, according to independent global marketing consultancy R3. The number of total accounts awarded decreased 2.9% year-on-year while overall value increased 5.3%. Publicis Groupe leads the 2023 New Business League

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Marketing Briefing: Agencies See More RFPs for Brand Building Amid ‘Recalibration’ of Marketers’ Priorities

Digiday – In recent years, marketers have been putting more emphasis on performance marketing, proving efficiencies of ad budgets and retooling creative to tout value amid economic uncertainty. More recently though, marketers have shifted focus back to brand building and they’re looking for help with things like brand affinity, brand strategy, brand identity and brand refreshes

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