The British took over India once before and now they're doing it again. Well, sort of. WPP is chatting with Arun Nanda and Ajit Balakrishnan about acquiring their 60% stake in Rediffusion
Y&R India. WPP already owns 27% of Rediffusion and this acquisition would up that stake to about 87%. Both parties are calling the talks speculative, but don't all parties in this situation always
say that? Of course they do. A deal's not a deal until it's a done deal.
We like Cleveland-based Brokaw. They've done some nice work over the years. Recently named Ad Age Small Agency of the Year, Brokaw continues to up its game, this time by hiring Renee Alexander, former director of paid, owned, and earned media at Publicis' Rosetta. Alexander will become the agency's digital and social media director and will lead the shop's digital and social media planning. Of the hire, Brokaw CEO Gregg Brokaw said: "Renee has an impressive track record of helping Fortune 100 brands drive online excitement, and more importantly, action. She will play a huge role in leading our interactive team, as well as our growing national client base, as we continue to build the agency of the future."
Billups, a company which, according to its press release, is "shaking up the [outdoor] space with immense year-over-year growth," has made a hire that has been "compared to Lebron's decision to leave Cleveland for a chance at the championship in Miami." Just how epic is this hire? He is, as the press release bombastically proclaims, "considered a force of nature in the out-of-home advertising space." So just who is this force of nature? Rick Robinson. Yeah, we have no idea either. Neither does Google. Hmm. Not everyone can have great SEO. Which in this case, you know, sort of makes sense, since this is all about one of the oldest, most un-Internet media around. Which, of course, doesn't mean he isn't actually a big deal in the outdoor space. Anyway, he's joining the company as chief strategy officer. It's a "game changer," the press release screams.
Everyone who works in an advertising agency should read this Business Insider article written by Dylan Connell. He gives a layman's description of the advertising business, the type of jobs that make up an ad agency (yeah, it's not just creative like the rest of the world thinks), the fact that it isn't easy and you can't just "decide" to do it, that we don't trick people into buying stuff they don't need or want, and the fact that you aren't going to make much money. Is he right?
David Murdico, creative director and managing partner of Supercool Creative Agency puts forth a solid argument as to why startups should pay agencies more than brands do for the same work.
First of all, he notes a startup is an unknown entity and no one has ever heard of it before making it all the more difficult to create the necessary marketing program to achieve awareness and sale. He notes startups are generally more demanding than established brand marketers, often times because so much is at stake.
Perhaps the biggest problem area when it comes to crafting marketing for a startup is that up until the point the startup reached out to an agency, everything about the startup has, thus far, operated in an echo chamber with scant few nodding and bobbing their heads in agreement without truly vetting the idea or how the idea will be perceived in the real world.
Another challenge when working with a startup? They tend to change their mind a lot about, well, everything. And that can be a gigantic time suck. Check out Murdico's entire list here and file it away in your back pocket for use the next time you consider working with a startup.
This is gold! Gold, I tell you! And it's arrived just in time. As we all mourn the loss of our beloved Mad Men characters, they have been given renewed life, in the form of a Tumblr blog, as
digital natives spewing all the usual buzzword bingo that's so prevalent in today's marketing landscape.
Taking on the form of animated gifs, we have Don informing his secretary: "The future of advertising is socially integrated digital platforms." We have Peggy commending a co-worker saying: "Nice branded social post, bro." We have Don asking Peggy: "But does it work as a pre-roll." We have Don reacting to a proposed "Tinder-powered drone." We have Pete telling Don: "The CTRs need optimizing for behavioral targeting of Millennials."
And on and on and on. Brilliance.
Oh for f*ck's sake! Stop. Just please stop! Every ridiculous addition to the CxO title space just dumbs down the importance of the core four: CEO, CFO, COO and CIO. Maybe you can add CMO and CCO to
that list -- but chief data officer? Chief customer officer? And now...wait for it...chief native officer?
Yeah. Chief native officer. Or at least that's what Forbes Contributor Daniel Newman would like to see instituted. Newman argues that the merging of paid and earned media requires this CxO style oversight.
He furthers his point, writing: "The biggest reason to get a Native Officer is that while digital agencies and publishers work together, they don’t necessarily do so as a team. In fact, there are instances where they don’t see eye to eye. While publishers are great at creating content, they can treat branded content like a 'second-class citizen.' On the other hand, digital agencies consider themselves star content creators for brands. In such circumstances, there’s a pressing need for a 'dedicated task force' to exploit native ads to their fullest potential. The CNO should lead this pack, guiding the brand towards rewarding native advertising campaigns and best practices."
So what say you? Do we need the chief native officer?
Sort of like food brands still pimping low fat/no fat products when studies clearly indicate the human body needs fat, the office management world is still pimping open office space when many studies have shown it's a less productive solution than
more traditional office space.
That's not stopping the latest trend in office space, the Superwide. Superwide office space is large, one floor office space consisting of 100,000 square feet or more. Of the trend, Brookfield Property Partners Senior VP Duncan McCuaig said: “Large floors are absolutely in demand.” And “right now there is very little of this product in the city,” he added, referring to Manhattan.
Adam Kansler, managing director at financial data company Markit, loves the open office concept and says: “There’s something that gets lost” when a company is on multiple floors. You don’t get the same random moments of seeing someone from across the way, hearing that they’re working on a project, and saying, ‘Oh, I’m going to stop by.’ ”