There is mounting belief that the merger between Publicis Group and Omnicom will never happen. The latest comes from analysts who have lost whatever warmth they may ever have had for the
deal. Pivotal Research Group Analyst Brian Wieser said: "There is evidently a realistic chance that the merger with Publicis will not be completed, whether due to external factors or management
preferences." And Albert Fried Analyst Rich Tullo places the odds of the deal coming to fruition at 40%, a drop from his original 66%. While challenges mount including a fight over who will become
CFO, the deal contains a $500 million termination fee that must be paid by the party that backs out first. So there's plenty of incentive still in place to make the deal work.
The phrase "stop trying to make Fetch happen" comes to mind when hearing about all the companies and marketers out there that can't wait to jump on the drone bandwagon with their offerings. Ever since Amazon dropped the ridiculous Amazon Prime Air on us, marketers and agencies have been in overdrive toying with their pet drone projects. But the FAA is having none of it. When Minneapolis agency Pocket Hercules pulled a stunt for its client Lakemaid beer, it received a warning from the FAA. Of the warning, CCO Jack Supple said: “They warn you and inform you of the regulations. The next level is a stiffer warning. Then they can fine you. Then they can actually blacklist you, or so I’ve heard. If you push it too far, you will not be licensed when it comes time to be licensed.” Pocket Hercules is just one of many agencies and marketers playing in the space. Supple adds, “Drones have already done quite a bit to the creative landscape with the photography being shot from them. That’s being done now, but they’re just being quiet about it because the photographers don’t want to be issued a $10,000 fine. The FAA is probably justified in trying to make sure that every Tom, Dick or Harry can’t be running commercial drones over the heads of the citizenry.” Yup. Still doing it. Just not talking about it.
Do you want your voice heard regarding the fact that just 3% of creative directors are women? Do you want to hear what those who are addressing the situation have to say? As an extension of the 3Percent Conference that was held last fall in San Francisco, the organization has launched a series of smaller, road show events. There's one this week in New York hosted by Ogilvy & Mather. Beginning at 6 p.m. Thursday (May 8) with cocktails, of course, a panel moderated by MediaPost Editor-at-Large Barbara Lippert will include 3Percent Conference Founder Kat Gordon, Deutsch NY CCO Kerry Keenan, Ogilvy & Mather NY ECD Corinna Falusi, BBDO NY CCO Greg Hahn and BBH NY CCO John Patroulis. Check it out here.
And here's a fun one. Ryan McLeod, Grant MacLennan and David Park from Glasgow, Scotland agency Equator are out with Critique That Shit, a site on which you can enter a URL and have a deadpan, Siri-like voice spit out canned Web site critiques like, "I 100% appreciate your design efforts" and "Like Jesus on the cross, you nailed it Boss." Check it out if you want a laugh but don't expect any true insight. Oh wait -- are the real-life critiques you receive ever insightful? Maybe these will be better.
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.’ ”