Yesterday, we shared a leaked memo from Cramer-Krasselt, which
noted it had decided to no longer work with Panera Bread. Now, Panera Bread has shot back saying Cramer-Kresselt didn't fire Panera Bread, rather, it said it would hold a review but the agency
declined to participate. To be clear, the agency never used the words "fired" in its memo. It just shared how difficult it was to work with the client. Which, of course, is why it makes perfect sense
that they chose not to participate in the review. Panera Bread CMO Michael Simon told Ad
Age: "Cramer-Krasselt did not fire us. We weren't performing at the levels we wanted. We told them we were going to open it up for review, and they decided not to participate."
So...nothing's really changed. The client is a pain in the ass to work with and the agency declined to work with them further.
Grey Group has acquired a majority stake in Circus Peru, the largest independent advertising agency in Peru. In making the announcement, James R. Heekin III, Grey Group Chairman and CEO, said: "We are delighted to welcome Circus to Grey Group. Circus is a premier total communications company, renowned for its creativity, and represents another step forward in expanding our capabilities and footprint in the fast-growing Latin American region." Founded in 2008, with headquarters in Lima, Circus is a full-service, integrated marketing company with revenue of $12.1 million in 2013. Its subsidiaries include Circus Interactive, Circus Retail, Circus Experience, Brand Lab, a design company, and Carne, a second advertising agency.
In a recent interview with LinkIn Editor Dan Roth, WPP's Sir Martin Sorrell welcomed the new Cannes Lions categories which focus on data, data visualization and healthcare saying, “This balance of Mad Men/Math Men, art/science, left brain/right brain is really very important and we have to understand it. It applies across the board. So everyone inside the organization can be creative in different ways. Programmatic buying will become very important.” And of our favorite Mad Men, Sorrell added: “Don Draper and Roger Sterling simply wouldn’t recognize three-quarters of what we do today.” Watch the full interview here.
After working toward it for decades, The Martin Agency is opening up shop in London. The Martin Agency CEO Matt Williams said London has been "a goal for us for some time." The agency is interviewing for ECD and MD roles and plans to initially staff the office with about 15 people. The Martin Agency CCO Joe Alexander said London is "one of the world's great creative markets." Well, best to you, Martin Agency. Be sure to invite us to the office opening party!
Who knew there was an agency called The Hardy Boys? Well, there is-- and it's in South Africa. But it may not be called The Hardy Boys for much longer. The agency was just acquired by WPP for an undisclosed sum. Of the acquisition, a WPP statement read: “This investment continues WPP's strategy of developing its integrated services in fast-growing and important markets and sectors and strengthening its capabilities including digital media." The Hardy Boys agency was founded in 1994 and reports $5 million in revenue. The acquisition continues WPP's strategy of growing the digital side of its business, which now accounts for 35% of its $17.3 billion in revenues.
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.’ ”