Wyoming-based Taco John's loved its agency contact so much, it hired her away and gave her the title of CMO. After five years as VP of insights and media at Sioux Falls-based Lawrence &
Schiller, Billie Jo Waara has joined the Mexican-themed fast food restaurant to focus on growing the chain's awareness in the area. Of the hire, Taco John's CEO Jeff Linville said: "I hired Billie Jo
because of her proven results and impressive experience growing sales and transactions. I believe she will play a lead role in helping us achieve both our short and long term growth goals here at Taco
In the wake of the failed Publicis-Omnicom merger, the Mini Holding Company is rising to prominence. Yesterday we learned that Chicago-based private equity firm Lake Capital aims to acquire London-based Engine Group, parent to Deep Focus, Noise and several others. Today, Project Worldwide, the 30th largest holding company according to Ad Age's DataCenter, is acquiring LA-based Pitch which is known for its work on Burger King, Pepsi and Meineke. Of the decision to become part of Project Worldwide, Pitch Co-Founder Jon Banks said, "Life's too short to work with bad people, so when we looked at who we would want to partner with, cultural fit was definitely the threshold."
Like every other agency searching for new business models in order to stay afloat, Dallas-based ad agency Launch has, well, launched a business of its own. The agency has debuted HeadSpace, a co-working space for creative professionals. Of the launch, Launch Principal and HeadSpace Co-Founder Diane Seimetz Duncan said: "HeadSpace is unique in the Dallas marketplace, as it was designed by creative marketing professionals for creative marketing professionals. We want to be a community of ideas, innovation, networking and new opportunities for everyone -- including us."
In what will be a boon for some agencies and a disaster for others, P&G is divesting or shedding or merging half of its brands and will focus on its top 70-80 brands. Of the move, P&G Chairman and CEO A.G. Lafley said: "Today we are announcing an important strategic step forward that will significantly streamline and simplify the company's business and brand portfolio. We will become a much more focused, much more streamlined company of 70 to 80 brands." The 70-80 brands P&G plans to retain account for 90% of company sales and 95% of profit.
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.’ ”