Marketing is an art, but it’s also a science.
Brands want great storytelling, but they also want to connect
marketing expenditures to the bottom line and deliver truly customized consumer experiences.
However, without the proper tech infrastructure, creative
agencies can’t deliver the results that clients desire. According to a 2012 survey, 75% of CEOs already think marketers don’t understand the real business
definitions of “results,” “ROI,” and “performance.” Failing to connect marketing to revenue isn’t fixing that perception.
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Consumers are also buried in digital and traditional brand content. Creative agencies need to get smarter about devising, personalizing, and measuring campaigns across all mediums to
provide a well-rounded brand experience where all touchpoints work in perfect alignment.
When a creative agency begins to blend art and science, it opens a
new world of possibility in terms of potential work, clients, and consumer connections. Here are a few ways agencies benefit from integrating storytelling into targeted and measurable digital
initiatives:
Better measurement of campaigns and performance: With detailed, quantitative tracking in place, it’s easier for agencies to understand immediately what works
and what doesn’t and adapt strategies accordingly.
Increased transparency and accountability: According to the survey referenced above, 80% of CEOs don’t trust marketers.
Technology can help creative agencies demonstrate value by showing clients what they’re doing for both brand perception and the bottom line.
Smarter allocation of client resources and budget: Tech companies
tend to “productize” their services, while creative agencies typically enter into long-term agreements with
less structured pricing. As more brands move away from the agency-of-record model, shifting to a tech pricing structure can be a smarter way to use clients’ budgets and employees’
time.
Integrated, holistic marketing
campaigns: Crossing digital and traditional disciplines can create more personalized, targeted communication that appeals to individual buyers better than generic, one-to-many messaging.
As clients demand greater accountability and as the brand experience becomes more digital, the bestagencies are realizing that
groundbreaking change happens when the art and science of marketing collide. This impacts the way agencies create and plan campaigns.