WPP has launched Gain Theory. It's a new "marketing foresight consultancy," which aims to help brands deal with the explosion of data, predicted to be 44 times greater in 2020 than it was in 2009.
Heading up the new entity is former WPP Maxus CIO Jason Harrison.
Of the endeavor, Harrison says: “There’s so much more information available about business performance, consumers, what’s happening with marketing campaigns. The expectation is that marketers would be able to digest all that and be able to know what to do next and do that very quickly. That is incredibly complicated.”
While the entity will be part of WPP's media operation, it will remain independent of media buying. Harrison adds: “The reality is we get the best of both worlds. Because we sit alone as an independent entity, we can bring a point of view to a marketer that’s not connected to any of the decisions that get made about actual tactical executions. We don’t have a dog in that fight… But as well, we can connect to the vast array of tools and assets that live within WPP in a really independent and objective way.”