Brian Jacobs’ Post

Nick Manning has an excellent piece (https://lnkd.in/ebjX_YUF) in The Media Leader today on how agencies make money on what I always knew as broking and which today has been relabelled 'Principal-Based Media', presumably in the hope that that makes it alright...! There's a danger that Nick's points will be dismissed by many as the mechanics of media buying, the dark arts perfected by the few in order to squeeze a better deal for their clients by the agencies. As Nick shows it's nothing of the kind. And it's far more concerning than that. If you accept that the agency can act as a broker, or reseller of media space and time then you have to accept that the media agencies doing this are no longer objective in their recommendations; that their plans are not worth the paper they're written on; and that measuring the advertising's effect by channel is no longer possible. Trading media becomes just like trading a commodity. If you think that 'media' is more than a commodity defined by largely meaningless numbers on a spreadsheet, that instead 'media' is an integral component of advertising; and that creativity and craft matter, then you can join Nick and me (and an increasingly large group of supporters from all corners of the ad business) in the 'Advertising: Who Cares?' movement, and maybe join us at our event in September. Mail me on brian@bjanda.com or Nick on nick@encyclomedia.international for more details. Geraint Davies Julia Linehan

Nick Manning: ‘Principal-based media’ is bad for the whole industry – here’s why

Nick Manning: ‘Principal-based media’ is bad for the whole industry – here’s why

https://the-media-leader.com

Julia Linehan

Founder & CEO of award-winning B2B Adtech PR Agency, The Digital Voice™ / Advisor to UKSAFC.org / Co-host of podcast Off Record, On Point / Co-founder of DLL & SPILL / Campaign 40 over 40 Award Winner 2023

2mo

Transparency - or lack of it, is one of the biggest challenge our industry faces. Tackle this and we can win back trust.

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