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
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Remarkable that the lid (again) blown off media trading practices by agencies, not one article talks in headlines about the dubious quality of much of the online ads, and the decimating of client budgets via #adfraud. It's one thing to profit, its another to do so selling zero value ad space. Brand owners have little option but to be the gate keeper of their own campaign impression quality and quantity.
Transparency shift: CMOs navigate new norms in agency profit models
digiday.com
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Marketers' willingness to maintain adspend is to be applauded, but media agencies must now create extra value, deliver great service and innovate to make spend stretch further, writes David Price, MD, The Grove Media in his latest article for The Media Leader https://lnkd.in/eTjaU4c6
Good news on ad budgets — but they have to go much further
https://the-media-leader.com
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CEO & Co-Founder / Helping Advertisers Minimise Ad Wastage and Maximise ROAS using a Media Transformation Framework
Attention advertisers! Ever felt your media agency's Post Campaign Reports are a bit... underwhelming? 🤨 I've just unpacked the world of PCRs and shared some interesting findings. Quite the revelation! 🕵️♂️ I've also unpacked the anatomy of top-notch PCRs and the potential pitfalls of poor-quality ones. Dive in, explore, and share your thoughts! 🚀 #media #mediabuying #mediaplanning #advertising https://lnkd.in/eQFQ3Evj
Is Your Post Campaign Analysis Falling Short?
abintus.consulting
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Do you find it hard to balance and forecast budgets when planning your ad campaigns? For the first time, we're sharing our internal paid media budget planner. This is the same template we've used to scale businesses to millions in revenue, and even on huge global ad campaigns for the likes of Taylor Swift. We've made this version of our template completely foolproof, with all the formulas to balance the budget and estimate your results based on the latest benchmarks for each ad channel. Just fill in the gaps, and you'll The result is a detailed breakdown of spend across each ad platform and even calculates the minimum spend requirements based on the platforms and countries you want to target. With this, you can get on with briefing the campaign and help your whole team make more informed decisions. Sign up to get the template for free and we'll also share any updates we make as they roll out! https://lnkd.in/d-uu6CtJ
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As marketers, we all want to ensure that our ad spend is being used effectively. However, do we really know where our money goes? Many supply chains are the same, and without asking the right questions, we may never find out where the leakage is. In fact, a recent article suggests that the entire programmatic supply chain is locked in an omertà, leaving marketers in the dark. With my experience in agency trading desks, client-owned desks, in-housing, and ad tech commercial products, I've seen it all. I've been in the weeds, and I know what questions to ask. If you need help understanding where your money goes, reach out for a free consultation. If you want to take control of your contracts and demand answers to drive better outcomes, then let's innovate together. Don't let your ad spend disappear into the void. Let's work together to ensure that your money is being used effectively. DM me if you need help.
‘The whole supply chain is locked into a sense of omerta’: Why marketers, procurement, agencies, ad techs and publishers fear derailing programmatic ‘gravy chain’ – where 36 cents on the dollar is ‘optimistic’ | Mi3
mi-3.com.au
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PR is earned, i.e. "earned media," and advertising is purchased, i.e. "paid media." The result of earning our bread, rather than simply buying it, is credible press coverage. Anyone with money can buy an ad. That's not to say there isn't a place for both earned and paid within successful campaigns. https://lnkd.in/eBajTNfA
web link
media.giphy.com
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Connect with us to learn more about how we protect our clients' reputations, avoid inadvertently funding misinformation, and ensure brand safety in online advertising. "The spread of unreliable AI-generated news websites are unintentionally being funded by some of the world's biggest brands through their programmatic ad buys." #disinformation #misinformation #brandsafety #programmaticmedia https://lnkd.in/eGzmSn_4
How advertisers are funding record amounts of disinformation
https://www.mmm-online.com
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Are Your Ads Funding Disinformation? How much of your company’s ad budget funds disinformation? You might believe the answer to be “none.” After all, most reputable brands don’t actively seek to run ads alongside conspiracy theorists, white supremacists, and troll farms. Unfortunately, that’s no guarantee. If you’re not routinely auditing your programmatic ad buys or partnering directly with the websites you want to run ads on, it’s highly likely that — by default — your brand is directly contributing to the disinformation economy. #disinformation #digital #adcampaigns #adtech https://lnkd.in/eZy5u_fw
Are Your Ads Funding Disinformation?
hbr.org
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Only the advertiser pays the expense 💰 of advertising. To everyone else, that money is income. 🤑 The famous adage about the ‘golden ⚖ rule’ states that “whoever holds the gold 👑 makes the rules.” In advertising that means of course that the advertiser should make all the rules. They are at the top of the 🌲 tree, paying the sizable expenses of advertising. Only they see advertising as an expense (or hopefully an investment in 📈 growth). For everyone else in the supply chain, that money is nothing but income. This is important because it creates a divide between the #advertiser, who will ultimately want to minimize their expenditure and everyone else who wants to maximize their incomes by encouraging advertisers to spend more. 👇 Click below to read my full column and deeper analysis So why don’t advertisers make the rules? A quirk of our industry (if you’ll permit me to call it that) is that advertisers have certainly not been setting the rules in media for a very long time. Why so? There 🙈 are 🙉 many 🙊 reasons we could pick from but my preferred, and the most logical, is that you cannot dominate something you do not understand. 🤷♀️ Media has become so painfully complex 🤔 that you cannot blame the advertiser for not knowing how to assert their primacy. It's reminiscent of the days of the Wild West, where the Sheriff 🌟 had to use hope and charm to create order in the absence of having much respect or leverage. Brands deserve better media. When brands get the media they deserve they flourish. When brands flourish, we all win. Tom ----- #BrandsDeserveBetterMedia 👉 Join 9,000+ weekly readers, go to my profile at Tom Denford and click the bell 🔔 icon to be alerted with updates of new posts. Join the discussion and be a part of the #change that is coming to media. 🚀 ----- https://lnkd.in/gjCUFf3e
"Whoever holds the gold makes the rules."
idcomms.com
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Media Agency Executive | Top Digital Strategy Voice | Marketing Nerd | Fast Company Executive Board Member | Founder | Entrepreneur
When buying media, advertisers and their agencies have a responsibility to ensure they are supporting (and by extension funding) high-quality, fact-and-science based content -- and not disinformation. Brand safety is about more than just appearing on "safe-looking" content. And AI-generated content is only the tip of the iceberg. #brandsafety #digitalstrategy #mediabuying #agencies #media #fakenews #misinformation #ai #generativeai #disinformation #advertising
Connect with us to learn more about how we protect our clients' reputations, avoid inadvertently funding misinformation, and ensure brand safety in online advertising. "The spread of unreliable AI-generated news websites are unintentionally being funded by some of the world's biggest brands through their programmatic ad buys." #disinformation #misinformation #brandsafety #programmaticmedia https://lnkd.in/eGzmSn_4
How advertisers are funding record amounts of disinformation
https://www.mmm-online.com
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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
2moTransparency - or lack of it, is one of the biggest challenge our industry faces. Tackle this and we can win back trust.