The
world of marketing and advertising is witnessing a churn out phase in India and across the globe. I
should rather call it a weird phase. Online world has completely transformed
the way marketing and advertising worked. In the churn out, print as a medium
is facing the maximum heat. Turnovers and margins for the newspapers and
magazines are slipping and the marketers are putting up a clueless face. TV has
managed to hold its ground. But the real show-stealer is the new media- Digital
Media.
Above
changes have brought major shift in the operations of the creative agencies. The
new realities are giving shape to the following types of creative agencies:
1.
Large
format creative agencies with newly formed digital division
These large creative agency set-ups, who have
the top notch transnational and Indian brands as their clients, have added
digital strength as a division within their agency operations. Even now, the
planning and ideation for the campaigns are done by the traditional advertising
people. Digital division chips-in as add on strength, to create a synergy in
the communication across media platforms. Though in several cases even these
big spending clients chose to appoint a specialist digital agency for the
online marketing and reputation management purpose. These agencies have most of
their MNC clients coming with international alignment with larger groups or
domestic clients who fancy working with big ticket names.
2.
Mid-size
creative agencies
Some of the mid-size agencies working for
home grown clients still exist, but they are facing the heat. As the media
environment has seen a shift, even the home grown clients are gradually cutting
down on their budgets for traditional advertising models. Such clients are looking
towards their digital agencies to work closely with the traditional creative
agency. However, the digital agencies are walking away with major chunk of fee.
Nobody is to blame, it is the macro environment that has changed.
3.
Typical
digital agencies
Digital agencies of all sizes starting from 2
people agency to 200 people agency, are dotting the town today. They have the
resources and the manpower to understand the digital environment, digital media
and they have a roster of both Indian and MNC clients, depending upon the size
and operations. I have worked closely with some of these agencies, and find,
they are good at driving immediate traffic, catching the consumer eyeballs but
they lack a sound understanding of long term brand building. Reason is, the digital
savvy young manpower does not have the required exposure and experience. They
know all the new technology jargons, some marketing terminologies but in many a
cases I doubt if they are doing good for their clients with a long term brand
perspective. Again, they are not to be blamed. Digital media is being presented
as completely metrics based media with performance from day one. That’s the
reason, nobody has the clue what will be the brand position on day 1000.
Quality in work is hard to find, this is something anyone can experience.
4
Digital creative agencies
promoted by traditional marketing people who have thoroughly learnt and updated
themselves with the requirements of the online world. To my understanding they
are the best equipped to handle creative assignments for any business. Such
digital creative agencies have in-depth understanding of the marketing dynamics
and they can easily leverage the new media to the advantage of the clients and
brands they work for. It’s a relatively rare find, but the best one.
Unfortunately, they are not doing as well as they deserved to be. Reason being,
clients looking for digital agencies think they are from the old world
marketing school, on the other hand, clients looking for traditional experience
think they are trying to go digital. So they became victims of the dilemma from
the client perspective.
In this articles I have deliberately avoided taking any names and examples for obvious reasons. If anybody is interested to know further, I am contactable on my mail: rj@kaavinmedia.com
Comments
Post a Comment
your views please!