Agencies Don’t Get Social Media Or Digital Marketing
By Daya Baran at September 08, 2008 8 Comments
Sapient recently sponsored a national online digital marketing and interactive advertising survey to gain insight into what marketers want from their advertising and marketing agencies in the next 12 months. The survey polled more than 200 chief marketing officers (CMOs) and senior marketing professionals, all of whom are either directly or indirectly responsible for managing digital marketing budget allocation across multiple channels.
Survey respondents were asked about the top qualities they sought in their advertising and marketing agencies in the coming year. Based on the survey results a Top 10 Wish List for Agencies of the Future was created.
1. Greater knowledge of the digital space. With more than a third of marketers surveyed revealing that they are not confident that their current agency is well-positioned to take their brand through the unchartered waters of online digital marketing and interactive advertising, it’s clear that agencies need to have a greater knowledge of the digital space in order to thrive. In fact, nearly half (45 percent) of the respondents have switched agencies (or plan to switch in the next 12 months) for one with greater digital knowledge or have hired an additional digital specialist to handle their interactive campaigns. Further, when it comes to an agency’s area of expertise, 79% of respondents rated “interactive/digital” functions as ‘important/very important.’
2. More use of “pull interactions.” When trying to engage consumers with their brand, 90 percent of respondents agree that it is becoming increasingly important that their agency uses ‘pull interactions’ such as social media and online communities rather than traditional ‘push’ campaigns.
3. Leverage virtual communities. An overwhelming 94 percent of respondents expressed interest in leveraging virtual communities (public and private) to understand more about their target audience.
4. Agency executives using the technology they are recommending. Ninety-two percent of respondents said it was‘somewhat’ or ‘very’ important that agency employees use the technologies that they are recommending. For example, it is important that agency executives regularly use Facebook, Flickr, wikis, blogs, etc. in their personal social media mix.
5. Chief Digital Officers make agencies more appealing. Forty-three percent of marketers surveyed said that agencies with chief digital officers are more appealing than those without.
6. Web 2.0 and social media savvy. Sixty three percent of marketers surveyed said that an agency’s Web 2.0 and social media capabilities are ‘important/very important’ when it comes to agency selection.
7. Agencies that understand consumer behavior. Seventy-six percent of respondents deemed this as an ‘important/very important’ aspect of their agency’s online digital marketing and interactive advertising area of expertise.
8. Demonstrate strategic thinking. Seventy-seven percent of marketers surveyed ranked strategy/brain trust capabilities at the top of their agency wish list.
9. Branding and creative capabilities. Sixty-seven percent of respondents ranked branding at the top of their agency wish list while seventy-six percent ranked creative capabilities as ‘important/very important.’
10. Ability to measure success. It’s no surprise that marketers want an agency that can report on where campaigns succeeded, fell short and where they should be fine-tuned. Sixty-five percent ranked analytics at the top of their agency wish list.
Marketers want agencies that can deliver on these demands today – not by 2009 and beyond,” said Gaston Legorburu, chief creative officer, Sapient. “As the interactive channel becomes increasingly important, only those agencies that can create, manage and measure multi-channel campaigns will stay relevant and thrive in an uncertain economy. Marketers keep turning to agencies like Sapient to deliver more sophisticated, integrated digital marketing initiatives that truly deliver optimum levels of customer acquisition and retention.”
Tags: Online Advertising
RSS
People
Groups 

8 Comments
Surveys can’t help marketers with answers to top level requirements when the questions aren’t being asked. Marketers need know to what degree their (current or next) agencies:
* are well-geared as well as trained to research, plan and execute campaigns based on cogent, reasonable social media strategies.
* demonstrate the ability to identify target audience pain points.
* put “smart boots” on to the virtual ground surrounding pain points to build engaging discussions which demonstrate the level of care and commitment that it takes to build a bridge to a brand.
* deliver fresh, actionable social media campaign metrics daily and weekly.
* retool, redeploy, and reform their engagements rapidly as real-time business intelligence dictates.
* understand the timeframe and daily resource levels needed to build those bridges, and communicate that understanding clearly to their clients in terms of cost, expected benefits, and practical expectations.
http://richreader.blogspot.com
p.s. can we please have a decent WYSIWYG editor for posting comments?
I agree it was a very interesting list. I think it was skewed a bit because the respondents were in charge of digital marketing for their companies, and so were more digitally-focused than the norm.
No surprise coming from Sapient, but overall this list moves toward the “maybe we should just do digital. who needs all that traditional marketing nonsense?” point of view.
To me, that crosses the line from enthusiasm to insanity. While digital marketing is indeed the most transformative new tactic since television, it isn’t magic. And it can’t stand on its own. I’ve run a digital agency for 15 years, and digital has its limitations.
I just finished a blog post about it “The Alarming Truth About Digital Marketing’s Imperfections”
http://is.gd/Ste
Perhaps you’ll enjoy it.
All the best,
Jason Baer
Convince & Convert
Internet consulting for advertising and PR agencies
http://www.convinceandconvert.com
Marketers obviously don’t get search marketing either or the value of search marketing firms like DBE that address 9 out of 10 items on their wish list (alas we don’t have a Chief Digital Officer or we would be 10 for 10).
Why do you say agencies don’t get it? I agree no one agency gets it all, but that’s why we specialize and offer services that are relevant and within our capabilities.
[...] asked them what they wanted most out of their agencies. Based on survey results, Sapient created a “top ten” list of attributes clients want from their agencies. The list envisions the agency of the future as [...]
[...] Webguild published an article about a recently released study by Sapient that can accurately be described as a call to arms to [...]
Interesting discussion…I personally believe that many agencies understand that it’s time to take their capabilities to the next level for their digitally-oriented clients. The blog post “Rediscovering Web 2.0″ (by the CMO of The Communication Group, http://twitter.com/ajmunn) introduces a potential solution to this issue–a new CMS/LMS/Social media platform with in-depth tracking capabilities called SocMe. (http://claremunn.com/2008/09/rediscovering-web-20/)
For advertising and marketing agencies who want to gain a foothold in the digital world (and for new media and tech folk in general), it’s worth checking out. Here’s the link to the platform itself.
http://www.tcgagency.com
/#/capabilities/technology/
Would like to hear more thoughts and ideas on this, please find me on twitter and be in touch (_lucia)
[...] WebGuild elaborates on these points very well. [...]