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Agencies must change!
     Professor Jonathan Briggs
            Hyper Island
Agencies must change!    Music
                             Movies

                                 Newspapers
             Professor Jonathan Briggs
                                       Advertising
Kingston University, the OTHER media & Hyper Island
                                              Politics

                                                    Education
Who will survive?

Who will prosper?

   Who fails?
What happens if?


• Google takes 40% of ad spend
• P&G takes brand insights in-house
• J&J run their own social engagement
• AKQA become a strategy company
• Ad Agencies develop products
Charging
            What needs to change?

The Work    Think about the biggest issues in
            each
            Crowdsource the results
Structure
            Keep the ideas clear and
            different
  Tools
            http://bit.ly/chilondon
            http://bit.ly/chilondon2 (if 1 is
Processes   full)


Culture
Become a 100% digital
     agency?
Give away free work
Unlimited work for a fixed fee
     Free updates for life
 Pitch lists with 20 agencies
     Clients have no idea
  Make a better Facebook
 We want the “wow factor”
       Digital is cheap
Working with brands

• Where will the work be done?
• Who “owns” data, strategy, social, insights?
• How should agency/brand teams be
  constructed?
• How do you get paid for the value you
  bring to the relationship?
• Competing with brands?
Possible changes
•   Stop being agencies

•   Stop pitching          •   Charge for value

•   Buy more digital       •   Payment by results

•   Improve PR functions   •   Take a cut in sales

•   Offer strategic        •   Technology licensing
    consulting             •   Software as a service

•   Crowdsource/           •   Charge for leads
    outsource everything
                           •   Invest in start-ups
•   Search marketing
                           •   “Google” Labs
•   Create products
Twitter, LinkedIn, Facebook,
     Vimeo, Delicious
   or search on Google

      jonathanbriggs

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Changes in agencies

  • 1. Agencies must change! Professor Jonathan Briggs Hyper Island
  • 2. Agencies must change! Music Movies Newspapers Professor Jonathan Briggs Advertising Kingston University, the OTHER media & Hyper Island Politics Education
  • 3.
  • 4. Who will survive? Who will prosper? Who fails?
  • 5. What happens if? • Google takes 40% of ad spend • P&G takes brand insights in-house • J&J run their own social engagement • AKQA become a strategy company • Ad Agencies develop products
  • 6. Charging What needs to change? The Work Think about the biggest issues in each Crowdsource the results Structure Keep the ideas clear and different Tools http://bit.ly/chilondon http://bit.ly/chilondon2 (if 1 is Processes full) Culture
  • 7. Become a 100% digital agency?
  • 8. Give away free work Unlimited work for a fixed fee Free updates for life Pitch lists with 20 agencies Clients have no idea Make a better Facebook We want the “wow factor” Digital is cheap
  • 9. Working with brands • Where will the work be done? • Who “owns” data, strategy, social, insights? • How should agency/brand teams be constructed? • How do you get paid for the value you bring to the relationship? • Competing with brands?
  • 10. Possible changes • Stop being agencies • Stop pitching • Charge for value • Buy more digital • Payment by results • Improve PR functions • Take a cut in sales • Offer strategic • Technology licensing consulting • Software as a service • Crowdsource/ • Charge for leads outsource everything • Invest in start-ups • Search marketing • “Google” Labs • Create products
  • 11. Twitter, LinkedIn, Facebook, Vimeo, Delicious or search on Google jonathanbriggs