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MEDIA VALUE
#EMPOWERBL16
Brand Lab Schedule
Driving Media Agency Accountability & Results
Programmatic 101: The Programmatic Ecosystem
Verification – Viewability, Fraud & Brand Safety
3
4
1
From RFP to Contract, How to Review your Agency2
[ 11:00 – 11:45am CT][ 12:00 – 12:45pm CT][ 1:00 – 1:45pm CT][ 2:00 – 2:45pm CT]
Driving Media Agency Accountability and Results
#EMPOWERBL16
DIRECTOR, CLIENT SERVICES
VICTORIA POTTER
Presenters
MANAGING DIRECTOR, MEDIA VALUE
MARGARET LEWIS
#EMPOWERBL16
This session will cover…
History of Accountability in Media
Working with a Media Auditor3
1Identifying Yourself on the Accountability
Spectrum2
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History of Accountability in MediaBrief History on the rise of the Audit
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History of the Audit
2008 2012 2015
Procurement
Marketing
Marketing + Procurement
Q1: Compared to one year ago, has the relationship improved, stayed the same, or declined?
Moving in a positive direction…Improved Stayed the Same Declined
30%
64%
6%
62%
36%
2%
MarketingProcurement
Base: Marketing = 67, Procurement = 81
Marketing & Procurement are partners
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Media Audits have become SOP in the US
Agency Accountability Teams
No longer an exception, standards and structure are emerging in media accountability
New Specialties Emerging
Legal advice
Ebiquity works with 85 of the top 100 advertisers
in the world.
Annual, Bi-annual, Quarterly
Most are multi-year
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Two main types of audits
Hard Savings Marketplac
e Benchmark
YOY comparison
Bottom line
Increasingly used in agency reviews
Your pricing versus industry norms
Strategic
Goal: 2-way evaluation of performance to establish ongoing improvement & value
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The Accountability SpectrumCharacteristics and Approaches Across the Spectrum
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The Accountability SpectrumThe first step in figuring out what to do is to determine who you are. We have a variety of clients that fall across the accountability spectrum – from those that are just starting out to those that have had processes and measures in place for a while.
Low /Starting Out Midway Mature
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Low Governance CharacteristicsOften associated with advertisers with modest resources
No/Low Internal Media Resources
Minimal Contractual Audit Rights
Little to No History of Auditing/Benchmarking
Commitment to Savings with No or Few Parameters
One-sided View of Marketplace
Reluctance to Surface any Challenging Relationship issues
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Low Governance Approach to AccountabilityThese advertisers need to establish control
Review/Update Contract Terms
Training/Education
Establish a Baseline
Ongoing System
Full disclosure, Audit rights, visibility to 3rd parties, ownership of data
Cost baseline – Industry, YoYQuality baseline – Industry, Trend/YoY, Corp guidelines
Media 101, Marketing Team “+”, 3rd party unbiased advisors
Measurement & accountability need to be monitoredConsider stakeholders : Media owners, Marketing, Procurement
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High Governance Characteristics
History of Auditing
Clear Agency Engagement Principles
Up to Date
Senior Management Support
Global Marketer
Company has audited in the past and has a positive outlook on the process
Contracts include full audit rights and data visibility
Savings, max increase in price, Detailed quality and quantity accountability metrics which are reviewed regularly
Mandate to invest in accountability
Company is more likely to have a global presence
Mandate to be accountable, and the tools to achieve it
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High Governance Approach to Accountability
Contract Compliance
3rd Party Verification
Periodic Contract Updates
These advertisers are leaders, constantly establishing new standards
Ensures full transparency; follows the money
As needed and as the market changes
Making sure that cost & quality benchmarks are being met
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Working with An AuditorDetermining the Way Forward
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If you seek SavingsActive part of advertising/media workflow
1. Usually tied to agency incentives
2. Requires transparency by all players
3. Alignment on methodology
5. Requires an unbiased mediator
6. Automated reporting
7. Multi-year is common and recommended
4. Target adjustment after Year 1 8. Media inflation alignment
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If you seek BenchmarkingIdentifies opportunities for improvement
1. Cost & quality of media buys to industry benchmarks and competitors
2. Like-for-like comparisons
3. Turn-key for advertiser
5. Cost and Quality have empirically proven relationship6. Advertiser’s goal: higher quality at lowest possible cost7. More strategic than YOY Savings exercises
4. Driven by agency incentive, internal accountability, or both 8. Provides insight on how to improve
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Where to Start
Clear Objectives
Kick-off
Choose the Right Partner
Establish a Baseline & Capture
What do you want to achieve by doing an audit?
Are you looking for continuous improvement, or pure
accountability?
Who are the stakeholders?
Media Audits
Financial Audits
Both?
Face-to-face scoping meeting
Include stakeholders in process
Learn about what has value and is actionable in your
organization
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Obligations of a Media Auditor… Confidentiality
Transparency
Unbiased
Knowledgeable
Fact-based & data-driven
When extra help is needed…
MEDIA DATA ASSURANCE helps across:
So, where are you on the accountability spectrum?
A new way to establish confidence in your data and your results.
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Media Planning
Data Ownership and Control
Partner/Supplier Selection and Implementation
Measurement of Results
Programmatic Trading