Global Marketing Management Update

31 July 2019

Welcome to the July edition of TrinityP3’s e-news




The ACCC report from the Digital Platform Inquiry landed last Friday with 23 recommendations, spanning competition law, consumer protection, media regulation and privacy law, reflecting the intersection of issues arising from the growth of digital platforms. One of the key issues identified is the fact that digital advertising markets are opaque with highly uncertain money flows, particularly for automated and programmatic advertising. You can read the press release from the ACCC here and download the report here.

Let’s look at how we have seen this issue of media transparency unfold over the years.




The lack of transparency in media
agencies is due to the agency remuneration models used

Way back in 2012, we were hearing about things like Value Banks and Media Rebates and Kick Backs, which made sense at the time because we had observed almost five years of downward pressure on media agency fees and media costs from advertisers. Something had to give and it was clear that what was breaking was the fundamental trust relationship between advertisers and their agencies, made even more lucrative by the rise of the digital aggregators the ACCC is reviewing today. Read more here.

MANAGING MEDIA

Listen to some of our most popular podcasts on media

agencies and media transparency

here.

The K2 Intelligence Media Report: Rebate-Gate or Stalemate-Gate?

Even though two years earlier there was some evidence in Australia that the relationship was breaking, it was not until 2015 with the admission by Jon Mandel, ex-Mediacom USA, about media agency rebates that led to the commissioning and release of the K2 Intelligence Report into media transparency, where the whole issue became a global discussion that continues today in a more holistic form thanks to the ACCC recommendations. Read more here.







Is Media Transparency desirable
only until it costs advertisers money?

It is an interesting observation that while the industry discusses the need for media, and especially digital media, transparency we have on many occasions noticed that advertisers will forgo transparency if it means the cost of their media is higher. The trouble is that while the digital media supply chain is murky, it is also relatively cheap, especially when the ability to verify the value is taken away. Perhaps this is why some advertisers in the USA were unwilling to participate in the FBI investigation for the fear they could be seen as complicit in the situation? If the ACCC proceeds with their inquiry into digital media, will the same happen here? Read more here.

How transparent are
your media arrangements?

We can help you find out.

Read about it here.

The slow motion train
wreck that is the media rebate and transparency crisis

In 2016 we prepared a review of all the articles we had written on our observations of the media ecosystem. Over the four years from 2012 to 2016, we have seen this unfold like a slow motion train wreck. The recommendations of the ACCC and their Digital Platform Inquiry is the next chapter in the on-going saga of the media ecosystem. It will be interesting for all involved to watch how this continues to unfold. Read more here.




What’s Hot

Here are the most read, most shared and most commented on articles from the TrinityP3 blog in the past month:

  1. Managing Marketing: The Use Of Weasel Words In Business And Marketing
  2. Solving complex in-house agency issues – Three case studies
  3. Prioritising business and marketing opportunities – three leading case studies
  4. Managing Marketing: How Programmatic Can Be Used For Good
  5. Do you need a search consultant? Or are you planning to go it alone?
  6. Marketing is complicated enough but your agency search shouldn’t be
  7. Leslie Zane, CEO of Triggers: “All Brands Have Unrealised Growth Potential”
  8. Cybersecurity – Protecting your business in the digital age
  9. Location, Location, Location choices and the impact on cost in television production – Three case studies
  10. Managing Marketing: The Issues Facing Media Agencies


© 2019 
– TrinityP3 Global Marketing Management Consultants – Australia, Singapore, United Kingdom & USA

If you would like assistance or advice on any aspect of your marketing spend, 
contact us
 today for a confidential discussion.

You have received this email as a friend, client or supporter of TrinityP3 or as someone who has subscribed at 
TrinityP3.com