7 best practice tips for Marketing Dashboards

Most marketers have too many dashboards, and not enough distilling of data into a few key metrics that will offer potential insight by identifying shifts. I have worked with a variety of companies over the past 12 months to help them refine their dashboards, so I thought I’d share 7 best practice approaches with you in this post.

Advertising agency fees: You only get what you pay for

Cutting advertising agency fees

The saying goes, “You get what you pay for”. But recently we have noticed that some marketers have an expectation. They think they can get more than they pay for every time they go to market. It is hard to tell if this is due to the fact that the services on offer have no measurable value and therefore have no value or if it is because like a magic pudding you can simply keep cutting costs to zero and still get the value you demand.

The challenges of marketing in a carbon constrained future

As the world leaders and their negotiators assemble in Paris to finalise an agreement to work together to keep carbon emissions below 2oC, the question should be asked ‘what does this mean for marketers’? Whether you believe the scientists that anthropologic climate change is a major problem or you hold an opposing ideological view, there is a global consensus afoot that will influence the way we live our lives and the manner that business is conducted in the future.

The client agency relationship – 5 things agencies hate hearing from clients

Some months back, I wrote an article about the things that clients hate hearing from agencies, which caused a minor stir. Only minor, you understand; it wasn’t a Pullitzer prize winner. But it raised a few comments. Then, more recently, someone approached me with a challenge. ‘Great to talk about what clients hate hearing from agencies’, the person said. ‘But what about what agencies hate hearing from clients? I bet you wouldn’t want to write about that, seeing as how it’s the clients that pay TrinityP3’.

Why marketing teams underperform and what to do about it

Marketing teams image

When your marketing department is made to feel like it has to carry a pick axe to get results, there’s something seriously wrong. And the fault does not necessarily lay at the feet of the poor pick axe carrying suckers in marketing, although it may. Over the years TrinityP3 have conducted a vast number of marketing strategic alignments, whereby we work with a business to undercover and help them understand whether or not their marketing structures are set up in a way that will support the business to deliver on their strategic goals.

Digital assessment for a new retail concept store in South Korea

Digital assessment

TrinityP3 was approached by a global FMCG client to assess a new, concept store, in South Korea. The new flagship store is being targeted to students, those in their 20s and 30s, singles and couples, with the hope of reinvigorating the brand’s world and becoming a major social & entertainment experience in the city.

A FMCG Media Agency Contract and Remuneration Assessment

Media agency contract and remuneration assessment

The procurement team of a large organisation in the FMCG sector had recently initiated an internal evaluation of the incumbent media agency, from a financial perspective. The media agency handled a number of significant brands across the business, and had recently submitted a revised fee and structure proposal for consideration. To conduct a robust evaluation, a number of hurdles had to be overcome.

Assess your agency’s performance with accurate agency benchmarks

Agency remuneration benchmarking can be quite a controversial topic, especially for agencies. But it is also a point of contention for procurement and consultants. You see there are many people who purport to have robust agency benchmarks and will talk about their thousands of benchmark data samples. In fact it can ironically become a game of “who has the biggest pool of data wins” as tall tales are told about their data samples in an effort to get credibility.

Managing Marketing – what makes a good strategy?

Jeff Cooper & Ashton Bishop, Senior Partners at StepChange talk with Darren on the meaning of strategy and why it has become so confused in marketing and advertising. In a category where everyone appears to be a strategic expert, they differentiate between strategy and simply planning.

How to increase media agency transparency and accountability

With the rise of trading desks and programmatic buying for digital media trading there has been a corresponding rise in concern from advertisers regarding the the level of transparency in their dealings with their media agency. Certainly the Mediacom revelations of last year and the confession of the ex-CEO of Mediacom in the US fuelled this concern. Even though media rating company RECMA announced Mediacom as the highest rated media agency network in the world. But beyond concern, what are advertisers doing to bring greater levels of transparency and accountability back into their media agency relationships? What can advertisers and their procurement teams do to ensure they are getting not just the best media value but also the best performance from their media invest?

Managing Marketing – the importance of building your personal brand

Trevor Young, the PR Warrior shares his thinking with Darren on the importance of professionals developing a strong personal brand and why some marketers find it so hard to do. From his book Micro Domination he shares ways professionals can build a reputation as a thought leader in their profession.