Advertising Agency
Role of Ad Agencies and Other marketing Communication Organizations
Major Institutions Involved in Advertising Management
Control Institutions Facilitating Institutions
Advertising Agency Government Advertiser Media
Competition
Research Suppliers
Markets and Consumer Behaviour
The first ad agency was set up by J.
Walter Thompson in Philadelphia in 1841 by way of selling space in news papers and magazines. He was news paper agent
Major Ad Agencies of India
Hindustan Thompson Lintas Mudra O& M FCB-Ulka R K Swamy Clea Trikaya Grey Rediffusion Contract
FUTURE
1. DEVELOPMENTS : Brand Proliferation Media Explosion Technology Boom Changed Consumer 2. MARKETS : Dot Coms Financial Agency Marketing Public Relations Franchise Markets
Types of agencies
Full Service Agencies Provides whole range of services to clients, both advertising and non advertising
A la carte agencies or boutique agencies
Specialize in creative concepts, strategy development
House agencies Agency established by company itself e.g. Lintas by lever and Mudra by Reliance
Ad Agency Structure
President/Proprietor Branch Head Head Accounts
Account Planner
Creative Director
Planning
Media Head
Buying Operations
Studio
Finance Banks Financers Clients suppliers
Clients brand Art
Copy Print
TV/ Film Producers
Production
Agency services
Account Planning
Account Management Creative services Media services Traffic maintenance
Selection of an Ad Agency
Looking around Shortlisting
Criteria for shortlisting
Core competence Service orientation Category expertise Current portfolio Resource allocation Remuneration Location Size Thought alignment
Signing Up Agency briefing, setting and directing the achievement
of objectives
Agency Compensation Systems
Media Commission Model
Fee- Based Model Other Options In-house ad agency Creative shops/ Free lancers Marketing communication consultants
Problems Of Advertising Agencies
Delayed Payment Development Of Break Away Units High Salary Change Frequency by Clients Erratic Pre-Censorship Of Commercials
TRENDS Indian Agencies Go Global
Artful Obscenity Use Of Children in Advertisements Specialization Rural Advertising Grasping the Grassroots
Areas of Client- Agency Conflict
Guiding Principles For Good Relationship Trust Honesty Commitment and responsibility Understanding and empathy Respect
Agency Tasks/ functions
Planning client mix strategies
Financial planning and controls Estimation Signing contract Advance request invoicing Billing Outstanding generation and follow up Payment
Relationship with other partners & associates Managing media relationships Managing relationships with artist, creative people
Specialized Services
Direct Marketing Agencies
Sales Promotion Agencies Public relation Firms
Interactive agencies- devt of Web etc.
Collateral Services
Marketing Research companies
IMC service companies
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