[Posted by Peter Kim]
Mary Beth Kemp and I published a piece today that takes a hard look at the future of advertising agencies. It’s what used to be called, in Forrester parlance, a "Big Idea," i.e. concepts not necessarily in practice today, but best practices looking 5 to 10 years out and beyond. (The first Big Idea I wrote was called Reinventing the Marketing Organization.)
The executive summary of the research:
Today’s agencies fail to help marketers engage with consumers, who, as
a result, are becoming less brand-loyal and more trusting of each
other. To turn the tide, marketers will move to the Connected Agency —
one that shifts: from making messages to nurturing consumer
connections; from delivering push to creating pull interactions; and
from orchestrating campaigns to facilitating conversations. Over the
next five years, traditional agencies will make this shift; they will
start by connecting with consumer communities and will eventually
become an integral part of them.
Clients can access the report directly. After you’ve read the report, we welcome your comments here and/or on the Forrester.com site.