Reducing advertising agency numbers_2
17 August 2012
Q: I work for a multinational company with operations throughout Europe. We deal with more than 100 advertising agencies and there are huge opportunities to rationalise these and add value. How should I approach this task?
A: Susan Gavigan, lead consultant at QP Group, writes: Before addressing how to rationalise, I would advise you to look at a number of macro issues that will inform both your decisions and their ease of implementation.
The first is about data gathering - understanding fully your internal data and spend profile, and the external market and industry data....