Consultancy businesses tried to promise they’d upstage agencies — it hasn’t really worked like that

So far this year there has been about $15 billion dollars worth of media billings by advertisers to marketing services businesses — none of which has gone to consulting firms.
December 06, 2021

Remember when Accenture boasted about replacing agencies back in 2017 with its marketing services business? In the years since, the market has shown that these consultancy firms haven't proven to be a replacement for agencies and can be relied on instead on specific projects for particular regions. Read more below.

  • So far this year there has been about $15 billion dollars worth of media billings by advertisers to marketing services businesses — none of which has gone to consulting firms.
  • Two years after the Farm Bill legalized hemp, CBD brand Sagely Naturals is adding video advertising to its marketing strategy.
  • How will media agencies staff up when employees are leaving in droves, either from burnout or more lucrative offers from brands and tech firms? More in this Digiday+ Media Buying Briefing.
  • While lighter ad loads can push up ad prices and avoid pushing away audiences, streamers have to strike a balance on the business side.
  • After a successful two years running mostly virtual conferences, Reuters Events is exploring more hybrid and in-person components to its events for next year.
Other things to know about

Top Stories
So far this year there has been about $15 billion dollars worth of media billings by advertisers to marketing services businesses — none of which has gone to consulting firms.

howdy!
Two years after the Farm Bill legalized hemp, CBD brand Sagely Naturals is adding video advertising to its marketing strategy.

A recent focus group highlighted how marketers are approaching brand suitability and the social-media and the tools needed to control their exposure to harmful content.

Advertisement

howdy!
How will media agencies staff up when employees are leaving in droves, either from burnout or more lucrative offers from brands and tech firms?

Register for this webinar on December 13 at 1 p.m. EST to learn how marketers are approaching identity resolution in a changing data landscape.

howdy!
While lighter ad loads can push up ad prices and avoid pushing away audiences, streamers have to strike a balance on the business side.

Advertisement

CTV is merging the high-impact brand presence associated with linear TV with the measurable, actionable moments that digital engagement tends to foreground.

howdy!
After a successful two years running mostly virtual conferences, Reuters Events is exploring more hybrid and in-person components to its events for next year.

howdy!
This year, brands like McCormack, Venmo, Away, Benjamin Moore and Le Creuset have worked with Sanctuary to create custom branded content — matching paint colors, spending habits or cookware to specific astrology signs, for example — that’s then posted on Sanctuary’s Instagram page.

Condé Nast' CRO Pamela Drucker Mann is bullish on how the past year of investing into contextual targeting, digital video and e-commerce will assist in the legacy media company's continued digital-first growth.
You received this email because you’re a member of the Digiday community. If someone forwarded this to you, subscribe for yourself here .
Unsubscribe from this newsletter or update your preferences.
I don't want to hear from Digiday anymore. Stop receiving all Digiday emails.
Digiday Media, One Liberty Plaza, 9th Floor, New York, NY 10006

Older messages

‘Time for a bigger advertising push’: Why hummus brand Ithaca is investing in OOH, radio now

Thursday, December 2, 2021

By strategically placing the billboards outside of Wegmans in particular, Ithaca is hoping to get grocery shoppers to remember the brand when they are making their snack and dip purchases for football

Amid video growing pains, Amazon Live struggles to attract publishers

Wednesday, December 1, 2021

Amazon wants publishers to drive their audiences toward the ecommerce platform's shoppable videos. Many are skeptical. December 01, 2021 More than two years after renewing focus on its live-stream

WTF is data-driven creative?

Tuesday, November 30, 2021

In the age of personalization, there is a fine line between invasive and curated, the trick to striking a balance comes down to leaving personal identifiable information (PII) out of the equation. Yet,

How ESL is bringing its tried-and-true esports event framework to the mobile space

Tuesday, November 30, 2021

ESL views the growth of mobile esports as an inevitability, the result of the increasing computing power of smartphones and other mobile devices. November 30, 2021 Mobile gaming is an ever-growing

Cyber Monday Offer: Save 35% on membership

Monday, November 29, 2021

Most accessed by Digiday+ members Digiday Media Research: A comprehensive guide to third-party cookie alternatives Digiday has created this guide to provide an overview of the possible responses

You Might Also Like

SaaStr Annual Savings for First Time Attendees

Wednesday, November 20, 2024

Save $200 per ticket for a limited time To view this email as a web page, click here saastr annual 2025 SF Bay Area, May 13-15, 2025 MAY 13, 14, 15 : SaaStr Annual 2025 The biggest SaaS event of the

Loaded

Wednesday, November 20, 2024

A boom in M&A could yet sweep the gaming sector ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏

Here's what I'm hearing about why Hawaii just fired their athletic director

Wednesday, November 20, 2024

November 20, 2024 | Read Online Here's what I'm hearing about why Hawaii just fired their athletic director Craig Angelos hasn't even been on the job for two years. He has support from

🔔Opening Bell Daily: NVDA's dominant run

Wednesday, November 20, 2024

Wall Street expects blowout earnings from the chipmaker, but 5 charts show how lofty forecasts stem from years of domination. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Mind The Gaps

Wednesday, November 20, 2024

Critical gaps in your marketing strategy. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Cultivating Light Bulb Moments: A Leadership Lesson from Greg Olsen

Wednesday, November 20, 2024

At the heart of leadership lies a simple truth: it's not about us — it's about the people we care for and the light we help them find within themselves. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Personality-led business building, positioning and pivots.

Wednesday, November 20, 2024

In conversation with Jessica Lackey. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏

Oura rings up $5B valuation

Wednesday, November 20, 2024

Why hybrids lead the green race; Blackstone gobbles up Jersey Mike's; PE bogs down in India Read online | Don't want to receive these emails? Manage your subscription. Log in The Daily Pitch:

Negative social proof for persuasion

Wednesday, November 20, 2024

Every year we bring the highest quality software to RocketHub for an insane BFCM event. This year is no different! BFCM starts now so check the page below for one new lifetime deeaaal drop each day.

🔍 How Smashd Added 500K+ Followers W/ One Content Series

Wednesday, November 20, 2024

November 19, 2024 | Read Online All Case Studies 🔍 Learn About Sponsorships How do you get people to buy into your story? Your goals? Your mission? The simple answer is content. The deeper answer is “