A really good piece today in The Media Leader UK from EssenceMediacom UK's Chief Strategy Officer, Richard Kirk. Sharing an unpublished chart (see comments) from our £1.8bn econometrically-fuelled Profit Ability 2 study, he suggests that "spend in paid social for large brands may be treble the optimal level for growth" and that "Linear TV for big brands could be delivering much more with a boost in investment, with online video also offering headroom for growth." Addressing the "Well, obviously Thinkbox would say that" elephant in the room, Richard states: "...the dataset here is collated from brands’ own econometric data, across a series of agencies and auditors. No data capture or analysis has been undertaken by Thinkbox itself. Ebiquity and WPP, brands that trade on their neutrality in media, have done the work and built this tool." #TV #TVAdvertising #Advertising #MarketingEffectiveness Jane Christian, Olga Zaitseva, Dominic Charles, Matthew Chappell, Nic Pietersma Thinkbox | ITV Media | Channel 4 Sales | Sky Media UK
100% agree. We’re failing our advertisers until we rectify this imbalance on a client by client basis.
Really interesting piece.
Head Of Client Services | Media Leader Future 100 | Mentor at Media For All & Bloom UK | Marketing Week Mini MBA (Brand Management & Marketing)
2mo