Home Online Advertising Agencies To Reap The Benefits Of Behaving More Like Silicon Valley In 2012 Says 4A’s Prez Nancy Hill

Agencies To Reap The Benefits Of Behaving More Like Silicon Valley In 2012 Says 4A’s Prez Nancy Hill

SHARE:

2012 PredictionsThe 2012 version of the AdExchanger.com “predictions” piece comes with a twist as a selection of industry execs offer their thoughts on the following question:

“What’s going to happen next year in advertising that hasn’t happened before? And why?”

Nancy Hill, President of the American Association of Advertising Agencies (4A’s), offers her views.

What will we see in advertising in 2012 that’s never been done/happened before?

I think we will finally see agencies reaping the benefits of behaving more like Silicon Valley than Madison Avenue. For years, agencies have been their own worst enemies when it came to the three things that foster true innovation: collaboration, speed to market and entrepreneurial spirit (or what I call the fear of failure factor).

I believe it was Rishad Tobaccowala who said, “Be open to outside partnerships because incest breeds horrible ideas.” Well, we’ve been an incestuous industry alright. But now, we are seeing true partnerships form that gives everyone the ability to look at a problem from many points of view. Most of the start-up agencies over the last two years are built on this tenet and are flourishing nicely.

These partnerships are leading themselves to better speed AND importantly, a willingness to fail/regroup/fix/go back to market; all the while measuring, measuring, measuring.

So, my prediction for 2012? We will see an invention that comes out of an agency that will be beautiful, utilitarian and widely adopted. And, if comedian Louis C. K. is right as he said in the recent Fast Company article: “the next Steve Jobs will be a chick,” and we’ll be celebrating a woman who did it.

Read more predictions:

Tagged in:

Must Read

Taking A Look At Tuple, A New Entrant To The Ossified DSP Market

Tuple is entering the DSP market at a strange and tense moment for third-party ad tech. “There’s just so much animosity” between the programmatic buy and sell sides, says Founder and CEO Doug Lauretano.

AdExchanger's Big Story podcast with journalistic insights on advertising, marketing and ad tech

AppLovin’s Play To Reach Non-Gaming Advertisers

Gaming apps are filled with ads for more gaming apps. Why not other advertisers? We go inside AppLovin’s play to bring non-gaming advertisers into the fold.

Andrea Kwiatek, director of strategic partnerships at Goodway Group

Agentic AI Is A Shiny New Object, But Supply-Path Optimization Is A Reality Check

AI can help make media buying more efficient. But it’ll take some more time before AI agents are a seamless part of the modern media buying process, says Goodway Group’s Andrea Kwiatek, director of strategic partnerships.

Privacy! Commerce! Connected TV! Read all about it. Subscribe to AdExchanger Newsletters

Pinterest Names Jason Fairchild GM Of Programmatic And Affiliate

Pinterest expanded tvScientific CEO and Co-Founder Jason Fairchild’s title to general manager of programmatic and affiliate. The title upgrade comes less than a year after Pinterest acquired the performance-focused CTV ad startup.

Liftoff’s Message For Investors During Its First Earnings Call: We’re Not Just A Gaming Company

Liftoff used its market debut to school investors on mobile ad tech – and make the case that travel, finance and shopping apps could be its next growth engine.

Benoit Vatere, chief media & digital commerce officer, Liquid Death

Murder Your Thirst And Measure Everything

Liquid Death is all jokes and dark humor on the surface, but the canned water brand’s chief media and digital commerce officer, Benoit Vatere, takes measurement deadly seriously. He’s tackling one of the gnarliest problems in CPG: proving that media actually moves product off the shelves.