News > Agency
SaveE-mailPrintMost PopularRSSReprints

CMOs Not So Thrilled With Their Agencies

Bad news for shops as client honchos express their displeasure

Jan 29, 2009

- Mark Dolliver


NEW YORK Chief marketing officers are less than enthralled with their ad agencies, to judge from a survey conducted for Epsilon by GfK Roper Public Affairs & Media.

Released today (based on polling fielded in October),the poll found relatively few CMOs saying their agency of record exceeds their expectations in such areas as price (9 percent), return on investment (12 percent), client service (23 percent) and "knowledge of my business" (24 percent).

Much higher numbers of CMOs said their agency "meets" expectations in these areas, though the approval was well short of unanimous even by that middling standard. For instance, 62 percent said the agency meets their expectations for knowledge of the client's business and 64 percent said it does so when it comes to client service.

The same poll asked the CMOS to say which marketing efforts they would never outsource. Atop the list (cited by 34 percent) was strategy and planning services, followed by customer relationship management (31 percent), customer database warehouse (29 percent), e-mail delivery system (22 percent) and data mining (18 percent).

You'd expect it to be a buyer's market these days for marketing talent, given all the layoffs the profession has endured. But the survey also found 39 percent of CMOs dissatisfied with the availability of qualified candidates for marketing jobs, including 6 percent who are "very unsatisfied." Just 5 percent said they're "very satisfied" with the talent pool for new hires, with most of the rest merely "somewhat satisfied."


CMOs Not So Thrilled With Their Agencies

Bad news for shops as client honchos express their displeasure

Jan 29, 2009

- Mark Dolliver


NEW YORK Chief marketing officers are less than enthralled with their ad agencies, to judge from a survey conducted for Epsilon by GfK Roper Public Affairs & Media.

Released today (based on polling fielded in October),the poll found relatively few CMOs saying their agency of record exceeds their expectations in such areas as price (9 percent), return on investment (12 percent), client service (23 percent) and "knowledge of my business" (24 percent).

Much higher numbers of CMOs said their agency "meets" expectations in these areas, though the approval was well short of unanimous even by that middling standard. For instance, 62 percent said the agency meets their expectations for knowledge of the client's business and 64 percent said it does so when it comes to client service.

The same poll asked the CMOS to say which marketing efforts they would never outsource. Atop the list (cited by 34 percent) was strategy and planning services, followed by customer relationship management (31 percent), customer database warehouse (29 percent), e-mail delivery system (22 percent) and data mining (18 percent).

You'd expect it to be a buyer's market these days for marketing talent, given all the layoffs the profession has endured. But the survey also found 39 percent of CMOs dissatisfied with the availability of qualified candidates for marketing jobs, including 6 percent who are "very unsatisfied." Just 5 percent said they're "very satisfied" with the talent pool for new hires, with most of the rest merely "somewhat satisfied."


Post a Comment
Asterisk (*) is a required field.
* Author:
* Comment:
 
The opinions expressed in comments are those of the individual poster. They do not necessarily reflect the views of Adweek or Nielsen Business Media. Attacks of a personal nature and comments that are otherwise inappropriate may be removed.

Other Agency News

down

Havas Sees 4.4% Organic Slide in Q4

February 09, 2010

Havas today reported fourth-quarter worldwide revenue of $574 million, which represents a 4.4 percent drop in organic terms. Read Full Article



Our ProductsOur Products

ADWEEK DAILY UPDATE

Receive a comprehensive roundup of the biggest stories of the day.

BREAKING NEWS ALERTS

Sign up to be the first to hear about the biggest breaking news stories.

SUBSCRIBE

Stay connected to what's happening in the advertising industry with delivery of the print edition and complete online access.

More VideosVideo





Adweek Advertising Home | Advertising Industry News | Creative TV Advertising | Advertising Industry Community | Video Advertising | Advertising Data Center | Advertising Special Reports | Advertising Careers | Advertising Products | Advertising About Us | Advertising Business Statements | Advertising Contact Us | Advertising Opportunities | Ad Licensing | Advertiser FAQ | Advertising Magazine Subscriptions | Advertising News RSS | Online Ad Site Map | Mobile

© 2010 Adweek. All rights reserved. Terms of Use  |   Privacy Policy