Redefining Media Value
Arthur AndersonandSteve Fajen Morgan Anderson Consulting
Media spending is still one of the largest annual G&A investments of marketers, but getting a good return is increasingly difficult because of today's chaotic economic environment and a preoccupation with the wrong metrics. The question of 'media value' increasingly gets raised in the boardroom, and media management consultants are asked to give media-value opinions and provide media-value solutions.
The issues confronting marketers today are enormous. Brand performance issues abound, there is uncertainty over the U.S. and global economy, and global politics adds uncertainty. To make matters worse,...