Structuring the (ad) agency
Roderick White
The past 20 years have seen a blizzard of changes assailing the ad agency world, and this most conservative of industries has had to think seriously about reinventing itself in a more modern and market-responsive form.
Several factors are involved in this:
- ‘unbundling’ - the separation of (in particular) the media planning and buying function from the former full-service agency (22, 23, 24), itself partly driven by the quest for economies of scale, and partly by
- cost pressures (18, 22), imposed by advertisers increasingly questioning whether they are getting value for money...