The Agency Landscape Is In The Crosshairs — Be The One To Call The Shots

David Cooperstein

The agency world is going through a teething stage, as agencies mature from the cooing softness of being social or mobile specialists, nurtured by large adoptive holding-company parents, and develop into more complex and thoughtful entities. I recently wrote a report (see the blog post about it here) that lays out the ways in which digital agencies, creative and media agencies, and large technology developers will align. Now I am on the hunt for an insightful, analytical, and objective opinion leader to take on the role of establishing, analyzing, and evangelizing the role of agencies as they evolve in this new era.

The role, like other Forrester analyst roles, is one-part analysis, one-part writing, and one-part speaking. The person who fills this slot at Forrester will be able to engage the CMO of a large CPG firm, the CEO of a large agency, and the leadership team of large integration firms, without skipping a beat. You’ll need to be a great writer to get your story clear and distributable and be able to assess the core elements of what makes an agency and a client work well together.

If you like to think deeply, write clearly, and then roll up your story into an executive discussion, send me your resume, or apply here.

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The Dark Side of the Database of Affinity?

Nate Elliott

Last year we introduced a concept called the Database of Affinity — a catalogue of people's tastes and preferences collected by observing their social behaviors — and proposed that the greatest marketing value of social media won't come from marketing to people on social sites, but rather using this database of affinity to improve the marketing that happens everywhere else. And in 2013, several social networks started to pursue this opportunity: For instance, Facebook launched an artificial intelligence research team and Google started selling "affinity segments" targeting on its properties.

But are social sites going too far in their effort to build the database of affinity? Perhaps. Recently we've seen reports that some social networks are tracking not just the information that you choose to share, but even information you choose not to share. For instance, Facebook has admitted to studying "aborted posts" — the things people type into Facebook (as status updates, in comments, and on other people's timelines) but then choose not to post. Likewise, both Google and Foursquare apparently use their mobile apps track users' locations at all times, even when people aren't actively using those company's apps.

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Will Native Advertising Be A Tragedy Of The Commons?

Ryan Skinner

One thing can be said definitively about native advertising: It is poorly understood.

  • It’s advertising, but shouldn’t act like it (even though it should definitely be labeled as such).
  • It’s like advertorials, but also far more than that – just as media sites are more than web newspapers.
  • The media world loves it and loathes it. Bob Garfield famously compared it to islands of bird poo at an FTC workshop in December. But most publishers are ramping up their native advertising.
  • Readers say they have been misled by it, though millennial-friendly media titles like BuzzFeed, Mashable and Gawker are doing more and more of it.
  • Lastly, when a committee of the best and brightest in native advertising sat down together to define it, they settled on six different types, or categories.
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Customer Experience Professionals, Meet Service Design — Your New Best Friend

Kerry Bodine

Companies can turn to a variety of experts — like interactive agencies and customer experience transformation consultants — for help with improving or innovating the customer experience. But despite years of experience and a thriving professional network, one type of expert remains virtually unknown to customer experience professionals: the service design agency. Customer experience professionals should seek out service design agencies because:

  • Service designers tap into the power of human-centered design. Unlike customer experience firms that take an approach akin to management consulting, service design agencies leverage human-centered design practices like ethnographic research, co-creation, and low-fidelity prototyping. The combination of these practices enables service design agencies to more quickly — and cheaply — identify the real customer and corporate problems that they need to address and develop effective solutions. These activities also serve as potent communication vehicles, exposing assumptions and marshaling early buy-in from employees and stakeholders.
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UK Mobile Banking Can Finally Embrace Remote Deposits

Oliwia Berdak

January is a time of lists. For some, it’s their 2014 resolutions. For me, it’s my post-Christmas to-do list. Inevitably, there will be quite a few thank-you letters to write (even for those unwanted presents that feed the January eCommerce activity). I will also be making my way to the bank to cash the checks I’ve received from the more removed (and dare I say older) relatives. And I won’t be alone: 23 million checks were sent as gifts in the United Kingdom in 2012. This unwanted yet unavoidable annual visit to the branch means that whilst checks might be a less risky present, they are not hassle-free. But hopefully not for much longer. In 2014, the UK government will finally consult on introducing legislation to speed up check payments, including through smartphone-enabled remote deposit capture. And about time.

In the US, bank customers have been using services like USAA’s Deposit@Home since December 2006. Remote deposit capture was initially only possible through a high-resolution scanner. Innovations in mobile technology have made remote deposits easier and more popular. By 2012, 13% of US online adults who have done mobile banking activities in the past three months reported depositing a check by taking a picture with their mobile device.

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Marketing 2014: Driven By Insights, Striving For Personalization, Breaking Media Boundaries

Melissa Parrish

December 26th at my house was probably a lot like it was at yours: We ate leftovers; we binge-watched shows we’d missed earlier this year; and we played with toys. Not kids’ toys—tech toys. The one we played with most is also the one I spent the most time researching before I bought it: the 3D printer. 

Between printing demo pieces and whistles, I checked out my favorite sites to see if any new stories had been posted over the holiday. One of them appears to have implemented a cookie-based content targeting strategy, as both its tech and design sections were packed with headlines about 3D printing. I was pleased to see this attempt at relevance, but it failed in my case. Why? Because it was too one-dimensional. 

By just looking at my recent cookies, an automated system could conclude that I’m interested in 3D printing in the abstract. But in fact, I was just trying to learn everything I could in order to make the most informed purchase. If the targeting strategy had taken into consideration the timing of those cookies (I only ever dug into the topic between Thanksgiving and the second week of Dec), my affinity data from Facebook and other social networks, and my long-standing content habits, I would probably have ended up with headlines related to smartphones, tablets, and wearables: things I’m more interested in now that my Christmas shopping is done. 3D printing headlines may have seemed more relevant, but they didn't get a single click from me.

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Announcing The Forrester Wave™: Mobile Commerce Solution Providers, Q4 2013

Peter Sheldon

I am pleased to announce that the inaugural Forrester Wave evaluation of mobile commerce solution providers is now live!

Mobile commerce is hot – In fact for Pizza Hut, it’s so hot that approximately 50% of all digital orders come from mobile and tablet devices. Beyond impulse purchases like pizza and cinema tickets, mobile commerce is now firmly established as a significant source of revenue growth for almost all online retailers. Last year Forrester forecasted that 5% of total online revenues would occur through mobile devices in 2013, but by the close of the year, many online retailers such as HSN are reporting that mobile revenues have in-fact broken the 10% threshold and, furthermore, some retail clients have told us that revenues via mobile devices have already reached 20% of total online sales during peak days. 

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CX Predictions For 2014 — Australia And Asia Pacific

Craig Menzies

Last month I contributed to Dane Anderson's excellent report "Asia Pacific Technology Predictions: 2014." As it's the time of year for predictions (and the occasional fireworks display and glass of champagne), I wanted to revisit my thoughts on what will be important in 2014 from a customer experience perspective, in addition to the predictions I made in that report.

We who research customer experience full-time and have been doing it awhile can't help but notice a change in how customer experience is being viewed by firms and organizations. Five years ago when I was last at Forrester, for example, the main thrust of our work was convincing business leaders that CX was something that was essential to invest in. Now our work has changed. It seems that the CX message has been received, and it's less about convincing firms that it's a good idea and more about gauging where companies are with their CX efforts and giving guidance on how they can achieve the goal of truly differentiating their businesses through the quality of the experiences they deliver (consistently and systematically).

So as I listen closely to what customer experience professionals, CIOs, and CMOs are talking about, it's clear to me that we're actually cresting the wave of a trend. Customer experience brings proven benefits, the C-suite gets it and funds it, empowered customers expect it, and companies that ignore this trend are going to be left behind.

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From Revenue To Life-Cycle Management: 2014 Investment Imperatives For B2B CMOs

Laura Ramos

As B2B CMOs tally up 2013 budget returns in these final days of December, the need to invest in technology, people, and processes to better manage customer interactions at every buying stage from suspect to advocate will become essential. For those yet to venture into marketing automation in a significant enterprisewide manner, 2014 will be the year to get started.Source: cloudtimes.org

Why do I feel so strongly? Because the business case for lead-to-revenue management delivers credible improvements in marketing program and sales productivity and can no longer be sidelined or ignored. 

In research published earlier this month (subscription required), I talked to marketers, technology vendors, and marketing service providers deep into transitioning from competent campaigners to owners of the new customer relationship. Those involved in marketing automation today recognize that these systems not only affect revenue generation efficiency but also deepen the bonds between buyers and the firms that serve them. 

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Content Marketing Fortnight V: A time for branded data, surveys, reports and playbooks

Ryan Skinner

What’s happening (that’s important) in the world of content marketing? This is your fortnightly* round-up of the best of the best stuff online for marketers who think about content; for the previous “Fortnights”, go to the bottom of the post. (And for more information about what the Content Marketing Fortnight is, see my intro from the first one. Get this curated newsletter in your inbox every other week – send me a mail.)

IAB publishes content marketing primer
Set up simultaneously with its native advertising task force (see below), the IAB’s content marketing task force has produced a content marketing primer. It is by no means sexy or compelling for content marketing practitioners, but it does give them a succinct, 6-page tool to explain the basics of content marketing (as well as a tacit endorsement from the IAB) for stakeholders.

IAB drops native advertising playbook same day as FTC workshop

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