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Agencies must change!
     Professor Jonathan Briggs
            Hyper Island
Agencies must change!    Music
                             Movies

                                 Newspapers
             Professor Jonathan Briggs
Kingston University, the OTHER media &Advertising
                                       Hyper Island
                                              Politics

                                                    Education
Who will survive?

Who will prosper?

   Who fails?
Charging

            What needs to change?
The Work
            Think about the biggest issues in
            each
Structure   Crowdsource the results

            Keep the ideas clear and
  Tools     different

            http://bit.ly/openlondon
Processes


Culture
Become a 100% digital
     agency?
Give away free work
Unlimited work for a fixed fee
     Free updates for life
 Pitch lists with 20 agencies
     Clients have no idea
  Make a better Facebook
 We want the “wow factor”
       Digital is cheap
Possible changes
•   Stop being agencies

•   Stop pitching          •   Charge for value

•   Buy more digital       •   Payment by results

•   Improve PR functions   •   Take a cut in sales

•   Offer strategic        •   Technology licensing
    consulting             •   Software as a service

•   Crowdsource/           •   Charge for leads
    outsource everything
                           •   Invest in start-ups
•   Search marketing
                           •   Lowe Labs
•   Create products
Ways of doing things are are
         changing
crowdsource
outsource
pay for results
direct     20%
                                                                    870        $195
                                       ?
                                                                 orders per   average
                                                                   month       order

       search      62.5%
                                                   ?

                                    qualified     nearly
                           traffic                                customers    $2.5M
0.57                                 traffic    customers
          PPC      0.87%
cpc                                                                            annual
                                                                              revenue
                   14.4%
       referrals                                         0.87%
                     %
                                                          site
        email      2.8%                                conversion




                           1.2M
                                                       followImaginary figures
                                                               numbers
small projects
continuous change
experiment
How are agencies changing?
                         Outsourcing or
In house production
                         crowdsourcing
   Paid for time          Paid for results

 Integrated teams     Specialist departments
                           Services or
    Campaigns
                           ecommerce
     Big ideas          Focus on numbers

   Big projects       Small iterative projects
Twitter, LinkedIn, Facebook,
     Vimeo, Delicious
   or search on Google

      jonathanbriggs

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Changes in agencies (open)

  • 1. Agencies must change! Professor Jonathan Briggs Hyper Island
  • 2. Agencies must change! Music Movies Newspapers Professor Jonathan Briggs Kingston University, the OTHER media &Advertising Hyper Island Politics Education
  • 3.
  • 4. Who will survive? Who will prosper? Who fails?
  • 5. Charging What needs to change? The Work Think about the biggest issues in each Structure Crowdsource the results Keep the ideas clear and Tools different http://bit.ly/openlondon Processes Culture
  • 6. Become a 100% digital agency?
  • 7. Give away free work Unlimited work for a fixed fee Free updates for life Pitch lists with 20 agencies Clients have no idea Make a better Facebook We want the “wow factor” Digital is cheap
  • 8. Possible changes • Stop being agencies • Stop pitching • Charge for value • Buy more digital • Payment by results • Improve PR functions • Take a cut in sales • Offer strategic • Technology licensing consulting • Software as a service • Crowdsource/ • Charge for leads outsource everything • Invest in start-ups • Search marketing • Lowe Labs • Create products
  • 9. Ways of doing things are are changing
  • 13. direct 20% 870 $195 ? orders per average month order search 62.5% ? qualified nearly traffic customers $2.5M 0.57 traffic customers PPC 0.87% cpc annual revenue 14.4% referrals 0.87% % site email 2.8% conversion 1.2M followImaginary figures numbers
  • 17. How are agencies changing? Outsourcing or In house production crowdsourcing Paid for time Paid for results Integrated teams Specialist departments Services or Campaigns ecommerce Big ideas Focus on numbers Big projects Small iterative projects
  • 18. Twitter, LinkedIn, Facebook, Vimeo, Delicious or search on Google jonathanbriggs