Rock solid start for Day #2 - as an Agency peep, we heard from Yahoo and Sportgenic...and Sportgenic managed to make an early morning, coffee-free room of media/agency folks surprisingly interactive...
Frikking awesome panel by John "Media-tronic" Durham opened up the morning's festivities with a star-studded cast of agencies and publisher/vendor people. The theme was "trading places", and the idea was to share viewpoints of the 'others' with the others present - to seek out commonalities and isolate differences. Following on the heels of Rick Parkhill's interactive opening the previous day,folks wer elooking forward to this one. And the panelists did not disappoint. Heck - John wouldn't let them.
Panelists included:
John roved the floor, posing questions to the panelists, and letting them (at times) riff:
Q. What are the biggest challenges in the buyer/seller relationship?
John aimed question numero uno at the Jeter of his lineup (props out, Arens!!!), Chris Arens. Arens thought for a nanosecond then got the party started with "lack of communication, lack of respect, and tunnel vision." Messina agreed, and wondered why publishers never hear back from agencies when they submit work for RFP's but don't make the plan...
Q. What does the other side do?
Samples batted first: "They ask really dumb questions, offer dumb solutions to the dumb questions they ask...and too often they are order takers, not solution providers". Niiiiiiice. Collective gasp.
Q. If you could strangle the neck of the other side over one issue, what would it be?
iMeem's Har: "Getting the RFP with a 24 hr turnaround, with no set budget. And we need an "out-of-the-box solution. By noon tomorrow. With working mockups."
Agency-side Lane responded: "we send those RFP's with 24hr turnarounds often because the client asks for the same thing...the original request funnels through an acct director/AE, through various channels to media...we don't do it to be unreasonable." She asked one thing: "if you need to say no, DO say no." Then she used agency judo, and said "often, we have publishers who don't even respond to RFP's - they just go into a black hole." Bam. Whi-chaaaaaa.
--> Following up on an earlier Messina's point, John asked Lane, "don't you have an obligation to share whether a [publisher's proposal] has made a plan or not?"
"We do", she said. "And we need to be your best friend. Because we need to understand you well enough to pitch you to our clients"
Favorite interruption: Witt - "none of this is very interesting to me. I work in the idea business.
Q. If there is one thing you could change in the other side, what would it be?
McGoran: "Time management. Our people need to be better capable of managing their time."
Note: this is the first time time management came up, and several panelists agreed mandatory training could be a good thing. John had asked the panelists to pair off with each other, prior to the conference, and discuss their perspectives on agency/publisher relationships, which led to this:
Q. What perceptions do you have or that changed after your conversations with the other side?
Gordon and Lane noted that "there were more similarities than differences", but Gordon went on to ask buyers for a little "empathy". Gordon went on: "there is no empathy on the part of buyers for what the sellers have to do to give them a compelling campaign idea for an RFP." Whii-chaaaaa.
Recurrent themes:
Value of time/value of training. Talent. Resources.
Publishers ask: "Why is my innovative idea being assessed by a 25 year old ding-a-ling? Who knows less about the stuff than I do and who was doing tequila shots 10 months ago?"
Witt: "Media shops place too much emphasis on spreadsheets and machines, not intuition."
Lane: "There is a sense of entitlement amongst younger folks. They are harder to train. Some are not as trainable as we'd like them to be. Simple decorum - manners. Picking up a phone rather than sending tons of emails."
McGoran notes: "It used to be easy to get a meeting. But things have become so fragmented there isn't time to meet. To develop a relationship."
Q's from the audience:
from Topix, to the agencies, "You want custom, but you want turnkey. Why can't we meet with the client? how does a 25 yr old rep know how to talk about my package to a client?"
Jeff Cole of Agency: "When does publisher get involved in a client discussion?"
Har - "I see an issue with seeing the agency and publishers as separate."
McGaron - "We have relationships with your clients too...they come to us directly...the client thinks something gets "lost in translation"...it's not to do and end run, but to keep client insulated isn't a good thing."
Nice exhcange between Arens and McGaron:
Arens: "I am ok with you talking to my clients, just not talking cost."
McGaron: "Of course! Of course!"
Arens: "You say of course, but this "ground rule" gets crossed all the time..."
Q. The one piece of advice/idea you have to make things better?
Messina: "the overall relationship is critical...it's getting automated to the point that facetime is lacking - we have become an RFP industry. That has to change."
McGaron: "We need to distribute our knowledge down through the ranks [re: training]. We sit here talking heady best practices, but we need to spend more time managing and training." This comment came from a general theme that I'll paraphrase: "young folks [publisher-side salespeople, agency-side buyers] with no training, decorum or time management skills were making life a lot more difficult than it needed to be in our space."
Scott: "I don't care about most of this - I care about ideas - we are all [media+creative+publishers] in the business of ideas, we just see it through different lenses...there's no problem that good design can't solve...and if we look at ourselves as being in the 'designing solutions' business, not the 'RFP' business, we'll be in a better place."
Sweeeeeet.
Notes from Panel #2: "Making Sense of Metrics"
Jonathan Adams, Moderator (Digitas)
Adam Gerber (CMO Quantcast)
George Ivie (Pres., CEO Media Rating Council)
David Smith (CEO Mediasmith)
Young-Bean Song (VP @ Atlas - Analytics & Atlas Institute)
Gerber: "Planning has no relevance to buying and delivering a campaign. Panel-based data fails to be the backbone of an addressable marketplace." [it was noted later no panel-based data folks were ont he panel...]
Smith: "When you buy Yahoo, you are effectively buying the homepage demos, but you don't get those demos unless you actually buy the homepage."
Gerber: "The web is not a page-based medium anymore. Page-based analytics fail to provide the level of detail that planners need to evaluate distributed planning opportunities." [disclosure: Gerber is CMO of Quantcast, a company with its own "open internet ratings" system]
Young-Bean: "The last ad clicked is an absurd measurement for creative efficacy." [disclosure: Atlas just came out with a new product for "engagement mapping", which apparently tries to adderss the "94%" of activity that takes place prior to the last click to transact]
Gerber - "It's not about the DR metrics, as brands come online - at the end of the day it's about the creative and the product offering - our people pull numbers to rationalize decisions, but we don't know where the data comes from or how to use it." Sweeeeeeeet.
Q. how do we build data metrics model that alow for intuition and ideas?
Gerber: "Look, 80% of business is still spots and dots."
Yoooowch.