Things are changing, that’s for sure. One major shift is that everyone is everyone else’s business. You have marketers that think they’re journalists, brands that act like publishers, and publishers trying to be agencies. It can seem like everyone wants to do something — anything! — other than what they’re doing.
Several advertising executives revealed their secret non-advertising dream jobs. Investment banker and ubiquitous PowerPoint slide maker Terence Kawaja, obviously feeling left out by all the fun alternative job talk, weighed in with his dream career.
But maybe different jobs aren’t all that different after all. After Percolate’s Kunur Patel argued marketers should give up on the idea of being journalists, one reader points out journalism is a business, too:
After all, it can be difficult to communicate across groups. We saw that as publishers gave their beef about agencies, most of the responses pertained to digital dealings. Edward Boches, chief innovation officer at Mullen, cried foul.
Relationships are, however, without a doubt hard. In the end, some decide they’re just not worth the trouble. That’s the case with brands that are moving their social strategy in-house rather than continue agency relationships. Ah, but the solo life is a hard one — and lonely to boot.
Content Marketing Strategist Joe Pulizzi explains that going it alone is a resource sink. It just doesn’t add up.
I believe the big challenge is not in developing compelling content for a media company…it’s the fact that the “agency” business is a completely different business model for a publisher. It requires heavy account management and client service that, sadly, most publishers simply don’t have. When I talk to publishers about the issue, we soon realize that they don’t have the current human resources to get these types of jobs done right.
More in Media
Earnings from social and search players signal that AI will be a long-play investment
Giants like Google, Meta and Microsoft say investors and advertisers might have to wait longer for AI to generate a better return on investment.
Why some publishers aren’t ready to monetize generative AI chatbots with ads yet
Monetization of generative AI chatbot experiences is slow going. Some publishing execs said they’re not ready to add advertising to these products until they scale or can build a subscription model first.
Media Briefing: Publishers who bet on events and franchises this year are reaping the rewards
Tentpole events and franchises are helping publishers lock in advertising revenue.