Offer extended:

Save 50% on a 3-month Digiday+ membership. Ends Dec 12.

SUBSCRIBE

How the Agency Business is Like Tim Tebow

Yesterday Digiday gathered top media executives, buyers and marketers from digital agencies at the inaugural Digiday Agency summit in New York to discuss the current state of digital buying and what’s on the horizon in 2012. Panel discussions included topics like “A Publisher’s Guide to Fixing Agencies,” “The Agency Model is Broken – Or Is It?” and the Hypebusters panel on “The Shifts Ahead as Agencies Automate.” Here are some notable quotes from Digiday Agency.

• “The agency business is like Tim Tebow: Everyone thinks we’re screwed, but here we are in the fourth quarter still winning.” –- Rob Norman, CEO, GroupM

• “Just because you can measure it, doesn’t mean you should.” – Nate Woodman, COO, Adnetik

• “There’s so much VC money being put to use with sneaker-designing parties.” — Eric Franchi, co-founder, Undertone

• “Big is good, only if big is smart.” — Rob Norman, CEO, GroupM, on the Yahoo-AOL-Microsoft ad alliance

• “I don’t believe you can be in the digital space now unless you make things.”– Jean-Philippe Maheu, CEO, Publicis Modem

• “You have to go from being the pilot to being the stewardess.” — Lars Bastholm, chief creative officer, Cheil USA

• “The fact that we’re still talking about the click-through rate, it’s like the world is flat.” — Aaron Broder, CEO of Evolve Media

• “Even if you are a brand advertiser, your goal is to drive people into a store to purchase.” -– Brian Lesser, CEO, Xaxis

• “Culture of fail is embraced — fail quickly but hope that one of the campaigns takes off.” — Darren Herman managing director, kbs+p Ventures, on agencies as VCs

• “It was an incredibly effective mechanism of trade.” — Quentin George, chief innovation officer, IPG Mediabrands, on the famed role of three-martini lunch in the ad process

More in Marketing

Pitch deck: How Amazon is recasting Twitch as a core part of its CTV pitch

Amazon is positioning Twitch as a defining asset in its CTV ambitions.

Netflix transforms former mall department stores into experiential venues

The location in Dallas opens this week, and one at the King of Prussia mall near Philadelphia opened last month.

Future of Marketing Briefing: AI has created a new talent paradox in programmatic agencies

The job isn’t execution anymore. AI handles that. The job is judgement.