In August 2016, the ANA and Decideware conducted a survey to better understand how companies are using data to manage agency relationships and how learnings from this survey can be applied to optimize client-agency performance.
Fig 1: 80% of respondents stated that they always or often use data to manage agency relationships
Some ways clients are using data to manage agency relationships include: agency performance evaluations, tracking of agency hours, copy/creative testing, benchmarking production costs, media efficiencies, and budget updates. Results of the survey showed that data is frequently used for managing agency relationships, with 80 percent of respondents indicating that they “often or always” use data to manage agency relationships. It also showed that use of data contributes to better overall agency relationship, improvement of agency efficiencies and internal efficiencies at the client's organization. To summarize:
Fig 2: Graphs show how the use data to manage agency relationships helps improve relationship or efficiencies.
To view the entire survey Click Here
Richard Benyon is the CEO of Decideware, Inc. and co-founder of Decideware Dev Pty Ltd, a role that sees him work closely with executives in the world’s largest advertisers helping them manage the performance of, and relationships with their marketing and communication agencies.