The investigation of Google by state attorneys general has moved to the fore again and could lead to a breakup of its ad business as part of an expected lawsuit.
Adweek Together: The Future of Agencies
How will agencies evolve to keep up with the changing world around them? This year alone, they’ve already had to go through seismic shifts with the Covid-19 crisis and its ensuing recession, and now the resounding call for social justice. VMYL&R works with brands such as Wendy’s and has shepherded campaigns for brands including Nintendo’s…
‘It has to start from the top’: Agencies are forced to consider their own diversity and inclusion shortcomings
Like many companies, agencies were caught flat-footed by the unrest spreading across the country. Most fell back on messages of support — some opted to give employees a day off for reflection — but the stark reality remains that agencies, despite years of talk of the importance of diversity, are not very diverse or inclusive places for many.
In recent years, agencies in particular have spoken regularly about the need to make diversity and inclusion a priority, to the point where the words “diversity” and “inclusion” became yet another set of buzzwords, according to agency executives. Programs were created to help a supposed “pipeline” problem that one media buyer told me this week was never really the case: “Everyone still says there’s a [talent] pipeline problem. There aren’t pipeline problems. It’s just that there are still a lot of white people who don’t want to hire a person of color who would quite frankly kick their ass and do a lot better at the job.”
Now, in the midst of the coronavirus and economic crises with agency CFOs in charge looking for anywhere they can cut there’s a renewed focus on diversity and inclusion at agencies. That may stop CFOs from cutting existing D&I programs, according to agency executives, who are hopeful that agencies will finally give those programs the resources that they need.
“A lot of agencies view D&I programs as ‘nice to haves’ and people put them in place because they feel like they should have them but I don’t think they’ve made a huge dent in our industry,” said an independent agency HR director, adding that before this moment CFOs may have looked to cut them. “With everything that’s going on in the world right now, it’s the last thing we’d cut from our budget.”
To make a true dent in agencies, those programs need funding and commitments from agency leaders to hire the talent that goes through them.
“Diversity advocacy can only start at the top,” said Keni Thacker, founder of 100 Roses from Concrete, a platform dedicated to helping black men in advertising. “There are some amazing D&I advocates out there believe me, and I know and love them all. Sadly, a lot of them do not control the allocation of the resources needed for sustainable D&I reform. It has to start from the top.”
Still, agencies will need to make budget cuts to survive. Much of that cutting will be in employees according to a new Forrester report that predicts 52,000 agency jobs will be lost in the next two years. Now, as these crises coalesce there’s a sense that this could be a moment of change in terms of the make up of agencies that goes beyond preserving or investing in new D&I programs.
“We’re at a pivotal point where the awareness has come together at a very unique time in our culture with what’s going on in the world,” said Corean Canty, COO of the Goodway Group, of the renewed focus on diversity and inclusion at agencies. “My hope is we’ve hit a catalyst point that drives it forward in the right direction.”
“This is the moment where every organization and agency needs to be reassessing,” said Davianne Harris, partner and head of strategy, Oberland. “Obviously, the jobs loss is horrendous but there is this opportunity now with all these things coming together for a reset in a way, really structurally changing, not just looking at [diversity and inclusion] as an offshoot but a department that has goals and levels of accountability.”
3 Questions with 100 Roses from Concrete’s Keni Thacker
What should agencies be doing now to address diversity issues?
It starts with honesty. Companies have gotten away for the last 15 years or so by playing the logo game. They have a logo up at an advertising diversity event, co-sponsor it, and send some folks (usually a few employees of color). I have found diversity events beneficial in building my network and community. However, some of those in attendance do not have the power to shift the needle of change. Instead, it turns into a box checked for the year, and there is no change to the genetic makeup or thinking of an agency.
Also, those diversity events are the only places where people of color truly feel a sense of community more than in their own offices. Once these agencies take a long look in the mirror and admit what the problem is, then they can make transformational, systemic, and sustainable change. But it has to start with those in power using their platform of privilege for good.
Why don’t agencies release diversity numbers?
Agencies are afraid to release their numbers because they are horrible. It’s exceptionally horrible when you have all these flowery statements about diversity, equity, culture, belonging, and inclusion that are not true. Accountability is not the ad industry’s color. Why is the tech industry-leading in their diversity efforts? Two answers: money and transparency. The ad industry has had one of the two and has used it for overrated egos and complicit behavior.
One issue I’ve heard from folks is that clients still want to whitewash their ads. How should agencies address this?
Honestly, it is a double-edged sword. Agencies have to figure out ways to communicate to these deep pocket “traditional” clients that the world is changing, and they need to change with it. If not, eventually, there will be financial consequences. The days of profit before people are over, and brands need to understand that.
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Hospitality Industry’s Fledgling Recovery Drives Down Unemployment Rate
Led by gains in the leisure and hospitality industry, the U.S. gained 2.5 million jobs in May, an about-face that stunned economists and financial experts, many of whom predicted U.S. unemployment would reach 20% as the Covid-19 pandemic continues. Instead, the rate declined from a historic high for 14.7% in April to 13.3% last month….
Real-Time On A Real Issue: Industry Responses To The Murder Of George Floyd, Racial Injustice And Inequity
Full disclosure, I am white. I’m also a male. I’ve also lived what many would consider a privileged life. If you feel those attributes disqualify me from reporting on the protests and discussion
surrounding racial injustice that followed the murder of George Floyd on the streets by police officers on the streets of Minneapolis on May 25, I’m sorry. I feel compelled to do it anyway, because
it’s my job to cover when important things happen that could impact our readers.
surrounding racial injustice that followed the murder of George Floyd on the streets by police officers on the streets of Minneapolis on May 25, I’m sorry. I feel compelled to do it anyway, because
it’s my job to cover when important things happen that could impact our readers.
Thanks To Zoom, We Are All ‘The Brady Bunch’ Now
While participating in a Zoom meeting the other day, I pictured myself glancing side to side and up and down at my Zoom compatriots.
76% Of U.S. Households Have OTT Services, Vs. 62% With Traditional Pay TV
41% of those that had at least one fee trial OTT sub during the past 12 months, 69% took at least one paid subscription, reports Parks Associates.
This CBD Brand Is Trying a Novel Marketing Approach: Honesty
It’s probably no surprise that, since the pandemic started, online sales of CBD products have seen a significant uptick. CBD already passed the billion-dollar mark in 2018, but the onset of Covid-19 has led some brands to report web-based transactions surging by triple digits. A quick tutorial for the uninitiated: CBD is shorthand for cannabidiol,…
Roku and Kroger Partner on Data Play for CPG Advertisers
Roku has partnered with grocery giant Kroger to integrate data from the country’s largest supermarket chain into its newly launched shopper data program. The tie-up is geared toward CPG marketers, who can now use data from Kroger’s Precision Marketing arm for targeting and measurement purposes across Roku’s roughly 40 million households. Roku is bolstering its…
When Health Care Moves Online, Many Patients Are Left Behind
Amid the Covid-19 pandemic, more doctors are turning to telemedicine. That’s a problem for tens of millions on the wrong side of the digital divide.