Digital Marketing Researches & Reports

Mind the Gap: New Data Reveals Brand/Agency Partnership Changes & Challenges | Wpromote

Digital Marketing |

Under the Skin: uncovering the Secrets behind brand/agency Relationships

The relationship between a brand and its agency is crucial for business growth. The right agency can drive significant growth by enhancing impact, fostering creative transformation, building audience loyalty, and more.

However, several factors are changing this dynamic, including macroeconomic and market fluctuations, evolving needs and expectations, and new consumer behaviors and preferences. To explore how these relationships are evolving, Wpromote and Ascend2 surveyed over 500 brand and agency decision-makers to uncover what works and what doesn’t.

The findings are clear: strong brand/agency alignment significantly impacts business outcomes. A robust agency partnership is linked to numerous benefits for brands, such as stronger revenue growth, higher ROI, better brand performance, and more strategic marketing budget allocation.

Despite this, there are notable disconnects in many partnerships. While 76% of agencies express high confidence in their service delivery, only 39% of brands are very satisfied. In today’s fast-changing media and marketing landscape, alignment is crucial. So, how can we bridge the gap between what brands need and what agencies deliver?

This new research aims to answer that question, helping you choose the right agency partners, and evaluate and optimize your current relationships and ways of working.

Here’s to better partnerships!

Brand/Agency Partnership Changes & Challenges | DMC

CHRISTINE SCHRADER VP of Content and Communications Wpromote

Quick Hits & Notable Trends

Brand/Agency Partnership Changes & Challenges | DMC

How To Use This Report

Different brands have varying needs, so we’ve divided the data into three key segments to help you get the most out of our findings:

Enterprise Scale: Brands with over 500 employees, representing 55% of total survey respondents.

Growth Mode: Brands reporting significant revenue increases in the last year, making up 16% of total survey respondents.

Executive Perspective: Respondents who are owners, partners, or C-suite level executives, accounting for 41% of total survey respondents.

Additionally, we will highlight any significant differences between B2B and B2C brand responses to ensure you access the most relevant insights possible.

Unlock the full report to gain critical insights into brand/agency partnerships. Download now and discover how to enhance your collaboration strategies!

Related guide: State of the Data 2024: The Industry-Shaking First-Party Data Imperative | Wpromote

The Table of Contents of “Mind the Gap: New Data Reveals Brand/Agency Partnership Changes & Challenges” Report :

  • The Current State of Brand/Agency Partnerships
  • Top brand priorities
  • Modes of engagement
  • Partnership disconnects
  • How Agencies Deliver Value
  • Prioritizing creativity in a partner
  • Demonstrating business impact
  • Unlocking agility as a superpower
  • Accelerating innovation
  • Deploying data, technology, & AI
  • How Brands & Agencies Work Together
  • Collaboration challenges
  • Speed of delivery
  • Budget & scope flexibility
  • Communication & transparency
  • Evaluating Your Agency Partners
  • Methodology
  • About the Research Partners

Number of Pages:

  • 30 pages

Pricing: 

  • Free

Methodology

AGENCIES

238 professionals working for businesses that provide agency services to other businesses. These individuals represented companies with 50 or more employees in the US, and are in job roles of manager and above.

RANGE OF SERVICES

Specialized 45%

Full-service 55%

BRANDS

272 marketing decision-makers who use agency services in one or more areas of their business. These individuals represent companies with 50 or more employees in the US across all industries and are in the job roles of manager and above.

Mind the Gap: New Data Reveals Brand/Agency Partnership Changes & Challenges | Wpromote 1 | Digital Marketing Community

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