What's Up Magazine June 2017 | Page 11

WHAT’S UP | JULY 2017 ISSUE KPMG Launches Media and Advertising Advisory Services How to drive transparency & improve media value measurement Mastering the economics of media investments Marketers are investing record amounts of time, effort and resources to enhance their brand communication programs and are striving to stand out in the crowded marketplace. In fact, consumer experience is expected to overtake price and product as the number one brand differentiator over the next five years. But how can marketers better determine the value of their investments, while still delivering winning campaigns?’ Make the most of your media spends At KPMG, we guide companies to deliver intended communication objectives. Our methodologies and connected approaches will help companies to derive insights. Our Media Value measurement Economics (MV M E) model will help advertisers to manage investments effectively and agencies to deliver results economically. Learning to succeed: Training on media basics Our expert practitioners will impart knowledge and expertise on the media landscape, industry spectrum, basics of media buying and the future of media. “ Today, companies spend money on media sub-optimally due to lack of understanding of complex media landscapes and/or absence of robust matrices & processes to capture efficiency, partly due to lack of transparency as well ” Recognize true potential: Process Optimization Assess communications, operations and work flow patterns between the advertiser and the media & creative agency. This is to optimize the activity/ responsibility chart and ‘who should do what and when’ matrix Manage by metrics: Spend Optimization Assessment of robustness of agency performance using appropriate matrices. Apply good learnings and avoid bad ones in future programs Commitments contracted: Agency Selection Agency selection using proven methodology, setting agency KPI’s, negotiating agency remuneration, agency incentive setting, drafting agency contract