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. https://digiday.com/marketing/advertisers-care-cost-transparency-agencies/
blog article
WHEN IT COMES TO AGENCIES, BRANDS CARE MORE ABOUT COST THAN TRANSPARENCY
Price, not transparency or partnerships, remains the priority for clients when it comes to their agencies.
Last year, agencies pitching for the $1.7 billion global ad account for GlaxoSmithKline were asked to make upfront guarantees on the cost of media, despite it being widely acknowledged that those guarantees can’t be made for digital media, according to an executive who was on one of the pitch teams. Most, of course, complied.
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