Tribble Ad Agency : The Advertising Agency of Record: Advertising Recession – More Ad Agencies reporting slowdown

IN the past 3 months some advertising agencies have been reporting a decrease in spends, and client wins are becoming smaller (on average).

It appears that based on these reports alone many are bracing for a double dip recession.

“Billables though the same client are down at least 25%” one agency executive stated.

Another agency in a differing part of the country stated “I don’t understand why many of our clients are opting for the smaller spends rather than the bigger campaigns, they all have a sense of fear that things are going to get worse, not better”

Generally speaking when business sediment is that things are going to get worse, the businesses spend less on advertising. It appears that the reports we are seeing, ad agencies are seeing smaller client spends in the first and second quarter of 2010.

This is going to get ugly people...Tribble Ad Agency : The Advertising Agency of Record

Tribble Ad Agency : The Advertising Agency of Record: Comical parodies of madness in Arizona spring up

Clearly people are viewing this as a complete mess. There are people rioting in the streets, protests that are expected to reach millions regarding the immigration issue.
read more here: Tribble Ad Agency : The Advertising Agency of Record by TheFounder

Tribble Ad Agency : The Advertising Agency of Record : Random Post / Rant about Advertising Agency BS

Clearly something is wrong with our industry. Since WPP group plc moved shop to Ireland to save on Taxes (even though Sir Martin was given knighthood) it makes it an interesting read to say the least.

Queen : Here’s your knight hood
Sir Martin : Cool, we’re moving to Ireland to get away from you.

Uhh… So WPP issued their thanks to the queen, by moving out. It’s completely amazing to see the disconnect between what was “supposed to happen” and what actually did.

Evidently the advertising agency has saved about $100 million USD in the move, causing all sorts of discussion on why Sir Martin was given the knighthood when he turned around and screwed the crown.

Enjoy the new reality.
Tribble Ad Agency