Home Agencies Will GroupM Pull A McKinsey With New Consulting Practice? Not Exactly

Will GroupM Pull A McKinsey With New Consulting Practice? Not Exactly

SHARE:

ernie-simon-usethisWhen you think of big consulting firms operating at the intersection of technology and marketing, names like McKinsey and Deloitte come to mind. GroupM? Not so much.

But WPP Group’s media investment arm aims to change that with a new consulting unit led by Ernie Simon, previously the chief strategy officer at Omnicom’s OMD.

Unlike those management consultants, Simon said GroupM Consulting Services will focus entirely on the marketing function. It will work at both the brand and enterprise level to advise on marketing decision-making and resource needs in technology and other areas.

GCS has not yet staffed up. Simon, whose title is president, will use the coming weeks to identify priorities and plan headcount.

He spoke with AdExchanger yesterday.

When I think of big technology consultants, McKinsey, Accenture, and Deloitte come to mind. Are you competitive?

McKinsey does this as part of their larger consulting practice — where they talk about the overall way to organize change or logistics. We’re trying to keep this very tight to what we do in terms of marketing and advertising, and generating demand.

How do we help clients internally get better at what we all do for a living? It’s not just advising them in terms of how they should think about spending. But also, what kind of resources do we need on the agency side? What kind of resources do we need on the client side? There’s a symbiosis.

Will you be a “systems integrator”?

It’s a very broad and loosely defined term. It means different things in different companies. I think there are a lot of systems that we can integrate in terms of how companies’ marketing data is organized, collected, and redeployed for greater impact. That’s going to be a large part of what we do going forward.

How do you look at messaging, and how it applies to promotions and in-store? It’s taking it to the last mile with the consumer. It’s Systems with a capital “S” rather than a small “s.”

Subscribe

AdExchanger Daily

Get our editors’ roundup delivered to your inbox every weekday.

What’s the relevance to programmatic buying?

That whole area has been important for many years. A lot of companies and clients are catching up to it. It’s hard to overestimate how important it’s going to be as the world becomes more digital in the broadest sense of that term, in terms of getting ads that are served rather than trafficked. How do we think about who we serve, why we buy them? How are we going to, especially in a mobile world, connect at the right time, the right place, the right context?

What’s a use case for how GroupM Consulting Services might work with a client?

Instead of working at a brand manager level, we’d be talking more to a division president, CMO, or CEO. When you talk about that macro approach to marketing, you’re trying to understand not just how they work brand-to-brand, but what resources do they need internally to use it not just from a media perspective but from a sales perspective and a data perspective.

If you’re a Unilever you’re probably 50% of the way there. If you’re a traditional marketer you may be only 10% of the way there. How do we get them to see the possibilities of what we can do for them? A lot of them are looking at data in a traditional way – in terms of insights. Insights are important but we’re looking at more granular [uses of data].

We’ll help them understand what they need to build on their side and integrate across all these different systems.

Are there early clients you can name?

There aren’t at the moment. To be perfectly blunt we’re still building out what we want to do first. What can we offer in weeks, versus months, versus next year?

Tagged in:

Must Read

John Gentry, CEO, OpenX

‘I Am A Lucky And Thankful Man’: Remembering OpenX CEO John ‘JG’ Gentry

To those who knew him, John “JG” Gentry wasn’t just a CEO. He was a colleague who showed up with genuine care and curiosity.

Prebid Takes Over AdCP’s Code For Creating Sell-Side AI Agents

The group that turned header bidding software into an open standard is bringing the same approach to publisher-side AI agents.

Meta logo seen on smartphone and AI letters on the background. Concept for Meta Facebook Artificial Intelligence. Stafford, UK, May 2, 2023

Meta Bets That Its Ad Machine Can Fund Its AI Dreams

Meta is channeling its booming ad revenue into a $135 billion AI drive to power its “personal superintelligence” future.

Privacy! Commerce! Connected TV! Read all about it. Subscribe to AdExchanger Newsletters
Comic: Header Bidding Rapper (Wrapper!)

Microsoft To Stop Caching Prebid Video Files, Leaving Publishers With A Major Ad Serving Problem

Most publishers have no idea that a major part of their video ad delivery will stop working on April 30, shortly after Microsoft shuts down the Xandr DSP.

AdExchanger's Big Story podcast with journalistic insights on advertising, marketing and ad tech

Guess Its AdsGPT Now?

Ads were going to be a “last resort” for ChatGPT, OpenAI CEO Sam Altman promised two years ago. Now, they’re finally here. Omnicom Digital CEO Jonathan Nelson joins the AdExchanger editorial team to talk through what comes next.

Comic: Marketer Resolutions

Hershey’s Undergoes A Brand Update As It Rethinks Paid, Earned And Owned Media

This Wednesday marks the beginning of Hershey’s first major brand marketing campaign since 2018