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Frenemies Page 34


  Wu, Tim. The Attention Merchants: The Epic Scramble to Get Inside Our Heads. New York: Alfred A. Knopf, 2016.

  Wu, Tim. The Master Switch: The Rise and Fall of Information Empires. New York: Alfred A. Knopf, 2010.

  Wunderman, Lester. Being Direct: Making Advertising Pay. New York: Random House, 1996.

  Vaynerchuk, Gary. #AskGaryVee: One Entrepreneur’s Take on Leadership, Social Media & Self-Awareness. New York: HarperCollins, 2016.

  Veblen, Thorstein. The Theory of the Leisure Class. New York: Macmillan, 1899.

  ABCDEFGHIJKLMNOPQRSTUVWXYZ

  INDEX

  The page numbers in this index refer to the printed version of this book. The link provided will take you to the beginning of that print page. You may need to scroll forward from that location to find the corresponding reference on your e-reader.

  ABC, 3

  Abraham, Jordana, 220–22

  Accenture, 209, 212–13, 254

  Acxiom, 163

  Ad Age, 262–63

  Adams, Charles, 121

  ad blockers, 32, 47, 81, 171–75

  AdBlock Plus, 173–74

  Apple’s inclusion of, in Phones and iPads, 171–72

  Kassan on, 174, 176

  legality of, 174–75

  native ads as response to, 81–82, 175

  number of consumers using, study on, 173

  Samsung’s addition of, for Android phones, 172–73

  AdBlock Plus, 173–74

  ad campaigns, 41–42

  Bernbach’s philosophy on, 42

  Ogilvy’s philosophy on, 42

  Reeves’s philosophy on, 41

  addressable advertising, 160–61

  Adobe, 213–14

  Advertising, The Uneasy Persuasion (Schudson), 183–84

  Advertising Age, 127, 254

  advertising agencies

  advertisers, power wielded by, 42–43

  agency reviews, 13–15, 18–22, 44, 79–80

  ANA report (K2 transparency report) and, 239–45, 319

  changes in agency/client relationship, 16, 17, 20

  client concerns and, 9, 20–22, 31–35

  client mistrust of, 35–36, 48–49, 76, 144, 244, 245

  client’s moving work in-house and, 79–81, 219–20

  CMOs, erosion of power of, 43–44, 77–78

  compensation system (See compensation system)

  consulting companies as competitors, 208–13

  consumer choices brought about by new technologies and, 33–34, 45–47

  creative agencies, threats to, 205–6

  data and (See data)

  digital fraud and, 77–78

  gender equality and, 232–3

  holding company business model and, 10–11, 104–5

  influencer marketing and, 220–22

  Kassan on challenges facing, 48–50, 99–100

  kickbacks or rebates and (See kickbacks/rebates by advertising agencies)

  lack of new leadership at, 99–100

  Mandel’s allegations of kickback/rebate schemes, 7–11

  media agencies bought by, 143

  MediaLink’s intermediary role and, 12–14, 31, 39

  professionals leaving agencies, survey on, 235–36

  public relations firms as competitors, 80–81, 216–19

  publishers as disruptors, 206–8

  publishing platforms performing creative functions of, 81–82

  reaction of agencies to kickback allegations, 14–16

  salaries at, 236

  sexual harassment and, 230–34

  single agency model, 279–82

  tech companies as competitors, 213–16

  advertising and marketing, 1–5

  advertising fatigue, evidence of, 47

  agencies (See advertising agencies)

  clients (See advertising clients)

  consumer economy, role in, 4, 23–25

  criticisms of, 182–86

  disruption threat to, 30–31

  economic impact of, 3, 24

  existential threats to industry, 299–304

  flight of advertisers to new media, 3

  governmental regulation of, 168–69

  history of, 27–28

  inflection points for new waves of, 27–28

  number or persons employed in, 29

  scope of services meeting definition of, 28–29

  size of industry, 2, 10

  as subsidy for media and Internet, 10, 25

  technology and, 31–37, 45–47

  Trump election, implications of, 294–99

  advertising clients

  agency reviews, 13–15, 18–22, 44

  fears and concerns of, 9, 20–22, 31–35

  mistrust of advertising agencies, 35–36, 48–49, 76, 144, 244, 245

  moving work in-house, 79–81

  new technologies and digital platform choices and, 76–77

  power wielded by, 42–43

  procurement officers, use of, 43–44, 78

  advertising holding companies, 10–11, 104–5

  AI (artificial intelligence), 262, 266–69, 302–4

  Airbnb, 47

  Alexa, 33, 159, 262, 302–3

  Alibaba, 146

  Alvio, 287

  Amazon, 33, 95, 137

  Alexa, 33, 159, 262, 302–3

  data, refusal to share, 126

  data collection, 159

  Kindle, 46

  Prime, 313

  threat to advertising and marketing industry posed by, 262–63, 300

  American Association of Advertising Agencies (4A’s)

  ANA report denounced by, 242–43

  professionals leaving agency jobs, survey on, 235–36

  Transformation 2016 conference, 229–37

  transparency guidelines issued by, 229–30

  ANA. See Association of National Advertisers (ANA)

  Anderson, Dana, 70

  Andree, Tim, 71

  Anheuser-Busch, 44

  AOL, 137, 263

  Apple, 137

  ad blockers and, 171–72

  Apple Store, 304

  App Store, 313

  data collection by, 159

  “I’m a Mac” campaign, 85

  iPhone, 46

  privacy protections in Safari, 325–26

  Siri, 159, 262

  TV shows and movies, spending on, 322

  Ariel’s “Share the Load” campaign, 96–97, 185–86

  Armstrong, Tim, 34–35, 137, 263

  Arthur Andersen, 120–121

  artificial intelligence (AI), 262, 266–69, 302–4

  Art of the Deal, The (Trump), 186

  Ascential Holdings, 251, 252, 327

  Association of National Advertisers (ANA), 7–8, 17–18, 80

  report on industry rebates (K2 transparency report), 239–45, 319

  transparency guidelines and, 229–30

  2017 report, 319

  Atlas, 33, 111

  AT&T, 160

  single agency approach of, 279–82

  Time Warner acquisition of, 297, 299

  Attention Merchants, The (Wu), 24, 172, 311

  Audi, 185

  Australian, 326

  automobiles, 27–28

  Avis, 40

  AwesomenessTV, 180

  Axel Springer, 174–75

  Axios, 312

  Baer, Donald, 93, 218–219

  Baidu, 146

  Ballmer, Steve, 223

  Bank, David, 197

  Bank of America, 76, 79, 91–97

  data collected by, 159–60

>   empathy in marketing of, 95–96

  financial crisis of 2008 and, 92

  Fleet Financial takeover by, 91–92

  gaining trust of consumers and, 97

  June 2016 marketing meeting at, 92–96, 97

  one-to-one marketing and, 94–95

  videos explaining financial topics offered by, 96

  Bankoff, Jim, 199

  BBDO, 85, 86

  beacons, 157

  Beers, Charlotte, 13, 109, 115

  Benenson, Joel, 93–94

  Benton & Bowles, 142

  Berg, Peter, 305

  Bernays, Edward, 28, 218

  Bernbach, Bill, 39, 40, 42

  Bevel, 270

  Biondi, Frank, 61

  Boff, Linda, 83, 84, 85, 86, 266, 267, 282

  Bolloré, Yannick, 71, 101

  Boorstin, Daniel J., 186

  Bourkoff, Aryeh, 258–59, 317, 318, 326–27

  branded content, 175–76, 180–82

  Brandeis, Louis, 166

  Breakthrough (TV show), 84, 305

  Brin, Sergey, 130

  “Brought to you by” advertising approach, 305

  Brown, Tina, 3

  Buddy Media, 66–67

  Bud Light, 185

  Buffett, Warren, 104

  Bullmore, Jeremy, 107, 113, 293–94

  on commission system, 45

  on role of advertising, 29–30

  Busch, August, 44

  Bush, Jeb, 295

  Business Insider, 233

  BuzzFeed, 207

  Cable Act, 188

  cable companies, 188, 191–93

  Cambridge Analytica, 296

  Campari America, 220

  Campbell Soup Company, 212

  Cannes Lions Festival, 247–59, 336–39

  awards at, 251–53

  criticisms of, 256–57, 336–38

  economics of, 251–52

  Kassan/MediaLink at, 247–50, 258

  origins and growth of, 250–51

  Carat, 143

  Cardozo, Nate, 163–64

  Carter, Fiona, 281

  CBS, 3, 185, 187–98, 305–6, 320, 333–35

  cable revenues of, 188, 191–93

  digital competition and other perils facing, 191–98

  Moonves as CEO of, 189–91

  number of viewers, 2015–2017, 193–96, 200

  programmatic advertising and, 198

  ratings standing of, 187–88

  revenue sources of, 188

  streaming service of, 321–22

  targeted ads, inability to offer, 197–98

  2016 Upfronts and, 201, 202–3

  celebrity endorsements, 296

  Cerberus Capital, 113

  CES, 223–29

  buzz manufactured at, 228–29

  Facebook at, 227–28

  Kassan/MediaLink at, 223–27

  Chase Bank, 87, 89

  Chen, Julie, 190

  chief marketing officers (CMOs), 43–44, 77–78

  China, 32, 145–46, 326

  Chowdhuri, Arpita, 294

  Chupka, Karen, 224

  Citibank’s Citi Bike program, 310

  Clark, Wendy, 43, 70, 122–23, 232, 233, 275

  Clinton, Hillary, 295, 296, 312

  Coca-Cola, 184–85

  Cohen, Alan, 86

  Cole, Jeffrey, 313

  Colgate, 41, 184

  Comcast, 160

  compensation system

  end of 15% commission rate, 44

  fee system, 45

  Rothenberg on, 40

  traditional 15% commission system, 27, 39, 44, 45

  Compton advertising, 105–6

  computerized buying of advertising. See programmatic advertising

  Comstock, Beth, 35–36, 67, 71, 83, 177

  Condé Nast, 208

  consulting companies, as competitive threat to ad agencies, 208–13

  consumers, 171–86

  ad blockers and, 171–75

  historical dislike of advertising, 182–86

  millennials/Generation Z, advertising preferences of, 180–82

  mobile platform and, 178–80

  native ads and, 175–78

  consumption economy, 268–69

  Cook, Tim, 171, 172

  Cordiant Communications Group, 113

  Cortana, 302–3

  Cracknell, Andrew, 105

  Crane, Harry, 41

  Creation of the Media, The (Starr), 23–24

  Crush IT!: Why Now Is the Time to Cash In on Your Passion (Vaynerchuk), 88

  customized communications, 147–48

  Czeisler, Margaret, 180–82

  D’Arcy, Mark, 127

  data, 33–34, 147–49, 155–69

  addressable advertising and, 160–61

  computer analysis of, 46

  consumer empowerment and, 46–47

  customized communications and, 147–48

  digital frenemies collection and use of, 33

  Facebook/Google refusal to share, 123–24, 126, 134–35, 149

  facial expression databases, 161

  Foursquare and, 155–57

  GroupM and, 147–54

  IBM and, 209–12

  identity theft risks and, 163–64

  MediaLink’s agency review process and, 20–21

  opt in versus opt out, 154, 156, 157–58

  privacy issues and, 33, 153–54, 157–58, 160, 163–69

  programmatic advertising (See programmatic advertising)

  SocialCode and, 161–63

  sources of, 148–49

  Datalogix, 214–15

  data mining tools, 33

  Davis, Sammy, Jr., 42

  DDB Worldwide, 253

  Della Femina, Jerry, 40, 106, 143–44

  Deloitte, 209, 213, 254

  Dentsu, 10, 241

  agency reviews and, 22

  brand identity of, 100–101

  revenues of, 100

  Desmond, Laura, 15

  deterministic model, 95

  Deutsch, Donny, 305

  digital fraud, 77–78, 265–66

  direct consumer relationships, brand development of, 270–71

  Disney

  ESPN, 192–93

  streaming service of, 321–22

  21st Century Fox purchased by, 335

  Distil Networks digital fraud study, 77

  Doctor, Ken, 315

  Dogsled Enterprises, 8

  Dollar Shave Club, 285

  Donny (TV show), 305

  DoubleClick, 33, 110–11, 276

  Dove Hair, 80

  Droga, David, 330–31

  Droga5, 330–31

  Dunham, John, 213

  Dynamic Ads, 128

  Ebiquity, 18

  Economist, The, 325

  Edelman, 80–81, 216–18, 307–8

  Edelman, Richard, 80–81, 216–17, 218

  Eisenhower, Dwight, 41

  Electronic Frontier Foundation, 163

  El Pollo Loco, 56–58

  email, ads delivered by, 37

  emotions, and advertising, 183, 184–85, 186

  empathy, value of, 95–96

  Empire (TV series), 136, 305

  End of Advertising, The (Essex), 310

  Equifax, 164

  ESPN, 192–93

  Essex, Andrew, 310

  European Union

  Google investigation and fining, 326

  privacy legislation, 311

  Everson, Carolyn, 46, 70, 119–23, 127, 179, 272, 323–25, 335r />
  at CES 2016, 227–28

  childhood and education of, 120, 121

  Client Council meetings organized by, 132–36

  as consultant at Arthur Andersen, 120–121

  executive positions of, 121

  on gender equality, 233

  hired at Facebook, 121–22

  Kassan and, 119–20, 122–23

  on limitations of machines, 275–76

  mobile/mobile video ads and, 128–29, 179

  on targeted advertising, 132

  Everson, Douglas, 121, 122

  Facebook, 1, 33, 46, 95, 117, 123–37, 197, 215, 323–26, 324

  advertising revenues of, 23, 130

  Atlas, 33, 111

  at CES, 227–28

  Client Council meetings at, 132–36

  as competitor of ad agencies, 124–31

  criticisms of Facebook ads, 136

  data, refusal to share, 123–24, 126, 134–35, 149, 265

  data collection, 158–59

  as digital duopoly with Google, 124–25

  Dynamic Ads of, 128

  government reviews of privacy protections of, 326

  hires human reviewers to screen content, 277

  initial ambivalence to advertising of, 130

  Kassan’s view of, 124

  measurement mistakes made by, 271–73, 323, 324

  mistrust of, and continuing mistakes and problems in 2017, 323–25

  mobile/mobile video and, 128–29, 179

  opportunistic business model of, 129–30

  original program offerings, expansion of, 322

  Sorrell’s view of, 101, 117, 123–24, 127

  talent poaching by, 127

  targeted advertising and, 131–33

  threat to advertising and marketing industry posed by, 299–300

  Facebook Effect, The (Kirkpatrick), 130

  facial expression databases, 161

  Faida, Till, 173–74

  Falcone, Cristiana, 114–15, 329

  false or deceptive advertising, 168

  Farmer, Michael, 44

  Fearless Girl (statue), 309–10

  Federal Communications Commission (FCC), 169

  Federal Trade Commission (FTC), 168, 178, 326

  fee-based compensation system, 45

  15% commission system, 27, 39, 44, 45

  Financial Interest and Syndication Rules (Fin-Syn), 188

  Financial Times, 313

  Finucane, Anne, 76, 91–92, 97, 127–28, 129, 297

  Fishbein, Samantha, 220–22

  Fishman, Rob, 236, 307

  Fleet Financial, 91–92

  Foursquare, 155–57

  The Four: The Hidden DNA of Amazon, Apple, Facebook and Google (Galloway), 236

  Fox, 136, 305, 306

  Franken, Al, 156

  fraud, and digital advertising, 77–78, 265–66