Today I found some interesting tips how important good strategic thinking might be. Of course, the benefits of an excellent strategic mind and / or strategy knowledge are unquestioned. However, according to a recent study, strategic knowledge has become number one criteria for advertising agencies to be invited and number two criteria to be chosen.
Here are the top 5 criteria for inviting an advertising agency:
- Strategic brand thinking
- Good market experience
- Integrated communication from one source
- Creative campaigns
- Former successful co-operation
Opposite to this, the criteria for selection of an agency are slightly different
- Creative campaigns
- Strategic brand thinking
- Impression / Feeling, that the chemistry is right
- Good understanding of the market
- Convincing team
Hence I would like to argue, that strategic brand thinking and a good understanding of the market are the major criteria. How about your agency?