Category — News

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For most, January is a slow, painful month; riddled with the guilt of broken resolutions, post-Christmas budget restrictions, cold weather and the prospect of a holiday seeming a million miles away…

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Our CEO, Ollie, is currently out in Tokyo, visiting the marvellous Dentsu HQ. Yesterday he spoke at the seminar on the importance of Social Media within a marketing strategy, with fellow agencies of the network – 360i, IgnitionOne, mcgarrybowen, AdJug and firstborn.

By Peter Wood, The Wall, 27th January 2012

What is influence? It’s a massive question in the world of social media. Thousands of man hours are being pumped into companies who are trying to solve the problem in the hope that one day, you’ll be able to search a category and an application will spit out exactly the 5 top influencers you need to be communicating with to push your product.
I’m in the lucky position whereby I could be classed as an ‘influencer’ in a field (not social, sadly!), so I can quickly decipher which tools work and which don’t. I’ve tried blog ranking systems, I’ve had a go on Klout and I’ve used bespoke services. The commonality between all of them? [Read more →]

We are pleased to announce the expansion of its US operations with a new location in Santa Monica, CA. STEAK LA will be headed by Norman Brauns, a long-time employee of STEAK and a well-respected industry veteran. Brauns will continue to report into Mark Schwartz, STEAK’s US Managing Director.

Schwartz says, “As STEAK’s footprint grows worldwide, it has become apparent that the West Coast represents the largest opportunity for continued business expansion. Having a client-facing organisation in the Los Angeles area will allow us to offer our customers more flexibility and provides us with a direct sales channel in an incredibly strategic growth market.”

By Peter Wood, The Wall, 23 November, 2011

I think everyone is being a bit mean to Google. Yeah, that’s right. I think the community of social media / digital analysts have been very rash in their assessment of Google+ and its social offering.

Google+ is the new kid in the playground and everyone knows they’ve got exceedingly rich parents; this is a back-foot start straight from the off. No one wants to focus on the functionality, no one wants to talk about where it fits and no one wants to let it find its feet. [Read more →]

By Peter Wood, posted on The Wall 14 November, 2011

Blogger outreach is an interesting concept that in theory should work but often doesn’t. The idea is that brands approach bloggers and ask them to write about their products, services or initiatives. In an ideal world, this should be un-incentivised. The reality might be different, but the idea is that the opinion of a blogger, a web promoted authority on a subject, will be worth more than the opinion of a journalist or a glitzy write up on the company website.

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By Duncan Parry, Search Engine Watch,  September 14, 2011

I’ve been lucky enough to work at entrepreneurial companies, including forming an agency 6 years ago and selling it earlier this year. Occasionally I’m asked my advice for anybody starting their own business, so here are a few pearls of (what I hope is) wisdom.

Find a Mentor

If there’s one thing I could go back in time and tell myself in 2005, it’s that I should find a business mentor. You’ll have plenty of people around you who can give you advice as your business grows, but you’ll need someone outside of your colleagues and board for advice and to sound off to about your frustrations and concerns. Someone who has plenty of business experience and has seen it all before – half wise aunt or uncle, half teacher.

Manage Change

Digital is one of the fastest-changing industries in the world. We all know this, but having a deliberate strategy in place to cope with that fact is something I suspect many of us lack. Knowing how you’re going to detect the latest industry developments, understand their impact, and act accordingly is vital. You need to dedicate talented people, with time to think.

Be Flexible

You need to be flexible to adapt with the change that will be your constant companion – and not to fall into the trap of becoming an obstacle. It’s easy to get stuck in your ways when you’re constantly busy, under pressure, and stressed – but you’ll always have a competitor who is flexible.

Be Prepared to Fail

We all fail. We might not like to admit it and certainly don’t shout about it, but we all fail. Be prepared to – it’s part of learning. The trick is being able to fail fast, stand-up, dust yourself off, and try again. Most successful business leaders have failed before they succeeded.

Learn About Stress

Stress is the hidden enemy. The fast moving nature of digital means we’re often rushing from one meeting or project to the other, being interrupted by text messages, emails, social media, and people wandering over to our desks to ask a question.

All of these things add to our stress levels – and reduce our attention spans and ability to do our best work. So learning to spot when you’re becoming stressed and when to take a step back is important to maximize your own efficiency. Whether it’s listening to classical music, taking a walk around the block, or reading a magazine, learn how to clam yourself down and keep your focus when the pressure is biting.

Take Care of Yourself

Another deadline. Another late night. Another takeaway when you get home late.

It’s easy to fall into bad habits when you’re working every hour you can. But if you don’t take care of yourself, you’ll burn out or lose your passion – and make bad decisions on the way. Make sure you have downtime and exercise time.

Optimize You

Like a campaign, you can be improved – through a mentor, training, or a business coach. There are always things we can improve on – take time to understand what you can be better at, and addresses those weaknesses. The ROI might not be immediately obvious, but you’ll look back one day and be glad you invested in yourself.

Acquisition Bolsters Dentsu Network’s Offerings & Roster of Award-Winning Digital Marketing Firms

LONDON, June 2, 2011- Dentsu, the world’s #1 consolidated agency network and the world’s 5th largest marketing communications holding company*, announced today that it has acquired 100% of the share capital of Steak Group. Steak will operate under the supervision of Dentsu Network West, reporting to its London office.

Steak is a digital media company, with offices in London, New York and Melbourne. Its reputation for consumer engagement and delivering measurable results is reflected in its diverse client roster, which includes such innovative brands as Virgin Holidays, AXA, Swiftcover, Debenhams and Comparethemarket.com.

Steak currently has 94 employees and is led by Oliver Bishop, Co-founder and CEO, and Duncan Parry, Co-founder and Head of Paid Search. Seb Bishop is non-executive Chairman.

Steak was Interactive Media Awards Agency of the Year after only three years trading in 2008, and has since maintained top fifteen status in Marketing and New Media Age league tables for digital search agencies in the UK.

Jim Kelly, CEO of Dentsu Europe said, “I have followed Steak’s progress since it started in 2005, and admire enormously what Ollie and his partners have achieved. Digital media is a cornerstone of Dentsu Network West’s growth strategy. This acquisition is a great step in offering class leading digital solutions to our clients in Europe”.

Ollie Bishop said, “I’m excited about being part of Dentsu. They take digital seriously and want to be a leader in online marketing- and that’s exactly our ethos at Steak. It’s a perfect fit – we’ll continue to grow as Steak and as a major part of Dentsu in Europe. Everyone past and present at Steak Group’s companies in London, New York and Melbourne should be proud of what we’ve achieved in a short space of time – and look forward to an exciting future”.

The partnership enables Steak to both work with Dentsu’s European offices, and to offer to its clients Dentsu’s media expertise throughout Asia. Steak is currently exploring opportunities for its clients in South East Asia.

The acquisition also doubles Dentsu’s size in the UK (alongside Dentsu London and Dentsu Sports), and follows on Dentsu’s acquisition in January of the Düsseldorf based digital creative agency, Social Thinkers, further substantiating Dentsu’s commitment to digital growth and success in Europe. Jim Kelly will join the Steak board of directors along with Tim Andree, CEO of Dentsu Network West, and Executive Officer, Dentsu Inc. Seb Bishop will remain as non-executive Chairman.

Steak’s operations will continue to be run from its headquarters in Shorts Gardens, Covent Garden, London.

As part of the transaction, Beringea the private equity investor, which invested in Steak in 2007 will fully exit the business and Trevor Hope, Beringea’s Chief Investment officer will step down from Steak’s Board.

Dentsu was advised by Clarity Capital Partners and Steak by Green Square Partners.

About Dentsu Network West

Dentsu Network West is a dynamic, collaborative collective of Dentsu-owned companies in North America, Latin America, Europe and Australia, comprising 35 offices in 11 countries. Its operating companies include Dentsu-branded agencies as well as the industry’s most lauded names, such as ATTIK, 360i (on Advertising Age’s 2010 A-List), mcgarrybowen (Ad Age’s 2010 A-List, as well as their 2009 Agency of the Year), and Firstborn (on Advertising Age’s 2009 A-List). Dentsu Network West’s mission is to connect all of the future-obsessed, client-centric, entrepreneurial talent of the Network in service of its clients’ businesses. Dentsu Network West is headquartered in New York, with regional hubs in London and São Paulo.

About Steak Group

Steak Group comprises digital marketing services companies Steak UK, Steak US, Steak Australia and Minute Steak. Steak specialises in paid and natural search marketing (SEM and SEO), social media marketing, affiliate management, display advertising and digital design. Steak’s clients include Virgin Holidays, Debenhams, Swiftcover and Dixons Retail in the UK; Trump Hotels, Maxim and UStoreit in the US; and Betfair, Best Western and Thrifty in Australia. Minute Steak provides cost-effective search and social media services to smaller budget advertisers including fashion brands, online retailers and business service providers. Steak is a previous winner of the coveted Media Agency of the Year award at the Interactive Marketing and Advertising Awards, and has offices in London, New York and Melbourne.

Thursday’s revelation about Facebook was staggering not only in its audacity but also because it proved that the kings of social actually don’t have much savvy when it comes to the basics of the medium.
Facebook employed a top PR agency Burson-Marsteller to plant malicious stories about Google and their ‘social search’ in the online press. They approached blogger Chris Soghoian with a view to ghost writing a story about privacy concerns regarding Google, he played along with the PR giant long enough to acquire enough e-mail evidence to conclude Facebook was behind the request. He then did what any right minded blogger would do, he went public…

It seems strange to me that a company who have a business model so deeply entrenched in genuine consumer opinion would opt to bribe bloggers with content inducements to disseminate bad press about a company that is hardly the poster child of good press.

Facebook fundamentally misunderstood the key driving factors behind being an esteemed blogger. It’s not about the money; it’s about the prestige of being a thought leader in whichever area their passion lies. Show me a blogger concerned about money first and foremost and I’ll show you a bad blogger.

Many businesses struggle with outreach because of this very reason. They’re still living in the days of media buying, a time when commodity purchasing was essential to the survival of publications. Times have changed, most bloggers write for to love of the medium, buying opinion is insulting and infuriating and the fact that a giant of the social media world made this mistake is incredibly ironic.

Our approach to bloggers is a simple one, be social, listen and never assume.

If there was a dislike button on this whole affair, I’d be clicking it…

Peter Wood, Social Media Account Manager