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Big Performance Gaps Persist in Marketers' Digital Skills DevelopmentLONDON, March 21, 2017 (GLOBE NEWSWIRE) -- Despite fast-rising digital-marketing budgets, consumer companies continue to lag in the development of essential digital-marketing skills, particularly in high-impact channels and capabilities, such as mobile, video, and testing. In fact, they have shown no overall improvement in the last 18 months, according to a new survey by The Boston Consulting Group (BCG), which found that advertisers rated themselves at an average score of 57 on the firm’s Digital Capabilities Index (DCI), a 100-point scale (with 100 indicating best practice)—exactly the same score as they gave themselves in late 2015. In the current survey, two-thirds of companies scored 60 or lower. The results were consistent across all 41 countries surveyed. The survey found that advertising agencies put themselves in better—if not great—shape, with an average score of 68. About two-thirds of agency respondents ranked their organization’s digital skills at 65 or higher, still far from a best-practice 100. The research results were released today in a new report, A Disconnect and a Divide in Digital-Marketing Talent, which was commissioned by the Google Digital Academy. The noticeable weaknesses among both advertisers and agencies in the mobile and video channels, among other areas, call out for attention. The differences between advertisers and agencies were considerably wider in these areas than in the overall scores. For example, in mobile advertising, agencies scored 62 while advertisers scored 45. In digital targeting, agencies scored 67, advertisers 53. “Given the pace of technological change and the growing influence of digital technologies throughout the marketing function, we expected advertisers to show material improvement in our current survey—the kind that would indicate that they are moving in the right direction, if still getting up to speed,” said Dominic Field, a BCG partner and report coauthor. “Instead, we found more inertia than action, as well as low scores in some surprising areas.” Field pointed to the scores that both advertisers and agencies gave themselves on testing (50 and 59, respectively). “Testing, learning, and optimizing an approach in campaign development are among the most powerful capabilities enabled by digital technologies. The ability to see what is working and what is not, and to experiment almost in real time with adjustments and improvements, is essential to using digital channels effectively.” He said that this is especially true in fast-growing channels that are also evolving at a rapid pace, such as mobile web and apps, in which both advertisers and agencies—perhaps not surprisingly—also score poorly (51 and 60, respectively). The report points to several reasons why advertisers, in particular, have shown no improvement:
BCG surveyed some 2,200 marketers (including digital specialists, brand managers, customer marketers, and public-relations practitioners) at 141 advertisers in 41 countries on their organizations’ digital-marketing capabilities and learning and development efforts in order to understand how they rate their marketing organizations against digital-marketing best practices. Participating companies were from the retail, consumer products, financial services, and technology, media, and telecommunications industries, as well as from public-sector, education, and not-for-profit organizations. The research also included 2,900 employees at 126 advertising agencies in 28 countries. A copy of the report can be downloaded at www.bcgperspectives.com. To arrange an interview with one of the authors, please contact Eric Gregoire at +1 617 850 3783 or [email protected]. About The Boston Consulting Group About bcgperspectives.com The Boston Consulting Group Eric Gregoire Global Media Relations Manager Tel +1 617 850 3783 Fax +1 617 850 3701 [email protected] |