Awards debate

The award shows must go on. Award shows help agencies with their raison d’être
After MARKETING magazine’s recent report on agency rankings based on selected award shows in 2017, we followed up with a small survey asking about 20 heads of agencies, creative, media and digital (in equal numbers), about their plans for the award show in 2018…

We asked them three questions:
1. Are you investing more than last year in award shows?
2. Will you spend more than RM100k on award shows this year?
3. What are the top three award shows you will be focusing on?
Regardless, the award show business remains an enterprise worth millions. For local shows, here are the favorites:
1. Effie Malaysia
2. Kancil
3. Malaysian Media Awards
4. APPIES Malaysia
These foreign shows are agency favourites:
1. AdFest
2. Cannes Lions
3. Dragons (PMAA)
4. Spikes
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After 20 years of evolving technology, shifting market trends, and adapting to changing consumer behaviour, the media landscape has nearly reached saturation.

We’ve optimised to the fullest, providing advertisers with abundant choices across technology, platforms, data-driven marketing, CTV, OTTDOOHinfluencer marketing, retail, etc.

Media specialists have diversified, but with more options comes the challenge of maintaining income growth. The industry is expanding, but revenue isn’t keeping pace.

Now, we’re at a TURNING POINT: time to explore and harness new sustainable revenue streams. While GroupM forecasts a 7.8% global ad revenue growth in 2024, challenges like antitrust regulation, AI and copyright issues, and platform bans persist.  

Collaboration is keypartnerships that thrive on synergy, shared values, and aligned goals are becoming increasingly essential.

Hence, the Malaysian Media Conference, in its 20th year, has assembled the partners and players under one roof on October 25 for a day of learning, sharing, and exploring.

 

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