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150% more efficient Accelerates feedback and approval cycles 1 B2B Content Marketing: 2018 Benchmarks, Budgets, and Trends—North America, Content Marketing Institute and Marketing Profs 2 B2B Content Marketing: 2018 Benchmarks, Budgets, and Trends—North America, Content Marketing Institute and Marketing Profs 3 B2B Content Marketing: 2019 Benchmarks, Budgets, and Trends—North America, Content Marketing Institute and Marketing Profs 4 B2B Content Marketing: 2019 Benchmarks, Budgets, and Trends—North America, Content Marketing Institute and Marketing Profs 5 Hightail 2017 State of Creative Collaboration Survey 6 Hightail 2017 State of Creative Collaboration Survey 7 Association of National Advertisers Five Biggest Trends on the State of Ad Agencies 8 Hightail 2017 State of Creative Collaboration Survey 9 4A’s Labor Billing Rate Survey & Market Based Labor Guidance, 2017 Copyright © 2019 Open Text. All Rights Reserved. Trademarks owned by Open Text. For more information, visit: https://www.opentext.com/about/copyright-information (01/2019)11340EN The hidden costs of a broken creative process How much time and money do creative agencies spend on broken creative processes? Too much! Costs of inefficient creative collaboration Billable hours Project overages Production and campaign delays Lost revenue opportunities Lost morale The creative crunch: Needing more creative assets without having the resources to produce them. 63% www.hightail.com 78% 56% of companies rate the flow of their content creation projects as only “good” or “fair/poor” 1 attribute increased content marketing success to higher quality and more efficient content creation 2 increased spending on content creation 4 Hidden costs How much of your hourly rate was used on multiple rounds of revisions during your last creative campaign? Lost time Lost morale Lost money of creative managers feel that the review and feedback process takes longer than expected 5 83% 59% report that poor collaboration resulted in too many wasted hours 6 say money is wasted due to the time and resources spent addressing misunderstandings and miscommunication 8 30% is the annual employee turnover rate for ad agencies 7 62% Individual labor rates (USD) are based on mid mean rate for agencies with 100-400 employees 9 Account Executive - $104/hour Chief Creative Director - $479/hour Art Director - $135/hour Copywriter - $129/hour Creative Director - $283/hour Blended creative rate - $150/hour Opportunities lost Opportunities ahead Time and money that could be invested in more campaigns, additional creative testing, increased customization, higher quality output and generating more revenue Innovative businesses who adopt purpose-built tools for creative collaboration know the benefits: Saves thousands of dollars on production costs Streamlines creative reviews for more than 80 multimedia projects daily Break the bottleneck and free creativity Equip your team with a flexible, intuitive collaboration tool that streamlines creative reviews and eliminates the hidden costs of a broken process. Allow realtime comments from the whole team Show specific feedback directly on the creative file Handle large multimedia files with ease and security Track progress with version control and comment history Keep everyone informed on who’s doing what and by when Make approvals clear and unambiguous Be easy for everyone: teams, clients and stakeholders Are you ready to keep your ideas moving with OpenText Hightail? L e a r n m o r e > Your new creative process must: marketing tactics often in use, with an increase in audio/visual, images and digital content 3 12+

11340-Hightail Infographic-Final · 150% more efficient Accelerates feedback and approval cycles 1B2B Content Marketing: 2018 Benchmarks, Budgets, and Trends—North America, Content

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Page 1: 11340-Hightail Infographic-Final · 150% more efficient Accelerates feedback and approval cycles 1B2B Content Marketing: 2018 Benchmarks, Budgets, and Trends—North America, Content

150% more efficient

Accelerates feedback and approval cycles

1B2B Content Marketing: 2018 Benchmarks, Budgets, and Trends—North America, Content Marketing Institute and Marketing Profs 2B2B Content Marketing: 2018 Benchmarks, Budgets, and Trends—North America, Content Marketing Institute and Marketing Profs3B2B Content Marketing: 2019 Benchmarks, Budgets, and Trends—North America, Content Marketing Institute and Marketing Profs 4B2B Content Marketing: 2019 Benchmarks, Budgets, and Trends—North America, Content Marketing Institute and Marketing Profs

5Hightail 2017 State of Creative Collaboration Survey 6Hightail 2017 State of Creative Collaboration Survey7Association of National Advertisers Five Biggest Trends on the State of Ad Agencies

8Hightail 2017 State of Creative Collaboration Survey 94A’s Labor Billing Rate Survey & Market Based Labor Guidance, 2017

Copyright © 2019 Open Text. All Rights Reserved. Trademarks owned by Open Text. For more information, visit: https://www.opentext.com/about/copyright-information (01/2019)11340EN

The hidden costs of a broken creative process

How much time and money do creative agencies spend on broken creative processes?

Too much!

Costs of inefficient creative collaboration

Billable hours

Project overages

Productionand campaign

delaysLost revenue opportunities

Lostmorale

The creative crunch:Needing more creative assets without having the resources to produce them.

63%

www.hightail.com

78%

56%

of companies rate the flow of their content creation projects as only “good” or “fair/poor”1

attribute increased content marketing success to

higher quality and more efficient content creation2

increased spending on content creation4

Hidden costsHow much of your hourly rate was used on multiple rounds of revisions during your last creative campaign?

Lost time

Lost morale

Lost money

of creative managers feel that the review and feedback process takes longer than expected5 83%

59% report that poor collaboration resulted in too many wasted hours6

say money is wasted due to the time and resources spent addressing misunderstandings and miscommunication8

30% is the annual employee turnover rate for ad agencies7

62%

Individual labor rates (USD) are based on mid mean rate for agencies with 100-400 employees9

Account Executive - $104/hourChief Creative Director - $479/hour

Art Director - $135/hourCopywriter - $129/hour

Creative Director - $283/hourBlended creative rate - $150/hour

Opportunities lost

Opportunities ahead

Time and money that could be invested in more campaigns, additional creative testing, increased customization, higher quality output and generating more revenue

Innovative businesses who adopt purpose-built tools for creative collaboration know the benefits:

Saves thousands of dollars on

production costs

Streamlines creative reviews for more

than 80 multimedia projects daily

Break the bottleneck and free creativityEquip your team with a flexible, intuitive collaboration tool that streamlines creative reviews and eliminates the hidden costs of a broken process.

Allow realtime comments from the whole team

Show specific feedback directly on the creative file

Handle large multimedia files with ease and security

Track progress with version control and comment history

Keep everyone informed on who’s doing what and by when

Make approvals clear and unambiguous

Be easy for everyone: teams, clients and stakeholders

Are you ready to keep your ideas moving with OpenText Hightail?

Learn more >

Your new creative process must:

marketing tactics often in use, with an increase in audio/visual, images

and digital content3

12+