Four high flyÂing execÂuÂtives from top online adverÂtisÂing agenÂcies have launched a new iniÂtiaÂtive which promisÂes big improveÂments to the often fraught relaÂtionÂships between ad agenÂcies and tech startups.
The TechÂnolÂoÂgy, AdverÂtisÂing and StartÂup CounÂcil or TASC is the brainÂchild of three New York-based digÂiÂtal ad execÂuÂtives plus anothÂer based in San FranÂcisÂco. At its core is the misÂsion to improve comÂmuÂniÂcaÂtion between ad agenÂcies and tech starÂtups and align busiÂness objecÂtives more clearÂly. As such, it looks set to ease the burÂden of the jobÂbing art direcÂtor and valiant copyÂwriter as they strugÂgle to creÂate bespoke campaigns.
While it’s clear that the ad agency/tech startÂup conÂnecÂtion is often a fruitÂful one (just think of sucÂcessÂful starÂtups like FreeÂdomÂPop, SoundÂHound or Layar, all of which fused techÂnoÂlogÂiÂcal genius with ad agency panache), it’s no secret that relaÂtions between the two aren’t always so good. Even so, there’s no disÂputÂing the fact that ad agenÂcies genÂuineÂly want their tech startÂup clients to flourÂish. The techÂnoloÂgies can, in turn, genÂerÂate valÂue for conÂsumers and marÂketers alike, makÂing good feedÂback between ad firms and tech firms inesÂtimably precious.
The execÂuÂtive founders – David Berkowitz (VP of EmergÂing Media at 360i), David HerÂman (founder and MD of kbs+p VenÂtures), Ian Schafer (CEO of Deep Focus) and Mark SilÂva (VP of EmergÂing PlatÂforms at Anthem WorldÂwide) — launched TASC’s first meetÂing last month. The meetÂings are not about deals, and parÂticÂiÂpants are told as much before attendÂing. Instead, they bring togethÂer starÂtups, ad agenÂcies and venÂture capÂiÂtalÂists to give and receive key advice on prodÂuct pricÂing, camÂpaign strucÂture and comÂmerÂcial potential.
The earÂly verÂdict is that starÂtups valÂue the serÂvice conÂsidÂerÂably, with comÂments to TASC conÂfirmÂing that they rarely get feedÂback as comÂpreÂhenÂsive and detailed as they had at the meetings.
TASC founders have been around long enough to know that the chief reaÂson for the coolÂness between ad agenÂcies and tech starÂtups is a lack of underÂstandÂing. Berkowitz believes that ad agenÂcies tend to pounce on marÂketÂing the prodÂucts, whereÂas the starÂtups often want help in transÂformÂing their market.
The new CounÂcil has big ambiÂtions. It’s set its sights on that hub of startÂup innoÂvaÂtion, SilÂiÂcon ValÂley, where it plans to take its events in the not too disÂtant future.