Why Independent Creative Agencies Are More Agile and Experimenting Early with AI Tools

Why Independent Creative Agencies Are More Agile and Experimenting Early with AI Tools

Fresh back in Australia after several weeks in the US during election trauma I was thrilled for the opportunity from @Studio Space to have an insider view on how Gen AI is driving impactful value creation in the world of marketing and agencies. It was an insightful opportunity to realise how AI is empowering early adopters to uplift “indie” agencies and strengthen their niche creative superpowers. I learned that Independent creative agencies are at the forefront of embracing generative AI tools, thanks to their agile nature and willingness to experiment. Here are some of my takeaways that illustrate that in the fast-paced rate of acceleration with AI those organisations moving fast and embracing change are racing ahead of the complex large organisations in their industries. ?Not only are these independents pushing their team to experiment and share learnings, but they are driving a shift towards value-based pricing:

Lean Structures and Quick Decision-Making

Independent agencies typically have flatter organizational structures and fewer layers of management. This lean setup enables them to make decisions quickly and pivot strategies as needed. Larger advertising groups, with their complex hierarchies, often struggle to match this speed.

Culture of Innovation

Independent agencies foster a culture that encourages experimentation and innovation. They are more open to testing new AI tools and technologies, even if it means taking calculated risks. This mindset allows them to stay ahead of the curve and offer innovative solutions to their clients. They are finding monumental value in tools like Juno Research AI as a powerful accelerator due to its ability to provide fast, actionable insights through AI-led user interviews. This allows for rapid adjustments and optimizations in marketing strategies based on real-time feedback.

Early Adoption of AI Tools

Being smaller and more flexible, independent agencies can adopt AI tools early and integrate them into their workflows more seamlessly. They can pilot innovative technologies without the extensive approval processes and red tape that larger groups often face. Speakers on the panel highlighted that they are seeing new bottlenecks surface in different departments such as legal when the creative teams are relieved of mundane tasks. The Senior leaders are encouraging and pushing for experimentation with AI tools, while ensuring governance. They know employees will bring in the tools and have put guardrails in place to ensure governance. They are encouraging their teams to be transparent with clients where AI is being used in projects. They are often encountering grant proposals where disclosure of AI used in the preparation is required.

The panelists each shared their own experimentation with AI in personal productivity, from learning with NotebookLM to the brilliance of ChatGPT in preparing and practicing a 15-minute presentation from a 300-research paper.

Value Creation in the Shift to Value-Based Pricing

Independent agencies are also leading the way in moving from traditional rate cards to value-based pricing models. AI tools provide them with the data and insights needed to demonstrate the tangible value they bring to clients. By focusing on outcomes rather than hours worked, these agencies can charge premiums for their expertise and the results they deliver.

Client-Centric Approach

Independent agencies often have closer relationships with their clients, allowing them to understand their needs and goals more intimately. This client-centric approach, combined with AI-driven insights, enables them to create highly tailored and effective campaigns. The success of these campaigns further justifies the shift to value-based pricing. I love that these agencies are encouraging continuous feedback to move the AI needle! That they are setting benchmarks and telling stories!

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The Opportunity

Although these numbers are US based it provides a powerful illustration of where the experimentation in generative AI use case is happening today, unleashing early projects with measurable impact. As larger agencies are slower to consider the horizontal and domain specific use cases their clients are experimenting in house. Independent agencies have cleverly identified their niche and are harnessing the power of automation to enrich their offerings.

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Continuous Improvement

AI tools provide real-time performance data and analytics, allowing independent agencies to continuously refine and improve their strategies. This iterative approach ensures that clients see ongoing value, reinforcing the rationale for value-based pricing.

The importance of Domain Specific Discussions and Sharing

I walked away with a view that domain specific forums, sharing authentic insights is the humanising element that truly drives AI adoption. In this case it was fascinating to understand how Independent creative agencies are learning and sharing how to be more agile and quickly experiment with AI tools. Due to their lean structures, innovative cultures, and client-centric approaches they have a strategic advantage. This agility not only helps them stay ahead of the competition but also enables a shift towards value-based pricing. By focusing on results and demonstrating ROI, these agencies are changing how they provide and charge for their services. This will make their services better for their clients. The AI leaders in agency world are evolving new business models such as Springboards.ai, with AI at the core.

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#AIdisruption #creativeindustry #agencylife #datadrivencreativity #generativeAI #contentarchitect #creativedatalead #brandinginnovation #marketingtransformation

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Isabel Boniface

ANZ Customer Success Unit Manager

3 个月

Agencies of all sizes have the opportunity and innate ability to not be hampered by imagination. What they create, and help their customers to reframe, will lead this wave of innovation.

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Vanessa Bell

Founder + Creative Director VANESSA BELL | Sustainability Advocate | Champion Australian Merino Wool | Podcast Host ??? Fashion to Farmer | FINALIST Women Changing The World 6 categories ??

3 个月

Amazing insights Marcella Larsen ?? agree with Simone Clow , adopt early or get left behind. AI is freeing up leaders to reconnect with their creativity and drive more innovation for clients and their own businesses. The focus on accessible forums and sharing authentic insights is key to unlocking AI adoption. Looking forward to learning more ??

Alison Shamir

Imposter Syndrome Expert | International Speaker I Author -Conquer Your Imposter? I Conquer Your Imposter? Keynote Talks & Masterclasses

3 个月

Brilliant insights Marcella Larsen and so much I can takeaway, relate to and utilise in my business with AI a big focus for me to streamline scale as well as arm my new team. Thank you ????

Kimberly Yurisich

Data-driven and customer-obsessed Executive leader | Ex-Amazon, Ex-McKinsey, ex-Citibank

3 个月

Great insights, Marcy! I think we’re seeing this in other industries too where the smaller more agile players are early adopters of AI while larger incumbents are slower to embrace the technology (often due to their governance and decision making structures). I love seeing the emphasis on value-based pricing as it ensures that agencies align their efforts with delivering meaningful outcomes for clients, rather than just focusing on output - something that can builds stronger, more impactful relationships and partnerships. For so long this industry has been dominated by “rate cards” so it’s refreshing to see the shift towards value based pricing.

Louise Roberts

Editor & columnist | TV commentator | Commercial revenue expert | Strategic thinker with a passion for driving complex projects | Excellent stakeholder management & problem-solving skills

3 个月

Excellent insights here Marcella Larsen on how Gen AI can supercharge small businesses here. You lay out the argument and benefits very clearly. It is the most critical tool because it is ALL about being client-centric. Love this audience first approach. And to spend time in LA with you & our crew recently exploring AI was such a treat ????

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