Major ad agencies considering massive layoffs
December 8, 2008
It’s really ugly people, Advertising has always and will always be the first thing to go when faced with an economic crisis, and we are currently faced with an economic crisis. Granted our parent company Yooter InterActive has been doing fairly well during this recession but our method of marketing (Search Engine Optimization and Social Media) is generally far lower cost / higher ROI than traditional, hence why our growth rate has been so high. This isn’t just a shill for us, virtually all SEO firms have been doing awesome during this crisis, a recession will convert even the most staunch traditional supporter when faced with dwindling advertising cash and the generally MUCH higher ROI for SEO / SMO advertising plans.
We have to say we told you so, this is the sole basis of the tribble agency launch back in June, 2006, we even predicted this Ogilvy disaster for Christmas as early as October
The problem however are these pesky SEO firms that seem to be growing faster than the ad agencies are, in fact many consider them the ad agencies of the future. This doesn’t matter for now as we can still make these expensive print media ads and still design sites in unspiderable ways for now. We figure we have at least 5 years left to rake in the cash.
But of course we were called idiots by the traditional types.
The only fault we have is that we mapped out a 5 year disaster for the Traditional Ad Agencies, in fact the collapse happened in only 2 years. So we were more conservative than what actually happened. Well all current Interpublic, Omnicom and WPP clients. Perhaps it’s time to rethink your advertising strategy, evidently theirs is reflected in their layoffs.
Advertising firms Interpublic Group, Omnicom Group Inc and WPP Group are weighing further job cuts as the advertising market deteriorates, the New York Post reported.



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