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{"id":57935,"date":"2018-12-24T06:00:18","date_gmt":"2018-12-24T11:00:18","guid":{"rendered":"https:\/\/www.beet.tv\/?p=57935"},"modified":"2018-12-24T06:00:18","modified_gmt":"2018-12-24T11:00:18","slug":"ethan-heftman","status":"publish","type":"post","link":"https:\/\/dev.beet.tv\/2018\/12\/ethan-heftman.html","title":{"rendered":"The Tension Between Cost Efficiency, ‘Proper Business Rationale’: A+E’s Heftman"},"content":{"rendered":"

SAN JUAN, Puerto Rico\u2014As traditional television networks weigh the benefits of completely upending their business models, they also find themselves as middlemen of sorts between advertisers and agencies. This is the view of Ethan Heftman, VP, Precision\/Performance, A+E Networks, who notes \u201ca bit of a bifurcation, a division between what brands want and what the agencies need to deliver.\u201d<\/p>\n

In this interview at the recent Beet Retreat 2018<\/a>, Heftman elaborates on networks\u2019 mediator-like role in trying to please both advertisers and agencies in an increasing complex, consumer-led TV universe.<\/p>\n

Brands are talking about business results like topline growth, better metrics and greater ROI. \u201cWhen we talk to agencies, obviously agencies are intimately involved in that but ultimately agencies are also judged on a cost efficiency basis,\u201d Heftman says. \u201cAnd so that necessarily creates a bit of friction in the conversations that we have between brands, agencies and ourselves.\u201d<\/p>\n

Increasingly, the seller\u2019s role \u201cis being a bit in the middle of that,\u201d he adds. \u201cMaking sure that we are delivering the cost efficiency and proper business rationale to our agency business partners, while working with brands to try and convince them that television in particular is a driver of their business. We never really had to do that historically. The agencies took care of that for us.\u201d<\/p>\n

He isn\u2019t suggesting that some agencies don\u2019t tell that story to their clients. But given the roadblocks that exist to connecting television to business outcomes, \u201cit\u2019s not necessarily the best decision to let somebody else do that for us. We have to take some of the lead on that ourselves.\u201d<\/p>\n

Heftman<\/a> sees more marketers than agencies leading the way on innovating new forms of ad products, one reason being it\u2019s not a skill set that one necessarily finds within agencies. \u201cSometimes it is faster to go straight to the client and work with them on something that works for their business.\u201d This is particularly true for newer, direct-to-consumer brands that might not have a legacy relationship with an agency. \u201cThey simply have different expectations from television, and part of working with them is that it has gotten us up to speed in talking more about outcomes and different types of creative and different types of executions that are going to get use there.\u201d<\/p>\n

He\u2019d like to see two things going forward. First, realistic acknowledgement that big changes aren\u2019t going to happen overnight, and second an understanding that TV serves certain purposes that can be \u201ca little bit dual\u201d in nature. \u201cI would like to see clients and agencies spend more time thinking about their funnels and really being honest about the places where TV fits into the funnel and things that it has to do to succeed there,\u201d Heftman says.<\/p>\n

\u201cI think the sooner we get to a place where we are honest about what each different format can do, that\u2019s going to get us closer to where we\u2019re headed.\u201d<\/p>\n

This video was produced in San Juan, Puerto Rico at the Beet.TV executive retreat. Please find more videos from the series on this page<\/a>. The Beet Retreat was presented by NCC along with Amobee, Dish Media, Oath and Google.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

SAN JUAN, Puerto Rico\u2014As traditional television networks weigh the benefits of completely upending their business models, they also find themselves as middlemen of sorts between advertisers and agencies. This is the view of Ethan Heftman, VP, Precision\/Performance, A+E Networks, who notes \u201ca bit of a bifurcation, a division between what brands want and what the […]<\/p>\n","protected":false},"author":17,"featured_media":57937,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"mc4wp_mailchimp_campaign":[]},"categories":[7653],"tags":[3803,5572,6637,7448,7574,7692,7693,7746],"_links":{"self":[{"href":"https:\/\/dev.beet.tv\/wp-json\/wp\/v2\/posts\/57935"}],"collection":[{"href":"https:\/\/dev.beet.tv\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dev.beet.tv\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dev.beet.tv\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/dev.beet.tv\/wp-json\/wp\/v2\/comments?post=57935"}],"version-history":[{"count":0,"href":"https:\/\/dev.beet.tv\/wp-json\/wp\/v2\/posts\/57935\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dev.beet.tv\/wp-json\/wp\/v2\/media\/57937"}],"wp:attachment":[{"href":"https:\/\/dev.beet.tv\/wp-json\/wp\/v2\/media?parent=57935"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dev.beet.tv\/wp-json\/wp\/v2\/categories?post=57935"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dev.beet.tv\/wp-json\/wp\/v2\/tags?post=57935"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}