Some 62% of brand marketers say they use two or more marketing agencies to support their business, a 13 percentage point decrease from 2009, when 75% said they used two or more agencies, according to a recent report from RSW/US.

The report was based on data from from a December 2014 survey of 123 senior level brand marketers and 158 marketing agency executives.

More than half (56%) of brand marketers surveyed say they have been consolidating the number of agencies they use recently, whereas 44% say they have been adding more specialty agencies.

Moreover, 63% of brand marketers say they expect the trend of consolidating the number of agencies used to continue over the next one to two years.

Below, additional key findings from the report.

Agency Competition

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Brands Are Using Fewer Marketing Agencies

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ABOUT THE AUTHOR

image of Ayaz Nanji

Ayaz Nanji is a writer, editor, content strategist, and research writer for MarketingProfs. He has worked for Google/YouTube, the Travel Channel, and the New York Times.

LinkedIn: Ayaz Nanji

Twitter: @ayaznanji