Marketing spend optimisation for lean growth
By Matt Buckley
The four levers, with sources
1. Agency compensation
The definitive UK/US industry reference on agency fee models is the ANA's Trends in Agency Compensation Report (19 editions and counting), and the joint 4A's–ANA Decoding Compensation Models paper (April 2024) sets out the output, input and outcome-based models in use. The practical procurement play is to move from open-ended input models (hourly rates, cost-plus) toward output or outcome pricing where scope is stable.
2. Media transparency
The ANA's Media Transparency Initiative — including the 2016 K2 Intelligence investigation and follow-on 2020 Ebiquity/Firm Decisions work — documented non-transparent practices (rebates, principal-based buying, undisclosed arbitrage) inside the media supply chain. The World Federation of Advertisers' Global Media Charter gives advertisers a template of contractual protections: audit rights, disclosure of financial interests, and defined data ownership. If your media contract does not reflect the Charter, it is a candidate for a repaper.
3. Martech stack rationalisation
Gartner's Marketing Technology surveys have tracked stack utilisation year on year. Its 2023 release reported marketing leaders utilising only about one-third of their martech capabilities — down from ~42% in 2022 and ~58% in 2020. Coverage from chiefmartec and MarTech walks through the drivers: lack of training, overlapping tools and no single owner. For procurement the play is a rationalisation exercise (identify overlap, right-size seat counts, exit unused platforms at renewal) rather than a further AI-led purchase.
4. Production and content
There is no single authoritative benchmark for production savings; the levers are less contested: preferred supplier lists, modular templates, reuse discipline, and shifting from bespoke shoots to modular asset systems. UK digital ad spend alone reached £40.5bn, with video investment up 20% year-on-year to £9.3bn and search accounting for roughly 44% of digital spend [10] — a mix shift that makes production and content efficiency, not just media buying, an increasingly material line. ANA's 2022 Procurement 2022 report gives useful context on what mature marketing procurement functions cover, and where production sits in the responsibility set.
Governance without slowing the team down
The risk with marketing procurement is over-controlling and slowing campaign cycles. Well-designed governance gives marketing preferred-supplier lists, agreed rate cards and fast-track approval within envelope — procurement is only involved above a defined threshold or scope. The ANA/4A's Compensation Models paper (linked above) is a fair starting reference for the shape of that policy.
Working with the CMO
Marketing spend optimisation is a partnership, not an audit. The best programmes start with the CMO's priorities (pipeline, brand, ROI) and design commercial hygiene around them. Cost reduction that damages growth is not a win. See our broader cost reduction consulting approach.
References
Every figure cited above is drawn from the independent sources below. Numbers in square brackets in the text link to the matching source.
- Trends in Agency Compensation Report (19th edition) — Association of National Advertisers (ANA)
- Decoding Compensation Models and Implementing the Right Model (April 2024) — 4A's & ANA
- Media Transparency Initiative (K2 Intelligence report and follow-on work) — ANA
- Global Media Charter — World Federation of Advertisers
- Gartner Marketing Technology Survey — martech utilisation (2023) — Gartner
- Martech utilization problems — how to diagnose and remedy them — chiefmartec
- Marketers are only using one-third of their stack's capability — MarTech
- Procurement 2022 report — ANA
- UK advertising records £42.6bn spend in 2024 — Advertising Association / WARC
- Digital Adspend 2025 — IAB UK
Is marketing procurement the same as marketing?
No. Marketing procurement supports the CMO on commercial terms with agencies, media, martech and production — it does not decide brand strategy or media mix. Done well it protects growth budget by removing waste, not by starving campaigns.
What is the biggest source of waste in most stacks?
Two: media supply-chain opacity (documented by the ANA's K2 Report) and martech under-utilisation (Gartner's most recent Marketing Technology survey found stack capability utilisation at around one-third).
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