New IPA/Tracksuit report reveals what clients want from their agencies

Bridging the gap: Redefining the value of agencies

Nine out of ten brand leaders are seeing true commercial value from their agency partnerships. But while confidence in agencies remains high, new research from the IPA, produced in collaboration with Tracksuit, reveals an opportunity to add more value by delivering more of the strategic thinking clients value highly.

Launched at the flagship IPA Business Growth Conference today (8 July 2026), the report, Bridging the gap. Redefining the value of agencies, explores the value agencies create today and what clients value most from their agency relationships. It also explores where a disconnect exists between expectation and delivery, and how agencies can bridge this and strengthen their role as strategic partners, for the benefit of all.

The findings are based on a quantitative survey of 200 senior brand-side decision-makers responsible for selecting and managing agency relationships, with marketing budgets of between £1m and £250m, alongside twenty in-depth interviews with CMOs, senior marketers, agency leaders and industry commentators.

Agencies continue to demonstrate strong commercial value

The research paints an overwhelmingly positive picture of client-agency relationships with nine in 10 clients saying their agencies are either central to their commercial success or contribute meaningfully to their results. Furthermore, nine in 10 clients expect their use of agencies to increase or remain the same over the next three years.

When asked which services they value most in a strong agency partnership, clients ranked excellent quality of asset production highest (83%), followed by strategic brand expertise (80%) and superior specialist knowledge of key channels (79%). By comparison, development of a core creative idea or platform ranked joint tenth (74%), highlighting the breadth of capabilities clients now expect from agency partners.

Clients want agencies to stretch, grow and challenge their thinking

Despite this positive endorsement, the report also reveals that when asked about the type of thinking clients value from agencies, there is a considerable disconnect between what they currently perceive they receive, versus what they perceive as extremely valuable or very valuable.

According to the findings, for all respondents the biggest gap exists regarding ‘Stretch and growth thinking’. While 83% of clients rate this type of thinking as extremely or very valuable, only 48% perceive they are receiving this. The second biggest overall value gap revealed is regarding ‘Challenging our brief and assumptions’ with 77% of clients rating this as extremely or very valuable, versus 43% that believe they are receiving this from agencies.

Clients don’t always feel they receive the “thinking services” they rate highly

Q. How valuable is each of the following types of thinking from agencies as a whole? Are you receiving this type of thinking from your agencies?
Q. How valuable is each of the following types of thinking from agencies as a whole? Are you receiving this type of thinking from your agencies?

Furthermore, when splitting this out to look at the C-suite, EVP and VP respondent-level only, some of these gaps are more pronounced, with ‘Challenging our brief and assumptions’ leading the value gap, measuring 48 percentage points (85% value vs 37% perception of reception).

The biggest gap among C-suite / EVP / VP level audiences appears in the thinking delivered around “Challenge”

Q. How valuable is each of the following types of thinking from agencies as a whole? Are you receiving this type of thinking from your agencies?
Q. How valuable is each of the following types of thinking from agencies as a whole? Are you receiving this type of thinking from your agencies?

Further factors impacting the agency landscape

Further to these findings, the report highlights a number of factors that are influencing the changing agency environment, including:

  • the increase in in-housing over the past two years, with respondents citing cost and the need for speed, control and integration as reasons for driving the shift.
  • the ongoing pressure on agency remuneration with two-thirds of client respondents (66%) agreeing that the way agencies currently charge undervalues their work. And that they are interested in exploring alternatives, including outcome-based fees (54%) cited as the most preferred option.
  • the growing importance of AI capabilities, revealing that nine in ten clients now describe AI skills as either critical or very important when evaluating or selecting both creative and media agencies.
  • the importance of marketing being recognised in the boardroom, with 82% of respondents agreeing that agencies could “help me more in getting the customer heard at board level” in their organisations.

Opportunities to bridge the disconnect and redefine agency value

For agencies and clients to benefit further going forward, the report asserts the need for agencies to redefine their value and offers five core recommendations:

  1. Create better stories to reframe agency value
  2. Promote the power of creative expertise
  3. Package and promote critical thinking
  4. Influence board level decision making
  5. Orientate the agency and refocus remuneration around that value

Commenting on the findings:

Says Ed Palmer, Director of Value, IPA:

“Agencies should take heart in the value marketers attach to the creativity, challenge and strategic rigour that agencies are uniquely placed to deliver. But there’s work to be done to ensure that agencies deliver what clients truly value in them, and that that value is recognised and compensated accordingly. At the IPA we’re committed to finding more ways to support agencies in doing this.”

Says Talia Hickey, Global Head of Agency Partnerships, Tracksuit:

“We've always believed agencies deliver enormous value for their clients. This research proves it, and then shows them how to deliver even more. The agency landscape has never been more diverse or dynamic, and that clarity is exactly what will help agencies step into their next chapter, bolder and more confident.”

Says Marcos Angelides, Chair of the IPA Commercial Leadership Group and Publicis Media's Managing Director of L'Oréal Lab & Head of AI Operations:

“The research shows that clients continue to place enormous value in agency partnerships, but it also highlights a clear opportunity. Clients want agencies to push their thinking further, challenge assumptions and bring new perspectives to the table. To do that effectively, agencies need to combine creativity and expertise with robust data and insight that guarantees competitive advantage. Agency partners that do that will help clients make better business decisions, unlock growth opportunities, and prove marketing’s contribution to commercial success.

Agency partners that do that will help clients make better business decisions, unlock growth opportunities, and prove marketing’s contribution to commercial success.

Marcos Angelides, Chair of the IPA Commercial Leadership Group

The research report was written by Fran Cassidy, Founder, Cassidy Media Partnership, in partnership with Leanne Tomasevic at Tracksuit.

Download your free copy of "Bridging the gap: Redefining the value of agencies"
Last updated 08 July 2026