Book

How To Sell Your Business

September 25, 2020 By Peter Leave a Comment

So You Want To Sell Your Business? Start The Process Early.

I have bought and sold a few advertising, digital, and design businesses. The process is stressful and rewarding. The keys to success are knowing why you are selling (and buying), spending time to build value, building a compelling, market-leading positioning, getting your financials in order, and hiring the right experts that will help you sell your business.

That’s why I interviewed Mark Holdreith of Media Advisory Partners. Mark and his team specialize in delivering M&A services for small and mid-sized marketing services and media companies.

From Media Advisory Partners:

MAP was founded in 2010 to provide financial advisory services to small and mid-size marketing services, media, and related companies. From the beginning, we have been committed to Advisory…providing the in-depth, end-to-end support and services required to meet your specific M&A needs.

I have two big pieces of advice; Start the process early. Read my free book, “How To Sell An Advertising Agency. And, How To Buy One.” There are a couple of links on this page to make that real easy.

Media Advisory Partners

YO – Hypnotism coming: Remember to subscribe to Advertising Stories. Remember to subscribe to Advertising Stories. Remember…

A nice thing for me… Feedspot has recognized Advertising Stories as being a top 15 advertising podcast.

Advertising Agency Searches and New Business Pitches: An Interview With Darren Wooley

April 15, 2019 By Peter Leave a Comment

Australia’s Darren Woolley On The Art And Science Of Advertising Agency Searches and New Business Pitches.

With thousands of advertising, design, digital and PR agencies to choose from, prospective clients need a little help in making their selection. One way is for agencies to ‘advertise’. That means getting your agency awareness up. I discuss a how-to here: 10 Ways To Advertisinse Your Agency.

Another smart way to gain attention is to be on the radar of agency search consultants. Not all, just the right ones.

Whether or not your agency will ever be included in a search run by an agency search consultant, experienced search experts can help us all better understand elements of the search process and how clients select agencies.

To get an expert opinion on how search consultants work, I turned to international search consultant Darren Woolley of Australia’s leading search firm TrinityP3. This interview is one of 14 expert interviews from my book “The Levitan Pitch. Buy This Book. Win More Pitches.”

Darren Woolley, Founder and Managing Director, TrinityP3

TrinityP3 is an independent strategic marketing management consultancy based in Melbourne, Australia. It works across continents and has 40 of Australia’s top 100 advertisers using its services. The company assists marketers, advertisers, and procurement with agency search & selection, agency engagement & alignment, and agency monitoring & benchmarking to ensure maximum performance in efficiency and effectiveness of their advertising and marketing budgets.

Darren started as a scientist, got into advertising as a copywriter, and ended up a creative director. After 15 years in advertising, he realized when marketers and their agencies work well together, amazing things happen. He established TrinityP3 in 2000 as an independent marketing management consulting company that provides marketers and advertisers with benchmarks, training, and advice on how to maximize the value of their marketing budgets.

PL: What are the primary benefits that you offer your clients? [Read more…] about Advertising Agency Searches and New Business Pitches: An Interview With Darren Wooley

How Strategy and Brains Drive Attention and Sales

March 7, 2019 By Peter Leave a Comment

The Art Of Strategy And Sales

You are about to read one of many interviews with advertising geniuses that are in The Levitan Pitch. my book on pitching and presenting. You can buy the book from Amazon and I make is really easy at the top of this page. If you are in a hurry, just click here.

But, first…

The Wonderful World Of Strategy From the Effervescent Mind Of Faris Yakob

When I first moved to Saatchi & Saatchi Advertising London in the early 1990s, I had the pleasure of entering the golden age of account planning. Even New York agencies hadn’t truly grasped the benefits of account planners vs. America’s traditional researchers. One of the definitions of account planning is that it brings the consumer mindset into the process of developing advertising. Here are two more definitions that directly relate to most client pitches.

“The account planner is that member of the agency’s team who is the expert, through background, training, experience, and attitudes, at working with information and getting it used – not just marketing research but all the information available to help solve a client’s advertising problems.”

– Stanley Pollitt, founder Boase Massimi Pollitt and wrote the book, Pollitt On Planning.

“Planners are involved and integrated in the creation of marketing strategy and ads. Their responsibility is to bring the consumer to the forefront of the process and to inspire the team to work with the consumer in mind. The planner has a point of view about the consumer and is not shy about expressing it.”

– Lisa Fortini-Campbell, Kellogg School of Management

Earlier in the book, I discussed that the Internet and a wide array of easy to use strategic tools have helped us all become more adept at research and being able to deliver many of the benefits of account planning. That said, being an expert in strategic planning and innovation is a full-time job. Here is one of the worlds most famous full-time experts.

A Strategic Expert Talks

Faris Yakob, Founder and Principle, Genius|Steals and… his book “Paid Attention: Innovative Advertising For A Digital World”

Faris Yakob is the Founder and Principle of Genius|Steals a global planning, idea and innovation consultancy that works on new product concepts, new communication ideas, workshops, inspiration, strategy, content creation, and new ways of thinking. Genius|Steals’ clients include: Fast Company, Grey Advertising, Marriott, Microsoft, Ogilvy (NY), and P&G.

Prior to founding Genius|Steals, he was Chief Innovation Officer MDC Partners/KBS+ and EVP Chief Technology Strategist at McCann Erickson. To top it off, among other kudos, Faris was Chairman of Integrated Jury and Content&Contact Jury at the 2011 Clio Awards.

PL: Do you call yourself an account planner?

Faris: That’s a good question. I have been an account planner, a media planner, a digital strategist, a communications strategist, and I’ve been a management consultant. So I guess, loosely in the area of strategy, I’d say yes. [Read more…] about How Strategy and Brains Drive Attention and Sales

Buy These Advertising Books Today

January 29, 2018 By Peter Leave a Comment

Advice: Buy These “Advertising” Books

I first met Paul Arden when I moved to Saatchi & Saatchi London in 1991 to run the J&J account and business development across Europe. Paul was one of Saatchi’s most famous creative directors, had worked on major agency accounts like British Airways, Silk Cut (a cigarette brand) and Fuji. He was a very serious London dude dressed in Saville Row suits and Havana cigar smoke.

Our first argument happened about five minutes into our first meeting on my second day. I think (know) that he had disdain for American ad guys and he presumed that I was a dweeb. Because we had to work together, the head of the office managed our relationship by seating us next to each other at a table in the big Saatchi Wimbledon tennis tournament tent. The kind of big money client event that was standard in those days. We sat down at our appointed places, looked at each other, laughed and decided to like each other.

The next argument occurred when Paul created a rather expensive video (without anyone’s approval) to illustrate the big idea that we presented to Adidas when we were a lock to win their international account and I was going to build my own sports agency to run it. This was a big fucking deal for the agency and me. We didn’t win it. It was the worst advertising pitch ever. Read about it here.

Paul’s Books

I highly recommend Paul’s books. Smart, full of easy to digest insights (you like small books, right?) and rather witty. Buy them and put them on your desk. About $28 bucks will make you look like you have your act together. Reading them will help you get your act together.

It’s Not How Good You Are, It’s How Good You Want To Be.

Here’s the pitch on Amazon:

It’s Not How Good You Are, It’s How Good You Want to Be is a handbook of how to succeed in the world – a pocket ‘bible’ for the talented and timid to make the unthinkable thinkable and the impossible possible. The world’s top advertising guru, Paul Arden, offers up his wisdom on issues as diverse as problem solving, responding to a brief, communicating, playing your cards right, making mistakes and creativity, all notions that can be applied to aspects of modern life.

Whatever You Think – Think The Opposite.

From Amazon:

The inspired follow-up to the international bestseller It’s Not How Good You Are, It’s How Good You Want to Be.

Bursting with ideas, innovations, art, philosophy, science, and brilliantly bad advice from Paul Arden–a cult figure in the worlds of advertising, art, design, and marketing–Whatever You Think, Think the Opposite offers a new way to approach business and life.

Do me a favor by doing yourself a favor – buy these.

My Book’s Video On Ad Agency Pitching

February 11, 2017 By Peter Leave a Comment

My Book On Ad Agency Pitching – And, The Use Of Video To Sell It

A good and smart advertising friend is in the process of marketing his new book, “Rise Up: How To build A Socially Conscious Business”. Writing books is a good thing. He asked for some ideas on book marketing since I’ve published four books – two non-fiction and two photo books – with another on its way.

Here is one big book marketing idea… Create an informational sales video for your book and get it up on your book’s Amazon page and… your book’s sales landing page. I put my video below to give you an example. However, here are a few more points.

Write a book to help sell your agency. Pick a subject that deals with your target market’s ‘pain points.’ My pain point, targeted at YOU, is how to win more new business pitches.
Your book will make you look like an expert and isn’t that what your future client is looing for?
The book does not have to be looooooong. Just, super smart and helpful. Look at how short many of Seth Godin’s books are
Use smart interviews with industry leaders and influencers to create content and make friends. About one-third of book is loaded with highly useful interviews.
Market the book in your inbound and outbound marketing programs. You know how to do this.
Repurpose and leverage the book’s content on your Facebook, YouTube, Twitter, blog pages.
Guest post on big industry websites to gain broad awareness and message reach.
Get your friends, like me, to help promote your book.
Use the book to get invited to speak at conferences. I am in April in L.A. speaking at Hannapin Marketing’s Hero Conference. It is the world’s largest PPC conference. My session is directed to digital marketing agencies: “Is PPC The Smartest Way To Sell Your Agency’s Services? Um, No.”
OK, one more link. here is my HubSpot presentation on why you should write a book …

My ad agency dedicated book, Buy This Book. Win More Pitches. (see above to purchase) just had its best sales month in January. I think that is because agency folks just like you thought hard over the holidays about how to grow your agency. As a FYI, in addition to books sales, I also get a large number of qualified leads for my consulting business at the start of the year. Looks like you guys have some pent up sales needs. Give ma a shout, I can help you get this whole process right.

OK, My Video

I asked Rebecca Armstrong, Managing director of Portland’s North agency to interview me. Easy!