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How To Study Your Competitive Advertising Agencies

Peter · June 10, 2019 · Leave a Comment

3 Competitive Advertising Agency Growth And Business Development Tools

This post provides a brief look at 3 tools for you to study your competitive advertising agencies. And, they are excellent insight drivers to use for your new client business development program. Want to prove to prospects that they need you? Use these tools to deliver insights and to make your point.

In order to be truly competitive, you need to know what your competitive agencies are doing online, how well they are doing and what wonderful and effective marketing and content plays they are using to drive their awareness and new client interest.

Good news, many of these analytics can be used for free – up to a point. Neil’s tools are free. SEMrush and SimilarWeb will start you out for free and then change for enhanced analytics.

I’ll be adding more business development tools – Sign up on the left for my weekly newsletter so you don’t fall behind your very own agency competitors.

Neil Patel’s UberSuggest, Traffic Analyzer, and SEO Analyzer and SEO Analyzer

Neil Patel’s free UberSuggest, Traffic Analyzer, and SEO Analyzer tools generate free website analysis reports that include top keywords and pages and suggested revisions to improve website health. Use it for your advertising agency website and then compare it to your competition. By the way, note how Neil uses these tools to drive his own traffic and love. IP is cool people.

Here is a quick look at an analysis of the digital award winning agency The Many’s Site Audit.

SEMrush

Need some more online visibility? SEMrush is a longstanding winner in the analytics arena. Their online research tools deliver insights into traffic analytics; organic and advertising research; backlinks and keyword research.

Take a look at New York’s Oberland, another hot agency. I bet your agency would be happy with 19,300 visits last May 2019.

[Read more…] about How To Study Your Competitive Advertising Agencies

11 Must Have Ad Agency Business Development Tools

Peter · June 8, 2019 · 1 Comment

11 Must-Have Ad Agency Business Development Tools (Updated From 2014).

http://www.dreamstime.com/royalty-free-stock-image-hand-tools-kit-isolated-image26271476NOTE: I first wrote this 11 Must-Have Ad Agency Business Development Tools blog post at the very end of 2014 and a few minutes ago the website checker app Checkbot pointed out that this post has a couple of dead links. (4.5 years later and it is interesting to see what tools have survivied). So, I thought that I’d repost and make things work. I suspect a reason for the broken links is that some of these tools are history. Here is what I found.

Back to 2014 – it is still worth the read… Blog post Consistency, actually the lack of it, is one of the most pressing issues that reduces the effectiveness of most advertising agency new business programs. So… Here are some ad agency business development tools that I recommend to keep your agency’s new business and content development program on track. (Tweet this.)

These tools (and there is a big world of tools out there these days) will help your efficiency and, more importantly, make you look like a subject matter expert because you are on that ball. Even better, as you use these tools for your own business development efforts, you will be gaining social media expertise that will dazzle your client prospects.

Clients (the ones you do not have yet) need your help according to this research from  Ascend2.

When Will the Social Struggles Stop eMarketer

Almost half of the clients surveyed have significant social media obstacles to overcome. You can help them by helping yourself.

This list of 11 tools is my first set of recommended online social media management tools. There will be more coming. [Read more…] about 11 Must Have Ad Agency Business Development Tools

How To Name Your Advertising Agency: Part One

Peter · May 17, 2019 · 14 Comments

advertising nameA Strategic Guide To How To Find Your New Advertising Agency Name

This is Part One of a two-part series on how to name your advertising agency (or, most businesses for that matter).

Other than the gyrations that agencies constantly go through with how to position their agency (go here to see my advice on agency positioning); design and redesign their website… how they name themselves is one of their most important branding decisions.

I worked for three advertising agencies. Two were “founder” agencies: Dancer Fitzgerald Sample (remember “Where’s the beef?”) and Saatchi & Saatchi (which bought Dancer) and the other was my very own Portland agency and its “current usage” name: Citrus. Or, as one of our creative directors thought was critical to our success, citrus, with a lower case “c.’

A Question…

Do advertising names matter? Wow, this is a tough one to answer. As you will see from the different naming conventions listed below, how one chooses a name is a broad journey. However, just for the hell of it, here are some of the names for AdAge’s 2018 Small Agency Awards. Do any of these agency names instill immediate confidence? A must call reaction? Are memorable?

  • Butler, Shine, Stern & Partners
  • Mistress
  • Johnxhannes
  • The Chopping Block
  • Funworks
  • Oberland
  • Walrus (cool website)
  • Phenomenon
  • Brownstein Group
  • Steak
  • Yard
  • G&M Plumbing
  • Spawn ideas
  • Next/Now

My favorite (at least for this one second) is Next/Now. This name kind of meets a client pain point.

Part One: The Wonderful World of the Advertising Agency Name

I recently asked one of my advertising agency clients how they selected their name (note, it’s a word you use every day in your kitchen.) They said that they went through a fairly random process with the goal of finding a name that was easy to remember and not taken. Well, that’s one way to do it. Another is to apply process. [Read more…] about How To Name Your Advertising Agency: Part One

Google Will Screw Your Ad Agency

Peter · May 14, 2019 · 2 Comments

Google is going to screw your ad agency.

Or, better said, they are going to mess with your organic listing. Which means, that your ad agency will be harder to find. And, therefore screwed.

Many of the ad, digital, etc. agencies I talk with tell me that their SEO is not delivering the power that it once did. Between ads taking top positions, Google’s desire to answer your inquiry right on page one in a snippet (like Google’s answering what the tallest tree is in a two-sentence snippet so you do not even have to go to the expert tree website).

Google is changing, again.

I urge you to go to Neil Patel’s How Google’s New Layout Predicts the Future of SEO to read an in-depth review of what Google is doing/considering. Believe me, this is not good news for you or me since I get the majority of my leads from a Google search.

From Neil: The big trend is that the organic search results have been drastically pushed down below the fold. Roughly by 3.3X.

How does that look? Pretty bad folks. One example… who is ever going to see that blog that you spend hours crafting?

 

What To Do?

First of all, the benefits of a Google search will not go away. Sure your ad agency might be on page two or three but I am going to imagine that people will scroll down a bit more to see the organic lists. OK, maybe. What can your ad agency do? [Read more…] about Google Will Screw Your Ad Agency

Advertising and Ageism

Peter · May 7, 2019 · 3 Comments

Advertising and Ageism = Insanity

I am going to discuss two forms of advertising and ageism. First, as it relates to agency staffing and second about the insanity of not marketing to the richest consumer market.

Start Here: There are few areas of the advertising industrial complex that baffles more than rampant ageism. Here is a World Health Organization definition of the master issue…

Ageism is the stereotyping and discrimination against individuals or groups on the basis of their age; ageism can take many forms, including prejudicial attitudes, discriminatory practices, or institutional policies and practices that perpetuate stereotypical beliefs.

I see two areas where ageism lives in advertising.

Oh, oh… before I start. I was going to use Jeff Goodby of Goodby, Silverstein & Partners (that’s him in the photo) as an example of an ‘older’ guy who still works in advertising. But, and I find this kinda humorous, it is virtually impossible to find out how old Jeff is. I suspect that he has erased age from his bio.

First: Ageism and Advertising Agency Staffing

There is no question that the advertising industry is about young people and the not over 45 employee. According to AdAge:

In 2017, the majority, or 63 percent, of workers in advertising, public relations and related services were under 45 years of age, according to the Bureau of Labor Statistics. The median age in the category was 39.2—roughly the same as a decade earlier. (By comparison, the median age in accounting, including tax prep, bookkeeping and payroll services, was 45.)

Though I find advertising agency employee-based ageism unnerving, I understand this bias from a business perspective. As an ex-agency owner, I know the need to keep staff costs down. In what is becoming a lower and lower margin industry, cost efficiency, especially when it relates to salaries and healthcare costs is critical. My over 50 employees cost a lot more than my under 40.

Another reason that agencies go “young” is that there is the perception that older workers do not “get” new digital marketing platforms. Really? Are we really thinking that one has to have been born after 1990 to understand how digital marketing works? I am twice the age of the average agency employee. Yet, I was one of the ‘inventors’ of digital news in 1995, launched the first natural language marketing interface in 2000 (think bots) and ran an Oregon agency that specialized in digital marketing. Do you think that I am the only older person that gets it? I mean frankly, how much of a fucking genius do you have to be to understand Instagram video?

I think that the idea that anyone over 45 does not get it is simply an excuse to keep costs down by reducing the number of more expensive employees.

Second: Ageism and Advertising’s Missing Demographic

Imagine a marketer waking up and not wanting to market to a huge segment of the population? Well, that is how advertising works today.

Despite being a massive market, only about 5% of U.S. advertising is even aimed at people over 50 according to Havas Group. There are many reasons for this. But I think that ageism plays a part (like you are 27 and like why would I want to spend my client’s budget on people like my parents?) I mean, they don’t use Snapchat. They don’t play Minecraft. They don’t binge drink.

When you staff up an agency with 27-year-olds, you are going to miss having a bunch of people with broader life experiences. The kind of life experience (and no, I am not suggesting that agencies need in-house 70-year-olds) that helps your agency sell more stuff.

Isn’t an advertising agency in the business of selling more stuff? To like, whomever?

Possibly, not selling more stuff is a reason that advertising agencies are not perceived as being essential as they used to be to driving client sales.

OK, time for my milk and cookies.

Want more? Read this from Fast Company: Why marketing to seniors is so terrible.

 

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