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Ten Important Questions For Your Advertising Agency

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Ten Important Questions For Your Advertising Agency Ten Questions Every Advertising and Digital Agency Has to Answerer to Lead the Market

But First… Some Pain. The Why I Wrote: Ten Important Questions For Your Advertising Agency 

There is a high degree of fear, doubt, and uncertainty in the Advertising Industry. According to the 2023 RSW/US New Business Report:

            “This year (2023), 58% of agencies report obtaining new business has been harder, or a lot harder, compared to the previous year.”

            “38% of agencies said the number of opportunities for new business decreased this year, versus 26% last year.”

As an ex-agency owner and the Director of Global Business Development at Saatchi & Saatchi Advertising Worldwide, I know these facts are insane and worrying.

Frankly, only kick-ass agencies will survive.

Here Are Ten Questions (and Thoughts) That Will Kick-Start Your Agency’s Success.

These are food for thought. This is where I start with my advertising agency consultation clients.

  1. Do You Update Your Business Plan? How hard do you look at and possibly adjust your business plan? How will you generate maximum revenues and profits moving forward? Do you adjust? Do you understand your Total Addressable Market (TAM)? I have a one-page business plan guide in my book, “How To Build A Kick-Ass Advertising Agency.”

  2. Have You Defined Your advertising agency positioning? This is a tough and hard look at your primary brand proposition. Stand out. be clear. Be compelling. Be an expert. Expert agencies win more clients and get bought faster.

  3. Do You Have a Competitive ++ Sales Oriented Website? This is one of the first places that anyone sees your agency. How do you rank vs. your competition? What do you say (fast!) that will get a prospect to pay attention and want to dig in? In many cases, you only have around five seconds to make me pay attention, decide you are right for me, and stick around vs. the other 3,999 advertising, digital, etc. agency websites. Your website is a sales tool. Sell!

  4. Is Your Business Development Plan A Winner? How have you managed your plan over the past year? My blog has 850+ blog posts discussing how to market your agency. Plus, I’ve written two advertising agency “guide” books just for you on this rather critical

  5. Have You Perfected Account-Based Marketing? You do this, right? If so, how? I am blown away by the number of new, smart, easy-to-use AI-based marketing tools designed to energize and streamline your marketing. Ask me about them.

  6. Are You a Thought Leader? Are you an active and efficient thinker, blogger, LinkedIn guru, or podcaster? How do you look on LinkedIn, YouTube, Instagram, and TikTok? Are you perceived as a category thought leader? What do your analytics tell you?

  7. What Is Your ‘findable’ quotient: Can I find your advertising agency if I search for you or your expertise? You should be everywhere I might search for you. Your competition will probably be there.

  8. How Is the Client List? Does your client list look powerful to an outsider? Do you know how to position your client list for business development? Do one or two clients account for too high a percentage of your revenues? If so, go out and get new clients. And love the one you are with.

  9. Got Intellectual property? Do you have any IP? Something that will differentiate and add sustainable value to your agency? You can do this. I know how to make this happen by hyping your current client-facing systems and licensing white-label tools.

  10. Do You Manage Your Creative Vibe? How does your creativity stack up, and how do you prove it? I am talking about the vibe of your creative ideas, use of media, and just plain methodology to help clients stand out.

One More BIG One. Man Bites Dog.

Is your agency, as in, for example, #digitalagency Unignorable? If you are, um, ignorable, you will not win. It is that simple. I concentrate on how to make agencies UNIGNORABLE.

Dog bites man, isn’t unignorable. Man bites dog is. What is your breakout message?

Here It Comes – An Unignorable Offer

Take me up on my free Godfather offer. This is an offer you can’t—or rather, shouldn’t—refuse.

Need a starting point? Let’s talk for 15 minutes—just 0.25 on the timesheet— to discuss your agency’s issues & opportunities and how I will help you build a more powerful advertising agency business development program. You will leave the call with at least one powerful business development idea. I guarantee it.

Here is my calendar: www.calendly.com/peterlevitan

Why Be A Thought Leader

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Thought Leadership Is Good

thought leadershipThe marketing term thought leadership has become a bit overused. Well, what marketing term is not a bit overused? I mean, do I really want to hear the word disruption again and again?

However, if we step back a bit and ask ourselves if we’d like to be perceived as an insightful, strategic, and problem-solving creative thinker—um… a thought leader—well, I’ll take the words thought leader.

Thought leadership takes time and brain power. Why bother?

Thought leaders deliver actionable…

•     Information

•     Insights

•     Strong opinions

•     Solutions to big problems

•     Inspiration

•     Creativity

•     Innovation

•     Even piece of mind

Since I started my marketing agency consultancy, I have produced more than 850 blog posts; videos using impressionists to talk me up (think Trump and Gandhi); have been a host and a guest on dozens of podcasts; and have spoken at conferences and produced white papers. I’ve recently launched a LinkedIn newsletter. Oh, this is it.

I wrote my book on pitching, The Levitan Pitch. Buy This Book. Win More Pitches. and my new book How To Build A Kick-Ass Advertising Agency to build my brand by offering business-building advice. These books generate interest and proof of expertise.

My thought leadership, which is 100% dedicated to advertising agency management and business development, works. Specialization works. People pay attention. My books drive leads.

The benefits of thought leadership are clear: It demonstrates expertise and authority.

  • It delivers compelling, relevant business-building information and insights. Value!
  • It excites
  • It generates peer-to-peer conversations and builds relationships over time
  • It generates marketing-qualified leads
  • It can be amplified and repurposed for efficiency. One thought can be modified and spread over a range of distribution platforms
  • Kick-ass problem-solving thought leadership is unignorable

I need to repeat this: Kick-ass thought leadership is unignorable.

The Unignorable Insight

Your expert positioning (yes, be an expert) will drive your thought leadership. The power word is authority. Market-building insights are created and delivered via your knowledge, experience, and creative approach to problem-solving. In this case, it is OK to be authoritarian.

Just to be clear, what is an insight? From the Planning Dirty Academy’s Julian Cole:

“Insight unlocks the way around a problem. It reveals a new path.”

Thought leaders reveal that new path. Just look at the people who are quickly building their own personal brands by becoming AI experts. Example: Sam Suzchan and his 122,000 LinkedIn followers.

I’m A Thought Leader Right Here.

thought leaderIn my brand new book… How To Build A Kick-Ass Advertising Agency

Add Humor to Your Advertising Agency Marketing

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advertising agency marketingWhy Are Advertising Agencies So Boring? But, Not ADWEAK.

I wrote about the humorous ADWEAK in my book (yes, me promoting again, and why not?) My key point is that the #advertisingagency universe is so boring. Seldom do we see an agency use humor to grow awareness and get past sameness. My main point: Add Humor to Your Advertising Agency Marketing.

How Many Advertising Agencies Does It Take To Screw In A Lightbulb?

Once upon a time, I thought that it would be “different and unignorable” to have my agency’s website open with a video of a stand-up comedian riffing on the advertising industry and our wonderful agency.

Why would I consider using a comedian to introduce the agency? I am a believer in the power of humor to arrest attention and open up the mind. Plus, this angle gives the agency a personality in a generally personality-free zone. And I guarantee a comedian will keep a visitor on the home page for longer than 10 seconds.

Oh, to answer the question of how many “How many advertising agencies does it take to screw in a light bulb?” — “Oh well that all depends… what’s your budget?” OK, not a killer riff. But, you get the idea.

Yeah, I have an opinion. However, I’m not alone. From the Harvard Business Review:

The workplace needs laughter. According to research from institutions as serious as Wharton, MIT, and London Business School, every chuckle or guffaw brings with it a host of business benefits. Laughter relieves stress and boredom, boosts engagement and well-being, and spurs not only creativity and collaboration but also analytic precision and productivity.

Go ahead and take this humor-first idea… please.

A unique example of leading with humor is the creative / production studio ADWEAK. The agency drives interest—for example, it has 100,000 Twitter followers—via its unique look at agency and client life. They nail the idea of delivering truth via humor.

BREAKING: Agency Just Listing Anything They Can Think of on Capabilities Slide for New Business Pitch

BREAKING: Agency Staffers Still Have No Idea What Recently Hired “Thought Leader” Actually Does

BREAKING: VLMY&R Considers Adding Another Couple Letters to Name

The ADWEAKwebsite has few words but delivers this compelling key message:

We’re good, we’re smart, we’re fast and we’re not A-holes.

Now To PROVE That I Put My Money Where My Mouth Is. I Leverage ADWEAK’s Humor.

I am now “advertising / promoting” my book on ADWEAK’s LinkedIn and Twitter posts. Here is their reach…  Twitter (99k followers) and LinkedIn (28K followers). See the image at the top to see how they are promoting me.

Does your agency use advertising for itself? Are you funny? If you have gotten this far, read and act on the next sentence. Thanks.

advertising agencyHere is a link to How To Build A Kick-Ass Advertising Agency. BUY it now – (lots of caps today).

WOW: A Chef Makes Big Bucks On TikTok

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The Show “Chef Reactions” Is A Mega Hit On TikTok

How does this shit happen? All of a sudden I’m watching the TikTok show “Chef Reactions” every day. Somehow it arrived in my feed and because it is so cool I subscribed. In the show, an unnamed very glib chef reviews the cooking videos of other cooks. Some are good recipes and some just suck. The show is funny and kinda instructive. All C/O of a cool unnamed dude.

I just listened to an interview with the chef on Peter Kafka’s Recode Media podcast. Listen to it.

This guy has gone from zero to 3 million Followers. Is now also on Instagram and Twitter.

BUT! BUT! $$$ $$$

Hyundai is now a sponsor. He sells merch. And, was just signed by Endeavor. #TikTok == Congress, do not kill this.