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The Biggest Advertising Agency New Business Secret

Peter · February 28, 2021 · Leave a Comment

The Biggest, Most Important Advertising Agency New Business Secret.

Ogilvy Mather UK

It’s Sales Stupid.

Back in 1992, James Carville, Bill Clinton’s strategist said, “It’s the economy, stupid” to make sure the Clinton campaign remembered what was critically important to the American electorate. So, taking my cue from James, I offer that “It’s sales stupid”  is the biggest, most important advertising agency new business secret.

An advertising, design, PR agency new business program, marketing materials, presentations (even daily conversations with existing clients), and new business pitches are all about sales. Sounds obvious, right? The problem is that ‘sales’ can be a dirty word at some ‘creative’ agencies. If you think that I am overstating this, take a look at a few agency websites, and ask yourself if they are designed to be high-octane sales experiences that drive leads or just well-designed agency brochures. I think that the Contact page is a number one offender. Contact copy like, “Give us a call” is simply not a romantic way to begin a relationship.

An Advertising Agency New Business Secret

A discussion of how to use the science of salesmanship in an agency presentation could fill a book. I’ll be brief and hit what I think are the most effective techniques we can learn from the masters of salesmanship. Allow me a brief detour first.

I left advertising in 1995 to put a group of New Jersey newspapers online for Advance Internet (the digital newspaper arm of the Newhouse Media Group – you know them as the owner of Condé Nast). In addition to inventing New Jersey Online’s digital newspaper editorial persona, we also had to build an early online sales program that included the design of new advertising units and a sales pitch for this new Internet platform. To help me, Advance brought in Jim Hagaman from the Miami Herald. Jim was easily one of the savviest media salespeople I had ever met.

Within a few days, I had gone from thinking that I knew how to sell (i.e. running business development at Saatchi & Saatchi), to jettisoning much that I had learned, to watching a master actually make sales in the nascent Internet marketplace. Much of what you see below came from Jim.

One of his more interesting sales insights came when I said that we needed to go pitch New Jersey Online to New York advertising agencies. He said, whoa boy. In his experience, agencies always mucked up the sale. They wanted to put their own stamp on the sales message, usually got the details wrong, and always slowed down the process. He said that we were going directly to the clients to explain the benefits of digital media. As I eventually witnessed, he was right.

Actually, here is one more super insightful story that will introduce my next point, which I admit might be a “duh” for some of you.

You have to understand your client’s mindset, needs, pain points, rationale, and emotional motivations before you can ever craft an effective sales pitch.

I learned this lesson at my first agency pitch for New Jersey Online. I figured I’d start with my very own ex, the New York office of Saatchi & Saatchi. I knew the agency inside and out and had worked with their Executive Media Director Allen Banks for years. My pitch included a 1996 hockey puck graph of projected Internet usage and a discussion of digital advertising that touted our newfound ability to track how website visitors viewed and interacted with online advertising. Was Allen smiling? No. His reaction?

“Are you f*cking kidding me? We have made a fortune not really knowing how, when and for how long consumers have been looking at our ads. I manage hundreds of millions in advertising media placement. Knowing how much of it doesn’t work will kill our golden goose.”

My point in telling you this story is that I didn’t think through Allen’s motivations before I delivered my early online advertising sales pitch. By the way, he was right. The Internet sure seems like it killed some parts of the golden advertising goose.

More Sales Advice

[Read more…] about The Biggest Advertising Agency New Business Secret

Borat Did A Video Just For For ME

Peter · December 3, 2020 · Leave a Comment

A Few Words From My Best Buddy Borat About My “Advertising Stories” Podcast

Borat for LevitanBorat helps me by asking… “What is make beautiful Advertising Stories podcast? People should listen.”

He also asked, “What you mean by telling your agency clients that they need to be unignorable? Yo want unignorable? You got me! A special gift for you, my American puppy.”  Or… “Агенттик кардарларыңызга алар жагымсыз болуш керек деп айткыңыз келгендиктен, сиз жагымсыз болуп калгыңыз келеби? Мени алдыңыз!”

So… I obviously had to go to Almaty, Kazakhstan last week to find Borat to have him make a video for me and Advertising Stories. This was not an easy get. First, I asked my friend Quentin Tarantino to find and then ask Borat’s daughter Tutar Sagdiyev to see if Borat would be in town. Tutar then asked Borat if he would do me the favor of making a video promotion for my advertising podcast for the wonderful, podcast loving, people of Kazakhstan. He was interested in doing almost anything for the great United States – if I promised to arrange a lunch with him and Rudy. Mayor Rudy said, sure what the hell. I’ll do anything these days.

I flew for 42 hours from Mexico City to Frankfurt to Istanbul to Almaty. Borat and I shot the video in my hotel room at the luxurious Ritz-Carlton Almaty. I had a tub in my room – I mean in the bedroom itself –  and he insisted that he bathe and eat blinis and caviar while I played Beatles songs before the shoot. A bit weird all around – but strangely refreshing. Subscribe to my newsletter and I will send you the picture of me and Borat in the tub.

You might ask “why did Borat do this for you?” My Kazak friend is thanking me for introducing him to Rudy Giuliani. And to prove to you, that even an advertising agency business development consultant can walk to unignorable talk.

 

The QR Code Menu And Covid-19

Peter · October 25, 2020 · Leave a Comment

Digital Acceleration Baby: The QR Code Menu And Covid-19

QR Code MenuThis post is about the increasingly ubiquitous QR Code menu as an indicator of digital acceleration in the time of Covid-19. There are few things I personally dislike more than mobile phone usage at the table. However, your mobile is now a critical element in the restaurant experience.

First, a bit of Nike. A few years ago I had a really depressing meeting with my long-term client Nike about the use of a graphical QR code on their worldwide packaging. I gave Nike a very doable idea about what I absolutely knew was a brilliant, low cost, and potentially powerful global marketing mobile experience. Simply embed a QR code into every Swoosh logo on every box that found its way into every house in every country. Turn every dumb box into in-house 24/7 mobile marketing. Bring Jordan into the home.

Yes, QR codes can be graphical. The digital watermark QR code idea was developed by Digimark, another agency client. The idea was to replace the funky black and white code with an interactive logo, picture, or word. I am talking about having an interactive Swoosh mobile marketing tool hand-carried into millions of homes. Easy, cheap, doable. And why the fuck not? Did Nike buy this idea? No. They just stared at me – “Why would we want to send a digital experience into homes vs. our current “dumb, do nothing paper box?’ I was like. “Are you kidding me?”  That was the day I decided after giving really smart ideas to clients over my 30-year global advertising career, including winning programs that delivered lots of EFFIES, that I was done with owning an agency. Frankly, it felt like pearls before swine. Am I being harsh? Sure. Read all about the experience and see the Nike presentation here:

Nike Made Me Sell My Advertising Agency.

The QR Code Menu As Indicator

I first noticed the use of QR codes in Tokyo in the early 2000s. I was standing on a street corner in Shibuya and saw some teens pointing their phones up at a QR code on an outdoor board. I went over and saw that their aiming triggered a digital experience appearing on their phones. Whoa!!!

I said, we gotta have some of that.

Cut to like 8 years later and my advertising / digital agency started working with the tech leader Digimarc which owned the patents for digital watermarking. That is how I came to the idea of creating an interactive “smart box”.

Restaurants. Way back in 2018 there were over 600,000 restaurants and 54,000 hotel properties in the USA. All of these businesses are barely touching the opportunities embedded in mobile marketing.

Why just a menu? Digital check-in? Why not more remarketing? Diner or guest data? And, on.

Covid-19 As Accelerant

Cut to 2020. What more can be done?. Covid-19 is acting as a digital accelerant. More people are buying online, ordering food delivery, communicating with brands online, and now using their phones to read a digital menu. We are studying more online and getting digital healthcare, using exercise apps, ordering in.

Less touching and breathing all around.

As more and more people of all ages are becoming even more slavish to their Androids and iPhones… shouldn’t we be seeing more and more uses of the handy mobile code as a marketing tool?

Side note. China, as an example of the future, has gone like 100% mobile. You even scan and pay by phone for the low-cost bao bun on Shanghai’s food street Fangbang Road. We, MAGA focussed Americans, will get there sooner or later.

Your Digital Agency & The Code, And Big Ideas: GO!

OK folks. Your agency should always be looking for new ideas to excite your clients. What can you do with THE CODE?

Advertising, mobile events, packaging, in-store, on the street… For Burger King or your local pizza chain?

Should I send this blog post to Nike? Adidas, Amazon, any brand with a box at a time when in-store interactions are down?

OH!!!! Maybe your agency should!!!

How To Build An In House Agency

Peter · September 18, 2020 · Leave a Comment

in house agancyThe market vibration is that there is a growing use of the in house agency. To be more specific, this is an in house “advertising agency” since what is brought inside are one or more of what I’ll call “advertising services” that include strategy development; digital marketing; PR; ‘traditional advertising”; media planning, and buying and, most common, high-volume and fast-paced content development.

There are many reasons for a company to bring some or all marketing services inside by creating an in house agency. That said, there is no one size fits all and it ain’t easy folks.

The rather experienced Steven Morvay, he’s held senior positions as both an agency president at Saatchi & Saatchi Direct and senior marketing positions at Borders and HBO, gets both sides of the in house agency equation. Take a listen. This is a smart discussion. Yes, I said that.

The In House Agency – The Why Do It?

I am going to go deeper into the growth of the in house agency and its efficacy and issues. But for now, here is a revealing chart from the Association Of National Advertisers and eMarketer about the primary benefits of creating the in house agency. Yes, it is often mucho about saving some bucks.

in house agency

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Show Notes.

Steven Morvay on LinkedIn.

YO – Hypnotism coming.

Remember to subscribe to Advertising Stories. Remember to subscribe to Advertising Stories. Remember to subscribe.

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

Is Your Advertising Agency Famous And Unignorable

Peter · August 24, 2020 · Leave a Comment

Advertising Agency FamousMy friend Michael Moszynski, Founder and CEO of London’s global advertising agency LONDON Advertising, recently sent me an agency Press Release with the headline: “LONDON Advertising ad campaign sees its awareness surge an impressive 50% and overtake Adam & Eve in Populus poll.” I’d say that LONDON Advertising is able to say “yes” to the question… “Is Your Advertising Agency Famous And Unignorable.’

LONDON Advertising got to fame and unignorability by running a real broad awareness advertising campaign for the agency (and working on being famous for years). Yes, you heard me right. They actually used real (LOL) advertising to up their image and awareness in the UK. I’ve written about this campaign here: Does Your Advertising Agency Advertise Itself?

Help You Getting Your Advertising Agency Famous And Unignorable

#1. How did LONDON do it? Read their PR and think about your agency

Here is a quote from the press release (gotta love that England still has Lords)…

In a Populus poll of awareness of UK ad agencies among over 2,000 members of the public, LONDON Advertising demonstrated the power of its ad TV and Outdoor campaign to promote its own brand with an outstanding set of results.

Lord Cooper, Founding Partner of Populus, said:

“Amongst the public, brand awareness of LONDON Advertising rose by an impressive 50% in just a month.  LONDON Advertising is now 6 times more well-known than highly established agencies like VCCP. The increase in awareness of LONDON Advertising was the only statistically significant change in the month between our two polls, so their campaign clearly cut through. Among the critical sub-group of consumer opinion influencers, LONDON Advertising now has the highest awareness of any of the agencies covered in the poll, at 27% – its campaign taking it past Adam &Eve.”

Here is the press release sweetly shouting about LONDON. Results of LONDON Advertising advertising campaign

#2. How do y’all get to famous?

Quick story. A while ago I moved to London to work at the original Saatchi & Saatchi Advertising Worldwide on Charlotte Street. I quickly found out how famous Saatchi was when I  got in a cab and told the driver the address. He said, “Oh, you are going to Saatchis.” From then on I’d just say that I was going to Saatchi. If you said your agency name to an Uber driver (let’s pretend she does not have the app for a second) would she know YOUR address?

OK. How to get to famous? Three “simple” but, ya know, like, important things.

  1. Make being famous and unignorable an objective. A second on the idea of being unignorable… Imagine the alternative?
  2. Is your advertising, digital, social, PR or whatever agency marketing designed to be famous and unignorable?
  3. Show the world that you are (!) unignorable. Shout it. This is precisely how Maurice and Charles Saatchi did it. They made damn sure that the world thought that Saatchi & Saatchi was famous. This was an objective. This was LONDON’s freakin objective, too.

Oh, while you are at it, how about your personal brand? Are you famous? Did you see the video on my Home Page? For some of you… yes, I ripped off the name association idea from the great conceptual artist Chris Burden. Steal like an artist.

Need more fame???? Contact me.

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