New Business

11 B2B Email Marketing Statistics (2022)

April 19, 2022 By Peter 2 Comments

Yup 11 B2B Email Marketing Statistics – A Sweet List Just For Your Advertising Agency Business Development Program

I just got off a long business development planning call with an advertising agency in Canada. We spent a good deal of time discussing the value of building and running an advertising agency email newsletter. I have written about email newsletters before but just built a set of statistics that supports my email advice that your agency should think hard about getting that newsletter out there (if you have a newsletter, good for you), Bottom line = email marketing should be a key element of your business development program.

My email marketing statistics list is below. But, just for the hell of it, here are a couple of earlier email marketing blog posts. Worth a read.

My 11 B2B Email Marketing Statistics (2022)

81% of B2B marketers use email marketing newsletters for biz dev. (Content Marketing Institute, 2020)
B2B marketers send email marketing newsletters every 25 days. (SuperOffice, 2020)
31% of B2B marketers use email to nurture leads. (Content Marketing Institute, 2020)
87% of B2B marketers say email is one of their top free organic distribution channels. (Content Marketing Institute, 2020)
90% of content marketers say email engagement is the top metric they track to measure content performance. (Content Marketing Institute, 2020)
89% of all B2B email campaigns are sent from a company name. (SuperOffice, 2020)
85% of marketers say they work with email marketing platforms. (Content Marketing Institute, 2020)
The highest email click-through rate goes to the consulting services companies at 25%. (Constant Contact, 2021)
Marketers who segment their campaigns see as much as a 760% increase in revenue. (Campaign Monitor, 2019)
Over 80% of marketers said they’d rather give up social media than email marketing. (Litmus, 2020)
YIKES!!!! You better be good at email marketing – 306 billion to be exact. And this number is expected to reach 361 billion by the end of 2024. (Constant Contact 2022)

And Now – B2B Email Marketing Guidance

How To Create A Tactile Brand Experience

March 31, 2022 By Peter Leave a Comment

Yikes, What Is Tactile Brand Marketing? And What’s In It For My Advertising Agency? Hmm… Maybe It’s Making Sure You Are Unignorable.

One of my core marketing mantras is that advertising agencies need to become unignorable. Unignorable means not being ignored. This sounds obvious but most advertising agency marketing is, unfortunately, ignorable. One, one, of the many ideas that I share with my advertising agency clients, is the idea of using tactile brand marketing. Well, I usually call it direct marketing (just like in the old days when you got something in the mail — paper-based mail that is).

In fact, I just got off a call with a Northeast agency where I pointed to one of my favorite paper-based tactile brand marketing tools — The UK Newspaper Club. Hey, I have written about the value of what the Newspaper Club offers in this blog post – Really, An Advertising Agency Newspaper? Peter, You Must Be Kidding.

And Then Just Like That, I Got A Well-Done Lead Gen Email From PFL About, Yup, Tactile Brand Marketing.

It is worth reading the email below because it does a really good job of selling in the PFL pitch story. The email is short (thank you!!), concise, and drives you to a 1-minute sales video. A video that actually sells. Here is the email. And, go ahead and watch the video – and consider adding a tactile approach to your marketing. Think direct mail – like a zine, newspaper, or box – and how it breaks through the clutter of digital marketing. And, then do that fast & sweet & effective sales video.

Oh, before I show you the email and the video – maybe you want more ideas about becoming unignorable? You should. And, you should contact me. The Don did…

Ok, ta-da, the email…

Campaign UK On Advertising Agency New Business

March 11, 2022 By Peter Leave a Comment

Thanks… Campaign UK On Advertising Agency New Business Trends

My brain perked up when I saw that Campaign UK was doing a podcast interview show about advertising agency new business, i.e., today’s business development environment and the good, bad and ugly of the client + agency search process.

Campaign’s podcast “Agency New-Business Trends & Super Bowl Ads” enlisted Greg Paull, principal of R3 Worldwide (…a global consultancy that offers marketers access to the expertise and services required to establish and administer effective multi-national agency engagements.) And Tracey Barber, global chief marketing officer of Havas Creative Group. They were joined by Campaign’s media editor Arvin Hickman to discuss agency new business trends. The Super Bowl discussion – meh.

I’ve taken bits of the interview, edited for brevity, and popped in my thoughts. Remember other than working closely with agencies on their business development plans, I wrote, just in case you missed it, The Levitan Pitch. Buy This Book. Win More Pitches.

More Pitches But Smaller and Smaller Accounts:

Greg: There were 58% more pitches this year, but only 9% more revenue. And I think that just sends the message to agencies that it’s becoming a fight for smaller and smaller pieces of an individual business. That’s a challenge for our agency’s work.

Marketers are increasingly looking at project-based assignments and that’s always a challenge for agencies that are quite used to this traditional AOR structure. So, they’re having to pivot a little bit in order to be able to cope with the way clients want to buy their services.

Peter’s Take: Nothing new or surprising here. The client-to-agency relationship pivot started to happen way back in the late 1990’s when we began to see the shift from the 15% media commission to fee based payments. One of my mega clients fired Saatchi one day within moments of a new marketing director parachuting in. He was both an asshole (the client’s mega airline was growing faster that its competitors and we had just won two EFFIE’s for strategic brilliance and he fired us at the ceremony’s dinner table). He then gave the $60 million business to Ogilvy because they were going to charge ½ of our the AOR commission.

OK, enough bitching. Yes, clients are wanting project-based relationships. It is then up to agency managment to leverage that project into more work. Easier said than done but if you give that assignment to a junior account manager or producer, worse untrained folks, I am not sure how you effectively grow that client. A Duh coming: growing an existing account is way more efficient than running after advertising agency new business from strangers.

More Projects Less AOR

Arvin: Can I just ask in terms of that trend of it becoming a bit more project-based? Are you noticing that a bit more on the Creative side versus the Media side or is that across the board?

Greg: Yeah. It’s been more on Creative than Media. And in fact, if you looked at the top 10 wins for last year, nine of them were global for Media. Only four of them are global for Creative, and that’s been a system trend that… Creative tends to be more piecemeal, clients are always looking for the best creativity they can and as a result, they’re more and more looking at project-based work.

Peter: Even if you are a ‘creative’ agency, make sure that the client loves your media and strategic planning. Make it an integral element of your deliverable even if you have to team up with a media specialist. ‘Creative’ is way too subjective.

Plus: It is easier to fire an artist than a scientist.

Just Say No To That Pitch

Arvin: Now one agency that many would argue isn’t having this whole dissatisfaction problem would be Havas Creative. Tracy had a lot of new business wins in the past year. What was the recipe for your success do you think? [Read more…] about Campaign UK On Advertising Agency New Business

Advertising Agency Process and Profitability

February 27, 2022 By Peter Leave a Comment

Get This Right – Your Advertising Agency Process

Warning: While not as sexy as a new TikTok marketing plan, this in-depth 3,500-word post is all about creating and running a killer advertising agency process that will help your agency make, here it comes, more money. Process, as in managing and controlling your time, costs, and being efficient will deliver greater profits — and much happier clients and staff.

Process, having a process, is one of the key elements of my business development and client management consultancy. I get into the weeds on this every day with my clients. You cannot be efficient and a money-making machine if you do not have a clear path – a plan that you repeat for each client and every element of your agency sales plan.

By the way, if this post is too long for your online perusal, I’ll send you a PDF version. Just email me at peter@peterlevitan.com

Process = Big $$$$

A bit of background. When I worked at Saatchi & Saatchi one of the accounts I ran was Northwest Airlines. At that time, a time when airlines spent big bucks, their media budget was $60 million per year. At the standard 15% commission, we generated $9 million in agency revenues. $9 million! Ah, the good old days. Days when an agency minted bucks even if some of our processes were a bit wanky.

This isn’t the case anymore.

Today, process: the art and science of managing client relations, agency staff, expenditures, and time, is critical to profitability.

A Wonderful Advertising Agency Process Plan = $$$$$

I have a Texas advertising agency client that isn’t anywhere near as profitable as it should be. Their problem isn’t having the right clients or clients that want great work, or clients that spend money. Their problem is not having the right workflow process to ensure that these clients are profitable.

And, worse, because the agency appears to be always overworked, they don’t have the time or energy to run a smart and consistent new business program. A 24/7 program.

I built this client process plan for them and thought, why not share it? To protect the innocent, this full-service ad agency has been renamed… Wonderful Advertising. I think that these general principles and actions can be applied to any communications agency type.

The Wonderful Agency: Background

Wonderful is an integrated marketing communications agency based in Dallas. Wonderful describes itself as (from Wonderful’s Twitter profile):

“A full-service advertising and marketing agency blending traditional and non-traditional media with digital services, graphic design, and social media.”

A bit boring, but at least they’ve made a statement.

Wonderful: Management Issues

Wonderful is entering a next-stage business phase where it would like to add larger national clients to its roster. In order to do so, it would like to set up client management systems to improve its workflow efficiency and improve and manage its client relationships, and most importantly… increase agency profitability. The agency must also build a business development system that will help them entice and land the type of clients that they need for agency growth. [Read more…] about Advertising Agency Process and Profitability

How To Get On Page One On Google

February 11, 2022 By Peter Leave a Comment

Four Ways That Got Me On Page One On Google

There are thousands of blog posts about how to get on page one on Google. I did the right stuff and am on #1 for many of the search terms that my advertising agency clients search on – see the image over there. Go ahead and click on it.

Why is being on Google’s page one important (yes, an LOL duh coming):

From Search Engine Journal:

Over 25% of People Click the First Google Search Result

A study of billions of search results finds over a quarter of Google searchers click on the first organic result.

Here is just one more blog post about getting that number one position because I have the number one position for people searching for my expertise: “advertising agency business development.” And, other related terms. And… yes, you should aim for this as well.

Here is how I did it.

I’ve cranked. I have written 810 blog posts since 2012 about, you guessed it, advertising agency business development that is targeted directly to agency decision-makers. I have been very focused. I give lots of useful information out for free – read it here. People like that.
I am a good writer and even have my well-read, best-selling book The Levitan Pitch. Buy This Book. Win More Pitches. to help me look like an expert/leader and get me even more street cred.
I use the right keywords. I study my market, their needs/wants/pain points, and (importantly) what works for my competitors. I use tools like Ubersuggest to help me make my keyword and subject decisions.
I point to my blog posts on LinkedIn and Twitter. And, if you do a podcast like my Advertising Stories, the podcast world will find you too. I am also a guest on lots of marketing podcasts that point back to me.

That’s it. Yes, it helps that I started this blog in 2012 before like trillions of blog posts hit the metaverse. But, you can do it. Yup, get on page one on Google. Be patient.

Be savvy, focus on your audience, be keyword smart, write well, and be consistent. Oh, add value to the universe.

All of this activity begets incoming agency leader inquiries.

But you??? OK, do some account based marketing too – if you do not have 810 blog posts. Like a lot of direct marketing.