New Business

Ad Agency: Why No Sales Methodology?

Peter · October 7, 2014 · 4 Comments

I came across the revealing ad agency business development infographic below on the RSW/US website. The infographic highlights some of the findings from RSW/US’s 2014 Agency Marketer New Business Report.

The infographic sucks. Um, no. The infographic doesn’t suck, but it points out one critical agency fail that… SUCKS!

According to the RSW/US report, 66% Of Ad Agencies Have No Business Development or Sales Methodology

What? 66%! Having run ‘sales’ (sorry, it is sales) at Saatchi, my own agency and two Internet companies, I know that a company that has something to sell in the B2B marketplace cannot succeed without a biz dev plan and implementation methodology. Cannot, full-stop. No methodology means no plan and no plan means no growth no growth means lower income. So, let’s solve this problem. [Read more…] about Ad Agency: Why No Sales Methodology?

How To Start A Creative Advertising Agency

Peter · October 4, 2014 · 8 Comments

I am occasionally asked…. “How do I start a great advertising / design / digital agency?”

Here are some videos that help to answer this question. There are more out there but these three videos should get you on your way.

Thanks to Source and Mirren.

The first is from London’s Steve Harvey. Here is how he talks about himself (hmm, Agency of the Decade, not too shabby):

Steve Henry was Founder / Creative Director of Howell Henry Chaldecott Lury, the agency voted Campaign’s Agency of the Year three times and Campaign’s Agency of the Decade in 2000.

Next, we’ve got Sir John Hegerty. Shabby? Not.

John Hegarty is one of the world’s most awarded and respected admen. Over six decades he has been at the forefront of the creative advertising industry from the early days of Saatchi and Saatchi to Bartle Bogle Hegarty, the global company he runs today.

In 1982 he founded Bartle Bogle Hegarty with partners John Bartle and Nigel Bogle. The agency swiftly became one of the most talked about and awarded advertising agencies in the world. BBH has won every Agency of the Year accolade and every creative award possible and has been at the forefront of the industry for twenty nine years.

Finally, here is Chuck Porter. I saw him speak at Advertising Week last week (along with John Hegerty) and he is rather, um, on it.

Chuck Porter is an American advertising executive, marketer and author. He is co-founder and chairman of the advertising agency Crispin Porter + Bogusky and chief strategist for its holding company, MDC Partners.

My numero uno take on starting an agency?

Be distinctive as illustrated by a cartoon from my book, The Levitan Pitch. It demonstrates a key issue facing new and used agencies…. Sameness.

Pitch Pain (As In Ad Agency Screw Ups)

Peter · October 2, 2014 · Leave a Comment

The advertising pitch column Pitch Pain launched today on the Agency Post blog. Pitch Pain provides a platform for the advertising industry, clients and search consults to tell their favorite good and bad pitch stories. The goal is to help all of us advance the efficiency of the pitch process while being entertained by our often crazy stories.

Each revealing and occasionally humorous story (just think of the schadenfreude) will be accompanied by a brief review of any home runs or mistakes made plus how-to insights to help us all learn form our dear industry colleague’s experiences.

You can read the first post right here on Agency Post.

Here’s Some Background

I wrote The Levitan Pitch. Buy This Book. Win More Pitches. to help advertising, design, digital and PR agencies improve their pitch development processes and, rather importantly, win more business. I got the idea for the book from a December 2013 research study of advertising professionals by Provoke Insights that supports the idea that agency employees are dissatisfied with their agency’s pitch process.

“Approximately half (47% of respondents) of advertising professionals surveyed by Provoke Insights say they are dissatisfied with the current internal approach to pitching.”

Other issues include:

“unrealistic timelines” (66%) and “long work hours” (65%.)

Clearly, trying to craft account winning pitches with disgruntled staff is not a great way to kick off the pitch development process.

In writing the book, I interviewed a range of agency executives, clients, presentation experts and search consultants who have sat through thousands of pitches. Most shared very entertaining pitch experiences. These experiences form the basis of many of the book’s ideas and tips for how to build account-winning small and large agency presentations and pitches.

Pitch Pain And You

My friend Jami Oetting, Agency Post’s Editor, and I quickly realized that we all have our favorite pitch stories. That’s why to air these out and provide industry learning, we teamed up to provide agencies, clients and agency pitch consultants with a platform to tell their own pitch stories.

We want to hear your stories. The good, bad and even ugly. To help, there is a simple form on the website that you can fill out. Form shy? Just send your stories directly to me and i will post them for you. These don’t have to be long. I’m at peter@peterlevitan.com

So, agencies, clients and search consultants… don’t be shy.

Send us your favorite pitch stories. You can name names or exclude some of them if you think anonymity is a wise move.

I didn’t go anonymous in my lead Pitch Pain story about the time that Saatchi & Saatchi Advertising blew a pitch for the global Adidas account by showing videos of bloody baby seals.

Our goals are to entertain and enlighten. Improving the pitch process for all of us is a very good thing.

Remember… I Can help You Grow Your Advertising Agency’s Revenues -> Go Here Now

12 Stupid Advertising Agency Presentation Mistakes

Peter · September 29, 2014 · Leave a Comment

These cartoons from my new book on how to run a winning new business pitch, The Levitan Pitch. Buy This Book. Win More Pitches. illustrate how to blow a presentation and LOSE a pitch.

Sorry, but I just had to express my findings this way. The bad way. But,it is a good way to help all of us kinda wake up and stop making simple pitch mistakes. And, I am talking about small to huge agencies based on the stories and insights of my book’s 30 expert contributors that include 13 leading agency search consultants than have sat through thousands of pitches.

You’ll know what I mean when you hear some of the pitch stories in the book.

Yes, you can buy the poster in different sizes.

How To Run A Profitable Advertising Agency (2 of 2)

Peter · September 23, 2014 · Leave a Comment

Here is Part Two of my blog post on how to run a profitable advertising agency.

You might want to start at Part One. Part One also tells you, based on my own personal perspective of myself, why you might want to believe most, if not all, of what I am about to tell you.

13. Grow your digital assets faster. Bring on more technologists to leapfrog even early-adopter digital agencies. A lot of agencies are now behind simply because they didn’t start hiring more geeks sooner.

14. Pick a growth area. It’s not too late to become the smartest video or mobile agency (no one is yet.) Not even the big boys have mobile figured out. However, it may be too late to be known as the best “social media agency” given the sea of social experts. One more digital point, and I know that you know this — digital agencies have a higher multiple than full-service agencies. If you want to sell in the next three years, you best add valuable digital skill-sets.

15. Provide exceptional client service. All AE’s must know how to think like a client in order to anticipate client needs and address any potential issues before they materialize and metastasize. Consider sending your AE’s to an AE class. The worst call I could ever imagine is a client telling me that our account service sucked. It’s just too easy to fix. Fixing creativity is much harder.

16. Create an agency work process that is dedicated to profitability. Then stick with it. The ever-elastic creative process must be tamed. If you need a work process template ask me and I’ll shoot you one. [Read more…] about How To Run A Profitable Advertising Agency (2 of 2)