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Smart Agencies

Leagas Delaney + Booz & Company + Snowden

Peter · June 26, 2013 · 1 Comment

Edward SnowdenFrom the June 26th edition of Britain’s advertising industry Campaign Magazine comes this rather timely headline:

Leagas Delaney launches tech alliance with Booz & Company

Teams from the two companies will be created to work on designing customer experience, crafting technology solutions and working with clients to launch these solutions. Discussions with potential clients have begun.

Delaney said: “Our combined model with Booz Digital will bring CEOs and CMOs the confidence that their vision for transforming their business can be realised because we understand the accelerated change that consumers’ digital demands create.”

Imagine. You are Leagas’ founder Tim Delaney and you are sitting on this big news and you wake up a week earlier to this headline:

Booz Allen Hamilton: Edward Snowden News ‘Shocking’, ‘A Grave Violation’

Now, to be factual, Booz and Booz Allen Hamilton (Snowden’s employer and earner of $3.8 billion in secretive U.S. defense contracts) are separate companies. Booz was spun out a few years ago. But, its all a bit confusing. And the branding issue, like who knows that Booz and Booz aren’t the same…. well, you know.

So, whether Leagas likes it or not*, to the unknowing, they are now associated with America’s latest whistle-blower / traitor-type.

*By the way, timing and unfortunate branding issues aside, the idea of an advertising agency teaming up with a smart tech company is brilliant. I have been preaching this type of alliance since 1995 when I left Saatchi to found my first Internet start-up.

 

 

 

Ogilvy, Pinterest and Ad Agency New Business

Peter · June 1, 2013 · Leave a Comment

ogilvy on pinterestTake a look at how Ogilvy is using Pinterest as a new business tool and as a rich information resource for their global employees. They have over 110 boards, 1,000 pins and over 8,000 followers.

Sure, Ogilvy has cadres of workers to pin the globe but someone in management is clearly committed to this new (OK, relatively new) and massively growing social media platform. This site looks like it has more infographics than, well, who knows. It’s a great infographic resource and they add to it every week.

I use Pinterest as a business development tool as well – it delivers traffic to this very blog. To gain a footprint on Pinterest and to target folks like you, I built the Pinterest advertising agency directory.

Do you need some help in deciding if Pinterest is a good tool for your agency’s new business program? Here is my post:

10 Reasons To Use Pinterest For Advertising Agency New Business

Ad Agencies See The Growth In Online Video

Peter · May 22, 2013 · Leave a Comment

youtuve-300x225Opened up my computer this morning to get ready for a call with a potential agency client in Milan and saw two advertising news items that clearly point to the direction that ad agencies must head.

First was a quote from Italy’s Publicita Italia (think AdAge) that said that Publicis thinks that 75% of their revenues will come from digital by 2018. Not surprising but clearly directional.

The second is an article from eMarketer that states…

Ad execs think online video ads are equally or more effective than television ads at reaching audiences.

And…

The popularity of digital video viewing is helping drive the expansion of the online video ad market. eMarketer estimates that video ad spending in the US will grow 41.4% this year, to reach $4.1 billion. BrightRoll found that the greatest percentage of advertising professionals—one-quarter—expected online video ads to see the highest growth rate of any ad category, with mobile video a close second.

Here is the supporting chart. The trend is obvious and the trajectory for agencies and what skills they should be building should be crystal clear. One idea is to become the Six Second Vine Agency.

online video growth

 

How Advertising Agencies Get New Business – An Infographic

Peter · May 6, 2013 · Leave a Comment

Instructive infographic on How Agencies Get New Business from RSW/US’s 2012 study.

59% of agency principles say that referrals are the most effective way to get new business.

I completely understand the power of referrals. However, I think that the high referrals percentage is partially a symptom of the fact that many agencies have ineffective outbound new business plans and programs – if they even have a consistant plan. If you aren’t aggressively going after new business from targeted companies (this includes inbound-oriented social media campaigns), then you will of course wind up getting most of your leads from friends. Its kind of like staying in your room and having your mom find you dates. Any lead is good but a high volume of high-value targeted conversations are better.

As RSW/US says on their website: “A huge thank you to the Agency san diego for creating this infographic based on the findings from our most recent survey, 2012 New Business Report: Client & Agency Perspective On Topics Related To Agency New Business.”  I thank both of them.

By the way, if you are an agency that doesn’t have a brilliant new business plan that includes lead genration (and you know who you are)…. I can help you today right here.

And here is the infographic…

RSWUS-Infographic-How-Agencies-Get-New-Business

3 Ways for Floundering Advertising Agencies to Find Growth

Peter · May 3, 2013 · Leave a Comment

Hubspot’s article “3 Ways for Floundering Agencies to Find Growth” is mighty fine take on how agencies need to act if they want to grow care of a guest post by Agency Post’s Jamie Oetting.

Jamie highlights three areas for agency concentration.

Find A Focus. Being everything to everyone (an agency malaise) is as far as being single-minded (a point pitched to agency clients) as possible.

Invest In Education. Training your employees is a very good thing. It, well, educates them (and you agency manager too) and should make them more loyal.

Acquire More New Business Strategically. Having a new business plan and systematic approach is critical to keeping the agency shark swimming forward. Or, else. Oh, and I’m quoted inside.

 

 

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