Insights

Nike Loses Advertising Award

September 17, 2021 By Peter Leave a Comment

Big News: Nike Loses Advertising Award

‘Nike Loses Advertising Award’ is a much more unexpected (and click-bait) headline than ‘Nike Wins Advertising Award’. I thought of this switcharoo when I woke up to the following ‘expected’ headline from Media Week:

Nike’s ‘You Can’t Stop Us’ From W+K Wins Outstanding Commercial Emmy.”

Switcheroo? Media trope? Let’s start with this definition from Wikipedia:

The phrase man bites dog is a shortened version of an aphorism in journalism that describes how an unusual, infrequent event (such as a man biting a dog) is more likely to be reported as news than an ordinary, everyday occurrence with similar consequences, such as a dog biting a man.

The article, about who won the Emmy Awards for outstanding television commercials makes me think that these huge awards only go to the rich and famous. Why do Nike and W+K win again? And, again? Yes, this is a wonderful TV commercial, and W+K rocks. But other agencies and other advertisers make great ads. Even agencies in North Carolina.

Are Nike and W+K that much better than other advertising agency and client pairs? Over and over? While these guys do great advertising (note that Nike was a long-term client of mine when I had an agency in Portland and W+K was hard to ignore), I have to think that the judges do not, must not look at a whole lot of advertising from the universe of poor and infamous advertisers. There are dozens of advertisers and there has to be a reason that Nike is repeatedly listed as the winner.

Yes, there is more. Who were the (surprising – LOL) other finalists?

Nike Loses Advertising Award (Not) And Now, Even More, More Rich and Famous

As Media Post points out – Nike is in good company. An obvious band of rich and famous advertisers:

“The other nominees in the category included spots for Apple AirPods and Apple Watch Series 6, a separate Nike spot, and ads for Amazon Alexa and Beats By Dre.”

Apple, Apple (twice), Nike (again), Amazon, and Beats By Dre… Really? My take is that The Emmy’s just got lazy – and too obvious.

Obvious? Let’s remember that The Emmy’s is about TV bucks, and mega brands and big spenders like Nike, Apple, and Amazon are, well, way into the world of TV bucks.

OK, OK.

Need more words on advertising awards and what ones y’all should enter? Go read this: Top Advertising And Design Awards

2022 Emmy’s – Oh, Oh… Oikos

Here is my vote for a TV commercial for the next award show. Oikos Yogurt and karaoke.

How I Discovered The Internet After Saatchi

September 9, 2021 By Peter 1 Comment

I Discovered The Internet – Kinda True

This is my 800th blog post. So why not get personal? Here is my story about how I discovered the Internet and left advertising in 1995 to become an Internet start-up CEO. I think that it might be instructive to the people leaving the advertising industry today. Don’t take my word for it, people are leaving – read Avi Dan’s Forbes article, “People Are Fleeing The Ad Industry Because Of Burnout And Wanting To Work From Home.”

By the way, that is a picture of the explorer Robert Peary.

When I Discovered The Internet and The End Of My Advertising Agency Career

After my three years working at the Saatchi & Saatchi Advertising Worldwide London office as European Director running business development and the J&J and Sara Lee Europe accounts, my family and I returned to Summit, New Jersey in the winter of 1994. Our welcome was a brutally iced in house. So iced that we had to hire some off-duty firemen to chop out the ice so we could use the front and back doors.

After leaving Charlotte Street, I now worked at the big black iconic (Darth Vader) Saatchi & Saatchi building on NYC’s Hudson Street. My large 18th-floor office had a wide-angle view and very cool furniture inherited from a recently exited executive creative director. Due to a failed New York office culture, talented colleagues were starting to exit the building.

My job was running Saatchi’s North American business development group. The job was nearly impossible as poor management had trashed Saatchi’s New York reputation and the global brand itself was in decline. The Saatchi brothers had finally overreached when they tried to buy a UK bank. These advertising guys’ “want to buy a bank” hubris was not warmly received by the public markets. Saatchi’s had gone from being the “world’s favorite” advertising agency to a company that no longer got the type of new business incoming and responses I had become accustomed to. Like, I wasn’t getting returned calls from prospective clients. This was a new experience. However, I was getting weekly calls from the trade press asking me for comments about people fleeing the New York office. Not the kind of trade media calls a business development director wants to receive.

I Discovered The Internet

While all of this office and career shit was going down, I had discovered the Internet and its insane growth curve. Yes, I discovered the Internet. Well, this happened because I returned to the USA from the Luddite UK and got the wake-up call.

I immediately fell in love with digital platforms like CD-ROMs, Netscape Navigator (the first commercial graphical browser launched in October 1994), and, of course, America Online and CompuServe. I was also seeing the exponential growth of Internet usage – as shown in the chart. How could this not be a gold rush? This was around the time that Jeff Bezos became enamored with the dramatic hockey puck growth of Internet uptake and you see where that got him. Side note, I had had my first early taste of digital when I briefly ran the Western Union Easylink email account a long time before I moved to the UK. Easylink was the first commercial email service – or as we called it, Instant Mail. Um, yes, a good idea but a bit early. Understatement.

In 1995, one did not have to be a genius to see that the digital universe would become a serious advertising platform. I tried to get Saatchi management interested but they were so consumed by the Saatchi death spiral that, like small children, I could not get them to focus on the new opportunity that was right in front of them. We could have been a contenda.

A Life Switch – “Get The Fuck Out Of Advertising”

Two things soon happened that would change my life.

First, thanks to my prescient friend Mike Donahue, who was the digital lead at the American Association of Advertising Agencies, I found out about Redgate Communications. The leading, and one of the few, digital ad agencies. [Read more…] about How I Discovered The Internet After Saatchi

Neil Patel On Advertising Agency Mistakes

September 5, 2021 By Peter Leave a Comment

I am a regular listener of Neil Patel and Eric Siu’s The Marketing School podcast. As of today, these digital marketers and prolific audio publishers are up to 1,848 episodes (WOW!) that cover many of the tactics and strategies that have made their agencies successful.

Each daily show is delivered at wake up and is approximately 3 minutes long. Bite-sized advice. A recent episode “Mistakes That Neil and Eric Made While Growing Their Agencies” (#1842) is worth a listen (link below). Hey, maybe your agency should produce bite-sized vs. those hour-long podcasts. Like my loooong, but entertaining 40 podcast series – Advertising Stories.

Below is my take on their Neil and Eric’stake.

The podcast transcript has been edited for clarity and brevity.

Eric Siu On Leadership and Work Habits:

“… when I first took over (the agency), one of the big mistakes that I made was taking a book too literally called “Let My People Go Surfing”. So some of you might’ve heard this story already, but it’s from the Patagonia co-founder, it’s a great book. And it talks about letting your people go surfing. He lets his people go surfing during lunch, right. Basically, it’s saying people don’t want to be micromanaged, and they don’t. And I went a little too extreme with it and I stopped showing up to the office. So I learned that it’s important, especially in the very beginning, especially when you’re trying to save something, to trust, but verify and also be there in person and be there in the trenches showing that, hey, you’re there and you have some type of vision for the company as well.”

My take. I grew up during the always be in the office days. I was usually the first in when I worked at Saatchi & Saatchi New York and London, definitely when I was the CEO of two digital startups and when I owned my own agency. It was critical that I demonstrated interest and energy – and its good news for me that I have always been a morning person. Sure I know all about the idea of work-life balance, especially when I had two offices in outdoor , fresh-air driven Oregon. But, running an advertising agency, or any business, requires real leadership and dedication. I demonstrated this dedication by showing up. Showing up is especially requiered for client focussed businesses.

Now, how to exhibit this style of leadership in a WFH environment is a bit up for grabs these days. We’ll see where this goes. That said, the last thing I’d do as a leader today is to pump out 6:35 AM emails that ask for an immediate response. That is not effective leadership.

“The other thing is I made a lot of kind of rash decisions without consulting people. And I learned that building actual relationships and building rapport with people and not coming from an arrogant perspective that just because I came from tech I thought that I kind of walked on water, which I didn’t, right. I just thought I was super amazing when really – it takes a village to build something amazing. So that’s what I would say. Don’t take things too literally, build relationships with people and make decisions that are… If they’re reversible, act on them quickly, but if they’re not reversible, you’d probably want to deliberate on them a little more.”

My take: There are a couple of points here. First, yes your agency will work better in a team environment. Even if you are the smartest or most experienced person in the room, don’t act like an ass. If you stop and listen to other people you will generally come out ahead. LOL, most of the time.

Second, it is OK to fail. But, try to do it too too fast and own up to mistakes. That said, repeted faliures are not a good thing.

Neil Patel On Client Concentration:

The Advertising Agency New Business Pitch

August 22, 2021 By Peter Leave a Comment

How To Run An Advertising Agency New Business Pitch

A high school teacher friend asked me to help her with a study plan about how an advertising agency manages the advertising agency new business pitch process. She is asking her students to run their own sales pitch for an imaginary client. I thought, what the heck, I’ll share some of my thinking with you.

Why me? Well, I did write the definitive book on ad agency new business pitching which included a detailed look at the advertising agency pitch process. What to do and what not to do and how doing the what not to do will cost your agency money, time, staff pain, and heartbreak. Somehow this teacher found my book. I guess Google works.

A Very Simplified Look At The Advertising Agency Pitch Process

Before I start, I have to say that the current way many clients select an agency, as in having multiple agencies pitch against each other, is too time-consuming and costly for both the client and the agencies. I’ve seen large pitches drag on for weeks and months. One would think that a savvy client should be able to look hard at the agency’s expertise, past work, case histories, culture plus a couple of conversations to make a decision. Of course, pricing is also a factor, especially if the pitch is partially run by the client’s procurement department. A department focussed on costs – not necessarily an assessment of agency skill-sets.

OK, nuff said about the inefficiency of many pitches.

There is no such thing as a ‘standard’ pitch. Some clients are large and others small. Some large theoretically sophisticated clients have no process, and some small clients are super organized. Here is a look at what is often the process.

Some clients are looking for the whole enchilada (an agency that will do everything from branding to social media) and some clients are just looking for one specific need – often a project. For example, a new name, and logo. Some clients want to work with category experts (as in needing a healthcare specialist) and some are looking for a great ‘creative’ agency.

How Does The Client Find Agencies?

Here is my master list on getting found and contacted:

You get a referral from a happy current or past client. Hopefully, your agency has a referral strategy to help make this happen.

You get a referral from a friend or family member. For example, my nephew was once the publisher of Men’s Vogue – he introduced me to someone who became a great client. Maybe your mother plays bridge with the mother of New Balance’s marketing director.

Word of mouth (WOM). People have heard of you inside the general marketing universe. Somehow, you’ve gotten people talking.

Your agency has won a prestigious marketing award. The right third-party recognition is a good thing. No, do not enter every ward show.

The press writes about you, your agency or asks for your expert opinion. I have a friend at Adweek who occasionally asks for a quote. This has been a good thing for my brand awareness.

You know how to use social media to get the good word out and make connections. That means you use one or just a couple of blogging, Instagram, LinkedIn, YouTube, TikTok; Facebook, you podcast: or utilize whatever the latest social media platform that makes sense for your audience.

You advertise your services. Yes, imagine an agency that actually uses advertising.

You wrote a well-targeted advertising or marketing book that gains industry fame – like my: The Levitan Pitch. Buy This Book. Win More Pitches.

You are an expert and the specific categories that you rule (tactical or business categories) know about you.

You speak at the right conference, were in that smart podcast or write for trade publications. I used to write for HubSpot and ‘borrowed’ their enormous audience.

You know how to do what is often called Account Based Marketing. This means that you have created a list of the type of clients that your agency ‘should have’ and you contact them directly. Intelligently and gently. Often you will send them hard to resist, I call it unignorable, insights.

A professional advertising agency search consultant put you on the prospective client’s list. This is a very good thing. It should not be an accident that the consultant knows about you.

What Is Your Elevator Pitch

August 15, 2021 By Peter Leave a Comment

How To Build An Elevator Pitch

Remember elevators? You know, those things we rode multiple times a day to get to and from an office or hotel room? The fleeting elevator ride spawned the idea that we need a way to describe ourselves or our company in 30 seconds or less – what we call an elevator pitch. This 30 second or less exercise is very useful since in our very attention-deficit world, our world where so many of us do the same thing and can sound very much alike (“hi, we are a creative advertising agency”, yada…). You get the idea.

Let’s Get Elevator Pitch Personal

One of my ad agency clients asked me to help her quickly and succinctly describe herself for her appearance on an upcoming online seminar. By coincidence, I received an invite to a SharpSpring event and noted how a bunch of advertising agency and marketing thinker and influencer types described themselves. I noted their self-descriptions as food for thought. Food for elevator pitch thought. Just for the hell of it, here are ways that very successful marketing thinkers describe themselves.

Hype-free digital marketing and customer service strategist.

Recognized as a top 100 entrepreneur under the age of 30 by President Obama.

Leading authority on positioning and reinventing in the creative and digital space.

Internationally recognized speaker & contributor to Ad Age’s Small Agency Diary.

Ranked one of LinkedIn’s Top Ten Voices in Marketing for four years in a row.

Works with 250+ agencies every year. Latest bestseller – Sell With Authority.

NYT bestselling author of nine books and counting.

Named among the 30 best young tech entrepreneurs under 30 by Business Week.

Host of the smart agency master class podcast. The number one digital marketing agency owner podcast.

Content marketing guru featured in NYT, Mashable and search engine land.

Agency business expert keynote speaker author and virtual event trainer.

Author of 19 international bestsellers, and one of the most popular bloggers in the world.

Digital marketing pioneer, Wall Street Journal bestselling author and tiny house owner.

Bestselling author and host of award-winning YouTube series.