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Attention, Interest, Decision, Action

Peter · October 18, 2013 · 1 Comment

The savvy Rebecca Armstrong, Principle and Managing Director of Portland’s ad agency North, recently wrote the following to me about her perspective on new business. About creating a holistic approach. About creating the total package. About the realization that it takes a plan. I agree.

New business for me is a very holistic package of having an excellent creative and strategic reputation, having a strong, singular and differentiating POV, having vocal advocates in your existing client base, having kick-ass PR counsel, growing a culture of new business in the organization, chasing culturally-aligned clients yadda yadda. And then there’s the pitch, which is an art in itself.

It also requires…

alec-baldwin-glengarry-glen-rossAttention, Interest, Decision, Action

As Alec Baldwin said, “ABC. Always be closing.” Its called sales pressure. This may sound a bit intense. But, isn’t employing some form of ABC, maybe your own way of ABCing it, what it all comes down to? In the case of advertising agencies, I suggest keeping the new business machine working 24/7. Something we can do given our digital and social tools.

Full disclosure: I am not advocating a full-on old-fashioned way of doing that thing that puts fear into the hearts of advertising agencies — SALES. I am simply pointing out, by showing you one of your favorite movie scenes, that only employing passive business development efforts won’t work. You will need to find your own special sweet spot between doing nothing, building that holistic program and acting like Alec Baldwin.

So… for some of my very own ABC, think David Mamet or, in my case, Mario Puzo. Just call me. Think Corleone.

What Do Advertising People Actually Do?

Peter · October 17, 2013 · Leave a Comment

What do advertising people do for a living? Finally, there is an answer. They curate, design apps, they work on spaces, change graphics, network, freelance, they interdicinplanary, make stock, go viral, drink bottled water, make platforms for Syria, are sustainable, white board…

Check out “Concept Space”, a video that explains it all from the YouTube comedy channel Slackatory.

 

 

The Sweet “Why’s” of Online Video

Peter · October 15, 2013 · Leave a Comment

emarketer online video advertisingAccording to eMarketer, advertisers are using online video for awareness and branding. No surprise there. This is how “commercials” have been used for years.

Read on…

So, What Are The Sweet Why’s?

  1. The use of online brand video as “old-fashioned” TV commercials is why agencies that know how to write and produce TV commercials have a leg up on the young digital upstarts.
  2. The use of online brand video is why young upstart agencies need to begin to act like old-fashioned TV advertisers. I often hear newish digital agencies ask, “how do I do TV advertising?”

What goes around goes around.

OK, one more thing. Remember when the digital guys said that interruption advertising was dead. Well, guess what, it ain’t. Just try to watch a video on YouTube without a commercial interruption.

OK, OK. Sure things will change. And, yes the TV creative director generation will die off. But, it will be a slow death. Why? TV commercials WORK!

Adobe Helps With Ad Agency New Business

Peter · October 8, 2013 · Leave a Comment

Adobe recently released the important insight-rich study, “Digital Distress: What Keeps Marketers Up At Night”,  on how marketers view digital marketing. I urge you to read the PDF of the full report: adobe-digital-distress-survey.

The good news for advertising agencies is that clients are not getting their 7 to 8 hours of REM a night. Tired means that you have significant pain points to aim at with your new business strategy.

Here is Adobe’s sleepless in marketing chart. It is rich with business development messaging points for agencies. The chart shows the gap between what marketers view as important vs. their level of satisfaction.

The first agency-related finding that jumps out to me is the gap between desire and fulfillment in marketing Creativity and Innovation. Hello, agencies, this is your sweet spot. But, you know that. In fact, there is so much fuel here that any agency could jump on just any one of these points (that means develop some relevant focused insights) to make a compelling case to get a meeting. Use some of my free insight tools to make that case.

what keeps marketers up at night

 

If you have a couple of minutes, check out Adobe’s animated infographic. It could be something to share with current or prospective clients.

The History Of Content Marketing

Peter · October 7, 2013 · Leave a Comment

Yesterday I opined (yes, a Bill O’Riellyism) that we shouldn’t get all caught up in worrying about the definition of advertising. In my head, lets keep our lives simple and just believe that when marketers pay for our attention they are “advertising.”

I sited content marketing as not being a brand new “advertising” idea (think advertorials) and today found this infographic on the history of content marketing on the Content Marketing Institute website. So, how old is content marketing… Try 1885.

slide-1-638

 

 

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