Insights

Advertising Agency Sales Prospecting

Peter · December 3, 2021 · Leave a Comment

The Art & Science of Advertising Agency Sales Prospecting – A Smart ‘KISS’ Approach

You know what advertising agency sales prospecting is. Yup. But… let’s start with a couple of definitions to get us on the same page.

From Shopify: Prospecting is the first step in the sales process, which consists of identifying potential customers, aka prospects. The goal of prospecting is to develop a database of likely customers and then systematically communicate with them in the hopes of converting them from potential customer to current customer.

From Peter Levitan: Sales prospecting is efficiently going after and getting the new clients for your advertising agency that y’all deserve.

A ramble: All advertising agencies, digital marketing expert agencies, PR, well you get the idea, need to grow. If you have been reading me for a long time, I’ve told you that you start to lose that new client the minute they become a client. So, knowing that your clients will eventually leave by the back door means that you better be working hard at bringing them in the front.

NOTE: The following is NOT a definitive prospecting plan. I am just toplining the core elements that you have to do. Sales prospecting is both science and art. I help agencies every day get this particular act together.

Sales Prospecting

I am going to assume that you have a referral strategy so you have taken care of that critical business development tactic. But, you cannot rely on referrals and WOM alone for growth. Can’t, shouldn’t. Way too many agencies do this. need a referral plan? Here you go.

Your Brand Positioning Comes First

To be a great prospector, you need to offer the market, your specific market, a compelling brand proposition that will get their attention — one that resonates. You can do all of the prospecting you want but if you do not sound like you will meet a potential client’s needs then ‘fuhgettaboutit‘… you will be wasting your time and money. Need to rethink your positioning? Go here – How To Position An Advertising Agency. [Read more…] about Advertising Agency Sales Prospecting

Smart 2014 Advertising Quote From Mad Men

Peter · November 19, 2021 · Leave a Comment

A Very Smart Advertising Quote From Mad Men

I originally wrote this blog post in 2013 – a year that I published 189 blog posts (a year that my consultancy started to boom). This “Smart 2014 Advertising Quote From Mad Men” post had a brilliant message from Don Draper to all advertising agencies:

The day you sign a client is the day you start losing them.

This total factoid about losing clients is why advertising agency new business has to be 24 / 7 / 365. Only the relentless win. Sleep and you will close your doors. I couldn’t come up with a better ad for my business development consultancy. A few dozen + clients after 2013 and I will hammer this point – Only the way actively unignorable win at business development and agency growth.

I highly recommend that you peruse my over 800 blog posts on how to grow your advertising agency. And how to run your business development program 24/7. Here is my list just for you. It is Don Draper approved.

OOO The Critical Facebook and Instagram Mistake

Peter · October 17, 2021 · Leave a Comment

AH. The Big & Critical Facebook and Instagram Mistake.

I’ve been writing for PetaPixel, a leading photography website with over 7,000,000 page views per month. Here is an article I wrote that I think should be of value, as a thought-starter, for people in the advertising business. Frankly, I see advertising agencies and their clients relying way too much on Facebook and Instagram. That’s why I wrote Don’t Make the Critical Facebook and Instagram Mistake. You can see my PetaPixel work here.

OK, Stop The Mistakes

I have a good friend that uses Facebook as his photography business’s digital platform. I have multiple friends that use Instagram as their portfolio. This also goes for, yes to a lesser degree, using Behance, Tumbler, Model Mayhem, Imgur, and Flickr as a portfolio destination.

The primary issue for all these websites is that you do not own or control them. You are loaning your work to them and must abide by their rules and regulations. And future business model.

Oops

Both Instagram and Facebook recently went down for hours. This meant that beyond not being able to look at photos of your friends’ kids, if your photography world counted on either of these sites, your business and portfolio went down too. It’s like you did not exist. This was painful for millions of businesses, many of which only use Facebook as their business information website. I’d imagine that millions of dollars of sales were lost that day.

While this event was a Facebook server issue, are you sure that Facebook and Instagram, as we know them today, will be here in their current formats forever?

Forever, as in the place that you want to show your work – forever?

Remember Myspace?

For a few years, Myspace was the ultimate destination for musicians to share their work and build reputations. From 2005 to 2008 it was the largest social media site.

Popular musicians like Arctic Monkeys and Calvin Harris made their names on Myspace. Unfortunately trusting Myspace turned out to be a rather bad idea. From a Myspace press release:

As a result of a server migration project, any photos, videos and audio files you uploaded more than three years ago may no longer be available on or from Myspace. We apologize for the inconvenience.

“Inconvenience.” Really?

At that time, CNN reported that “Andy Baio, a tech expert and former chief technology officer of crowdfunding platform Kickstarter, warned that the music of up to up 14 million artists may have been lost.”

Own Your Work

Other than morality issues, I am sure that having your work on Facebook and Instagram is a good idea. Each platform reaches zillions and, in the case of Instagram, is known as a photography destination. Plus, you get the dopamine hit from all those cherished ‘likes.’

However, trusting these third-party platforms as your primary and forever marketing resource is a BAD idea.

I’ll state the obvious. Add your own website to your marketing mix. Yes, I know that this is obvious. However, in the case of Instagram, too many photographers trust it as their little photo universe. They may have a real website, but because they view updating as a pain in the rear, they do not keep it updated. Updating is in the eye of the beholder. Do you really have to show every photograph you take? Editing is a good thing.

A side note related to marketing: both of these sites are trending older. If reaching the under-35 crowd is important, you might be missing a sizable audience.

Your Partners Include Mark Zuckerberg

Deliver An Advertising Agency Newspaper

Peter · September 30, 2021 · Leave a Comment

Really? An Advertising Agency Newspaper. Peter, You Must Be Joking.

Websites are ephemeral. Social media is like the wind. Email. well email, just fades away. Same for LinkedIn messages. But paper, well paper sticks around. So, here is a suggestion. Consider having an advertising agency newspaper. Whoa… A newspaper? In 2021 or beyond. Yup.

Just to get the conversation going… that’s one of my photography series newspapers over there from my Mexico LaGente photo series.

I Am A Photographer. I Use Newspapers To Give Back.

I photograph communities (and dozens of people) around the world. I have created ‘newspapers’ as a follow-up for photo series I’ve done in San Miguel de Allende Mexico and Selma Alabama. It is a way that I give back to the community. People dig it. I’ve even gotten hugs in Mexico when I’ve given a newspaper to a person that has their photo in it. Hugs. Doesn’t your ad agency want a hug? See some pics of ‘hugs’ below.

Yo, Be Unignorable = Get attention = Creat An Advertising Agency Newspaper Or Zine

Ok, getting past that ephemeral digital problem. Go newspaper, or if you prefer a more modern approach – call it a zine.

Smart words get attention. Groovy imagery gets attention. Smart insights get mucho – repeat – attention. So, if you are going to the trouble of doing all this outreach work to get attention… why not try to really get attention. Go 1990’s and put it in ink. Let people touch your brilliance.

I Use The Newspaper Club

Go to the UK’s Newspaper Club for inspiration and, hey, why not use them to produce your groovy print work.

OK. One More.

Minneapolis’s video production company Current Resident also uses print / zines / newspapers…. whatever you want to call it.

Issues? Sure.

Yes, it is paper. Go green and make it eco-friendly paper.

Need addresses? Now that many businesses are back at the office – at least some of the time – mail is getting delivered to the right person. Or, you know what… ask people for their home address. I often send one of my The Levitan Pitch. books to people. They gladly supply their real address. These days, getting anything in the mail is like Christmas.

Paper in action. Hugs from my neighborhood. A FB post from a community leader.

Nike Loses Advertising Award

Peter · September 17, 2021 · 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.