Search Results for: bots

The Idiocy Of Ad Agency Christmas Giving

Peter · December 2, 2023 · 4 Comments

Yes, Most Ad Agency Christmas Giving Is Ineffectual

OK. It’s 2023 and what a wonderful year it has been. yMucho agency leaders are thinking… huh, shouldn’t we do something cool for our clients? Like, deliver a bit of ad agency Christmas giving. But, um, no, do not do that. So in honor of my magical anti-gifting thought and advice, I offer MY annual Christmas gift rant (or better yet, a strategic approach to giving).

It is that time of year again.

It is the time that many an ad agency decides that it is a great time of year to add to the upcoming ad agency (and universal) Christmas giving clutter. OY – Am I being Grinch-like? You bet.

Does your ad agency send out Christmas cards or gifts or online trinkets (or other creative ideas) to clients — even prospects? I call this practice ~~stupid~~ silly. Strong words? Sure. but, why am I saying this?

Look, I have nothing against season’s greetings. But, after working at a couple of mega agencies (including my own) and watching dozens/hundreds of agencies send out very “creative” Christmas (Chanukah, Kwanza, etc.) cards and gifts during the late-December season, I have to say this is very ill-timed even highly-inefficient outreach.

Silly gifting is wasteful in three critical ways: [Read more…] about The Idiocy Of Ad Agency Christmas Giving

An Optimized Search Engine Blog Strategy

Peter · May 22, 2022 · Leave a Comment

I started blogging in the early 2000s. I really cranked it up after I sold my advertising agency and became an advertising agency business development consultant. Below is a list of my blog posts. The subject matter of these hundreds of blog posts reflects my dedication to having an optimized search engine blog strategy. It worked.

My Optimized Search Engine Blog Strategy.

I am going to keep this easy. I could ramble on but these are the core elements of my blog strategy.

Understand your objectives. Mine is to entice advertising agency leadership to contact me about helping them develop an unignorable business development program. This has worked for me every week.
Understand and meet the needs of your market. You are writing for them. Example: My evergreen list that is just for advertising execs… Top Advertising and Design Awards.
Use all available SEO tools to help you determine trending subject matter and keywords. There are a bunch of tools listed on my advertising agency resources list.
Study your direct competition. What are they writing about? What are their best keywords?
Be consistent. As you can see, I have written, on average, over one post per week. In 2013 alone (when I wanted to really drive Google love), I wrote 188 blog posts.
Have your very own voice. Write with gusto,
Amplify the reach/frequency of your blog posts: post em on LinkedIn; use them in your agency’s email newsletter; send them directly to clients and prospects (even try paper), and on…
Go mega amplification. I am going to use some of these very best Levitan blog posts to form the basis of my new book.

OK – Here You Go… Levitan’s 750 Plus Blog Post Archive

The Perfect Advertising Agency Pitch

Peter · January 21, 2022 · Leave a Comment

How To Run A Perfect Advertising Agency Pitch

Avi Dan followed me as the guy running Saatchi & Saatchi Advertising Worldwide’s business development program (and, I think did a better job than me as by the end of my tenure all I could think about was the growing Internet space). Avi just wrote the following article on LinkedIn about the subject of the good, bad, and ugly advertising agency pitch. I thought that I’d respond a bit to his thinking because I wrote the New York Times best-selling book on how to run the world’s most powerful, new business-delivering ad agency pitch.

From Avi’s bio… “Avi Dan is a columnist for Forbes, a former CEO and board member of 3 major agencies, and a highly regarded agency pitch consultant. By his own estimate, he has been involved in over 200 pitches in the past 30 years.”

From Avi…

Q&A With A Pitch Consultant: “Don’t Hire The Agency That Inspires You, Hire The Agency That Is Inspired BY YOU”

In 2019, the year right before Covid, a Morgan Stanley analyst had reported that a record $35 Billion of advertising spending was up for review. That was almost more money hanging in the balance than the amount under review during the previous two years, combined. With the economy picking up now, advertisers are, once again, rethinking their agency relationships. Ad Age had recently reported that one-third of all advertisers stated that, they plan to put their business into a pitch.

Peter: One-third? Crazy. This really can only mean one of two things. Either advertising agencies are doing a shit job or clients have no clue what they really want from their agency. A smart client should be able to get smart thinking and service out of their own — current — agency. I have been an agency owner and a client. Good clients know how to manage their agencies. Well, most. It is absurd that one-third should think they have a failing relationship. Too high.

Q: Why do you think there are so many reviews lately?

A: If those numbers tell you anything, it’s that, advertisers aren’t happy with their agencies, even the good ones. For example, Wieden had lost KFC and Droga5 had recently lost IHOP. Marketing is much more complex these days, and very few agencies are capable of evolving fast enough to keep up with the needs of their client. What’s surprising isn’t that so much is in review, but, that it didn’t happen sooner.

Peter: Avi says… “very few agencies are capable of evolving fast enough.” OK, possibly true for many. But not Droga5 and Wieden. These best-of-class agencies are just too good, big and well-managed. So, I’ll point to clients as a failure point. By the way, how can anyone be expected to dramatically increase pancake and waffle sales during a pandemic?

Q: How are pitches different now?

A: The briefs for pitches that we see coming through to us now, are more transformational. Clients are deep into the digital transformation, and so is the consumer and the media. Technology, cloud services, eCommerce, data, and virtual CX are becoming critical issues for the enterprise.

Peter: The marketing world has been way about the idea of digital transformational since I left Saatchi in 1995 to put major newspapers online (and invent website advertising – yes, I did that) or in 2000 when my company Activebuddy invented interactive chatbots including SmarterChild and commercial bots for clients like Radiohead. Is Avi saying that the zillions of agency people that live and breath digital do not understand transformation? Could they be worse at it than a marketing director at IHOP? Side note. I have been a consultant in a few advertising agency pitches lately and every agency talks transformation or related subjects. How could they not?

Q: You are very critical of the pitch process. Why? [Read more…] about The Perfect Advertising Agency Pitch

How To Sell A Business

Peter · September 4, 2020 · Leave a Comment

Want To Know How To Sell A Business? Many Want To Do That Right Now.

I Wrote The Book: ‘How To Sell Your Advertising Agency. And, How To Buy One.” It Is Built For Anyone That Wants To Sell A Business.

I wrote the free, yes free, 57-page “How To Sell Your Advertising Agency” book so you will learn how to add significant value to your advertising, digital, and I mean it, whatever kind of company you have. Do you want the book? Just ask me or subscribe below or to the side. Yes, even free has its cost. But, hey, just do it.

How To Sell A Business & How To Buy One.

I bought and sold three advertising agencies. I also had two VC backed Internet startups. I get it. Here is a start for you – The Why and how of my buying an agency in 2002. The deal is to really know why you want to buy or sell and what you will do after the deal.

I will post about the other deals very soon.

Deal Number One – 2002. From New York To Oregon.

This deal had multiple objectives. I wanted to leverage my deep advertising and digital skills + buy a successful advertising agency + move out of the New York area to much greener, mellower pastures. The deal I was looking for would meet both business and personal needs.

I bought the Bend, Oregon advertising agency Ralston Group in 2002. At that time, I was living in New York and had left the position of CEO and founder of ActiveBuddy, a highflying Internet startup. We had raised over $30 million from VCs and individual investors and had patented natural language technology (earlier than SIRI) that we used to create the incredibly successful Instant Messenger Bot, SmarterChild. It ran on AOL, Microsoft and Yahoo. That was our “sample” Bot that had millions of followers because people liked to talk to a smart computer. The business goal was to create natural language Bots for brands and media. These Bots allowed people to talk directly with brands and information resources. Interestingly, our first paying technology customer was Warner Records’ hot band Radiohead. I could not have invented a cooler market entry.

Our company goal, like many other dotcom boom companies, was to sell the company to one of the majors. We in fact had deep negotiations with all when the dotcom dam burst. To make a long story very short, I did not get my “fuck you” money from a sale. Oh, don’t worry about me. I actually came out OK. Microsoft bought our technology.

After the dotcom bust debacle, I started to look for a company to buy. As an ex-Saatchi & Saatchi Advertising executive, owning an advertising agency was one of my options. I found Oregon’s Ralston Group though a classified ad in the Wall Street Journal – how 2002. Advertising in the WSJ was a smart move by Ralston Group’s owner. Here are the four main reasons I bought the agency.

The Ralston Group was a very smart and creative agency. Kevin, who would be my partner after I bought out the majority owner, was one of the best Creative Directors I had ever seen. The agency staff was also top notch. Without question equal to the talent I had worked with at Saatchi London.

The agency had a strong client list in Oregon and Idaho. Big community banks; major healthcare companies (hospital groups and Blue Cross); Sunriver Resort and Idaho Power and more. These clients came with recurring revenues. I knew that the addition of my Saatchi and digital startup background would help us grow.

The owner, who was looking to get on with her life after building the agency, was realistic in respect to agency valuation and – important to say – was easy to work with.

The agency was in the soon to be very famous Bend, Oregon. The idea of my wife and me raising our children near a ski mountain, rivers, fly fishing, mountain bike trails and, yes, even great restaurants and brewpubs, solidified the deal. We gladly gave up the usual two-month wait for a table at New York’s hottest new restaurant for 6,000 feet of fresh air.

Years later, I still view this as a very good business and personal deal.

Stay Tuned For More Stories On How To Buy Or Sell A Business. Plus More Expert M&A Podcast Interviews.

The next story will be about how I bought a design company that got me Nike as a major client. And after that one, how I sold my agency – and got lost in Mexico.

Oh, more… Here is a link to my podcast interview with a major M&A expert. You’ll hear how to sell – the details about how to do it that is.

My Story

Me Today

I know more about the art and science of advertising agency business development than any other human. My programs deliver a detailed strategic plan sandwiched between efficient branding and messaging programs that are designed to make your agency unignorable. Talk to me.

I wrote the best-selling The Levitan Pitch. Buy This Book. Win More Pitches.

My latest book, How To Build A Kick-ass Advertising Agency is the only book you will ever need about agency management. I mean it.

Oh, and I also wrote a book about Baby Boomers (I am rewriting that) and two photo books about the cannabis industry — Portlandia and Jointlandia.

Me In 20 Seconds

During 16 years at Saatchi & Saatchi Advertising Worldwide, I ran business development across Europe and the USA was EVP Management Director in London and New York, and was GM of the Minneapolis office.

From 2002 to 2012, I owned Citrus Advertising in Portland and Bend Oregon. Clients included Nike and the U.N.

I was CEO and a founder of two major Internet startups during the dot-com boom. Advance Publication’s New Jersey Online was an early leader in online news, and the intelligent bot company ActiveBuddy was sold to Microsoft in 2006.

I am a New York native. I now live in San Miguel de Allende, Mexico.

Me In 2 Minutes

I went to the San Francisco Art Institute to study photography. That led to SF’s Levitan & Feinstein Photography. Our clients included San Francisco Magazine, Robert Mondavi Winery, Sonus, and Visa.

I joined New York’s largest Mad Men agency Dancer Fitzgerald Sample Advertising in 1980. DFS had golden clients that included P&G, Nabisco, General Mills, Hanes, Wrangler, Toyota, and HP. One of my clients invented email.

Saatchi & Saatchi bought DFS in 1986 while I was running the Minneapolis office and the global Northwest Airlines account. I started to buy English suits. I won EFFIES that delivered sales from content marketing. This was content before we called it content.

I moved to Saatchi’s London office in the 90s as European Director, business development director, and managed Johnson & Johnson and other accounts across Europe. I bought more English suits.

I discovered early-stage digital marketing when I returned to New York in 1995. After AOL’s President Ted Leonsis told me to “get the fuck out of advertising”, his exact words, I left the agency to invent the online newspaper industry for the third largest newspaper group and Conde Nast. The Newspaper Association of America named me its New Media Pioneer.

In 2000, I founded the startup ActiveBuddy, raised $30 million, and lead the world of natural language bots. Our SmarterChild bot had over a trillion Instant Messenger conversations across AOL, MSFT, and Yahoo. Microsoft bought the technology in 2006.

I moved to Bend and Portland Oregon in 2002 and bought the ad agency Citrus. Our clients included Nike College and MLB AOR programs; multiple banks; healthcare accounts including the five-state Providence: hospitality accounts including Harrah’s Casinos; the Montana Lottery; Seaswirl Boats and LegalZoom. We delivered national and uber local advertising.

I sold Citrus in 2014. I’ve bought and sold three agencies. I know the art of buying and selling agencies.

I have spoken at the 4A’s, the ANA, Newspaper Association of America, Hubspot, Radio Advertising Bureau, international and regional advertising orgs, and recently at marketing universities across India.

What I am Doing Now

I counsel and coach advertising, digital, and PR agencies worldwide on how to build kick-ass business development programs and be UNIGNORABLE.

I wrote How To Build A Kick-Ass Advertising Agency and The Levitan Pitch. Buy This Book. Win More Pitches. I have over 1,000 blog posts on business development. Over 3,00,000 views.

I toggle between San Miguel de Allende, Mexico’s coolest city, and the USA.

This is from a few years ago. I know more about advertising than Donald Trump. That’s not a difficult thing to say. I hope that you find this as funny as I do. Even Obama thought it was funny.

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