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Does B2B Social Media Still Work?

Peter · June 11, 2019 · 2 Comments

Does B2B social media marketing still work for advertising agencies?

I’ll get to that answer in a minute.

Background: I have been thinking of writing a book on the why, how, when and when to move overseas. Thinking about this is a result of my being asked every week about the how and why I moved from Portland, OR to San Miguel de Allende, Mexico in 2016. My book would be crammed with facts by country, the personal side of living overseas (with many interviews with digital nomads and expats) and associated benfits and costs.

I mentioned this new idea to my wife and she asked me… why not a blog? It has an ongoing life and gets written in manageable chunks vs. a static book. Plus a blog can be monetized. Publishing books in 2019 is a pain in the ass – for both traditional publishers and self-published authors (I know, I’ve published four books).

Of course, like so many business endeavors, the rubber hits the road when one starts to figure out how to market the blog or book. That is how I got to starting to think about how to grow an audience.

Me

This blog has gotten between 75 and 60 thousand visitors a year. I’m happy – these are strong numbers for a focussed blog about advertising agency business development.

I know that growth has come from a small set of factors.

  • I started in 2012 when there were significantly fewer blogs in general and a smaller set of advertising agency consultants.
  • I have strong SEO skills that have helped me to live on page one for the right Google searches.
  • I did a lot of guest posting from 2014 to 2016. This got my name and URL out there.

However, like many of my marketing friends and agency clients, I am seeing a reduction in traffic. I believe that this is a result of market shifts:

  • Competition for B2B eyeballs is much stronger.
  • Organic reach is tanking. Google is less friendly (for many reasons).
  • Mobile viewership continues to grow (smaller screens do not help me get shares and convert – this might be an arguable point).

Spend Money

Many of the agencies that thought that all they had to do is to spend the time writing brilliant blogs posts to build audience are not getting the traction they had hoped for.

The solution… you must market your social media programs. Even $100 a month marketing budget can help your company’s social media program reach its prospects. Passive is way too passive in today’s competitive social universe.

But… writing blog posts and managing LinkedIn and  Instagram and even more costs money and time itself.

My solution is at the bottom.

Daunting Social Media Facts

Here are some facts about social media platforms in 2019 that might cause a marketer to really think hard about the competition for eyeballs.  Simply put, given the growth in all social media platforms, can your blog and other social media efforts ever deliver the audience you seek? I come to this question via both my personal journey and watching dozens of advertising agencies fail at driving interest via social media.

  • Blogs: There are over 500 million blogs. WordPress alone estimates that there are 60 million WordPress blogs.
  • LinkedIn’s monthly active user base is over 260 million (Apptopia).
  • Instagram: Instagram has over 1 billion monthly active users. More than 500 million use the platform every day (Statista).
  • Facebook: Over 2 billion active users (Statista).
  • YouTube: Total number of YouTube monthly viewers worldwide – 149 million (Statista).
  • Twitter: From the Washington Post – “Twitter claimed 321 million monthly users, down 9 million, or more than 2 percent from the same time last year.”

Repeated Point Coming

(!) The solution… you must market your social media programs. Even $100 a month marketing budget can help your company’s social media program reach its prospects. Passive is way too passive in today’s competitive universe.

(!) Something else to consider – really grow your account based marketing program. Go beyond social media marketing to doing more direct marketing to your list to make sure your sales message is delivered.

Oh, try this: Talk to me.

 

11 Must Have Ad Agency Business Development Tools

Peter · June 8, 2019 · 1 Comment

11 Must-Have Ad Agency Business Development Tools (Updated From 2014).

http://www.dreamstime.com/royalty-free-stock-image-hand-tools-kit-isolated-image26271476NOTE: I first wrote this 11 Must-Have Ad Agency Business Development Tools blog post at the very end of 2014 and a few minutes ago the website checker app Checkbot pointed out that this post has a couple of dead links. (4.5 years later and it is interesting to see what tools have survivied). So, I thought that I’d repost and make things work. I suspect a reason for the broken links is that some of these tools are history. Here is what I found.

Back to 2014 – it is still worth the read… Blog post Consistency, actually the lack of it, is one of the most pressing issues that reduces the effectiveness of most advertising agency new business programs. So… Here are some ad agency business development tools that I recommend to keep your agency’s new business and content development program on track. (Tweet this.)

These tools (and there is a big world of tools out there these days) will help your efficiency and, more importantly, make you look like a subject matter expert because you are on that ball. Even better, as you use these tools for your own business development efforts, you will be gaining social media expertise that will dazzle your client prospects.

Clients (the ones you do not have yet) need your help according to this research from  Ascend2.

When Will the Social Struggles Stop eMarketer

Almost half of the clients surveyed have significant social media obstacles to overcome. You can help them by helping yourself.

This list of 11 tools is my first set of recommended online social media management tools. There will be more coming. [Read more…] about 11 Must Have Ad Agency Business Development Tools

Google Will Screw Your Ad Agency

Peter · May 14, 2019 · 2 Comments

Google is going to screw your ad agency.

Or, better said, they are going to mess with your organic listing. Which means, that your ad agency will be harder to find. And, therefore screwed.

Many of the ad, digital, etc. agencies I talk with tell me that their SEO is not delivering the power that it once did. Between ads taking top positions, Google’s desire to answer your inquiry right on page one in a snippet (like Google’s answering what the tallest tree is in a two-sentence snippet so you do not even have to go to the expert tree website).

Google is changing, again.

I urge you to go to Neil Patel’s How Google’s New Layout Predicts the Future of SEO to read an in-depth review of what Google is doing/considering. Believe me, this is not good news for you or me since I get the majority of my leads from a Google search.

From Neil: The big trend is that the organic search results have been drastically pushed down below the fold. Roughly by 3.3X.

How does that look? Pretty bad folks. One example… who is ever going to see that blog that you spend hours crafting?

 

What To Do?

First of all, the benefits of a Google search will not go away. Sure your ad agency might be on page two or three but I am going to imagine that people will scroll down a bit more to see the organic lists. OK, maybe. What can your ad agency do? [Read more…] about Google Will Screw Your Ad Agency

Where Do Advertising Agency Clients Search? Could Be Agency Spotter

Peter · April 25, 2019 · Leave a Comment

 

Where do advertising agency clients go to search for new agencies?

To answer this critical question, you have to think like a client. However, putting yourself in the shoes of a client looking for that new shiny advertising, digital, etc. agency is not easy. Some client prospects are sophisticated buyers, more are not. Some have selected agencies before. Most have not.

I’ve written at length about how prospective clients find advertising, digital and PR agencies. You can read a bit here… “Ten Ways To Advertise Your Advertising Agency”.

But let’s keep it simple. There are essentially two primary methods of being found that you can manage…

  1. You work to let prospective clients know that your agency exists (direct account-based marketing; advertising; press; awards shows, ah, yes, actively managing referrals, etc.)
  2. You are visible where and when the client is looking (Google position; inbound-directed content marketing; agency and agency key employee LinkedIn profiles; agency directories; ad club lists, etc..)

Sure, there is a bit of a Homer Simpson ‘doi’ factor here. But, believe me, many agencies do not take advantage of every awareness opportunity that avails. A side story. When I moved back from Saatchi London to run North American business development I asked a competitive NYC agency principle, his name was on the door, what worked. He said’ “I have no clue what is the most effective business development strategy, so we do everything.”

More history. Fifteen years ago, I found out that my Portland agency’s previous owner had placed ads for us in the Yellow Pages (!) by the agency getting a Yellow Pages driven-lead from the USA’s largest saltwater boat company – we won the account. Who could have predicted that the boat company’s CEO used the Yellow Pages to search for an agency? Learning  = be everywhere that makes sense. OK, I’d pass on today’s Yellow Pages (I think).

Agency Spotter

The agency search website Agency Spotter is a very active agency awareness resource.

Agency Spotter was launched in 2013 to help marketers find the right marketing communications agency. Believe me, in my role as an ad agency client, 1995 to 2002, finding the right agency and making this critical engagement decision was not easy. I had run business development at the world’s largest agency but even with that personal experience, it was a tough process for me to find and select the right agency.

Here’s Agency Spotter’s mantra.

Agency Spotter is reinventing how brands find and work with creative agencies, design firms and marketing service providers.

For every business, finding marketing agencies takes significant time and is full of risk. Agency Spotter’s aim is to help change that. Our digital platform makes it much faster and free to find great agencies and design firms that fit the needs of brands and provides more information to help them make confident decisions.

Whether you are a subject matter expert looking for a small niche agency to inject some innovation in a specific area of your business or you’re a marketing leader searching for a digital agency of record, Agency Spotter makes it easy for agencies and brands to find one another and work smarter together.

I recently had the opportunity to interview Agency Spotter’s founder and leader Brian Regienczuk about the service and its 2019 Marketing Trends Report. A survey of marketers.

The 2019 Marketing Trends Report

You can download the 2019 Marketing Trends Report here. There is some very good news.

  • 57% of CEO’s and 63% of CMO’s expect to increase their 2019 marketing budgets.
  • Marketers still dig advertising. “Advertising” is Agency Spotter’s most searched service.
  • Today’s pool of decision makers is much more diverse. I find it interesting that 42.2% are 25 to 34 in age. Clearly, a high concentration of digital natives.
  • If you are a woman-owned agency, you are in good shape. There were 74% more searches for ‘woman-owned’ agencies year over year.

OK, got to go here. There is some bad news for your advertising, digital and PR agency on Agency Spotter. You are in a highly competitive environment.

A search of the agencies listed on Agency Spotter turned up 2,302 advertising; 660 PR; 1,124 digital strategy and 696 social media agencies. And, there are even more sub-categories. This is bad news if your agency is not listed (a basic listing is free). As you might expect, if you pay more and you get more awareness goodies. [Read more…] about Where Do Advertising Agency Clients Search? Could Be Agency Spotter

10 Ways To Advertise Your Advertising Agency

Peter · March 27, 2019 · Leave a Comment

Do you advertise your advertising agency?

Based on my industry experience, most do not. This means that agencies are not aiming and tailoring their primary sales messages to their target audiences.

This post offers 10 ways to advertise your advertising agency as well as the why you should to it, like, yesterday.

Caveat: You should seriously consider advertising your advertising agency. However, you should first run a smart, consistent account-based marketing program to directly drive agency awareness to your best prospects.

Advertising – A Definition

Just for the heck of it, and to get us all on the same page, here is a definition of advertising. I use ‘advertising’ as a universal term for marketing communications companies.

Advertising is a means of communication with the users (or, non-users) of a product or service. Advertisements are messages paid for by those who send them and are intended to inform or influence people who receive them, as defined by the Advertising Association of the UK.

Why An Advertising Agency Should Advertise

There are four reasons an agency should advertise.

  1. You want to be where prospective clients look for agencies.
  2. You want to put your agency right in front of the right prospects (and even busy agency search consultants like Laura Bajkowski) 24/7.
  3. You want to borrow the interest that on and offline publications can deliver.
  4. You want to prove that you believe in advertising and that you are super creative.

10 Advertising Platforms Your Agency Should Consider

WARNING: Most likely, your agency cannot create and run efforts on all of these platforms. Roll them out based on your marketing plan.

TEST: Test everything. Do more of what works and less of what does not. Yeah, I’m being very obvious. But, testing is the mantra. Your clients want ROI. You do too and running your own programs may make you a better judge of how to judge success across advertising channels.

In addition to listing the ad platforms, I am also giving some, not all, of the reasons that a local/regional agency and an expert agency (example, lead gen B2B agency) should choose the platform. This is meant as food for thought. There are too many types of agencies for me to give every iteration. But, you get it.

Update: It is five hours after I wrote this. I now have number 11. It’s at the bottom of the list.

1. Google AdWords.

Every client in need of a new agency searches on Google. If you are not on page one for the search, buy the position.

Do keyword research and buy the keywords that meet your reach objectives.

Local/regional agency. It would be insane to not try to be on Google’s page one for your location. Example: if you are based in Seattle, buy ‘Seattle advertising agency’ or ‘Seattle SEO agency.’

Expert. Buy ‘Lead generation agency’ or ‘high tech leads agency.’ Do you want Purina as a client? Think about what their marketing team searches on.

2. YouTube.

I have an agency client that produces an interview with marketing leaders every month. They blast them out in emails, on their blog and… yup, leverage the power of the number two search engine to aim their videos at their audience. The agency also retargets. Since there are fewer results on YouTube than on Google, the agency gets more attention (and, yup, these videos also turn high up in Google searches.)

It would real easy for a local agency, most are, to ‘own’ their town’s video world. How about a weekly where to eat in Kansas City series shot on an iPhone?

Need inspiration? Here is john st.’s rather viral video (as of writing it has 2,447,266 views) about the power of Catvertising. Frankly, has any other agency ever had over 2 million views?

3. Advertising Agency Directories.

This is a serious no-brainer that many agencies do not take advantage of. In many cases, an agency directory is on Google’s page one and lists your competitors.

Make sure you are every relevant agency directory and spend the cash if it nets you a higher position or allows you to deliver more information (i.e. your work) and, especially, a link back to your website. [Read more…] about 10 Ways To Advertise Your Advertising Agency

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