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The Biggest Advertising Agency New Business Secret

February 28, 2021 By Peter Leave a Comment

The Biggest, Most Important Advertising Agency New Business Secret.

Ogilvy Mather UK

It’s Sales Stupid.

Back in 1992, James Carville, Bill Clinton’s strategist said, “It’s the economy, stupid” to make sure the Clinton campaign remembered what was critically important to the American electorate. So, taking my cue from James, I offer that “It’s sales stupid”  is the biggest, most important advertising agency new business secret.

An advertising, design, PR agency new business program, marketing materials, presentations (even daily conversations with existing clients), and new business pitches are all about sales. Sounds obvious, right? The problem is that ‘sales’ can be a dirty word at some ‘creative’ agencies. If you think that I am overstating this, take a look at a few agency websites, and ask yourself if they are designed to be high-octane sales experiences that drive leads or just well-designed agency brochures. I think that the Contact page is a number one offender. Contact copy like, “Give us a call” is simply not a romantic way to begin a relationship.

An Advertising Agency New Business Secret

A discussion of how to use the science of salesmanship in an agency presentation could fill a book. I’ll be brief and hit what I think are the most effective techniques we can learn from the masters of salesmanship. Allow me a brief detour first.

I left advertising in 1995 to put a group of New Jersey newspapers online for Advance Internet (the digital newspaper arm of the Newhouse Media Group – you know them as the owner of Condé Nast). In addition to inventing New Jersey Online’s digital newspaper editorial persona, we also had to build an early online sales program that included the design of new advertising units and a sales pitch for this new Internet platform. To help me, Advance brought in Jim Hagaman from the Miami Herald. Jim was easily one of the savviest media salespeople I had ever met.

Within a few days, I had gone from thinking that I knew how to sell (i.e. running business development at Saatchi & Saatchi), to jettisoning much that I had learned, to watching a master actually make sales in the nascent Internet marketplace. Much of what you see below came from Jim.

One of his more interesting sales insights came when I said that we needed to go pitch New Jersey Online to New York advertising agencies. He said, whoa boy. In his experience, agencies always mucked up the sale. They wanted to put their own stamp on the sales message, usually got the details wrong, and always slowed down the process. He said that we were going directly to the clients to explain the benefits of digital media. As I eventually witnessed, he was right.

Actually, here is one more super insightful story that will introduce my next point, which I admit might be a “duh” for some of you.

You have to understand your client’s mindset, needs, pain points, rationale, and emotional motivations before you can ever craft an effective sales pitch.

I learned this lesson at my first agency pitch for New Jersey Online. I figured I’d start with my very own ex, the New York office of Saatchi & Saatchi. I knew the agency inside and out and had worked with their Executive Media Director Allen Banks for years. My pitch included a 1996 hockey puck graph of projected Internet usage and a discussion of digital advertising that touted our newfound ability to track how website visitors viewed and interacted with online advertising. Was Allen smiling? No. His reaction?

“Are you f*cking kidding me? We have made a fortune not really knowing how, when and for how long consumers have been looking at our ads. I manage hundreds of millions in advertising media placement. Knowing how much of it doesn’t work will kill our golden goose.”

My point in telling you this story is that I didn’t think through Allen’s motivations before I delivered my early online advertising sales pitch. By the way, he was right. The Internet sure seems like it killed some parts of the golden advertising goose.

More Sales Advice

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Want Advertising Agency New Business Leads? The Ratti Report Delivers

February 26, 2021 By Peter Leave a Comment

advertising agency new business leadsSteve Ratti  And The Ratti Report – Advertising Agency New Business Leads Served Up Daily…

As Steve Ratti, the Managing Editor of The Ratti Report says:

“Ratti Report is the leading digital newspaper for ad agencies aggressively seeking pitchable new business intel. Celebrating 10 years in publication, we continue to track down great clients for our great agency membership.”

The bottom line for The Ratti Report is that it delivers 1,000 or so actionable advertising agency new business leads per year – a few new ones each day.  These are go-for-it leads for the advertising agency universe. Yes, not all leads will be perfect for your agency. But, hey, some will be if you are good at sales.

Check out my conversation with Mr. Ratti on how he does his magic, how advertising


Steve Ratti on LinkedIn.

The Ratti Report.

YO – Hypnotism coming: Remember to subscribe to Advertising Stories. Remember to subscribe to Advertising Stories.

Remember… so you will hear my whole series on virtual pitching.

A nice thing for me… Feedspot has recognized Advertising Stories as being a top 15 advertising podcast.

Episode is Live

Published: Feb. 24, 2021 @10AM Edit

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How To Get Advertising Agency New Business Leads – The Ratti Report

February 24, 2021 By Peter Leave a Comment

Advertising Agency New Business LeadsEver since running Saatchi & Saatchi Advertising’s new business program + my two internet startup’s sales groups + generating advertising agency new business leads for my own agency + getting people like you to visit this page and then contact me… I have figured out how to generate advertising agency new business leads. So, beyond talking to me, I also recommend that your advertising agency check out my quickie checklist below and Steve Ratti’s The Ratti Report.

How To Drive Advertising Agency New Business Leads

Here is a quick ‘just do it’ list for lead gen.

  • Make sure that your agency is findable by the clients that are looking for a marketing services firm like you. Are you findable… on Google searches? On the right industry lists? On directories like Clutch?
  • Go ahead and use B2B advertising. LOL – I’ve heard that advertising works.
  • Build a new business hot list based on your smart approach to targeting the right clients. Then go out and intelligently, and unignorabily, reach out to the list via savvy account-based marketing. Ya know, direct marketing. And, deliver fabulous & unignorable hard to ignore insights and thinking.
  • Do the smart social media + SEO thing so people find your brilliant text and video and audio smarts.
  • Please make sure that your website is actually designed to drive leads. This does not happen by just having a static boring me-too contact page.
  • Buy smart business lead services and industry databases. Start with The Ratti Report.
  • Hear Borat love me. I now have video testimonials for my biz from Borat, Gandhi, and Trump (2X). And, yes, moving on from Donnie. But, it was funny at the time.
  • Read this list of my blog’s 800+ new business posts.

Listen to my podcast interview with The Ratti Report’s Steve Ratti who serves up new business leads every day…

 

 

Top Advertising And Design Awards

February 11, 2021 By Peter 3 Comments

A Lovely List Of The Top Advertising Awards

top advertising and design awardsPut yourself in a marketing client’s shoes. They want to find and select a new advertising, digital or design firm. How to do that? They ask friends; take hours searching the Internet; maybe your agency got its account-based marketing down and the client now knows about the agency; the client hires an agency search consultant or… maybe they look at the top advertising and design awards to find an agency that a third party loves. A third party that gave the agency an award and big kisses. In a world of over 4 trillion ad and digital agencies, a client needs some help.

This list provides a list of the top advertising and design awards plus: deep thoughts on why you should even bother doing the advertising award game. This game is costly and time-consuming.

Across my global and regional advertising career, I’ve won big creative awards like the One Show, EFFIES and regional ad awards. There is a system to winning… Here are my views on advertising awards objectives and strategies. It is mindblowing how many advertising agencies do not know how to enter an award show — to win.

Note: This advertising awards list gets updated. Let me know if I am missing an award.

Another note: This is obvious but is worth mentioning. Even if you do not want to send out an award entry, these websites will point you to a great place to steal ‘winning’ ideas.

Advertising Awards Are Good… But, Maybe Start Here: Why Enter Award Shows? Do You Have A Strategy?

Winning the right advertising awards is good for business and agency and client morale. Just make sure you know why you are entering. Too many agencies don’t approach the award process with a plan or objectives beyond the search for ego fulfillment. This can make the whole effort a bit too C R A Z Y. But, you know that. Or, do you? Go here to hear an advertising award judge on his less than optimal experience reading agency entries.

I have a memory about the power of awards from my first day at Saatchi & Saatchi London way back in the 1990s. I walked through the creative floor and noticed a tall glass case randomly stuffed with lots of creative trophies. This haphazard display delivered two messages: 1) Saatchi wins lots of awards and 2) they don’t take these too seriously. Of course, the second point was bull shit. Saatchi was always about looking like a winner and the award case proved that point in a cheeky manner. It worked better than the usual and obvious shelf of awards that sit behind the ad agency receptionist’s head.

I have always had mixed feelings about advertising awards. On one hand, they are, like winning an Academy Award, i.e. ridiculous. No one ad, digital program or actor is the “best.” On the other hand (the one with the wallet), they are way expensive. As an agency owner, I often cringed when a creative director came to me with his hand out asking us to spend hundreds on award entries.

However money aside, advertising awards have some very big advantages for agencies, clients, and creative-class workers:

The awards celebrate creativity itself. Creative strategies, art, copy and the media platforms that deliver the work.

They help our most talented people get noticed.

They help smart well-designed agencies get noticed by occasionally confused clients who need second party confirmation when selecting an agency. To me, this is a very important point and one that makes writing those increasingly expensive entry checks worth the cost. Awards should be a big part of an agency’s business development program – not just an ego stroker.

To put all of this go-for-it into context, I wrote about the Portland agency Pollinate a few years back that has done very well (!) by hammering Advertising Age’s Small Agency awards show. The blog post, “How To Win The Ad Age Small Agency Award? Twice?” is a demonstration of the value of entering and winning an award that has meaning for prospective clients because it is delivered via an industry-leading publication. Check it out.

Last point before the list. Award judges have told me that around 30% of agencies do not know how to create an entry that is designed to win. Poor copy, poor strategy, even typos. Many agencies rush through the process at the very last minute. Do you? Do you have an annual award plan? Who is in charge?

My 20 Favorite Advertising & Marketing Awards

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The Big Advertising Agency Resource List

January 30, 2021 By Peter 24 Comments

Advertising Agency Resource List – Updated Often

My advertising agency resource list is curated to help advertising, digital, design, and PR agencies easily find the inspiration and industry resources that will help y’all build killer agencies and careers.

If I were you, I’d grab a glass of Larkmead Cabernet Sauvignon 2016 and check out all of these links. I guarantee that at least one of these websites will help you or your team grow your agency. Therefore my friends, share this page with your friends, family, and staff.

I wish I had this advertising resource when I was in the ad biz. All I had was my brain. – David Ogilvy

OK, one more. This here Peter Levitan blog has over 800 posts dedicated to helping your marketing communications company grow. I hope that my insights on the art and science of agency business development, growth and management help you to make more bucks. Speaking of resources, take me up on my Corleone offer. 

A Couple Of Quickies:

Need A Headline That Grabs?

The Portent Content Idea Generator. Yes, it is a bit crazy. But, it does stimulate the mind looking for a click-bait headline for your blog, Instagram thing, or whatever. Put in “advertising“. Then laugh.

Website Speed Is Good.

Google PageSpeed Insights. Do you know how fast your website download speed is and how its performance ranks against your competitive agencies? Here’s the drill. If your site takes too long to download, it will lose some traffic.

Google’s Mobile-Friendly Test. Here’s another very important test. If you are like me, over 20% of your website visitors are looking at you on a mobile device then you better make sure that they are digging how fast your website loads.

BROWSEO.We might be getting a bit geeky here. That said, BROWSEO helps you view any web page like search engines see it. The tool helps you to identify issues with your site and with your current and future clients’ websites.

And, To help Your Thought Leadership Program: What Are People Searching For?

AnswerThePublic. This is a free visual tool that shows you what questions and queries your consumers have by getting a free report of what they’re searching for at Google.

Exploding Topics. Yes, just like it sounds.

Google Trends. Chances are good that you are aware of Google Trends. This a powerful tool to help you know what is hot and what is not on Google’s search universe. A look at the top 2019 Google searches may or may not make you a fan of humanity.

Social Mention.  Ever wonder what the world is saying about you or your company? Here you go.

The Advertising Agency Resource List…

Advertising Agency News Sites

Ad Agency Directories

Top Advertising Blogs

Favorite Social Media Tools

Video Marketing Tools & Information

Creative Inspiration & Idea Generation 

Creative Space & Time

Online Advertising Education

Online Legal Resources

Life After Advertising & How To Make $$$

Top Ten Twitter Tools

Top Advertising And Design Awards

Marketing & Advertising Podcast

Marketing Tool Generators

Advertising Agency News Resources

  • The Ratti Report. Your agency needs fresh business development leads, right? So check out this website for a daily list of business development opportunities. News you can use to buy that new Tesla Roadster.
  • Advertising Age. Ad Age delivers the latest news from the world of advertising and marketing agencies.
  • Ad Asia Online. AdAsia Online focuses on automation, advertising technology, and creative technology,
  • AdNews. Australia’s advertising, marketing, and media industries news resource.
  • Adweek.  Adweek covers media news, including print, technology, plus.
  • branding in asia. Need to know what’s up in the Asian marketing and advertising world? Sure you do. Check out this comprehensive resource for creative work, news, interviews, and insights. Read it and you just might take the next non-stop to Singapore.
  • Business Insider. Business Insider’s daily take on the ad industry.
  • Campaign Asia. Campaign Asia reports on advertising and emerging media in the Asia Pacific region.
  • Campaign Magazine. Ad industry news from the UK’s advertising industry “bible”.
  • Communication Arts. Print publication offering competitions, forums, feature articles, job bank, graphic design resources and online shopping.
  • Creative. The magazine of promotion and marketing.
  • Digiday. Digiday creates content, services, and community that foster change in media and marketing.
  • Direct Marketing News. Provides news, feature articles, columns, and special reports on direct marketing.
  • The Drum. The alternative to Campaign. Delivers lots of news and views.
  • MediaPost. Comprehensive advertising and media industry coverage.
  • TechCrunch. Keep up (or try to keep up) with the fast-paced world of startups and VC’s.

Ad Agency Directories

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