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Ten Important Questions For Your Advertising Agency

Peter · October 31, 2023 · 1 Comment

Ten Important Questions For Your Advertising Agency Ten Questions Every Advertising and Digital Agency Has to Answerer to Lead the Market

But First… Some Pain. The Why I Wrote: Ten Important Questions For Your Advertising Agency 

There is a high degree of fear, doubt, and uncertainty in the Advertising Industry. According to the 2023 RSW/US New Business Report:

            “This year (2023), 58% of agencies report obtaining new business has been harder, or a lot harder, compared to the previous year.”

            “38% of agencies said the number of opportunities for new business decreased this year, versus 26% last year.”

As an ex-agency owner and the Director of Global Business Development at Saatchi & Saatchi Advertising Worldwide, I know these facts are insane and worrying.

Frankly, only kick-ass agencies will survive.

Here Are Ten Questions (and Thoughts) That Will Kick-Start Your Agency’s Success.

These are food for thought. This is where I start with my advertising agency consultation clients.

  1. Do You Update Your Business Plan? How hard do you look at and possibly adjust your business plan? How will you generate maximum revenues and profits moving forward? Do you adjust? Do you understand your Total Addressable Market (TAM)? I have a one-page business plan guide in my book, “How To Build A Kick-Ass Advertising Agency.”

  2. Have You Defined Your advertising agency positioning? This is a tough and hard look at your primary brand proposition. Stand out. be clear. Be compelling. Be an expert. Expert agencies win more clients and get bought faster.

  3. Do You Have a Competitive ++ Sales Oriented Website? This is one of the first places that anyone sees your agency. How do you rank vs. your competition? What do you say (fast!) that will get a prospect to pay attention and want to dig in? In many cases, you only have around five seconds to make me pay attention, decide you are right for me, and stick around vs. the other 3,999 advertising, digital, etc. agency websites. Your website is a sales tool. Sell!

  4. Is Your Business Development Plan A Winner? How have you managed your plan over the past year? My blog has 850+ blog posts discussing how to market your agency. Plus, I’ve written two advertising agency “guide” books just for you on this rather critical

  5. Have You Perfected Account-Based Marketing? You do this, right? If so, how? I am blown away by the number of new, smart, easy-to-use AI-based marketing tools designed to energize and streamline your marketing. Ask me about them.

  6. Are You a Thought Leader? Are you an active and efficient thinker, blogger, LinkedIn guru, or podcaster? How do you look on LinkedIn, YouTube, Instagram, and TikTok? Are you perceived as a category thought leader? What do your analytics tell you?

  7. What Is Your ‘findable’ quotient: Can I find your advertising agency if I search for you or your expertise? You should be everywhere I might search for you. Your competition will probably be there.

  8. How Is the Client List? Does your client list look powerful to an outsider? Do you know how to position your client list for business development? Do one or two clients account for too high a percentage of your revenues? If so, go out and get new clients. And love the one you are with.

  9. Got Intellectual property? Do you have any IP? Something that will differentiate and add sustainable value to your agency? You can do this. I know how to make this happen by hyping your current client-facing systems and licensing white-label tools.

  10. Do You Manage Your Creative Vibe? How does your creativity stack up, and how do you prove it? I am talking about the vibe of your creative ideas, use of media, and just plain methodology to help clients stand out.

One More BIG One. Man Bites Dog.

Is your agency, as in, for example, #digitalagency Unignorable? If you are, um, ignorable, you will not win. It is that simple. I concentrate on how to make agencies UNIGNORABLE.

Dog bites man, isn’t unignorable. Man bites dog is. What is your breakout message?

Here It Comes – An Unignorable Offer

Take me up on my free Godfather offer. This is an offer you can’t—or rather, shouldn’t—refuse.

Need a starting point? Let’s talk for 15 minutes—just 0.25 on the timesheet— to discuss your agency’s issues & opportunities and how I will help you build a more powerful advertising agency business development program. You will leave the call with at least one powerful business development idea. I guarantee it.

Here is my calendar: www.calendly.com/peterlevitan

Improve Your Advertising Agency Brand

Peter · September 27, 2023 · 1 Comment

The Power of Personal Chemistry and the Advertising Agency Brand

The advertising agency brandI’ve talked a lot about how a stand-out, unignorable advertising agency brand can make or break your agency’s ability to attract the attention of a new client. Plus, the personal side of an agency brand can determine if you can win or lose a pitch.

Yo People Power

There seems to be one aspect of pitching that keeps coming up over and over and rises to the top of almost everyone’s list. That is the idea that agencies ultimately win or lose based on interpersonal chemistry and corporate culture alignment. How do I know this? I’ve asked a dozen advertising agency consultants about what works and does not in a pitch since so many agencies sound and look alike.

People win pitches.

Manage Personal Chemistry

My fear with the chemistry thing is that it can appear to be something that is just nature vs. something that can be managed and created. There is a school of thought that says that you either gel with the prospect or you don’t. Sorry, Advertising agency Business Development Director, it’s all about a managed chemical reaction, and that’s why it is called chemistry.

Yikes. After preparing a smart, tight presentation, are we ultimately at the mercy and vagaries of some mysterious and unmanageable human thing? Pheromones, anyone?

I refuse to think that we don’t have any control. I don’t like the idea that after the long and expensive journey from an agency’s business development outreach to RFIs, RFPs, and then on to the final presentation, it all comes down to fate: the client either digs you, or they don’t. It just sounds way too passive.

So what can we do to build chemistry?

Let’s start with what not to do. Do not make any of the mistakes discussed in the early chapters of my The Levitan Pitch. book. Think of it this way: if you are twenty-something and you are going out to find your mate, you shower and dress accordingly. If you are a surfer, you wear Hurley’s. If you work on Wall Street, you wear Prada. Once you’ve defined your target prospect and aligned persona, you know that you need to do the obvious: make eye contact and act interested in the other person’s story. You will try to avoid any conversation-killing words. Even better, you will lean in and listen and make adjustments to your side of the conversation to demonstrate your interest. You won’t bore them with endless stories that are all about you. You will flatter them.

OK, you get it. Avoid the things that you can control. Yes, I believe we can.

But can we manufacture and/or control interpersonal chemistry to drive the advertising agency brand? Or, is it just up to some form of automatic business-related pheromones?

New business chemistry gets even more complicated when you introduce the idea that chemistry must be built between two groups in addition to individuals. Sure, some pitches are won because of an agency’s charismatic leader. However, in most cases, it is your team that is being evaluated. In order to develop chemistry between two separate groups (clients and agency presenters), the presenter group, as a whole, needs to demonstrate an understanding of the client group’s challenges, a commonality of purpose, matching emotional commitment (passion), empathy for shared problems, and a common language. Ultimately you will build rapport with the client group if they think that you are all in sync, as in on the same wavelength, especially in understanding their business issues. This is one of the reasons that you always need to remember that the pitch is much more about them, not you.

Two key words to keep on the top of your mind and manage are values, as in having and demonstrating shared values, and trust, as in building confidence in your agency’s integrity and reliability. Building trust is particularly important in service pitches where the client will be committing to a personal relationship. Trust is more easily given between two similar groups; groups that have already established commonalities. You are like me, therefore I understand you better and can trust you more easily.

Cultural alignment is also critical. Assuming that there isn’t a total disconnect between the client’s values and yours (this is something you should have figured out back at the RFP stage), cultural alignment can be managed. To get there, make sure ahead of any meeting that you read up on the client’s Mission and Vision Statements, review their brand values, and understand their corporate goals. If the client is a public company, read their annual report. It provides a comprehensive overview of the company’s business and financial condition and its dreams.

Find commonalities between the client and your agency, and subtly reinforce these in the meeting.

An Advertising Agency Brand Example – Be Delightful

As I mentioned earlier in the book learn everything about the client you want.

My ex-client Sara Lee’s Mission Statement states that they want: “To simply delight you… every day.” Surely your agency could find a very creative way to mirror the idea of “delight” in your pitch and even (very sparingly) use the word “delight” to reinforce rapport.

A WOW! Advertising Book Review For You

Peter · July 21, 2023 · Leave a Comment

advertising book reviewI Really Dig This Advertising Book Review

As an author, one has to pray to and then thank the book Gods for a great review. Just for you here is a damn good review – on LinkedIn and on Amazon. In my case, it is an advertising book review.

Why Write Your Advertising Book?

Before I get into the review of my book, How To Build A Kick-Ass Advertising Agency…

We write books for many reasons. But your business book (not your wanna-be Hemmingway book) is most likely written to prove your expertise. My two books on advertising have driven the perception that I am an expert. Sure, I have a good bio. But the books rock as a biz dev tool for my advertising agency consultancy. In fact, in addition to driving high-quality new client leads, their sales paid for themselves over and over.

By the way, if you need some insights on how to write and publish a book in 6 months give me a shout. I’ve lectured on this subject for years.

Now — A Great Advertising Book Review

LOL, a secret coming… Good reviews drive sales. This works for restaurants, products, and my consultancy. A smart book will drive your company’s Unignorable-ness to help you stand out.

A smart new book also gets you interviewed on large audience podcasts. Like The Marketing Book Podcast.

That’s why I am reprinting a wonderful review of my Kick-Ass Advertising book from Lee McKnight, Jr. of RSW/US – a great outsourced lead gen company. Subscribe to Lee’s newsletter.

OK – I can’t help myself…

The Advertising Book Review…

As I’ve mentioned, was in Lee’s LinkedIn newsletter and on Amazon. Here you go.

“I don’t write a lot of book reviews here at RSW, (in fact, there are none) but a recent release from our friend Peter Levitandeserves one.

“How To Build A Kick-Ass Advertising Agency” is a solid work that provides aspiring entrepreneurs and seasoned advertising professionals with invaluable insights and actionable strategies for building a successful advertising agency.

I first met Peter at the Fuel Lines conference in Nashville several years ago and since then, we’ve been in touch, predominantly on business development topics.

If you don’t know Peter, go to his LinkedIn to view his bona fides, which include an impressive run at Saatchi & Saatchi.

But on to the book: from the very beginning, Peter’s writing style is engaging and relatable.

He blends personal anecdotes, industry experiences, and practical advice seamlessly, making the book not only informative but also enjoyable to read.

This is not a slog folks, Peter’s passion for the advertising industry shines through, and it is evident that he genuinely wants to help others succeed.

One of the book’s standout features is the, from the beginning, step-by-step approach Peter takes in guiding readers through the agency-building process.

He covers everything from conceptualizing your agency’s unique selling proposition to hiring the right talent, to building a solid client base.

Each chapter is well-structured, offering clear action points that readers can implement immediately.

The Big Two: Business Development and Client Relationships

One of the most valuable aspects, IMO, of “How To Build A Kick-Ass Advertising Agency” is Peter’s emphasis on two pillars of a successful agency: business development and client relationships/management.

He emphasizes the significance of understanding and addressing clients’ needs, maintaining open communication, and delivering exceptional results-fundamental to building trust and fostering long-lasting partnerships.

And in regards to business development strategies, he provides practical tips for branding, networking, and promoting your agency effectively.

As someone who has experienced the challenges of establishing a business in a dynamic industry, Peter’s advice is not just theoretical; it’s rooted in real-world experiences.

“How To Build A Kick-Ass Advertising Agency” really is a must-read for anyone aspiring to thrive in the advertising industry.

Whether you’re a marketing professional looking to venture into entrepreneurship or an advertising enthusiast eager to understand the mechanics of building a top-tier agency, this book will be an invaluable resource.

I highly recommend it and consider it a real guidebook for building a kick-ass advertising agency.”

Just do it.

Buy my book, grow your agency, and give me a great Amazon review. I will love you forever.

Since I like to be useful, here is a link to how to improve your LinkedIn profile — fast.

Why Be A Thought Leader

Peter · June 21, 2023 · Leave a Comment

Thought Leadership Is Good

thought leadershipThe marketing term thought leadership has become a bit overused. Well, what marketing term is not a bit overused? I mean, do I really want to hear the word disruption again and again?

However, if we step back a bit and ask ourselves if we’d like to be perceived as an insightful, strategic, and problem-solving creative thinker—um… a thought leader—well, I’ll take the words thought leader.

Thought leadership takes time and brain power. Why bother?

Thought leaders deliver actionable…

•     Information

•     Insights

•     Strong opinions

•     Solutions to big problems

•     Inspiration

•     Creativity

•     Innovation

•     Even piece of mind

Since I started my marketing agency consultancy, I have produced more than 850 blog posts; videos using impressionists to talk me up (think Trump and Gandhi); have been a host and a guest on dozens of podcasts; and have spoken at conferences and produced white papers. I’ve recently launched a LinkedIn newsletter. Oh, this is it.

I wrote my book on pitching, The Levitan Pitch. Buy This Book. Win More Pitches. and my new book How To Build A Kick-Ass Advertising Agency to build my brand by offering business-building advice. These books generate interest and proof of expertise.

My thought leadership, which is 100% dedicated to advertising agency management and business development, works. Specialization works. People pay attention. My books drive leads.

The benefits of thought leadership are clear: It demonstrates expertise and authority.

  • It delivers compelling, relevant business-building information and insights. Value!
  • It excites
  • It generates peer-to-peer conversations and builds relationships over time
  • It generates marketing-qualified leads
  • It can be amplified and repurposed for efficiency. One thought can be modified and spread over a range of distribution platforms
  • Kick-ass problem-solving thought leadership is unignorable

I need to repeat this: Kick-ass thought leadership is unignorable.

The Unignorable Insight

Your expert positioning (yes, be an expert) will drive your thought leadership. The power word is authority. Market-building insights are created and delivered via your knowledge, experience, and creative approach to problem-solving. In this case, it is OK to be authoritarian.

Just to be clear, what is an insight? From the Planning Dirty Academy’s Julian Cole:

“Insight unlocks the way around a problem. It reveals a new path.”

Thought leaders reveal that new path. Just look at the people who are quickly building their own personal brands by becoming AI experts. Example: Sam Suzchan and his 122,000 LinkedIn followers.

I’m A Thought Leader Right Here.

thought leaderIn my brand new book… How To Build A Kick-Ass Advertising Agency

ADWEEK Fastest Growing Advertising Agencies

Peter · November 7, 2022 · 1 Comment

ADWEEK FastestHere Is A List Of The ADWEEK Fastest Growing Advertising Agencies

As ADWEEK promises: “Ranking 75 global companies that thrived in uncertain times.”

Fastest growing is a good thing. I wondered what these agencies say about themselves – how they try to stand out – quickly. As in on their home page. Here you go.

Movers+Shakers: Connect To culture. Spread Joy.

ALTO: A creative company for courageous brands      s

The Stable: Forging The Future Of Commerce.

The MRN: Eliminating Random Acts Of Marketing.

Headlight: We power breakthrough growth marketing for disruptive consumer brands.

Socium Media: We specialize in digital marketing, backed by data, and executed from strategies developed over years of digital marketing experience.

The Snow Agency: The Snow Agency is a full-service digital marketing agency for businesses looking to grow.

Refinery89: Digital Advertising Specialists.

Media Matters Worldwide: Your Experienced, Independent Media Strategy., Planning, Buying and Analytics partner. Women-Owned.

Bray & Co.: We are The StoryBuilders.

hunterblu: hunterblu is a full-service media partner that makes media simple. You know what your message is. We know where and how to place it to reach your audience.

Elumynt: Objectively Better Advertising.

Eyeful Media: Proven digital marketers delivering value and earning the trust of our partners every day.

Supply: The Persuasion Planning Media Agency.

NP Digital: The alternative to the agency status quo.

My favorite agency brand promise? Did these messages help them to be leaders in the ADWEEK fastest?

I’ll go with these two since they push a competitive message that makes me want to learn more:

The MRN: Eliminating Random Acts Of Marketing.

Elumynt: Objectively Better Advertising.

The full list.

Hey, why not subscribe to my LinkedIn newsletter??????

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