new business

What I Learned At Saatchi & Saatchi Advertising

Peter · March 27, 2020 · 3 Comments

What I Learned At Saatchi & Saatchi Advertising – It Is Relevant Today

I got educated at Saatchi & Saatchi Advertising. I applied my learning to a career that spanned GM of the Minneapolis office, to London and Europe, to two Internet startups, my own agency, and now my advertising agency consultancy.

I learned about the power of strategy, kick-ass creative, being ballsy and going for it. This is what an agency principal and her agency must use today.

First A Bit On Dancer Fitzgerald Sample

I started my advertising career at Dancer Fitzgerald Sample as an AAE on the large General Mills account. Dancer was known as DFS. It was New York’s largest advertising agency and lived in the glorious Chrysler Building. Its clients also included P&G, Toyota, HP, Wrangler, RJR, Nabisco and other biggies.

During my tenure, it was named Agency Of The Year and had a new business pitch winning streak that hit baseball Hall of Fame numbers… .900+. The agency was also known for delivering highly effective advertising including Wendy’s “Where’s The Beef?” and the advertising that launched Toyota and sustained its growth.

The agency spent a great deal of time and money nurturing its account executives with a weekly training program that pumped out the best AE’s in the industry. DFS taught me how to write brand-building strategies, run a profitable account and how to deliver exceptional account service. It also taught me how to work within an empowering, yet nurturing a culture where everyone loved their job. This last point was driven home every month when we celebrated employees who had worked at the agency for 10, 20 and even 30 years.

I was about to learn even more. [Read more…] about What I Learned At Saatchi & Saatchi Advertising

Three Must Have Social Media Content Strategies

Peter · March 8, 2020 · Leave a Comment

Repeated For Effect: Here are three important social media content terms and strategies to add to your advertising agency’s 2020 marketing plan.

The world of social media “content” (what a strange, and a bit anti-descriptive, term) is going through major changes and increasing challenges. Getting seen is muy difficult. Example: there are now over 500 million blogs. There were 150 million in 2010. Instagram addicts upload over 95 million posts and 400 million stories every day. Given this content and brand attention-seeking barrage… How does one stand out in an overrun world of social media content?

I could give you more stats that show how difficult it is to break out from the clutter. I won’t here. All you have to do is a quick search to see lots of websites that list stats for every corner of the social media landscape.

So, back to the question… “how do you stand out?”

Three Social Media Content Terms and Strategies You Should Be Thinking About Using.

1. Omnichannel.

Today one has to think through getting past a one or even two-channel strategy. Too often I see advertising agencies concentrate on one channel. Examples… blogs or LinkedIn or Facebook or Twitter – or you name it. Simply put, in a world of serious customer ADHD, you and your sales prospects will use Youtube, Netflix, multiple phone apps, maybe a blog, and on — today. The way to get out in front of this craziness is to go Omnichannel. Just do it, use more than one channel in your marketing. Here is a Wikipedia definition.

Omnichannel is a cross-channel content strategy that organizations use to improve their user experience and drive better relationships with their audience across points of contact. Rather than working in parallel, communication channels and their supporting resources are designed and orchestrated to cooperate.

2. Content Sprouting.

For years I have been advocating what I have called content amplification. [Read more…] about Three Must Have Social Media Content Strategies

Three Powerful Advertising Agency Quotes

Peter · February 19, 2020 · Leave a Comment

Here Are Three Advertising Agency Quotes To Help You Focus On Business Development

Mario Andretti

The first quote is from Mario Andretti. Andretti won races in Formula 1 (a world champion), NASCAR, IndyCar (three-time champion), and World Sportscar Championship. This is a serious dude. The quote is intended to kick you in your ass.

“If everything seems under control, you are just not going fast enough.”

Here is the deal. OK, one of the deals. Virtually every advertising agency will have one or more clients walk out the back door this year. The only way you counteract that inevitable loss is to work hard, work smart, act fast to get new clients coming in the front door.

General Eric Shinseki

This quote about embracing change is from the 34th Chief of Staff of the Army and four-star General Eric Shinseki.

“If you dislike change, you’re going to dislike irrelevance even more.”

I know I do not have to point out the speed of change in the advertising industry. What I am pointing out is that you better pay attention to change and be ready to act. Need an example? When your client asks about Tik Tok you better be able to have that conversation.

Peter Levitan

This advertising agency quote is from the most experienced business development consultant. Me.

“Advertising agency marketing programs have to be ‘unignorable’. This must be a primary agency objective. The alternative to unignorabilty is being ignored.”

I consider that one of my key jobs, when I work with my advertising agency clients, is to provide actionable and unignorable ideas and tactics that bring the agency’s brand positioning to life. I am not into pontificating. My goal is to help you make the agency stand out from the ever-growing competitive pack so that that the agency sells in its core sales proposition. And, if you do it right, you will become famous as well.

How Clients Find An Advertising Agency

Peter · February 8, 2020 · Leave a Comment

How Do Clients Find Their Next Advertising Agency?

One of the more challenging questions I ask my advertising agency business development clients is, “How do your prospective advertising, design, digital or PR clients find your advertising agency?”

In most cases, the number one answer is referrals or WOM. Of course, of course, this is a wonderful way to gain future client interest. However, the referral route is rather passive unless an agency has a highly active referral program. Even with a proactive in-house referral program, counting on referrals is not a high numbers game and is a bit too passive.

I am not a fan of passivity and think that an advertising agency needs to be everywhere a prospective client might look for them.

Everywhere.

In the old days, that even included having a Yellow Pages ad. Call me if you do not know what the Yellow Pages were.

Back to the question… “How do your prospective advertising, design, digital or PR clients find your advertising agency?”

The general list of responses goes like this. I’ve included links to some previous thoughts on some of these front doors:

Through direct referrals from clients, friends, and family. General word of mouth. Read: Six Business Development Referral Strategies.
Clients find us using a Google search. Read: Google Will Screw Your Ad Agency.
We run ads on Google.
We are on third-party advertising agency lists. Read: The Ultimate Advertising Agency List
We have won creative and marketing awards that increase our brand awareness. Clios help.
We get press from advertising industry publications.
We get press from client category/industry publications.
A future client saw one of our ‘great’ existing client ads or programs and contacted us.
Our social media programs attract new client interest. Read: Does B2B Social Media Still Work?
Our account-based marketing sales program directly targets the clients we want.
We get RFI and RFP requests advertising agency consultants. Read: 34 Advertising Agency Search Consultants.
We are listed on the local advertising club website.

So, How Do Clients Find Their Next Advertising Agency? As in, like yours?

First, let’s agree that you want to be found (maybe not by every potential client. But, you still want to out there.)

The only way to do that is to be everywhere a potential client will look for you. If this sounds simple and you are already doing this, Great. If not and you need an actionable strategy and tactics to solve this formable problem/opportunity…

Let’s talk about how to grow your business. You are in a hurry, right?

**Contact me and take me up on my free Vito Corleone offer.**

The Secrets of Advertising Agency Business Development

Peter · November 12, 2019 · 1 Comment

The Not So Secrets of Advertising Agency Business Development

Do you think that advertising agency business development is hard? Try getting featured on Spotify or on stage at Coachella or Carnegie Hall.

OK, so how do you get to Carnegie Hall? Well, you know the answer: Practice, Practice, Practice.

That really means having objectives, strategies, executions, assigned roles, timetables and analysis. In other words, a plan.

Back to practice because business development is a skill set that gets better over time.

The 10,000-Hour Rule

Here is a definition from Wikipedia of the 10,00-Hour rule as discussed in Malcolm Gladwell’s book, Outliers.

A common theme that appears throughout Outliers is the “10,000-Hour Rule”, based on a study by Anders Ericsson. Gladwell claims that greatness requires enormous time, using the source of The Beatles’ musical talents and Gates’ computer savvy as examples.

The Beatles performed live in Hamburg, Germany over 1,200 times from 1960 to 1964, amassing more than 10,000 hours of playing time, therefore meeting the 10,000-Hour Rule. Gladwell asserts that all of the time The Beatles spent performing shaped their talent and quotes Beatles’ biographer Phillip Norman as saying, “So by the time they returned to England from Hamburg, Germany, ‘they sounded like no one else. It was the making of them.’

Gates met the 10,000-Hour Rule when he gained access to a high school computer in 1968 at the age of 13, and spent 10,000 hours programming on it.

Is Your Advertising Agency Willing To Work (Hard) At Business Development?

If it isn’t, it will fail.

Try This Agency Road Map

Have a master business plan that is reviewed at least annually. The marketing environment, especially in advertising, is changing on a monthly basis. Know how you will make the big bucks and plan for it.
Have clear business development objectives. Not, “I want to work with Nike or Google.” Be real.
Have an in and outbound marketing plan. It must be an easy plan to follow and run – or you will join the 60% of advertising agencies that do not run their plan.
Your plan must be smart but not too complicated. Process rules here.
Be slavish to your agency’s brand positioning. Make it something clients want.
Have a business development leader that is 100% responsible for making sure the Biz Plan runs like clockwork. I suggest that for at least the first 6 months that it be the CEO or COO. She is a feet-to-the-fire person. If the top person isn’t committed to putting agency time and assets towards business development 24/7 – fuhgeddaboudit.
Biz Dev has to become part of agency culture. And, yes, it can be fun, too. Winning business because your plan is working is super fun.
Biz Dev must a job on your daily project list like every client job. You are your agency’s client. If you don’t support the program, then what you do for paying clients will not matter when you shut down.
If you have a dedicated (or part-time, for that matter) aim her or him at the sales target. Here is how to manage that process.
This is a pan-agency challenge. Distribute the workload to responsible people in the agency. Make it part of their compensation plan. If they don’t do their part – they are not rewarded for their client work. They are not going get a large bonus.
Be everywhere your future client looks for new agencies. This includes agency lists, directories, in web searches, award shows, etc. Where would you look for an advertising agency? Are you there?
Have a marketing calendar and be slavish to it.
And… Whatever you do, make sure it’s Unignorable. Boring sucks.

Go do it. From Mario Andretti: “If everything seems under control, you’re just not going fast enough.”

Don’t Go! Yet…

I have over 600 blog posts dedicated to you and your agency’s business development success. Check them out right here.

If you are in a hurry… email me – peter@peterlevitan.com