{"id":13205,"date":"2022-02-14T21:11:07","date_gmt":"2022-02-14T21:11:07","guid":{"rendered":"https:\/\/mailinvest.blog\/index.php\/2022\/02\/14\/avoid-having-an-advertising-agency-turn-down-your-business\/"},"modified":"2022-02-14T21:11:07","modified_gmt":"2022-02-14T21:11:07","slug":"avoid-having-an-advertising-agency-turn-down-your-business","status":"publish","type":"post","link":"https:\/\/mailinvest.blog\/index.php\/2022\/02\/14\/avoid-having-an-advertising-agency-turn-down-your-business\/","title":{"rendered":"Avoid having an advertising agency turn down your business"},"content":{"rendered":"<p> <a href=\"https:\/\/go.fiverr.com\/visit\/?bta=1052423&nci=17043\" Target=\"_Top\"><img loading=\"lazy\" decoding=\"async\" border=\"0\" src=\"https:\/\/mailinvest.blog\/wp-content\/themes\/breek\/assets\/images\/transparent.gif\" data-lazy=\"true\" data-src=\"https:\/\/fiverr.ck-cdn.com\/tn\/serve\/?cid=40081059\"  width=\"601\" height=\"201\"><\/a>\n<br \/><img decoding=\"async\" src=\"https:\/\/mailinvest.blog\/wp-content\/themes\/breek\/assets\/images\/transparent.gif\" data-lazy=\"true\" data-src=\"https:\/\/www.trinityp3.com\/wp-content\/uploads\/2022\/02\/advertising-agency-offer.jpeg\" \/><\/p>\n<div>\n<div class=\"mkdf-post-info\">\n<p>\n\t\t\t<time itemprop=\"datePublished\" datetime=\"2022-02-15\">February 15, 2022<\/time><\/p>\n<div class=\"mkdf-post-info-category mkdf-post-info-item\">\n\t\t<span aria-hidden=\"true\" class=\"icon_tags\"\/><a href=\"https:\/\/www.trinityp3.com\/category\/agency-search-selection\/\" rel=\"category tag\">agency search &amp; selection<\/a>\t<\/div>\n<\/p><\/div>\n<p><em>This post is by<\/em>\u00a0<em><a class=\"external\" href=\"https:\/\/www.listenmore.ca\/stephan\/\" rel=\"noreferrer noopener\" target=\"_blank\">Stephan Argent<\/a>, Founder and Principal at\u00a0<a class=\"external\" href=\"https:\/\/listenmore.ca\/\" rel=\"noreferrer noopener\" target=\"_blank\">Listenmore Inc<\/a>\u00a0offering confidential advisory to marketers looking for truly independent insight and advice they can\u2019t find anywhere else.<\/em><\/p>\n<p>If you\u2019re getting ready to search for a new agency, you may quickly find out agencies are likely being as choosy about the clients they pitch, as you want to be about choosing them. And if they\u2019re not feeling the love early on in your process, you may find yourself being turned down.<\/p>\n<p>Don\u2019t get me wrong. Most agencies still want to grow by winning new business and would welcome the opportunity to share their credentials and talk about your business. But when clients get demanding about how much and what they want to see, or unreasonable about timelines, then things become more complicated.<\/p>\n<p>Since the pandemic began, agencies have had to make some tough calls. Delayed payments, canceled projects, remote working, increased workload, and unprecedented resource retention challenges have all combined to make agencies far more wary about putting more pressure on their teams and their own financial resources.<\/p>\n<p>So, what should you do if you\u2019re about to search for a new agency? Well, here are a few things to bear in mind:<\/p>\n<h2>Be clear about why you\u2019re doing a search<\/h2>\n<p>You\u2019d be surprised by how many marketers we meet struggle with clear reasons as to why they\u2019re looking for a new agency.<\/p>\n<p>We hear everything from \u201c<em>we don\u2019t like our (insert function here) on our business\u2026\u201d\u00a0<\/em>to \u201c<em>too expensive<\/em>\u201d to \u201c<em>we just want a change<\/em>\u201d \u2013 or (worse) \u2013 \u201c<em>we just want to see what\u2019s out there<\/em>\u201d. The question about why you want a new agency is crucial because you have to establish if your issue may actually be fixable \u2013 thereby saving you the trouble of a search in the first place. Equally, a clear definition of why you want to start an agency search inevitably leads to a more focused and concise set of criteria when you meet prospective agencies.<\/p>\n<h2>Get the set-up right<\/h2>\n<p>In addition to doing your homework on yourself and preparing for the process, it\u2019s important to help agencies know what the process looks like ahead of time.\u00a0 This means:<\/p>\n<ul>\n<li>Sketching out a high-level timetable so agencies can work out if they can accommodate the pitch<\/li>\n<li>Providing a high-level view of your intended asks \u2013 i.e. whether spec work or travel will be required<\/li>\n<li>Detailing what constitutes a conflict so agencies can rule themselves out if needed<\/li>\n<li>The approximate size, scope and value of the business up for review so agencies can make a judgement call on whether or not this is the right fit for them<\/li>\n<\/ul>\n<h2>Avoid the cattle call<\/h2>\n<p>With so many agencies providing individual or combined services, it can be difficult to identify and narrow down the best agencies to add to your search list \u2013 compounded if there\u2019s internal or political pressure to include agencies that you feel shouldn\u2019t be on your list in the first place.<\/p>\n<p>Thorough preparation, a robust stakeholder interview process, and a little homework can help define not only which agencies might be a great fit \u2013 but which agencies wouldn\u2019t be \u2013 either because of conflict or some other incompatibility with your business.\u00a0 As a general rule of thumb, if you\u2019re starting with more than eight agencies on your long-list, you need to do more homework and save yourself \u2013 and the agencies you\u2019re talking to \u2013 wasted time and effort.<\/p>\n<h2>Be reasonable about your ask<\/h2>\n<p>Nobody should be a fan of asking questions just to tick boxes \u2013 so it\u2019s always a puzzle when marketing or procurement teams ask dozens (sometimes hundreds \u2013 yes \u2013\u00a0<em>hundreds<\/em>!) of questions that are superfluous to the task at hand. \u00a0The faster you can get to a dialogue about your business, with smart, well considered questions, the more likely you are to determine how well-equipped agencies are to help manage your business.<\/p>\n<h2>Deal with spec work properly<\/h2>\n<p>Contrary to what might be shouted from the proverbial peanut gallery, spec work isn\u2019t a complete no-no and the decision to request or not is up to you \u2013 not those throwing peanuts. If you ultimately decide spec work is critical for you, the key is to deal with your request properly and in our view, this means:<\/p>\n<ul>\n<li>Limit your ask to understand how the agency might approach your challenge \u2013 not boil the ocean<\/li>\n<li>Pay for spec work properly \u2013 whether strategy, creative, digital, media or anything else<\/li>\n<li>Clearly define how you\u2019ll evaluate the work including how you\u2019ll manage a tie-break<\/li>\n<li>Put in the time to collaborate and work with agencies to discuss the work (not just evaluate it)<\/li>\n<\/ul>\n<p>Agencies are pretty good at being their own watchdogs and if they have an issue with your ask, be prepared to be turned down.<\/p>\n<h2>Get clear about price versus value<\/h2>\n<p>With some procurement teams being less familiar with service-based sourcing and\/or not being synced with marketing team counterparts, some procurement driven RFPs have an over-reliance on financial metrics. Evaluation then focuses on price rather than value and otherwise perfectly suited agencies become eliminated for the wrong reasons.<\/p>\n<p>Whether you\u2019re working with procurement or going it alone, define what constitutes best\u00a0<em>value<\/em>\u00a0for your business beyond price. If you\u2019re looking for a \u2018<em>lowest price wins\u2026<\/em>\u2018 solution, you may find yourself with a choice of none.<\/p>\n<h2>Define your evaluation criteria<\/h2>\n<p>How you ensure your team evaluates agencies consistently and correctly is critical to an effective search. I\u2019ve written before on\u00a0the development of agency scorecards, but whatever approach you choose \u2013 make sure it\u2019s not just about adding up a score. No score can give you a perspective on chemistry and whether the agency is a real fit for your needs.<\/p>\n<p>Evaluating agencies on the functional aspects of their submissions or presentations can only take you so far, but defining what constitutes real value and assessing fit with your organisation can be far more complex \u2013 so take time to ensure everyone on your team understands how agencies need to be evaluated and that evaluation criteria are shared with agencies.<\/p>\n<h2>Be respectful<\/h2>\n<p>Most of all\u2026 agencies who participate in a pitch process typically put their collective hearts and souls into creating the best possible submissions they can. They\u2019ll likely be working late evenings and giving up weekends to make sure they get the best possible shot at winning your business. So, try to:<\/p>\n<ul>\n<li>Be reasonable about turnaround times<\/li>\n<li>Answer questions within the prescribed time period<\/li>\n<li>Turn your phone off during the pitch \u2013 even when pitching online<\/li>\n<li>Be generous when things go sideways (and they do\u2026)<\/li>\n<li>Provide feedback when agencies have been unsuccessful in their submissions<\/li>\n<\/ul>\n<p>High profile brands or clients with big budgets can be an overwhelmingly tempting reason to pitch.\u00a0 But at the end of the day, everyone needs to make a fair profit to make all the effort worthwhile. If you\u2019re not prepared to be prepared to be reasonable in your asks, you should be prepared to be disappointed.<\/p>\n<p><em>TrinityP3\u2019s comprehensive Search &amp; Selection process provides extensive market knowledge, tightly defined process and detailed evaluation and assessment. <a href=\"https:\/\/www.trinityp3.com\/agency-performance\/agency-search-and-selection\/\">Learn more here<\/a><\/em><\/p>\n<\/p><\/div>\n<iframe data-lazy=\"true\" data-src=\"https:\/\/www.fiverr.com\/gig_widgets?id=U2FsdGVkX18x7XQvttUTrv1oEqmGNGTgvvCUiUoJ\/AP4z\/UyMz8lXGOLpu15jIMxBbTR0gmD5uBoFvhC4KWeALQRp3h\/X\/AwcVD0K8Wj9H\/ZzYKzcCNHosB9oS4SCJJFWiN85P9ICAc4OgCoE\/wHKIY7CDkf2\/DQ1vqGvk4smVe5cRDEmrLPCWi4FC8p40VUhSmWQ5udCm0zoJtorgWv3vbDQw0kKYkwn39ozAnQXDe+YvWMxkLFWA+O3TFwkJvdkIK+\/AUSnRssPKt5WHY0FhNOxnSPcLslEL4G4\/RfP95ve99U+kRnDy3X+KtzdQLY+u935ghON\/o3UE4IMv9oN6JX9RnxzL\/LRcOgnHigxStSGPKsZYtnz8RWNVT\/rOLAibqiWJadC5MYHRbekF3eg6FOGrQGkXYbsn0+a5aovnlLCbLwIqY9fcS17UX8J235iQ6cdmHNbrPeS84CMm34RA==&affiliate_id=1052423&strip_google_tagmanager=true\" loading=\"lazy\" data-with-title=\"true\" class=\"fiverr_nga_frame\" frameborder=\"0\" height=\"350\" width=\"100%\" referrerpolicy=\"no-referrer-when-downgrade\" data-mode=\"random_gigs\" onload=\" var frame = this; var script = document.createElement('script'); script.addEventListener('load', function() { window.FW_SDK.register(frame); }); script.setAttribute('src', 'https:\/\/www.fiverr.com\/gig_widgets\/sdk'); document.body.appendChild(script); \" ><\/iframe>\n<br \/><a href=\"https:\/\/www.trinityp3.com\/2022\/02\/avoid-advertising-agency-turn-down-your-business\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>February 15, 2022 agency search &amp; selection This post is by\u00a0Stephan Argent, Founder and Principal at\u00a0Listenmore Inc\u00a0offering confidential advisory to marketers looking for truly independent&#8230;<\/p>\n","protected":false},"author":1,"featured_media":13206,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-13205","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tech-universe"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Avoid having an advertising agency turn down your business - mailinvest.blog<\/title>\n<meta name=\"description\" content=\"Technology is forever changing, and there are always new pieces of technology to replace obsolete ones. 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