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Does Anybody Care About Your Agency?

Posted on May 19, 2011

 

Alright, that’s not entirely true, but it is one of the four takeaways Sean Carton came away with from our survey (2011 Survey-Client’s Look Ahead at Agencies) in his ClickZ article this week.

Sean is chief strategy officer at idfive in Baltimore (go see them here) and he does a really nice job of filtering out key findings from our survey in his article, Clients: The Mysterious Creature.  I’m sending you over to the entire article at the end of this post, but below I’ve given you a flavor of Sean’s breakdown with excerpts from his article.

If you’re trying to bring in new business for your agency or that person reports to you, these four takeaways are well worth reading:

1. Clients aren’t all that happy with their primary agency.

If you think that your relationship with your client is a good one, you may want to think a little harder. RSW/US found that only 44 percent of marketers were “happy” with their primary agency. However, even though the majority didn’t report blissful togetherness with who they were with, more than half (55 percent) said that they’d go with the same agency again if the account came up for review. Perhaps the unknown is more frightening than who they know?

2. Marketers don’t think that traditional agencies know digital (but they wish they did).

If you ever want to turn a friendly inter-agency conversation into a shouting match, all you have to do is bring up the “digital vs. traditional agency” question. Depending on how much expense-account booze has been consumed, it may not be long before shouts of “dinosaur!” and “whippersnapper!” fill the room. I don’t know about you, but at this point I usually find it best to grab my drink and find a group of outlaw bikers to hang out with…you know, a safer group.

It may be a stereotype that “traditional” full-service agencies aren’t good at digital, but it’s one that clients believe, too. The survey found that a mere 18 percent of marketers felt that full-service agencies have solid digital skills…a number that’s actually down from 22 percent in 2010. On the other hand, 29 percent of marketers surveyed felt that digital agencies had solid traditional advertising skills.

3. Who you are, who you know, and when you call matter the most when it comes to getting on “the list” during an agency search.

If you do new business for your agency, you know that getting on the list of potential firms is more than half the battle when it comes to winning new business. However, even though all of us who fight these battles on a daily basis have our own theories about how to get on “the list,” (mine involve phases of the moon and observing the behavior of cats) trying to figure out why one agency got the call to participate and another agency didn’t seems like a black art. According to the RWS/US survey it’s mainly a matter of fit, networking, and timing.

Amazingly, 29 percent of respondents cited “quality and content of [agency] web site” as a major factor. Even more amazingly (and a finding that’ll certainly irk creatives), only 10 percent reported that “awards won” by an agency factored into their decision process.

4. Nobody cares about your agency.

OK. Maybe that was a tad harsh. But when it comes to what makes a difference in pitches and winning the business, the clients who responded to the survey were pretty clear: know your prospect, understand their market, offer creative solutions, and don’t talk about yourself too much.

When it comes to the pitch, the message is clear: clients want to know that you get them. When asked “what aspects during the impression helped you decide,” 77 percent reported “understanding your [the clients'] market” as central to the decision. Creative came in second, with 72 percent citing it as a major factor. Other important factors included “understanding your [the clients'] company direction” (63 percent) and “offering something fresh and new” (60 percent)…both arguably variations of understanding the client and presenting great creative.

Read the whole article at ClickZ site here.

Thanks to Sean and Anna Maria at Clickz for permission to use the article excerpts.

4 responses to "Does Anybody Care About Your Agency?"

  1. Andres Zapata 20/05/2011 10:58 am Reply

    Yeah, we took this study seriously. Thanks for putting it together. We’ve been reaching out to our friends in the industry and trying to solidify/formalize relationships so that we can all “show” better. Thanks again!

  2. Lee McKnight Jr 20/05/2011 11:29 am Reply

    Thanks Andres, much appreciated and glad the survey results helped. Also appreciated Sean’s take on it, nicely done.

  3. Reese Adams 23/05/2011 11:30 am Reply

    As always a very good wake up call and consistent message from RSW
    Know who you are – force your organization to always add value
    Relentlessly pursue the right fit.
    Never take anything for granted
    And personally I don’t think of winning new business as much as I do earning new business.
    RA

  4. Lee McKnight Jr 25/05/2011 08:59 am Reply

    Thank you Reese. I like “earning’ new business. I may nab that from you. :)

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