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  • May 23, 2013
You are here: Home / Archives for Account In Review

Plan To Win: A Winning Strategy

April 29, 2013 By NewBusinessHawk Leave a Comment
It’s funny how something small can remind you about an old pitch. I was in a meeting with a great marketing firm and they mentioned a brand we won many years ago. One you’ve all heard of… a big brand. The pitch was outstanding. One for the books. We won going away. And the agency was the dark horse no one thought had a chance.
After the conversation I went back and looked up my notes for that pitch and this is what I wrote to the team prior to the pitch, right after they called me for help. I pointed out that an early start is critical to winning the account. Below is part of the memo I sent to them prior to my visit to teach them Presenting To Win.
This memo outlines the steps needed to win and details what will be accomplished with Sanders Consulting Group’s first visit to your firm.

The Keys to Winning:

Two ways to fail in a pitch: not starting early enough, and not sticking your neck out far enough.

1) A strong desire to win. 2) Start early. 3) Believe in the process. 4) Set the plan early. 5) Execute the plan.

Job #1: Set the winning strategy: We suggest a strategy of winning at every stage. This means the agency needs to start strong, as it has done so far, and then the firm needs to command the lead at the next round and keep the lead going into the final presentation. If the firm gives the best presentation, it will win. A dark horse firm that gives the best presentation in the end usually doesn’t win the account in reviews such as this.

Winning The Next Stage:

Our outline and POV about how to win at the next stage – here are the key points:
  1. Believe that the other agencies let down their guard at client briefings. And this is a big disappointment to clients. The good chemistry the firm has established with the prospect needs to be maintained and heightened.
  2. Go into the briefing, either by phone or in person, prepared. Work off of a carefully planned Question Book which you share with the account. We will help you prepare this.
  3. Tantalize the prospect with a strong process at the next meeting. The process is the same one the agency will show her in the finals. Demonstrate how work has already begun, where the firm is now, what the agency is finding out to be true about the prospect’s brand, and ask her for feedback on what the firm has done so far.
  4. The process the firm needs to show has to be large and highly visual. The field results need to be highly impressive for the personality profile of Drivers/Headlines. Note: This is the only field work, research, that Drivers/Headlines sit still for.
  5. The feedback the firm gets at the next round usually contains all the keys needed to win the final presentation.
  6. We must review the “cast” or pitch team for the next meeting and train them on how to win at the next briefing. This includes a review of how the first meeting will go, what to expect and how to win.

Winning Going Away:

In the final presentation your number one goal is to crush the competition. Fill the room with your brand, energy, ideas and excitement. Set it up so when you leave you’ll suck all the oxygen out of the place, leaving the other agencies gasping for air.The key to winning the final presentation is to give the BEST presentation.
What needs to be done:
  • How to set the room up
  • How to present in TV time
  • What to wear and what not to wear
  • How to be the Pros from Dover
  • How to win in the first 59 minutes
  • What to do with the final 30 minutes after your break
  • Outline the key chunks of the presentation
  • Who will present each chunk
  • How much time for each chunk
  • How to sparkle in the beginning
  • What the social time needs to look like
  • Key opening remarks
  • How to show capabilities in 7 minutes or less
  • How to introduce the key problem
  • How we would solve the problem if it had the account
  • How to make the “Good News” announcement
  • How to demonstrate the work done so far
  • Who will play Mutt and Jeff (2 creatives needed, interviews to be done)
  • How to introduce the brand triangle
  • How to introduce the three creative approaches that “solves” their problem
  • How to set up next steps
  • How the break looks
  • How to win the final 20 minutes with the 10 Question Close
  • What the score card looks like
This same approach won the $300 million account for (brand X). It also won the $190 million (Brand Y) account. In each time, the agency won at every stage and then won both accounts. It should be noted that the agency had no experience in either category. The process won.
If you aren’t sure about what some of the tips outlined above are about, or why we would suggest doing some of the above, I suggest you give us a call before your next pitch!
Photo by ~Feeriee13
Filed Under: New Business Tagged With: Account In Review, Ad Agency Winning New Business, Agency Search, Agency Shoot Out, Formal Presentation, pitch consulting, Pitch Training, Presentation Strategy, Presentation Tactics, Presentation Training, Presenting Techniques, Winning Formal Presentations, Winning New Business, winning the pitch

12 Winning the Pitch Presentation Rules

March 28, 2013 By NewBusinessHawk

Winning Team

If you put good people in bad pitches you lose. Train a winning agency team!

Winning!

I recently trained a great mid-sized agency on how to present – they had won their last three pitches, but felt it was too difficult, too much upheaval, too much work. So they called us. After one day the team called it a “life changing” event. The president, a long time player in the marketing world, told me that, “I have a long ditch covered with the bodies of worthless consultants!” My training was the first time he felt not only did he get his money worth, but the ideas and concepts we presented would serve his firm well for years. A few of their comments on the highlights from our post training survey:

  • Profiling
  • Checklist is great
  • Breaking down to various roles
  • Less reliance on PowerPoint
  • Change our approach to preparing for pitches
  • Develop a process
  • Dress rehearsal required to conduct a well-drilled presentation
  • Numerous techniques to own the room
  • Presentation tools
  • Subliminal things

Below are the 12 keys to winning any presentation we reviewed as part of the training. Each section had more detail, and much more content!

12 Winning the Pitch Presentation Rules

1. Understand the Difference Between Advertising and New Business

The number-one reason for presentation loss by most agencies is confusing new business with the skills they need to do good marketing communications. There’s a big difference and the lack of understanding here is the reasons so many firms have trouble with growth. Too many agencies end up playing it safe and staying within the rules. New business is about winning.

2. Take the Lead Right from the Start

From the beginning be the most interested. At the RFP stage be the most tantalizing. At the agency tour stage be the best-organized agency. At the final presentation showcase the best presentation team. Do these things and you win because you’re in the lead. It’s difficult to win first place from back in the pack.

3. Quickly Decide If You Want the Account

Make sure you have a good chance to win. Check chemistry (your type of people). Successful agencies quickly decide they want the account, and then they decide what it will take to win. Are you willing to put in the time, energy required to win?

4. Know How the Agency Will Be Selected

Will it be a relationship win? Or a big idea? Will options carry the day? Scorecard? Today many prospects and search consultants use scorecards. Often the second-best agency wins the entire account on points. Think about the scorecard and make sure you achieve high marks in every category.

5. Agree Early on the Presentation Make-up

Most clients are disappointed at agency presentation time because they expect a show and they get bored instead. Focus more on the presentation: speaking skills, use of tools, ability to relate, eye contact, sentence structure, organization of thoughts, humor, and appearance. Organization of overall show, including setup, refreshments, tent cards, podiums, the presentation structure, use of time, and dramatic effects. Your agency must own the room.

6. Decide on the Agency “Hero”

New business is all about showcasing the people. Make sure you clearly identify the prospect’s hero: the one person who can stand up, carry the day and slay the prospect’s key issues. They must be the right profile, right title, right responsibility, and most importantly be great at presenting. And not the agency president!

7. Use Profiling to Win on Chemistry

When your agency profiles correctly and thereby shows versatility, you win. All members of the agency management team must understand how to identify different profiles, how to build trust with each one, and most importantly, how each will make their decision. Each profile is looking for something different in an advertising agency. Knowing the correct profile determines the presentation tactics you select.

8. Establish the Presentation Chunks Early

You must treat the entire presentation as a series of acts in one play. Introduce each act with interest. Build to key points. And end each act strongly. Write out dull sections and put the information in the leave behind. This makes the leave behind more important, which is helpful.

9. Present the Right Way

There is a power to presenting the right way, use it. Maintain eye contact, build a story, connect with the audience, and much much more. Little things like practicing “Nancy Reagan” (your team looking adoringly at whoever is speaking) to keep the audience focused and avoiding dead screen time with title slides. Don’t introduce the next speaker (agenda covers that) and practice TV time with quick cuts to the next topic.

10. Rehearse, Rehearse, Rehearse

A major presentation is worth 8 hours of rehearsal. If you don’t have time to do rehearsals, then don’t do the presentation.

11. Build a Team of Winners

It’s a smart agency who uses the same people time and again to win key pieces of business. The teamwork shows through, and this means a lot to prospects. Round out your team of winners with new additions each time, such as adding appropriate account handlers and designated creative team members, but have them join a core team of experienced presenters who know how to win.

12. Call Sanders Consulting Group

Remember the stress, the agony, the confusion, the money, and the disappointments you went through with your last presentation attempt? If you had only done this type of presentation the last few years, where would you be, you wonder? Don’t be so set on doing it your way. Call us and discover how winning agencies really know how to pitch.

Presenting To Win is optimized to achieve the greatest success for your firm. The course is taught on-site at your agency. Attendees are taught the basic principles of personality profiling as a core competency skill set which is built upon throughout the course. At the end of the day you will have a clear understanding of how to take advantage of all the new presentation tools and win more presentations.

More Pitch Tips!

As many of you know we help many marketing firms behind the scenes win new business pitches. One of the reasons we’ve been so successful is we have seen every mistake. In fact, we’ve written many posts on the topic of how to pitch, how to win, and what the pitch process is really about. I’ve collected a few of them below in one handy list for you to review the next time you have a pitch you really want to win.

Focus on Rehearsals
How To Win Your Next Presentation
6 Presentation Reminders
The Perfect Presentation
The Hidden Side
The Defining Moment
Top 10 Mistakes
The Winning Pitch

Most marketing firms just make excuses and keep making the same mistakes over and over. Give us a call and let us show you a better way.

Photo by ~iris-maria
Filed Under: New Business Tagged With: Account In Review, Ad Agency Winning New Business, Agency Search, Agency Shoot Out, Creative Idea, Formal Presentation, pitch consulting, Pitch Creative, Pitch Training, Presentation Strategy, Presentation Tactics, Presentation Training, Presenting Techniques, Throw Away PowerPoint, Winning Formal Presentations, Winning New Business, winning the pitch

Stop Missing Out on New Business You Should Win

February 7, 2013 By NewBusinessHawk

How many times can you miss in new business?

You can have the best creative in the business, the best strategic processes that outflank your competition, and the best brand knowledge, and still not win any new business. It happens all the time to agencies right in your own city. It’s probably happening to you now. There is a powerful and little known marketing secret that can wipe out your new business losses, improve client retention at your firm, and straighten out the work processes inside of your organization. Plus, you can eliminate the agony of rejection that fills your shop every time you walk back in a loser from another new business pitch.

“Using the Chemistry methodology from Sanders Consulting, our mid-size agency started winning accounts left and right. Based on these wins, we taught this process to everyone in the agency and cut our client losses next to nothing. And we cut our internal stress and improved workflow, just by learning the secrets included in this powerful training.”

Midwest Agency Owner

What if you could know in advance how the prospect will choose the winning agency before the new business hunt begins?
What would you say if someone could give you inside information on whether or not to take more or less people to the presentation? What would you do with inside information on whether or not to use PowerPoint, what style creative the prospect will best respond to and how to structure your case histories best? Even before the hunt starts? You would say that this knowledge is worth hundreds of thousands of dollars to you in personal income. And millions in gross revenue.
Rob Whittle, President & CEO of Williams Whittle, a full-service ad agency that focuses on nonprofits, shares a great story about how they had thoroughly botched a pitch by talking about “nuts and bolts” when all the prospect wanted was to be dazzled. They had misread the prospect’s personality profile. Be sure to read it here!

Winning With Chemistry

Bob Sanders

Chemistry is often called the hidden side of new business; let us show you how to use this powerful new business tool!

  • We’ll will show you a way to warm up a prospect in a social situation so you get moved into the all important “consideration set,” before any other firms in the area even know the account is loose. And you wouldn’t feel like a used car salesman or a door-to-door-rep begging for a chance when you confidently bring up business in these social situations.
  • Learn how to make your new business presentation really work for you. We’ll show you when you should break the rules and not follow a prospect’s carefully-laid-out selection process and why you will win.
  • Our training will demonstrate what to do when you get caught in Agency Hell, meaning you are working for a gate keeper on the client side who constantly filters your work and picks what Mr. Big “wants to see,” but the gate keeper picks the wrong one every time, and your firm keeps getting blamed.
  • A better understanding of how chemistry works will help you avoid thousands of dollars in agency write offs in creative work the client wouldn’t pay for because you followed what the client asked for, not what you should have done. Avoid this problem forever.
  • After you have learned the process, you’ll know why some clients want lunch but others resent when you offer it. And why you should have known well in advance who expects to be taken for lunch at a nice place, who would rather order in and not leave the office, who wants some quiet time over lunch with you one-on-one, and who thinks you’re a jerk for talking about lunch when there’s work to be done.
  • What secret do the “hot” search consultants know but wouldn’t tell you that drives the new business process. And how your firm will continue to be buffered by running up against this little know fact. And what you should be doing about it.
  • In this powerful training you will see clearly the prospect you were close to winning last time and why you lost and why no one will tell you the truth. It wasn’t you. It was your ability to build good chemistry between the prospect and your firm. Things you can learn in a day with our training.

Our Top Links On Understanding Chemistry

  • Chemistry is that funny stuff between people. Agencies Must Understand Chemistry To Win New Business
  • The #1 reason firms get hired is good chemistry. Agency Likeability: The Hidden Side of New Business
  • If companies don’t fire agencies, then who does? Companies Never Fire Ad Agencies
  • Chemistry really improves your batting averages. Overselling: Fatal New Business Disease
  • There is an art to asking questions. Why Prospects Don’t Tell You the Truth

Learn it in One-Day, On-Site

We teach the skills in a program called Chemistry Wins New Business one-day, on-site at your firm. The program, which should include anyone in the firm who comes in contact with prospects or works on new business, will be the most popular agency meeting your firm ever conducted. We promise that.
Photo by ~choantro
Filed Under: Chemistry Wins New Business Tagged With: Account In Review, Ad Agency Winning New Business, Agency Search, Agency Shoot Out, chemistry wins new business, Creative Idea, Formal Presentation, pitch consulting, Pitch Creative, Pitch Training, Presentation Strategy, Presentation Tactics, Presentation Training, Presenting Techniques, Winning Formal Presentations, Winning New Business, winning the pitch

How Agencies Get New Business

January 17, 2013 By NewBusinessHawk

RSW/US & the Agency san diego recently published this interesting Infographic:

How Agencies Get New Business

What Does This Mean?

The faster you understand the key points raised above, the closer you are to understanding how to execute a new business program.

There are many individual pieces to being successful in new business – each skill needs to be evaluated.

Frequently, we get calls and emails from agencies that express their feelings of frustration and anxiety in their new business efforts. Perhaps, there are times when even you feel:

  • Frustrated with your lack of new clients.
  • Tired of cold calling with little or no results.
  • Discouraged because you can’t seem to turn interested prospects into paying clients.
  • Annoyed because you’re not getting the type or size of clients/projects you’d hoped for.
  • Puzzled as to what new business tactics you should be using and how to use them.

This is understandable. You see, we were all trained in how to be effective within our skill set; branding, marketing, advertising, PR, account service, design… But no one taught us how to attract new clients. In fact, the skills needed to be great at new business are often 180 degrees opposite from what we all know. These are the skills Sanders Consulting Group has spent over 20 years developing. And we’ve created a series of learning programs designed to teach you how.

How We Can Help

Leaders have three choices: 1) Do nothing and hope things change back to favor the old way of operating; 2) Start to make slight adjustments and tinker on your own, but confuse your staff and end up making things worse; 3) Work with us to shape a new business program based on current realities and what’s best for you and your firm. It begins with a one-day onsite mission assessment.

 

Photo by *BusterBrownBB
Filed Under: New Business Tagged With: Account In Review, Ad Agency Winning New Business, Agency Search, Agency Shoot Out, Creative Idea, Formal Presentation, pitch consulting, Pitch Creative, Pitch Training, Presentation Strategy, Presentation Tactics, Presentation Training, Presenting Techniques, Winning Formal Presentations, Winning New Business, winning the pitch

30 Common New Business Mistakes

November 29, 2012 By NewBusinessHawk

Would you be happy if you won a huge account?

Most marketing firms just make excuses and keep making the same mistakes over and over.

What about just winning a great project?

Truth is, most marketing firms wait for new business to happen to them, and end up squandering most of their opportunities. Most firms don’t believe that they have the ability to change from just reacting to new business to being proactive. The kicker is, it isn’t that difficult to become a new business pro…

The real challenge is having the faith to try.

The Top 30 Most Common New Business Mistakes We See:

  1. Sporadic or no follow-up after each prospect contact
  2. Little understanding on key elements in winning presentations
  3. Not selecting the proper new business strategy to follow
  4. Difficulty in developing new business outreach tools quickly
  5. Not discussing contracts and incentives with prospects
  6. Failing to develop a prospect pipeline
  7. Missing opportunities to turn cool prospects into hot leads
  8. Not presenting each case history in under 90 seconds
  9. Failing to structure agency tours designed specifically for each prospect profile
  10. Not creating a strong agency brand that stands out in the market
  11. Missing opportunities to demonstrate a strong creative process which impresses prospects
  12. Never profiling prospects by personality
  13. Never profiling existing clients by personality
  14. Setting low expectations by not having a plan to grow 30% each year
  15. Not getting invited to present very often
  16. No plan to go to at least four new business interviews weekly
  17. Randomly making the final selection set
  18. Never seizing control of the first call
  19. Not uncovering the prospect’s real budget
  20. Never discovering a prospect’s true needs
  21. Avoiding presenting solutions prematurely
  22. Not sorting your prospect list by 7 different variables
  23. Failing to manage the entire new business process
  24. No understanding on how to build a steady flow of leads
  25. Not adapting your positioning with each prospect
  26. Only presenting off slides (Keynote or PowerPoint)
  27. No concept on how many people should present
  28. No process to determine which creative solution to present
  29. No understanding on how to show media and execution strategy
  30. Not calling Sanders Consulting Group for new business help

We believe that being good at new business is totally different from being good in marketing. An entirely new set of skills is involved. And an agency which hasn’t learned that fact, no matter how good they are at advertising, is doomed to failure, making the same mistakes over and over. Spend a short time with us see just how good at new business your marketing firm can be.

Photo by ~Fatooome
Filed Under: New Business Tagged With: Account In Review, Ad Agency Winning New Business, Agency New Business, Agency Search, Agency Shoot Out, Formal Presentation, New Business Mistakes, pitch consulting, Pitch Training, Presentation Tactics, Winning New Business, winning the pitch

Winning New Business: Rules For Closing The Deal

October 24, 2012 By NewBusinessHawk

Shhhh… Listen and You Can Win!

Stop shouting! Listen and you can win.

The bottom line for every New Business person is winning the business. You plan carefully for every good lead and every potential opportunity. You charge towards any good lead, moving in for the win… and with a hope and a prayer you’ll be able to bring this account back to your agency.

After all that time nurturing the lead, generating the awareness, stroking the relationship, building to that golden moment when you get to offer your value to a willing and able prospect, most firms fail. The prospect is waiting, anticipating your very next word… and at that critical moment when it’s time to strike, the so called “wall of words” flies out of your mouth. You know the problem: The prospect starts with something simple, “we’re thinking of a new brochure…” and you pounce all over it. Interrupting them and rolling through all the great brochures your firm has done. Perhaps even pulling some sample out of your handy portfolio. Ugh.

The prospect feels like they’re wasting their time if the agency person sitting across the desk from them pretends they “know it all.” Nothing worst then a chattering-ninny who refuses to take time and listen!

More often than not, we don’t listen because we’re too busy trying to “sound” smart – thinking of the next great thing we’re going to say rather than paying attention to what the prospect is saying. Marketing folks are the worst at this. Something about being in an industry that has little metrics for success… but that’s a whole other chapter.

The answer is simple: take the first step – start by listening.

Over at Inc. Magazine Marla Tabaka, who is a small-business advisor, wrote;

“Have you ever stood before an audience, uncertain whether you are truly connecting with them? Or, have you spoken to an employee who appears to be getting the message–but whose actions later tell another story?

To you, it’s simple: Communicate your thoughts and the facts quickly and concisely and anyone will understand.

Not true. Facts and statistics may tell a story, but if you truly want to effect change and influence the way your audience thinks and feels, you will have to go beyond straightforward communications. The key to really getting people to listen–and act: Touch them on an emotional level.”

She goes on to summarize the key points to effective communication, adapted from a book by Helio Fred Garcia, who is executive director of the Logos Institute for Crisis Management and Executive Leadership. When leaders know they are not actually connecting they tend to double down and push more data and facts instead of trying a new approach. That’s where things get really toxic.

5 Strategies Garcia says can help you stop reciting facts and start making connections:

  1. Keep your mouth shut–for a couple of moments.
  2. Get your audience engaged.
  3. Grab their attention to make it memorable.
  4. Use verbal cues.
  5. Recap what matters.

Some great advice, and as they say, go read the whole thing!

I will just add my two cents to that advice…

Active Listening Key to Winning

The simple truth is very few of us were taught good listening skills. What we call active listening, where you not just ‘hear’ what’s being said, but improve its quality and quantity. This is the most effective way to improve decision-making – both ours and the prospects.

Why is this important? Good listening is the key to winning the business! It will help you solve the prospects problems, better address their needs, and help both you, and them, be the hero. Most new business pros are focused improving their selling skills, or their speaking skills, or working on becoming better presenters. Very view work on their listening skills. This is why so many marketing firms end up wasting so much time on new business reviews, RFP’s and pitches. Most end up as dead ends and lost opportunities.

Rules For Closing The Deal

  1. Listen carefully; hear the prospect out. Avoid the temptation to talk or try to solve the need right then and there.
  2. Confirm your understanding of the need. Repeat it back to the prospect to ensure you understand exactly what their concern/need/desire is.
  3. Acknowledge the prospect’s point of view. Practice empathy; don’t try to impose your firm’s “superior” abilities at this stage. Better to agree and “feel their pain.”
  4. Now push past that need to see if there are any hidden needs. Something as simple as a brochure can lead you better understanding the prospects business if you ask the right questions at this stage.
  5. Repeat steps 1-4 three more times!

The sharp ones among you will notice that at no time do I offer a solution, or offer our credentials, or offer any help at all. THIS IS CRITICAL. A prospect has little trust in you or your firm’s abilities and will discount any solutions you offer at this stage. All I’m doing is putting all my effort into understanding their needs.

We teach that you must probe for no less than 4 needs – MUCH better if you find 4 needs AND a fever (A fever is a personal need that can show you how to really help that person and win their trust). And then you leave. The longer you linger the greater you risk removing the perception of trust, of the concerned listening advisor who may be able to help… this is serious business and you will think deeply on what was discussed. Head back to the office and work on what you’ve learned, and how to help them make the right decision to solve those needs. Remember, you’ve got less then 24 hours to get back to them or the opportunity is lost. Speed wins.

Avoid unhappy prospects: Listen first!

We have many training manuals that teach you how to use our Personality Profiling (Chemistry Wins New Businss) methodology as a way to help you select your best communication strategy – i.e. how to make the best connection. Be it in a formal presentation or one-on-one.

Having the right Personality Profile strategy is the key to making a good connection with a prospect. It’s all about the timing and what makes a prospect comfortable. Our Torch training manual is two full days of understating how to do this, and then how you can go on and win the account in less than 48 hours – without pitching!

The first goal of anyone working in new business is to build trust with that prospect. We have a saying around the office that “80% of new business revolves around trust.” We’ve yet to be proven wrong. Always remember, that prospect is a person. A person that has likes and dislikes on how they prefer to receive information and make decisions. A person with whom you need to establish a personal connection. A person with whom you must have their trust.

And the best way to establish trust is to start listening.

Top photo by ~the-wabbit

 

Filed Under: New Business Tagged With: Account In Review, Ad Agency Winning New Business, Agency Search, Agency Shoot Out, building trust, Creative Idea, First Visits, Formal Presentation, Listening skills, pitch consulting, Pitch Creative, Pitch Training, Presentation Strategy, Presentation Tactics, Presentation Training, Presenting Techniques, Winning Formal Presentations, Winning New Business, winning the pitch

Agency Presidents Say the Funniest Things

October 17, 2012 By NewBusinessHawk
Stuart Sanders, chairman of Sanders Consulting Group, shares some of his great stories from over 45 years of working with marketing firms of all shapes and sizes. From the small 4-person local shop to the huge multi-national, Stuart has been there and seen it all. Sit back and enjoy the trip down memory lane. And perhaps learn a thing or two from one of the original Mad Men.

Mad Men Legends, Stories, and Tips“We don’t chase new business.”

This comment is an old favorite. And it’s usually followed with “We just let it come to us.” If true, then that’s an agency that must be getting a lot of calls from search consultants or a steady stream of RFPs because of awareness built up over time. And that’s fine. But that agency probably hasn’t experienced the joy of being the only agency in the chase. And that’s a lot of fun because you can do the 48-hour close or the 7-day close knowing that if you don’t close them, the account will drift into a formal review anyway. And you’ll get another bite at the apple in the formal review process that’s sure to follow. The great joy of winning without having to make a formal pitch is something that agency probably never experienced. And I doubt there’s really any firm in the agency business that doesn’t chase new business.

“We never pitch.”

That’s another favorite expression. In my earlier years I worried how an agency could win new business without making a pitch. It didn’t make sense. Then I followed up with some agencies that were famous for this line and found on closer inspection they were of course pitching. In fact their new business directors were unanimous for telling me that they worked their backsides off on pitches, but they refused to call them “pitches.” Their word was “capabilities.” A shift in terminology, from their side it seemed, made the claim some what true in their minds.

“We never do spec!”

I lived with this one for years when I first got into new business as a new business director. And every president I worked with had dreams of being that powerful one day. Nevertheless, I wondered how agencies could make that work. It took me a lot of nosing around to discover that the agencies involved were presenting full-blown spec campaigns in the form of “concepts” or “demonstrations” but not spec in their minds. In truth it all sounded like spec to me.

“Our new business light is on.”

I loved this from a good London agency we worked with that had a real new business hawk as its managing director. He had installed in his agency’s main reception area an authentic London-style traffic light with the red marked “no” and the green marked “go.” The managing director would halt prospects at the traffic light at the start of an agency tour and the light would be green. He would tell the prospects that so many people wanted to hire his firm that he had to put up the traffic light to regulate the new business flow so that their regular clients would get his firm’s best creative attention and not get lost in the new business rush. They were now in a new business lull, of course, and he could take on one new account. It’s funny but I never noticed that the flow of new business ever slowed down much at his shop so the traffic light seemed to work. It was usually on red, and that generated a lot of talk among suppliers who stopped in, and of course it was always switched to green when prospects were in the office.

“What does that mean?”

I was working to help a nice regional agency win a major national account. The account’s president was all Headline, a personality type that we describe as business oriented and highly assertive. You have to win the Headline’s vote if you are going to get the account. The recommended strategy for winning Headlines is to offer options, not an agency favorite thing to do. For Headlines it’s a must, stating that any of these three options would work. It’s a hard strategy for agencies to follow but it really works. The agency had just presented three creative options on a major new positioning campaign, coded Red, White and Blue, to the Headline and his team of subordinates. The Headline then blurted out “We’re going with Blue!” and his subordinates all nodded agreement as most subordinates working with a Headline have learned to do. A break followed, and the agency president asked me behind the curtain in the show’s production area where I was listening to the presentation, “What does that mean?” My answer, of course, was we had the account even thought there were more agency presentations to follow. I went on to explain that’s the way Headlines work. The agency got the account.

“We’ll take them all!”

I was advising an agency making a pitch for a new account, a consumer product that was new to the US market and just being introduced. An agency to handle the launch was being hired. The agency that had engaged us had identified the client’s president as Illustration, a personality style that we describe as people oriented and highly assertive. Illustrations love the “first, most, newest, best” approach, and as such we were part of a gaggle of highly-creative national agencies pitching for the business. It was going to be a big creative shoot out. As such, we had loaded the room for the Illustration with different approaches, all designed to stimulate his love of creative and his desire for first, most, newest, best. When we finished our presentation he rewarded the agency with much praise and then he stated “We’ll take them all.” It took the agency a few minutes to understand that he wanted the music from one, the photography treatment from another and the copy approach from a third. Only an Illustration would think that way. I sent a message to the president to quit haggling, take the account, and sort it all out afterwards. Which he did.

“Do you guys do much TV advertising?”

It was a small agency, and they were into a pitch for a big chunk of a national retailer. I had worked with the agency president and helped him prepare for what was the most important presentation of his life. It was what we call a Defining Moment for the agency. As part of the preparation, I had worked with him on the importance of the Reverse, a way to handle questions in new business situations whereby you ask a question back to seek understanding about the intent of the question. In reality you are giving the prospect time to show you the right answer. At the end of the pitch, this major account ad manager asked the president, “Do you guys do much TV advertising?” The president in reality had never done any TV advertising, so he gulped and then reversed smartly, asking back was TV advertising important for this part of their business? The ad manager said “no” but he was just curious. The agency president fessed up that their agency didn’t do much TV advertising. He waited a minute while the ad manager mulled that over. Then the ad manager said, “You’re hired.” The agency president told me later that without Reversing he would still be answering that ad manager’s simple question. And probably wouldn’t have the business.

Stuart Sanders

“I love new business”

Over the years after working with thousands of agency presidents here and around the world, I found them all to be deeply concerned about winning accounts and growing their firms. It’s been a joy to work with them and teach them new ways to do new business.

Final Thought

At Sanders Consulting Group we see our role as trusted advisors helping you to chart a new path for your firm that leads to success and perhaps moving to the next level. Often we help by showing how to run ahead of the changes that are sweeping the marketing communications industry. Our starting point is simple. We believe that you can adjust to these new industry realities and survive. But if you embrace them and you can soar. Our work in this area, what we simply call “strategic direction” is perhaps the most valuable service we provide. Why not give us a call and see if we can help.
Filed Under: Chemistry Wins New Business, Leadership Tagged With: Account In Review, Ad Agency Winning New Business, Agency Search, Agency Shoot Out, Formal Presentation, pitch consulting, Pitch Training, Presentation Strategy, Presentation Tactics, Presentation Training, Presenting Techniques, Winning Formal Presentations, Winning New Business, winning the pitch

Winning The Pitch: Focus on Rehearsals

May 30, 2012 By NewBusinessHawk

The time you spend rehearsing your presentation is the single most valuable thing you can do to insure that you give a good presentation.

Always remember, if you don’t rehearse, some agency somewhere is, and when you meet them, they will win.

Think of it as a learning cycle. A well-prepared presentation enhances your delivery. And a well-practiced delivery enhances your presentation. It’s sort of like a helicopter lifting off. The more revolutions of the big blade, the better the lift off. The more revolutions you make between preparation of the presentation and the practiced delivery, the higher the impact you achieve.

Little time to rehearse is similar to cramming for an exam. Rehearsing for the first time just before you have to present is called Massed Learning. Massed Learning is better than no learning, but it’s not nearly as effective as Spaced Learning. By giving your presentation some time, you quickly find many places for improvement when you return.

The key to this learning process is working off of a script. All great orators have one thing in common. They all work from scripts. The story goes that Sir Winston Churchill, the most acclaimed orator of the 20th century, once noted that he would not give a prayer at a dinner party without a script.

Practicing from a script gives you confidence, speeds up the memorization process, and gives you a way to lock in your improvements. It’s Spaced Learning, and that builds both your confidence and your delivery.

The Most Famous Presentation in American History

There’s an Urban Legend of sorts around that claims President Abraham Lincoln wrote the Gettysburg Address on the back of an envelope on the train on that 70-mile ride from Washington, D.C., to the famous Civil War battlefield. That Legend has been around almost since Lincoln finished the address.

But nothing could be further from the truth. Lincoln was an accomplished speaker and a keen wordsmith. The address was not the major event of the day. Another speaker was there to give the major address. But Lincoln practiced all the things we have discussed here, including rehearsal and Spaced Learning.

In his Pulitzer Prize-winning book, Lincoln at Gettysburg, Garry Wills explains how Lincoln worked out the major chunks of the Address on the way to a photographer’s studio two days earlier. He then wrote out the major chunks on a piece of cardboard later that day. The next day on the way by train to Gettysburg, Lincoln wrote the Address out in full. And that night in his hotel room, before his talk, he worked it again, reading it out loud. While Senator Everett gave his address, Lincoln was seen working on his talk some more on two sheets of paper while waiting to go to the podium behind Everett, who went on for two hours.

Wills described Lincoln as a slow writer who liked to sort out his words and then tighten his logic and sharpen his phrasing as he read his speech several times.

All this Spaced Learning over several days resulted in some of the most famous 272 words in American history.

Winning The Pitch

Winning a pitch can transform an agency, re-energize it, and get it noticed by prospective clients and search consultants both. Winning a pitch usually generates more opportunities to win, you grow and you get a chance to pitch and win again. Rehearsing will help you win.

One of the main benefits to calling us when you have to win a pitch is that when we come in we show you a new way to present. We’ll show you how to create a show that dazzles prospects with its visual impact, its color and how smart it makes your agency seem. And you learn how to win this way, following the techniques we teach you for years, winning for years.

Top photo by ~Genesis-Orbit

 

Filed Under: New Business Tagged With: Account In Review, Ad Agency Winning New Business, Formal Presentation, pitch consulting, Pitch Training, Presentation Strategy, Presentation Tactics, Presentation Training, Presenting Techniques, rehearsing the pitch, Winning Formal Presentations, Winning New Business, winning the pitch

Pitch Training: Or How To Win Your Next New Business Presentation

May 16, 2012 By NewBusinessHawk

Recently we were hired to assist a small regional agency with a tough formal presentation challenge – a new business pitch. A defining moment. A must win.

Winning the Pitch

Bottom line is, sometimes you have to pitch. If you want to win.

The account in review was an economic development council; in other words a government driven, business supported, lots of chiefs with no leadership monster account with procurement driving the process to boot. To make matters worse, they were the last agency going in, the smallest, and considered by everyone to be the long shot. As in not a chance in hell of winning. Out of desperation the agency president called us… frankly he needed a win and didn’t know what else to do.

After three days of working with us they went in with something completely different then what they were originally thinking. They zigged when everyone else zagged. Based on findings from our proprietary brand research protocol, our little agency went in with the bold statement that the problem wasn’t marketing, the problem was branding – and until they got the branding figured out the council shouldn’t waste any time on marketing. With sweeping recommendations to the leadership to rename the council, change key identity brand elements, adopt a new advertising theme, and switch to a totally different PR strategy. In the end all recommendations were adopted without any changes even though the process was highly charged with put-us-first agendas.

We call this a win.

The agency called it the most incredible experience in their history.

So when are you going to call?

How We Can Help

Our advice to agencies generally covers the following items. If you need help in any one area or several, give us a call. Sometimes we can do it by phone. Other times we need to be on-site at your agency. Let’s discuss it first before you start making decisions that could harm your chances of winning.

Issue Description and Action
How to win Judging what it will take to win and should the agency go
Presentation strategy Setting the basic strategy needed to win
Setup What to do before the presentation to tantalize
Presentation production Who is going to do what and when
Presentation order Determining how to use the time the best way
Profiling assistance Which presentation tactic to follow
How to win Determining the agency selection process
Casting Who should present and why
Research to prepare Developing a basic situation analysis
Script outlines Generally what to say
Scripts Exactly what to say
Setting the time How much to devote to each section
Big idea How to “wow” them
Rehearsing Individual coaching to improve delivery
Closing techniques How to win and what to say to get a decision
Staging Owning the room
Chemistry Building rapport with the audience
After action action What to do after the presentation is complete

Some FAQs on Pitch Training

1. Question: What type of pitch training does Sanders Consulting Group offer?

Sanders: We have a day-long program that helps agencies design successful presentations. It’s called Presenting To Win and one of our senior consultants comes to the agency to present it. The focus is on helping the total agency win, not just help one or two people at the agency present better. Over time our clients have overwhelmingly preferred this approach.

2. Question: What’s covered in training?

Sanders: We start with an evaluation of the agency’s recent pitch successes and failures. We try to determine where the problems are. Is it a lack of knowledge or skills or procedures or techniques? Then we show the agency the proper way to design a successful presentation and encourage the agency to adopt these procedures. When they do, the wins really go up.

3. Question: Do you get into pitch structure, the so-called organization of the pitch?

Sanders: Yes. In fact you touched on one of the most important parts to winning and a part of custom pitches that’s rarely understood. In the training we show the agency how to set up the “chunks” of the presentation, meaning its structure. This should be done promptly, even on the day the decision is made to compete. That seems impossible to those agencies that rush to put on pitches without a clear pattern of presenting but this way of organizing the chunks in the very beginning is much better and increases the wins.

4. Question: What else goes into the pitch structure? [Read more...]

Filed Under: New Business Tagged With: Account In Review, Ad Agency Winning New Business, Agency Search, Agency Shoot Out, Formal Presentation, pitch consulting, Pitch Training, Presentation Strategy, Presentation Tactics, Presentation Training, Presenting Techniques, Winning Formal Presentations, Winning New Business, winning the pitch

Did your agency just lose a new business pitch?

April 12, 2012 By NewBusinessHawk
There’s nothing more costly in agency life than losing a new business pitch. Out the window go all the time, money, and energy spent on a prospect that goes with another agency. A competitor no less. After all, this is a zero-sum-game.
Don't be a loser!

The inability to sell-in your ideas has consequences that reach far and wide.

What happens when you lose? News of the loss causes the agency’s self-confidence to fade. Agency morale drops. Fingers get pointed. Self-criticism begins. It’s a destructive process that can damage the very heart and soul of the firm.
For this reason it’s important that agency management move quickly to repair the damage. But instead of adding to the negative feelings with another round of “here’s-what-we-did-wrong” incriminations, be more positive. Get some professional support for your agency on how to do it right next time. And turn the loss into a powerful learning experience.

Rethink Presentations

Most agencies haven’t changed the way they present their work in years. It’s the old “aren’t-we-great case studies” followed with a “BIG IDEA” and then followed with the mind-numbing “oh yeah, media, tactics, execution… blah blah blah” style. This results in weak presentations that blend in with every other marketing firm. These “tried-and-true” presentations are supposed to be something prospects will remember. Supposed to inspire. Supposed to win!
Clients expect agencies to be experts at presenting. Back in the day, in the golden age of advertising, agencies were the magicians of industry. With a simple idea they could transform markets, brands, industries. And “agency people” were master presenters. The pitches were simple, but had style, substance.
When pitching, lose the slides. Slides can only show one concept or thought, and these will be forgotten when the next slide appears. It’s more powerful to use props, mind maps, logic trails and emotion to help prospects first understand and then accept the agency’s point of view. Put the emphasis up front; help clients grasp the strategic thinking behind the recommendation. Integrate media, marketing, planning and creative all together in one strategic sweep prospects easily appreciate.
Follow a map. Mapping techniques encourage prospects to use both their logical side and their emotional side to evaluate the agency’s position. This blending encourages acceptance that moves the agency into a position of trusted advisor rather than creative vendor – a strategic partner that prospects are more willing to hire.
Present with style. If done well, the agencies presentations style will impact client retention as well. When an agency changes to a more visual style, moving away from just PowerPoint presentations, fewer recommendations get rejected because when clients understand, they buy. The agency spends less time on rework and staff morale zooms. Productivity soars. Write offs drop. And the agency’s creative reputation improves because more daring work gets produced.
What separates great marketing agencies from all the others is not better thinking! It’s the ability of those agencies to pitch their ideas better. And great work won’t sell if it’s not pitched properly.
I hope this helps, and if you want more information please let me know. Last year we helped firms win $75,000 to $150 million with our pitch consulting.
Winning the pitch
View more PowerPoint from Sanders Consulting Group

Filed Under: New Business Tagged With: Account In Review, Ad Agency Winning New Business, Agency Search, Agency Shoot Out, Formal Presentation, pitch consulting, Pitch Training, Presentation Strategy, Presentation Tactics, Presentation Training, Presenting Techniques, Winning Formal Presentations, Winning New Business, winning the pitch
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