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Why everyone is 
bitchin’ about pitchin’	



          TrinityP3


        © COPYRIGHT 2012




                           marketing management consultants
Once upon a time…	

•  It was enough to simply give an agency a
   brief and select the best idea.

•  Now there is great complexity and greater
   demand for rigor and due diligence.

•  But sometimes this process can become
   an obstacle to a successful outcome.

•  Here is what you need to consider to
   reduce the bitchin’ and advertising pitchin’.

                                      marketing management consultants
Outcomes	




Winners                 Losers




                         marketing management consultants
Outcomes	


                •  The outcome of this
                   process is a winner


Winners         •  And run correctly the
                   marketer wins too

                •  But where there is a
                   winner, there are also…



                          marketing management consultants
Outcomes	


•  All of the other agencies
   asked to pitch

•  Plus trade press love           Losers
   the drama of the victor
   and the vanquished

•  And the industry love to
   gossip about it too

                                    marketing management consultants
Resources	




High cost        High cost in
 in time          resource



                       marketing management consultants
Resources	

              •  The pitch process is
                 time consuming

              •  It is also disruptive to
High cost        the current marketing
                 process
 in time
              •  Across all internal
                 stakeholders it can take
                 500 – 700 hours

                         marketing management consultants
Resources	


•  Add to this the time
   invested by the agency

•  Multiply that by the      High cost in
   number of agencies         resource
•  And you are suddenly
   burning many
   thousands of dollars

                                   marketing management consultants
Risk	




Moderate             High




                     marketing management consultants
Risk	

               •  There are risks
                  associated with a pitch
                  for the marketer

Moderate       •  Sharing confidential
                  plans and strategies
                  with third parties

               •  Plus your reputation is
                  on display to the industry

                         marketing management consultants
Risk	

•  The risk for the
   agencies is higher

•  Publicly losing a pitch
   impacts their reputation        High
•  Plus the are investing
   in a process they have
   little control over


                                   marketing management consultants
Process	




Thorough                Efficient




                          marketing management consultants
Process	


                 •  You need to ensure you
                    assess all of the
                    available options for:
Thorough            •  Capability
                    •  Expertise
                    •  Chemistry
                    •  Value



                          marketing management consultants
Process	

•  While at the same time
   minimise waste due to:
   •  Duplicated steps
   •  Protracted approval
      processes                    Efficient
   •  Conflicting schedules

•  The average pitch
   should take no longer
   than 6 – 12 weeks

                                     marketing management consultants
Approach	




Open                 Fair




                     marketing management consultants
Approach	

             •  You can manage
                confidentiality without
                being closed

Open         •  An information vacuum
                is soon filled with rumor
                and misinformation

             •  So take control of
                the process

                       marketing management consultants
Approach	

•  Be open and
   transparent with all
   stakeholders on:
   •  Process
   •  Timing                      Fair
   •  Reason / Rationale

•  But only share agency
   information with their
   permission

                                  marketing management consultants
Requirement	




Advisor           Supplier




                       marketing management consultants
Requirement	

             •  Are you looking for a
                advisor or a supplier?

             •  An advisor provides
Advisor         strategic advice and
                recommendations

             •  They can create and
                add tangible value


                       marketing management consultants
Requirement	


•  A supplier simply
   provides products and
   services

•  A supplier or vendor
                                Supplier
   fulfills your needs, no
   more and no less

•  Value creation is
   incidental

                                     marketing management consultants
Focus	




Strategic              Creative




                         marketing management consultants
Focus	


                 •  Strategy is the solution
                    or solutions to a
                    problem

Strategic        •  The strategic process
                    usually delivers long
                    term value

                 •  Good strategy always
                    comes before execution

                           marketing management consultants
Focus	

•  Creativity is innovation
   or, at the least, novelty

•  Do you want a strategic
   solutions provider?               Creative
   Creative innovator?
   Both?

•  The process you use will
   determine the outcome

                                       marketing management consultants
Criteria	




Rational                 Emotional




                           marketing management consultants
Criteria	


                 •  Choosing the right
                    agency is more
                    emotional than rational

Rational         •  It is more subjective
                    than objective

                 •  Therefore it is important
                    to value both in the
                    process

                           marketing management consultants
Criteria	

•  Develop  use metrics,
   and score cards that:
   •  Rationally measure
      the emotional
   •  Objectively score             Emotional
      the subjective

•  Allows you to organise,
   assess the feelings and
   thoughts of the group

                                      marketing management consultants
Alignment	




Capabilities       Relationship




                         marketing management consultants
Alignment	


                •  In selection hierarchy
                   the point of entry is
                   agency capabilities

Capabilities    •  With agencies often
                   having similar
                   capabilities, it is
                   rarely a differentiator



                           marketing management consultants
Alignment	


•  The true point of
   differentiation is
   relationship or
   chemistry
                                 Relationship
•  This is often subjective
   measures such as
   aligned values, mutual
   trust, creative alignment


                                       marketing management consultants
Success	




Process                Output




                        marketing management consultants
Success	


                •  The process you
                   choose will influence or
                   define the outcome

Process         •  Therefore ensure you
                   have a very clear view
                   of success

                •  Develop the process to
                   deliver this

                          marketing management consultants
Success	

•  The outputs of the
   process are important

•  But equally so is the
   process itself                   Output
•  Decisions should be
   made taking both into
   consideration


                                     marketing management consultants
To avoid bitching…	


•  Clearly define a       •  Recognise risks
   successful outcome        for both parties

•  Align your process     •  Define criteria and
   to that outcome           metrics against success

•  Minimise wasted time   •  Treat agencies as
   and resources             partners not vendors


                                    marketing management consultants
For more information go to
                                     http://www.trinityp3.com/	

               Trinityp3.com/blog/                                                                                                       TrinityP3 Pty Ltd
                                                                                                                                                   Sydney
                                                                                                                                         +612 8399 0922
               @TrinityP3                                                                                                                       Melbourne
                                                                                                                                         +613 9682 6800
                                                                                                                                               Hong Kong
               TrinityP3
                                                                                                                                         +852 3478 3982
                                                                                                                                                Singapore
               TrinityP3.StrategicMarketingConsultants                                                                                    +65 6631 2861



               Slideshare.net/darrenwoolley                                                                                          people@trinityp3.com



TrinityP3’s liability is limited as per our standard terms and condition as approved by the client prior to the project commencing


                                                                                                                                          marketing management consultants

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Why everyone is bitching about advertising pitching

  • 1. Why everyone is bitchin’ about pitchin’ TrinityP3 © COPYRIGHT 2012 marketing management consultants
  • 2. Once upon a time… •  It was enough to simply give an agency a brief and select the best idea. •  Now there is great complexity and greater demand for rigor and due diligence. •  But sometimes this process can become an obstacle to a successful outcome. •  Here is what you need to consider to reduce the bitchin’ and advertising pitchin’. marketing management consultants
  • 3. Outcomes Winners Losers marketing management consultants
  • 4. Outcomes •  The outcome of this process is a winner Winners •  And run correctly the marketer wins too •  But where there is a winner, there are also… marketing management consultants
  • 5. Outcomes •  All of the other agencies asked to pitch •  Plus trade press love Losers the drama of the victor and the vanquished •  And the industry love to gossip about it too marketing management consultants
  • 6. Resources High cost High cost in in time resource marketing management consultants
  • 7. Resources •  The pitch process is time consuming •  It is also disruptive to High cost the current marketing process in time •  Across all internal stakeholders it can take 500 – 700 hours marketing management consultants
  • 8. Resources •  Add to this the time invested by the agency •  Multiply that by the High cost in number of agencies resource •  And you are suddenly burning many thousands of dollars marketing management consultants
  • 9. Risk Moderate High marketing management consultants
  • 10. Risk •  There are risks associated with a pitch for the marketer Moderate •  Sharing confidential plans and strategies with third parties •  Plus your reputation is on display to the industry marketing management consultants
  • 11. Risk •  The risk for the agencies is higher •  Publicly losing a pitch impacts their reputation High •  Plus the are investing in a process they have little control over marketing management consultants
  • 12. Process Thorough Efficient marketing management consultants
  • 13. Process •  You need to ensure you assess all of the available options for: Thorough •  Capability •  Expertise •  Chemistry •  Value marketing management consultants
  • 14. Process •  While at the same time minimise waste due to: •  Duplicated steps •  Protracted approval processes Efficient •  Conflicting schedules •  The average pitch should take no longer than 6 – 12 weeks marketing management consultants
  • 15. Approach Open Fair marketing management consultants
  • 16. Approach •  You can manage confidentiality without being closed Open •  An information vacuum is soon filled with rumor and misinformation •  So take control of the process marketing management consultants
  • 17. Approach •  Be open and transparent with all stakeholders on: •  Process •  Timing Fair •  Reason / Rationale •  But only share agency information with their permission marketing management consultants
  • 18. Requirement Advisor Supplier marketing management consultants
  • 19. Requirement •  Are you looking for a advisor or a supplier? •  An advisor provides Advisor strategic advice and recommendations •  They can create and add tangible value marketing management consultants
  • 20. Requirement •  A supplier simply provides products and services •  A supplier or vendor Supplier fulfills your needs, no more and no less •  Value creation is incidental marketing management consultants
  • 21. Focus Strategic Creative marketing management consultants
  • 22. Focus •  Strategy is the solution or solutions to a problem Strategic •  The strategic process usually delivers long term value •  Good strategy always comes before execution marketing management consultants
  • 23. Focus •  Creativity is innovation or, at the least, novelty •  Do you want a strategic solutions provider? Creative Creative innovator? Both? •  The process you use will determine the outcome marketing management consultants
  • 24. Criteria Rational Emotional marketing management consultants
  • 25. Criteria •  Choosing the right agency is more emotional than rational Rational •  It is more subjective than objective •  Therefore it is important to value both in the process marketing management consultants
  • 26. Criteria •  Develop use metrics, and score cards that: •  Rationally measure the emotional •  Objectively score Emotional the subjective •  Allows you to organise, assess the feelings and thoughts of the group marketing management consultants
  • 27. Alignment Capabilities Relationship marketing management consultants
  • 28. Alignment •  In selection hierarchy the point of entry is agency capabilities Capabilities •  With agencies often having similar capabilities, it is rarely a differentiator marketing management consultants
  • 29. Alignment •  The true point of differentiation is relationship or chemistry Relationship •  This is often subjective measures such as aligned values, mutual trust, creative alignment marketing management consultants
  • 30. Success Process Output marketing management consultants
  • 31. Success •  The process you choose will influence or define the outcome Process •  Therefore ensure you have a very clear view of success •  Develop the process to deliver this marketing management consultants
  • 32. Success •  The outputs of the process are important •  But equally so is the process itself Output •  Decisions should be made taking both into consideration marketing management consultants
  • 33. To avoid bitching… •  Clearly define a •  Recognise risks successful outcome for both parties •  Align your process •  Define criteria and to that outcome metrics against success •  Minimise wasted time •  Treat agencies as and resources partners not vendors marketing management consultants
  • 34. For more information go to http://www.trinityp3.com/ Trinityp3.com/blog/ TrinityP3 Pty Ltd Sydney +612 8399 0922 @TrinityP3 Melbourne +613 9682 6800 Hong Kong TrinityP3 +852 3478 3982 Singapore TrinityP3.StrategicMarketingConsultants +65 6631 2861 Slideshare.net/darrenwoolley people@trinityp3.com TrinityP3’s liability is limited as per our standard terms and condition as approved by the client prior to the project commencing marketing management consultants