Like this article? PLEASE +1 it! Evan Signature
Evan Carmichael Top Header about About Home Profiles articles Tools forums inspirational quotes About facebook Twitter YouTube Blog
Share for a Cause











Selecting the Top Advertising Agency for your Business Depends on the Metrics you Measure

Guest post by: Darren Woolley

Article Overview: Many advertisers are looking for the top advertising agency for their brand. But what constitutes a top advertising agency? And how do you go about identifying and selecting the best advertising agency for the brand or organization?

Free Download - The Important Distinctions Between Relationship, Collaboration and Performance Benchmarking By Darren Woolley
Name: Email:

Selecting the Top Advertising Agency for your Business Depends on the Metrics you Measure

Many advertisers are looking for the top advertising agency for their brand. But what constitutes a top advertising agency? And how do you go about identifying and selecting the best advertising agency for the brand or organization?

The most obvious answer is that the top agency is the one that enjoys the highest profile in the industry. But what does this mean? Is it the one that wins the most advertising awards? Or the one with the most effectiveness awards? Or the one winning the most business?

The answer is that the best advertising agency for any advertiser depends on what criteria you chose. And the choice of criteria depends on the strategic requirements the brand or organization has of the agency.

This seems obvious, but it is a consideration that is often overlooked in the rush often observed in the process of selecting the advertising agency to act like a panacea to poorly performing advertising and marketing plans.

We have seen marketers select an agency based on industry reputation and profile alone. While this may appear like it is a good starting point, it often does not deliver the promised results because of a misalignment of the agency to the strategic needs of the advertiser.

The reason is obvious when you look at how the industry defines a top advertising agency compared to how you may define a top-performing agency against the strategic requirements.

When you look at how agencies build their reputations it is usually through the trade publications who report on the market place. The stories the trade-press report on are: business wins and losses, new campaign launches, creative awards, effectiveness awards and senior appointments.

Of these topics, the most insightful are the senior appointments as all of the other topics are usually dependent on the quality and depth of the relationship between the agency and the advertiser.

The big mistake some advertisers make is appointing an advertising agency with a reputation for creating outstanding work, only to be disappointed that their relationship with the same agency produces less than expected results. The reason is invariably because of the advertiser and the way they engage with that agency.

Rather than selecting agencies based on their reputation, it is more important to carefully define what attributes would be required by your brand or organization that would categorise advertising agency performance.

This is more than simply functional discriminators such as expertise, capabilities, client experience, size, resources and the like. It is also the more intangible discriminators like culture, trust, philosophy, attitude and chemistry.

Of course, the industry will continue to define the top advertising agency against the accepted criteria that make compelling reading in the trade publications. But it is more important that at best this is a starting point in the selection of an agency and not the only criteria in the selection of the right agency.

Related Articles
  Measuring Marketing Results in 2009
  Who Cares More-Sales or Marketing?
  Five Reasons Agency Compensation Should Not Be Relationship Based
  Monitoring Inside Sales Productivity
  7 New Business Mistakes Agencies Make
  Successful Succession Planning - Driven By Managing Performance
  PR ROI: What is PR Worth to Your Company?
  Who SHOULD be mentored?
  Selecting The Right Advertising Agency Is Dependent On Access To A Comprehensive Agency Register
  Lesson #3: Promote the Principle of Professional Discipline
  Leveraging Usability to Profit in a Down Economy
  Agency
  Introduction 21 Ways to Increase the Power and Profit of Your Advertising without Spending an Extra Cent
  How to Measure the Effect of Press Releases
  Defining Success Metrics for Corporate Blogs
  Developing Agency Solutions to Increasingly Complex Marketing Requirements
  Tracking Business Performance: Three Entrepreneurs, Three Systems
  The Important Distinctions Between Relationship, Collaboration and Performance Benchmarking
  Website Fundamentals - How to Achieve Amazing Results Online
  Lance Armstrong's Metrics Applied to the Sale Force Equals Results

Home > Management > Darren Woolley > Selecting the Top Advertising Agency for your Business Depends on the Metrics you Measure >
Article Tags: advertising agency, agency performance, agency solutions, marketing consulting, strategic marketing, top advertising agency, trinityp3
Referred by: http://www.meetmikeandmidge.com/?t=mmevcarbio

About the Author: Darren Woolley
RSS for Darren's articles - Visit Darren's website

Darren Woolley started his working life as a scientist at the Royal Children's Hospital Neuropathology Laboratory in Melbourne, Australia, undertaking research in myopathies, neuropathies, Sudden Infant Death Syndrome and Repetitive Strain Injury. He established a chemical recycling company called Resolve before making the transition to advertising in the mid eighties.
During his 15 years as a writer and Creative Director, Darren developed brand and business communication strategies for a broad range of organisations. He was Creative Director at J Walter Thompson and President of the Melbourne Art Directors' Club for two consecutive terms.
In 2000, Darren founded TrinityP3, Asia Pacific's leading strategic marketing consulting company with an international network of more than 30 industry professionals helping people to achieve commercial purpose through creative process. What that means is he leverages his extensive knowledge of the marketing and advertising industry, to help advertisers achieve maximum value from their budget by providing cost benchmarks, industry best practice knowledge, training and independent third party advice on agency selection and remuneration, media planning and buying, digital, direct and interactive marketing, TV and print production and public relations.
Now a decade on, TrinityP3 is at the leading edge of decision making in the marketing and advertising industry that spent over $200 billion in 2009 and their client base includes more than 50 of the world's top 100 advertisers, with offices in Hong Kong, Singapore, Sydney, Melbourne, London and Wellington.
With his background as both scientist and Creative Director, Darren brings a unique sense of process combined with creative purpose to his work. He has regularly been named in Australia's AdNews Power 50: The Most Powerful People in Advertising since 2005 and is a regular industry commentator contributing to numerous trade magazines.

Click here to visit Darren's website
Dashed Line

More from Darren Woolley
Increasing Marketing Supplier Performance Through Business Strategy Alignment
Is Calling Yourself a Media Auditor Misleading and Deceptive
Developing Agency Solutions to Increasingly Complex Marketing Requirements
The Importance of Strategic Marketing Consulting in Marketing Vendor Management
The Important Distinctions Between Relationship Collaboration and Performance Benchmarking


Related Forum Posts
Top 19 Copywriting books Top 19 Copywriting books - 1. Ogilvy on Advertising. David Ogilvy. Wiley. 2. Positioning: The Battle for your Mind. Al Ries and Jack Trout. Warner. 3. The New Positioning. Jack Trout. McGraw-Hill. 4. Tested Advertising Methods. John Caples. Prentice-Hall. 5. How to Make your Advertising Make Money. John Caples. Prentice-Hall. 6. Guerrilla Advertising. Jay Conrad Levinson. Houghton Mifflin. 7. Direct Mail Copy that Sells. Herschell Gordon Lewis. Prentice-Hall. 8. Sales Letters that Sizzle. Herschell Gordon Lewis. NTC Business Books. 9. Herschell Gordon Lewis on the Art of Writing Copy. Herschell Gordon Lewis. Prentice-Hall. 10. Romancing the Brand. David Martin. American Management Association. 11. The Art of Writing Advertising: Conversations with William Bernbach, Leo Burnett, George Gribbin, David Ogilvy, Rosser Reeves. NTC Business Books. 12. Confessions of an Advertising Man. David Ogilvy. NTC Business Books. 13. My Life in Advertising. Claude Hopkins. NTC Business Books. 14. Scientific Advertising. Claude Hopkins. NTC Business Books. 15. How to Become an Advertising Man. James Webb Young. NTC Business Books. 16. The Lasker Story as He Told It. NTC Business Books. 17. Advertising Concept and Copy. George Felton. Prentice Hall. 18. The Copy WorkShop Workbook. Bruce Bendinger. The Copy Workshop. 19. Hey, Whipple, Squeeze This: A Guide to Creating Great Ads. Luke Sullivan. Wiley. This should keep you busy for at least a year. Enjoy!
Global Ad Agency Seeks Senior Sales Account Executive Global Ad Agency Seeks Senior Sales Account Executive - Global Ad Agency -- We are seeking experienced advertising Senior Sales Account Executives to join our growing sales force in New York office. ICMediaDirect.com, Inc is a Full Service Online Advertising Agency driven by a united goal to provide both online as well as offline advertisers with easy and affordable ways to plan and buy media online. We are proud to present an impressive roster of over 300 satisfied clients and a wide reach of billions of visitors each month. With two great locations - N.Y. and D.C. - we know how to PLAN your media, how to BUY your media, how to TRACK your media and how to CAPITALIZE your media. Qualifications • Minimum 2 years of active ONLINE advertising sales experience • Responsible and aggressive attitude • Successful track record with ONLINE sales • Understanding Internet advertising vehicles such as pops, banners, search and lead generation is required • Excellent communication and presentation skills • Strong computer skills are required • Detail oriented and well-organized • Ability to work independently • Enthusiastic team player The Best office location in the city! Competitive salary (plus commission), bonuses and benefits. Please send your resume with salary expectations today at jobs@icmediadirect.com!
Re: Global Ad Agency Seeks Senior Sales Account Executive Re: Global Ad Agency Seeks Senior Sales Account Executive - [quote="RobertGresch":1lt645d1]Global Ad Agency -- We are seeking experienced advertising Senior Sales Account Executives to join our growing sales force in New York office. ICMediaDirect.com, Inc is a Full Service Online Advertising Agency driven by a united goal to provide both online as well as offline advertisers with easy and affordable ways to plan and buy media online. We are proud to present an impressive roster of over 300 satisfied clients and a wide reach of billions of visitors each month. With two great locations - N.Y. and D.C. - we know how to PLAN your media, how to BUY your media, how to TRACK your media and how to CAPITALIZE your media. Qualifications • Minimum 2 years of active ONLINE advertising sales experience • Responsible and aggressive attitude • Successful track record with ONLINE sales • Understanding Internet advertising vehicles such as pops, banners, search and lead generation is required • Excellent communication and presentation skills • Strong computer skills are required • Detail oriented and well-organized • Ability to work independently • Enthusiastic team player The Best office location in the city! Competitive salary (plus commission), bonuses and benefits. Please send your resume with salary expectations today at jobs@icmediadirect.com![/quote:1lt645d1] Hi Robert, Welcome to our forums! Have you had any luck in your search for this job candidate and can I ask what other sites you've used to advertise this position?
My entry My entry - 1. The Best Business Books Ever: The 100 Most Influential Business Books You'll Never Have Time to Read - this is a fascinating book about the history of Business theory, and I'd recommend it to anybody. 2. The Big Book of Small Business: You Don't Have to Run Your Business by the Seat of Your Pants, by Tom Gegax. Ditto. 3. PADI: The Business of Diving Book Okay, so this book won't be of use to anyone who doesn't want to start a scuba store, but I did, and this book was of course invaluable to me in reaching that goal.
Re: Should you hire ambitious workers or employees with no goals Re: Should you hire ambitious workers or employees with no goals - Depends on the work you need done. Are there time limits, deadlines, etc.. Or is it like a security guard job where they have to sit and watch a monitor? If you giving them important tasks then I'd take ambitious employees any day of the week.


Recommended Article for You close

  Measuring Marketing Results in 2009

Share this article with your friends. Fund someone's dream.

Leave a comment below or share on the left and you'll help support entrepreneurs in Africa through our partnership with Kiva. Over $50,000 raised and counting - Please keep sharing! Learn more.



Featured Article

Bottom Footer



Newsletter

Get advice & tips from famous business
owners, new articles by entrepreneur
experts, my latest website updates, &
special sneak peaks at what's to come!
Name:
Email:
Popular Articles

THE “SECRET RECIPES” OF LEADERSHIP

Ten Reasons to take Notes during Sales Meetings

The Basics Of A Home Based Internet Business

Suggestions

Email us your ideas on how to make our
website more valuable! Thank you Sharon
from Toronto Salsa Lessons / Classes for
your suggestions to make the newsletter
look like the website and profile younger
entrepreneurs like Jennifer Lopez.