Mark Schnurman, primary pitch consultant for Filament Inc. shares his thoughts on the new business process for advertising agencies.
Sunday, November 13, 2016
Why do clients kill the best creative?
An unfortunate reality in advertising is that frequently, the best ideas get killed. Some of the this can be chalked up to risk-averse client attitudes. But from what I have seen, client's frequently reject great ideas not because they don't like the idea......they reject the idea because they don't even get the idea.
It is easy to blame this on clients not being creative. Or maybe they are just dumb. Or maybe, just maybe...the creative person did not do a good enough job presenting the creative.
You can/t fix dumb clients. You can fix poorly presented creative.
Creatives have a number of challenges helping clients understand what makes an idea great. It starts with establishing yourself as solving a business problem (not a creative problem). Next, help clients understand what the challenge is in bringing the idea to life. It also helps to let the client understand how the idea came about instead of simply showing the idea.
It comes down to how you set up the idea. Many creative show the work and then describe the work. The challenge is that once the clients sees work, they start judging. Once they start judging, it is too late to sell the work because they are not listening to a work you say. Their mind is made up.
It is a little hard to explain in a blog but there is webclinic on the topic. For more in for click here.
-Mark Schnurman
Filament Inc
Thursday, October 27, 2016
Advice for the first job after college
The following are some thoughts from a friend of mine who always seems to come up with smart, helpful, heartfelt wisdom.
Words of advice to my intern, who is leaping into the big city for her first job after college: These things will help you succeed:
Words of advice to my intern, who is leaping into the big city for her first job after college: These things will help you succeed:
- Arrive on time; don’t leave early
- Bring a notepad with you at all times
- Never say “I don’t know” but “I will find out for you”
- Don’t let an email sit in your in box without a reply for more than 24 hours; follow up, even if it’s to say, “I’m working on it;”
- Ask “What else can I do for you?”
- Learn how to criticize tactfully – surround it with compliments
- When you make a mistake, apologize, then quickly do whatever it takes to fix it – and learn from it
- Shake hands firmly and look in the other person’s eyes
- Don’t get involved in office gossip
- Ask “How am I doing?” well before your annual review
- Don’t kiss ass, but if you have to, do it with sincerity
- Be as transparent as possible while remaining professional – you want to establish credibility, and you can’t do that if you are not upfront and honest about your own performance
- Check email on the weekend – your boss is!
- Do what’s asked of you even if it’s not in your job description because you will be known as a problem-solver
- Own each project
- Your opinion will not always matter; your opinion always matters
- Don’t say “I feel” or “I think” without backing it up with facts
- Make sure your head can still fit through the door
- Don’t settle
- Family is the top priority, and they will forgive you if you can’t be there 100% of the time – just make sure you are there 99% of the time
- Exercise
- Don’t ask about your boss’ personal life
- Don’t talk about shoes … no, wait, definitely compliment your boss’ shoes!
- When someone asks what you did this weekend, be vague but say you had a good weekend
- Don’t play hooky
- No task is below you
- Smile and say hello to everyone from the janitor to the CEO
- BE YOU!
Sunday, September 18, 2016
New Advertising WebClinics
Are you looking to
enhance your ECD’s skills? Do you want to increase the agency’s bottom line (of
course you do!). Has word gotten back to you that some employees are bad
presenters (the cause: nervousness perhaps)?? How familiar are you with
programmatic buying? Want to learn how to keep clients longer? Are you
maximizing social media to attract new business?
If the responses to these questions have piqued your
interest, advertising agency consultancy Filament Inc. is the answer.
Bob Linden, after a decades long stint at The American
Association of Advertising Agencies (4As) and most currently as 4As Senior Vice
President, Training, Education & Development, has joined forces with
advertising training and consultancy firm, Filament Inc. Bob has created a new WebClinic practice
designed to train you and your employees in the practical, advertising specific
skills that can be put to use immediately.
The following is a partial list of the topics that Bob has assembled.
- Managing Creatives
- Writing More Effective Creative Briefs
- Using Social Media to Attract New Business
- Keeping Clients Longer
- The Next Generation of Programatic Buying
- Creating Better Social Advertising Faster
- Negotiating to Win (targeted to Account Service)
- Succeeding When You Are Not the Client’s Only Agency
- Building Strong, Sustainable Client Relationships
- Techniques to Improve Your Bottom Line
- Marketing Strategies for the Modern Mother
- How To Create a Powerful Presentation
- Managing Presentation Nerves
Time is a valuable commodity in the agency world. The Web Clinics will begin at 12:30 pm EST,
so agencies may be able to utilize them as lunch and learns.
People have asked us, given the saturation of webinars, how
our WebClinics differ from others. The answer
can be summed up in one word—content. Bob has lined up best-in-class WebClinic leaders who will
address issues facing the advertising community today.
A listing of WebClinics
and online registration will be available shortly.
#Filamentwebclinics
Wednesday, September 7, 2016
Are you Pitching to Win?
Many agencies seem to believe that great creative, great strategy, great research, great chemistry, great (insert your criteria here) is the key to winning a pitch. And that the agency's creative/strategy/chemistry/etc. is so great that it will overcome any shortcomings that they may have.
Unfortunately, a pitch is more like a hurdles race. You do not get extra credit for sailing three feet over a hurdle. It is not like you can use that extra three feet on the next hurdle. Each hurdle, whether it is creative/strategy/chemistry/etc. is a new challenge. Fail any one challenge and you will likely lose the pitch.
The difficulty is that each of the different criteria require resources and effort. The internal competition for resources at an agency can be a political minefield. There are a thousand reasons that a particular department may get more than their fair share of resources but this can have a detrimental effect on the overall pitch.
For example, an agency may spend a bunch of money on primary qualitative and quantitative research but only assign two teams to concept for the pitch. Another agency may put six creative teams on the pitch but rely on secondary data and a few qual interviews for their research, creating a flimsy strategic foundations for their recommendations. It could be that they agency already knows the category and doesn't need to do the research but no clients wants to hear that their agency already knows it all.
A terrible example that I witnessed was an agency spent well over $100,000 on primary research and did their presentation on a poor quality, $700 projector. Poor allocation of resources.
Another frequently squandered resource is time. How much time is the agency spending tweaking slides or creative instead of rehearsing. While I realize that there is such a thing as over-rehearsing, experience says that most agencies never get anywhere near being too rehearsed. A poorly presented presentation can torpedo a good pitch very quickly.
Money is the most obvious and scarce resource. For every dollar that the agency spends on freelancers, that is one less dollar that they can spend on research, production, staging, etc.
The challenge is in making sure the agency clears every hurdle. You can do this by better managing resources like people, time and money to insure that every area is being addressed. Are you using resources as wisely as you could?
Mark Schnurman
President - Filament Inc.
Wednesday, August 31, 2016
Overcoming Presentation Nerves
While everyone knows that fear of public speaking is common, you may think that your nervousness is much worse because you get nervous just presenting to a few people. When you are speaking to a small group, it is hard to call it “public” speaking. It is just a meeting! You may think you are the only one suffering, since your coworkers don’t seem to be having the same problem.
The fact is that most people get nervous presenting at
some point in their career. For the past
15 years we have been asking workshop attendees if they ever feel nervous. More often than not, the majority of hands
are raised. One day I was coaching at an
advertising agency where people are required to present frequently. When the HR person discovered that I had a
spare hour to run a discussion, they put out an online request for who would
like to attend a discussion on handling nerves?
Two hours later, there were 50 people in the room.
How can this be when it seems most people around you
don’t look nervous? The reason is some
people don’t show outward signs of nervousness.
Some people just get a little formal or soft spoken, or they speak too
quickly. Some lose their personality and
warmth. If you had the opportunity to
ask them, they might tell you they thought they did a horrible job and they
were trembling inside.
So the first step in addressing nerves is focusing on the
physical signs of nerves: Do you speak too fast, too softly, do you scan the
room or break eye contact and talk to the screen for too long? Do you use
fillers such as um, like, sort of, kind of? Do your hands shake or do you rock back and
forth or flush?
If you are not sure what makes you look nervous, take a
video of yourself and take a good look at it.
Pick out one area to address. For example if you fidget, don’t clasp
your hands together. Instead use a one handed rest position such as putting
one hand in your pocket or on a chair so you don’t trigger the fidgeting . You
might also be pleasantly surprised that you are not as terrible as you
think. Sometimes we are our own worst
critics.
If you do see some problems, your goal should be to focus
on one area at a time so it doesn’t become overwhelming. Also, don't worry about getting it
perfect. Concentrate on getting it better. For example, if in your video you notice 32
ums during your five minute presentation, this will create the impression that
you are not confident in your material. Work on eliminating those filler words by
pausing more often. Perhaps in the first
week you can eliminate 50% of them. Some
people can do it in a day while others may take a month. Once you cut the fillers in half continue
reducing another 50% would bring your total to 8 ums. At our starting point of 32 ums, it is safe to
say that you did not come across as confident or knowledgeable …and you seemed nervous.
At
just 8 fillers in your presentation, no one will notice. This is simply a
physical speaking habit that is creating a bad impression.
Another option is to work on addressing ums in the first minute of your presentation. The way that you start a presentation sets the tone for the entire presentation. By addressing ums in the first minute of you presentation, you can set the tone for a much better presentation even if the ums creep back in during the balance of the presentation.
Remember, it is not about perfection. It is about improvement. Trying to be perfect
might be one of the mental triggers for your stress in the first place. Striving for perfection can be demoralizing
and can get in the way of real progress.
I realize that videoing your presentation is scary but no one is going
to watch it but you. Push through the
fear and you will be happy with your progress.
Take a before and after video so you can see your improvement. This alone will start to build your confidence. When you see that you can feel nervous yet project confidence, you will start to FEEL less nervous and more confident.
Pam Bloore
Co-Founder and Partner
Filament Inc.
Friday, August 19, 2016
Different is a better bet than better
by Mark Schnurman
President - Filament Inc.
If the goal is to
differentiate ourselves from our agency competition, then why do agencies spend so
much time just telling their clients and prospects how much better they are
than the competition? Better is not the same as different. The difficulty with focusing on what you do better than
the competition is that the agency can rarely back up its claims. As a result,
it just sounds like sales puffery that clients politely listen to and
completely ignore.
Many agencies sell themselves as “full-service” and/or “integrated.”
However, what they are basically saying is that we all do the same thing. The
result of all of our effort is that we have created non-differentiated agencies
and commoditized our product offering. When clients have a difficult time
distinguishing one agency from another, there’s just one thing they use as a
differentiator: price. This is not the situation any agency wants to be in, but
it is where many agencies find themselves right now.
The key to a point of
differentiation is that it is provable. Saying you’re better is mostly just
stating an opinion. Differentiation always has a point of proof.
“Our creative is better”
is an opinion. Your agency’s creative may in fact be better, but unless you
have a shelf full of awards, you have no proof. And recognize that every agency
has won a creative award or two, so unless you have a shelf full of awards,
your claim is just your opinion and will not resonate with your prospects.
“Our agency has better
experience than any agency in the business when it comes to financial service”
is an opinion. Nearly every agency has financial service experience. “Our
agency won Financial Services Agency of the Year three years in a row from
Financial Service Monthly Magazine” is a fact (albeit a made up fact).
The reason that agencies
say “we are better…” is that simply claiming to be better is easier, and as a
result more agencies go down that path. It is easier to simply claim to be
better than to go through the difficult work of actually making the agency
different in some way. The question for agencies is, what is it that you can
own in the marketplace? Odds are it is not about what you do better. These
types of claims have difficulty gaining traction. It is more likely a
controversial point of view or a method for executing some part of the
advertising process that will help to put some distance between you and the
competition.
One most popular
differentiating claim is that an agency’s people make them different. While it
is wonderful for morale, it probably is not true. If you are based in the New
York area, those people that you claim make you so different probably worked
for your competitor just one or two years ago. You could claim that your
culture makes you different, but you would need to point out the specifics of
the culture before the claim had much of a chance of sticking.
As if this were not difficult
enough, the next danger is giving something a name and claiming it is different
only to have the client say, “I have seen that before.” An agency’s branding
process typically falls into this category. Having seen hundreds of agency new
business pitches, from consumer, digital, media and pharma agencies, I know
that if your agency has a process that includes concentric circles, a pyramid,
or some kind of structure with columns supporting a roof … it is not unique or
differentiating. Just because you have a pithy name for the process does not
mean that the underlying process is different. It just means that the name is
different.
So where does that leave
an agency? There are still plenty of ways to carve out your own niche in the
marketplace. One way is do primary research and uncover a hidden insight about
the market. This is probably the oldest PR trick in the book. In the absence of
news, make your own news. You can than build upon this research to become the expert
on the topic.
Another strategy would be
to develop a unique point of view about the role of the agency, the role of
promotion, or the direction of the industry. Anything that gives you a platform
to discuss your topic as an industry leader and not just another agency in a
sea of similar agencies could work.
A sure fire way to differentiate
your agency in a pitch is to not focus on the agency’s brand at all. Focus on the work that your agency will do
for the prospect’s brand. Your approach
to their marketing challenges will almost certainly be different from your
competitor’s approach.
While none of the
solutions to the conundrum are quick or easy, the value of being different is
immeasurable. It may seem silly to preach the value of differentiation to an
agency, but sometimes we all need to listen to our own advice.
Thursday, December 3, 2015
Five (F)laws Pitching Your Business by Creel Price
The following is a great article on pitching ideas. While the article is not specifically about pitching in the advertising world, his five laws are still applicable. Enjoy....Mark
Five (F)laws Pitching Your Business
by Creel Price -- From building a hugely successful business with over 1,000 employees in less than a decade, to founding a social enterprise for budding young entrepreneurs, to scaling mountains and being rescued by pirates, Creel Price is a high-octane entrepreneur passionate about the “entreprenaissance” and the power of social enterprise.
I’ve always enjoyed the interesting and enlightening conversations
that often happen in the back of an Uber. I’ve talked about almost
everything from the situation in Syria right through to how to poach the
perfect egg. But one thing I never expected to be educated on is the
very thing that I spend most of my days training.
Last month, on a Thursday afternoon, the Uber App was inundated with requests from start-ups and entrepreneurs eager to join myself or one of six other business leaders in the back of an Uber for the opportunity to pitch their business. As part of a global initiative known as UberPITCH, I was thrust into the back of a car and geared up to hear the future of the Aussie start-up eco-system.
Amongst the many miles, complimentary mints and tiny bottles of water, was a flurry of Macbook Pros, prototype products and enthusiastic punters. There were a few that managed to hit the mark from the get go. Also I’m a big fan of people who think outside the box and do things differently, so I was delighted when one guy jumped in with a Ned Kelly bucket on his head and (what I hope was) a comedian who pitched her vision to make Surry Hills a Gluten Free Zone.
All-in-all it was a brilliant day with brilliantly passionate people. Surprising for not only how many people in Sydney have an idea to pitch (6,000 Uber pitchers applied in under 8 hours) but for how diverse the range of start-up ideas being launched.
But unfortunately there were a few too many over engineered slide-decks and pitches that left me confused and with little understanding of what the business actually did long after waving them goodbye on the sidewalk. The reality is, there were countless flaws in the majority of pitches I listened to, which shouldn’t be surprising given how little support and training currently exists in the market for entrepreneurs.
My learnings can be summarised into the following five pitching basics that anyone who is looking to secure angel investment should read before pitching their business in a cab or otherwise (before you get me started on how to pitch your actual business model - that happens at our forthcoming pitch event).
FLAW #1: Not Being Succinct – If you can’t say what you do in one succinct sentence that an average person would understand then chances are the average angel investor won’t understand either.
Tick off these three elements:
FLAW #2: Not Speaking With Confidence – Don’t read off your page or even show me a pre-prepared powerpoint. Know your business and tell me about what it is and why it is awesome in a conversational tone – if you can’t then your business is not cooked enough to invest in or I don’t get the confidence that you will be able to sell to customers, staff or partners which will make-up the backbone of your business. Sure rehearse but then rehearse it so it doesn’t sound rehearsed.
FLAW #3: Not Speaking Frankly – Angel investors usually hear a lot of pitches so have a keen ear for the uninformed use of buzz words. Don’t say “we are all about curation” if you aren’t a librarian, say that your product “start’s slow but will eventually go viral” or throw in how your vision will “soon be able to use virtual reality”. Use simple language that doesn’t make you look like you are a walking jargon bank or someone whose vision is just a conglomeration of the latest band wagon trends designed to impress.
FLAW #4: Not Being Authentic – Investors buy the entrepreneur first and the business second. You don’t get past first base if they first can’t buy into you. The best way to achieve this is to be authentic, passionate and of course likeable. You should also nominate why you have an authentic connection to the customer need or problem you are solving – story is a great way to achieve this.
FLAW #5: Not Having An Ask – Angel Investors want to help and they also usually have a minimum and maximum threshold on how much they would invest. Tell them how much you are looking to raise and often including the valuation and / or the type of investor you are seeking eg We are raising $500,000 at a post money valuation of $1.5 m with an expected close by end of December. But mostly we want someone who can help us access retail markets.
If you want to learn more about pitching your actual business model we have an intimate event next week with some fast paced skills development and an opportunity to pitch to some great angel investors – register now here.
Comment from Mark Schnurman -- Think of adhering to these laws not just during new business pitches, but any time where you are proposing an creative idea, strategic idea, etc. The rules still apply.
-- Mark Schnurman
President -- Filament Inc.
Last month, on a Thursday afternoon, the Uber App was inundated with requests from start-ups and entrepreneurs eager to join myself or one of six other business leaders in the back of an Uber for the opportunity to pitch their business. As part of a global initiative known as UberPITCH, I was thrust into the back of a car and geared up to hear the future of the Aussie start-up eco-system.
Amongst the many miles, complimentary mints and tiny bottles of water, was a flurry of Macbook Pros, prototype products and enthusiastic punters. There were a few that managed to hit the mark from the get go. Also I’m a big fan of people who think outside the box and do things differently, so I was delighted when one guy jumped in with a Ned Kelly bucket on his head and (what I hope was) a comedian who pitched her vision to make Surry Hills a Gluten Free Zone.
All-in-all it was a brilliant day with brilliantly passionate people. Surprising for not only how many people in Sydney have an idea to pitch (6,000 Uber pitchers applied in under 8 hours) but for how diverse the range of start-up ideas being launched.
But unfortunately there were a few too many over engineered slide-decks and pitches that left me confused and with little understanding of what the business actually did long after waving them goodbye on the sidewalk. The reality is, there were countless flaws in the majority of pitches I listened to, which shouldn’t be surprising given how little support and training currently exists in the market for entrepreneurs.
My learnings can be summarised into the following five pitching basics that anyone who is looking to secure angel investment should read before pitching their business in a cab or otherwise (before you get me started on how to pitch your actual business model - that happens at our forthcoming pitch event).
FLAW #1: Not Being Succinct – If you can’t say what you do in one succinct sentence that an average person would understand then chances are the average angel investor won’t understand either.
Tick off these three elements:
- Position where your company plays,
- State what product or service your company sells,
- Clearly identify your target market
FLAW #2: Not Speaking With Confidence – Don’t read off your page or even show me a pre-prepared powerpoint. Know your business and tell me about what it is and why it is awesome in a conversational tone – if you can’t then your business is not cooked enough to invest in or I don’t get the confidence that you will be able to sell to customers, staff or partners which will make-up the backbone of your business. Sure rehearse but then rehearse it so it doesn’t sound rehearsed.
FLAW #3: Not Speaking Frankly – Angel investors usually hear a lot of pitches so have a keen ear for the uninformed use of buzz words. Don’t say “we are all about curation” if you aren’t a librarian, say that your product “start’s slow but will eventually go viral” or throw in how your vision will “soon be able to use virtual reality”. Use simple language that doesn’t make you look like you are a walking jargon bank or someone whose vision is just a conglomeration of the latest band wagon trends designed to impress.
FLAW #4: Not Being Authentic – Investors buy the entrepreneur first and the business second. You don’t get past first base if they first can’t buy into you. The best way to achieve this is to be authentic, passionate and of course likeable. You should also nominate why you have an authentic connection to the customer need or problem you are solving – story is a great way to achieve this.
FLAW #5: Not Having An Ask – Angel Investors want to help and they also usually have a minimum and maximum threshold on how much they would invest. Tell them how much you are looking to raise and often including the valuation and / or the type of investor you are seeking eg We are raising $500,000 at a post money valuation of $1.5 m with an expected close by end of December. But mostly we want someone who can help us access retail markets.
If you want to learn more about pitching your actual business model we have an intimate event next week with some fast paced skills development and an opportunity to pitch to some great angel investors – register now here.
Comment from Mark Schnurman -- Think of adhering to these laws not just during new business pitches, but any time where you are proposing an creative idea, strategic idea, etc. The rules still apply.
-- Mark Schnurman
President -- Filament Inc.
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