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Launch! Advertising and Promotion in Real Time, 2009a

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of the first review meet<strong>in</strong>gs the <strong>in</strong>cumbent agency had with its longst<strong>and</strong><strong>in</strong>g client, GSD&M agency<br />

president Roy Spence played a clip from the movie Dumb <strong>and</strong> Dumber, <strong>in</strong> which the romantically<br />

challenged character played by Jim Carrey is told by the girl of his dreams the chances they will be<br />

together are one <strong>in</strong> a million. Carrey replies, “So…you’re tell<strong>in</strong>g me there’s a chance?” [2]<br />

Spence’s attempt at lightheartedness hid a hard truth: there was no salvag<strong>in</strong>g the relationship. GSD&M<br />

was unsuccessful <strong>in</strong> its pitch for the bus<strong>in</strong>ess, which <strong>in</strong>cluded a poorly received report suggest<strong>in</strong>g that<br />

Wal-Mart’s decl<strong>in</strong><strong>in</strong>g reputation was at the root of its struggle for higher share prices. In an <strong>in</strong>terest<strong>in</strong>g<br />

turn of events, the agency that “won” the bus<strong>in</strong>ess, Draft FCB/Chicago, was dropped <strong>in</strong> a matter of<br />

months, <strong>and</strong> Wal-Mart once aga<strong>in</strong> <strong>in</strong>vited GSD&M to pitch its bus<strong>in</strong>ess. This time, GSD&M swallowed<br />

hard <strong>and</strong> passed on a chance at the $580 million assignment. Like the song goes, you gotta know when to<br />

hold ’em <strong>and</strong> know when to fold ’em.<br />

Who Conducts the Pitch?<br />

Marketers who work on the br<strong>and</strong> for the client are the ones who <strong>in</strong>itiate the pitch process when they<br />

make the decision that they would like to search for an agency. The person with<strong>in</strong> the organization who<br />

generally leads the search is the chief market<strong>in</strong>g officer or the vice president of market<strong>in</strong>g.<br />

Some marketers choose to partner with a search consultancy whose job is to conduct the search. They use<br />

different methods to determ<strong>in</strong>e which agencies are the most appropriate fit for their client’s pitch. They<br />

also work as liaisons between the client <strong>and</strong> the compet<strong>in</strong>g agencies to h<strong>and</strong>le questions <strong>and</strong> logistics <strong>and</strong><br />

to structure the pitch.<br />

The Pitch Process<br />

The pitch process can be short or long, depend<strong>in</strong>g on the <strong>in</strong>formation the client requests <strong>in</strong> order to make<br />

the decision. There is usually a series of steps, <strong>in</strong>clud<strong>in</strong>g but not limited to these:<br />

<br />

Fil<strong>in</strong>g the RFP. A client will send out the RFP, which will <strong>in</strong>clude some basic background <strong>in</strong>formation<br />

<strong>and</strong> prelim<strong>in</strong>ary statements of what the agency will be tasked to solve. The agency <strong>in</strong> turn will fill out<br />

the RFP with an <strong>in</strong>troduction about themselves, as well as answers to any other questions the RFP<br />

asks.<br />

<br />

Chemistry meet<strong>in</strong>g. Based on the responses to the RFP, the client will <strong>in</strong>vite select agencies to meet <strong>in</strong><br />

person. This meet<strong>in</strong>g is generally called a chemistry meet<strong>in</strong>g, as it is designed to allow the companies<br />

to determ<strong>in</strong>e how well they like each other <strong>and</strong> if there is “chemistry” between them.<br />

Saylor URL: http://www.saylor.org/books<br />

Saylor.org<br />

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