Pitching is part of an advertising agency’s DNA; it’s often mandatory if an agency wants to acquire new business.

ad agency pitch process

Find a way to simplify the pitch process.

With the average length of the client relationship diminishing from eight years in 1997 to only three years today, pitching is occurring more frequently

However, according to a Provoke Insights study, approximately half (47%) of advertising professionals surveyed by Provoke Insights say they are dissatisfied with the current internal approach to pitching.

“I hate the pitch process,” one account professional confessed, under anonymity. “It means working 24-7 and completely wears everyone out.” It is not shocking that the industry says unrealistic timelines (66%) and long work hours (65%) are key reasons for such frustration. The demand of pitching is not a new issue; management expects employees to give their sweat and tears.

Yet, can the harried pace of the pitch process be avoided? Surprisingly, employees believe these tiring work conditions can be prevented if better organization and processes were in place. “Very chaotic, no clear direction until the last minute,” a media analyst mentioned when recalling his most recent pitch.

Interestingly, those who are happy with their experiences when pitching mention teamwork as a key reason for their satisfaction. “Good collaboration and clear understanding of a common purpose,” an account executive indicated as success factors.

Another area of frustration during pitches is having timely access to the appropriate research and data. Forty-four percent of advertising professionals stated that if there were better availability of research and data, pitches would run smoother and more successful. More so those who received data for pitches, 48% mentioned the speed of resources was not quick enough.

An agency has one shot to deliver the right message, so research and insights are imperative. Without them, no matter how innovative the creative is, the pitch could be off base. “Winning creative should be based on research and insights. However, many times it ends up being loosely based on not enough research causing the strategy to end up being lack luster,” a strategic planner stated.

Receiving extra support and resources in regards to understanding of the target audience (57%), competitive intelligence (53%) followed by trends analysis (53%), industry intelligence (47%) and social listening (42%) are key areas employees believe the pitch process can be more successful.

ad agency pitch support

This article was written by Provoke Insights Head of Strategy & Research Carly Fink.

Our Belief:

Does the stress of casting, staging, topic outline, order of presentation, content, leave-behinds, speaker support devices, and presentation format cause a furrowed brow? Worried by how much time and money is expended on preparing for new business pitch opportunities? Wonder if there is a better way?

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. You can read about their expierence here: 12 Winning the Pitch Presentation Rules

You want to plan to do enough on any presentation to win the account by a lot. That way you may just end up winning by a little. Rarely can minimal effort win a big account.

It helps to set limits on the number of presentations you make. And you have to fund those presentations heavily where you have a good chance of winning. Proper funding requires you limit your new business presentations. Remember, over-presenting usually means under-winning.

If you want to learn how to best manage your next presentation then sign up to Presenting To Win. Now. 

 

Photo by unsanemembrane 

 

Bob Sanders

President at Sanders Consulting Group
Our only focus is helping creative organizations develop new directions for growth and operational excellence. We do no work for clients. We're on your side.