What Companies Consider When Choosing an Advertising Agency
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What Companies Consider When Choosing an Advertising Agency

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The major deciding factors companies consider when choosing an advertising agency.

The major deciding factors companies consider when choosing an advertising agency.

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What Companies Consider When Choosing an Advertising Agency What Companies Consider When Choosing an Advertising Agency Presentation Transcript

  • What companies consider when choosing an advertising agency @97thFloor 97thFloor.com
  • Chris Bennett | CEO @ChrisBennett @97thFloor 97thFloor.com
  • 1 2 3 Deciding Factors Reasons for reviewing a new agency Deciding factors made during the presentation View slide
  • Deciding Factors (Data is % of Agencies asked) Study from www.RSWUS.com View slide
  • 43% of companies said they considered Agency specialty type Tweet this
  • 10% of companies said they considered Awards won
  • 29% of companies said they considered Quality and content of agency website
  • 6% of companies said they considered Search engine results
  • 13% of companies said they considered Info from searches on marketing websites
  • 21% of companies said they considered General unattributable awareness
  • 12% of companies said they considered Recommendation from another incumbent agency
  • 10% of companies said they considered Industry trade body
  • 38% of companies said they considered Advice or recommendation from a marketer
  • 36% of companies said they considered Advice or recommendation from a colleague
  • 41% of companies said it was a Timely approach by an agency
  • 10% of companies said they considered Introductory service
  • 27% of companies had Other reasons
  • DECIDING FACTORS Agency specialty type Awards won Quality & content of agency website Search engine results Info from searches on marketing websites General unattributable awareness Recommendation from another incumben agency Industry trade body Advice or recommendation from a marketer Advice or recommendation from a colleague Timely approach by an agency Introductory service Other
  • How Many Agencies Were Considered? Percentage of companies that looked into number of agencies 6% 1 agency looked into 12% 3% looked into 10+ agencies 1% looked into 9 agencies looked into 2 agencies 2% 8 agencies looked into 8% looked into 6 agencies 39% 12% 5 agencies looked into looked into 3 agencies 17% 4 agencies looked into
  • Reasons for reviewing a new agency
  • 20% of companies said it was because of an Agency’s inability to manage or control costs
  • 17% of companies said it was because of a Worsening relationship with agency team
  • 28% Lack of proactivity of companies said it was
  • 40% of companies said it was because they were Not happy with strategy or thinking Tweet this
  • 37% of companies said it was because they were Not happy with creative
  • 17% of companies said it was because they Wanted lots of ideas for a new project
  • 3% of companies said it was because of Following the results of an external audit
  • 11% of companies said it was because of Change of key personnel at agency
  • 1% of companies said it was because of Change of agency ownership
  • 3% of companies said it was because of Personal policy after a certain period
  • policy 8% Companyperiod after a certain of companies said it was because of
  • 25% of companies had Other reasons
  • Deciding factors made during the presentation
  • 40% of companies said they considered Questions asked by agency
  • 72% of companies said they considered Creative presentation
  • 2% of companies said they considered Length of presentation
  • 28% of companies said they considered Other clients agency has worked for
  • 40% of companies said they considered the Agency’s planning process
  • 17% of companies said they considered Attendance of the day-to-day agency team
  • 39% of companies said they considered the Personality of presenter
  • 26% of companies said they considered the Relevance of case studies
  • 60% of companies said they considered an Offering of something fresh & new
  • 63% of companies said they considered Understanding your company direction
  • 12% of companies said they considered the Keeping to a scheduled appointment
  • 77% of companies said they considered Understanding of your market Tweet this
  • 11% Other reasons of companies had
  • Chris Bennett | CEO Sources: www.RSWUS.com Lebron James: Keith Allison | Flickr Times Square: Héctor de Pereda | Flickr Boxing: familymwr | Flickr Toy story: TooMuchDew | Flickr Sue Sylvester: Loren Javier | Flickr @ChrisBennett 97thFloor.com @97thFloor