Thursday, June 24, 2010
The Vanity of Advertising
I think the Industry often does clients a disservice by not focusing on Sales. Yet at the same time patting each other on the back for great work that can not be proven has benefited the clients who paid for the work.
Glaring proof is the ridiculous number of Awards events. I know Advertising and Media is highly segmented due to mediums, formats, and technologies. But I have never once seen an award connected to sales. Shouldn't all awards for the most part be connected to either sales or customer retention.
And shouldn't the winners of all awards events be based not on the creative or the quality of work but the sales increase? If I helped a client increase sales 100% and someone else who wins an award can't prove they helped make a dime, doesn't that confuse our clients? Doesn't that do a disservice to our industry as a whole and have people view us as scammers?
In direct sales no awards are won unless you sell. And the ones who sell the most get the awards. And yes...THEY GET PAID MORE! And this whole issue of not wanting to be paid for performance because of the 'risk' and 'investment' is a crock of shit. I say that because businesses hire and train and support direct sales efforts risking much more money than advertising does with the same risks! Agencies should not be guaranteed a profit, but should have all their costs covered that includes the employee rate and everyone's pay. And if you are afraid you won't perform then that is the Agencies fault, not the demanding client. You don't have to take the work. Or if the Brand (see tomorrows post) sets you up to fail that is the Agencies fault too for being a sell out for some money.
Remember 9 out of 10 products fail in the marketplace. Do Brands stop product development because they know 9 will be failures? So for an Agency to demand always a profit is pretty damn vain.
My next post will discuss the Agency Bidding and Review process because its only fair I hold the Brands to account for their shortcomings.