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Advertising
and Promotion (MKT621)
VU
Lesson
31
CLIENT
AGENCY RELATIONSHIP
OVERVIEW
In
this lecture the
requirements of a good client and its
relationship with agency will be
further
explained.
On the other hand the
basic requirements of holding on to
clients will be discussed.
It
will be further apprised that
basically an agency is always walking on
a tight rope however, if
it
is naturally and insecure agency
then it should expect rough
passage.
HOW
TO KEEP CLIENTS (10
Ways):
In
order to convince the client
of an agencies proficiency and command
over the
understanding
of
the client's requirement it is essential
that the agency should and
sure proper service,
creative
campaign ideas and the
launch of campaign based on
various aspects of market
and
target
audience. In this regard there are
ten ways to achieve this
effectively.
1.
Devote
your best brains to the
service of your
clients.
2.
Avoid
hiring unstable, quarrelsome
executives.
3.
Avoid
taking on clients who have a
record of firing agencies
regularly.
4.
Keep
contact with your clients at
all levels.
5.
Begin
preparing another campaign as soon as one
has been approved by the
client.
6.
Try
to see things from the
client's perspective.
7.
Never
refuse a client on a pretext of
having a previous engagement.
8.
Better
admit mistakes & do so before you
are charged with
them.
9.
Always
rehearse you presentations before
presenting to clients.
10.
During
a presentation while reading
aloud never depart from
printed text.
HOW
TO BE A TOP ACCOUNT
EXECUTIVE:
The
most important factor in an
agency is the office of
accounts executive it is he who
has
direct
contact with the client,
reads clients mind and works
in coordination with the
creative
team
to translate the requirement of
the client into a forceful
campaign. In order to be a
top
accounts
executive it is mandatory that
such executive should have
following qualities in
him/her.
·
Be
Ambitious but not
Aggressive: As
explained above the accounts
executive should be
sharp
and be able to understand and read the
mind of the client get it is essential
that
through
his deliberations with the
client he may sound
ambitious yet at no time
should
show
aggressiveness.
·
Don't
be Arrogant: The
account executive must be
very humble, soft spoken
and
concentrate.
·
Read
as much as Possible: An account
executive can only be efficient and
convincing if
he
or she be fully aware of the market and
the different trends.
Besides this he
should
have
access to various surveys
conducting and available about
the product of the
client.
·
Study
Advertising Trends of
Market: It is also essential
that the account
executive
should
be fully alert to the prevalent
advertising trends of competitors in
the market.
·
Develop
the Mind for Team
Work: The
account executive should
always have the
ability
to develop a team and to get the best
out of it.
Eight
Points of Advice
The
account executive can only be
the best if he/she adheres to
certain principles as he or she
is
bound
to be confronted with unexpected and
undesirable situations. It is the
handling of these
91
Advertising
and Promotion (MKT621)
VU
situations
which will win the battle
for the account executive.
In this regard following
eight
points
of advice can prove useful and
important.
1.
When
blackballed don't be disheartened:
If at any time the idea
presented by the
account
executive is rejected he or she
should not be dishearten and
prepare alternatives.
2.
Be
a good marketer: The
account executive should be a person
who can sell his
concept
buy
his ability to do so and the
information regarding the
market.
3.
Learn
to make good
presentations: In this
competitive world the most
effective method
of
presenting an idea to the
client is through the making
of good presentations, these can
be
done through overhead projectors, slides
and computer aided
multimedia
presentations.
4.
Make
friends with clients:
Those accounts executives
who have good contacts
and
friendly
relationship with the
clients are bound to win
more accounts and benefits
for
their
agencies.
5.
Do
not discuss client's business in
transit: Clients
business are to be treated in
confidence
and should never be discussed in open
with friends or fellow
professionals
because
the leaking of a good idea of
the client may hurt
future business prospects.
6.
Keep
their secret papers under
lock & key: All notes,
papers regarding the
client's
campaign
should never be left open and
always kept under lock and
key.
7.
Conveying
an idea to the mind of a copywriter
should be done privately &
tactfully:
The
idea derived or conceived
after the discussion with
the clients should be
conveyed to
copy
writer privately and tactfully so
that the creativity of the
copy writer meets
the
requirement
of the client.
8.
Be
brave in admitting your
mistakes: During
the process of creating an
idea or a
campaign
and the subsequent launching there
are bound to be short coming
and mistakes.
A
smart account executive
should be cognizant of these and
the ready to admit them
once
identify
ensuring that these are
not pointed out by the
client or third party to
undermine
your
effort.
Three
Points for Consideration
In
this century there is strong
competition for similar
products by various manufacturers
this is
resulting
in excessive use of marketing and
advertising techniques as a result
there is high
demand
for account executives but
despite this in view of the
vulnerability of the
agencies
because
of performance the job
security to the advertising processionals
is much less than
other
professions.
Therefore, the top account
executives have to keep the
following three points
for
consideration
before adopting this
profession.
A.
HIGH
DEMAND for Account
Executives.
B.
LESS
JOB SECURITY than other
professions.
C.
LESS
FRINGE BENEFITS than other
businesses.
KEY
TO MANAGE ADVERTISING AGENCY:
The
important component in the
advertising scenario is an advertising
agency. The success
of
an
advertising agency lies in
its proper management as managing an
advertising agency is
just
like
managing any other creative
organization. Over a period of
time the experience of
various
advertising
agencies and its managers
the following points are a
good key to manage an
advertising
agency.
·
Admire
people who work
hard: This will
result in better output and
the requirement of
fewer
employees.
·
Admire
people with first class
brains: An
advertising agency always
needs brainy
people
but it is essential that the
brains are also combined
with intellectual
honesty.
92
Advertising
and Promotion (MKT621)
VU
·
Do
not employ nepots or spouses: Generally
such employees breed
politics therefore
such
practices should be discouraged.
·
Admire
people who work with
gusto: You have
to see and admire those who
are
enjoying
what they are
doing.
·
Admire
self confident professionals: The
advertising agency should
respect an admire
those
who do their work diligently
and with excellence.
·
Admire
people who hire subordinates
who are good enough to
succeed them:
Generally
this means that such people
are good enough and the do
not feel insure
thus
will
always give the best
output.
·
Admire
people who build their
subordinates: The
agency should encourage the
people
who
died and build their subordinates because
in case of additional requirements
the
agency
will not have to go outside to fill
important jobs.
·
Acquire
people with gentle
manners: The
quarrelsome people are detrimental to
the
interest
of the agency. It is therefore essential
that to manage an advertising
agency in the
best
possible and acceptable ways to acquire
and admire the people with
gentle manners
that
will treat the others as
human beings.
·
Admire
well organized people:
Those employees who work
hard and deliver their
work
on
time must be admired fully so
that they feel encouraged and
give the best
output.
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