|
When we discussed this with clients, they weren't put off as agencies thought they might be. Some
were quick to see the merits. This could be a quid-pro-quo thing. Many consumers (and industry peers)
are passionate about who does what work (for example, stay behind in the theatre to witness those
who remain to study credits).
Consider an extreme analogy - imagine if an agency of some renown (a you-know-who) that wouldn't
normally, did work for a regional men's fashion chain and marked or branded that work. What might
"those in the know" think about the connection or the implied endorsement? If the consumer didn't
recognize the agency brand (regardless of size), a quick Internet search would be educational. And
that grand agency brand might have complimented the client. Likewise, a great client brand could
compliment an agency.
When chatting this around, the topic of copyright also comes up. But we've touched on enough for now -
it's time to move on. However, your thoughts are welcome, AND, if your agency already does this, are
you willing to tell us (and others) about it?
IN THE WORLD OF LISTS, HOW DOES YOUR FIRM RANK?
Ratings, rankings, score cards, etc; how does your
|
firm rank? Julia Hood writes in her Jan 19th
PRWeek editorial: "This year PRWeek will collect revenue data and publish rankings tables to include
every US PR firm that supplies numbers."
This isn't the first time for PRWeek, and AdAge and ADWEEK have been doing something similar for
years. But the question is, what's the real value here? If it's rankings for rankings sake, and
everyone recognizes it's a scorecard that serves little purpose for clients, then OK. Agency and PR
execs joke and comment with wry smiles about their competitors' claims for the previous year. Since
revenue or capitalized billings (an interesting calculation unto itself) provide little if any insight
into the appropriateness of a firm from a client's perspective, and since acquisitions can change
numbers and rankings immediately, numbers alone constitute little more than bragging rights. However,
if we took the cost per pound shelf postings in grocery stores as an example, then how about
revenue/employee, or billings/employee adjusted for regionalization? That might offer something of
value.
With chemistry so often mentioned as a pivotal selection factor, how about a litmus test (base or
acidic), and post those scores?
We hope this client and agency information has been helpful. If you need assistance or wish to
discuss the steps for an agency review, feel free to call.
Sincerely,
Charles G. Meyst, Chairman/CEO
Business Partnering International, Ltd.
Vantage Place, 4327 Cox Road
Glen Allen, VA 23060 USA
804-346-1812
|