The CMO’s Guide to Agency Procurement

Written by ChuckMeyst2015 on . Posted in Blog Posts, Marketing Partenerships

From getting briefs approved by VPs to avoiding shootouts, CMOs can institute plenty of practices to get better work — and save money. The article in question appeared today (May 13, 2015) in Advertising Age. Well written covering good ground. One comment by Ms. Rieter caught my attention and I wrote this …

Interesting and well written article citing the obvious by both Ms. Reiter and Mr. Strachan to begin. As for agency procurement or agency search, we’ve always argued “you can’t find a ‘right’ among a group of ‘wrongs.’ A successful agency review deserves some of the closest scrutiny of the process at the onset – where a reasonable fat handful of qualified candidates are identified. In an AgencyFinder review, we share that list with the client’s CMO for examination and editing. The edited group is invited to participate in a fairly linear process, but not at the exclusion of initial telephone dialogue.

I’m interested in the AmEx process Ms. Reiter describes – “For many of those marketers, choosing the right agency for the right project isn’t always obvious. So AmEx procurement has an online tool that helps marketers do just that, including case studies from the agency and a button to reach the right person at the agency to get started.” Love to learn more, will you share? Offline if you prefer.

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