2. marketing management consultants
Why are you going to pitch?
Are you replacing an agency relationship that no longer works? Finding a new
agency for new skills? Or forced to undertake a regular review?
Clearly knowing why you are going to pitch, determines the process and
approach and is important in achieving a successful outcome.
3. marketing management consultants
What are you looking for?
• Add Objectives Here:
• Add Objectives Here
Once upon a time it was simple – creative and media. Maybe sales promotion
and PR. But now there are specialist skills galore and the choice is growing.
Determining the skills and capabilities required and prioritising these up-front is
essential to ensure you get the perfect outcome in the end.
4. marketing management consultants
Timing is everything
Running a pitch typically takes 8 - 12 weeks. During this time TrinityP3 calculates,
depending on the numbers of the stakeholders involved, the process can take
between 700 to 900 working hours. Can you and your team afford that time out of
your working schedule? Because you will need it to manage the process effectively.
5. marketing management consultants
Understanding the market
The problem is, it is very hard to get clear and objective information on agencies.
All agencies seem to say they can do all of the things you need, but can they?
What conflicts do they have? What skills do they really possess? Who are the
key staff in the agency? What is their reputation and performance? You need to
do your homework before you make your list. Or perhaps you need a consultant?
6. marketing management consultants
Can a pitch consultant help you?
• Add Methodology Here
• Add Methodology Here
The right one can. You need a consultant that has the resources, the depth of
market knowledge and expertise across the skills and capabilities being selected.
They can guide you through the process, allowing you to make more informed
decisions and in the process saving you time to achieve the perfect outcome.
7. marketing management consultants
Selecting the right selection process
• Add Executive Summary Here
• Add Executive Summary Here
Are you wanting a single solution? A strategic relationship? A collaborative
partnership? An agency to join the team? Or one to lead? Or simply a solution to
a problem? There are selection processes designed to achieve each of these.
There is not a one-size pitch process to fit all. Knowing the right one is important.
8. marketing management consultants
Make sure you get the money right
Going to the trouble of selecting a new agency, you need to make sure you get the
remuneration right. Set too high, you are wasting money. Too little and the
performance of the relationship will suffer. But beyond cost, you have to consider
how you pay and how to incentivise the agency to get the best performance.
9. marketing management consultants
Planning the transition
If you select a new agency, you will also need to consider and plan their introduction
into the roster. If replacing an existing agency you will need to consider and plan the
transition. Embedding the new agency as quickly as possible and managing the
relationship are often overlooked in the ‘honeymoon period’.
10. marketing management consultants
To get the process pitch perfect
• Be very clear on why you are pitching and what success looks like.
• List, prioritise and agree the skills and capabilities you require.
• Make sure you have the time and resources on hand to manage the
process.
• Do your homework to understand the market and what is available.
• Consider using a pitch consultant, but only one that adds value to the
process.
• Determine the process you are going to use by what you require –
there is no one-process-fits-all solution.
• Determine your scope of work, your remuneration budget, the best
payment model and if you require performance bonuses.
• Plan how you are going to introduce a new agency or transition from
the old agency, in case you need it.
• If all else fails, call TrinityP3 to talk through these issues at any time.
11. marketing management consultants
For more information please contact…
TrinityP3 Pty Ltd
Sydney
+612 8399 0922
Melbourne
+613 9682 6800
Hong Kong
+852 3589 3095
Singapore
+65 6884 9149
people@trinityp3.com
www.trinityp3.com
@trinityp3
www.trinityp3.com/blog/
TrinityP3
Darren Woolley