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trinity p3 - industry updates on people, purpose and process


Issue 130, 30/04/11

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AANA
Strategic Partner



In this Issue

» Why top agencies lose business
» "Flavour-of-month" or best solution?
» Calculate your agency head hour rates
» AANA Strategic Partnership
» Most In Demand this Month


In Other News

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Welcome to the April edition of TrinityP3's e-newsletter. Here we bring you updates on the people, purpose and processes that are important to the marketing industry.

Have a question about
agency search and selection,
• agency engagement and alignment, or

• agency benchmarking and monitoring?

Just ask us, we'd be happy to help.



Why top agencies lose business

Why top agencies lose business

Earlier this month, Avi Dan posted "Gone In 30-Seconds: The 5 Top Reasons Why Agencies Get Fired" on his Forbes blog that the top 5 reasons advertising agencies get fired are:

Life’s Not Fair. Reasons beyond the agency’s control: consolidation, or a client outgrowing its agency and needing a bigger one.

Grand Central Station. Unreasonable and excessive turnover on the account. People just come and go constantly.

The Thrill Is Gone. Clients know when the agency loses the passion for their business. Indifference will get an agency fired every time.

Continue reading "Why do top advertising agencies lose business?"
Or for a confidential discussion on your current agency roster, contact us


"Flavour-of-month" or best solution?

There is a fashionable element to advertising and creativity. Reading the zeitgeist of the market place and tapping into this can be an extremely valuable attribute in driving the brand perception.

In television production, this can influence the choice of production technique (remember all those 3D CGI animated executions?), the location (when everything seemed to have a Parisian feel?) or even the choice of Director...

OldSpice.jpg

 

The issue is when is this choice truly the best solution and when is it simply "flavour-of-the-month"? Because the answer to this can have a huge impact on the value delivered.

Why? Because flavour of the month means the choice is hot and so are the rates. But will the result justify the premium?

Continue reading "TV Production: Paying for "flavour-of-the-month" or the best solution?"
Or for a confidential discussion on your TV production costs, contact us.


Calculate your agency head hour rates

Your creative agency is proposing to charge $250 per hour for the Group Account Director or the media agency has $325 per hour for the Media Trading Director. How is this calculated? And what is the underlying salary cost?

We deal with agency compensation and remuneration agreements every day and so calculating this is relatively straight forward. But for those marketers, procurement and agency people that don't, we built the TrinityP3 online agency compensation calculators so you can calculate this no matter where you are in the world.

calculator.jpg

Continue reading "How to calculate your agency head hour rates"
Or for a confidential discussion about your agency rates, contact us.


AANA Strategic Partnership

AANA Strategic Partnership

The AANA represents the rights and responsibilities of companies and individuals involved in Australia’s $30 billion a year advertising, marketing and media industry.

And as the peak body representing advertiser, marketer, and related interests across Australia, the AANA provides a range of membership benefits.

As a Strategic Partner of the AANA, TrinityP3 encourages all advertisers and service providers to become AANA members.

For more infromation, contact the AANA


Most In Demand this Month

Most In Demand this Month

In the past month at TrinityP3 we have:
• Managed the Evalu8ing process and improved collaboration, relationships and performance for an FMCG client
• Developed an agency engagement agreement for a global FMCG client
• Benchmarked television production costs for a global FMCG client
• Reviewed the market for a new creative agency for an FMCG client
• Benchmarked campaign production costs for a State Government client
• Benchmarked television production costs for a Financial Services client

If you would like assistance or advice on any aspect of your marketing spend, contact us today for a confidential discussion.




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trinity p3 - industry updates on people, purpose and process