When I started in advertising many tree rings ago, it wasn’t unusual for relationships between agencies and brands to last decades. Now we live by an adage that the agency must begin planning for the departure of an account as soon as the contract ink is dry.
Accounts come and go very fast these days. A thick paper towel has a longer useful life than many agency relationships. We lament over the whys, and then plan for the departure of our accounts.
There aren’t whys. There is one WHY.
It’s the gradual decline in the respect and training given to account people, and the plunge in our ability to attract and retain account management superstars to our business.
Most agencies – especially in digital realm but also increasingly in traditional – think account people are a dime a dozen. They roll in any yutz with a business suit and the ability to carry a bag. Because account people are seen as an optional administrative extra, a cost rather than an asset.
Tighter margins, the rise of the holding companies, increasing creative costs, blah blah blah. There a myriad reasons why agencies have cut back on the account discipline. But if you were running a hospital and an increase in patient deaths was driving down patient counts, you wouldn’t solve the problem by firing the doctors.
That’s what agencies are doing when they reduce the number and quality of account people. That’s what they are doing when they drop a 22 year old with no experience into the role of primary agency contact. That’s what they are doing when they ask the media lead to also bear the responsibilities of account management. I am not bashing 22 year olds or multitasking MDs when I say this. I simply point out that these are not models for success if you place any sort of importance on client longevity.
Great account people are great. They can be the incredibly valuable assets of an agency because they form relationships, provide continuity, and deliver great thinking on a daily basis. It takes a special temperament to be a great account person.
It’s murderously hard to do well. An account person is responsible for strategic thinking, daily tasks, the care and feeding of the temperamental people around them, revenue, profitability, and building bonds of trust.
And yet most agencies treat them like crap.
Often when the agency world gets hold of someone with the myriad strengths it requires, we respond by burning them into the ground by giving them too many accounts or making them play St Jude – the fixer Saint you throw into a disastrous relationship that through neglect has been turned into a desperate situation.
What I have seen over the past decade or so is the systematic driving out of the business of those great account people. We either don’t attract them because no one wants a devalued and thankless job, or act in ways that drive them to quickly seek client side jobs.
Great account people are born AND made. They possess a set of smarts and personal qualities that make them the most valuable assets an agency – or a brand – can have. And they learn from other great account people how to turn their innate abilities into remarkable engagements.
The faint rainbow to this storm of instability is that quite a few account people are tough as nails. There are still some greats left walking into shiny agency offices every day. For that our industry should be very grateful.
For those great account people that are reading this, I hope this homage to your skills and abilities reminds you of how important and remarkable you are.
And for those agency leaders who are reading this, I assert that the “inevitable loss” of that account you are worried about might well be remedied if you valued, supported, trained, and rewarded your account people better.
Showing posts with label Rants. Show all posts
Showing posts with label Rants. Show all posts
Wednesday, September 14, 2011
Monday, January 19, 2009
I Heart Netbooks
There was an interesting piece on Tech Crunch a couple weeks ago that I have been thinking about since. The premise is that with lower cost netbooks selling well, Intel is suffering. That's because these low cost low tech machines don't need big ass computing power from a top of the line dual core processor. They do just fine on a (much cheaper and lower margin) Intel chip. Here's an excerpt:
That means that for the most part, every Netbook sold is one less Dual Core that Intel can sell at a higher price and higher margin. Which explains exactly why the company has been publicly criticizing the performance of the machines. “If you’ve ever used a Netbook and used a 10-inch screen size–it’s fine for an hour. It’s not something you’re going to use day in and day out,” said Intel VP Stu Pann at an event last year.
Intel also wants to keep Netbooks at 10 inches or less. Some PC companies we’ve spoken with say that Intel doesn’t want Atom chips in devices bigger than 10 inches, and puts incredible pressure on them to keep Netbooks at 10 inches or less.
I had the good fortune to be able to play with a friend's tiny Asus netbook last weekend, and I liked it loads. Yes, there are limitations, but the thing is, I generally don't play twitch games with a bajillion polygon rendering; I don't try to run TV through my PC. I don't use much beyond Word, Excel, and PPT, and would be happy to use stable, lighter facsimiles to save hundreds -- and indeed to be able to open my computer on a plane.
So to me, the real question is, are we at a crossroads where the classic tradeup for more power and speed just plain isn't relevant anymore? When a person's gaming world is solitaire or online bejewelled, and when 65% of what they do on a computer is email and Google, why SHOULD they buy high end PCs? One some level, one could ask the same thing about 60 inch TVs, though. Not necessary, but (for many) pleasant.
I think the PC market is going to be fascinating over the next 18 months. I foresee a giant netbook business exploding at the forefront, and high end PCs doing just fine with gamers and the like. It's the $1000 midmarket PCs that are going to suffer, and suffer bigtime.
Thanks for reading, and don't forget to write.
That means that for the most part, every Netbook sold is one less Dual Core that Intel can sell at a higher price and higher margin. Which explains exactly why the company has been publicly criticizing the performance of the machines. “If you’ve ever used a Netbook and used a 10-inch screen size–it’s fine for an hour. It’s not something you’re going to use day in and day out,” said Intel VP Stu Pann at an event last year.
Intel also wants to keep Netbooks at 10 inches or less. Some PC companies we’ve spoken with say that Intel doesn’t want Atom chips in devices bigger than 10 inches, and puts incredible pressure on them to keep Netbooks at 10 inches or less.
I had the good fortune to be able to play with a friend's tiny Asus netbook last weekend, and I liked it loads. Yes, there are limitations, but the thing is, I generally don't play twitch games with a bajillion polygon rendering; I don't try to run TV through my PC. I don't use much beyond Word, Excel, and PPT, and would be happy to use stable, lighter facsimiles to save hundreds -- and indeed to be able to open my computer on a plane.
So to me, the real question is, are we at a crossroads where the classic tradeup for more power and speed just plain isn't relevant anymore? When a person's gaming world is solitaire or online bejewelled, and when 65% of what they do on a computer is email and Google, why SHOULD they buy high end PCs? One some level, one could ask the same thing about 60 inch TVs, though. Not necessary, but (for many) pleasant.
I think the PC market is going to be fascinating over the next 18 months. I foresee a giant netbook business exploding at the forefront, and high end PCs doing just fine with gamers and the like. It's the $1000 midmarket PCs that are going to suffer, and suffer bigtime.
Thanks for reading, and don't forget to write.
Friday, October 3, 2008
Harvard Study: Wealth and SF Don't Mix...
Adam Bergman aka Ryan Digicrest has a great post on some Harvard research that proves what we Bay Area denizens know on the last day before a pay period -- SF is a lousy place to build personal wealth.
While wealth and money are not the same thing, they are related, and paying $1500 a month for rent makes it significantly harder to do the whole wealth thang. You'll have to click over to his site to see the top and bottom five results.
Thanks for reading, and don't forget to write.
While wealth and money are not the same thing, they are related, and paying $1500 a month for rent makes it significantly harder to do the whole wealth thang. You'll have to click over to his site to see the top and bottom five results.
Thanks for reading, and don't forget to write.
Tuesday, September 16, 2008
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