{"id":1363,"date":"2015-02-18T10:52:25","date_gmt":"2015-02-18T15:52:25","guid":{"rendered":"http:\/\/www.acaweb.ca\/en\/?p=1363"},"modified":"2021-07-29T18:02:14","modified_gmt":"2021-07-29T22:02:14","slug":"10-key-questions-for-a-best-practice-agency-search","status":"publish","type":"post","link":"https:\/\/acaweb.ca\/en\/2015\/10-key-questions-for-a-best-practice-agency-search\/","title":{"rendered":"10 Key Questions For A Best Practice Agency Search"},"content":{"rendered":"
\"Stephan
Stephan Argent<\/figcaption><\/figure>\n

This week, the Association of Canadian Advertisers published their new guidebook: Searching For A Marketing Communications Agency Partner: A Guidebook for Marketers on Agency Searches<\/a>.<\/p>\n

As its author, I was privileged to have the opportunity to spend many hours talking and debating with the ACA team, marketers and agencies, and gathering various viewpoints, identifying new challenges, and wrestling with new issues spurned by today\u2019s complex communications ecosystem.<\/p>\n

Whatever kind of agency you may be searching for, whatever your challenges, whatever stage of the process you may be at, I\u2019ve come up with ten questions worth considering \u2013 preferably before you start \u2013 to use as a framework for a best practice search and help you find the best agency for your specific needs.<\/p>\n

If you find yourself reaching for the Advil, or struggling with any of the answers, chances are you have some homework ahead of you. But take comfort that the better prepared you are, the better the outcome of your search will likely be:<\/p>\n

Why are you doing an agency search? <\/strong>Yes, it\u2019s a pretty basic question but you\u2019d be surprised by how many marketers I meet who struggle with a definitive answer. I\u2019ve heard everything from \u201cwe don\u2019t like our (insert function here) on our business\u2026\u201d to \u201ctoo expensive\u201d to \u201cwe just want a change\u201d \u2013 or worse \u2013 \u201cwe just want to see what\u2019s out there.<\/p>\n

The question is important because you want to establish if your issue may be fixable \u2013 thereby saving you the trouble of a search at all. Equally, a clear definition of why you want to start an agency search inevitably leads to a more focused and concise set of criteria when you meet prospective agencies.<\/p>\n

\n

All members are welcome to attend a special presentation<\/a> by Stephan Argent on the topic of agency search, as part of the ACA\u2019s MarCom Financials Management and Procurement Committee meeting on March 3. <\/em><\/p>\n

\n

Are you prepared?<\/strong> Agency searches can be costly, time consuming and disruptive \u2013 particularly when you consider you have to keep current initiatives moving through your incumbent agency at the same time.<\/p>\n

Once the decision has been made, most marketers just want to get their search underway. But when they start thinking about contractual obligations, potential implications to budget, corporate governance procedures, and details like the structure of a potential search team, the magnitude of the task ahead and the importance of being properly prepared comes into focus.<\/p>\n

What kind of search process is best?<\/strong> There are many kinds of search processes<\/a> that go beyond the traditional RFI and RFP methodology most marketers may be familiar with.<\/p>\n

There can never be a cookie-cutter search process because all marketers are different and all marketers have different needs, wants and goals when searching for a new agency. Depending on whether you\u2019re looking for a creative, strategic, digital, media or specialist agency, marketers need to think beyond \u201cticking boxes\u201d or formulaic question\/answer methodologies, to really uncover an agency partner that\u2019s right for the long term.<\/p>\n

Do you know which agencies to see?<\/strong> With so many agencies providing individual or combined services, what\u2019s the best way to identify and narrow down the best agencies to add to your search list? And what if there\u2019s pressure to include agencies that you feel shouldn\u2019t be on the list in the first place?<\/p>\n

The number one thing I hear is \u201cwe want the most creative agency in this space\u2026\u201d But thorough preparation or a robust stakeholder interview process will help uncover the barriers to (the marketer\u2019s definition of) \u201ccreative\u201d and why the incumbent agency isn\u2019t (or can\u2019t) deliver.<\/p>\n

What about logistics? <\/strong>Logistics in an agency search can be more complex than you might think. Here are a few points to ponder: How long should you give agencies to prepare? Should you pay for pitch participation? How much? Where should agency presentations take place? And who should come to presentations?<\/p>\n

All these questions point to the complexity of any agency search process, and marketers need to be adept at managing these kinds of logistics \u2013 or find resources that can help manage a search process.<\/p>\n

What should you ask?<\/strong> Preparing for a search, defining criteria in order to choose which agencies to see, and managing the logistics get you set up for the search process \u2013 but what should marketers be asking to get to know potential agencies?<\/p>\n

I\u2019m not a fan of asking questions just to tick boxes and marketers shouldn\u2019t be either. The faster you can get to a dialogue about your business, with smart, well considered questions, the more likely you are to determine how well-equipped agencies are to help manage your business.<\/p>\n

How do you evaluate agencies? <\/strong>How do you ensure your team evaluates agencies consistently and correctly \u2013 how do you create a template or scorecard for your team? Will you use a numerical scorecard or are there deeper, more complex aspects to evaluate that go beyond a numerical evaluation?<\/p>\n

I\u2019ve written before on the development of agency scorecards<\/a>, but whatever approach you choose \u2013 make sure it\u2019s not just about adding up a score. No score can give you a perspective on chemistry and whether the agency is a real fit for your needs.<\/p>\n

Evaluating agencies on the functional aspects of their submissions or presentations can only take you so far, but defining what constitutes real value and assessing fit with your organization can be far more complex.<\/p>\n

What about negotiating fees?<\/strong> When it comes to fees, agency rate cards provide only a very narrow window of insight on agency costs<\/a> \u2013 so what other aspects of agency fees should you evaluate and how do you evaluate them?<\/p>\n

This is a huge topic, but marketers should have a point of view on whether a retainer, variable fee, commission, and\/or some kind of value or performance based remuneration is right for their specific needs before asking the agency about their fee structure.<\/p>\n

Are you ready to award the business?<\/strong> Awarding the business may not be as straightforward as you might think because like everything else, it requires preparation.<\/p>\n

It starts with a carefully choreographed timing plan that contemplates how and when you\u2019ll notify your incumbent agency, if and how you notify those agencies that participated in the process but weren\u2019t selected and how and when you want to notify the winner. Marketers should also have a plan to manage internal and external communications to ensure messaging is disseminated correctly.<\/p>\n

What are the big mistakes to avoid?<\/strong> And finally, even if you\u2019re well prepared, you\u2019ve worked out which agencies to see, what to ask and how to manage all aspect of the process, what are the big mistakes to avoid?<\/p>\n

From underestimating the importance of chemistry to miscommunicating with your incumbent agency, there are any number of mistakes marketers want to avoid to save time, angst or even choosing the wrong agency.<\/p>\n

Take time. Prepare thoroughly.<\/p>\n

\n

Stephan Argent<\/strong><\/h3>\n

Stephan Argent is CEO of The Argedia Group<\/a>, Canada\u2019s leading agency search consultancy and author of the Association of Canadian Advertisers guidebook on Searching For A Marketing Communications Agency Partner<\/a>. Follow him on Twitter @ArgediaGroup<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

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