Is it time for the pitching process to evolve?
Industry leaders deliberate about the work involved in the pitching process and what needs to change
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More than 60 per cent of brands and 90 per cent of agencies want to see a change in the pitching process, says a study by CreativeBreif.
The survey also shows that 82% of agencies agree they should be prepared to refuse a pitch to bring about a change and this will only take place when brands become more personalised in their approach in promoting a product, and agencies turn down clients when they call to pitch.
In order to get a better perspective, exchange4media spoke to advertising industry leaders about the pitching process in 2019 and how things should change.
Sumanto Chattopadhyay, Chairman, CCO, 82.5 Communications, The Ogilvy Group is of the opinion that agencies love to throw themselves at new challenges and they go into every pitch with huge enthusiasm. Chattopadhyay says the work done on a pitch is based on the imperfect knowledge of the brand. But sometimes that can be beneficial in bringing a fresh perspective to communication.
“What I find disturbing is that some clients call in a laundry list of agencies to a pitch. Sometimes, in hindsight, you realise that your agency was there to fulfil a quota because judging by the nature of the client or brand, a different kind of agency was always better suited to get the mandate,” he stated.
Chattopadhyay’s plea to marketers is that they should call an agency to a pitch only if they seriously see them as a potential partner. “While those marketers take out just one hour from their busy schedules to attend the pitch, the agency puts in a disproportionate amount of effort to do justice to that one-hour presentation,” he said.
Speaking on whether the pitching process has become self-destructive, Virat Tandon, Group CEO, MullenLowe Lintas Group says, “For various reasons, a ‘pitch’ is steadily becoming a bad word. For one, there is a trend of calling for pitches for every new project brief. These are typically low in value, but high on involvement. These clients are not usually looking for an agency partner but for a campaign. Typically, the turnaround time required is approximately 2 weeks.”
The pitch process begins with inviting a minimum of six to eight agencies for the pitch. The shortlisting process involves a second round, sometimes even a third for a follow-up. Finally, at the pricing stage, you discover that the client’s budget was less than half of what you thought.
“In the whole process, the agency utilises resources worth several crores in order to generate one campaign for which a client will probably pay Rs 50-60 lakh. This is quite an irresponsible pitching exercise. If indeed a client cannot afford to keep an AOR and wants to work on a project basis, the better approach should be to select the agency on the basis of their work. The actual work done by an agency is an excellent indicator of what they will be able to do for you,” Tandon said.
The pitch process definitely needs to evolve, he said. “Some aspects, like an indication of the size of the business, limit negotiation to 10-15 per cent. Just 3 to 4 agencies and a mandatory pitch fee should help restrict the number of agencies the client would be willing to invite and this will also hasten the process.”
Collaborative work sessions between the agency and client teams should be encouraged as part of the process rather than just two interactions - first one for the briefing and the second one at the pitch presentation. The agency should be given adequate time for in-depth investigation and market research.
“From an agency point of view, too much pitching also reduces the seriousness and quality of pitching. Agencies need to also ensure that they use the time allocated to do a holistic job and not just put together a creative pitch at the last minute. There needs to be a robust process to demonstrate how the agency functions because at the end of the day, whether you win or not, you will definitely leave an impression about the agency brand that the audience will carry for a long time,” Tandon added.
“Pitching is great fun when it’s clean and collaborative and there is a good reward both in terms of money as well as the potential to do great work,” he said.
Talking about the adrenaline that the pitching process emotes, Prashanth Challapalli, Chief Operating Officer, Leo Burnett Orchard said: “Agencies love pitching. It gets the competitive juices flowing and we all love deadlines, don’t we? Honestly speaking, agencies are enjoying the pitching process less and less. It’s time-consuming, costs a lot and takes up a lot of resource time from paying clients. My recommendation, evolve the pitching process. Make it a genuinely exciting and pleasurable experience and not a chore that must be endured.”
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E4M Our strategy is to target younger audiences through Sports: Rajiv Dubey, Dabur
The Head of Media at Dabur India spoke exclusively to exchange4media on the World Cup, associating with Indian Idol, the company’s digital spending and much more
With quirky campaigns, memes and moment marketing, timed with the ongoing World Cup and particularly the India-Pakistan matches, Dabur India has got considerable consumer attention for its popular brands – Red Paste, Cool King Hair Oil, Chyawanprash, Dabur Vita and the recently launched Bae Fresh Gel toothpaste.
The 140-year-old company is going big on key sporting events, World Television Premiere (WTP) movies and reality shows. It is now gearing up to become the title sponsor of popular talent show ‘Indian Idol’ on Sony TV for the first time, shared Rajiv Dubey, who leads the media strategy at Dabur.
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Swapan Seth's new book 'COOL' is out
The book is a reflection of the author's 'eclectic taste across categories'
Advertising professional and art collector Swapan Seth has announced the launch of his new book COOL. The book is described as "a ready reckoner to the hip and the happening, of the known and the very unknown."
The book is a reflection of the author's "eclectic taste across categories: from boltholes to exotic hideaways."
COOL has been published by Simon & Schuster India and is available on Amazon.
Seth is an ad veteran with a long and illustrious career in the industry. He became the youngest-ever Creative Director at Clarion at age 24. He was VP at 26 at Trikaya Grey. Two years later, he started his agency Equus.
He writes for publications such as The Economic Times, Hindustan Times and India Today. This is his second book and he has previously published THIS IS ALL I HAVE TO SAY.
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Disney Star signs 9 sponsors for Asia Cup PAK
Charged by Thums Up, Nerolac Paint+, Amazon Pay, Jindal Panther, My11Circle, MRF, Samsung Galaxy Z Flip5, Wild Stone and Thums Up come on board
e4m Staff Disney Star has signed nine broadcast and digital streaming sponsors for the upcoming Asia Cup.
Charged by Thums Up, Nerolac Paint+, Amazon Pay, Jindal Panther, My11Circle, MRF, Samsung Galaxy Z Flip5, Wild Stone and Thums Up have come on board for the upcoming tournament.
As reported earlier by exchange4media, Disney Star has sought Rs 26 crore for the co-presenting sponsorship on TV and Rs 30 crore for Disney+ Hotstar.
According to industry sources, the associate sponsorship on Star Sports has been priced at Rs 19.66 crore, whereas for the ‘powered by’ sponsorship on Disney+ Hotstar, the broadcaster is seeking Rs 18 crore.
As per the information available with exchange4media, Disney+ Hotstar has three sponsorship tiers-- co-presenting (Rs 30 crore), powered by (Rs 18 crore) and associate sponsorship (Rs 12 crore). The broadcaster is offering an estimated reach of 120-140 million for co-presenting sponsors, 90-100 million for powered by and 60-70 million for associate sponsorship.
A spot buy for 10 seconds has been priced at Rs 25 lakh for the India vs Pakistan matches, while for the non-India matches, the ad rate for 10 second is Rs 2.3 lakh. The India matches plus the final for ODIs has been priced at Rs 17 lakh per 10 seconds.
Asia Cup is scheduled to be held from 30 August, 2023, to September 17, 2023.
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Sorted 360 wins creative & social media mandate of Reliance Mall
The agency will manage offline and online campaigns for Reliance Mall
Sorted 360, an integrated creative and social media agency, has won the mandate to providing brand solutions for Reliance Malls across India.
“Sorted 360 is set to enhance Reliance Malls' market presence with their unparalleled creative prowess and strategic thinking,” read a press release.
“Sorted 360's commitment to pushing the boundaries of creative communication aligns perfectly with Reliance Malls' ethos. With a pan-India presence spanning across 19 cities and growing, Reliance Malls has consistently captivated customers by offering an array of Reliance brands and third-party fashion & lifestyle brands. The mall has established an unparalleled connection with its patrons through superior quality, a remarkable value proposition, and an unmatched shopping experience,” it read further.
"We are thrilled to welcome Sorted 360 as our trusted partner in advancing our brand presence across the nation," said the Head of Marketing at Relaice Malls. "Their proven expertise in retail, shopping center management, and innovative creative strategies make them the perfect fit for our vision."
"Partnering with Reliance Malls is a testament to our commitment to shaping extraordinary brand experiences," remarked Prerana Anatharam, Co-founder of Sorted 360. "We are excited to leverage our strategic and creative acumen to further elevate Reliance Malls as the epitome of convenience, choice, and excellence."
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KlugKlug onboards Hemang Mehta as Country Manager for Indias
Mehta was most recently Head of Agency Relationships at Network 18 Media & Investments
KlugKlug has appointed Hemang Mehta as its Country Manager for India.
Mehta will play a pivotal role in driving KlugKlug's growth and expansion within the Indian market and be responsible for Sales & GTM Strategy
Prior to that, he has also represented organisations like Exponential (now VDX.tv), India Today Digital and Rediff.com. His expertise spans various domains including digital media sales, mobile marketing, media planning, and buying, social media marketing, and more.
Hemang Mehta expressed his enthusiasm about joining KlugKlug, saying, "I am thrilled to be a part of KlugKlug, a forward-thinking platform that is reshaping the influencer marketing landscape. As much as I look forward to collaborating with the exuberant team at KlugKlug, I am super excited to interact with the brands to deliver powerful data-backed Influencer solutions that will guarantee business outcomes."
Commenting on the appointment, Kalyan Kumar, Co-Founder and CEO of KlugKlug, stated, "We are excited to welcome Hemang Mehta to our team as the Country Manager for India. His extensive experience in digital media sales and marketing will be instrumental in driving our efforts to provide influencer marketing solutions to our clients. We believe Hemang's leadership will be key in scaling our operations and expanding our reach within the Indian market."
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