The Advertising Agency Account Executive of the Future
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The Account Executive of the Future
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It’s not easy being an account executive. Today, the once mighty account service function is searching for a meaningful role. And, for many, the road ahead looks bleak. But it doesn’t have to be. Here’s a formula that can brighten the future for account executives.
Transcript of The Advertising Agency Account Executive of the Future
- 1. The Account Executive of the Future
- 2. How It Used To Be Hollywood Version Larger Than Life
- 3. A Lot Has Changed
- How did we get where we are?
- What are the opportunities?
- A brief look back?
- And a look ahead
- 4. A Look Back
- Then, he did it all
- 5. Slow Erosion
- The AE was copy contact
- Creative departments emerged
- Media planning and buying
- Account planning
- Sales promotion, PR, direct marketing
- 6. The AE Today
- A diminished generalist in a growing field of specialists
- 7. The Retreat
- Micro-managing tactical client work
- Into the arms of the client
- Revolving relationships
- Ah, for the good old days
- 8. The Marginalized AE
- Not a pretty picture!
- 9. Emerging Developments
- Changing consumer
- Non traditional media
- Client procurement processes
- Extranet systems
- 10. So, What is an AE to do?
- First, get over the past
- Second, get ready for the future
- 11. Some serious redesign is in order
- 12. What do we see?
- The AE will
- Have a business mindset
- Be a superb diagnostician
- Be a marketing expert
- Think like the clients customers
- Be a skillful sales person
- Grasp non-traditional media
- Act like a producer
- 13.
- Relationship manager
- Client market success
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- Not just client satisfaction
- Win-win focus
- Mutual respect
- 14. 1. Business Mindset
- The AE of the future will be responsible for making sure the business relationship between everyone at the client and the agency works
- 15.
- Inadequate diagnosis is a major cause of client defection
- Client complexity
- What they really mean
- Penetrate the client psyche
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- Scientifically and programmatically
- 16. 2. Superb Diagnostician
- The AE of the future will be responsible for thoroughly and systematically understanding the client from the inside
- 17.
- Must not just speak advertising language
- Understand the minds of client marketing people
- Understand the competition, distribution, pricing models, etc.
- 18. 3. Marketing Expert
- The AE of the future will be responsible for thoroughly understanding, and being conversant in, the clients entire marketing picture
- 19. 4. Clients Customers
- Effective communications requires empathy
- AE is in the best position
- Walk in the shoes
- Thinking like the customer is different from thinking like the client
- 20. 4. Clients Customers
- The AE of the future will assure that the clients message to its customers is both powerful and personally relevant
- 21. 5. Skillful Salesperson
- Not a dirty word
- Helping clients find satisfactory solutions
- Position the client to recognize, and accept, the benefits of the agencys proposals
- Not a job for amateurs!
- 22. 5. Skillful Salesperson
- The AE of the future will be a professionally trained, skillful salesperson
- 23. 6. Grasp Non-Traditional Media
- Mistake one Just stick with TV and print
- Mistake two Denigrate new media
- Mistake three Defer to the specialists
- 24. 6. Grasp Non-Traditional Media
- The AE of the future will be able to work holistically using all methods of reaching the clients target audience
- 25. 7. Act Like a Producer
- There is a big difference between a star and a producer
- The Hollywood AE was a star
- But, there had to be a producer before he could become a star
- 26. 7. Act Like a Producer
- This is a very big, and very basic, change in thinking!
- 27. 7. Act Like a Producer
- The AE of the future will be comfortable letting others be the stars and take pride in being known as a masterful producer, without whom the stars would not shine
- 28. Whoa!! Whats Missing ?
- 29. Project Management!
- The plague of good account service
- Traffic on steroids
- Separate strategic from tactical
- 30. Thats What We See
- Its a reinvigorated, tightly focused role
- It speaks leadership
- It demands passion
- It requires special knowledge
- 31. And
- It will be fun and rewarding!