Most successful businesses today realize the importance of properly marketing their products and services to the right customer base. In today’s global markets, and with businesses finding increasing competition, companies realize that specializing and maximizing the exposure to their niche markets is the way to truly thrive in such a competitive climate. Having the expertise and executing competent and effective marketing campaigns is a job all in itself. For this reason, many outsource this important job to qualified advertising companies. How should you go about choosing the best agency for your company? Here are 5 common mistakes to avoid the first time you hire an advertising agency.
1. Having undefined objectives
In order for an advertising agency to met or exceed the objectives put before them, they must first be clearly defined. Goals must be thoroughly described; the expected outcomes must be able to be measured and agreed upon before hand. This first step is crucial to setting the tone for the overall campaign. A breakdown in communication at this point results in a directionless campaign that may not gain momentum.
2. Not having a timeline for a scope of work agreement
As with any goals, not only must the objectives be clearly defined and measurable, but the timeline must be agreed upon. In order for strategies to be effective they should have a timeline. An agreed upon schedule helps with the execution of the various strategies and phases of any successful marketing campaign. Without a timeline the potential for synergy from various strategies combining and augmenting each other may not occur.
3. Failing to agree on upfront pricing
The pricing should be agreed upon upfront for the most part. While it may be possible to have tentative pricing dependent on certain outcomes and whether or not different phases of a campaign are introduced, most of the pricing should be agreed upon up front. Much like the planning of the objectives and the timeline, the pricing should match the planning and there should not be surprises during of after an ad campaign.
4. A schedule that lacks detail
While it may be OK to have some of the details in a schedule to be left vague or open- ended, a good advertising company will make sure to set specific metrics and benchmarks that should be met over the course of the overall marketing strategy. Without the specificity in these goals, it becomes difficult to know if the advertising campaign is succeeding, meeting its objectives clearly, and unfolding according to plan.
5. Using a one-sided plan
The best marketing campaigns use solutions and strategies that combine different advertising angles. For example, it may be important to work on re-branding while advertising over new media and through social media outlets all at once. Combining different strategies at one time can create a synergy that leads to more effective campaigns. In most instances, one-sided plans don’t leave a lasting impact.
Avoid these 5 common mistakes and you may very well find that perfect advertising boost you need to take your business to the next level.