I’ve seen it all, it seems. I’ll bet you have, too. The endless RFPs. The RFPs from hell. The poorly run ones. The ones filled with regrets and disappointments on both sides. If you are an advertiser, you’ve probably run many agency reviews in your career, hoping to find the right agency partner for a new assignment, or to land a new agency of record. If you are with an agency, new business pitches are an essential part of fueling growth. So, if advertisers and agencies are going through this matching process on a regular basis, why—in the name of the advertising gods—are we struggling to evolve the traditional, slow, painful, and inefficient pitch?
Humorously, Toronto-based shop Zulu Alpha Kilo launched the website smarterpitch.com to challenge advertisers and agencies to reconsider how they handle pitches, combined with a new presumed-fictional video called, “The World’s Worst RFP.” This parody video follows another hilarious one they produced three years earlier called, “Say No to Spec,” calling out that other professions like architects, personal trainers, and accountants don’t give away their ideas to promote themselves. In this new spot, we witness the RFP from hell: six months, 25 agency participants, and four rounds of creative specs. In the fictional spot, a consulting firm beats the traditional incumbent agency, justifying the win as a result of demonstrating unmatched capabilities in “data, deep data, big data” and “low-ball negotiations,” and coming short of becoming the client’s new AOR. It’s time for change. Smarterpitch.com offers a reasonable checklist of best practices for both advertisers and agencies to put into immediate practice:
For advertisers:
For agencies:
The most compelling point is the need for establishing a “relationship” with a business partner, instead of approaching this as a transactional process. Even though advertisers often rely on automated tools to manage a process otherwise too demanding, the process must allow for genuine interactions, open discussions, and authentic chemistry checks that are important to mutually assess each other’s ability to work well together. The website concludes with a healthy reminder, and perhaps one of their most poignant observations: “Before you start looking for an agency, have you made every effort to make it work with your current agency partner? Just like marriage counselling, there are consultants out there who will conduct a relationship evaluation to identify where the gaps are in the agency-client relationship.”
The industry disfunction is still real, but traditional ways of running RPFs are thankfully vanishing slowly but surely. “The World’s Worst RFP” parody might make you laugh or cry. Or both. But it’s spot on. Smart agencies are avoiding poorly managed RFPs–too long, too vague, too costly, too subjective, too transactional, with too many participants–like the plague. They are not to blame; to the contrary. And their clients are realizing that the traditional ways of running RPFs are no longer sustainable practices. Advertisers are also doing increasingly better at assessing their existing agency partnerships, avoiding unnecessary pitches altogether. And when a pitch is inevitable, we know now that there are far smarter and more effective ways to run those and effectively match the right advertisers with the right agencies. As an industry, we simply deserve better. By using common sense best practices, we can do better and contribute to a stronger industry.