By Jeannette Bitz
It’s the time of year when some companies decide to either hire or make a switch in PR firms. At Engage, we’ve been busy evaluating some of those prospects. Apart from the usual highly pertinent questions about domain expertise, media and analyst relationships, and social media and analytics, one thing stands out: companies are looking for counsel and ongoing involvement by senior PR people.
They are seeking assurances that the agency team members that showed up to the initial meeting will be part of the ongoing team moving forward. This is the classic “bait and switch” − where senior PR experts and the agency’s best players are trotted out to win the business. Over time, these individuals are often replaced with lesser experienced team members.
It is for this reason that some companies may elect to look for a new agency. Size also comes into play, and while one could argue the pros and cons of the small agency versus a large multi-national agency, companies in the midst of a new agency search should be clear about their choices and the reasons for those choices. Some companies are deciding to move from a larger agency to a smaller independent firm because they are looking for a true partner. Many of the prospects we are speaking to now are working with a larger firm and feel like they have been lost in the shuffle or have been assigned the “C” team based on their size and budget. Other times, as some companies experience success and begin to mature, they believe that a larger agency is needed to accommodate their growth.
More often than not, we find that companies that elected to go to a larger firm will find that they lose the personal touch and senior counsel they had initially with a more focused, boutique agency. And not surprisingly, the company’s coverage is often no better than it was before with some organizations even reporting a significant decline. And to add insult to injury, they are often paying more for their PR.
If you’re evaluating an agency here are the questions you should ask?
Does the agency and proposed team understand your customers, their buying decisions and how they get their information about you? Of course that also requires that the client be very clear about this.
Does the agency have a proven track record for delivering results? Do they have a way to measure growth and success of your PR program? At the end of the day, it’s about garnering consistent coverage that helps supports your business growth. Your agency should be able to measure and track their success.
Does the firm have the right experience and understanding of your market to make meaningful recommendations that can help drive coverage in between news announcements? Do they have the right team to consistently execute? Having senior people help develop strategy and provide strong recommendations is great but it’s also about the ability to execute on those ideas.
How many clients does your primary contact work on and are they within your market? It’s Engage’s philosophy that team members should not be on more than 3-4 clients at once. If they are it means that they won’t have the time to really get to know your business, your customers or drive consistent coverage that builds mindshare?
Having strong senior support for clients is critical, particularly for those companies that need outside guidance to navigate through a company transition, e.g. during a company merger, leading up to an IPO or for start-ups preparing to launch. It’s equally important to make sure that the other team members, particularly if it’s your designated day-to-day contact, understand, can articulate and implement on your designated plan.