by Mitch Joel – President, Twist Image & author of “Six Pixels of Separation”
Let’s talk about money.
The marketing agency business is a strange bird. Brands are strange birds too. It’s a complex web of relationships that is often confusing, evolving, thrilling, beautiful, painful and more. As the marketing industry evolves, we have all experienced massive shifts in how the business is won and done. First, there is the procurement component. More and more, the procurement department is leading the charge not only in the negotiation of fees, but in the running of the bidding for the business. That, in and of itself, is book-worthy content. For the moment, let’s put that aside and look at a more predominant and frustrating component of pitching. Let’s talk about when there is no budget allocation.