I have received many calls in my office cancelling various campaigns.
However, just like the advertisers that I work for, I am not closing my doors and going out of business.
I remember working in the aftermath of 9/11. I told all of my clients to stay the course. Not only did they respond, but I recall having a special economic stimulus package to offer them. It actually helped their brands. They survived and increased profits at a time that was very challenging.
I was refreshed yesterday when one of my major clients said he was staying on track with his marketing campaign. Because when the economy bounces back, he will be on top of everyone’s mind for new business opportunities!
That is exactly the kind of thinking that helps all of us. The media has created such fear amongst everyone that the economy has been impacted almost to the point of paralysis.
Where can you look for new opportunities?
Change your attitude. Run from negative people. Come up with real solutions to their situations. The big box stores loaded with foreign products are doing well. Why? Because they offer added value to their consumers. How can your clients do the same for their customers?
Make up your own economic stimulus package for your product or services. Be authentic and relevant to current market challenges.
Try pitching accounts you ordinarily wouldn’t consider. Try creating ads for a brand without being invited to “the party”. You know you can do better.
Take this down time to think how you would handle a certain client’s campaign. Then, go pitch it! I recently saw a film at the Paley Center for Media Studies about David Ogilvy, founder of Ogilvy & Mathers. The movie was produced by Ogilvy & Mathers on David Ogilvy’s contributions as an icon in advertising. He was an amazing man! He kept his top five dream accounts posted behind the wall in his office.
He believed he could and he did. He thought of unusual ways to make his ad pitches stand out! He was remarkable only because he believed in himself and his ideas. He never quit! He went up against much bigger agencies. One story that I will never forget is the one where he was trying to win the Hathaway brand men’s dress shirt account.
He wondered what he would do differently. Men’s dress shirts were relatively boring. On his way to the photo shoot, he stopped off and purchased an eye patch from a costume store. When people looked at the ad, they wondered why the man in the ad was wearing an eye patch. The thinking was that he must have been a pirate or just courageous. The way men like to think of themselves. Small things can make a big difference.
They not only hired David as the agency of record, but Hathaway enjoyed a sales lift and a campaign that had staying power for many years to come. You can’t change your situation but you can certainly change your thinking!
I sat watching television for weeks complaining about an ad campaign that I felt was really hurting a large corporation. I finally did something about it. I created an ad in the perspective of how I saw them increasing profitability. I met with the CMO and everything fell into place. I stand a chance of winning that business.
Do something. Don’t sit there and do nothing! Source: The reference to the story above is portrayed in a film at the Paley Center for Media Studies NYC. A tribute to Ogilvy produced by Ogilvy & Mathers Agency.