Friday, February 13, 2009

Choosing the Right Marketing Firm

In these difficult times in the automotive industry, it is more important than ever to make the right decisions throughout your business. One of the biggest investments for a business can be marketing communications.

So, what is a harried marketing exec to do to sort out these tumultuous market changes and maximize marketing investment? The simple answer is to hire a marketing communications firm! It is not enough, however, just to hire any marketing firm. You need to find the right one for your business – one that understands your business goals and objectives, one that helps you to understand how your customers, suppliers and employees view and interact with you. The following should be the basics any company follows to select a firm that is right for them.

Find a company that understands your business. Ideally, find a firm that will take the time to learn your business from the inside out. Give that firm complete transparency of your marketing communications activities, both historical and future. A good firm will want to interview your executive team, sales team, administrative team, customers and even industry media to uncover your corporate and brand(s) image and awareness and evaluate whether they align with your business goals.

Ask who will be handling your account. Find out if that person, or team, can sit down with you and determine if you have chemistry. In addition, ask if this will be your permanent team. Some firms bring in the big guns for the introductory meeting and then substitute inexperienced lower level workers – even interns – to work your account. You want and deserve industry-experienced experts on your team. They will become your most trusted advisors.

Find out the strengths of your proposed firm. If they specialize in advertising and your need is media relations, then they are not a good fit. Similarly, if the proposed firm specializes in graphics and your need is strategic communications, keep searching. You will know when you have found the right firm when their experience, attitude and business success align with your needs.

Be prepared to get involved. You cannot just bring in a firm and hand over the reigns. A good firm will fully engage with you to identify goals and objectives, develop strategic messaging, define program metrics, identify target audiences and create a master plan. All with your involvement.

Be prepared to stay involved. Again, it is your marketing communications program; your new firm is supporting you, not the other way around. By now, they should have worked with you to produce a roadmap for implementing an aggressive and highly targeted marketing communications program. Working closely, and with the support of your new firm, you should be empowered to implement that plan and drive anticipated results.

Finally, continually asses your marketing communication program status and momentum. A good firm will assess program successes and failures; hits and misses, and identify new opportunities. Analyzing strengths and weaknesses allows you and your firm to make any necessary corrections and work to maintain program momentum.

Many companies think the job is done when the communications program has been launched. Nothing could be farther from the truth. Developing and maintaining a consistent cadence of information to the marketplace is crucial to communication, marketing and branding success. The idea is to keep your message constant and your voice clear.

Finding the right marketing communications firm for your company need not be an arduous task. Like anything else in life – a little homework goes a long way.

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