public relations, journalism, social media, media relations, press release, pr, marketing
Relazioni Pubbliche e Stakeholder nello Scenario del Terzo Millennio
11 Jan
As a client of a PR agency, would you prefer to buy time or services?
According to me, the answer is a no brainer. Therefore, when I was in charge of coordinating five PR agencies scattered around Europe and the US, I’ve always looked for PR services (which, in my opinion, are a combination of brain + experience + execution) and I’ve always rejected the concept of time (which is a mere combination of minutes).
I’m probably narrow minded, but it was perfectly clear to me - even if at that time I was young and very unexperienced - that accepting a remuneration based on time was equivalent to admit that the slower and less efficient the PR agency the higher the invoice. Absolutely brilliant for the agency, not brilliant at all for the client.
I’ve probably been a very difficult guy to deal with, but looking for objectives - both as a PR agency client and as a PR agency executive - I’ve always gone beyond the targets.
In 1987, when I was at Honeywell, we won the RITA (Recognition of IT Achievement) Award - a UK prize - with an Italian product. The agency was A+, the account director was John Aeberhard and the account manager was Chris Hewitt. Quite an achievement.
In 2000 and 2001, when I was at Fleishman-Hillard, my group managed to obtain an average gross profit in excess of 21% (against an objective of 17%). Again, quite an achievement (and this was entirely due to the “time sheet free” business model that I’ve developed in 1992 for Qwerty PR).
I’ve always bought services. I’ve always sold services. And you?
One Response for "Time or services?"
[...] answer is definitely yes. You can find some of my rants on the subject here, here and here. I will come back on the subject. Technorati tags: social media, public [...]