How to make the direct sales process easier and quicker

In 2017, we came to a realization: Our jobs should be easier. We worked on opposite ends of the advertising and media buying process. Lynn came from the buy side as a digital media manager at Macy’s, who had also previously handled agency work. Mollie was on the sales side, working at AdTheorent as director of New York ad sales [O1] and managing a team of sales reps. We were frustrated—we knew our industry well but kept thinking, “This is ridiculous, why is this [buying and selling] process so difficult? It shouldn’t be that complicated to understand what is out there and how much it costs.” As many in the industry know well, the process of direct sales is time-consuming. It is inefficient and very cost-intensive. If you are selling, you need to hire a whole staff to go after clients, but the win-rate is extremely low at just 20 percent. Often when you don't win business, it's because you can't get in front of the agency for a meeting, or they didn't realize you also could do “X” because they thought of you only as “Y.” Why wasn’t there a space where sellers could promote their media company, showcase everything they can offer, to ensure they are always being considered, when relevant, by advertisers with the budget to deploy. On the ad buying side, the process for partnering directly with a great media company is still really old school—writing out a manual brief, individually emailing different partners. Regardless of whether you're at a large client or an agency,... Continue reading at 'Advertising Age'

[ Advertising Age | 2020-06-11 15:19:00 UTC ]

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[ The Bookseller | 2021-08-17 23:27:41 UTC ]
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‘No one even notices a banner ad anymore’: Marketers see post-pandemic value in out-of-home advertising

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[ Digiday | 2021-08-12 04:01:00 UTC ]
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Jones, Mairena, Stewart Join 'PW'; Morris Up in Digital Dept.

At 'Publishers Weekly,' Iyana Jones has been named digital media coordinator, Nathalie Mairena has been hired as digital assistant, and Sophia Stewart has joined as editorial assistant. Mike Morris has been promoted to director of digital operations. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-08-09 04:00:00 UTC ]
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4 Takeaways From Top Publishers’ Earnings Reports This Week

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[ AdWeek | 2021-08-06 21:11:12 UTC ]
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The eviction moratorium, the child tax credit, and the episodic poverty news cycle

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[ Columbia Journalism Review | 2021-08-03 12:35:32 UTC ]
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Getting the ‘vaccine mandates’ story right

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[ Columbia Journalism Review | 2021-07-30 12:29:24 UTC ]
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Ad Tracker Tool to Improve Advertisers’ Digital Media Carbon Footprint

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[ AdWeek | 2021-07-19 12:56:17 UTC ]
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Springer Nature staff get day off after 'extraordinary' pandemic effort

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Cheat Sheet: How Mozilla aims to reveal the nature of consumer data collection with Rally

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[ Digiday | 2021-06-25 10:00:00 UTC ]
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Cheat Sheet: BuzzFeed will go public via SPAC IPO to fuel acquisitions, the first one being Complex Networks

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BuzzFeed Confirms Plans to Go Public Through SPAC Deal

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BuzzFeed valued at $1.5bn in deal to go public via special-purpose merger

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'PW' Once Again Accepts Print Galleys for Review Consideration

After a hiatus during the Covid-19 pandemic, 'PW' will again begin accepting print galleys for review consideration. Continue reading at Publishers Weekly

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ALA Working Group Calls for Change in the Library E-book Market

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WhatsApp: Facebook-owned app goes to court over India privacy rules

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The Independent Publishers Caucus Comes of Age

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