Sports Betting’s Rise Continues With Increased Legalization: Q4 2020 Contacts

Nothing will clear a casino quite like a pandemic — tight groups of strangers, windowless rooms, and indoor smoking now seem like relics of the past. But, even through lockdown, gambling remained. In the spring, stuck in their homes without a roulette table to turn to, consumers bet on obscure sports like Ukrainian table tennis and Taiwanese baseball to hold them over. Then, as the NBA formed a bubble and baseball introduced a pocket-sized season, sports betting’s increasing popularity forced a long-awaited legal push.


Download the Q4 2020 list of US and UK sports betting industry contacts


While the pandemic has been devastating for most industries, a select few have seen unpredictable growth. Telehealth, cannabis, subscription services, and now sports betting.

Fan eagerness combined with plummeting state budget deficits expanded sports betting and online casino gambling exponentially. Speaking at the Betting On Sports America online conference earlier this month, gambling executives, analysts, and lawmakers agreed that new tax revenue could provide much-needed income to cash-strapped governments.

Maryland, Louisiana, and South Dakota all voted this year to legalize sports gambling. This brings the nationwide total to 21 states, with more to come. Alaska, Arizona, California, Connecticut, Florida, Kansas, Maine, Massachusetts, Missouri, Ohio, and Oklahoma could see sports gambling legalized in 2021, too.

Media companies are getting in on the action, as well. Fox, Barstool Sports, and The Score all have or will soon launch branded sportsbooks. ESPN has a sports betting-focused partnership with Caesars Entertainment and CBS Sports has partnered with sportsbook operator William Hill U.S.

Though there are many advertisers in the game, DraftKings currently reigns supreme.

DraftKings reports a 42% increase in revenue in Q3 this year, clocking in with $133M. While only operating in 10 states, the company is growing quickly, doubling the number of states they are active in just this year and expanding corporate partnerships with ESPN, Turner Sports, the Chicago Cubs, the New York Giants, and the Philadelphia Eagles.

Next week, the Mashantucket Pequot Tribal Nation will make the brand the official sports betting partner for Foxwoods Resort Casino, just in time for the NFL playoffs and new NBA season.

The Motley Fool reports that DraftKings saw a 48% jump in stock price over just the past month, due in part to the favorable election results. With this added revenue, DraftKings has spent over $70M on television and $25M in digital spend this year, a big jump from the $6M and $4M spent at this point in 2019.

Click here to download our Q4 2020 list of US and UK sports betting industry contacts.

These opportunities are designed to fill your pipeline with qualified leads. We’ve included key decision-maker contact information to connect you with the right people at the right time. 

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If you liked this blog post, check out:

  1. What Will Nonprofit Sponsorships Look Like in 2021?
  2. It’s the Final Countdown: 100+ Brands Planning in Q4
  3. Knowledge is Power: 100+ Brands Buying in Q1 2021

Knowledge is Power: 100+ Brands Buying in Q1 2021

It seems like every year we trick ourselves into believing that December will be a slow month. A time for reflection and strategy as Q4 comes to a loving and gentle close. LOL. No, actually if you aren’t making plans for Q1 2021 you’re already behind. Knowledge is power here and there’s nothing worse than getting to the right contact and hearing, we’re out of budget, try us again next year.


Download 100+ Brands Buying in Q1 2021


We recently told you about brands planning media in Q1, and now, we’re bringing you brands buying in Q1, so you can focus on prospects with revenue available. Along with key contacts, we’re also noting relevant media agency partner relationships to familiarize yourself with high-level decision-makers. 

Using this list, you and your team can focus on securing big revenue from brands with budgets to spend across digital, broadcast, print, OOH, and radio channels. 

Here are insider details/predictions for four companies on our list of 100+ brands planning in Q1 2021. Keep scrolling to access and download the complete list:

1)  PepsiCo

PepsiCo named Athina Kanioura as EVP, chief strategy and transformation officer, in September 2020 from Accenture. In her new role, Kanioura will manage digital and data strategy, leading a company-wide transformation to accelerate growth. The company is overhauling its marketing efforts by utilizing consumer data to increase flexibility and relevant content creation, while also increasing direct-to-consumer business. These initiatives will build stronger relationships with consumers and could lead to increased ad dollars. 

  • Sellers: PepsiCo primarily targets a wide range of Gen-Z and millennials with its cheap snack and drink products. It also likely targets parents due to their kid-approved products. Much of PepsiCo’s messaging targets male sports enthusiasts, reaching them mainly through digital display and national TV ads. The company also invests in OOH, print, radio, and local broadcast TV ads. Sellers should reach out offering relevant ad space.
  • Agency and martech readers: Kanioura may have the authority to conduct agency reviews or hire additional agencies, so start reaching out in order to be top-of-mind. You will face competition from creative AOR Goodby, Silverstein & Partners, and media agency OMD. It also has an in-house media team that solely works on media planning.

2)  H&R Block

H&R Block shifted its marketing strategy in the wake of the pandemic, letting consumers know the company’s still open and operating through TV, performance, and email content. The coronavirus hit just before tax season, so H&R Block pushed its digital capabilities like Tax Pro Go, Tax Pro Review, and Approve Online and enhanced digital services from its tax pros to make up for the lack of office visits.

Due to the extension of the tax season, the company increased its marketing expense for Q1 by an expected $10m and acquired Toronto’s Wave Financial to expand its client base in Canada. H&R Block typically targets household decision-makers, primarily fathers, during H1. The sharp increase in their digital display ad spend targets Gen-Z and millennials and will likely utilize paid social, podcast, and OTT.

  • Agency and martech readers: Prospect elsewhere for the time being; H&R probably won’t shift its roster anytime soon. Currently, the company works with Deutsch (creative, media buying/planning and social since 2018), Edelman (PR since 2018), and Spark Foundry (digital since 2017).

3)  Clorox

Tony Matta joined The Clorox Company in October as EVP and chief growth officer. In his most recent role as Nestle Coffee Partners’s president, Matta oversaw strategy, sales, and marketing for Starbucks Coffee, Seattle’s Best Coffee, Torrefazione Italia, and Teavana. This hire doesn’t replace CMO Stacey Grier.

As demands for the cleaning brands surge, Clorox increased ad spending by 30% to $179m in the September quarter YOY. However, the pandemic has also given consumers more time to shop around and test new brands, so this higher ad spend could be an effort to keep consumers coming back to Clorox. The brand specifically targets parents, especially mothers, with a skew toward Gen-Z and millennials. To reach this audience, it likely also invests in OTT.

  • Agency and martech readers: Since Clorox hasn’t implemented roster shifts since appointing media AOR OMD in May, creative duties may still be available, especially to those able to offer brand-specific and/or project-based work, especially considering the chief growth officer hire. At this point, FCB Chicago and mcgarrybowen split creative.

4) Hilton

Hilton Worldwide recently kicked-off its first campaign since the beginning of the coronavirus outbreak. “To New Memories” is supported through TV ads, online videos, and digital/social media content. Hilton is also running a double rewards promotion for members of Hilton Honors to encourage people to visit their properties. Members can receive double bonus points per stay to earn credits.

  • Sellers: Hilton mainly targets Gen-X and millennials with a slight male skew, reaching these audiences through digital display and national TV ads. It decreased spend significantly in both of those channels due to cost saving measures amid coronavirus. It also invests in print, radio and OOH ads. Sellers should reach out soon to secure some of these extra campaign ad dollars. Offer primarily digital display and national TV ad space.
  • Agency and martech readers: Hilton works with MediaCom on media buying and planning, iProspect on digital and Legacy Marketing Partners on creative. There are no signs of an upcoming agency review.

Click here to download our list of 100+ brands buying in Q1 2021.

These opportunities are designed to fill your pipeline with qualified leads. We’ve included key decision-maker contact information to connect you with the right people at the right time. 

Request a Winmo trial today


If you liked this blog post, check out:

  1. New Year, New Plans: 100+ Brands Planning in Q1
  2. It’s the Final Countdown: 100+ Brands Planning in Q4
  3. Top 3 Tips for Identifying Key Decision Makers

Black Friday 2020: We Spent $9 Billion, But Brands Still Have Much to Learn

Welcome to the longest holiday season of all time. We should have known when Christmas movies began advertising in October and neighbors switched out their Halloween decor for inflatable Santas, that everyone needs a little extra cheer this year. Black Friday 2020 shopping was no different.

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The pandemic, combined with an already upward climb of digital retail, transformed what was once a weekend of doorbuster deals and malls so crowded news crews recorded literal stampedes, into consistent, months-long online shopping opportunities.

This Black Friday:

With COVID numbers and death-tolls continuously rising, retailers face intense challenges. Social distancing and local ordinance-compliance, employee health and safety, improving their online shopping experience, and managing external factors such as delivery delays, all require quick decisions with little information. Not to mention serious marketing challenges, too.

Walmart and Target kept their stores closed on Thanksgiving Day this year, ending a decade-long streak of extending Black Friday shopping hours into the family-oriented holiday itself. The retailers previously faced backlash for requiring staff to work overtime in crowded, and often dangerous, conditions away from their families. So, the change reflected not only basic human decency but an acknowledgment of online shopping’s power.

Target also embraced marketing challenges with “Black Friday Now.” No longer just targeting (sorry…) the day after Thanksgiving, this campaign turned the entire month of November into one, long selling opportunity with flash sales every Thursday to Sunday. The company also read the room when developing its holiday ad creative. The spots featured 10 actors who either quarantined before the shoot or filmed with their actual family members. However, not every brand has marketed and sold as well as Target.

Here are four lessons from Black Friday 2020 that brands must implement to close out Q4 strong:

1)  Optimize your online store.

While this seems obvious, many long-standing brands are still operating with a brick-and-mortar-first mentality. In fact, HomeGoods won’t even launch its first e-commerce platform until the second half of 2021, according to T.J. Maxx’s parent company. Even without the pandemic’s push, online shopping has been on the rise and will only continue its trajectory. Even if you plan to rely on foot-traffic, an online presence helps consumers learn about your store and research products.

2)  Create a hybrid in-store/online shopping model.

According to data from a recent HubSpot survey, while 33% of consumers plan to shop “mostly” or “completely” online this holiday season, 34% plan to do an “even mix of both online and in-store shopping.” By offering conveniences such as online ordering with in-store pick-up (and, transversely, in-store ordering with delivery), brands can meet consumers wherever their needs are.

3)  Treat consumers with additional care.

This year, consumers are watching brands extra-closely, especially their ability to create pleasant and safe experiences. While there are obvious opportunities in-store like social distancing and limiting the number of people shopping at a time, brands can still be human online. Now is the time to invest in your customer-service model:

  • Prominently display your phone number on your site.
  • Answer common questions and respond to issues on social media.
  • Clearly call out shipping costs and delivery times.
  • Follow up and apologize for issues (delayed shipments, incorrect orders), even those outside your control.

4)  Explain why in your messaging.

Unemployment numbers remain high and many consumers are sitting out the holiday shopping season altogether. First, brands have to explain why consumers should buy these products (including how it solves a problem for them and why is it worth this price), then why they should shop with you. Holiday shopping is traditionally divided into two categories — gifts and essentials. Whether someone is buying matching Christmas pajamas for their nephews on a whim or a new vacuum for themselves they’ve been saving for, shoppers want to invest in products with the best value.

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If you liked this blog post, check out:

  1. What Will Nonprofit Sponsorships Look Like in 2021?
  2. It’s the Final Countdown: 100+ Brands Planning in Q4
  3. Why Are There So Many CMO Shifts Right Now?

New Year, New Plans: 100+ Brands Planning in Q1 2021

In Q1 2021, marketers and media buyers need to balance long-term goal setting with short-term planning. This year’s chaos threw our plans out the window as we focused on survival. Heading into December, many brands only have the energy to focus on Q4 goals, making up for earlier-in-the-year losses. However, we must do both to avoid negative, long-term impact.


Download 100+ Brands Planning in Q1 2021


It’s possible to craft long-term goals while also leaving room for strategic pivots. If we face more economic uncertainty caused by additional shutdowns and the continued rise in coronavirus cases (bleak, I know), have plans in motion that leave room for flexibility and reactive updates.

Above all, it’s important for agencies to know the planning periods of their ideal brand clients. Media planning is too often a reactive strategy, with agencies chasing after campaigns that are already live. Now is the time to evaluate their needs, determine if your audience matches up with their target, and offer up inventory that will be an attractive safe bet.

Stand out with a hyper-focused communications:

  • Know their demographic targets inside and out.
  • Review and evaluate their current campaigns. What works? What doesn’t?
  • Highlight how you will compliment (or elevate) their existing strategy.
  • Speak to decision-makers in the manner in which they’re most likely to respond. (Read about how here.)

Here are insider details/predictions for three companies on our list of 100+ brands planning in Q1 2021. Keep scrolling to access and download the complete list:

1)  Bacardi focuses on social under a new CMO.

The rum brand was relatively silent when the pandemic began, then came out strong in June with a COVID-focused campaign, developed by BBDO Worldwide, highlighting at home activities for Gen-Z and millennials. That same month, the brand hired Alex Tomlin, formerly a freelance marketing consultant, as the marketing SVP for its North American business.

Bacardi’s national TV commercials tend to air during male-centric programming. Keep an eye on how relatively low Bacardi’s overall spend is right now, it may stay that way until it resumes pre-pandemic operations. However, the company puts a lot of marketing power into social media, as well as print (magazines), OOH, and experiential.

  • Agency and martech readers: We haven’t heard of any shifts since the company named a new CMO of Patron and Grey Goose, so keep reaching out for potential work under SVP Tomlin.

2)  AARP may have more agency reviews coming.

AARP named BBDO creative AOR in September 2020. The agency’s first work is scheduled to be released in Q1 2021 and will help reach prospects who are in their 50s through family and community centered ads. The organization spent around $20 million on digital display ads this year, up from $9m the previous period. Most ads were programmatic on yahoo.com, reddit.com, realtor.com, classmates.com and healthline.com. The second largest channel was YouTube, then native advertising.

  • Sellers: AARP targets Gen-X and Boomers, with a slight male skew, through digital display and national TV ads. It has been lowering TV ad spend over the last few years and adding dollars to digital channels. AARP places social media ads onto Facebook, Instagram, and Twitter and invests in OOH, print, and radio ads.
  • Agency and martech readers: As you know, agency reviews commonly follow one another, so start reaching out soon to be top-of-mind.

3) Big Lots increases their Gen-Z appeal.

Big Lots had a successful fiscal 2020 Q2 with sales increasing four times compared to Q2 2019, likely due to consumers investing in new furniture while stuck at home. The company is also focusing on rewards. Their Heroes Program offers discounts to veterans, active military personnel, teachers, first responders, and medical professionals. Big Lots will continue this customer oriented marketing going forward.

The company mainly targets Gen-X and millennials through digital display and national TV ads. They’ve has increased digital ad investments while decreasing TV ad spend over the last year, so they may be trying to reach younger demographics. Digital spend should continue as it works on building its eCommerce business.

  • Sellers: Those with experience driving eCommerce growth may have the most success here. Big Lots also invests in OOH, print, and radio ads, so research where you may be able to provide local ad space. Reach out offering digital display and national TV ad space, too.
  • Agency and martech readers: Big Lots works with Ologie for creative and Media Storm for media. There are no signs of a potential review at the moment, but try offering digital and social media services for the best chance to win some of this company’s business.

Click here to download our list of 100+ brands planning in Q1 2021.

These opportunities are designed to fill your pipeline with qualified leads. We’ve included key decision-maker contact information to connect you with the right people at the right time. 

Request a Winmo trial today


If you liked this blog post, check out:

  1. It’s the Final Countdown: 100+ Brands Planning in Q4
  2. 8 Sales Triggers Guaranteed to Convert More Leads
  3. Top 3 Tips for Identifying Key Decision Makers

Telehealth is Here to Stay: 50+ Industry Contacts for 2021 Planning

In 2020, we took concerts, birthday parties, baby showers, book clubs, and even trade shows online. And now? Healthcare. In a COVID (and post-COVID) world, telehealth ensures that hospitals and doctors’ offices remain open for the sick, while still providing patients access to healthcare professionals for annual check-ups and referrals.


Download the list now


As a result, the industry is evolving quickly. U.S. Health and Human Services relaxed regulations at the start of the pandemic to make it easier for doctors to provide virtual care without violating HIPAA requirements. It’s also been found to better serve those suffering from chronic illness, mental health disorders, and the elderly, too. 

With all of this attention on telehealth, rising brands are emerging. From the millennial-aesthetic driven Ro, to tech savvy Teladoc Inc., these companies are scaling quickly, creating partnership opportunities for sellers, agencies, and martech companies.

Here are three telehealth companies to keep on your radar as we begin Q1 planning. Then, keep scrolling to download our list of 50+ marketing and advertising contacts growing the industry.

1)  Ro

First up, this health and wellness company upped its national TV spend throughout Q3 and Q4 2020. The New York-based company’s Series C round in July 2020, which was led by General Catalyst, brings the company’s total funding to $376 million.

Ro is dedicated to providing patient-driven telehealth for all healthcare needs through three brand pillars. Roman provides men’s healthcare, Rory provides women’s, and Zero helps people fight addiction. Each pillar’s demographic seems to primarily target millennial and Gen-X consumers.

  • Agency and martech readers: Keep this growing brand on your radar for potential future work. Ro should continue to prioritize TV and paid social advertising, so if that’s your specialty, check out the 10 company contacts from them included in this list.

2)  Teladoc, Inc.

Teladoc hired senior director of product marketing, Melissa Leachman, in July and is currently searching for a marketing VP. As we know, adding members to the marketing team usually signals future spending increases.

According to Adbeat, Teladoc spent around 80% of its digital display budget after October, placing ads programmatically through Google Display Network onto sites like glassdoor.com, neuvoo.ca, and jobdiagnosis.com, too.

  • Sellers: Teladoc has a broad target audience, but its emphasis on digital ads implies the company is primarily targeting Gen-Z and millennials. Its top spending period the last two years was Q4, during cold and flu season, creating new seller opportunities. Specifically, reach out with digital ad space to secure some of these extra dollars.
  • Agency and martech readers: Teladoc currently works with Revive Health on PR, WiT on media and it takes care of creative in-house. While there are no upcoming reviews, you can try pitching digital and/or social media services.

3)  Nurx Inc.

Finally, Nurx is a mobile app that offers convenient consultations with professional medical providers who can prescribe birth control and HIV-prevention prescriptions. In October, the company promoted marketing VP, Katelyn Watson, to CMO. In August, Nurx landed a $22.5m Series C funding round, raising its total valuation to $115.9m.

After temporarily pausing advertising in April (thanks, COVID), Nurx is again investing in digital display ads, as well as Facebook and Instagram. Additionally, the company’s increased national TV spend should continue into 2021, targeting millennials and Gen-X.

  • Agency and martech readers: Promoted CMOs don’t necessarily conduct agency reviews as often as outside hires might, but it certainly wouldn’t hurt to reach out, especially if your PR services can build brand awareness and/or your data analytics services can help Nurx reach more young consumers, as well.

Want to stay ahead of the telehealth trend? Download our Excel list of 50+ industry contacts here.

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If you liked this blog post, check out:

  1. 50 Last Minute Holiday Spenders, Q4 2020 Annual Report
  2. The Disruption of Sports Sponsorships (And 50 Brands Planning in Q4)
  3. It’s the Final Countdown: 100+ Brands Planning in Q4

What Will Nonprofit Sponsorships Look Like in 2021?

Nonprofits have been on the front lines of the pandemic. They assist families across the country facing the grim reality of medical bills, lack of healthcare, piling debt, and other hardships. At the same time, they’re losing funding as donors large and small pause contributions in the face of their own economic uncertainty.

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No one knows how to manage tight budgets, rejection, and uncertainty quite like the nonprofit industry. However, the stress of helping others, while requiring help themselves, left nonprofits in need of increased sponsorship investments, in a year where almost every industry took a hit.
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First, find companies ready, willing, and able to partner with your nonprofit. A simple way to gauge the financial health of a company, especially those privately held, is to monitor their hiring practices. New roles mean that a brand has money to spend and is scaling upward.
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WinmoEdge delivers daily news like this straight to your inbox. Or follow Andrew Seaman on LinkedIn, the Senior Editor for Job Search & Careers at LinkedIn News, who shares a weekly list of companies currently hiring. Next, focus on planning what a realistic and mutually beneficial sponsor partnership could look like in 2021.
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Here are nonprofit trends gaining traction and tips on how to build sponsorship opportunities in what is likely to be one of the most important “rebuilding years” of this century:

1)  Nonprofit events are all virtual.

We don’t know when in-person fundraising will be safe again and, if 2020 taught us anything, it’s that pivoting to virtual is safer than continuing to postpone IRL events. Luckily, there are actually sponsorship benefits to going virtual:

  • Sponsors aren’t limited to a specific city.
  • Investments go further without the added costs of flights, hotels, and venues.
  • Adjustments can be made quickly, without attendees ever noticing.

2)  Gen Z leads the revolution.

Consumers born after 1996 are already extremely knowledgeable of charitable giving and align themselves with brands who put nonprofit work front and center. In fact, social scientists define Gen Z as the most socially conscious generation.

Find brands targeting Gen Z as their ideal consumer (again, WinmoEdge can help), then create content that’s accessible to them. Social media, especially TikTok, is an invaluable resource to go after those 25 and younger. When vetting sponsorship partners, be sure they’re well-versed in social media strategy for branding.

3.  Video is a necessity.

According to Cisco, video will make up 82% of all online traffic next year. This is a great sponsorship opportunity because brand marketing is all about establishing connection with emotional and personal appeal. Sponsors can share a peek behind the curtain of their charitable collaborations, powerfully showcasing their impact.

Don’t underestimate the power of live-streaming either.

4.  Sponsorships grows stronger.

Many brands stepped up during the early days of COVID:

  • Fast-casual salad chain, Sweetgreen, teamed up with World Central Kitchen to launch the Sweetgreen Impact Outpost Fund, feeding front-line medical personnel working in hospitals, schools, senior centers, and vulnerable and high-risk communities.
  • Allbirds’ “Better Together” campaign, allowed consumers who bought a pair of their shoes to donate a pair to a healthcare worker, too.
  • DoorDash donated $500,000 toward the Global Fund’s COVID-19 Response and partnered with (RED) to raise awareness and money for coronavirus relief efforts with limited edition merchandise and special events.

Today, consumers demand that businesses put their money where their mouth is and support socially responsible causes and movements. Not only does this create more, and meaningful, partnerships across nonprofit and for-profit organizations, but supports conscious capitalism.

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If you liked this blog post, check out:

  1. How to Craft & Pitch a Sponsorship Proposal
  2. It’s the Final Countdown: 100+ Brands Planning in Q4
  3. Why Are There So Many CMO Shifts Right Now?

Want Your Agency to Survive a Pandemic? Stop Giving Away Your Thinking: Q&A with Michael Gass

We’ve faced countless challenges this year — no one who watched the ball drop on January 1, 2020 could have imagined the path they’d travel down. Pandemic changes hit the agency world hard. Agencies have always lived and died by the success of their clients and, this year, that expression became all too real.

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However, Michael Gass sees the silver lining. His clients have found success through hardship by embracing social media, turning work from home necessities into engagement opportunities, and learning to share their passions as our professional and personal personas now blend.

Here’s the second half of my conversation with Michael where we discuss how agencies can pivot during COVID, the benefits of working from home (or boat), and why you should never give away your expertise for free.

Read our first conversation here if you missed it.

Samantha Stallard: The COVID-19 pandemic has defined 2020 and agencies have been hit hard. What are some actionable steps that you have seen your clients take to maintain profitability and stay afloat this year?

Michael Gass: Most agency owners weren’t born into the advertising and marketing world, many of them had entirely different lives they lived first. One of my clients, Wil Shelton, was a hairstylist and now owns an agency in Los Angeles. While working as a stylist, he built relationships with African American-owned barbershops and salons that evolved into a business all its own.

He started calling entertainment studios throughout LA and let them know that he could promote their movies and shows in barbershops and salons. From there, Wil built a personal network of 100k+ shops with street teams that deliver marketing materials directly to the target consumer.

Since the pandemic, Wil doubled down on his niche. He started a blog, The Next Cut: Connecting cinema with African American consumers through their unique relationship with the urban salon experience.

By remaining focused on this niche, he built awareness and opportunities through the pandemic. Even as others jumped on the content bandwagon, Wil’s stands out because it’s for a specific audience.

His agency has thrived by building a community of prospects around his audience. Wil recently landed three new accounts without an RFP or a pitch just based on his positioning of expertise. That’s what prospects are searching for and they’re willing to pay a premium for it.

New business has changed, especially because of the pandemic. Instead of chasing new business it’s all about being found. The way it worked for Wil Shelton is exactly how it can work for others. Identify your best target audience, build a community of prospects, and create content that helps them with their advertising and marketing challenges.

The reason a lot of small to midsize agencies haven’t found success with an inbound marketing approach is they’re simply doing it wrong. 

SS: What have you done personally to keep your business going and how should agencies respond to COVID?

MG: I practice what I’ve been preaching for 14 years. I created a niche for fueling new business through social media for advertising, digital, media, and PR agencies. Since the time I launched my consultancy, I’ve never made a single cold call for any business. I’ve always had a consistent flow of business. That’s what a positioning of expertise will do for you. That’s even truer during this pandemic.

If you want to stop chasing business, learn how to be found. If you want to stop trolling for prospects, position yourself as an expert. And experts write. 

Here are a few examples: 
  • Jeff Fromm, The Barkley Agency, Kansas City, MO. Jeff is an expert on marketing to millennials. Blog: Millennial Marketing.
  • Terry Zelen, Zelen Communications, Tampa, FL. Terry is an expert on marketing for homebuilders. Blog: The Punch List: Real estate marketing strategies for homebuilders.
  • Eric Eliott, VIP Marketing and Advertising, Charleston, SC. Eric has created a positioning of expertise as the author of The Legal Ad Journal: How to successfully advertise your personal injury law firm.

Each of these agency owners have a diverse portfolio of clients. But, a niche blog that lives offsite creates a tighter target audience. It also provides opportunities at larger accounts and a consistent new business pipeline.

When I started as a new business consultant, I saw that most agencies were stuck in a perpetual state of rebranding. They were unwilling to make hard branding decisions or align too closely with a target group.

Positioning is the foundation of new business and the lack of positioning is the primary reason agencies struggle. With the impact of COVID-19, it’s even more critical.  

Instead of a corporate blog that reflects the agency, these are personal. The agency’s brand is an extension of the owner’s personal brand — their vision, values, and culture.

People want to work with those that they know, like, and trust. Agencies can build this on social media by leading with the owner and making personal connections.

Agencies are also quick to give their thinking for free. Anytime you’re giving a prescription to a problem, you should be paid. That’s the reason I have a service called, “Pick My Brain.” If agency owners want to stop being treated as vendors, they must stop acting like them. The good news, with a narrower focus, you can gain a positioning of expertise quickly.

SS: Do you think we’ll return to the traditional office environment post-pandemic?

MG: I don’t think people want to totally do away with the office environment. We’ve great tools for outreach and connection. But I think the biggest trend is to provide us more flexibility in our work.  

I was on a video call with Brad Ball recently. Brad’s the former CMO of McDonalds who now owns Silver Advertising, a marketing agency for seniors based in Los Angeles. I took the call from the back of my houseboat with a fishing pole setup for catfishing. During my conversation with Brad, I looked out of the corner of my eye and the fishing pole was bending double. I apologized but said, “I have to get this!” Brad watched me reel in a 17 lb. catfish.

It also makes work more enjoyable. Business doesn’t have to be a chore; we can be more efficient than we’ve ever been and still have a life outside of advertising.

I remember when social media was becoming mainstream, a lot of agencies told their employees they couldn’t go on it at work. Try to enforce that even last year. Our personal lives and work lives are blended now. And that doesn’t have to be a bad thing.

I have a one-year old grandson, so I get to spend time with him and I share a lot of photos of us, showing my network who I  am beyond my business, building deeper connections. During COVID, I’ve encouraged my clients to do the same. I work with one agency owner who’s a fellow boater, another is an equestrian, and one just won a weightlifting championship.

It’s time agency owners get social. Social media allows us to build relationships and network far more efficiently than ever before. That’s good for business.


About Michael Gass

Michael is the founder of Fuel Lines Business Development, LLC. The firm provides business development resources, training and consulting services to advertising, digital, media and PR agencies. He is also the author of the Fuel Lines blog which has been rated among the top 100 marketing blogs in the world, according to Ad Age’s Power 150.

Since 2007, Michael has pioneered the use of social media, content and inbound marketing strategies specifically for agency new business. Michael has originated a system that makes targeting, positioning and differentiation easier and helps agencies to find, attract and engage their best prospects online. He has trained over 450 agency CEOs and their senior management teams in all 50 states here in the U.S. and agencies in over 21 foreign countries. 

Along with providing consulting services and training for individual agencies, Michael also speaks at events and conducts training for agency groups such as the 4A’s, Mirren New Business, TAAN, The Magnet Global Network, MCAN, DMA and the American Advertising Federation. He delivers more than 40 presentations each year.

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If you liked this blog post, check out:

  1. How to Use Sales Intelligence for Agency Growth: 4 Tips Any Agency Can Implement
  2. 30 Sales Quotes to Keep You Motivated Through Quarantine
  3. 7 Business Podcasts to Reignite Your Sales Strategy

4 Ways Sellers Are Using Winmo Intent Insights

Sales professionals are always on the hunt for the latest technology that will give them a competitive edge to close new business. While they’ve mastered methods like social listening and lead scoring, here comes intent insights as the next powerful predictor. Winmo’s newest intent insights feature, powered by Bombora, tells you which companies are researching your products or services, so you can intercept those most interested in buying what you’re selling, now.

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What are intent insights?

Information collected about web users’ content consumption or observed behavior that can provide insight into their interests. For example, if someone is searching for search engine advertising, SEM agencies, and digital ad strategies they’re probably ready to turn their AdWords campaigns over to an agency. Essentially, Bombora’s insights tell us what products and services companies tracked by Winmo are researching. Then, these insights are collected through observed online behavior and content consumption, including:

  • Web searches
  • Case study views/downloads
  • Webinars/registrations
  • Subscriptions

All of these sources combine to make up an interest score in Winmo – Interested, Moderately Interested, Very Interested, or Extremely Interested. Above all, the more interest expressed, the more intent insights have been collected about that company for a particular product or service.

Then, once the data is clear, then it’s time to determine the searcher’s potential intent to take action. With this understanding, sales and marketing teams can be more relevant and consistent, improving performance across all activities. Simply put, this intent-driven approach revolutionizes the way businesses market and sell to other businesses through transparent data built on quality, collaboration, and innovation, too.

Here are four ways to improve your sales strategy with intent insights right away:

1)  Identify companies researching topics, companies, or news from your industry.

First, here are some search term tips to get you going (broken down by industry):

  • Agencies: Branding, strategy and analysis, eCommerce, or search marketing.
  • Martech: Adtech, analytics and reporting, demand generation, or APIs and services.
  • Ad sales: Campaigns, marketing, or mobile
  • Sponsorship: Event management, entertainment, nonprofit or sports partnership.

2)  Focus sales efforts on prospects most likely to convert.

Winmo’s interest scoring model makes this especially simple. Similar to lead scoring, gauging search volume ensures that your sales team is putting the most effort on those most ready to buy. This a better time management strategy for new business because it ensures that you aren’t scaring off prospects who still need more time to self-educate.

3) Craft relevant email outreach to leads and prospects.

When you know what your potential client’s specific pain points are, you can filter through the noise and drill your message down. Are they interested in a subject you already wrote an ebook about? Send it to them no strings attached. The more value you provide, the more trust you will earn. Also, Winmo profiles now show the top four topics a company or agency is most interested in, so you can factor that into your outreach, too.

4)  Lastly. get the right message to the right person.

Intent data can often tell you which companies are searching particular topics. However, when overlayed in Winmo’s advertiser database, this information generates a list of specific contacts at those companies. Search companies based on interested, then drill down on titles and contacts most relevant to that topic.

 

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If you liked this blog post, check out:

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  3. Why Are There So Many CMO Shifts Right Now?

Why Are There So Many CMO Shifts Right Now?

CMOs have the highest turnover rate in the C-suite. In any economy, chief marketing officers must fight through ambiguity and financial limitations, but those stressors have only increased in 2020. In a 2019 report, Forrester said that, while “not foretelling an end to the CMO role, we do see a stage set for a desperate fight for survival.” Why though?

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According to industry experts:

  • 80% of CEOs don’t trust or are unimpressed with their CMOs. In comparison, just 10% of the same CEOs feel that way about their CFOs and CIOs. (Fournaise Marketing Group)
  • 74% of CMOs believe their jobs don’t allow them to maximize their impact on the business. (Harvard Business Review)
  • CMOs stay in office for 4.1 years on average, while CEOs average 8 years; CFOs, 5.1 years; CROs, 5 years; and CIOs, 4.3 years. (Korn Ferry)

These disillusionments may stem from unrealistic expectations coming to a head with an over-burdened CMO. As roles become more specialized, relying on one person to oversee all media, branding, revenue, and marketing efforts could actually set them up for failure. In today’s digital-first world, CMOs have had to not only educate themselves on constantly evolving communications channels, but train their marketing team, and lead the entire company to financial success.

So, why have there been even more shifts lately?

1)  CMOs have spent the year honing their crisis management skills.

2020 began as a rough year for the role even before the pandemic hit. The first half of 2020 saw a record number of marketing moves. In total, there were 243 publicly announced executive moves, up from 214 in the second half of 2019 and marking a continued climb since 2018. But since March, COVID-19 and civil unrest have put CMOs under a microscope.

It’s marketing’s responsibility to strike the right tone when engaging with consumers. This year, that has meant responding to the pandemic, adjusting communication channels accordingly, and taking a stance on social issues in support of Black Lives Matter and the protests that swept the country throughout the summer. Traditionally, CMOs are quick to take the fall during a communications crisis, as well.

2)  There’s too much focus on commercialization and not enough on strategy.

CMOs are one of the few C-suite roles that must balance both internal and consumer-facing responsibilities. Most are primarily responsible for creating marketing communications to sell products or services, working to grow both revenue and positive consumer-relationships. By focusing on strategy-first, they can take the lead on branding and positioning, then translate those needs into new products, services, experiences, and personalization opportunities.

3)  Some hiring companies don’t actually know what they’re looking for.

Even when the CMO role is well defined, assessing candidates can be a challenge, because their training and experience vary so much. According to Harvard Business Review, only 6% of CMOs have degrees in marketing. While 44% on average have MBAs, their educational backgrounds vary a lot.

When looking at CMO job descriptions, they can ask for everything from analysis, customer insight, brand strategy, and marketing strategy management, then expect the role to implement everything across the board. On top of that, they’re expected to have industry experience, leadership skills, and a strong sales background. A better ask would be to search for hires with research skills, media experience, and data to back up the success of their past marketing initiatives.

CMO shifts can indicate the initiation of an agency review and is a prime opportunity to pitch a brand’s incoming CMO. In fact, a Winmo study shows that on average, a new AOR is typically named 6-18 months after the CMO is hired. With such short turnaround, it’s crucial to time your new business outreach accordingly.

For media sellers, simply knowing which CMO shifts are on the horizon will allow you to identify decision makers worth staying in contact with for future revenue opportunities. Download our CMO Lifecycle Report to identify: 

  • The average and median CMO tenures at national brands from over 1400 tracked CMO tenures (the largest tracked dataset ever).
  • Techniques to improve your business development strategy with this exclusive data.
  • Industry-specific tenures for CMOs in the CPG, financial, retail, and restaurant industries.

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If you liked this blog post, check out:

  1. Personnel Shifts are Happening: How Sales Intelligence Can Help Keep You Informed
  2. How to Activate CMO Tenure Data to Help Agencies Win New Clients
  3. Opportunity Ahead: 15 New CMO Hires

Niche is Not a Dirty Word: How to Find Your Agency’s Target Clients and Build a New Business Program with Michael Gass

Michael Gass has developed a reputation on Twitter. The business development consultant and trainer is known for his mix of sales and agency content balanced with family shots of playing with the grandkids or relaxing on his boat. It’s the definition of work-life balance as the face of a brand. And he should know – Gass’s entire business is based around providing a process that helps agencies to better define their primary target audience, establish a positioning of expertise and create a way for the agency owner(s) to become a more visible ‘face of the agency.’ 

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I sat down with Michael to discuss his consulting career, including the early, wild west days of social media, how to sell without ever making a cold call, and why agencies are so afraid of defining a target audience.

Samantha Stallard: How did you get into business development and eventually start your own company?

Michael Gass: I started with an agency in Nashville and worked my way up to account director. We had gone through three new business development people and the two agency owners asked if I would give it a shot. And I learned that I was good at it. I had some natural ability and knew how to be persistent without being a pest. I was recruited by other agencies to help with their business development. Back in 2007, with three kids in college, I decided to laugh my own business as a new business development consultant.

I was under a lot of pressure and social media was just coming up on everybody’s radar, but very few knew how to monetize it, particularly agencies. So, I created a blog called Fuel Lines: Fueling Ad Agency New Business. I quickly discovered that few agencies identify their target client because they’re afraid of being pigeonholed or losing opportunities with other brands. However, without a target, it’s almost impossible to create branding and positioning. 

Many agencies are also caught in this perpetual state of redesigning their website, it made new business more difficult than it should be. And to me, positioning is the foundation of new business, right? That’s why most agencies struggle with it. So, now it was time for me to step up to the plate and practice what I preach.

SS: How did your blog evolve into a consulting business?

MG: A few months after creating the blog, writing content, and developing my online community I had an opportunity to work with an agency on the West coast, over 2000 miles away. When I thought about what it would have taken to get that opportunity using traditional marketing methods, I plunged into social media as if I were back in grad school.

Very few post content on how to generate new business from social media. So, I pioneered my way through it by testing everything. For example, back in 2007, according to the “social media geeks,” if you tweeted something once you weren’t supposed to tweet it twice. But, as I grew my Twitter following, I realized that if I tweeted an article that I posted at two o’clock on Thursday, the vast majority of my audience never saw it. I tested until I found a pattern showing how often I could reshare the same content without losing followers. I kept testing and generated healthy traffic to my site, about 25,000 to 30,000 page views per month.

It’s been 14 years and I’ve never made a cold call for new business. I’ve never had to because of a consistent flow of online leads that has been generated through social media. Today, instead of chasing new business, it’s all about being found. The dynamic of your relationship is so different when a prospective client initiates the call. You do that by creating a positioning as an expert. That’s what prospects are searching for and they’re willing to pay for your expertise.

SS: Tell me about an agency that reached out to you.

MG: I got a call from Kevin Freedman, the CEO of Freedman International. Like with many other agency owners, I had developed a personal connection with Kevin through social media and creating helpful content. When Kevin reached out to me by phone he talked to me like he knew me even though it was our first conversation. His call was basically to check on my pricing and availability. He flew me to London to conduct a new business workshop for his team, that was our first face-to-face meeting.

People want to work with other people that they know, trust and like. Social media is like networking on steroids. To have the right prospect, with the right budget, who already buys into the way I think, and reaches out to me ready to go? That’s a new business professional’s dream.

In the beginning I was criticized for being too passive in my approach, but there was nothing passive about it. Other business development pros didn’t see the strategy behind my tactics. Whenever a new agency calls me, I remind them of who called how. The way my new business program has worked for me is exactly how it works for my clients. You’re not having to sell, they’ve already bought in.

In over 14 years, having worked with over 450 agencies throughout the U.S., Canada, South America and Europe, I’ve never had a bad client relationship. It’s a self-vetting tool. If there’s no chemistry, or they don’t agree with your philosophy and thinking, they never call. That isn’t a bad thing. You don’t waste time and effort on prospective clients that aren’t the right fit. But for those that do buy-in, you can form a very strong connection with your audience.

SS: Describe your role as a consultant. What’s your primary responsibility?

MG: First and foremost, I help solve my clients’ positioning problem. With most agencies in a constant state of rebranding themselves and redesigning their websites, I have them create a niche blog, totally separate from their existing website. It allows me to help them drill down to a very specific target group, much tighter than they would ever allow on the website.

We usually build this new blog around the agency owner(s). In practicality, they’re the least likely person to leave. I’ve also learned that the agency’s brand is really an extension of the owner of that brand. It’s their vision, values and culture that they’ve created.

We make the niche blog personal, not corporate. Because social media is about people connecting with other people, not the brick and mortar agency. We don’t hide the owner’s connection with the agency but we don’t lead it.

You have some international brands that understand the power of a person being the face of the brand such as Steve Jobs and Tim Cook as the face of Apple or the brilliant job Sir Richard Branson does as the face of the Virgin brand.

Creating the niche blog offsite is a palatable way to help solve the problem of branding and to gain a positioning of expertise quickly. The riches are in the niches.

SS: But a lot of owners don’t want to be the face of their agency.

MG: Agency owners are extremely important for new business. Nobody wants to talk to the sales person. Prospects want a direct connection with the agency’s brand owner.

Drew McLellan with Agency Management Institute, said agency owners need to spend 50% of their time in business development. So, how do they do that? Cold calling is inefficient and ineffective. There’s a new approach for new business and that’s through the use of social media. .

Community development comes before business development. You build an active community of prospects around your personal social media accounts. And, the way to build that community is to share your thinking and provide content that has value. Most agencies have a Twitter account, Facebook page, and blog, but all they do is talk about themselves, their new hires or awards. They’re not creating conversations that are of value to their audience. That’s why most don’t have new business success across these channels.

Most agencies are also on the content bandwagon. But content has doubled or even tripled since 2015. They’re having little success with it from a new business perspective because it’s just contributing to the deluge of generic online content. It’s not specific to a particular target group and creates very little if any appeal or awareness.

SS: What happens when agencies focus on these niche audiences?

MG: I have a client based in Ann Arbor, Michigan whose primary target is OEM (original equipment manufacturer) automotive suppliers. Being so close to Detroit, the automotive epicenter, the agency has hundreds of prospective clients within a half day’s drive from their office.

Even though the agency has done lots of work in this category they were afraid to claim this niche without the blog, 0 to 60 Branding: Marketing and advertising insights for automotive suppliers. Ernie Perich was invited to speak to the Original Equipment Suppliers (OESA) Summit to address his prospects because he had earned a positioning of expertise to this group.

Another client has been  the Barkley Agency in Kansas City. They currently have three niche blogs. One for Quick Service Restaurants, another for CPG companies and the third, Marketing to Millennials. Because each blog lives offsite, they can fish in different ponds for specific audiences without creating any confusion for clients or prospective clients.

SS: Describe the blog creation process.

Jeff Fromm is the author of the Millennial Marketing blog. In the beginning, Jeff didn’t know much about millennials other than he had three of his own. Today, Jeff is the expert in this space. He’s written three books on the topic, is an keynote speaker, writes for Forbes, and, is often quoted on national news programs and publications. Jeff’s positioning of expertise is a large part of Barkley’s success for new business.

The number one thing prospective clients are looking for is expertise. And the biggest commonality among experts is that they write, so you can quickly establish a positioning of expertise by writing about it.

And I know most agencies are in a predicament — they need to generate new business today. So, I put them on a very rigorous writing schedule. I have them to write 30 posts within 30 days. It helps them to develop a system for content creation plus, the blog looks rich and full. Prospects don’t know that it’s new. They’ll think they discovered it, not seeing the strategies, tactics and tools it took to get them there.

Once we’ve determined their target, we develop a title and tagline for their new, offsite blog and identify the key categories that will help focus the writing. The tighter the content-focus, the easier it is to write.

SS: Wow that’s intense even for a writer like me. How do you develop the content?

MG: It starts with positioning. The lack of positioning is a common problem for most agencies.  Tim Williams wrote one of the best positioning books I’ve ever read on the subject, Take a Stand For Your Brand. I encourage my clients to read it. Once read, many agency owners become excited to get started, but I found that they still  don’t have the stomach to make the hard business decisions and pull the trigger and really identify their niche. All they can think about is missed new business opportunities. They want to be as broad as they can be and try to appeal to everybody. But, when you try to appeal to everyone, you don’t appeal to anybody.

So, I found a solution to the problem creating the niche blogs. To get started, I usually conduct a full-day new business workshop. I reserve the end of the day for the discussion on positioning. A lot of the agency owners read the agenda for the day and want to discuss positioning first thing in the morning. I say, trust me, we’ll get there. I want to show them the strategies, tactics, and tools, first.

Owners are always amazed at how easy it is for them to figure out their positioning. I found that most agency owners really know where they need to be, they just need to find a way to implement it without the risk. That’s why creating the niche blog works so well. Because it lives offsite, it doesn’t create any conflicts with prospects outside of their niche. But, for their primary target audience we can create a sales funnel through the niche blog. It allows them to have a most consistent flow of prospects and opportunities and larger accounts because of their positioning of expertise.

SS: What other agencies have successfully defined and gone after their niche?

MG: I had a client in Lehigh Valley, Pennsylvania. When I flew into the Lehigh airport, there was beautiful ads on the walls featuring Martin guitars. Then, when I got to the agency, they had guitars on the walls and I learned that the two agency owners played in a band together. Martin was their client. It was a small agency, maybe 15 people, and they had a major brand as a client. I knew we needed to leverage that.

Through the positioning exercise during their workshop, we found that there were thousands of companies in the musical instrument and equipment manufacturing category. We defined it as the niche. They started creating content for their blog building awareness and appeal for their audience. When they attended an annual musical instrument and equipment conference in Anaheim, California for their target audience the owner of Peavey Electronics invited the agency’s partners to dinner, the asked to visit their headquarters in Meridian, MS which was followed with a marketing proposal through creating a niche.

SS: What are some skills that you developed in the beginning of your career that you still use today?

MG: Always create value. You’ve got to create true value for your prospective clients. The first agency I worked with was Holland + Holland Advertising in Birmingham, Alabama. Stephanie Holland was the president and creative director. It was a small agency and I asked them how they were different from everybody else. They gave the usual responses — we’ve got great creative, we’re strategic, we’re fun to work with… the same thing every other agency says.

If I’m a Midwestern-based brand, why would I want to fly over hundred of other creative, strategic, fun agencies to work with you in Birmingham?

While researching a niche, we couldn’t find another female creative director in the entire state of Alabama. Then discovered that 97% of all creative directors at that time were men. Which is especially crazy because women are usually the purchasing agent for their families. So, we positioned Stephanie as the face of the agency and detailed how the good ole boy creatives were missing out on their primary marketing target, women. We developed the niche blog, She-conomy: A Guy’s Guide to Marketing to Women, and lead with the stat that 85% of all brand purchases are made by women. One day, Stephanie let me know that she was hired by Porsche to develop a marketing campaign targeting women to buy their luxury cars. They would have never gotten that opportunity without her positioning.

SS: Inn my experience at agencies, we only looked for new business after something bad happened, like losing a major client.

MG: Another commonality among small to midsize agencies, they’re good at servicing their clients. But, almost to the detriment of new business. As soon as they land an account, that becomes their focus, so new business activities cease until you lose another account. That’s why agency new business is like a roller coaster. Develop a new business program that you can maintain even when you’re at your busiest. Never turn it off. You always have clients you want to trade-out. You want bigger accounts that have longevity and that are a better fit for your agency.


About Michael Gass

Michael is the founder of Fuel Lines Business Development, LLC. The firm provides business development resources, training and consulting services to advertising, digital, media and PR agencies. He is also the author of the Fuel Lines blog which has been rated among the top 100 marketing blogs in the world, according to Ad Age’s Power 150.

Since 2007, Michael has pioneered the use of social media, content and inbound marketing strategies specifically for agency new business. Michael has originated a system that makes targeting, positioning and differentiation easier and helps agencies to find, attract and engage their best prospects online. He has trained over 450 agency CEOs and their senior management teams in all 50 states here in the U.S. and agencies in over 21 foreign countries. 

Along with providing consulting services and training for individual agencies, Michael also speaks at events and conducts training for agency groups such as the 4A’s, Mirren New Business, TAAN, The Magnet Global Network, MCAN, DMA and the American Advertising Federation. He delivers more than 40 presentations each year.

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