We are Flooded with Advertising Agency Resumes

We just wanted to point out that our firm has received a massive increase of advertising agency resumes being sent in for the past week. On average we received 1-2 a day last year… now we are receiving 10 to 40 per day.. roughly 1000 resumes per month … they are literally pouring in. HR is being overwhelmed with the volume of resumes. We’re growing, but not like that… nor will we ever want to grow like that. Irresponsible growth is what forced many of these massive layoffs in the first place.

Just a word of advice, if you are looking for a job, blindly e-mailing your books and resume in isn’t the way to get a job. The way to get a job in this recession isn’t to just peddle your books, the better way to get a job is to setup a search engine friendly blog, post your thoughts on advertising in todays economy, make it robust, complete with your books an examples online.

It’s not the old boys network of BDA’s anymore, and judging on the volume of resumes being sent it, it’s not going to be a BDA world anymore.

Send the agency you are applying for the link to your blog / website via Linkedin , Twitter, Facebook, get your “i need a job” site on the main page of Digg screaming why someone needs to hire you…anything other than blindly sending in an e-mail.

The reason you want to do it this way is simple, it proves you know how to build a decent blog or website, it proves you know how to use social media tools, it proves you understand at least some aspects of how business is being run and advertised today.

Rank for the keywords you feel that agency wants.

The chances are the owner or person in power of hiring will be of course trolling their own search terms in Google (not their trademarked name, but the name you think they are looking for. Trying to rank for their trademarked name will results in lawsuits not employment), seeing your name up there in the results will force them to take a peek.

Trust us on this, sending an e-mail with some Pepsi ad that you created that cost Pepsi millions in print media spends to distribute isn’t cutting it, not by a long shot. (we singled out this one because this poor sap sent in a 30 meg e-mail filled with TIFF images) and a Microsoft Word document as his resume to boot.

You have to keep in mind that the word “advertising” has changed, years ago we had a long conversation regarding the definition of advertising, it came down to the many of the holding companies didn’t view Advertising the same way we did. “SEO isn’t Advertising” “Social Media isn’t Advertising” Big bills and massive media spends were the only things that were considered “ads” hence their lack of investment in our field of advertising, and hence why we are flooded with resumes from Ogilvy, BBDO, Arnold and overall almost every agency of size within a holding company. Our problem is that these ad agencies largely never trained their employees on Advertising… or at least how we define it. … our view is polar opposite on Advertising, what’s the point of throwing up marketing material on print media if no one reads it, or if they do read it.. they can’t find it the generic products name in the search engine to buy it or they are not reading good reviews on individual blogs about the products.

What do we know… we are only the ones collecting BDA resumes.

Good luck and good hunting… worth noting during the interview process it’s fair to ask the HR person if the Advertising Agency is profitable. Last thing you want is after all this hard work to be handed a pink slip again.

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Happy Layoff Day

Edit : about 3 seconds after this article was published, it was already outdated … Sprint Nextel just announced they are firing 8,000 people..

Layoffs galore today, tens of thousands of people were cut in the past 6 hours or so…. yes we know.. there is nothing to be happy about. Prior we were criticized for saying this is looking more and more like the great depression, so to nullify these objections we have titled this article “Happy Layoff Day”. The fact that these people have children at home, mortgages to pay for the roof over their head means nothing to these companies.

This is horrific by any measure, because thousands of people losing their job every day is the norm rather than the exception, and for every unemployed individual is another one that can’t buy a car from General Motors or buy something from Home Depot, in short these layoffs are circling back to bite them.

Thousands more jobs cuts were announced Monday. Pharmaceutical giant Pfizer Inc., which is buying rival drugmaker Wyeth in a $68 billion deal, and Sprint Nextel Corp., the country’s third-largest wireless provider, said they each will slash 8,000 jobs. Home Depot Inc., the biggest home improvement retailer in the U.S., will get rid of 7,000 jobs, and General Motors Corp. said it will cut 2,000 jobs at plants in Michigan and Ohio due to slow sales.

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UK ’3 hours from full banking collapse’

Britain was just three hours away from going bust last year after a secret run on the banks, one of Gordon Brown’s Ministers has revealed. City Minister Paul Myners disclosed that on Friday, October 10, the country was ‘very close’ to a complete banking collapse after ‘major depositors’ attempted to withdraw their money en masse.

60-year-old Lord Myners was accused last night of being ‘completely irresponsible’ for admitting the scale of the crisis while the recession was still deepening and major institutions such as Barclays remain under intense pressure.

The Daily Mail is reporting

This part is driving us crazy “‘completely irresponsible’ for admitting the scale of the crisis ” … meaning that things might even be worse now but no one knows? It’s under wraps?

An old school bank run, only now it was done online via wire transfer.

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Home Depot firing 7,000 people

Home Depot announced Monday it would eliminate 7,000 jobs and close its Expo home decorating division as dismal sales have hurt the home improvement chain. The average house has plummeted in value nearly 10% , whereas in some areas homes have lost 50% or more of their value.

Leaving homeowners underwater by massive margins. Some have advocated the “$100,000 bailout” to homeowners where $100,000 dollars will be automatically added to home values by a government guarantee. This it is felt would get the banks to start loaning money rather that hording the homeowners taxpayer money. However the chances of something along those lines passing are slim to none, as of today the working and middle classes have received no bailout money whereas billions have gone to bankers bonuses and trillions to failed banks themselves.

In other words, much of the US population is feeling like they bailed out the banks, but no one bailed them out.. and they are in worse shape.

This is great stuff, bailouts, recession, depression, automakers making cars people don’t want, houses people can’t afford, and credit card bills that people can’t pay… and a deficit so high that when this is said and done will bankrupt Washington.

And we were concerned about Advertising Agencies.

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Google placing ads on almost all their properties

Google recently started placing ads on its image search and finance properties to cope with the recession / depression — whatever your point of view is. These properties have never had ads on them in the past, and the finance one is somewhat of a hot property now due to the economic roller coaster we all have been unwillingly placed on.

The only place we don’t expect ads to be placed on is Google News, due to the legality issues of driving traffic to the newspapers… yea no kidding.. the Newspapers (in lawsuit mode due to lack of other revenue) have threated Google multiple times and have actually tried to sue them for linking to their articles. So Google has no ads on Google news because of concerns with the newspapers screaming “you’re making money off my headline and linking to my article” … we love old media.

Regardless, expect to see ads plastered all over http://finance.google.com and http://images.google.com as well as other properties that they own… other than Google News that is.

Hey Ad Agencies and Newspapers, you realize this is how Google Views you?
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Publicis launches it’s own Enfatico ad agency!

Adweek is running a story that Publicis has it’s own Enfatico… well those words came from Parker. Like the Enfatico model was so hot that Publicis had to copy it! That’s hot stuff. Because now we have another target to discuss in 673 days, 14 hours, 6 minutes, 12 seconds when the Enfatico contract with Dell is wiped out.

This is almost comical if it isn’t such a disaster in the making.

“Sources pegged the account’s size at approximately $1 billion in terms of annual global media expenditures. Most recently, various agencies handled the far-reaching assignment, including units of Havas’ Euro RSCG network.” … Parker noted “at least it wasn’t 800 agencies” or so.

This is such garbage, creating it’s own ad agency… they can expect Enfatico like results… the good news is that I suspect that Publicis won’t pull a WPP and sign 10 year leases for 3 year contracts.

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NYT : Ad Agency ‘Trust me’ is already outdated

According to the New York Times the new TV show “trust me” is already outdated, specifically points to online marketing, SEO, SMO, as lacking in a big way on the show, because when the show was filmed prerecession the BDA’s didn’t give a crap about ROI for the client. Not sure if they wanted to admit the truth like this, or if that was the intent, but neverless it was outed in an extreme fashion.

It’s what happens when 4 companies control all the advertising dollars, the truth isn’t the truth until they say so, no matter what the reality on the ground is.

“Trust Me,” a TNT series set in a Chicago advertising agency, is clever and likeable — which, incidentally, is what most commercials try to be. But the series, which begins Monday, was created before the collapse of the credit market, and accordingly it looks at times like a period piece. Its characters live in the contemporary world but operate in a prerecession economy when television and print commercials still ruled the market, and advertising executives paid scant attention to the Internet, DVRs or the bottom line.

Classic, advertising agency fat cats talking about how to bilk the client when just right around the corner is the mother of all recessions.

I’ve fallen, and I can’t get up!
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Starbucks fires another 1000 people

Another big round of layoffs is expected at Starbucks, possibly 1,000 people — a third of its headquarters employees — and some district managers and field employees, according to an e-mail sent to a stock brokerage’s customers Friday. The Seattle Times is reporting

We are supposing the 5 dollar cups of coffee are just too much in this economy…

It’s like a dollar per 1000 calories.
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California’s unemployment near 10% and climbing

California’s unemployment rate climbed to 9.3 percent in December from 8.4 percent in November and 5.9 percent in December 2007, the state Employment Development Department said Friday. The Business Journal is reporting 10% … 1 out of every 10 residents in California is currently on Unemployment… and that state isn’t the worst. Michigan is reporting a 10.6% unemployment rate, but that is only circa December… meaning the next release isn’t out yet, but it’s expected to jump up in a big way.

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Mass Firings at Rubin Postaer

EDIT : George Parker has issued a retraction to this story, and it was our source of this article, so we have updated this post to reflect the retraction issued on George’s blog

The initial story that was published is listed below, but it’s accuracy is highly questionable considering the above retraction.

George Parker has the scoop “Major bloodbath next Monday at Rubin Postaer and Associates. More than one hundred people are expected to be laid off.” Ugly, really ugly. These people will be walking into a country wide “no hire zone” as there is a 4:1 ratio of unemployed individuals to jobs open.

These layoffs are to take place next Monday, it appears that the agency has not yet informed their staffers, and the individuals currently employed at Rubin Postaer are hearing this though blogs and news outlets.

How far do we have to walk to get away from this recession?
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