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Wednesday, October 8, 2008
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Career Profile

Description
Sell or solicit advertising, including graphic art, advertising space in publications, custom made signs, or TV and radio advertising time. May obtain leases for outdoor advertising sites or persuade retailer to use sales promotion display items.

Job Outlook

Employment of advertising sales agents is expected to grow about as fast as the average for all occupations through the year 2014 because of growth in population and advertising revenue. Rising demand for advertising sales agents also will stem from fast growth in cable systems and from the expansion of firms into the growing Hispanic market. The industries employing advertising sales agents experienced considerable consolidation in recent years, and that trend is expected to continue over the next decade, although at a slower pace. This consolidation is not expected to affect employment of advertising sales agents significantly because prospective clients still will require sales agents to create and demonstrate advertising proposals.

Technology has made advertising sales agents more productive, allowing them to take on additional duties and improve the quality of the services they provide, without substantially lessening overall demand. Productivity gains have occurred mostly in the accounting, proposal creation, and customer service responsibilities of sales agents, allowing them to provide improved services. In addition to the job openings generated by employment growth, openings will occur each year because of the need to replace sales representatives who transfer to other occupations or leave the labor force. Each year, many advertising sales agents discover they are unable to earn enough money and leave the occupation. As a result, job opportunities should be good, especially for those with a college degree or a proven sales record. advertising revenues are sensitive to economic downturns, which cause the industries and companies that advertise to reduce both the frequency of campaigns and the overall level of spending on advertising. Advertising sales agents must work hard to get the most out of every dollar spent on advertising under these conditions. Therefore, the number of job opportunities for advertising sales agents fluctuates with the business cycle.



Job Nature

Advertising sales agents, often referred to as account executives or advertising sales representatives, sell or solicit advertising, including graphic art, advertising space in publications, custom-made signs, or television and radio advertising time. More than half of all advertising sales agents work in the information sector, mostly for media firms, including television and radio broadcasters, print and Internet publishers, and cable program distributors. Other agents work for firms engaged in direct mail advertising or display and outdoor advertising, such as billboards and signs. Because most revenue for magazines, newspapers, directories, and broadcasters is generated from advertising, advertising sales agents play an important role in their success.

Outside sales agents call on clients and prospects at their place of business. They may have an appointment, or they may practice "cold calling," arriving without an appointment. Inside sales agents work on their employer's premises and handle sales to customers who walk in or telephone the firm to inquire about advertising. Some also may make telephone sales calls, calling prospects, attempting to sell the media firm's advertising space or time, and arranging follow-up appointments between interested prospects and outside sales agents. Advertising sales agents should not be confused with telemarketers, whose duties are limited solely to soliciting orders for goods or services over the telephone and who work primarily in call centers that provide telemarketing services on contract.

Within the advertising and related services industry, media representative firms sell advertising space or time for media owners, including print and Internet publishers, radio and television stations, and cable systems. Media representative firms maintain offices in major cities and employ their own teams of advertising sales agents. These agents work exclusively with the executives at advertising agencies, called media buyers, who purchase advertising space for their clients. Media representative firms may represent any number of publications and radio or television stations, selling space to advertising agencies with clients who want to initiate a national advertising campaign or place advertisements outside their local market. Sales agents employed in media representation normally do not cultivate new advertisers but maintain contacts with existing advertisers through the advertising agencies. A local television or radio station or publication would have a national sales manager to promote its best interests and coordinate the efforts of all the media representative firms on its behalf.

Local sales agents are employed by local publications or radio and television stations and are responsible for sales in a local territory. For these sales agents, obtaining new accounts is an important part of the job, and they may spend much of their time traveling to and visiting prospective advertisers and current clients. During a sales call, they discuss the client's advertising needs and suggest how their products and services can meet those needs. A critical part of building a relationship with a client is to find out as much as possible about the client and its products. Sales agents inquire about the client's current customers, prospective customers, and the geographic area of the target market. During the first meeting with a client, sales agents gather background information and explain how specific types of advertising will help promote a client's products or services most effectively. Next, the advertising sales agent prepares an advertising proposal to present to the client. This entails determining the advertising medium to be used, preparing sample advertisements, and providing clients with estimates of the cost of the proposal.

Consolidation in the media industries has brought the sale of different types of advertising under one roof. Sales are increasingly made of integrated packages that include advertisements to be placed in print, online, and with a broadcast subsidiary. after a contract has been established, advertising sales agents serve as the main contact between the client and the firm. They handle communication between the parties and assist the client in developing sample artwork or radio and television spots. They also arrange for commercial taping sessions and may accompany clients to the sessions.

Beyond selling, advertising sales agents have other duties as well. They analyze sales statistics, prepare reports, and handle the scheduling of their appointments and work hours. They read about new and existing products and monitor the sales, prices, and products of their competitors. In many firms, the advertising sales agent handles the drafting of contracts specifying the advertising work to be performed and its cost, as well as the billing and record keeping for their customers' accounts, which may include customer service responsibilities such as answering questions or addressing any problems the client may have with the proposal. Sales agents also are responsible for developing sales tools, promotional plans, and media kits, which they use to help make the sale.


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