This printed content is Sponsored by

Baxter Research Center -- www.brc.com

Why RFPs Get Misused

Timing—like everything else—is key.

Josh Gordon
FolioMag.com
04/23/2008

RFPs are a game. As a best practice for buyers, RFPs simplify the buying process and weed out media that is off the mark, allowing more time with more approprate media. But with buyers under pressure to make decisions more quickly, RFPs get misused. When they become the primary tool of evaluation, insightful media buying sufferers.

From the buyer side:

Hering makes the following suggestions for media sellers:

Timing is key. Responding in a timely manner is fundamental to a buyer who is trying to wrangle several proposals. Always acknowledge when you get an RFP and note if you plan to participate. (Note to sales managers: Make sure you properly transition accounts. Nothing is more frustrating to a buyer than sending an important request to a dead email account or blank voicemail box.)

Just keep in mind, every time you get an RFP someone is inviting you to do business with them!


Read the Story and Comment Now Online:
http://foliomag.com/2008/rfps-both-sides-now

,












FOLIOMag.com: The Destination for the Magazine Pro
For the latest magazine and publishing industry news headlines, features, multimedia and community logon to FolioMag.com today.

Content Copyright © FOLIO: Magazine and Red 7 Media, LLC
This printed page is provided as a courtesy for non-commercial, non-profit use. Any use of this material in a commercial manner is not permitted. For information on licensing our content, please e-mail sitecomments [at] foliomag.com.