Don’t Come to the Buy Side without Sell Side Experience
The title of the post is a bit of an exaggeration, but after reading below, you’ll see why. Note, this mostly pertains to technology/digital opportunities.
I had a conversation with an industry colleague the other day and we both came from the sell side (publisher/content distributor) before we ended up on the buy side (agency/client). We ended up chatting about agency talent and how beneficial it is to spend time on the sell side.
These are some points that we discussed:
- If you are coming from an ad network, exchange, or other media technology capability, you generally have a better working knowledge of technologies and understand the constraints and opportunities they provide. It’s also a lot easier to call “BS” on vendors when you’ve participated on their side of the fence.
- Interfacing with many different types of buyers. Similar to how the buy side gets to interface with many different sellers, by working on the sell side, you get to understand all of the needs of the marketplace and get privy to all of the questions being asked by different clients. This is important as you can begin to understand which buy side agencies are stronger than others and what the industry wants in terms of execution.
I really think the first point above is the mega-important one. As more and more technology penetrates advertising agencies, having a background that can discern the technologies and performance is going to become increasingly important. I highly suggest that people round out their careers by being on both sides of the fence, then of course, pick the side they like best.
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Cary
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jtbatson
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Jeremy