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Keurig Dr. Pepper has stirred up a controversy by issuing an RFP that included payment terms of 360 days. While some big PR and advertising agencies may be able to wait a year to be paid for their work, it's most likely a non-starter for small and minority-owned agencies. (If most big clients turned to one-year payment terms, even the big agencies might have difficulty accommodating the requirement.) The agency world has united in its condemnation of the move, and Keurig Doctor Pepper's response is tepid, to say the least. Neville and Shel discuss the situation in this short midweek episode of "For Immediate Release."
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The post FIR #307: We’ll Pay You…In A Year appeared first on FIR Podcast Network.
By Neville Hobson and Shel Holtz5
2020 ratings
Keurig Dr. Pepper has stirred up a controversy by issuing an RFP that included payment terms of 360 days. While some big PR and advertising agencies may be able to wait a year to be paid for their work, it's most likely a non-starter for small and minority-owned agencies. (If most big clients turned to one-year payment terms, even the big agencies might have difficulty accommodating the requirement.) The agency world has united in its condemnation of the move, and Keurig Doctor Pepper's response is tepid, to say the least. Neville and Shel discuss the situation in this short midweek episode of "For Immediate Release."
Continue Reading →
The post FIR #307: We’ll Pay You…In A Year appeared first on FIR Podcast Network.

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