10 Advantages When Ad Agencies Focus New Business Efforts on Their “Sweet Spot”

May 5, 2011

New business targeting is about finding an agency’s sweet spot. Deciding on the most fruitful audience that match your agency’s core competencies and wastes the least amount of your agency’s energy and resources to win.

The sweet spot is that part of the club, bat, tennis racket, etc. that wastes the least amount of energy when it collides with the ball.

Too many agencies fall into the trap of pursuing any prospective client with a budget. Most are not a good fit for the agency.  I think that is the primary reason why 53% of advertisers are dissatisfied with their agencies and the average agency-client relationship is now two years.

If your agency will go after anything and everything you are playing a numbers game. You might get lucky and win a few but you wont be building your brand. Also, when it’s not a good match, you, your staff and most likely your new client are going to end up miserable.

Think about these 10 advantages for focusing new business on your agency’s sweet spot: 

  1. Properly brand/position your agency for success with surprisingly little effort. Most agencies are in a perpetual state of re-branding their agency and redesigning their agency’s website. They can’t ever turn the corner to get them done. Focusing on your sweet spot simplifies the process.
  2. You are able to clearly articulate how your agency is different from the rest. I recently asked agencies to share how they are different from the rest, from the 243 responses, I would say that this is a major problem for most agencies.
  3. More easily build awareness among the best prospects for your agency. Your agency is just a tiny dot in the ocean when you have no target audience. You wont be on anyone’s radar.
  4. With a narrower focus you have the ability to become a respected expert and thought leader in your field. There is no credibility when your agency claims expertise in dozens of industry verticals or disciplines.
  5. Acquire new business with the least amount of wasted agency energy and resources.You know where your agency needs to have a presence. What trade shows, conferences to attend, sponsor or speak at. Your new business budget becomes more strategic and you can better harness the creative prowess of your agency when it is needed.
  6. A much better defined set of criteria for identifying the right prospective clients. Creating a top 25 list of prospects is an easy thing to do and makes building relationships with those prospects easier.
  7. Less strike-outs and a stronger win ratio for new business, because your agency is matched up with its core strengths.
  8. A much broader geographical market area. Most small to midsize agencies have gained new business through referrals and personal networks. Focus on your agency’s sweet spot helps you to broaden your appeal. With the addition to social media, you can have a global reach. As an example, I am headed to London this week to meet with a new client that came about by way of my social media program.
  9. Fewer competitors, because there will be fewer agencies who do what you do. You can also know who your chief competitors are and better maximize hone positioning and appeal against theirs.
  10. As a specialist you can command premium pricing. The cost for seeing my family physician from the expense of my neurological specialist who performed a spinal fusion on my neck was a huge.  Lewis Communication’s, here in Birmingham, AL, commands premium pricing for its services to academic medical centers.

Instead of having a lukewarm appeal to a broad group of prospects, focusing on your agency’s sweet spot can generate a feverish appeal among prospects that are the best match for what your agency does best.

Here are a few examples of small to midsize agencies with a focus:

  • The Dudnyk agency, Philadelphia, PA, biotech brand specialists.They’ve even employed Dr. Chris Tobias, who has a PhD in neuroscience and directs new business development for their agency.
  • The SONNHALTER agency, Cleveland, OH, is being sought out by manufacturers who want to reach professional tradesmen.
  • Kleber & Associates, Atlanta, GA, focuses on brands that build a better home.
  • Levelwing, Charleston, SC, that are experts in data-driven marketing solutions, particularly in auto aftermarket companies.

Fuel Lines’ Ad Agency Blog of the Month for November 2010

December 9, 2010

The following 30 agency blogs have been submitted for Fuel Lines’ Ad Agency Blog of the Month for November.

Review and vote for your favorite. The winner will be featured in Fuel Lines article and included in the voting for agency blog of the year.

Cast your VOTE by CLICKING HERE

The agency blogs submitted for the month of November:

  1. 5 to 9 Branding, Cameron Christopher Thomas Advertising, Denver, CO
  2. Bill’s B2 Blog, Mintz & Hoke Communications Group, Avon, CT
  3. Blogmaster 2000, mediaRif, Kaysville, UT
  4. Creative Triage, ABZ Design Group, Charlotte, NC
  5. Daily Axioms, Axiom Marketing, Bloomington, MN
  6. Digitally Approved, Fanscape Inc., Los Angeles, CA
  7. Emotivator, Emotive Brand, San Francisco, CA
  8. Energy Efficiency Marketing, Kelliher Samets Volk, Burlington, VT
  9. Engauge Blog, Atlanta, GA
  10. Fluid’s Big Idea Blog, Fluid Studio, Salt Lake City, UT
  11. Kelsey Pulse, Kelsey Advertising & Design, LaGrange, GA
  12. L&S Unscripted, Lawrence & Schiller, Sioux Falls, SD
  13. Marketing OC Blog, MarketingOC, Orange, CA
  14. MediaCom Beyond Advertising, MediaCom, London, UK
  15. Nology, Nology Media, Seattle, WA
  16. Oh no, not another agency blog, Brokaw Inc., Cleveland, OH
  17. Outside Voice, Origin Design + Communications, Whistler, B.C., Canada
  18. Overdrive eMarketing Blog, Overdrive Interactive, Boston, MA
  19. Priority Integrated Marketing Blog, Priority Integrated Marketing, Minneapolis, MN
  20. PubliGestion’s Bloggers’ Block, PubliGestion, Petion-Ville, Haiti
  21. Smart Marketing with Larry Weintraub, Fanscape, Inc., Los Angeles, CA
  22. Sparksheet, Spafax, Toronto, ON, Canada
  23. Spring Blog, Spring Advertising, Vancouver, BC, Canada
  24. The Green Detectives, Enviromedia, Austin, TX
  25. The Lead, Padilla Speer Beardsley, Minneapolis | New York
  26. Third Degree Creative, Third Degree Advertising & Communications, Oklahoma City, OK
  27. The Reach Blog, Reach Marketing, Irving, TX
  28. Trendspottings, NOISE, Milwaukee, WI
  29. We Think. We Can. Blog, Murdoch Marketing, Holland, MI
  30. Welt’s Weekly Smack Down!,Welt Branding, Cincinnati, OH

    Fuel Lines Agency Blog of the Month for October: B2B Ideas @ Work, MLT Creative, Metro Atlanta, GA

    If you would like to submitted your agency’s blog for next month’s vote, send me an email and include:

    • In your email’s subject line – Blog of the Month
    • Blog title:
    • URL:
    • Agency Name:
    • City/State:

    Some additional agency blogging resources:


    Is the Phone Call an Outmoded Communication Tool?

    November 15, 2010

    The debate may have switched from “is cold calling dead” to “is the phone call in general dead” for agency new business.

    A growing number of persons consider phone calls to be interrupting and annoying. The phone call is rapidly fading as a generation of e-mailing, followed by an explosion in texting and social media, has pushed the telephone conversation into serious decline.

    TechCrunch writer, Alexia Tsotsis, recently wrote an insightful article that has been stirring a lot of debate, “The Phone Call is Dead.”

    She writes,

    “Less obsolete but more annoying than a handwritten letter, the phone call is fading as a mode of communication even if the nostalgic will be singing its praises for a while.”

    While Alexia points out that to say something is dead in the tech industry, actually means it’s on the decline, she provides some good points regarding the fall of the call, I’ve also included some of additional data on this topic:

    • We reached a breaking point in 2008 when text messaging topped mobile phone calling in usage, and we’ve been living in a world dominated by text-based communication ever since.
    • According to Nielsen data, voice usage has been dropping in every age group except for those past the of age of 54.
    • 78 percent of teens recognize the functionality and convenience of SMS, considering it easier (22 percent) and faster (20 percent) than voice calls.
    • Voice activity has decreased 14 percent among teens, who average 646 minutes talking on the phone per month.
    • Interest in voice calling is now sharply differentiated by age, and few technological advancements have ever survived while failing to capture the interest of 22 year olds.
    • The fall of the call is driven by 18 to 34-year-olds, whose average monthly voice minutes have plunged from about 1,200 to 900 in the past two years, research by Nielsen shows.
    • iPhone users (and to greater extent smartphone users in general) are not primarily using our phones to make calls.
    • We now have access to a plethora of free, internet-based calling options like Google Voice.
    • Not only are people making fewer calls, but they are also having shorter conversations when they do call. The average length of a cell phone call has dropped from 2.38 minutes in 1993 to 1.81 minutes in 2009, according to industry data.
    • Between 2005 and 2009, as the number of minutes people spent talking on cell phones inched up, the number of cellphone messages containing text or multimedia content ballooned by 1,840 percent.
    • Cellphone industry group CTIA saw text messaging double from June 2008 to June 2009, when Americans sent a staggering 135.2 billion text messages, and its data backs up the idea that voice is declining.
    • Land lines are disappearing. Verizon, the country’s second-largest land line carrier after AT&T, says its hard-wired phone connections have dropped from 50 million in 2005 to 31 million this year.

    “The fundamental way we people communicate is just about to change again,” said Delly Tamer, CEO of Letstalk, which sells a variety of cellphones. “We humans will now start to rely less on our mouths and more on our heads and our fingers.”

    Alexia Tsotsis, is LA Weekly’s internet culture reporter, and then as SF Weekly’s web editor. Before she joined TechCrunch, she ran the SFweekly.com website while staying on top of memes, the tech scene, and human behavior in the digital age. Read here entire article: “The Phone Call is Dead.”


    5 Ways Social Media Can Make Ad Agency New Business Easier Not Harder

    November 9, 2010

    You need to look at social media as a savior not a nemesis, an asset rather than a liability and time saver rather than time killer for ad agency new business.

    Agencies were reluctant to participate as social media was becoming mainstream because they saw it as a major commitment of their time without much value to show in return. A lot of negative perceptions of social media has been changed. But I don’t believe the majority of agencies have yet to appreciate the huge benefit that social media can actually make new business easier.

    Here are my 5 ways social media makes agency new business easier:

    1. Social media allows agencies to define and adopt a more differentiating new business strategy than they were ever comfortable doing before.

    “Just thought I would let you know. We are participating in a pitch tomorrow for another national account. This opportunity is 100% related to our agency’s new positioning through our blog, She-conomy: A guy’s guide to marketing to women” – Stephanie Holland, president, Holland + Holland Advertising

    Holland + Holland advertising, through their blog She-conomy, has now been invited to 3 national pitches as a result of their differentiating positioning. Nothing like this has ever happened before in their 25 year history. They even had trouble with local press coverage of their anniversary but through social media they have been recognized by Forbes, The Wall Street Journal and NPR radio.

    Stephanie had never been comfortable stepping out with this positioning prior to social media. She was like other agency principals who felt that she would be missing opportunities.

    2. Social media provides a systematic way to create intellectual capital and share your area of expertise. It is the best customized continuing education program for your professional enrichment, keeping you ahead of the learning curve and positioning as a thought leader. Plus, it pays for you to go back to school. It pays in new business while you focus on being better.

    “We just landed a significant project with Coca-Cola purely through our sustainable marketing niche. The best compliment we could receive was when they said our price was waaaay more than the next bid, but given our background in green marketing and sustainability, that it was worth the extra investment. Finally, a value over price purchase. Love it”Park Howell, president of Park & CO

    Specialists are respected and they tend to make a lot more money.

    3. Social media eliminates the need for cold calling. I’m a cold caller from way back. I’ve had excellent success. But times are changing rapidly. Cold calling isn’t what it use to be and not a very efficient or effective method for your agency’s new business. You make dozens of calls to find the right prospect and the right time but you still have to go through the dating process.

    Social media allows for you to build prospective client relationships faster than cold calling. People have a natural tendency to want to work with other people that they know, trust and like.

    In my 4 years as a consultant I’ve yet to make the first cold call for any business. My clients all made contact with me when they were ready for business and our initial conversation was much advanced than an initial cold call. They talk to me as if they know me because they do. The “dating process” that is associated with cold calling is totally eliminated.

    Social media provides a greater return on your time investment.

    4. Your agency’s market can greatly increase through social media. Small to midsize ad agencies can affordably build a national awareness.

    Prior to using social media for new business, The Russo Group, Lafayette, LA, 94% of their new business came from within their market. Since implementing social media, 94% of their new business has been generated outside their market and extended new business opportunities from coast to coast.

    Why would a prospective client, outside of your market, want to work with your agency? Give them a reason.

    “Kudos to all! Our social program is generating leads and business from around the world. Earlier this year got a client out of Australia and currently talking to a company in Japan that follows me on twitter” – John Sonnhalter, CEO, SONNHALTER

    5. Utilizing social media can help you to be more consistent for new business. You can keep your prospective pipeline full even when your agency is busy with client work or you are away.

    At the beginning of the summer, while my wife and I were vacationing in Key West, I wrote a post and published it along with a photo while on the beach. I wrote, “Vacationing with Social Media and Still Generating Ad Agency New Business,” to illustrate how social media can keep your new business pipeline full even when are away.

    Social media is like networking on steroids and just takes a little effort to keep it working on your behalf.

    • My blog provides content that is optimized for search to a very specific target audience. I easily dominate certain search words. Over 600 older post continue to generate traffic long after they have been written.
    • I utilize blog posts for my email newsletter that takes literally 15 minutes to produce and send. I also repurpose content using some third-party Twitter tools that automate the process.
    • Through Facebook, family, friends and followers stay connected no matter where I am. It takes only minutes to update my status, connect with others, share location, photos, etc..

    With very little effort I can create, maintain and grow touch points through social media networks and all I’ve had to do is read and write.


    5 Reasons to Celebrate Ad Agency New Business Wins

    November 2, 2010

    As an agency owner, it’s important for to be sure that you celebrate new business successes.

    New business is tough. Especially in this economy. Life in the trenches for new business is nonstop hard work and often goes unnoticed. For the well-being of your new business team, it is important to stop, take the time to celebrate each new business victory.

    Here are 5 reasons to celebrate your agency’s new business wins:

    1. It highlights the importance of new business keeps your agency focused on it for the future. Reminding the staff that it is the lifeblood for your agency is a good thing.
    2. It creates buy into your agency’s new business process. To be consistent the new business pipeline needs to be a well oiled machine. A process that creates a consistent flow of new business for your agency. One that be measured, tweaked and honed.
    3. It provides an opportunity to recognize everyone who contributed to the effort. A lot of times the staff doesn’t realize who was responsible for the initial lead, which could have come from your agency’s receptionist or an intern.
    4. It breeds a positive attitude among the staff and creates excitement about the agency.
    5. It builds a reputation that your agency is on a hot streak and draws the attention of other prospective clients. There a natural curiosity that comes to those who break out of the pack of from among their competitors.

    As communication’s specialists we often are poor with our own internal communications. So, I thought I would pass on some ways communicate wins so that you staff isn’t hearing about new business just around the “water-cooler.”

    • Have a celebration with the entire agency.
    • Provide a monetary payment to the staff member who provided the initial referral.
    • Build buzz with a press release. Include “appropriate” photos from the celebration.
    • I shouldn’t have to say it but, don’t overlook communicating new business wins through your agency’s newsletter.
    • Your website is the place where your agency’s credentials and capabilities should live. Be sure to include your new business wins here as well.

    If you would like to share some of your agency’s new business wins, please feel free to do so in the comment section below.

    Some additional articles that may be of interest:


    5 Steps to Improve Your Ad Agency’s Blog for New Business

    September 7, 2010

    Tim Volk, President of Kelliher Samets Vok

    An agency blog that is a repository of helpful content can effectively attract a large number of prospective clients.

    Here are 5 simple steps and suggestions to improve your agency’s blog as a major tool for fueling new business leads:

    1. Creating

    Each new blog post is a new opportunity for you to be found online by your best prospects. Some quick suggestions:

    • Write to a specific target audience and provide answers to their advertising/marketing challenges.
    • Write consistently: is important to creating regular readership. Write at least 3 to 5 posts per week.
    • Post should average 350 to 450 words and be pleasantly scannable to the eye. Break up long paragraphs, use bullet/numbered list when possible. Highlight key words and thoughts.
    • Write in the inverted pyramid style, lead with your conclusion. People read differently online than they do for print. They tend to scan much more.
    • Identify and consistently use key words in your post title. You want to be able to dominate these words in Google search.
    • Let your reading fuel your writing.
    • Write 1 original post to every 4 to 5 resource posts. You’ll never be considered a thought leader without original content but you wont generate much traffic if all of your content is just your original thought. A balance of both needs to be provided through your blog.
    • Write with an “evergreen” style that will have a long shelf-life and provide a great return on your time investment.
    • Provide the “Readers Digest” version for your writers. Do the work on behalf of your readers and pull out the nuggets in simple language that is concise and easy to read.

    2. Optimizing

    • Carefully think through your blog’s heading. A “heading” is a stand-alone phrase that describes your blogs content that appear below it. I usually advise clients to create a blog descriptor statement for the header that lets a reader and search engines know the purpose and intent of the content. Mine is “Fueling ad agency new business through social media.”
    • Be sure you own your domain. A person that still has “wordpress or blogspot” in their domain wont be able to change blogging platforms without losing traffic.
    • Be sure your site is indexed with Google. If your pages are not indexed, then Google is not crawling them.
    • Build quality inbound links.There are lots of online business directories where you can just submit your URL, agency’s name and a description of your services. There are also many social media sites where you can simply build links to your site. Writing guest articles and posts and optimized our press releases can build links. The best way however, is to produce valued content and create a blog that is a repository of helpful information for your target audience.

    3.  Promoting

    • Make sure your content can be easily shared on Facebook, Twitter, Linked, as well as social bookmarking sites such as Digg, dell.icio.us and StumbleUpon with Share buttons.
    • Jumpstart traffic by repurposing your blog’s content through an email newsletter that is sent every-other-week. This is an easy way thing to do. Since you already have the content and can create an email template that is reused, it will take literally minutes to prepare the newsletter and send.
    • Build a sizable Twitter following that is targeted using TweetAdder and repurpose your blog content to your Twitter account using a program such as Social Oomph.
    • Write guest post, invite others to guest post for your blog.
    • Comment on other blog post and online articles, sites such as Ad Age, ADWEEK, etc. Select that sites that are frequented by your target audience.
    • Write content for search-ability.
    • Publish new blog content to your other social media accounts such as Facebook and LinkedIn.
    • Conduct your own primary research using your blog generate links and traffic through press releases using PRWeb or PRNewswire.
    • Be proactive in facilitating speaking opportunities by creating a Speakers Page for your blog, list the topics and titles that you can speak to. You can also provide links to your past speaking engagements through YouTube, post photos through your Flickr Photostream.
    • Pull blog content together, expand SEO opportunities, creating Slideshare Presentations, Whitepapers, etc.

    4. Converting

    All of this activity isn’t worth the time investment if it doesn’t turn visitors into leads.

    • Place your RSS Subscription Feed button above the fold, near the top of you blog’s homepage. Visitors who subscribe will automatically receive updates every time you publish a new post either through an RSS Reader or through their email Inbox. I would suggest setting up an RSS feed through Feedburner.
    • Also place a subscription for your email newsletter within your blog’s sidebar to create Opt-Ins from site visitors.

    5. Measuring

    If you can’t measure it, you can’t improve it. Fortunately you can measure a lot online and continually hone your program.

    • Review your blog site’s analytics daily to see what posts are generating the most traffic, what search terms are being used, where traffic is coming from, who is linking to you, links readers clicked on, page views, etc.
    • Utilize your email newsletter analytics to improve open and click-through rates. Test the day of the week your email newsletter is sent, time-of-day and subject line copy.
    • Create a first-step call-to-action for your readers to know how to initially engage you. This could be something similar to my New Business | Social Media Workshop. Make it something simple and of value that doesn’t take a lot of consideration but does separate to qualified prospects from those that just want to glean what they can from you for free.
    • Use tools this suite of tools to analyze your marketing efforts:

    Some additional agency blogging resources:

    Share


    Has Your Agency Generated New Business Through Social Media?

    July 26, 2010

    Tried and true best practices and tips can accelerate your agency’s success with social media and keep it ahead of the competition.

    Having a clear objective from the get-go is important. I would suggest that you use social media as a big part of your agency’s new business program. Social media can provide a sustainable, affordable and focused program for networking and lead generation and  also a great return on the time invested.

    I recently received this note from an ad agency president that has differentiated his agency using social media,

    “We just landed a significant project with Coca-Cola purely through our sustainable marketing niche. The best compliment we could receive was when they said our price was waaaay more than the next bid, but given our background in green marketing and sustainability, that it was worth the extra investment. Finally, a value over price purchase. Love it.”

    To be successful with social media for your agency’s new business, here are 6 tips:

    1. Identify and address a specific target audience. Face it, most agencies are afraid to put their stake in the ground and even identify who their target audience. You would never recommend a marketing campaign for a client without first identifying who they are trying to reach.
    2. Lead content and conversations with benefits. Social media helps agencies to talk in a new way. To discard the past agency speak for a language the resonates with their audience. That is focused on what are the benefits for them. “You Can Only Get What You Want, If You Help Enough Other People Get What They Want” – Zig Ziglar.
    3. Differentiate from your competitors. You wont win any significant business by showcasing how you match up with the rest of the agencies. You must unlevel the playing field. Set yourself apart. What would give a company reason to fly over hundreds of other agencies, across a number of states, to do business with your agency? Social media provides a great opportunity to for your agency to stand out.
    4. Become a specialist instead of a generalist. Our world is becoming more and more specialized. I had to have surgery a few years ago. My personal physician recommended a neurosurgeon practicing at our suburban hospital. My choice was one of the leading neurosurgeon in the country who happened head up the department of neurosurgery at an academic medical center less than 30 miles from my home. A CMO’s job could be very well on-the-line with the choice of an agency. If I were in their position, I would be choosing a specialist rather than a generalist. Wouldn’t you?
    5. Create appeal. One of the great benefits for using social media for new business is the instant feedback from your audience. It allows you to easily test your message an hone your appeal.
    6. Earn positioning as a “thought leader.” In less than 3 years, social media has created an international awareness for my personal brand among my best target audience. I have clients from coast to coast, so far this year I spoken in over 43 cities, traveled over 43,000 miles, recognition from some of our national trade publications and advertising associations. All of it through social media. What has worked for me and can also work for you and position you as a thought leader to your prospective client audience.

    Some additional tips and best practices for using social media for your agency’s new business:

     


    10 Tips for Creating an Ad Agency Blog for New Business

    June 28, 2010

    The following 10 tips are my suggestions for creating an ad agency new blog with the objective of generating inbound new business leads while simultaneously building social media capabilities and credibility:

    1.  I recommend that you do not incorporate your blog into your agency’s website

    Online inbound lead generation is like fishing. You should fish for a particular fish (your target audience) with a particular bait (an appealing positioning that differentiates your agency from the rest) and do your fishing away from the boat (the agency’s website) so that you don’t scare away the fish.

    Some additional reasons to allow you agency’s blog to reside apart from the website:

    • Most agency blogs look too corporate and less personal.
    • If  tied into your agency’s website and branding, is constricted and has little room to breathe and grow.
    • A blog can and should have a much narrower focus that speaks to a specific target audience. You can think more narrowly without the risk.

    Your agency’s website is more like an online brochure, the place where capabilities, credentials and client work resides. It’s okay for your agency’s Website to show its diversity of clients but a blog has to have a specific target audience.

    2. The agency’s blog should be reflective of its owners

    You have to remember that social media is about people. Be the face of the agency and don’t hide behind a veil. For instance, if your agency’s Twitter account is the agency and the avatar is the agency’s logo, how does a person know who they are speaking to? It makes it awkward if you are not leading your social media with people.

    Your agency needs a face and for most small to mid-sized agencies, that face needs to be the agency principal(s).

    The agency’s  principals are the least likely to leave the agency.  If you lose a staff member who you’ve allowed to be the face of the agency through social media, you lose a lot of equity, your audience and you must start the process all over again.

    3. Keep the design simple

    I know an agency that took 5 months just to design their blog’s header. The more people you involve in this process the more chance you will have a bottle neck that slows down the process.

    Keep the design simple and highlight the content. The content is the fuel for using social media as a lead generation program.

    I would even suggest utilizing WordPress, TypePad, Blogger blog platforms to keep the process as simple as possible. My favorite is WordPress. You can create a blog in minutes rather than days, weeks or months. It will be a constantly evolving process and its important that you keep the process moving.

    You have to stay razor focused delivering valuable content to your audience.

    A great example is Edward Boches’s blog, creativity_unbound. Edward is the chief creative office for the Mullen agency. With an arsenal of resources available to him, he has kept his blog’s design simplistic, easy to navigate and consistently provides excellent content that has positioned him as a thought leader.

    4. Make your target audience crystal clear

    I write specifically to small to mid-size agency principals. She-conomy’s audience is male advertisers who should be marketing to women, Blue Collar Branding has a focus on marketers of manufacturers who want to reach blue-collar workers.

    For your blog to be successful, keep you target audience in mind. Make your blog a repository of helpful resources they would consider of value. You don’t want traffic for numbers sake, you want targeted traffic.

    Being focused-in on a targeted audience will enhance your blog’s SEO, also drawing targeted traffic from other social media platforms such as Twitter, Facebook and LinkedIn.

    5. Before you begin to write learn to listen

    Some to-dos:

    • Spend time building your online community and network. This will require a significant time investment in the beginning but once created it is much easier to maintain.
    • If you want to receive learn to give. Be a help to others and they will in turn be helpful to you.
    • You will have ambassadors, be kind and express your appreciation.
    • Look for opportunities to engage your prospects. This is networking on steroids. Social media provides you with the capability of being in dozens of places, networking with a much greater number of people than you could ever do offline. There are no geographical limitations and you can network literally from anywhere you have internet access. But you must be a participant.

    Listen to your readers. Your blog’s analytics will help you to fine tune your writing to make it more appealing. Your readers are the judge and jury of the content you post. Always look to your readers to provide you with direction for your writing, what they care about and respond to.

    6. Write Concisely

    People read online differently than they do print. They usually don’t read word-for-word, they tend to scan.

    Nielsen Norman Group ’s research found that 79 percent of their test users always scanned any new page they came across; only 16 percent read word-by-word.

    Make your posts scannable by:

    • Always lead with the conclusion. Use the inverted pyramid style of writing. The very first sentence in your post should be the “takeaway or benefits statement.” Answer the question, what will be my takeaway if I commit to read this post?
    • Being brief, give your readers the Readers Digest version, the executive summary. Do the work on their behalf
    • Divide up long copy into shorter paragraphs
    • Use bullet points or numbered lists
    • Use compelling subheads, quotations, bold, italics, etc,  so readers can scan for the information they need

    7. Jump start traffic to your blog to accelerate lead generation

    “Build it and they will come,” is not the answer to generate traffic to your agency’s blog. You must employ proactive tactics to create awareness and interest among prospective clients. The more traffic that you can generate, from among your target audience, the more inbound new business leads that will follow.

    You can create a great return on your time investment by repurposing your content. Two good ways to build initial traffic quickly is to repurpose your blog’s content through Twitter and an email newsletter.

    Don’t make assume that just because you’ve written it, everyone has read it. You are better off assuming they haven’t.

    My newsletter is emailed every other week to a data base of over 10,000 email addresses. The copy for  the newsletter comes from my blog posts. It takes literally 10 to 15 minutes to create and send. That allows it to be maintainable even when I’m at my busiest.

    A program called SocialOomph allows me to automate repurposing blog content to my Twitter accounts. I actually have a media schedule for Twitter. Another helpful program is TweetAdder, which will quickly build a targeted Twitter following.

    Here are some other tips to help generate traffic to your blog:

    • Publish posts frequently. I would encourage you to post at least 3 times and preferably 5 times per week.
    • Write evergreen for your posts to have a long shelf life and a good return for your time investment.
    • Syndicate your new posts to Twitter, Facebook and LinkedIn.
    • Add your blog link to your email signature.
    • Add  a Share Button at the bottom of your posts to allow them to be easily promoted by others to through their personal networks.
    • Provide subscription options for your blog such as through email or an RSS Feed such a Feedburner.
    • Identify key words you want to dominate in Google search and consistently use them in your posts titles.
    • One thing to not do that will impact traffic. Don’t sell! The moment you start to sell on your blog is when you will most likely LOSE your audience.
    • Don’t forget SEO. Identify the key words you want to dominate and consistently use them in your posts titles to accelerate your rankings in search engines such as Google.

    8. Fueling blog post ideas

    Please remember this, your reading will fuel your writing. The key is to find the online sources that inspire great content. A huge time saver for your reading is to use an RSS Reader. My suggestion would be to sign up for Google Reader.  Instead of you constantly having to search for resources, Google Reader will flow it all to you and allow you to scan and organize hundreds of sources daily with little time and effort.  It is very efficient.

    Because I know who my target audience is, I have identified the categories that I’m going to write to, coming up with blog posts ideas is not difficult. From my experience, the narrower your focus the easier it is to find things to write about.

    9. Be focused and consistent

    It is as simple as planning the work and following the plan.

    1. I follow a daily ritual to keep me on track and consistent. I start every day with my strategic reading. My homepage in FireFox is my Google Reader. I open it before I check email. Because if I open the first email, my day is usually done.
    2. I start out each day knowing who is my target audience.
    3. I write consistently to the stated purpose of my blog which is, “fueling ad agency new business through social media.”
    4. I find lots of resources that isn’t specific to my target audience but I make it irrelevant. I do the work on their behalf.
    5. I do my best to follow a regular posting schedule of 4 to 5 posts per week.
    6. I usually write 1 original blog post for every 4 to 5 resource posts which is taken from other online resources. My blog becomes a repository for everything related to agency new business.

    10. To keep up you must have the right mindset

    One of the main reasons agency principals haven’t been as inclined to participate in social media is that they are already over extended with little time for anything additional in their professional or personal lives.

    When they make time to participate and understand social, is when they’ve finally relented,  it isn’t going to go away. What will make the social media pill easier to swallow is the understanding the multiplicity of benefits it provides:

    • I’ve helped to create over 60 agency blogs and have found it to be a great agency branding tool. A lot of agencies are in a perpetual state of branding their agency. A blog helps them to answer the tough questions and provides a way to be more narrowly focused without throwing the baby out with the bath water.
    • A blog is worth doing if only for this one big benefit, professional enrichment. It provides a system for you to stay ahead of the learning curve in communications technologies and in front of where your clients and prospective clients. A position of leadership. Thought leadership.
    • The interaction with your prospects provides you with rich, priceless info. If you really want to know what your prospective clients obstacles are and become a thought leader, then write a blog.
    • The old saying is true, “you don’t know what you know until you write it down.” Writing a blog will help you become a much better communicator.
    • Learn to create a strong appeal for your agency. A blog will help you to stop using agency speak and speak in a language that resonance with your target audience. It will teach you how to generate an appealing message.

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    Can you describe your ad agency’s positioning in 30 seconds?

    June 11, 2010

    The starting point for any ad agency new business program is positioning. It is a fundamental prerequisite for small and midsize agencies. But it is also the place where most agencies where most fail. Positioning is everything.

    “The common failing among agencies seeking new business is the inability, or unwillingness, to name what they stand for” Bob Lundin, Agency search consultancy Jones Lundin Beals

    Brand coach Josh says, “If you can’t say why your [agency] brand is both different and compelling in a few words, don’t fix your statement, fix your [agency] company.”

    Can you define your agency’s positioning in a simple statement? I can’t begin to tell you how many agencies I know struggle with this.

    Advertising agencies and other marketing firms must do for themselves what they do for their clients – this SlideShare presentation, Agency Brand Thyself, provides an excellent overview of agency positioning based on the work of Ignition’s Tim Williams as outlined in his book “Take a Stand for Your Brand: Building a Great Agency Brand from the Inside Out.”

    Advertising agencies need positioning because prospective clients have lots of choices—and if you don’t stand out, you are going to struggle with new business.

    10 Things a Clear Positioning Provides for Your Ad Agency:

    1. An increase in your agency’s relevance
    2. A direction for how your agency spends its time, money and resources
    3. An understanding on the types of persons to hire
    4. A better new business win ratio
    5. A strong appeal to a select group of prospects
    6. Prospects that line up with your agency’s core strengths, what you do best
    7. A broader market area
    8. Fewer competitors, because there will be fewer firms who do what you do
    9. Have prospects seek out your agency
    10. Better margins, because well-focused agencies command premium pricing

    Follow Tim Williams on Twitter. I would also encourage you to read Tim’s book Take a Stand for Your Brand

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    5 reasons ad agencies continue to have problems understanding social media

    June 10, 2010

    I’m not the only one that one that thinks most agencies still don’t get the social media.

    “My personal experience is that most agencies are social media posers. They do not embrace social media for their own agencies yet recommend it for clients.” agency search consultant, Hank Blank, Blank and Associates

    Forrester’s recently projected social media marketing spend to increase at an average of 34% a year through 2014. But Marketers are still finding it difficult to locate the ad agencies that are credible and capable within the social media arena. According to Forrester’s research, marketers don’t trust traditional agencies to run their social media campaigns, but neither do they trust  interactive agencies their entire marketing program to smaller interactive agencies. Marketers find it difficult to find credible and capable ad agencies experienced in the social media arena.

    In 2009 more agencies had surrendered and started participating in social media. But they left their marketing minds on the bank when they jumped into the water. A lot of agencies don’t have a clear objective for using social media and it almost seems like they have a check list to check off to show they are social media credible. We have a agency blog, Twitter account, Facebook Fan page and LinkedIn. They fail to connect the dots to make social an effective tool for new business.

    Here are 5 reasons why ad agencies continue to have problems with understanding social media:

    1.  Thinking you MUST use social media the way the early adopters intended

    Social media was not invented for marketing purposes. The purists are quick to reprimand efforts to use social media to generate  business. But as social media consultant Jason Falls, in his post, “Why Social Media Purists Wont Last” said, “a conversation never paid the damn electric bill!” For agencies and clients to benefit, we must be able to monetize social media or it is a tremendous waste of our valuable time.

    Social media can be a great tool for ad agency new business. It is more efficient use of time, allowing you to network with more people than you ever could in person, without geographical limitations (just as I’m doing now from my office above my garage in a small suburban town outside of Birmingham) and affordably.

    Your niche plus social media can propel your agency to the head of the line, generate a strong appeal to a particular target audience but only if you willing to participate and press the envelope for how it can be used for your agency’s new business.

    2. A mindset of income first (and your prospective clients aren’t dumb, they can sense it)

    This may sound like a contradiction to the first reason. Many agency principals are too anxious to sell. We must be able to monetize social media, but many agencies still are talking capabilities and credentials and aren’t leading conversations with benefits. You have to create a genuine value for prospective clients if you are going to have appeal.

    My very first position as new business director for an ad agency, the agency’s co-owner and I were having lunch. I’ll never forget him telling me this, ”When I’m sitting across from a prospective client, I’m constantly thinking, MY money is in YOUR pocket. How do I get MY money out of YOUR pocket into MINE.”

    No matter how veiled his motive was, prospective clients could always sensed it and that made new business harder.

    Here’s my philosophy, “the key to successfully building an online community is to genuinely care about the people you want to reach.”

    Just like in our offline networks and referrals, it’s relationships first. People want to work with other people that they know, trust and like.

    3. No social media strategy

    Agencies create a blog to “check it off their social media to do list.” But these blogs have no guiding strategy, no focus, few comments and NO TRAFFIC. The content you find on many agency blogs is a lot of self-promotional posts of little interest or value to a prospective client.

    “Agencies are going about their social media strategy bass-ackward. They are selecting the most popular to-date, social communications technologies instead of focusing on what they want to accomplish.”

    The first step in creating a social media strategy for your agency, you MUST have an objective (I suggest new business) and secondly identify who you are trying to reach.

    A helpful resource to get you started is the POST Method. POST is one of the most effective acronyms since the four P’s of marketing. It’s a four-step approach that helps marketers define a social media marketing plan for their business and/or clients. It is highlighted in Josh Bernoff’s Groundswell blog post, The POST Method: A systematic approach to social strategy. The POST Method serves as a guide to help you determine the right strategy for the right audience.

    4. Waiting  passively for prospects to find them

    I have a consistent SEO strategy but still generate most traffic to my blog repurposing my blog posts through Twitter and a bi-weekly eNewsletter. I don’t passively wait for traffic. I’ve been proactive in reaching out into a number of online communities where my target audience resides.

    “Syndicate your blog content to strategic, high-traffic social sites like your Facebook page, Twitter, LinkedIn, YouTube and iTunes so you can attract new prospects and bring them back to your home base with opportunities for conversion.  Most people miss this easy opportunity to boost visibility and get a lot more traffic.”    Denise Wakeman, online marketing advisor, co-founder of The Blog Squad

    Some additional “proactive” traffic building tips:

    • Comment on other blogs.
    • Consistently write valued content and post frequently.
    • Submit your blog to directories
    • Include your blog’s URL in your email signature, link from your Website and all your off-line literature such as business. cards, letterheads and brochures.
    • Build a targeted Twitter following.
    • Automatically publish new posts to your Facebook and LinkedIn accounts.
    • Encourage comments and interaction.
    • Don’t forget SEO. Identify the key words that you want to dominate in search. Be consistent in using key words in your posts titles.
    • Develop relationships with other bloggers but don’t be selfish.
    • Check your blog’s analytics often to make adjustments to your writing.
    • Make your blog mobile friendly.

    5. Lack of appreciation for those that are helping promote you

    There are scores of people that are willing to be of help to you online but they’ll be quickly turned off if you don’t show appreciation. Your agency’s credibility rests upon what others are saying about you. Be sure to show your love to those who go out of their way to promote your services. Also be willing to reciprocate.

    “You can have everything in life that you want if you just give enough other people what they want.” — Zig Ziglar

    Additional articles that may be of interest:

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    Let Hemingway improve your writing for ad agency new business

    June 9, 2010

    A great resource for content marketing, social media marketing and agency new business is Ernest Hemingway, one of my favorite authors.

    Hemingway, is among the most famous American novelists, short-story writers and essayists, who won both the Nobel and Pulitzer prizes.  No doubt he would have easily adapted to write for Web and word limiting platforms such as Twitter.

    Hemingway  pioneered a new style of writing, simple clear, direct and unadorned. His style is very helpful for content marketing and writing for social media.

    Content marketing is a means of achieving a position of  thought leader and lead generation. Creating relevant and valuable content to attract, acquire, and engage a clearly defined target audience – with the objective of generating agency new business.

    Social media didn’t create content marketing, but it’s an incredible tool for getting it easily circulated to a large audience.

    The two combined can greatly increase inbound lead generation and networking opportunities. But I’ve found that a lot of agency principal’s struggle with generating content and writing for the Web.

    People read online differently than they do in print. Most people tend to have short attention spans and are constantly scanning rather than reading word-for-word. They are more comfortable and accustom writing for print. Hemingway can help.

    Ernest Miller Hemingway was 18 years old when he walked into the newsroom of The Kansas City Star and began his writing career. He was given a copy of “The Star Copy Style’” sheet, a single, galley-sized page, which contained the 110 rules governing Star prose.

    Hemingway would always remember the style sheet and its core admonition: “Use short sentences. Use short first paragraphs. Use vigorous English. Be positive, not negative.”

    At the core of the style sheet that greatly influenced Hemingway’s writings are these four simple rules for writing well:

    1. Use short sentences. Don’t waste time and words, get straight to the point. Perhaps his finest demonstration of short sentence skill was when he was challenged to tell an entire story in only 6 words: For sale: baby shoes, never used. Just write the truest sentence that you know.
    2. Use short opening first paragraphs.
    3. Use vigorous English. “Vigorous English is muscular, forceful, it comes from passion, focus and intention” – David Garfinkel
    4. Be positive, not negative. Say what something is rather than what it isn’t. For example, instead of saying “inexpensive,” say “economical.”

    “Those were the best rules I ever learned for the business of writing,” Hemingway said in 1940. “I’ve never forgotten them. No man with any talent, who feels and writes truly about the thing he is trying to say, can fail to write well if he abides with them.”

    I’ve printed out, read and re-read often the Kansas City Star Style Sheet.  I hope that it will be a helpful resource too you.

    Here are some memorable Hemingway quotes on writing:

    • All my life I’ve looked at words as though I were seeing them for the first time.
    • I like to listen. I have learned a great deal from listening carefully. Most people never listen.
    • I never had to choose a subject – my subject rather chose me.
    • If a writer knows enough about what he is writing about, he may omit things that he knows. The dignity of movement of an iceberg is due to only one ninth of it being above water.
    • My aim is to put down on paper what I see and what I feel in the best and simplest way.
    • The shortest answer is doing the thing.
    • There is no rule on how to write. Sometimes it comes easily and perfectly; sometimes it’s like drilling rock and then blasting it out with charges.
    • There is nothing to writing. All you do is sit down at a typewriter and bleed.
    • Develop a built-in bullshit detector.

    A quote from Hemingway that every agency should adhere to for new business, “Never mistake motion for action”.

    Photos from my recent trip to Hemingway’s home in Key West.


    Ad Agencies: What has social media done for you?

    June 3, 2010

    How can an agency help a client monetize their social media when they don’t have a handle on how to use it for itself? As more-and-more agencies jump on the social media band-wagon, clients are beginning to ask them, “what has social media done for you?”

    Gone are the days when an agency can get by “talking the talk but not walking the walk.” Clients will be able to discern between the agencies that truly get social media from the ones that don’t with just a few clicks of their mouse.

    That said, does your agency have a social media strategy or are you winging it?

    100% of our clients are online and all they have to do is take a quick look and they can easily tell that most agencies have no plan with regards to social media. Agencies may have a blog, Twitter, Facebook and LinkedIn accounts, but those accounts tend to hide behind the agency name and tend to be blatantly self promotional with little value to an undefinable audience.

    Not only is it clear agencies have no definitive audience (everything to everybody) but there is no integration, no overarching strategy to reach viable goals and objectives.  It’s like most agencies have a “check-list” of social media accounts but no plan to make it all work.

    “Agencies are going about their social media strategy bass-ackward. They are selecting the most popular to-date, social communications technologies instead of focusing on what they want to accomplish.”

    Your purpose should dictate strategy and the tactics used for reaching desired goals. A few common outcomes for your social media marketing efforts should include:

    • Gain insight into your target audience – You can use all the qualitative data you want, but some of the most interesting and helpful market research can be found within the social communities where your prospective clients interact, share information and make recommendations.
    • Link building for traffic and SEO - According to Marketing Sherpa, 80-90% of business to business transactions begin with a search on the web. Creating link-bait and promoting it to social media news and bookmarking sites can attract a slew of links from bloggers that read them. Creating value for the community is not the only rule, creating value and behaving according to formal and unwritten rules is what sustains social media sourced link building.
    • Build brand visibility and authority - You’ve heard it before,“Conversations are happening online about your agency’s brand, with or without you.” You might as well participate and do so in a way that pays close attention to the interests and needs of your prospective clients – providing them with information and interactions that further support your agency’s brand.
    • Connect through content. Almost 95% of recent purchasers said the solution provider they chose “provided them with ample content to help navigate through each stage of the buying process.”   Publishing the right content and making sure it gets found in the right places is a vital component for your new business strategy.

    Start with a plan. I propose that  agencies demonstrate a competency with this new communications channel by using it for effectively for themselves by creating a social media plan with the objective of creating qualified inbound leads. Fuel their new business pipeline in a way that is sustainable when the agency is at its busiest.

    A few agency social media success stories:

    • “We just landed a significant project with Coca-Cola purely through our sustainable marketing niche. The best complement we could receive was when they said our price was waaaay more than the next bid, but given our background in green marketing and sustainability, that it was worth the extra investment. Finally, a value over price purchase. Love it” – Park Howell, president of Park & CO
    • “Just thought I would let you know. We are participating in a pitch tomorrow for another national account. This opportunity is 100% related to our agency’s new positioning through our blog, www.she-conomy.com” – Stephanie Holland, president, Holland + Holland Advertising
    • “Kudos to all! Our social program is generating leads and business from around the world. Earlier this year got a client out of Australia and currently talking to a company in Japan that follows me on twitter” – John Sonnhalter, CEO, SONNHALTER
    • “We have 24 new social media clients since we launched our blog 4 months ago. We also have an opportunity for new business with a national bar-beque chain” – Ron Wheeler, president, Wheeler Advertising
    • We just had a meeting with our second largest client today. They put their account up for review a few weeks ago partly I believe because we are only recommending traditional media and our work was stale and automatic. I used the meeting to interject some of my learning about new and social media. And was able to give very direct answers about the value of a social program to their brand. As he was summarizing his learning from the meeting, our client turned to me and said, “I didn’t realize you knew so much about “virtual media” (his term for social and emerging). I realize we are not using you to your full capacity. Two months ago I woke up scared every morning because I knew our agency was falling further and further behind on social and emerging media. Today I know we are at Mile 50 of a 1000 mile journey, but I wake up each day with a new determination knowing that we are on the right path” (prefers to remain anonymous).

    And a few client social media success stories:

    • StormHoek Wines increased their sales by 400+% after sending wine to bloggers, inviting them to blog about the wine (good, bad or indifferent).
    • Burpee Seeds created a daily relationship with customers through RSS feeds on gardening news, tips and coupons, increasing sales 400%.
    • BlendTec’s Will It Blend videos increased their sales by 500%.

    What has social media done for your agency? Please share your successes in the comment section below.

    Here are some additional helps:


    Copyblogger: Content Marketing for Ad Agency New Business

    May 11, 2010

    Blogging has become a smart strategy to be found by your agency’s best prospects. Everyone has a desire to work with others that they know, like and trust. A blog provides a great way to network and generate new business leads, by plain written words designed to focus on the needs of your readers.

    One of my favorite resources that has helped hone my online writing skills is Copyblogger.  This blog writing resource was founded in January of 2006 by Brian Clark.

    Copyblogger is all about helping you with content strategies and copywriting skills that get traffic, attract links, gain subscribers and sell your agency’s services.

    “Copywriting is one of the most essential elements of effective online marketing. The art and science of copywriting involves strategically writing words that promote a person, product, business, opinion, or idea, with the ultimate intention of having the reader take some form of action.” Brian Clark

    I hope you find this resource as helpful as I have. These are my favorite 10 Copyblogger articles:

    1. Content Marketing 101: How to Build Your Business With Content
    2. The 8 Habits of Highly Effective Bloggers
    3. Five Areas to Focus On for Effective SEO Copywriting
    4. 10 Secrets to More Magnetic Copy
    5. The Eminem Guide to Becoming a Writing and Marketing Machine
    6. The 7 Deadly Sins of Blogging
    7. How to Write an Article in 20 Minutes
    8. Ernest Hemingway’s Top 5 Tips For Writing Well
    9. Ten Timeless Persuasive Writing Techniques
    10. 10 Steps to Becoming a Better Writer

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    Ad Agency New Business: Know Your Sales Averages

    October 20, 2009

    6a00d83451d49569e2010535dab46d970b-800wi Adam Whittaker is a well-known and highly-respected expert on business development for marketing service firms. He is the Chief Executive of Business development consultancy Reardon Smith Whittaker (RSW). RSW is a leading provider of outbound business development services for marketing service companies in the UK. 30 percent of the ad agencies in the U.K. outsource their business development. That trend is becoming more popular among American agencies fueled by the current recession.

    Guest Post: Adam Whitaker

    New business, business development, agency marketing … call it what you will, it’s sales. Get over it. If you run an ad agency new business unit your role is to sell your agencies services.

    I liken the sales process to the oil business; There is the upstream stuff and the downstream stuff. With the refinery sitting in the middle. The upstream stuff is the down and dirty business of prospecting. You have leads, suspects and prospects and you use the telephone (principally but not exclusively) to move people along the path. Leads are snippets of gossip you hear that lead (hence the name?) you to suspect (hence the name!) that someone may be in the market for what you sell.

    You then get hold of them and, if your suspicions are true, they become a prospect. Your next job is to convert them to a face-to-face meeting so you can discuss their requirement.

    This process can be excruciatingly time consuming and all the tools you need to be able to do this job properly will cost tens of thousands of dollars per year if you’re going to do it properly. Which is why many agencies outsource this upstream activity to new business agencies.

    But NEVER outsource the downstream bit. That’s from the first meeting onwards and you need to concentrate on these guys, which is why ideally the two roles should be divided. They take very different skill sets.

    Here’s how the upstream works. You have your database of 500 suspects and leads. Before calling each one you need to research them to become more up speed with their activities. You then need to access all the trade press and search for their name to make sure they haven’t just appointed someone (that would make you and your agency look very foolish!). You then need to check you have the name of the right person and do a quick Google search on them to try to get some background info to inform your discussion with them. You then need to very quickly check you have all the most relevant case studies to hand and familiarize yourself with the stats to throw into the conversation.

    You then make the call. And they’re on holiday. Repeat.

    Until you speak to someone. On average you’ll need to make ten such preparations and calls before getting to speak to a marketing director. Depending upon how well you have done your research and how hot the lead, your conversion to a meeting and then a pitch opportunity will vary greatly. That’s all the downstream stuff.

    But all that upstream work, as you can see, takes such a lot of time and resource; you really need to determine how best to handle it. You can either get an in-house person, do it yourself or outsource it. But like it or not, unless you’re one of those lucky agencies who have clients queuing up to use them, it does need doing.

    You can do whatever else you like, but there is one truth in truth. The more people you meet, the more business you do.

    Connect with  Adam through Twitter

    Additional guest articles that may be of interest:

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    The Changing Role of Ad Agency Rainmakers

    July 14, 2009

     

    I read an interesting ADWEEK article regarding the “Changing Role of Rainmakers”. Suffice to say that with a major paradigm shift for how ad agency new business is acquired it also significantly impacts the role for those with the responsibility for business development.

    Agency leaders say that the job has become more complex and therefore more difficult to cast. As a result, searches for new business talent takes longer.

    “It’s just such a hard position to fill,” said Michael Zuna, New York managing director at Publicis Groupe’s Saatchi & Saatchi, whose new CMO, Benjamin Bittman, started last week. “The Mad Men-rainmaker days — that doesn’t happen anymore. It’s a tough job.”

    Why? These are some of the reasons given:

    • Because client reviews in recent years have generally become more complicated, given the expanding marketing needs of clients
    • The more common presence of search consultants
    • RFP-driven processes
    • Participation of procurement executives
    • Agencies generally are reinventing themselves for the digital age and how they market that to prospective clients and consultants has changed

    There are not a whole lot of people who have done this job in the past who know how to do it well now,”

    Avi Dan, a former new business executive at Euro RSCG, Berlin Cameron United and Saatchi who’s now president of Darling in New York.

    The agencies mentioned in this article are the large agencies. Large agencies acquire new business differently than small-to mid-size shops. But I have no doubt small to mid-sized agencies new business development must change  as well.

    “With over 50% of client relationships lasting less than two years and the average CMO tenure 27 months, the role of new business at our agencies is more important and a bigger focus than ever.

    Behind the closed doors of every shop there is a person or group of people whose very jobs are to focus on the growth of the agency’s reputation, client base and skill set, not to mention revenue. But do you have the right person(s) in place to successfully carry out your own agency marketing plans? Noelle Weaver, Advertising Age’s Small Agency Diary

    Having a working knowledge of social media isn’t even an option any longer for an agency’s new business director. Social media is having a big impact on how agency’s promote themselves and how they are found online by their prospective client audiences.

    Here are 4 ways social media impacts ad agency new business:

    1. A paradigm shift for how new business is acquired. According to a recent CMO survey, 80% of decision makers say they found the vendor, not the other way around.
    2. SEO is now a critical part of new business strategy. According to Marketing Sherpa, 80-90% of business to business transactions begin with a search on the web.
    3. An agency blog is a necessary component for marketing your agency. As necessary as it was for an agency to have a Website, it is now as relevant for them to have a blog. It becomes the gateway to the agency and puts a face to it.
    4. The growth of new media mandates agencies participation. Social media is now mainstream, your agency’s credibility is suspect if it isn’t walking the walk, not just talking the talk.

    So before hiring someone responsible for your agency’s new business efforts, in addition to the questions regarding their new business expertise, think about asking some additional questions like these. How they answer will tell you what they really know about social media.

    • Do you read blogs?  Which ones?
    • Do you have a personal blog?  What’s it about?
    • What are the social networks do you participate in?
    • Have you ever uploaded a video online?  What program did you use to do it?
    • Besides making phone calls—how else do you use your mobile phone?
    • Have you ever registered a domain name?
    • Do you use social bookmarks or tagging?
    • Do you use a feed reader of some sort?  Which one?  Why?
    • How do you use Twitter?
    • Do you have a Facebook page? LinkedIn?

    What you are looking for is participation, experience and credibility in social media.

    If you need someone to lead your agency’s new business initiatives, I highly recommend (without renumeration)  TalentZoo.com

    Additional articles that may be of interest:

     


    Top 25 Ad Agency New Business Research and White Papers

    November 5, 2008

    Below are the top 25 ad agency new business research and white paper reports for 2008 according to our FUEL LINE readers. Each report is provided as a downloadable PDF.

    2008 Advertising Agency New Business Survey

    Survey: Agency CEOs worried about the economy

    RSW Agency Outlook Survey 2008

    A Client’s Perspective: Economic Survey 2008

     Digital Reality: the Path to Future High Performance in Advertising

    Press Releases: How news is found, tagged, and shared

    Agencies are the hurdle to faster adoption of new/emerging media

    How the Best Agencies Do It: Promotion

    The Intelligent New Business Survey 2007

    Your Agency’s Most Important Client

    Not a Business Development Director, But a Chief Marketing Officer

    RSW Prospecting Pyramid

    The Pitch – What clients want and agencies provide

    Should Category Experience Really Matter?

    New Business Surveys and Reports

    The Agency as a Brand

    Guidelines for the Pursuit of New Business

    Key Questions for Agency Strategic Planning

    Defining the Agency Brand

    RSW New Business Manager Report 2008

    Study: Most Internal Business Development Efforts Fail

    Why Agencies Should Stop Chasing the Rush of New Business

    How the Best Agencies Close More Prospects

    Appealing to Everyone Appeals to No One

    RSW Economic Survey 2008