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	<title>Sponge NB - we mean new business</title>
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		<title>Sponge NB - we mean new business</title>
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		<title>We have no idea how to sell your services.</title>
		<link>http://spongenb.wordpress.com/2011/12/16/we-have-no-idea-how-to-sell-your-services/</link>
		<comments>http://spongenb.wordpress.com/2011/12/16/we-have-no-idea-how-to-sell-your-services/#comments</comments>
		<pubDate>Fri, 16 Dec 2011 12:11:25 +0000</pubDate>
		<dc:creator>spongenb</dc:creator>
				<category><![CDATA[Business Development with a new business agency]]></category>
		<category><![CDATA[business development]]></category>
		<category><![CDATA[cold calling]]></category>
		<category><![CDATA[new business]]></category>
		<category><![CDATA[new business agency]]></category>
		<category><![CDATA[Sponge NB]]></category>
		<category><![CDATA[sponge new business]]></category>
		<category><![CDATA[spongenb.com]]></category>

		<guid isPermaLink="false">http://spongenb.wordpress.com/?p=271</guid>
		<description><![CDATA[Yet. The title should really have been “We have no idea how to sell your services yet”. In fact, very few people have a clue how to do it – least of all new business agencies. If you’re the agency owner then you know how. You might have spent time developing a brilliant in-house new [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=spongenb.wordpress.com&amp;blog=7473376&amp;post=271&amp;subd=spongenb&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p><span style="font-family:Century Gothic;"><em>Yet</em>. The title should really have been “We have no idea how to sell your services yet”. In fact, very few people have a clue how to do it – least of all new business agencies. If you’re the agency owner then you know how. You might have spent time developing a brilliant in-house new business person – they can be pretty good too. It takes time and effort to really understand how to sell a service proposition. At Sponge NB we’ve created a set of processes before we start work that give us a fighting chance of understanding what made your clients choose you. We’re good at it too – our team can’t do what they do without creating the level of enthusiasm for a client’s business that the client has naturally. The most important part of our early work is our briefing day and the relationship we build with our clients. It’s during this time that we learn who our clients are.</span></p>
<p><span style="font-family:Century Gothic;">When we contact a prospect on behalf of our clients, there are things we know. I’m not talking about who our clients’ clients are (though of course we know that), or where our clients are based (we know that too). I mean something less tangible. Something more difficult to explain. A more powerful thing. I’m talking about the reason our clients started their company in the first place, why they find it difficult to find the “just right” people to add to their team, why they are so proud of the things they’ve done, why they’re eager to win and do more amazing things. These aren’t things anyone can learn from a sheet of paper with a few snippets about a client. It’s these things though, that cause our calls and emails to be more effective than most. It’s why we make fewer phone calls than our peers. We don’t care much for ludicrously high call numbers; we care for quality, tenacity, intelligence, research and success.</span></p>
<p><span style="font-family:Century Gothic;">There’s so much more to being a proudly different new business agency than I’ve ever managed to impart on this blog, but if you’re looking for a better way to find new business then call us. Remember though, we have no idea how to sell your services – <em>yet</em>.</span></p>
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		<title>Six nicely designed things</title>
		<link>http://spongenb.wordpress.com/2011/11/23/259/</link>
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		<pubDate>Wed, 23 Nov 2011 11:26:53 +0000</pubDate>
		<dc:creator>spongenb</dc:creator>
				<category><![CDATA[Stuff we like]]></category>
		<category><![CDATA[Design]]></category>
		<category><![CDATA[like-a-bike]]></category>
		<category><![CDATA[Lomo]]></category>
		<category><![CDATA[sleek]]></category>
		<category><![CDATA[yo-yo]]></category>

		<guid isPermaLink="false">http://spongenb.wordpress.com/?p=259</guid>
		<description><![CDATA[We don’t usually write about nice items. I’m usually to be found pontificating about business development. We like to find nice things though and these are some examples of nice things we tripped over online. Yo-yo Steve of Sponge NB was a keen yo-yo enthusiast as a kid, making the regional finals of the Coca-Cola [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=spongenb.wordpress.com&amp;blog=7473376&amp;post=259&amp;subd=spongenb&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p><span style="font-family:Century Gothic;">We don’t usually write about nice items. I’m usually to be found pontificating about business development. We like to find nice things though and these are some examples of nice things we tripped over online.</span></p>
<p><strong><span style="font-family:Century Gothic;">Yo-yo</span></strong></p>
<p><span style="font-family:Century Gothic;">Steve of Sponge NB was a keen yo-yo enthusiast as a kid, making the regional finals of the Coca-Cola competition (remember the branded yo-yos?). yoyoshop.co.uk has some very nice examples.</span></p>
<div id="attachment_261" class="wp-caption alignnone" style="width: 310px"><a href="http://spongenb.files.wordpress.com/2011/11/yoyo.jpg"><img class="size-medium wp-image-261 " title="yoyo" src="http://spongenb.files.wordpress.com/2011/11/yoyo.jpg?w=300&#038;h=282" alt="Yo-yo" width="300" height="282" /></a><p class="wp-caption-text">The Duncan Momentum yo-yo</p></div>
<p><span style="font-family:Century Gothic;"><a href="http://www.yoyoshop.co.uk/products/Duncan/Momentum.html">http://www.yoyoshop.co.uk/products/Duncan/Momentum.html</a></span></p>
<p><strong><span style="font-family:Century Gothic;">Skateboards</span></strong></p>
<p><span style="font-family:Century Gothic;">Skateboards have always been examples of contemporary design. As many riders are teenagers, could these designs be precursors to design trends of the near future?</span></p>
<div id="attachment_262" class="wp-caption alignnone" style="width: 310px"><a href="http://spongenb.files.wordpress.com/2011/11/skate.jpg"><img class="size-medium wp-image-262" title="skate" src="http://spongenb.files.wordpress.com/2011/11/skate.jpg?w=300&#038;h=96" alt="skateboard" width="300" height="96" /></a><p class="wp-caption-text">One example of neat deck design</p></div>
<p><span style="font-family:Century Gothic;"><a href="http://www.skateboardsofchoice.co.uk/skateboards/skateboard-decks/blueprint-spray-heart-8-inch-skateboard-deck-black.htm">http://www.skateboardsofchoice.co.uk/skateboards/skateboard-decks/blueprint-spray-heart-8-inch-skateboard-deck-black.htm</a></span></p>
<p><strong><span style="font-family:Century Gothic;">Like-a-bike</span></strong></p>
<p><span style="font-family:Century Gothic;">They say that if a child rides one of these for a few months, they don’t need stabilisers. They’re beautifully crafted and a brilliant gift.</span></p>
<div id="attachment_263" class="wp-caption alignnone" style="width: 310px"><a href="http://spongenb.files.wordpress.com/2011/11/likeabike.jpg"><img class="size-medium wp-image-263" title="likeabike" src="http://spongenb.files.wordpress.com/2011/11/likeabike.jpg?w=300&#038;h=292" alt="Like a bike" width="300" height="292" /></a><p class="wp-caption-text">A clever and impressive gift: Like-a-Bike</p></div>
<p><span style="font-family:Century Gothic;"><a href="http://www.likeabike.co.uk/likeabike_models/likeabike_mountain_classic.php">http://www.likeabike.co.uk/likeabike_models/likeabike_mountain_classic.php</a></span></p>
<p><strong><span style="font-family:Century Gothic;">LP storage box</span></strong></p>
<p><span style="font-family:Century Gothic;">I’m a closet Genesis fan, with everything they’ve done on vinyl. It’s all in a load of cardboard boxes. Not for long….</span></p>
<div id="attachment_264" class="wp-caption alignnone" style="width: 310px"><a href="http://spongenb.files.wordpress.com/2011/11/lpstorage.jpg"><img class="size-medium wp-image-264" title="R_SCHMIDINGER02" src="http://spongenb.files.wordpress.com/2011/11/lpstorage.jpg?w=300&#038;h=300" alt="LP storage box" width="300" height="300" /></a><p class="wp-caption-text">Sleek storage for crackly old records.</p></div>
<p><span style="font-family:Century Gothic;"><a href="http://www.aplaceforeverything.co.uk/home-storage/handmade-lp-storage-box-birch">http://www.aplaceforeverything.co.uk/home-storage/handmade-lp-storage-box-birch</a></span></p>
<p><strong><span style="font-family:Century Gothic;">Mouse</span></strong></p>
<p><span style="font-family:Century Gothic;">Apple are often said to be the leaders in tech design, but if you’re prepared to look outside of their ultra-clean look, there are some nerdy-but-brilliant products out there, from portable hard-drives to this intriguing mouse from 3DConnexion.</span></p>
<div id="attachment_265" class="wp-caption alignnone" style="width: 310px"><a href="http://spongenb.files.wordpress.com/2011/11/mouse.jpg"><img class="size-medium wp-image-265" title="mouse" src="http://spongenb.files.wordpress.com/2011/11/mouse.jpg?w=300&#038;h=269" alt="" width="300" height="269" /></a><p class="wp-caption-text">3DConnexion&#039;s SpaceNavigator mouse</p></div>
<p><span style="font-family:Century Gothic;"><a href="http://www.3dconnexion.com/products/spacenavigator.html">http://www.3dconnexion.com/products/spacenavigator.html</a></span></p>
<p><strong><span style="font-family:Century Gothic;">A camera made from a sardine tin</span></strong></p>
<p><span style="font-family:Century Gothic;">If you haven’t heard of Lomo, go on Flickr and search for the Lomo-tagged pictures. These examples of sardine-tin cameras are almost-trying-too-hard cool.</span></p>
<div id="attachment_266" class="wp-caption alignnone" style="width: 310px"><a href="http://spongenb.files.wordpress.com/2011/11/lomo.jpg"><img class="size-medium wp-image-266" title="lomo" src="http://spongenb.files.wordpress.com/2011/11/lomo.jpg?w=300&#038;h=245" alt="" width="300" height="245" /></a><p class="wp-caption-text">Lomo Sardina - too cool?</p></div>
<p><span style="font-family:Century Gothic;"><a href="http://uk.shop.lomography.com/cameras/la-sardina-camera-domino">http://uk.shop.lomography.com/cameras/la-sardina-camera-domino</a></span></p>
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		<title>Three new business mistakes</title>
		<link>http://spongenb.wordpress.com/2011/11/22/three-new-business-mistakes/</link>
		<comments>http://spongenb.wordpress.com/2011/11/22/three-new-business-mistakes/#comments</comments>
		<pubDate>Tue, 22 Nov 2011 11:21:25 +0000</pubDate>
		<dc:creator>spongenb</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://spongenb.wordpress.com/?p=256</guid>
		<description><![CDATA[We speak to a lot of agencies. Many of them go on to become Sponge NB clients. Many of those heed our advice to market themselves as smartly as they market their clients. Sadly we only look after a small stable of clients at a time, so what you’ll find is a common theme among [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=spongenb.wordpress.com&amp;blog=7473376&amp;post=256&amp;subd=spongenb&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p><span style="font-family:Century Gothic;">We speak to a lot of agencies. Many of them go on to become Sponge NB clients. Many of those heed our advice to market themselves as smartly as they market their clients. Sadly we only look after a small stable of clients at a time, so what you’ll find is a common theme among many agency web sites and credentials documents. We don’t profess to be User Experience experts or remarkable copywriters. We can proof-read fairly well (though not our own material anywhere near as well – the plumber’s wife has leaky taps) and we can spot me-too marketing a mile off. Here are some of the most common examples of agencies saying, well, stuff we wouldn’t advise.</span></p>
<p><strong><span style="font-family:Century Gothic;">We have an office – we’ve had it for a while. A number of people work there!</span></strong></p>
<p><span style="font-family:Century Gothic;">An astonishing number of agencies have documents which open with something like, “<em>Based in Lowestoft, our team of 12 have 10 years of experience working together on campaigns across the marketing spectrum</em>”. The problem is that as an opening statement, this is very dull. You’re saying, “We have an office. Some people are in it. They have been there for some time.” This isn’t even slightly compelling. Marketing decision-makers want to know what they can get from you. Use your length of experience, size of team and locality as something to build credibility later in your proposition.</span></p>
<p><strong><span style="font-family:Century Gothic;">We’re ever so smart and technical.</span></strong></p>
<p><span style="font-family:Century Gothic;">Who likes fussy language, convoluted descriptions or 30 words when 10 would do? Agencies. Here’s an example of one I found on an agency’s web site with 10 seconds’ Googling:</span></p>
<p><em><span style="font-family:Century Gothic;">Creativity is our life blood&#8230; And that means we start every job with a blank sheet of paper and an open mind. As our client you can expect lots of hard work from us, a determination to see you succeed and a passion for delivering inspirational ideas in the most effective way to deliver your message powerfully.</span></em></p>
<p><em><span style="font-family:Century Gothic;">Formed in 2000, &lt;agency name removed&gt; has been working with companies of all shapes, sizes and flavours throughout the UK. Because we create communication strategies, design and PR solutions that really work, our clients have enjoyed measurable improvements to their business performance and enhanced their target audience perception.</span></em></p>
<p><span style="font-family:Century Gothic;">It sounds kind of ok, doesn’t it? It comes from an agency with a good reputation for strong results from great work. So why doesn’t it say “We’ll work to increase your sales through smart marketing” or something like that? Most prospects are bored by the time they’ve trawled through your essay to find out what they might get from you. Just tell them. For the record, the agency I’ve picked on is a great agency and one of many who had similarly lengthy descriptions. If you’re from that agency and want me to remove your words, I will of course do that. And then replace it with someone else’s.</span></p>
<p><strong><span style="font-family:Century Gothic;">We have awards.</span></strong></p>
<p><span style="font-family:Century Gothic;">I covered this in great detail in a previous post on here, so I won’t go over the same subject matter again. In summary: prospects don’t choose you because you won some awards. Sorry ‘bout that.</span></p>
<p><span style="font-family:Century Gothic;">It has been pointed out to me that the 2011 IPA and Gunn report suggests that creatively awarded campaigns have been 12 times more effective than non-awarded ones. Well the IPA dishes out awards, so you might wonder if they’re biased. I wondered.</span></p>
<p><span style="font-family:Century Gothic;"> - Only 175 campaigns were included.</span></p>
<p><span style="font-family:Century Gothic;"> - They were all major brands.</span></p>
<p><span style="font-family:Century Gothic;"> - 74% of the awarded campaigns were TV ad campaigns with significant budgets.</span></p>
<p><span style="font-family:Century Gothic;"> - Awards happen <em>once a campaign has been effective</em>, not the other way round. This doesn’t reduce the impressive nature of a nice award twinned with an effective campaign, but the IPA Gunn report makes statements like “The more creatively-awarded a campaign, the more effective it becomes”, which is misleading.</span></p>
<p><span style="font-family:Century Gothic;"> - In fact, the closest thing to a real correlation in the report is that campaigns where there was high investment in ESOV (Excess Share of Voice) were most effective. The SOV was relative to the effectiveness of the campaign and hence the awards.</span></p>
<p><span style="font-family:Century Gothic;">For the other agencies out there turning out brilliant conceived experiential ideas, needle-in-haystack direct marketing campaigns and commercially stunning promotional ideas: stuff the awards. They’re great for your ego and your team morale but they simply don’t win you clients. Oh and if you want the full IPA report, they’ll charge you £10. Enjoy.</span></p>
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		<title>Anti-social media &#8211; the silent killer&#8230;</title>
		<link>http://spongenb.wordpress.com/2011/11/18/anti-social-media-the-silent-killer/</link>
		<comments>http://spongenb.wordpress.com/2011/11/18/anti-social-media-the-silent-killer/#comments</comments>
		<pubDate>Fri, 18 Nov 2011 14:35:29 +0000</pubDate>
		<dc:creator>spongenb</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Twitter]]></category>
		<category><![CDATA[business development]]></category>
		<category><![CDATA[new business agency]]></category>
		<category><![CDATA[Social media]]></category>
		<category><![CDATA[sponge new business]]></category>
		<category><![CDATA[spongenb.com]]></category>

		<guid isPermaLink="false">http://spongenb.wordpress.com/?p=250</guid>
		<description><![CDATA[If there’s Social Media, then there’s Silent Media. It’s not strictly silent – in fact it makes a lot of noise and has a very great effect. It’s just that the subject can’t hear it. Social Media seems to have lulled a great many companies into thinking that their customer service is water-tight because they [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=spongenb.wordpress.com&amp;blog=7473376&amp;post=250&amp;subd=spongenb&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p><font face="Century Gothic">If there’s Social Media, then there’s Silent Media. It’s not strictly silent – in fact it makes a lot of noise and has a very great effect. It’s just that the subject can’t hear it. Social Media seems to have lulled a great many companies into thinking that their customer service is water-tight because they have an active Social Media campaign. Some of these companies don’t realise that before they can celebrate the rebirth of their business on Twitter, they need to make sure that they are doing the right thing first.</p>
<p><font face="Century Gothic">First, <em>be good</em>. It’s a mantra to live by. Once you’ve figured out “good”, learn to be consistent, then remarkable, then astonishing. But, with a smile on your face, ignore those who tell you you’re astonishing, remarkable and consistent. Listen to those who say you’re awful, inconsistent or disappointing. The problem is, most of the people who think this won’t do you the courtesy of telling you. It’s ego-bruising, but the only way to improve is to listen to how you can do it. The best people to teach you that are the ones you’ve annoyed, irritated or upset and told you about it. This feedback is golden.</p>
<p><font face="Century Gothic">My brother is a successful fella. He has a reasonably generous disposable income (he’s not rich and crazy, he lives sensibly and treats himself from time to time). He has something called “The List”. If we go to a restaurant, hotel, shop or even taxi firm and they piss him off, they go on The List. Currently on The List are companies like Prezzo, English’s in Brighton, Café Noor (a local Indian restaurant) and a host of other organisations who have no idea at all they’re there. He doesn’t feel the need to tell them or complain, he just never goes back. He will gleefully refuse to go even if he’s with a group, the rest of whom are happy to wander in one of the condemned places.</p>
<p><font face="Century Gothic">Now, those companies might imagine that they cover their bases – they might be on Twitter, Facebook and have a nice feedback form on their web site. One thing links them though – none of them genuinely wanted to know what he thought while he was there. Most of them will have asked in a rhetorical way: “Was everything alright there, lovely, thanks…”, without actually leaving a gap for an answer. Prezzo had served him two Calzone pizzas that were raw inside – this surprising screw-up merited no redress at all. They knew, that’s for certain. They’d made two replacement ones before managing to cook one properly. They just didn’t think it was worth a conversation.</p>
<p><font face="Century Gothic">So, if you use Social Media and imagine that your Social Marketing is taken care of, then you’re missing a trick. You need to talk to your customers and listen. You might not agree, but you’ll know. Don’t wait until someone Tweets – ask your customers while they’re being customers.</p>
<p><font face="Century Gothic">Recently, my brother and I had a really disappointing evening in Chez Gerard on Charlotte Street. I made a passing comment about it on Twitter the next day and impressively, Simon Mould from their PR Agency Threepipe emailed me asking me to outline what happened. I did, and Simon felt that the experience was bad enough that the restaurant group would want to contact me – I acceded to his request to take a call or email from them. This hadn’t arrived a week later, so I emailed Simon, explaining. When it hit three weeks, I emailed him once more saying that I understand how frustrating it is for a PR Agency when clients do this, but that the restaurant hadn’t contacted me. The next day, Chez Gerard’s AJ Steer emailed me apologising (not necessary – I was merely offering feedback) and offering vouchers for a return visit. So, their Twitter presence had an effect – in the end. The thing that they need to ask themselves is: How many unsatisfied customers simply never tell them? Moreover, how much nicer would that story sound if they’d managed to fulfil the promise of their brand, or even been interested in whether they had?</p>
<p><font face="Century Gothic">I suppose what I’m trying to say is that Social Media doesn’t all happen online. Don’t forget to talk to your customers while they’re being customers.</p>
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		<title>Well done on your award. Nobody cares.</title>
		<link>http://spongenb.wordpress.com/2011/11/17/well-done-on-your-award-nobody-cares/</link>
		<comments>http://spongenb.wordpress.com/2011/11/17/well-done-on-your-award-nobody-cares/#comments</comments>
		<pubDate>Thu, 17 Nov 2011 11:37:33 +0000</pubDate>
		<dc:creator>spongenb</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Business Development with a new business agency]]></category>
		<category><![CDATA[Awards]]></category>
		<category><![CDATA[business development]]></category>
		<category><![CDATA[Chip shop awards]]></category>
		<category><![CDATA[new business]]></category>
		<category><![CDATA[new business agency]]></category>
		<category><![CDATA[Sponge NB]]></category>
		<category><![CDATA[sponge new business]]></category>
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		<guid isPermaLink="false">http://spongenb.wordpress.com/?p=239</guid>
		<description><![CDATA[We had a client last year who won a lot of awards. They were very keen that we talked about their awards on the phone a lot. The emails they wanted us to send made a huge fuss about awards. Their web site mentioned awards a lot. Their Twitter feed mentions awards at least once [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=spongenb.wordpress.com&amp;blog=7473376&amp;post=239&amp;subd=spongenb&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p><span style="font-family:Century Gothic;">We had a client last year who won a lot of awards. They were very keen that we talked about their awards on the phone a lot. The emails they wanted us to send made a huge fuss about awards. Their web site mentioned awards a lot. Their Twitter feed mentions awards at least once a week. Their credentials PDFs opened with a list of their awards. They must be brilliant, right?<br />
</span></p>
<div id="attachment_241" class="wp-caption aligncenter" style="width: 310px"><a href="http://spongenb.files.wordpress.com/2011/11/gold_award.jpg"><img class="size-medium wp-image-241" title="Gold Award" src="http://spongenb.files.wordpress.com/2011/11/gold_award.jpg?w=300&#038;h=225" alt="Gold Award" width="300" height="225" /></a><p class="wp-caption-text">&quot;I&#039;d like to thank my Creative Director!&quot;</p></div>
<p><span style="font-family:Century Gothic;">Well they a</span><span style="font-family:Century Gothic;">re a brilliant agency. Some of their work was incredibly </span><span style="font-family:Century Gothic;">impressive. They’d taken more than one brand from local obscurity to national listings in supermarkets. They could demonstrate a decent return on investment from several of their clients’ campaigns. Their reputation was great – when we called people, they would often recognise the agency name and some would even know some of their work. The thing that nobody wanted to know about was their awards.</span></p>
<p><span style="font-family:Century Gothic;">Most awards are something you have to pay to enter into. A small band of companies put their name in a big hat and pretty much guarantee they’ll walk away with something. Don’t imagine there aren’t some awards we like – who doesn’t enjoy the Chip Shop Awards?  Our client’s reliance on these awards diluted the impact of their frankly awesome offering hugely. When we started working for them, we told them we wouldn’t talk about their awards. They appreciated this input, then ignored it.</span></p>
<p><span style="font-family:Century Gothic;">In the end, their work with us yielded a couple of new clients. We parted company on good terms (we have a new client on the horizon who heard of us from the awards-loving ex-client) and we have a lot of time for their work. It’s just that if they stopped worrying about awards (and shouting about them), they could have so much more. Awards are “nice”, but they’re not compelling, remarkable or even relevant to most prospects. A long time ago I won a nice piece of business from Lotus for a client. It won Cannes Lions and all sorts of awards but apparently didn’t sell any cars. Your clients and prospective clients know what Lotus knows – awards don’t necessarily mean success.</span></p>
<p><span style="font-family:Century Gothic;">If you’ve won some awards, then congratulations. The ceremonies are often a great night out. They can help when recruiting. They can boost morale in a team. What they don’t do is win you clients. You do that by being remarkable and then knowing how to tell people.</span></p>
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			<media:title type="html">Gold Award</media:title>
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		<title>Finding new business in 2012</title>
		<link>http://spongenb.wordpress.com/2011/11/09/finding-new-business-in-2012/</link>
		<comments>http://spongenb.wordpress.com/2011/11/09/finding-new-business-in-2012/#comments</comments>
		<pubDate>Wed, 09 Nov 2011 11:19:15 +0000</pubDate>
		<dc:creator>spongenb</dc:creator>
				<category><![CDATA[Business Development with a new business agency]]></category>
		<category><![CDATA[business development]]></category>
		<category><![CDATA[new business]]></category>
		<category><![CDATA[new business agency]]></category>
		<category><![CDATA[sponge new business]]></category>
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		<guid isPermaLink="false">http://spongenb.wordpress.com/?p=234</guid>
		<description><![CDATA[At the start of each month, our web traffic goes bananas. There’s something about a month-end that gets marketing agency bosses wondering where the next new business win is coming from. Our own clients tend to take stock around that time too – if a client wants a review, they often call it in the [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=spongenb.wordpress.com&amp;blog=7473376&amp;post=234&amp;subd=spongenb&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p><span style="font-family:Century Gothic;">At the start of each month, our web traffic goes bananas. There’s something about a month-end that gets marketing agency bosses wondering where the next new business win is coming from. Our own clients tend to take stock around that time too – if a client wants a review, they often call it in the first week of a month. This behaviour builds to a peak in November, December and January. The phone rings more, the web traffic rises even more and the emails pour in. Agencies we’ve spoken to throughout the year get in touch wondering how we can get something in place for the next 12 months.</span></p>
<p><span style="font-family:Century Gothic;">Planning for 2012 should be happening now. Your new business plan should be in place and new data, target areas, credentials, web content and case studies compiled and ready. Those things take time of course and the constant we see across dozens of agencies is that there’s never enough time for new business. Some agencies even say that they are too busy and don’t want new clients (I hope they don’t take that approach with their own clients: “You’ve sold a lot of Walkmans there Sony – perhaps it’s time to stop worrying about the next product and how to sell it and just hope that Walkmans will be the personal music player of choice for the foreseeable future”).</span></p>
<p><span style="font-family:Century Gothic;">That’s where we come in. Don’t wait though – mid-January is a brilliant time to kick off a new business campaign. Get us in now and get planning. We’ll have plenty of time to properly learn your agency’s proposition, soak up its culture and profile your prospects. We’ll spend a productive briefing day with you and your team so that you all know how to get the most out of us. Then, in January, we’ll get on with it.</span></p>
<p><span style="font-family:Century Gothic;">Yep, this is a bit salesy – not my usual style. The thing is, we’re better and more effective now than we’ve ever been. That’s down to our team and our clients. We want clients in 2012 who also want clients in 2012. That’s you, isn’t it?</span></p>
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		<title>Some reasons to use a new business agency</title>
		<link>http://spongenb.wordpress.com/2011/09/06/some-reasons-to-use-a-new-business-agency/</link>
		<comments>http://spongenb.wordpress.com/2011/09/06/some-reasons-to-use-a-new-business-agency/#comments</comments>
		<pubDate>Tue, 06 Sep 2011 09:26:23 +0000</pubDate>
		<dc:creator>spongenb</dc:creator>
				<category><![CDATA[Business Development with a new business agency]]></category>
		<category><![CDATA[business development]]></category>
		<category><![CDATA[cold calling]]></category>
		<category><![CDATA[marketing]]></category>
		<category><![CDATA[new business]]></category>
		<category><![CDATA[new business agency]]></category>
		<category><![CDATA[Sponge NB]]></category>
		<category><![CDATA[sponge new business]]></category>
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		<guid isPermaLink="false">http://spongenb.wordpress.com/?p=227</guid>
		<description><![CDATA[I meet a lot of people from agencies. It’s a really enjoyable part of my job – I like to meet new people and it is usually fascinating to understand a new agency. The more of them I meet, the more I realise that the usual convenient labels we give marketing disciplines aren’t really fit [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=spongenb.wordpress.com&amp;blog=7473376&amp;post=227&amp;subd=spongenb&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p><span style="font-family:Century Gothic;">I meet a lot of people from agencies. It’s a really enjoyable part of my job – I like to meet new people and it is usually fascinating to understand a new agency. The more of them I meet, the more I realise that the usual convenient labels we give marketing disciplines aren’t really fit for purpose. They’re only really useful as a retrospective tool to describe some work. Find me an ad agency that hasn’t strayed into online, or a PR agency that hasn’t dabbled in events management. They’re a rarity. There are a few things that they all share and one of those things is the need to find new clients. That is what we do for our clients.</span></p>
<p><span style="font-family:Century Gothic;">When we meet agencies who want to use our service, we’re often presented with a host of reasons why their own new business efforts have slowed. These explanations are usually offered with a look of slight embarrassment (and in one case, red-faced shame!). I thought I’d collate a few of them. Agency people – you’re not alone. Here’s how agencies drop the new business ball:</span></p>
<p><strong><span style="font-family:Century Gothic;">The boss does (did) it quite well. For a while.</span></strong></p>
<p><span style="font-family:Century Gothic;">Small startup agencies have little choice other than getting on the phone themselves. Granted, many of you will manage to tease a client from your former employer and have a decent cashflow from day one, but hiring someone who will solely make new business calls, craft emails and deliver amazing pitches is naturally a big expense. So you do it yourself. At first, that’s fine – after all you’re the most enthusiastic person when making your new business calls and they go okay. You get a few companies interested and you go and meet them. At some point though, one of a few things happens:</span></p>
<p><span style="font-family:Century Gothic;">-         You get a few dozen people who simply say “no” and it makes the calls seem like an onerous task. Subdued, your new business efforts fall away. You make some calls when you think you might lose a client and these bursts keep you on an even keel. Ambitious growth plans are ditched and survival becomes the norm. Okay, this is a slightly “worst-case” example but many of you will recognise this scenario.</span></p>
<p><span style="font-family:Century Gothic;">-         You win a few clients and you’re suddenly really busy. This is common enough but it leaves you bereft of time to make those new business calls you’re clearly quite good at. That’s okay though, you’re making money, right? A few months, or even a year passes and you find yourself repeating an exciting rollercoaster of new business wins followed by working frantically for those new clients. You survive, but have the nagging feeling that a more sustained effort could see you growing and thriving.</span></p>
<p><span style="font-family:Century Gothic;">-         You’re useless at it and it becomes a numbers game. You bang out 140 calls a day and your soul slowly gets eaten away by the rejection. You have become a telesales person. Your emails are ignored. You’re making so many calls and writing so many emails that none of them are tailored. Once in a while you trip over a win. Hooray!</span></p>
<p><strong><span style="font-family:Century Gothic;">You hired someone and they left (why do they do that?!)</span></strong></p>
<p><span style="font-family:Century Gothic;">There are some cracking new business people out there. They share some traits that make them extremely effective. One of those traits can be a problem for agencies: boredom. They are not telesales people, they’re creative, inspirational people who rival the best agency creatives when it comes to ideas that sell. They need constantly differing challenges and quite often one agency simply isn’t enough. They’re restless, social creatures and keeping them is as tough as finding them. What’s even tougher? Replacing them.</span></p>
<p><strong><span style="font-family:Century Gothic;">You hired a new business agency and they were not good</span></strong></p>
<p><span style="font-family:Century Gothic;">Some of them aren’t. Some of them are brilliant. We’re biased, but we’re one of the amazing ones. There are some sins that some of our competitors commit, including:</span></p>
<p><span style="font-family:Century Gothic;">-         Sending you to meetings with someone who isn’t actually interested in you</span></p>
<p><span style="font-family:Century Gothic;">-         Charging for data/setup/briefing. That’s just a scam.</span></p>
<p><span style="font-family:Century Gothic;">-         Insisting on a long contract. Why do they do that?</span></p>
<p><span style="font-family:Century Gothic;">We don’t do any of those. Or any of the other devious, misleading tricks that just keep you paying expensive invoices.</span></p>
<p><strong><span style="font-family:Century Gothic;">You’ve relied on referrals</span></strong></p>
<p><span style="font-family:Century Gothic;">They’re great, aren’t they? And if anything, you need to get better at generating more of them. There’s a lack of control over them though and one day, they peter out. What now?</span></p>
<p><strong><span style="font-family:Century Gothic;">You’re hideously disorganised</span></strong></p>
<p><span style="font-family:Century Gothic;">I’ve seen various alternatives to a well-maintained and refreshed new business database. Post-it notes, backs of receipts, Word documents and names scribbled on hands. I’ve seen databases with contacts left un-contacted for 4 years. I’ve reassured agency bosses when they’ve shown me an Excel file with no set fields and we’ve rescued data from archaic database formats.</span></p>
<p><span style="font-family:Century Gothic;">I should probably finish this with a little pitch about how we’re the only answer to these problems. The thing is, we’re not the only answer, we’re one of many. We’re very good though and we have a team that trumps any we’ve had before. Give us a call.</span></p>
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		<title>How we&#8217;re different.</title>
		<link>http://spongenb.wordpress.com/2011/02/24/how-were-different/</link>
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		<pubDate>Thu, 24 Feb 2011 16:08:49 +0000</pubDate>
		<dc:creator>spongenb</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Business Development with a new business agency]]></category>
		<category><![CDATA[business development]]></category>
		<category><![CDATA[cold calling]]></category>
		<category><![CDATA[companies]]></category>
		<category><![CDATA[Differentiating]]></category>
		<category><![CDATA[new business]]></category>
		<category><![CDATA[new business agency]]></category>
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		<guid isPermaLink="false">http://spongenb.wordpress.com/?p=224</guid>
		<description><![CDATA[Every business owner claims to be different. It’s a really difficult thing to back up with facts – differentiation is usually about claims rather then results. Being different can mean better results and it can mean worse results. Porter and his five forces (see, I’m referring to my sometimes-dull marketing training here) tells us that [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=spongenb.wordpress.com&amp;blog=7473376&amp;post=224&amp;subd=spongenb&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p><span style="font-family:Century Gothic;">Every business owner claims to be different. It’s a really difficult thing to back up with facts – differentiation is usually about claims rather then results. Being different can mean better results and it can mean worse results. Porter and his five forces (see, I’m referring to my sometimes-dull marketing training here) tells us that “threat of substitution” is something to consider when taking your offer to market. Well a massive majority of businesses live with those substitutions every day and make money. There are few propositions that are genuinely different.</span></p>
<p><span style="font-family:Century Gothic;">There are two things that can truly differentiate: people and stories. They’re inextricably linked of course but without them you’re just a bunch of claims, case studies and hopes. The problem with differentiating using these things is that everybody can do it. Luckily, they don’t.</span></p>
<p><span style="font-family:Century Gothic;">We speak to a fair number of agencies of different types and there are a few recurring themes in the things they claim about themselves:</span></p>
<p><span style="font-family:Century Gothic;">-         We really get involved with our clients’ business!</span></p>
<p><span style="font-family:Century Gothic;">-         We’ll only work on business we believe in.</span></p>
<p><span style="font-family:Century Gothic;">-         Our unique experience in the _________ sector means we’re blah blah blah….</span></p>
<p><span style="font-family:Century Gothic;">-         We’re never afraid to challenge a brief!</span></p>
<p><span style="font-family:Century Gothic;">They all sound admirable and they’re all easy to claim. They all suffer from one thing – the opposite of each is unthinkable. Making claims the opposite of which are ludicrous doesn’t tell anybody anything. The opposite of those claims include “We don’t get involved in our clients’ business!” and the remarkable “we’ll work with business we truly don’t have any belief in!”. Saying them is a waste of the valuable attention a potential client will give you.</span></p>
<p><span style="font-family:Century Gothic;">Find a story and tell it. You may need to get your team drunk to find the story in the first place, especially if you’re the boss. If you’re the boss, your ego is going to screw this whole process up, so get out the company card and buy a few bottles of Malbec. Encourage the team to tell their best/worst client stories and make notes. We’ve got loads, gathered over 7 years. I’m not going to write them all out here – I tend to bust them out when we meet agencies. They have some themes though – they’re these:</span></p>
<p><span style="font-family:Century Gothic;">-         Finding a story for a viral agency about a £100 project they did and winning three major clients off the back of it after dumping the proposition they wanted about a £100k project they did. It’s worth meeting us just to hear this.</span></p>
<p><span style="font-family:Century Gothic;">-         Figuring out how to predict furniture trends in advance by talking to technology brokers in Eastern Europe…</span></p>
<p><span style="font-family:Century Gothic;">-         At a Christmas party a nervous and drunk staff member selling in one of our clients to an equally drunk American tourist, barefoot in the Porterhouse, Covent Garden. She claimed to have “booked the meeting”!</span></p>
<p><span style="font-family:Century Gothic;">-         Our ever-changing recruitment process leading to the angriest, most insulting (I was described as “Mr. Baldy No-hair”) response to a rejection email I’ve ever seen.</span></p>
<p><span style="font-family:Century Gothic;">Clearly they’re not all suitable for selling but we’re keen to help our clients understand that we’re not like the other guys. We’re exciting, intelligent, eager, fallible, friendly, intuitive, driven and above all else, good. Y’know, like every new business agency says they are.</span></p>
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		<title>New Business: Asking questions of &#8220;prospects&#8221;</title>
		<link>http://spongenb.wordpress.com/2011/02/10/new-business-asking-questions-of-prospects/</link>
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		<pubDate>Thu, 10 Feb 2011 10:25:24 +0000</pubDate>
		<dc:creator>spongenb</dc:creator>
				<category><![CDATA[Business Development with a new business agency]]></category>
		<category><![CDATA[business development]]></category>
		<category><![CDATA[cold calling]]></category>
		<category><![CDATA[marketing]]></category>
		<category><![CDATA[new business]]></category>
		<category><![CDATA[new business agency]]></category>
		<category><![CDATA[Questions]]></category>
		<category><![CDATA[sales]]></category>
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		<guid isPermaLink="false">http://spongenb.wordpress.com/?p=217</guid>
		<description><![CDATA[Your “prospects” don’t think of themselves as prospects. When you call them, they aren’t waiting to hear about your offering. The majority of them don’t give a hoot about your awards. They rarely care where you’re based, when you were founded and how many people work in the colourful rooms you call your offices. Yet [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=spongenb.wordpress.com&amp;blog=7473376&amp;post=217&amp;subd=spongenb&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p><span style="font-family:Century Gothic;">Your “prospects” don’t think of themselves as prospects. When you call them, they aren’t waiting to hear about your offering. The majority of them don’t give a hoot about your awards. They rarely care where you’re based, when you were founded and how many people work in the colourful rooms you call your offices. Yet it’s all too easy to call them over and over and over saying nothing new and never thinking about what they might want.</span></p>
<p><span style="font-family:Century Gothic;"> </span></p>
<div id="attachment_220" class="wp-caption alignleft" style="width: 285px"><a href="http://spongenb.files.wordpress.com/2011/02/smart-sales-call.jpg"><img class="size-full wp-image-220" title="Sales call" src="http://spongenb.files.wordpress.com/2011/02/smart-sales-call.jpg?w=600" alt="How to use the phone"   /></a><p class="wp-caption-text">&quot;Yes...........oh yes..............and yes again! I&#039;ll take one!&quot;</p></div>
<p>&nbsp;</p>
<p><span style="font-family:Century Gothic;">There’s an old sales truism – WIIFM – it’s when you consider the idea that the “prospect” is “tuned” into a “radio station” (I’m using loads of quotations because some of these phrases make me cringe outwardly) and that station is WIIFM (the “FM” bit makes it a radio station, so hopefully DAB will render this particular semi-acronym obsolete, replaced by something better like “think before you sell, you cretin”). The initials stand for “What’s in it for me?”. Now, it’s convenient to imagine that everybody is so self-absorbed that you simply have to find out what they want and offer them it. I want lots of things I can’t/shouldn’t have for reasons that a salesman who bought a book from Amazon and now thinks she knows how to “hook” me (see how I mixed “salesman” with “she” to trip up your sensibilities?) can’t possibly decode. Especially given that the nature of cold calls is that we can’t know everything before the phone is lifted (with all the hope a marketer can have that this isn’t another dull sales call) so we’ll be making some assumptions to sit alongside the research we did. So what can you do?</span></p>
<p><span style="font-family:Century Gothic;">It seems obvious, but something that many so-called salespeople fail miserably to do is ask questions. Well, they don’t fail to do it – they just ask irrelevancies. This is extra-true if they’ve been on a sales course that taught them to climb the “yes” ladder. This particular piece of convincing-enough drivel suggests that the more times you can “get” the “prospect” to say “yes”, the more likely they are to agree to your every demand. Does that sound like something you’d do? Would you agree to use a supplier, or even meet them to work out if you can use them just because you said “yes” a lot? I like to think our “prospects” (can’t we find a better word for them, or just agree that I’m saying it with a look of disdain for the very word?) are smart enough to listen, interact and explain things.</span></p>
<p><span style="font-family:Century Gothic;"> </span></p>
<div id="attachment_221" class="wp-caption alignright" style="width: 310px"><a href="http://spongenb.files.wordpress.com/2011/02/sales1.jpg"><img class="size-medium wp-image-221" title="Salescall" src="http://spongenb.files.wordpress.com/2011/02/sales1.jpg?w=300&#038;h=199" alt="Sales calls can be fun! Really! No, really!" width="300" height="199" /></a><p class="wp-caption-text">The 9th identical sales call.....</p></div>
<p>&nbsp;</p>
<p><span style="font-family:Century Gothic;">You might need to contact a prospect several times before the relationship becomes permissive, open and develops a degree of trust (hopefully you read the word “prospect” with a little irony in your heart). You can’t talk solely about what you imagine is “in it for them”, nor can you just ask “yes” questions. You’re not an idiot (we did a survey and idiots don’t read this blog) and nor is your (aargh) prospect.</span></p>
<p><span style="font-family:Century Gothic;">Think about what you need to know to offer the person you’re contacting something useful. Understand their end game. It’s what the person in a marketing/PR/digital/promotions/events/procurement department wants to have <em>after they’ve worked with you</em> that is important. If it’s more sales, then think about their product or service and the consumer or customer’s decision-making process. If it’s something less tangible – say, brand awareness – then there’s a reason for that. Finding a way to create an environment or atmosphere where you can discover that reason first hand is uniquely powerful. Don’t hide from your own questions – lay your cards on the table. Nobody is expecting altruism. Nobody is hoping for your call. Most of all, nobody wants to be sold at.</span></p>
<p><span style="font-family:Century Gothic;">You’ll notice by now that I haven’t offered any answers to questions like “how do I do this exactly?” and I won’t be doing so either. I want you to understand at the end of this that we don’t “do sales” and nor should you.</span></p>
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		<title>New Business in 2011 – are you having fun yet?</title>
		<link>http://spongenb.wordpress.com/2011/02/03/new-business-in-2011-%e2%80%93-are-you-having-fun-yet/</link>
		<comments>http://spongenb.wordpress.com/2011/02/03/new-business-in-2011-%e2%80%93-are-you-having-fun-yet/#comments</comments>
		<pubDate>Thu, 03 Feb 2011 16:35:22 +0000</pubDate>
		<dc:creator>spongenb</dc:creator>
				<category><![CDATA[Business Development with a new business agency]]></category>
		<category><![CDATA[business development]]></category>
		<category><![CDATA[cold calling]]></category>
		<category><![CDATA[marketing]]></category>
		<category><![CDATA[new business]]></category>
		<category><![CDATA[new business agency]]></category>
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		<guid isPermaLink="false">http://spongenb.wordpress.com/?p=212</guid>
		<description><![CDATA[Like many people involved in finding new clients for marketing services companies, we ended 2010 with a degree of trepidation. Thankfully, a few bold agencies took the advice in my last blog post (which was far too long ago), so we have grown a little early on. A favourite client left us, which is always [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=spongenb.wordpress.com&amp;blog=7473376&amp;post=212&amp;subd=spongenb&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p><span style="font-family:Century Gothic;">Like many people involved in finding new clients for marketing services companies, we ended 2010 with a degree of trepidation. Thankfully, a few bold agencies took the advice in my last blog post (which was far too long ago), so we have grown a little early on. A favourite client left us, which is always very sad but I’m consoled by two things: I understand their decision (and the magnanimous explanation), plus I genuinely believe they’ll be back, sooner rather than later. The six-figure new business wins we secured them in year one with us would only have increased but as with many things, it’s all about timing.</span></p>
<p><span style="font-family:Century Gothic;">January loomed scarily as we closed the doors to celebrate Christmas (though as a company owner, I spent the entire break wanting to be back in the office getting on with it) and I admit to wondering how 2011 would go. We’re a small company, so cashflow is king – two of our clients are awfully late payers and it can really cause problems – and growth is hampered by the fact that we don’t work for directly conflicting agencies. It’s often a tight-rope walk and a year where a new government are creating situations that are tough to predict the full effect of means a few more tough months. Or so you’d think.</span></p>
<p><span style="font-family:Century Gothic;">As December hit us, a few of our clients’ new business projects hit a wall. It was really very frustrating. We were constantly adapting to the different issues we faced and trying with all our might to ensure we didn’t miss a trick, but it just died. My worry lines encroached another millimetre across my otherwise smiling face. It worked though. A huge amount of our December work was simply preparation work that made sure we were ready for the first couple of months of 2011.</span></p>
<p><span style="font-family:Century Gothic;">February seems to have arrived early, at least my body-clock thinks so. We’re a few business wins (for our clients) in already and every one of our clients’ campaigns is looking really good. Not a claim we can make every month (and nor should our competitors, but hey – if claiming perfection is as good as actual communication with real-life humility then who am I to argue?) and we’re enjoying life here.</span></p>
<p><span style="font-family:Century Gothic;">A number of agencies and marketing services from around the world are talking to us about working with us. Our database is looking better and better, so reliance on data subscriptions and outside sources  is reduced. Our team is unequivocally the best it has ever been. The influence of Sponge NB stalwarts like Kim and Nikki (if you’re a regular blog reader you might remember mentions of them) have left us smarter and wittier while the current team is genuinely superb. They won’t have read this far so there’s no danger of egos getting out of hand.</span></p>
<p><span style="font-family:Century Gothic;">I suppose this is a really long and self-indulgent way of saying that your new business activity should at least be yielding some great introductions. Wins are there for the taking. Reviews are happening. Budgets are being tentatively released and the April flurry looks like it could be even better.</span></p>
<p><span style="font-family:Century Gothic;">We’re urging our clients to maintain their standards – just because more people are around to meet doesn’t mean you should meet them all. Finding the prospects who are going to buy your services is still crucial. Qualifying meetings as actual opportunities is still incredibly important, yet so easy to forget when a big brand shows a little interest. Granted, ignoring an opportunity is wrong, but inventing one where there’s no chance at all of actually winning business is worse. When one of our team unceremoniously cancelled a clients’ alleged pitch this week after finding that it was little more than a ruse – the prospect in fact wanted to sell their services to our client – I was over the moon!</span></p>
<p><span style="font-family:Century Gothic;">If you’re not already making significant progress in covering every new business base then get on with it. So many agencies will be convincing themselves that they “have too many clients already”, or “have tons of incoming new business” that there’s a lot of space for the truly keen, the innovative and the bold. </span></p>
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