Advertising Agency New Business

Bringing in advertising agency new business has never been more interesting.

New technologies continually add layers of convenience and effectiveness while also adding layers of time many of you don’t have in learning and implementing those technologies.

With these new technologies also comes an attitude from many agencies that traditional prospecting is dead, doesn’t work.

Depending on their definition of “traditional,” nothing could be further from the truth.

The Hard Sell

. . . is out.

So that tradition (think Boiler Room) is dead, or it should be.

Amazingly it’s still out there, as we all know from those wonderful telemarketers.

But traditional in the sense of picking up the phone and reaching out to prospects?

Absolutely works, given the right strategy.

You Know What Else Still Works For Advertising Agency New Business?

Mail and email.

An interesting graph below from our 2011 New Business Report:

54% of marketers most learn about agencies from email and 38% from mailings received from agencies.

Playing devil’s advocate for a moment, once could argue that those placement numbers exist because prospects can control those mediums-they can delete or throw in the trash.

While potentially true on its face, we know they still work from our own experience.

But Social Media?

. . . works as a prospecting tool as well, certainly.

As ever, your new business program needs to be about planning, targeted prospect lists, ongoing awareness, polite persistence and a mix of all available channels-phone, mail, email , social and whatever cool new stuff comes down the pike that works for your agency.

“But woe to those agencies who doubt the power of ongoing prospecting, for they shall reap a bitter harvest.”  (Something like that.)

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Lee McKnight Jr
VP of Sales at RSW/US
I'm the VP of Sales at RSW/US. We specialize in working with services firms to help drive and close new business-if you need help with that, email me at lee@rswus.com. What I actually do: drive sales efforts to bring ad agencies and services firms on board with RSW, create content around successful new business tactics and help drive RSW/US marketing objectives, including social media channels, blog content, webinars, video and speaking engagements. Dig it.