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What’s	
  new	
  in	
  biz	
  dev?	
  
7	
  Key	
  elements	
  of	
  new	
  business	
  strategy	
  
•  Inbound	
  marke-ng	
  -­‐	
  Capture	
  and	
  track	
  leads	
  
•  Content	
  marke-ng	
  –	
  editorial	
  plan	
  
•  Social	
  media	
  –	
  growing	
  presence	
  
•  Plan	
  how	
  to	
  build	
  rela-onship	
  between	
  awareness	
  and	
  purchase	
  	
  
•  Mul--­‐touch,	
  nurturing	
  campaigns	
  
•  Re-­‐marke-ng	
  
•  Demand	
  genera-on	
  and	
  automated	
  marke-ng	
  –	
  autoresponders	
  
Pitching	
  is	
  going	
  out	
  of	
  fashion	
  
Crowdsourcing	
  and	
  freelancers	
  –	
  Victor	
  and	
  Spoils	
  
Low-­‐value	
  projects	
  not	
  put	
  out	
  to	
  tender	
  
Need	
  for	
  brands	
  to	
  have	
  a	
  range	
  of	
  agencies	
  on	
  roster	
  with	
  diverse	
  skills	
  
E-­‐Auc-ons	
  and	
  procurement	
  driving	
  down	
  margins	
  [IBM	
  Emptoris,	
  Ariba]	
  
Poorly	
  run	
  pitches	
  discourage	
  quality	
  par-cipants	
  
-­‐  High	
  number	
  of	
  agencies	
  on	
  the	
  pitch	
  list	
  
-­‐  Too	
  liOle	
  -me	
  given	
  to	
  respond	
  to	
  pitch	
  
-­‐  No	
  budget	
  allocated	
  to	
  brief	
  
-­‐  Increasing	
  number	
  of	
  hoops	
  
-­‐  Addi-on	
  of	
  ‘reverse	
  auc-on’	
  step	
  
Good	
  prac-ce	
  pitching	
  guidelines	
  
Inbound	
  Marke@ng	
  Tools	
  to	
  drive	
  brand	
  engagement	
  
Pop	
  ups	
  and	
  light	
  boxes	
  
Searchable	
  URLs	
  
Commen-ng	
  on	
  others’	
  blogs	
  and	
  newspaper	
  websites	
  
Reverse	
  IP	
  Lookups	
  
Give	
  away	
  your	
  exper-se	
  	
  
How	
  to	
  build	
  credibility	
  for	
  your	
  exper@se	
  
•  Show	
  off	
  
•  Give	
  away	
  your	
  advice	
  (Xero,	
  Technora-	
  Media)	
  
•  Use	
  the	
  media	
  in	
  which	
  you	
  are	
  expert	
  
•  -­‐	
  an	
  app	
  developer	
  who	
  doesn’t	
  have	
  an	
  app	
  
•  -­‐	
  a	
  direct	
  marketer	
  without	
  a	
  mailing	
  list	
  
•  -­‐	
  a	
  digital	
  agency	
  who	
  doesn’t	
  blog	
  
•  -­‐	
  a	
  PR	
  agency	
  who’s	
  not	
  in	
  the	
  press	
  
•  Be	
  very	
  available	
  to	
  your	
  prospects	
  

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What's new in Creative Agency New Business Development

  • 1. What’s  new  in  biz  dev?  
  • 2. 7  Key  elements  of  new  business  strategy   •  Inbound  marke-ng  -­‐  Capture  and  track  leads   •  Content  marke-ng  –  editorial  plan   •  Social  media  –  growing  presence   •  Plan  how  to  build  rela-onship  between  awareness  and  purchase     •  Mul--­‐touch,  nurturing  campaigns   •  Re-­‐marke-ng   •  Demand  genera-on  and  automated  marke-ng  –  autoresponders  
  • 3. Pitching  is  going  out  of  fashion   Crowdsourcing  and  freelancers  –  Victor  and  Spoils   Low-­‐value  projects  not  put  out  to  tender   Need  for  brands  to  have  a  range  of  agencies  on  roster  with  diverse  skills   E-­‐Auc-ons  and  procurement  driving  down  margins  [IBM  Emptoris,  Ariba]   Poorly  run  pitches  discourage  quality  par-cipants   -­‐  High  number  of  agencies  on  the  pitch  list   -­‐  Too  liOle  -me  given  to  respond  to  pitch   -­‐  No  budget  allocated  to  brief   -­‐  Increasing  number  of  hoops   -­‐  Addi-on  of  ‘reverse  auc-on’  step   Good  prac-ce  pitching  guidelines  
  • 4. Inbound  Marke@ng  Tools  to  drive  brand  engagement   Pop  ups  and  light  boxes   Searchable  URLs   Commen-ng  on  others’  blogs  and  newspaper  websites   Reverse  IP  Lookups   Give  away  your  exper-se    
  • 5. How  to  build  credibility  for  your  exper@se   •  Show  off   •  Give  away  your  advice  (Xero,  Technora-  Media)   •  Use  the  media  in  which  you  are  expert   •  -­‐  an  app  developer  who  doesn’t  have  an  app   •  -­‐  a  direct  marketer  without  a  mailing  list   •  -­‐  a  digital  agency  who  doesn’t  blog   •  -­‐  a  PR  agency  who’s  not  in  the  press   •  Be  very  available  to  your  prospects