Agency Burnout: Pitch After Pitch is Killing Staff Morale

It’s no secret; the business development process is grueling.  Even Digiday reported in an article earlier this year, ‘Never not on a pitch’: Staffers feel burnout amid agency pressure to pitch new business with fewer resources.” Staffers are, now more than ever, constantly pressured to pitch new business with fewer resources. All of this pitching is leading to one inevitable place… burnout. Agency new business has never been more competitive and things won’t be slowing down anytime soon.

How can agencies avoid this burnout and grow?

The answer in many cases is simple: be more selective. Easier said than done, right? To be more selective, you first need to clearly define who you want to work with. This means being very strict about who you absolutely do not want to work with.

Prioritize your pitchable brands by:

  • Choosing those within your agency’s Right to Win.*
  • Ensuring there is a passion for the brand (vertical, consumer type, etc).
  • Knowing which services and scopes are actually profitable.
  • Finding scopes that matches your expertise.

*What do I mean by Right to Win?
If you can say that there is a “right to win” then you can prove it through case studies and past work examples. When you show prospects this, they will want to work with you just as much as you want to work with them.

Stay Out of the Waiting-On-The-RFP Game

If an RFP comes across your desk that doesn’t fit within these parameters, leave it alone. I know it’s hard to turn away from a potential payday, especially when a feeling of uncertainty surrounds your new business pipeline, but you can be risking profitability or employee churn by putting your teams on projects they aren’t passionate about. Once you have set these parameters, do not stray! Agency new business is a lot like dating. If you know what you’re looking for, you’re more likely to find it, so stay out of the waiting-on-the-RFP game and get into the proactive biz dev game.

Just like in your personal life, being proactive vs. reactive will always lead to better results. Get out there and start hunting for new prospects that fit your agency’s Right to Win. Utilize email, social, and resurgence of in-person events to connect with those brands that you are most passionate about and focus on planting the right seeds of growth with them. 

They may not be a quick fix for cash that some of these ill-fitting RFPs may inject, but what they will do is set your team up for long-term business development success. Happy employees lead to happy clients, and eventually more rewarding work for your agency.

 

So there you have it. A few tips to avoid pitch burnout and set your agency up for new business success. Agency new business is a process, but if you’re strategic about it, the right clients will partner with you when you need them most.

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New Business Trends of 2022 – Part 3 of 3

We’re rounding out 2022 new business trends with a focus on Experimental Budgets. Those elusive and magical dollars are set aside to try new things and open new channels for brands.

We know that marketers’ budgets for testing are continually increasing, but now more than ever is a time when these budgets are no longer afterthoughts. The Pandemic’s disruption colliding with a huge diversification of media and an acceleration of new consumer behaviors means that marketers are having to try new things and look for new creative avenues and media channels to put their budgets. They are doing this too with full knowledge that a large portion of these budgets may not get them a Return on Investment (ROI) immediately.  

Skip the Procurement Approval Process

The ROI conversation is a big one because when you are in a testing mindset, as these brands are, you are willing to look at ROI differently in order to evaluate a campaign more holistically. Rather than just “did sales increase?”, marketers are exploring how else these campaigns may affect the brand image/recognition as a whole. This open-mindedness opens new opportunities for an agency to get their foot in the door.

We have seen this play out over the past 12 months in a number of ways. Recently, one of Catapult’s clients was speaking with a direct-to-consumer mattress company about their 2022 growth goals. They had already set their performance marketing budgets for the year, but what they set aside was $150k/month to try new channels. Because they already have these dollars budgeted, the marketers themselves can sign off on new partners without having to go through the typical CMO/procurement approval process, saving a massive amount of time and energy for our agencies. While $80k may not be a huge initial project, that is a monthly budget, so the calculus is that the program you are running is going to be fantastic and you are going to be able to continue all year – totaling closer to an overall $1 million client.

What the Data Tells Us

If these budgets are easier to get signoff, how do we know they are out there happening at an increased rate? We looked at the data. In 2021, we looked at the number of new agency relationships added to the Winmo database vs agency relationships ended in the database. You would expect these to be close to a 1:1 ratio if you assume these are retainer relationships, one agency wins a new piece of business, and as such another loses. 1 new win, 1 new loss. What we actually saw though was that new relationships happened at double the pace of ending relationships. Essentially, brands are hiring more agencies for projects and experimental work at an increasingly fast pace.

Further evidence to this was looking at our select group of over 50 agencies within the Catapult group and we found that 72% of our agencies’ new work started last year was in the form of an initial project, not a retainer. There are certainly retainers out there to be had and won (and increasing RFPs back that up), but the quicker decisions being made by marketers right now in mass are those with a project background.

We aren’t saying that you only consider project work moving forward. What we are saying is that when you go into an initial fact-finding call with a new brand, be aware of these experimental budgets and keep it in the back of your mind as they talk about opportunities that do or do not exist currently. While they may not be out there searching for a new Agency of Record, we are sure they are looking to find a new way to break through to different audiences and there is money to be spent.

 

The Key Trends Impacting Agency New Business in 2022

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The 12 Ads That Made Us Smile This Season

And on the 1st day of Christmas, my true love (ahem, Winmo), gave to me…

With holiday cheer in full swing, we’re taking a break to celebrate the 12 days of Christmas with our partner Winmo, our clients, and to appreciate the campaigns released this season. 

Catapult is rounding up the top ads that made us smile, and we hope it brings you some cheer too. 

1. Aldi | EBanana Scrooge

We can’t get enough of the fruits and vegetables in Aldi’s holiday ads. The retail chain takes a fun holiday spin on their core message promoting better-for-you options in order to reach health-oriented consumers. We love this year’s edition with a banana and a fun spin on the classic story of Ebenezer Scrooge. McCann WorldGroup gave us this campaign, and it all started with the iconic A Christmas Carrot ad and Kevin the Carrot.

What we’ve known about Aldi during the past two years is that it’s digital ad spend increased, and that trend has continued in 2021 and into the holiday season, according to Winmo Sales Predictions. Learn more with Winmo.

 

2. Amazon | Kindness is the greatest gift

If we learned anything as a collective group this year, it’s that empathy is the glue that keeps us together. The sentiment of this ad hits on emotion and feeling of belonging we’ve all craved during the holiday frenzy. 

The agency Lucky Generals zeroed in on this emotion and communicated the value of kindness over materialism perfectly, showing us that there is a genuine place for this brand in our lives. 

 

3. Disney | The Stepdad

The in-house team at Disney debuted the Christmas Short “The Stepdad” this season and it was a tear-jerker. All we can say is get the tissues ready.

 

4. Etsy | Give More than a Gift

The brand worked with 72andsunny to make a big marketing push for the holiday season, according to Winmo Sales Predictions. The message behind the advert reminds people that connecting with your friends and family is what makes the holidays so meaningful. 

 

5. Home Depot | Does Santa Shop Here?

The Home Depot named BBDO as its creative AOR just this year, and within months released the brand’s holiday campaign. The ad features real retail associates from Alaska and showcases just how far their customer support will go to keep a customer happy…in this case by keeping Santa’s identity a secret.  We love that they’ve kept this lighthearted and close to the brand’s mission.

The Winmo research team reported earlier this year that The Home Depot selected OMD as its media AOR as well. Winmo is predicting that with these two new agency relationships the brand will be increasing their media spend in the New Year. Learn more with Winmo.

 

6. Lego | Rebuild the World

Another beautifully crafted ad that shows how kids can build and rebuild whatever they want using their imagination with Lego products. The ad was created by Lego’s in-house agency and is another stunning spot for the brand’s Rebuild the World campaign, originally launched in 2019.

 

7. Macy’s | Tiptoe and the Flying Machine

BBDO New York created a loveable character named Tiptoe who we met during the Thanksgiving Day parade. They’ve brought Tiptoe back for the holiday season, this time in an advert where the reindeer realizes her dream of joining Santa’s Sleigh Team. It’s cute, it’s inspirational, need we say more?

 

8. Planters | A Nutty Holiday

Ok this one deserves a spot on our list because, well to put it simply, nostalgia. Or NUTstalgia as the ad cleverly puts it. The new work awarded to VaynerMedia after an acquisition by Hormel positions Planters, or what is more notably recognized as Mr. Peanut, as “A Nut Above”, the tagline introduced earlier this year. We’re loving the throwback. 

 

9. Peloton | When Your Workout is a Joy, It’s a joy to workout

Another classic holiday favorite, the story of Scrooge, has been spun by the agency adam&eveNYC to share the joys of working out with a Peloton. Ahead of the New Year / New Me resolutions, this ad is sure to inspire those looking to boost their workout routine. And it really does look like fun, even for a Scrooge.

There’s a lot more activity ahead for the brand in 2022. Learn more with Winmo.

 

10. SNL + HomeGoods | What real moms want

I know, I know, not a serious advert, but the SNL skit was hilariously good and we couldn’t help but add it here. It really did make us smile. The family of brands HomeGoods, TJX, and Marshall’s tends to target women of most ages, and the skit so perfectly hits on the holiday dynamics between mothers and daughters.

 

11. Toyotathon | Bookstore

 

Saatchi & Saatchi put together a spot that shares a heartwarming story of togetherness and community with Toyota at the center. The agency has been leading the campaign for the new 2022 Tundra, which is prominently featured in the advert. 

 

12. Wegmans | Happy Together

Lastly, we picked this cute advert from Wegman’s. It’s another advert that really shows the reason for the season, being together. The agency Optic Sky brought this one to life and shows us how Wegman’s brings people together during the holidays.

 

 

The message is clear this year, brands want to find a place in your life where you can make genuine connections with other people. We’ve thoroughly enjoyed putting this list together, and hope it brings you happiness this holiday season!

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New Business Trends of 2022 – Part 2 of 3

New Business Trends of 2022

The past two years forced many agencies to take a hard look internally at their business development efforts. When the Pandemic began, paused agreements and decreasing scope were standard across huge swaths of most client bases, and new client acquisition needed to happen quickly. That increased need has caused many medium-to-large-sized agencies to take on a true “sales machine” mentality. No longer sitting back and saying “if you build it they will come”, these shops are competing by saying “we will bring it to you”.  

With this shift in mentality, expect to see more competition than ever from other agencies this year. Outbound activity will be at an all-time high from all of your competitors.

Agency Tenure

This “bring it to you” approach of new business is especially important as you begin to realize the timing of how brands buy. In the past, the generally accepted timing of agency tenure was somewhere around three years. Every three years a brand would be out hunting for a new creative or media AOR. If we make that assumption to be true, that would mean that 33% of brands in a given year are shopping. Not too hard to find 1 out of 3, right?

Well, the assumptions made about agency tenure are deceiving. Catapult evaluated over 2,500 relationships that were tracked in Winmo and we found that the actual average tenure of a brand/agency relationship is 5.9 years! Almost double what the assumed tenure is.  

Total Addressable Market and Competition

The more growth-aggressive agencies are building a sophisticated sales machine to get in front of these brands. They understand that in order to capture the 17% of brands shopping for an agency, you need to spend time educating and interacting with a higher percentage of the Total Addressable Market. You can’t ignore the other 83% that aren’t in a position to buy today, because they may be in position tomorrow. We certainly can’t force them to have a need or to go into an RFP, but we can proactively find ways to stay in front of them and lay the foundation through value-added content and conversations. It’s recognizing though that new opportunity conversations don’t always have to end with a budget and a win, sometimes the win is just in making the connection with your prospect by showing value in a unique and meaningful way.

The “sales machines” that are being built to capture business both have an eye on the 17% and the 83% discussed, but it’s not easy. In order to do that, you need both 1:1 human outreach for the 17% using both data and insights, while also spending time educating the other 83% through content, PR, SEO, and SEM methods. Neither of these paths work truly alone in a vacuum, and a more holistic approach is what is needed to ensure that you are able to compete with all the increased activity from your competitors. If you begin to slack in any one area of this approach, it will have a negative cascading effect on your entire new business process.  

Finding the Right Opportunities 

Below is an example of a tech stack and outreach flow that our team utilizes to go after the 17% of buyers that are looking today. This takes time, organization, and accountability to consistently use the data at hand in a very structured process in order to produce the types of meetings that we know will result in revenue. The key here though is the process. The clearer and more structured your process is in the beginning, the easier it will be to customize, adjust, and scale as you learn which prospects are falling into the 17% and which are in the 83%.  

 

 

With so much disruption happening, agency opportunities are at an all-time high and it’s going to be a highly competitive year ahead. Is your sales machine running at full speed?

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New Business Trends of 2022 – Part 1 of 3

New Business Trends of 2022

Success in the new year hinges on our ability to understand and predict the current and future market conditions around our business. For agencies, the last year and a half have brought near-constant change and amplified some of our most difficult challenges. Notably, new business development is the challenge many face right now in order to rebuild their revenue streams.

For years, business development has been an exercise in waiting for word-of-mouth and referrals to work for your agency. The hope is that if you do good work, it will be recognized by others, and they will then in turn reward you with more work. While this does happen, in an environment like the one we have in 2021 and 2022, waiting on others just is not going to cut it. In order to proactively build back our revenue, we need to understand what trends are affecting our business and how to take advantage of them for our own gain. We see three major new business trends happening now, and the first is all about people movement.

The Great Resignation

We Are Rosie recently did a study and over 63% of their survey participants said that they plan to make a job change before the end of this year. This is probably of no shock to anyone running a business right now, as we have all felt the sting of employee churn in one way or another. Whether it is an employee leaving your agency or a valued client contact leaving a brand you work with, employee movement has been near an all-time high.  

What is key about this is understanding that this movement, while disruptive to almost every area of your business, is also a massive opportunity.

Disruption is good for new business

The biggest indicator of a brand about to go through an agency review are CMO shifts.  Change. Disruption. You know what follows a CMO shift in those reviews? VP, Director, Brand Manager shifts. All of those people moving around signals changes within brands and each new person that steps in to fill the open roles left by the leaving employee brings their own new preferences for partners. Each (no matter how small) employee disruption within a brand brings a new opportunity to network, learn, and eventually partner to solve that brand’s most pressing challenges.  

With disruption comes opportunities to proactively drive the type of word of mouth and referrals that your teams need and want to increase your overall revenue. The key here is to be proactive in driving those referrals and not waiting around like in years past. That proactivity comes from creating a simple networking process in place for all of your key executives. If there is no process, then we know it will not get done. Networking almost always takes a back seat to things like client work and new pitches, so if you are not committed to dedicating time and energy to this practice, then it will surely be a short-lived fad within your firm.

Core Network Activation (as we like to call it) is as simple as:

  • Dedicate 15 minutes every morning to your networking outreach.
  • Create an immovable calendar block, so that culturally you commit to doing this every day.
  • Within that 15 minutes, the plan is to do 3 points of outreach, 5 minutes each.
  • Each outreach will be a simple, direct message simply to stay visible in a time of isolation.
    • Comment on their brand’s latest news, check in on that vendor you always work with, if you have known them for years – ask about their family
  • Be proactive in your referral request:
    • “Who do you think would be interesting for me to know?”
    • “You know our best clients are similar to you, who comes to mind that you think I should talk to?”

 


At Catapult, Core Network Activation is something that we do every day for ourselves and our clients, and it is key to kicking up dust on conversations that may have gone dark or reigniting a spark that died down when life got in the way of a client we were trying to work with. The key here is that with all of the movement and disruption that The Great Resignation is bringing to brands (and agencies alike) your new business plan has to be one that takes advantage of that disruption.  Not every proactive new business outreach has to be a cold one.  There are plenty of warm opportunities out there if you take the time and energy to cultivate them. 

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How to Encourage Client Referrals & Testimonials for More New Business

Wouldn’t it be great to assign your agency’s new business responsibilities to your clients? That’s exactly what you’re doing when you have strong strategies in place for referrals and testimonials.

Client testimonials offer valuable social proof that you’re excellent at what you do. But many agencies lack a solid process for securing them. And referrals are a highly effective way to connect with new prequalified clients, but often referral requests fall short because they’re missing simple but crucial ingredients.

In this talk, you’ll learn how to consistently and successfully get testimonials from your clients. Plus, you’ll discover how to make it easy for your clients and others in your network to refer you to prospects who need what you do.

Key take-aways:

  • Why referrals and testimonials work harder for you than almost every other business development technique
  • The most consistently cited methods clients use to discover new agencies
  • When to ask your client for a testimonial (it’s earlier than you might think)
  • The wrong way and the right way to ask for referrals

Once you fill out the form, a recording will also be sent to you via email.

Watch This Webinar Now



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Brands Are Searching for 2022 Partners Now

Brands are searching for 2022 partners now

When planning for the new year, the common perception is that most companies begin planning their new year goals sometime around the Thanksgiving holiday and will not firm up their final plans until the end of the year…at best.  In fact, with the hustle of closing out a year, most will not begin goal and execution planning of their new year until January when that new year begins.  Instantly putting themselves behind the eight ball.

Here’s what we are seeing from brands planning right now

Our team did a recent survey of 50 meetings held in the month of September with brands interested in their agency’s services.  What we found was that 30% of the meetings were strictly focused on solving 2022 needs.  Four months before the new year these brands are already identifying their growth needs and evaluating partners to help them solve those challenges.  

This same survey showed that the remaining 60% of meetings were a combination of solving year-end and 2022 needs, with just 10% of the meetings focused on affecting this current year.  Most of that 10% were smaller digital projects to fix an immediate issue with a current vendor that was not performing well.  Although 60% of meetings were talking about “combined” this year and next, the majority of those were “hopeful” that they could affect this year, with the focus being on effecting next year.

Don’t miss out on Q1 revenue for the new year

Understanding ahead of time what your prospects are looking to affect and when they need to affect it is massively important to how you approach your prospecting efforts and language.  It also means that your goals for your new business plan need to be adjusted properly.  The work you do in late Q3 and Q4 to drive new business growth is revenue that won’t be seen until Q1 of the next year.  If you, like many agencies we have seen, wait until after the holidays to start your new business approaches, you will miss out on all of the Q1 revenue because those decisions are being made now.  

The holiday season can be a powerful time to make meetings and opportunities happen specifically because so many agencies are slowing down their new business efforts.  We have always felt that when your competition slows, you should accelerate, and if you want to be leading in 2022 you better be accelerating your efforts now in Q4.  Q4 conversations equal Q1 dollars.

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Get more out of your case studies

Get more out of your case studies

Case studies are useful guides to educate and influence your prospective new clients. While there seems to be a general consensus on the case study structure most prospects expect to see, there are real issues in how firms are presenting them. These issues can cause one of two things to happen:

  1. The case study is not read at all
  2. The case study is not convincing or impactful

Here are a few tips to get your case studies read and help your agency new business efforts:

Focus on the problem, not the solution

Human nature is wanting to talk about yourself (in this case your agency) and all the great things you did to provide an amazing solution for your client. The problem of course is that human nature from your prospect’s side is that they care about themselves, and prospects don’t identify with your solution, they identify with the problem. Help them identify that you understand their problems better than anyone else by focusing the majority of your case study on recognizing and outlining the problem they face from a brand and market perspective.

Shorten your case study

Early buying stage prospects are short on time and attention span. Help get directly to the part where they have identified their similar problem and are intrigued by an amazing result quickly. This means you need to have a graphic of your results (ie, 205% ROI) at the very beginning of your case study, and you need to give either a brief or dive right into a short description of the problem at the outset. Also, you don’t need to go through every detail of a campaign in the solution, just highlight those largest areas of impact and save some words for either your pitch or break them down in breakout areas (see below).

Make multiple versions of the same case study

Landing page, 1 sheeter, Deep Dive, Breakout Page. When you are in the new business process, a case study may have different uses. Create a landing page to use for gathering interest during a drip campaign with the goal being a lead conversion. Use a 1 sheeter as a teaser or interest driver for someone that you are in early-stage conversations with. A Deep Dive deck or page is where you can get a bit more long-winded and is useful once you have talked to a prospect about a past project and they are now interested in those solutions.

Lastly, use a Breakout Page as a mini-case study for an individual action that you took in a larger campaign to highlight that particular part of the case study’s effectiveness. If you can match up the proper version of the case study with where someone is in the buying journey you are more likely to generate a positive response.

After a year and a half of the market going through radical changes, the way you present your case studies at each stage of the new business cycle is incredibly important. Don’t forget that some of your case studies may also have prematurely aged because of the pandemic forcing massive changes to the market. If this happens, it doesn’t mean that you have to toss an old case study, just find ways to focus on specific aspects you believe can be used across verticals by focusing on the specific problems.

Case studies are important for any agency’s new business effort, don’t let yours get ignored. The work you have done is no doubt amazing. Let’s make sure people actually see it.

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Win More Podcast

Win More Podcast

Recently we had the opportunity to join team Winmo on their Win More Podcast to talk everything agency, or at least as much as you can cover in 40 minutes.  Throughout our conversation we talked about:

  • Challenges facing agencies pre and post pandemic
    • Generating agency new business in a sea of sameness
    • Finding your Right to Win clients
    • Keeping your employees passionate about your new clients
  • Diversity & Inclusion
    • How this is more than a trend and why agencies have been and need to continue to focus on this in order to better serve their clients, employees, and consumers
  • The rise of RFPs
    • They’re baaaack…what to do, and how to avoid falling in the same old RFP trap
  • Campaigns that we like right now
    • From the socially aware and more serious campaigns like Absolut’s #mixresponsibly to the slightly less serious Dr Rick from Progressive teaching millennials to sit down without making a sound
  • Case Studies in the new reality
    • What do you do with your case studies in your new business efforts after those case studies have prematurely aged because a little pandemic changed your prospect’s entire market?
  • Hot to continue to grow
    • Omnichannel outreach includes outbound biz dev, inbound efforts, SEO, PR, Paid Media…which should you use?

We have a lot more to come on these different topics around agency new business, but hopefully this great conversation with John Zaldonis at the Win More Podcast will get things started!  

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Your agency has a sales culture and it may be holding you back

Your agency has a sales culture and it may be holding you back

Every day there are more and more articles posted about the importance of your overall corporate culture.  Like this one from CEOWorld.  Agencies, in particular, tend to put an emphasis on ensuring their attitudes and beliefs are front and center on their websites in order to show their overall corporate culture.  What many of them fail to realize is there’s a secondary culture that may be holding them back, and it has to do with the way that they bring on new clients. Your sales culture is different from your corporate culture. It specifically revolves around the people, processes, and approach that you take to bring on new clients.

Corporate culture vs. sales culture

While your overall corporate culture certainly impacts this subculture, your sales culture does have a life all its own.  Now many agencies would say “we don’t do sales, so that doesn’t apply to us.”  False.  You do bring on new clients, whether they come through WOM, referrals, or outbound sales, so any interaction you have with a new client is what makes up your sales (or business development) culture.

The way you speak, interact with, present, and deliver proposals to prospective clients is massively important to ensure they are not only impressed with your work, but feel connected to your culture in a positive way.  Many agencies spend so much time ensuring culture is felt internally that they miss the ways culture is reflected externally by those in charge of new business. 

Three things that can hold back your new business and negatively impact the way your culture is viewed

1. You are too attached to the sale. 

A LOT of blood, sweat, and tears can go into a great client pitch. And while that’s important, you should care about winning business that you are passionate about!  BUT, there is a tipping point where prospects can feel you are invested in only the win and closing their business.  In the sales world, we call it commission breath.  People know when they are being sold to make the seller money vs when they are being sold to actually help solve a problem.  The best way to show a client you care about their needs is to simply be willing to walk away if it’s not a true fit.  Tell them that upfront.  Let them know you aren’t a perfect fit for everyone.  Scarcity is value.  The more you pull back from people and let them decide, the more those same people will push forward to hear more about you and your business.

2. Your sales process isn’t a process at all.

We started this off by talking about how many agencies believe they “don’t make sales”, and that tends to show up during the overall courting process.  This means mistakes are routinely made when it comes time to have a needs analysis call or the proper follow-up after a first or second call. It also happens when a proposal deck should be submitted or how to push for those final pitches and closes.  A well-structured approach that feels organized and on time is easily recognizable from a prospect. It also gives them comfort that this is not new to you and your team.  You’ve been here before and will give them confidence that you can be a trusted partner.

3. You don’t understand what your prospects are trying to achieve.

Certainly, you know they want a new website, I mean they told you that.  What you may have missed is helping them diagnose the real problem. The problem that is keeping them from achieving their larger goals that they may believe a new website will fix.  A great new business process will properly uncover those buried problems. It also helps your ability to pitch the work and your prospects better understand exactly what they need.  Prospects need to realize you are not just a service. You are a true expert ready to have a higher-level conversation that uncovers their needs. Only then will be positioned above others when choosing who is getting their work.

 

Keep focusing on your total culture. But don’t ignore that the way you view, prioritize, and organize your new business efforts is a culture unto itself and it is on the front line every day.  For your prospects, your actions speak louder than words on a website.

 

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Prospecting Outreach That More Effectively Opens Doors

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Winning Your Next RFP: Get on the Brand’s Winning Shortlist
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On Demand Webinar: Getting Started With Lists

On Demand Webinar: Getting Started With Lists

Research shows that brands are not only looking at capabilities but industry expertise and...

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Agency Burnout: Pitch After Pitch is Killing Staff Morale
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Agency Burnout: Pitch After Pitch is Killing Staff Morale

It’s no secret; the business development process is grueling.  Even Digiday reported...

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New Business Trends of 2022 –  Part 3 of 3
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New Business Trends of 2022 – Part 3 of 3

We’re rounding out 2022 new business trends with a focus on Experimental Budgets. Those elusive...

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The 12 Ads That Made Us Smile This Season
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The 12 Ads That Made Us Smile This Season

And on the 1st day of Christmas, my true love (ahem, Winmo), gave to me… With holiday cheer...

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New Business Trends of 2022 –  Part 2 of 3
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New Business Trends of 2022 – Part 2 of 3

The past two years forced many agencies to take a hard look internally at their business development...

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New Business Trends of 2022 –  Part 1 of 3
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New Business Trends of 2022 – Part 1 of 3

Success in the new year hinges on our ability to understand and predict the current and future...

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How to Encourage Client Referrals & Testimonials for More New Business

How to Encourage Client Referrals & Testimonials for More New Business

Wouldn’t it be great to assign your agency’s new business responsibilities to your...

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Brands Are Searching for 2022 Partners Now
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Brands Are Searching for 2022 Partners Now

When planning for the new year, the common perception is that most companies begin planning...

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Get more out of your case studies
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Get more out of your case studies

Case studies are useful guides to educate and influence your prospective new clients. While...

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Win More Podcast
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Win More Podcast

Recently we had the opportunity to join team Winmo on their Win More Podcast to talk everything...

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Your agency has a sales culture and it may be holding you back
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Your agency has a sales culture and it may be holding you back

Every day there are more and more articles posted about the importance of your overall corporate...

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Q2 is Over, But 2021 is Only Getting Started
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Q2 is Over, But 2021 is Only Getting Started

It’s been six months. Six months of a slow, methodical, pragmatism by the market to get back...

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6 Ways Video Meetings Have Improved Client Relationships
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6 Ways Video Meetings Have Improved Client Relationships

It’s been over a year since we all began the trial and error of remote working and virtual...

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Better Predict Your Future New Business Success
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Better Predict Your Future New Business Success

2020 has taught us many things, but one of the biggest learnings has been around most of our...

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Featured Author Post: Operationalizing Your Agency’s New Business Strategy
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Featured Author Post: Operationalizing Your Agency’s New Business Strategy

By Jody Sutter New business is one of those responsibilities that should be fully integrated...

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Why Your Biz Dev Team Needs Those Updated Assets
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Why Your Biz Dev Team Needs Those Updated Assets

Is your agency completely overwhelmed with an insanely busy month? One where your team has...

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What Business Development Director Persona Does Your Agency Need?
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What Business Development Director Persona Does Your Agency Need?

In the past, we’ve talked about what qualities you should look for in a Business Development...

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6 Conferences Your Agency Should Attend in 2021
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6 Conferences Your Agency Should Attend in 2021

By now, our “new normal” feels a little less weird and a lot less chaotic than...

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How to: Use a niche when your agency is full service
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How to: Use a niche when your agency is full service

Agency Type Full-Service Creative Target Consumer Goods The Process Many agencies that have...

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New Business Opportunities in 2021
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New Business Opportunities in 2021

By now, many of you have read the original and probably seen articles referencing AdWeek’s...

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How to: Find a meeting in the financial sector
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How to: Find a meeting in the financial sector

Agency Type Brand and Customer Experience Target Finance & Professional Services The Process New...

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Top Tips for New Business Prospecting During the Holidays
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Top Tips for New Business Prospecting During the Holidays

The holiday season can be a tough time for new business pros as they try and navigate prospects’...

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How to: Create a New Business Opportunity in 11 Days
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How to: Create a New Business Opportunity in 11 Days

Agency Type Creative Production Agency Target Food & Bev, Small-Mid Size Companies The...

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The tech stack you need for proper agency new business development
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The tech stack you need for proper agency new business development

Every year the tech stack available for agency new business pros changes exponentially it seems. ...

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Is Your Agency Ready to Outsource Lead Generation?

Is Your Agency Ready to Outsource Lead Generation?

Outsourcing lead generation is a great option for many agencies. It supplements already over-taxed...

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How to Accelerate Your Agency’s Lead Generation During a Market Shift
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How to Accelerate Your Agency’s Lead Generation During a Market Shift

Given the recent market shifts, everyone’s asking themselves, “How do we get incremental new...

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Prospecting For Agencies In Today’s Climate: Three Key Elements of a Successful Email
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Prospecting For Agencies In Today’s Climate: Three Key Elements of a Successful Email

The conversation around email is different than what it would have been just three weeks ago,...

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Three Things Your Agency Can Do While Others Are Standing Still
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Three Things Your Agency Can Do While Others Are Standing Still

You’ve built and run an agency because you wanted to change (or at least impact) the world....

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6 Interview Questions For Agency Business Development Directors
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6 Interview Questions For Agency Business Development Directors

The average agency-client relationship lasts 36 months, which means at any given moment one...

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Attract The Game Changer Client For Your Agency
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Attract The Game Changer Client For Your Agency

The new year is here. And now is the time you’ll activate the plan you’ve spent countless...

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It All Starts With The Target List: Steps To Efficient Proactive Prospecting
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It All Starts With The Target List: Steps To Efficient Proactive Prospecting

When embarking on a proactive prospecting program, there are some core steps that can’t be...

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The Ultimate Agency Growth Funnel
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The Ultimate Agency Growth Funnel

Can you believe we’re approaching an entirely new decade? As you begin planning for 2020 new...

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A Brand New Look For Catapult

A Brand New Look For Catapult

Big news today! After almost twenty years, we’re introducing a brand new look for Catapult...

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Preempting A Review From Mirren’s Brent Hodges

Preempting A Review From Mirren’s Brent Hodges

When a new decision maker arrives, when do you move to preempting a review? It can hit like...

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16 Must-Know Prospecting Stats For Your Agency

16 Must-Know Prospecting Stats For Your Agency

Prospecting for a strong pipeline is your first hurdle in the new business process, and is...

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Agency Awards To Consider In Q4
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Agency Awards To Consider In Q4

Awards are the best way to get independent feedback on the quality of your work. We understand...

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8 Tips For Closing The Sale
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8 Tips For Closing The Sale

Let’s set the scene here: You’ve managed to secure a meeting with a C-level executive for a...

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Four Tips to Help You Craft a Powerful Pitch For Your Agency

Four Tips to Help You Craft a Powerful Pitch For Your Agency

Your elevator pitch is the most important tool for converting strangers into clients. And guess...

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4 Essentials to Sustainable Agency Growth
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4 Essentials to Sustainable Agency Growth

What does growth even mean? We find most agencies think growth is about adding more and more...

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The Top Marketing and Advertising Associations to Join Right Now
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The Top Marketing and Advertising Associations to Join Right Now

As an agency owner, you’re overwhelmed. Just managing the everyday stuff – client emails,...

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Agency Myth: Narrowing Your Focus Results in Missed Opportunities
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Agency Myth: Narrowing Your Focus Results in Missed Opportunities

You hear it all the time – brands are moving more advertising and marketing functions...

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Key Takeaways From The 2019 Ad Age Small Agency Awards

Key Takeaways From The 2019 Ad Age Small Agency Awards

This was my 6th consecutive year attending the Ad Age Small Agency Awards, and it is consistently...

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The 40% Rule and Why it Matters for Agency Growth

The 40% Rule and Why it Matters for Agency Growth

Agencies that follow the 40% rule are more successful in consistent growth over time. The rule...

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Apply for These Agency Awards in Q3

Apply for These Agency Awards in Q3

While it’s exciting to win an award within your industry, most people question whether...

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Agency myth: Summer is the worst time to prospect.

Agency myth: Summer is the worst time to prospect.

  Believing that summer is the wrong time to proactively prospect could be detrimental...

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The Ultimate List of Q2 Agency Awards Your Team Should Be Applying For

The Ultimate List of Q2 Agency Awards Your Team Should Be Applying For

At Catapult, we believe today’s agencies are creating incredible work and are always looking...

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5 Tips For Building Your Agency New Business Development Program

5 Tips For Building Your Agency New Business Development Program

Agency new business development is at its peak of importance for several reasons. To start,...

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The Top 4 Agency Growth Challenges In 2019 – And How To Solve Them

The Top 4 Agency Growth Challenges In 2019 – And How To Solve Them

Growth is not optional. It’s essential to the survival of your agency. As the landscape continues...

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3 Rules to Overcoming Sales Objections for Agency New Business

3 Rules to Overcoming Sales Objections for Agency New Business

My very first day at my very first job was as a holiday sales associate at Best Buy. The 16-year-old...

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Technology Is Not the Key to Your Agency’s Success
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Technology Is Not the Key to Your Agency’s Success

For years there has been an ongoing race to obtain the most recent and advanced technologies...

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4 Steps For Building The Ultimate New Business Funnel

4 Steps For Building The Ultimate New Business Funnel

Sometimes the odds of forecasting accurately is about as successful as flipping a coin. Aside...

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On-Demand Webinar: 3 New Biz Tips To Better Connect With CMOs in 2019
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On-Demand Webinar: 3 New Biz Tips To Better Connect With CMOs in 2019

Live Webinar | Register Now Hosted by Matt Chollet & Betsi Nelson When it comes to agency...

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This Hall-of-Fame Football Coach’s Secret Weapon Will Improve Your Agency’s New Business Calls

This Hall-of-Fame Football Coach’s Secret Weapon Will Improve Your Agency’s New Business Calls

What happens in your agency after the new business call ends? For too many agencies, it goes...

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Agency Execs: Ad Age’s Best Places to Work 2019 Is A Wake-Up Call

Agency Execs: Ad Age’s Best Places to Work 2019 Is A Wake-Up Call

The employment rate is currently sitting at 3.7%, the lowest it has been since the ’60s. At...

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The Pre-Call Strategy That Will Always Push the Sale Forward

The Pre-Call Strategy That Will Always Push the Sale Forward

Are you dissatisfied with how your last sales discovery call went? Do you often find yourself...

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10 New Business Tips From An Agency Search Consultant

10 New Business Tips From An Agency Search Consultant

New Business Directors have an ever-growing list of responsibilities and time continually serves...

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The CMO Sweet Spot for Agency New Business
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The CMO Sweet Spot for Agency New Business

As the business development lead at your agency, you may already have a solid understanding...

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Sample

“Catapult came to the rescue and saved me from what otherwise would have been a long and stressful situation. To have been provided with a business development professional with that level of experience and understanding of my business, well, I just couldn’t have received that anywhere else.”

Co-founder, Full Service Marketing Agency

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