Agencies should get 70%+ of their new net revenue from referrals but that does not mean you shouldn’t have a concerted new business effort as well. When you count on referrals and referrals alone, you are beholden to accept whatever client walks in the door. They might be too small, too big, out of your industry expertise or a jerk. You need to be cultivating targeted leads and opportunities so you can be choosy on the referral side. My podcast guest Alex Berman believes that he and his team at Experiment27 have cracked the code for agency biz dev efforts. They’ve experimented with many different lead generation channels (cold calling/emailing, directories and sponsorships, agency partnerships, meet-ups and in-person events) to help put more wins in the agency’s new business column. Hear what Alex and his team are doing for their clients and explore if you think the tactics might work for you as well. The massive opportunity outbound marketing provides for agencies How to know if your marketing strategy is the right marketing strategy What to measure with your tracking software to make sure your leads are working The best lead generation channels for capturing leads Tailoring cold calls to the target Why cold emails need to be short and to the point Partnering with other agencies to take on overflow work/give away your overflow work How to capture leads at meetups/in-person events Making yourself memorable by connecting people How to do the follow-up right (it differs if you’ve actually met them or not) Why you need to set a KPI Alex Berman is the founder and SVP of Operations of a marketing and lead generation firm Experiment27. Alex is responsible for generating over $2.5 [...]

You hustle hard to get business, win a big account, spend the next three months up to your ears in work, and then it's all over and your pipeline is empty again. Sound familiar? It’s the feast or famine cycle of agency new business. It seems that we can counsel our clients about the importance of new business sales and the whole lead gen thing but somehow we can’t seem to get around to doing it for ourselves. My podcast guest Dan Englander and his team at Sales Schema are the experts at solving the agency sales, lead gen, and new business problem.  Dan and his team have a systemized process that they believe can put prospects into your pipeline and money into your pocket. Dan and I will walk you through the important steps he takes when counseling agencies including: How Dan helps agencies fill their sales pipelines Why you can’t rely on referrals from your network for sales Why creating content is not a sales strategy Why you need to systematize pipeline work and why you need to allot daily time for working on your pipeline Honing in on a particular niche when generating quality leads Why driving prospects to your website is not what you want to be doing Why you need to have a follow-up plan in place for your cold emails Why you need to get on the phone with a lead as soon as possible How to word cold emails so they actually resonate with cold leads How Dan’s company helps agencies hone in on their niche Why cold emails have to come from a real person (and which person inside an agency they should come from) Why you [...]

My podcast guest Phil Gerbyshak is the walking, talking definition of a social connection. Phil takes great delight and is a master at using all things social to help businesses gain that next great client by making authentic connections.        For Phil, it’s not that Twitter, Facebook or LinkedIn are the end all and be all of social tools but instead Phil’s focus is on using the social tool of your choice to get to know and connect with your peers, clients and the world around you. By being valuable and by sharing what you know, you open up the door for opportunity.   We had a great conversation about social selling and what that can mean for agencies today: Social selling: getting people to convert for you Making a connection with someone online (this isn’t a follow or a like) Why keyword targeting isn’t necessarily the best path to success Why Phil actively connects people he thinks should know about each other How Phil uses LinkedIn as a powerful sales and research tool Why you have to share content that isn’t your own Why you should congratulate your competition — and why you need to be genuine about it Phil’s strategy for creating content people need and starting conversations Cultivating and leveraging testimonials How to use your pinned post wisely Things you can do right now to start putting into practice the ideas from this episode Phil’s podcast “Conversations with Phil” Phil Gerbyshak is a speaker and a trainer, who delivers programs on the power of technology, social selling and connection. With a unique speaking style—part technology and sales expert, part entertainer—Phil keeps his audiences awake and engaged while providing micro-tactics to help you [...]