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Archive for July 2010

New business – who pays wins?

I echo the views of Martin Hamish of the IPA following the news that Thomas Cook are to demand a ‘signing on fee’ to the lucky agency who wins their business. The word Martin chose was ‘outrageous’ which pretty much reflects the views of most of our clients, who are typically creative, marketing and communications agencies.

This attitude of large brands and advertisers is having a major impact on the agency world and is one of the main reasons why we recommend getting our agencies ‘under the radar’.

This approach avoids the pain, expense and stretched resources of procurement and pitching which frankly most agencies can do without, particularly in this climate.

Sales team round up for Q2

The second quarter of the year has been even better than the first in terms of the performance of our business development managers. It was with some relief that we navigated the traditionally sticky period of April-May in good shape and then broke records in June.

June normally marks the beginning of our most productive period through to November. Despite what one might think August is normally a very good month despite it being ‘holiday season’. We tend to find that for every decision maker that is on holiday the day we call there will be several more that are having a quieter than normal day and are available to talk.

June has been the best month for absolute number of meetings set for at least 4 years. I put this down to 2 reasons;

1. World cup related incentives – we have been running world cup related incentives since May including ‘players for meetings’ where one selects a player every time they set a meeting and this player then earns fantasy league points with big prizes up for grabs for the most points. Once a player was picked they became unavailable for selection UNLESS a New Business Manager had a spectacular day. The opportunity to watch the big games in the pub for hitting team targets also proved very effective. I doubt I’m the only Sales Director to have exploited the World Cup in this way. The Olympics can’t come around quick enough

2. Bigger Sales Team – we welcomed 3 new colleagues to the team in May and June. More people means more calls means more meetings.

Although the World cup is coming to a close it’s business as usual at Alchemis and we’re confident we can have a cracking summer. The next update will include a match report for the annual Alchemis Rounders match scheduled for 9 July.