Alchemis new business blog

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I read a really interesting article about staff and customer retention in the insurance industry which made me think about my own business and its priorities.

I think it was Sir Martin Sorrell who famously said that a company’s biggest assets leave the building at 6.00 every evening and I have always supported this viewpoint – keep your staff happy and motivated and your customers/clients will inevitably reap the rewards.

One of our key priorities at Alchemis is to encourage our team of Business Development Managers to take responsibility for helping their clients win new business, thus engendering a sense of ownership for what otherwise could be seen as a monotonous job.

As each Business Development Manager works on a variety of clients from a consumer PR agency to a full service agency targeting the public sector, this also prevents ennui from setting in.

A successful sales team will also thrive on team and individual incentives, which also help to create a competitive and dynamic atmosphere – all of which will ultimately help us to help our clients win more business, which is, after all, why we’re here!

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Well, Saturday was a great day – not only was the weather fabulous but 7 hardy souls from Alchemis gave up one of their precious days off and spent it gardening for a homeless charity in Vauxhall called Thamesreach.

Having raised over £2,500 for the Sport Relief run we wanted to devote our time and energy to something equally deserving and found Thamesreach through one of our Business Development Managers.

They have a large garden which is an ideal space for residents and visitors to relax in. Although hiding some hidden treasures (rose bushes, sweet peas and a variety of vegetables), the garden had become very overgrown with weeds and thigh high grass. Within 4-5 hours the Alchemis team, ably commanded by our very own Monty Don (aka Leggers) transformed the space into a weed free garden worthy of a spot at the Chelsea Flower Show! Most satisfying for all of us were the number of residents who either helped or who were clearly interested in the project.

Our plan now is to visit the garden weekly to help maintain its weed free state and to start planting – watch this space.

If anyone has any good ideas for a south facing wall with hard soil, do let us know (I’m thinking lavender, clematis….)

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There were reports in the press recently that a Labour leaflet campaign was targeting cancer sufferers with a message that their lives could be at risk if a Tory government was to come into power using the strap line “are the Tories a change you can afford?”

Labour claims that they used publicly available social demographic data and the data management company Experian confirmed that both Labour and the Conservatives use its Mosaic database, which divides voters into 67 groups and identifies likely cancer patients using anonymised hospital statistics, including postcodes and the diagnoses of patients.

This throws up interesting questions about what customer information a brand should use in tailoring their communications.

The holy grail of all customer marketing is surely to get to a point where brands can treat their customers as individuals but if they are seen to be taking advantage of someone’s disadvantages to promote a product or service then this risks alienating the customer and potentially turning into a PR nightmare.

As a Business Development Manager I have the advantage of being able to react to information I receive during a conversation and amend my communications accordingly.

When I am making new business calls to marketing decision makers part of my job is to identify ‘pain points’ and highlight requirements that are not currently adequately provided by their internal resources or current suppliers. This gives me a great reason for them to meet my client. However I’m always very aware that identifying pain points is one thing, but overstating them is likely to turn the prospect off.

Quite often the questions I ask are designed to raise these areas in the prospect’s mind but sometimes ‘in their mind’ is enough and these ‘problems’ remain unspoken. If, in their mind they can see a problem that is currently unsolved and match that with a potential solution that my client has expertise in then I’m more than half way there.

In my experience there is such a thing as overselling your benefits and if that is on the back of excessively highlighting a prospective client’s (or for that matter voter’s) problems then you’re bound to risk appearing mercenary or as Phyllis Delik, 80, who received one of Labours leaflets described it “callous”.

What do you think the limit should be on marketers using sensitive data to target their customers, if any?

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