Gideon Spanier highlighted in the Evening Standard on 19th July that the most successful creative agencies were built on long-term client relationships.

 The focus was on the advertising industry and cited example agency/client relationships such as AMV and Sainsbury’s (30 years plus), DDB and Volkswagen (50 years plus) and JWT and Shell (47 years). These large agencies don’t fit the Alchemis client base profile, but it is interesting to view the reasons why these relationships have withstood the test of time. The usual statements and parallels are made – “The secret of success is as simple and as hard as in marriage” (Stephen Woodford – Chief Executive of DDB). Cilla Snowball (what a fantastic surname!) of AMV says “the relationship, the work and the output have to be bigger than the individuals at any point in time”. Nigel Bogle of BBH said of the departure of the Levi’s account that it felt like “your arm has been cut off”.

 These are all the things a client of any agency would want to hear, but what does it actually mean? Of course you work hard for your clients and losing one is a painful experience. Whilst it is not common at Alchemis, we do lose clients from time to time, and it is gut wrenching when it happens. However, reading between these slightly clichéd comments, the article, in fact, does capture the essence of a strong working relationship which applies to the Alchemis/Client relationship as well. An open, honest approach with constant evaluation and evolution is fundamental. An agency should never get complacent. There are numerous others out there with enthusiasm and fresh ideas waiting to grab that account, so you need to stay focused and constantly supply innovative, quality output. However, therein lies the opportunity. “The average client-agency relationship is only four and a half years” highlights Snowball. With the scale of creative requirement in the UK, that means opportunities for our clients. If incumbents get complacent, don’t quite deliver as they have before, or the company requires a new approach/change in direction and a new way of communicating, we need to ensure that our clients are in place to win that business and that is what Alchemis is good at. We have the tools and processes plus high quality New Business Managers to ensure that we are speaking to those prospects at the right time.

 I don’t want to sound too sceptical, but I do think the article needs to be taken with a pinch of salt. These 30 year plus relationships are great and show that the agencies involved must be producing quality output. However, these are “glamour” accounts. There is no doubt that the agency will ensure involvement from the top level. These clients will win that agency new business and as a result don’t want to be lost at any cost. However, is that the case for all of the clients under that agency banner? With independently owned and run companies, senior (owner) level involvement is the norm on each and every account. Livelihoods depend on it. That is the case for 99.9% of Alchemis clients (and most other small to medium sized agencies), but it really is something that prospects like to hear when being courted by a new agency.

I was at a meeting yesterday with a really interesting agency (genuinely imaginative, innovative and pioneering; they’ll know who they are if they’re reading this) and one of the most common objections for outsourcing business development to an agency like Alchemis came up.

The objection is similar to the emotional response of passing over your child to someone else (something most parents experience when their child first goes to a childminder or to school). Most of our clients are small-medium sized agencies and are owned and run by a founding partner, therefore handing over responsibility for contacting prospects and articulating their proposition on their behalf can initially prove unsettling. How can I entrust my child to another person? How will they able to put across my offer to prospects when they haven’t grown up with it? See how easily the experiences can get blurred…

The rational response to this is that someone from the outside can add great value to your business/child. We all fondly remember a teacher who made a difference to our lives by pointing us in a direction we hadn’t previously considered or opening our eyes to an author we hadn’t previously read. Run with the analogy and you’ll rationally understand that an outsider (with 23 years experience in this market) can add enormous value to your business, helping to refine your proposition to work in this current marketplace for example.

However, it’s the emotional objection that is the most difficult to overcome, which is why we always insist on our prospective clients meeting our team of New Business Managers prior to appointing us – the only way they will ever truly feel comfortable with handing over their child is by spending time with the childminder.

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.