The Sutter Company Blog
76 FOLLOWERS
Welcome to the Biz Dev Blog, your source for insights, inspiration, and practical how-tos to help you master agency business development. Hi! I'm Jody Sutter. You'll have the benefit of my years of experience in ad agency new business and marketing. I'm a business development coach with 25 years of experience.
The Sutter Company Blog
2w ago
Photo by Roger Harris
I was working with a client to help them prepare for a series of introductory meetings they have scheduled with several new business prospects next month. This is a digital agency with a very defined niche and value proposition for businesses in that niche. They’ve had great success in the UK and Canada and now they’re hoping to expand their business in the United States.
So, they’re fortunate in many ways, but they still face obstacles. While they solve a significant problem for their clients, it’s also a large and complex one and because of that, these businesses have b ..read more
The Sutter Company Blog
1M ago
Photo by Pierre Bamin on Unsplash
Winning the pitch hinges on your ability to perform a crucial task: communicating to your prospect that your agency is more qualified to do the job successfully than your competitors.
You do this by:
Demonstrating knowledge you’ve gained from past relevant experiences.
Proving, through case studies and client testimonials, that you’ve successfully solved similar problems in the past.
Showing you have a methodology or approach that leads to repeatable success.
Offering insights or a point of view that you’ve cultivated over time and through experi ..read more
The Sutter Company Blog
3M ago
I spent some time last month with a group of agency leaders during my New Business Blueprint annual planning masterclass teaching a framework for an annual new business plan that is
Simple
Built on a strong strategic foundation
Designed to get done, not just languish in a file on your laptop
What about you? Were you able to take the time to develop a plan for new business growth this year?
If you didn’t, it’s not too late to start, but start soon.
And if you did, now comes the moment of truth making those goals a reality. Don’t get trapped into a feeling of complacency that ..read more
The Sutter Company Blog
5M ago
Lately, I’ve had the opportunity to go back to basics with a handful of agencies and help them figure out a foundational marketing tool: their elevator pitch.
Despite its slanginess, I love the concept of an elevator pitch for a bunch of reasons.
It’s utilitarian.
Strategic positioning, value proposition, mission/vision/values — these are all important but they’re also problematic. Their definition changes depending on who you’re talking to and in my experience they tend to result in a lot of debate and navel gazing. Then, when you finally arrive at something everyone agrees on, does ..read more
The Sutter Company Blog
6M ago
I onboarded a new client late last month, a small agency with a strong core leadership team that takes a collaborative approach and that’s supportive of each other and open to differing opinions and ideas.
This is great! Agencies like this are a pleasure to work with and I count myself lucky to be able to do so. Nevertheless, I found myself asking the CEO and two of his colleagues this question during a conversation as we were preparing for our first all-day strategy workshop with the larger leadership team:
“Who’s the ‘’decider’?”
I want nothing more than to cultivate an equal exchange of tho ..read more
The Sutter Company Blog
9M ago
I’m about to expound on a topic on which I’m not an expert—time management.
I wish I was an expert because, of all the new business challenges I can help a small agency owner solve, magically creating more time in their day is not one of them.
And time, or lack thereof, is so often on the list of reasons why an agency doesn’t pursue new business at the level it wishes to. I get it. I’m like everyone else, wishing I had a few more hours at the end of the day to accomplish what I’d set out for myself.
But I also know that when an RFP or an invitation to a competitive pitch comes your way, someho ..read more
The Sutter Company Blog
10M ago
Last week, I was advising an agency on writing a strong response to a large RFP. We put into practice a lot of the ideas that I wrote about last month about how to treat an RFP response as a strategic selling tool (rather than a burdensome box to check) like–
Understanding that the underlying reason behind the client even issuing the RFP, whether sound or not, is to manage the inherent risk involved in hiring an agency.
Defining a strategic plan for your response before you even write a word.
Recognizing any tendencies for people-pleasing enthusiasm and redirecting towards diagnost ..read more
The Sutter Company Blog
11M ago
We have a love/hate relationship with the RFP.
On the one hand, we love to see a new RFP land in our in-box (perhaps way more than we should). It holds the promise of new revenue and fills the pipeline just enough to convince ourselves to shift attention away from more proactive new business activities.
And we hate RFPs because they’re so often inscrutable documents that monopolize time and resources for however long (and it’s never very long) we’re given to respond while the uncertainty of it all gnaws away at our conscience.
I’m firmly in the camp of people who say avoid competitive RFPs whe ..read more
The Sutter Company Blog
1y ago
I love making presentations.
I feed off the energy in the room, whether it’s a keynote speech to many or a pitch presentation to a few. I enjoy the feeling of connection with other human beings (I even enjoy the challenge of engaging those in the audience that might be resisting that connection) and I get a lot of satisfaction from watching heads nod as an idea lands or even sparks debate.
This makes sense because my new dominant business strengths profile is the Communicator (if you want to discover what yours is, take this short quiz).
That’s not the case for everyone ..read more
The Sutter Company Blog
1y ago
“Everyone has a plan until they get punched in the mouth.” – Mike Tyson
Is it possible to close new business deals by simply following a step-by-step process?
I’ve been contributing to a client’s effort to codify the new business process at his agency and as a result, I’ve found myself asking this question. I’m all for process, and believe that a strong new business strategy is more reliant on good processes than haphazard action.
But are there times when a process has disadvantages?
Selling, to use a word that many of you dislike but that describes an activity that’s impossible to ..read more