What is an ‘ideal client profile’ (and why have one)?

2021-02-22T13:17:38+00:00
Dartboard

What is an ‘ideal client profile’ (and why have one)?

Ideal client profile. I use this term a lot. So, I thought it about time I explained what it is, what it looks like and why it’s important.

For context, a quick recap on positioning. Whilst there are many definitions, I describe it as what you do, why you do it and, most importantly, for who. It combines your expertise, beliefs and values to (ideally) create a point of difference in the mind of a buyer…

“Ahh yes, they’re the agency that specialise in helping start-ups make their first million…”

That kind of thing.

An ideal client profile – let’s call it an ICP for ease – is a product of good positioning. It’s a visual representation of your agency’s ‘who’; the sectors, businesses and people where your expertise is best applied.

What does it look like?

Short and simple. Here’s a semi-fictitious example…

Let’s break it down.

This agency specialises in ecommerce, working with online retailers at a particular stage of growth: scaling-up.

Drilling down into the detail…

Sectors
In this example, the agency narrows their audience further by specifying four sub-sectors where they are most experienced (with case studies, awards and so on to back it up).

It doesn’t mean they refuse companies outside of these sub-sectors. But their ideal client – those that they actively target – will be in homeware, health and beauty, etc.

Traits
Whilst an ecommerce brand might tick the sub-sector and scale-up boxes, it doesn’t necessarily mean they’ll be the right fit. Other factors come into play, such as where they are located, the markets they serve, turnover, in-house resource and budget, for example.

Situation
Furthermore, their ideal client will have certain goals and challenges, which dictate what they need from an agency partner. For example, most prospects’ have ‘outgrown a smaller agency or freelancer’, and will therefore need a larger, specialist agency to take them to the next level.

Culture
A few adjectives to describe the ethos and values the agency look for. They know from experience that the closer a client’s culture aligns to their own, the more fruitful the relationship will be for both parties.

Roles
The client-side stakeholders likely have a say in selecting and working alongside the agency.

Of course, you can take this a step further by creating personas that drill down into the specific goals, issues, needs, motivations and desired outcomes of individual buyers. Personas can be particularly useful for subtle tweaks to your proposition when prospecting, for example. But be mindful of adding too much detail, especially when it comes to the personal stuff. I’ll leave it to David C Baker to explain.

Mindset
When thinking about stakeholders, you might include some detail on attitude and outlook. In this example, a prospect who fails to demonstrate a collaborative spirit, or a willingness to have their perspective challenged during the qualifying process, is likely to spell trouble later.

Why is having an ICP important?

Business development is never easy. But it can be made easier.

An ICP achieves this by…

Tightening your ‘go to market’ messaging…
The tighter your audience, the easier it is to create a short and compelling proposition i.e.

We work with…(markets / audiences)

…helping them to…(problems / opportunities)

…that…(benefits / outcomes)

Conversely, if you offer a glut of services to a multitude of different looking clients, boiling your proposition down to a simple one-liner (that is easily grasped internally and externally) is tough. And more likely to have you default to look-a-like territory.

Shaping your business development and marketing activity
With an almost endless array of channels and tactics to choose from, agencies often fall into the trap of doing a lot of things badly, as opposed to a few things well.

A narrower ICP helps solve this problem. Building lists, determining the size of your addressable market and researching prospects are all directed by the ICP.

In turn, this informs how you should spend your time (and money) to target those prospects based on where they hang out, how they buy, who influences their decisions and so on. Clarity comes with focus.

The opposite is true when an agency claims to work with ‘businesses of all shapes and sizes, across a wide range of sectors’. Where do you begin in coming up with a business development and marketing plan that is, in effect, trying to target everyone?

Providing your qualifying framework
An ICP is the basis by which you decide which opportunities to say ‘yes’ and, perhaps more importantly, those where you say ‘no’.

It shapes the due diligence you do when a lead comes in (before you commit to a call), the questions you ask and the means by which you justify moving forward. Or not. Without an ICP, the chances are you won’t be saying ‘no’ nearly as often as you should.

It’s worth saying there will be instances when it makes sense to work with clients that don’t quite fit (the clue is in the name: ‘ideal’). But this should be the exception, rather than the norm.

Final thoughts

Once you define your audience, the impact on business development can be transformational. Again, clarity comes with focus.

A tight ICP is one of the outputs of the work and sacrifice of good positioning.

Sacrifice being the acceptance that if you want to be good at something (and known for it), you can’t be good at doing everything, for everybody.

Do you have an ideal client profile? What do you include in yours?

What is an ‘ideal client profile’ (and why have one)?2021-02-22T13:17:38+00:00

What’s in your business development playbook?

2021-01-27T17:56:33+00:00
What's in your business development playbook

What’s in your business development playbook?

Quite rightly, agencies invest a lot of time thinking about (and documenting) how their services are delivered, how to communicate with clients and the means by which they report results. Operationally, there are policies, processes and templates aplenty.

However, with new business, it’s a different story. Business development is rarely designed or documented with the same rigour. Execution is therefore patchy and inconsistent at best. And that leads to the big peaks and troughs in revenue (many consider these normal when they needn’t be).

If you want to flatten these out, there is only one way; give business development the same attention as any other function of the agency (if not, more). And document everything.

In my agency days, we had a playbook; our new business bible, if you like. It could be handed over to a new recruit and after a large brew, they’d know all about our approach to new business – from positioning to pitching and everything in between. (Training was more hands-on than that. But you get my drift).

The idea of a playbook remains something I recommend (and work towards) with my clients. Some will have the beginnings of one when we start out. Others will have little. Either way, the goal is to fill in the gaps.

So, what does the playbook include? Here’s my suggested contents page, with some brief notes to tell you what each section / sub-section is all about:

Positioning

What you do, who for, how and why – the foundations of your business development strategy.

Your story
How did the agency get started? How has it evolved over time? Where are you now?

Your vision, mission and values
Building on the above, why do you exist, what is your cause and how do you like to do business?

Target audience
Who are you trying to speak to? What does your ideal client look like? For most smaller agencies, the narrower the audience, the better.

Value proposition, elevator pitch and one-liner
Your ‘go to market’ messaging, focused on the problems you help address for your target audience (and / or the opportunities you help them exploit).

Overview of services and pricing
A summary of what you do. Features, benefits and pricing for each of your services. You might also include a brief overview of any methodologies or frameworks used in delivering your services (especially if they are proprietary and add weight to your proposition).

Business development and marketing activity

With a clearly defined target audience, this section explains how you build awareness and create opportunity.

Objectives
Your SMART, new business objective and how this breaks down into tactical targets, such as the required number of wins, proposals / pitches, qualifying calls and so on.

Also, include a summary of your methodology in working out the above. Or stick it in the Appendix.

Strategy overview
A brief explanation of how you are going to meet those objectives and targets (‘how’ being the keyword here), including an overview of barriers to overcome and strengths to exploit.

Team
In delivering the strategy, a summary of roles, responsibilities and reporting lines, including any external partners.

Thought leadership
Your point of view, manifesto or core belief; the central pillar that guides your content strategy, public speaking gigs, events and so on.

Collateral
The key assets that demonstrate your expertise, perspective and impact; the kind of stuff used to open doors and nurture relationships e.g. whitepapers, reports, case studies, testimonials, award wins and so on (and where these assets can be accessed).

Technology and tools
Outlining the technology used by the agency to support activity, such as your CRM, automation platforms and intelligence tools.

Execution
A summary of channels and tactics. Whilst the playbook doesn’t include detailed goals, plans and actions, it should direct people to where these can be found and any guidance on how such templates are used.

Qualifying and discovery

Covering everything the agency does in separating the prospects who fit from those who don’t and spotting the serious opportunities amongst the tire-kickers.

Qualifying and discovery process
The steps taken from pre-qualifying all the way through to on-boarding (and the goals / actions associated with each of those stages).

Questioning frameworks
Guidelines on the questions asked at each stage of the process, including examples and links to relevant templates.

Internal briefing guidelines
A summary of the information to be gathered from a prospect before briefing the internal team e.g. background, objectives, challenges, success criteria and so on.

Lead scoring and forecasting methodology
The criteria used to pre-qualify, fully qualify and weight opportunities in your pipeline.

Proposals and pitching

Outlining everything the agency does to prepare, create, send / present and follow up proposals.

Proposal and presentation guidelines
Direction on proposal / presentation structure, style and format, including links to templates and recent examples.

Pitch meeting guidelines
A checklist of things that should happen before, during and after a pitch meeting. Who is involved, when and how? This section should now include notes on delivering pitches virtually – they are here to stay, even when things get back to some kind of normal.

Pitch review process
Win or lose, the questions you ask prospects and how feedback is shared across the agency (and acted upon).

On-boarding process
Covering everything that needs to happen for a smooth handover to the delivery team.

Reporting and review

The means by which you know if things are going well. Or not.

Lead and lag key performance indicators
An overview of business development and marketing KPIs, how they’re tracked and by who.

Weekly and monthly meeting agendas
What is discussed in progress meetings, who needs to attend, how often they take place and so on.

Reward / compensation plan
An overview of any commission structures and company bonus schemes that are related to new business performance.

Appendix

Stick everything in here that is too long to go in the main document e.g. detailed methodologies, frameworks, templates and processes

This is not a static document. Some sections will be reviewed, refined and added to on a fairly regular basis. Others not so much.

This leads to the question; should you have a playbook in place before recruiting a business developer or build it out once they are on-board? There’s an argument to say a good business developer will have a lot to contribute to its creation. And you’d be absolutely right. In fact, I’d encourage it.

HOWEVER, the reason why so many business developers are out on their ear after three-months is because a lot of this isn’t already in place. I’m particularly referring to the big stuff like positioning.

The poor business developer is therefore working with a blank canvas. As well as being expected to bring in the bacon, he or she is also tasked with effectively building the new business function from scratch (which the playbook is designed to document).

That’s fine. But only if you give them the time and space to do so.

Otherwise, I’d recommend getting a large chunk of the playbook in place first. Design the function and then recruit into it accordingly. Not only will you have a much better idea of the person / people you need (experience, skills, strength / relevance of their network, etc) but you’ll also give them more of a fighting chance when they join.

That’s my playbook. What does yours look like? Have I missed anything?

Photo by Susan Yin on Unsplash

What’s in your business development playbook?2021-01-27T17:56:33+00:00

10 easy-wins to make new business, everyone’s business

2020-12-10T10:48:56+00:00
Rowing team

10 easy-wins to make new business, everyone’s business

First, a confession. I stole the title for this article. Well, the second half anyway.

Recently, I attended Winning Together, a virtual event for the cream of the business development community (and me) to share experiences, insights and tips.

The first panel discussion – where said title came from – had Camilla Harrison, Jason Foo and Sherilyn Shackell discussing the importance of instilling a new business culture across an agency (there’s more in this write up from Jody Osman).

I found myself nodding along. A lot. The skills required to deliver a successful new business and marketing strategy are wide-ranging. So much so, one person cannot possibly excel at them all. I’ve therefore always believed that new business should be a team effort.

That’s all very well. But it’s easier said than done. So, what are the practical things a business developer (BD) can do to create an ‘in it together’ mentality across the agency: where new business rests not on the shoulders of one, but the shoulders of many?

Building on the excellent insight shared by Camilla, Jason and Sherilyn, here are some (relatively) easy wins to do just that:

1) Position the role of BD in the right way

As BD, you are not THE solution to winning new business. You are part of the solution (albeit an especially important one). Ensure the team understand that whilst you play the lead role, without a supporting cast your efforts will be hampered.

From day one, new business should be positioned as a collaborative effort where everybody plays their part (see point 6).

2) Physically sit business development at the heart of the agency

This is one for next year. When returning to the office, take a look at where you are physically sat.

I’ve walked into agencies where the BD might as well have had leprosy; sat in a corner, on their own, far enough away not to infect others with their salesy curse.

The BD should be at the centre of things. Where you can hear the conversations between the team and with clients. Importantly, the team should be able to listen in on some of the conversations you are having with prospects.

If you want to educate them on what business development is all about, let them hear and feel it.

3) Communicate objectives and plans. And keep the team updated on progress

When it’s ready, present your new business and marketing plan to the team. Better still, involve them in creating it. I find it particularly useful to get their take on the agency’s strengths (and their individual capabilities), how much resource is available and any barriers they anticipate the agency facing in executing the plan.

And then once things are underway, keep the team updated. New business should be on the agenda of every company meeting, whether that’s the Monday morning huddle or the end of month review.

For example, Monday morning is a great opportunity to communicate where you need support in the week ahead. Nobody will appreciate being asked for ‘a few slides’ the night before a pitch. They will thank you for giving them four days’ notice.

4) Ask the team who they would love to work with

A well-positioned agency will know exactly who they are best placed to help. They’ll have an ‘ideal client profile’ that acts as the basis for building a prospect list and the framework by which opportunities are qualified.

Share this with the team. Ask them if they know of any brands they’d love to work with (fitting the profile, of course). They’ll get a kick out of knowing you are actively pursuing brands they have an affinity to.

And, you never know, someone might pipe up with a cheeky…’oh, my friend works there…’

Talking of which…

5) Encourage everyone to tap into their network

Business development is about relationships. But even a seasoned BD can only ever have so many.

If you’ve got a list of people you’d love to speak to, but you’ve got no relationship, maybe someone in the team has. By asking five, ten or twenty other people in the agency to look at your prospects on LinkedIn, the chances of finding a shared connection are multiplied.

You can’t put a value on an ‘in’ like this. It’s so much better than approaching a prospect cold. So, you might want to reward your helpful colleague. Nothing major; a bottle of something nice will show your appreciation.

6) Play to the team’s strengths and interests

Twenty years ago, sales involved a telephone and a Rolodex (thankfully, things have moved on).

Today, the number of tactics is endless. As are the skills required to execute those tactics. This means everyone in the agency can (and should) bring something to the party.

Whether it’s researching, planning, writing, speaking, organising, designing, networking, tweeting (and many other words ending with ‘ing’), explore how they’d like to contribute. Play to people’s strengths and interests. Put tactical goals in place. Focus on action. And make sure people have the time (around client work) to give it their undivided attention.

7) Even the simple act of reading can be invaluable

Every member of your team reads stuff. Or they should be. This is a great way for everyone to contribute to your prospecting efforts.

Using a tool, such as Pocket or Diigo, the team can tag and save the (relevant) content they are digesting into a central repository. Over time, you’ll build a bank of curated content that can be searched by subject, sector or discipline. The kind of value-add stuff you can be sharing with your prospects.

8) Educate and coach those around you

Do your team associate business development with a more traditional view of sales and selling, wincing at the very thought of it?

If so, educate them. Share insight, tips and resources on business development. Especially support those on the front line; account managers who have a responsibility for identifying up-sell / cross-sell opportunities.

The more people get new business, the better they’ll get at it.

9) Involve the team early(ish) and often in the pitch process

The pitch process should be a collaborative one between agency and prospect. But it should also be a collaborative process internally. Involve the team to interrogate, shape and respond to a brief. Don’t just wheel them in for the pitch. As much as anything else, this will help them understand how you decide which opportunities to pursue and which to pass up.

But protect people’s time. Qualify the prospect before you get the team involved. The more you waste peoples’ time on ‘opportunities’ you don’t end up winning, the more reluctant they will be to get involved again in the future.

10) Share feedback; good, bad and indifferent

Successes should be celebrated for what they are – a team effort – and losses commiserated likewise.

Win or lose, gather feedback and take time out to talk it through with the team. Acknowledge the effort and contribution made by everyone involved. Learn from every experience.

And when you don’t win (even though you are crying inside), stay positive. Drive the team forward. Today you may have lost. But tomorrow you go again.

Look, none of these things will change the game on their own. I’ve barely touched on the importance (and meatier topics) of positioning, values and incentives in building a new business culture.

But remember; business development is all about those marginal gains. Many small changes can combine to big effect.

Have I missed anything? What do you do to make new business, everyone’s business?

Photo by Matteo Vistocco on Unsplash

10 easy-wins to make new business, everyone’s business2020-12-10T10:48:56+00:00

How much does purpose really matter?

2020-11-20T14:13:05+00:00
Compass

This article was originally published on Econsultancy, where I am a guest writer.

How much does purpose really matter for agencies?

Well, it’s been quite the year so far hasn’t it? From the many conversations I’ve had with agency owners in recent months, it’s been a mixed bag at best.

A few have thrived, many have dived. For some, the pandemic has created more of an existential crisis. And what follows an existential crisis? Existential questions. What are we doing? Are we happy doing it? Why do we exist? What is our agency’s purpose? These big and hairy questions are always there, niggling away. But during ‘normal’ times they often get brushed aside because, hey, we’ve got another proposal to get out the door by Friday so it’s all good.

I actually wrote the bulk of this article at the turn of the year. But as things really kicked off it didn’t feel appropriate. Agency owners had more pressing issues than getting the senior team together for a deep and meaningful. But let’s hope (and pray) we are through the worst of it.

If you’ve made it this far, you might just be turning your attention to fixing stuff that has been on the ‘to-do’ list for too long. And they don’t come much bigger than positioning – what you do, how you do it, why and most importantly, for who.

In my experience, the ‘what’, ‘how’ and ‘who’ are normally pretty straightforward to nail down (as long as the agency is willing to make a few sacrifices along the way). It’s the ‘why’ bit that I know agency owners wrestle with.

Me too. Ever since a guy called Simon Sinek came into my life.

The paradox of ‘why’

If you haven’t read Sinek’s ‘Start with Why’ (or watched the TED talk), Simon makes the very compelling argument that ‘people don’t buy what you do, they buy why you do it’. ‘Why’ is defined as a purpose, cause or belief; the reason a company exists.

Sinek goes on to say that when a company doesn’t have a clear sense of ‘why’, they are only able to communicate what they do to the outside world. Agency land is a shining example of this with the ‘what’ (services) normally put front and centre of the proposition. You know how it goes:

“We’re an award-winning digital marketing agency delivering SEO, PPC, blah, blah…”

Seeing this as a major failing, and with Simon whispering sweet nothings in my ear, I made it my mission to help agencies find their ‘why’. And to shape a more compelling proposition as a result.

However, it didn’t always go quite as Simon had me believe. I often came away disappointed at the end of a positioning workshop, experiencing a mini existential crisis of my own. Where was the profound sense of ‘why’ that I’d expected to uncover? Was it me? Had I asked the right questions? Had I dug deep enough?

Or, was it them? Can it really be that his main motivation for running an agency is to provide for his family? Is a ‘desire to navigate her own path’ her actual ‘why’? Did this guy really start his business just because he despised the agency that sucked the life out of him during a five-year stint doing the ‘London thing’?

More worryingly, how am I going to build a proposition out of this stuff?

Now, before I go on, let me firstly acknowledge that anyone setting up an own agency does so for a damn good reason. It’s certainly not something you do for the hell of it.

But whilst the reasons I uncovered were all very honourable, I couldn’t help but think, ‘is that it?’ Surely Simon was referring to something much deeper and more worthy?

Wasn’t he? Simon…?

Not every agency will be saving the world

And then it started to dawn on me.

Whilst all agency owners have a sense of purpose, a reason why they do what they do, it’s not always that laudable or exciting. Often the ‘why’ is bloody mundane, to be honest.

And, that’s absolutely fine.

The question, therefore, is not whether purpose exists. It does. Instead, the question is how much it really matters to a client? And therefore, when it comes to shaping an agency’s proposition, how much of a light do you shine on it?

To give an example. An agency only works with businesses who champion ethical and environmental causes. Now, you might see this as a cynical attempt to cash in on the most profound challenge in human history. But I doubt many people set up or reposition an agency to take advantage in that way.

Instead, the people running this agency would quite like to see polar bears survive the end of the century. In fact, when I chat to them about how and why the agency started, their mission was very clear from day one. It’s something they live and breathe, professionally and personally.

This is likely to attract the kind of people and organisations that share the same view. So, when it comes to their proposition, the ‘why’ is dialled up.

However, not all agencies exist for reasons that are quite so worthy (and frankly, most aren’t looking to). It’s admirable to start an agency because you found the dishonest behaviour of your last employer appalling. Approaching business with more sincere intentions is not to be sniffed at.

However, when this ‘why’ leads to a proposition built around ‘more honesty’ and ‘greater transparency’, it puts an agency firmly into hygiene factor territory. Because pretty much every other agency says the same. It’s also the absolute minimum a client expects. No client sets out to work with liars and charlatans, right?

So, in this instance, the ‘why’ might well shape how the agency goes about its business. It might inform values and desired behaviours in staff. But in terms of the proposition, it should be dialled down.

Think of it as a ‘spectrum of why’

At one end, you have agencies where it makes sense to sing it loud and proud. In itself, the why is powerful and relevant enough to act like a filter, attracting like-minded clients and employees. It also detracts from those whose thinking and values don’t align. In this sense, I think Mr Sinek had it right.

At the other end of the scale, purpose still exists. But it isn’t strong enough to be front and centre of your proposition. Claiming to be ‘more honest’, whilst commendable, doesn’t make your agency different.

This is where I’m not so convinced Simon’s right. In my experience, clients will be more attracted by an agency who understands their market and can demonstrate they have the expertise to fix a problem. Their ‘who’, ‘what’ and ‘how’ will trump a weaker ‘why’ every time.

An alternative to purpose: don’t be afraid to play it unsafe

So, what do you do if your ‘why’ isn’t all that meaningful or relevant to clients? If it isn’t something that you should shine a light on, how do you find a way to stand out and attract the like-minded?

Firstly, be explicit in defining your audience. By doing so, you can build a proposition around the problems they face and the outcomes they care most about. Seek to avoid the boastful claims and inward-looking language of ‘we’, ‘our’ and ‘us’.

From there, establish a point of view, angle or opinion (relevant to that audience). If it’s a touch controversial or even polarising, all the better. There is too big a middle ground to play it safe so don’t be afraid to piss a few people off. After all, if they don’t agree with your thinking, they are probably the clients you want to avoid anyway.

Make your peace with ‘why’

For most agencies, trouble standing out and winning the right clients is not a failure of ‘why’. It is a failure to define what the right client looks. It is a failure to build a relevant, compelling proposition around this audience. And it’s a failure in having an interesting point of view.

I’ve made my peace with Simon, concluding that for some agencies their ‘why’ will form the bedrock of their proposition. For most others, it won’t.

So, if the events of this year mean you’re asking a few existential questions of your own but the ‘why’ bit falls some way short of saving the planet, don’t fret. The vast majority of clients probably don’t care, much preferring to hear how you’re going to make their life easier.

In fact, I don’t remember sitting in a single meeting where a prospect asked me ‘why does your agency exist’ or ‘why do you do what you do’? And quite frankly, I’m glad they didn’t.

I’m not sure my response of “I kind of fell into this and I’ve got a massive student loan to pay back” would have been all that inspiring.

Photo by Jametlene Reskp on Unsplash.

How much does purpose really matter?2020-11-20T14:13:05+00:00

Give your agency value proposition some fizz

2020-11-20T14:31:33+00:00
Fizz

How to give your agency value proposition some fizz

Recently, I’ve been sharing how I help agencies make the move from generalist (‘we do everything for anyone’) to specialist (‘we do this thing, for this type of client’).

We’ve looked at defining a narrower audience for your offering and how to create a more relevant proposition as a result. Now it’s time to bring that proposition to life; to make it sing and entice your target audience to act.

The template I shared last time is useful in bringing together the component parts of your proposition. However, it’s formulaic. And, if you’re like most agencies, you’ll probably fall into the trap of using familiar and tired language.

Take my advice on board with a small pinch of salt

Now, before I go on, a caveat. I am NOT a qualified copywriter. I write. I have a certain style. I read books and articles on how to get better. Every so often, I’ll come up with a great turn of phrase or sentence (or so I’m told). But copywriting doesn’t always come naturally or easily.

However, if you’ve read anything I’ve written on agency positioning, you’ll know I have a strong point of view on language. Agency land is plagued with jargon; words and phrases that are overused, obvious or irrelevant: ‘full-service’, ‘award-winning’, ‘data-driven’, ‘honest’, ‘innovative’, ‘integrated’, ‘results-focused’ and ‘passionate’, to name but a few.

Fortunately, people way more qualified than me agree:

“Jargon is the hallmark of a pretentious ass”

…said a certain Mr David Ogilvy way back in 1982. Almost 40 years later, the amount of waffle and guff is worse than ever.

It’s not easy to cut out the jargon completely. But if you don’t give it a go, you might spend a load of time on your value proposition only to end up where you started; sounding like everyone else.

That’s why your choice of language is key. So, here are a few things to consider when trying to inject your value proposition with a bit of fizz:

Write in the way you speak

I guess we lean on jargon because of its familiarity. It’s easy (and therefore comforting) to use the same language as everyone else on our websites and in our proposals. There are also certain technical terms that are unavoidable.

But listen (I mean really listen) to the conversations amongst your team and especially with your clients. Is jargon that prevalent in everyday conversation? I’m guessing not.

So why not write in the same way as you speak. Use colloquial, conversational language.

Find a non-obvious way of saying the obvious

It isn’t just the language of agencies that is overused and tired. In my opinion, it’s also the language of business: ‘sales’, ‘revenue’, ‘growth’, ‘market share’. Yawn. Maybe I just spend too much time looking at agency websites, but those words just don’t compute with me anymore.

Can they be avoided? In certain instances, I think so. For example, when working with a performance agency on their positioning, we realised that the majority of their clients are second or third in their markets. They are challengers to the main player.

It would have been easy to go with the obvious and stick ‘sales’ and ‘market share’ in their proposition. But then I remembered something one of their clients said to me; “we’re looking to close the gap on Brand X. We know we will never overtake them, but we want to make their life difficult.”

‘Close the gap’…what a wonderful way of succinctly expressing what any challenger brand is trying to do. So, their one-liner ended up as…

‘We help challenger brands close the gap on the leading players in their markets’

It’s much more emotive than sales, revenue and market share, wouldn’t you agree?

This shows how important it is to speak to your clients during the process of repositioning. They are the ones (hopefully) experiencing the benefits and impact of your work. Take note of the language they use and reflect it back in your proposition where it makes sense.

Inject some personality

When you read aloud the copy on an agency’s website, it creates an immediate impression. An agency might come across as formal, light-hearted, upbeat, confident, sincere, adventurous, easy-going, positive, humble, principled or cheerful.

Consider how you want your agency to be perceived by the outside world and especially by your target audience. For example, I tend to be quite self-deprecating. I can also be a touch sarcastic. These elements of my personality come out in my proposition and writing. It makes it authentic.

Spend some time coming up with four or five adjectives to describe the personality of your agency and reflect these in your language and tone.

Go all George Orwell on your copy

In his essay, Politics and the English Language (1946), George Orwell criticised the ‘ugly and inaccurate’ written English of his time. He went on to outline six rules to remedy the situation:

1)   Never use a metaphor, simile, or other figure of speech which you are used to seeing in print.

2)   Never use a long word where a short one will do.

3)   If it is possible to cut a word out, always cut it out.

4)   Never use the passive where you can use the active.

5)   Never use a foreign phrase, a scientific word, or a jargon word if you can think of an everyday English equivalent.

6)   Break any of these rules sooner than say anything outright barbarous.

Besides our shared distaste for jargon, I particularly like points 2) and 3). They encourage you to create a succinct value proposition that gets to the point and is easily understood.

What next?

In its purest form, your value proposition is an internal statement. It provides clarity on why you exist and what you intend to make happen for your target audience.

Externally, it forms the basis for your website copy, presentations, social media profiles, directory listings, press releases, email footers and so on. Therefore, I find the most useful next step is to use the value proposition statement to create a messaging template containing an elevator pitch, one-liner and (possibly) a tag line.

Let’s take a quick look at each of these:

The elevator pitch

If you had 30 seconds in a lift (sorry, I’m English) with your dream client, what would you say about your agency to pique their interest? That’s the principle of an elevator pitch.

I prefer the idea that you have just 10 seconds because it forces you to cut out the waffle. Anyone listening to a 30-second elevator pitch would die of boredom before they reached the top floor.

If we go back to our value proposition template, trim it down to include just the following:

We work with…(markets / audiences)

…helping them to…(problems / opportunities)

…that…(benefits / outcomes)

Deliberately avoid talking about your services. Why? Firstly, because a good elevator pitch should create a sense of intrigue. It doesn’t give everything away. It should lead to a question; “that sounds interesting, how do you do that then?”

Secondly, if you mention your services too soon, you’ll be too quickly pigeon-holed (“oh god, not another bloody SEO agency”).

And thirdly, because your services matter much less than you might think.

One-liner

Your one-liner is a slimmed-down version of the elevator pitch, the sort of thing that might be used as the headline copy on your website or in your email footer. For example, mine is:

Helping digital agencies craft a winning approach to business development.

Tag line or slogan

Shorter again, this is a few words to express your agency’s philosophy; the sort of thing that would sit underneath your logo. Perhaps one of the most famous examples is McCann’s ‘Truth well told’.

Be really careful with this. The world is littered with crappy tag lines. I came across this useful article that that lists the tagline of 700 global agencies. You can make your own mind up as to which are good, bad or indifferent.

Lastly, play a game of buzzword bingo

Before you sign it all off, have another look over your statements. How many times do any of the words and phrases in this article pop up? Down a drink for every one you find.

In all seriousness, it’s hard to avoid the language of agencies and business entirely. But, if you follow the advice above, you’ll get pretty close. And come the end, your agency will stand out simply by avoiding the same industry lingo that thousands of others have fallen prey to.

You’ll also find language that is authentic to your agency’s culture. And by listening to your clients, more relevant to their aspirations.

And if you still can’t get rid of the jargon and want someone to cast a (very) critical eye over it all, give me a shout.

Give your agency value proposition some fizz2020-11-20T14:31:33+00:00

How to craft your agency proposition

2020-11-20T14:34:30+00:00
Craft

How to craft your agency proposition

I’ve talked a lot this year about the importance of agency positioning. Or, more specifically, how agency land is plagued with inward-looking, broad-brush and cliché-ridden positioning.

But rather than continue my assault on your ‘passionate, full-service and award-winning agency’, I thought it high time I provide some actual advice on how to fix the problem. It’s the least I could do, right?

I started by exploring the difference between positioning and your proposition. I argued that for your proposition to be relevant and enticing, you firstly need to define a narrower audience for your agency offering. I then explored some creative ways you can go about doing this.

So, with your target audience nailed, and a better understanding of where your expertise is best applied, you’re ready to start work on your proposition.

But before you put pen to paper, you’ve got some more thinking to do.

Dialling down the ‘we’

Far too many agency websites come across as narcissistic and boastful. It’s all ‘we, ‘our’ and ‘us’.

A good proposition is the opposite. It dials down the ‘we’, whilst dialling up what really matters to your target audience. It demonstrates your understanding of the problems they face or the opportunities they are looking to exploit. It succinctly talks about your expertise and offering only in this context. And it is outcome orientated, highlighting the positive impact you have on the people, companies and markets you serve.

This means looking at things from the perspective of your target audience. To get you started, here are a few questions to ponder:

What is your target audience trying to do? What does success look like?

What is standing in their way? What problems are they facing? 

What is happening in their market? Are there opportunities they are looking to exploit?

How would you describe the mindset or attitude of the people you work with?

What will the client have after working with you? What is the tangible impact of your work? 

How do you want people to feel when they work with you? 

Of course, there is no better way to understand the aspirations, needs and concerns of your target audience than actually talking to them. I’m going to assume you have some clients on the books that fit your newly defined audience, so ask them…

What made you decide to work with us? What was the specific problem you wanted to fix at the time?

How would you describe the experience of working with us? 

How does this compare with other agencies you’ve worked with?

In your role, what are you trying to do? How have we helped you to meet those goals?

What problems have we been able to help you address? 

What are the most important benefits you’ve experienced as a result of working with us? 

Have you experienced any unexpected advantages as a result of our work together?

From experience, you will probably find this to be more fruitful when you use an independent third party to ask the questions. A client is likely to be more open and honest, especially if the responses are also anonymised.

Bringing it all together

As you combine your thinking with input from clients you should start to see some patterns – recurring themes, words and phrases.

And with that, you are (finally) ready to start writing your first draft proposition. It might be useful to use a template like the one below. At this stage, don’t worry about it being somewhat formulaic. This is simply a way of bringing together the component parts. It’s unlikely it will ever be used in quite such a robotic way.

Instead, as it evolves in style, tone and language, it will act as the basis for all manner of outward-facing communication; from your website to proposals and everything in between.

AGENCY is…(type of agency)

Working with…(markets / audiences)

Helping them to…(problems / opportunities)

By delivering…(products / services)

…that…(benefits / outcomes)

….because…(purpose / belief / perspective)

Let’s take a slightly closer look at each of these:

Type of agency

Personally, I don’t think it matters too much whether you describe your agency as marketing, digital, creative, media or otherwise (as long as it’s not ‘full-service’). However, buyers tend to pigeon-hole agencies by discipline so it’s worth thinking about. But don’t obsess over it, especially as the lines between disciplines have become somewhat blurry in recent years.

Markets / audiences

Fairly obvious but critically important. Be as specific as you can. ‘Brands’ is too broad. Use adjectives to narrow the type of brands you work with.

Problems / opportunities

This is ultimately what a client is buying from you; your expertise and how it is applied to solve a problem or exploit an opportunity. Your services are just the vehicle to get them from where they are now to where they want to be. Hence, this part of the proposition takes precedence over any mention of your services.

Products / services

Now you can talk about what you actually do. This shouldn’t be a long list of services. For some, this would create a proposition of biblical proportions. Instead, it is a brief summary, ideally demonstrating how your thinking or approach to delivering those services is particularly relevant to your audience.

Benefits / outcomes

Again, the more specific the better. If your clients see average growth of 50% inside 12 months, include this. But also consider the individual here if you can – how do you make people feel?

It’s likely there is a multitude of benefits a client will experience by working with you. For the purposes of your proposition, I’d consolidate these to three; those that are going to appeal to a number of different stakeholders.

Purpose / belief / perspective

This is a big topic in its own right.

Whilst I believe every agency has a ‘why’ (a purpose or reason for existing), I’m not always convinced it will resonate with the buyer. For example, it is admirable that you started your agency having become disillusioned with a previous employer. But is this relevant to your target audience? How much will they really care?

An alternative to purpose is to state a belief or offer a perspective related to the target audience. For example, when it comes to how agencies and clients seek to worth together, I believe there are too many ingrained behaviours, processes and dated methods that ultimately benefit neither party. I, therefore, encourage agencies to challenge the conventional way of doing things. This is not necessarily my purpose or ‘why’. However, if an agency owner agrees with my thinking, they are more likely to want to find out how I can help them.

Just to complicate the issue

While your proposition sets the tone for how you communicate with your target audience, it doesn’t mean you should stick to it rigidly. In all likelihood, you will need to engage and influence a number of different people in any one organisation. This means you will need to tweak your proposition accordingly. For example, the benefits or outcomes a Managing Director will care about will be different from those of an eCommerce Manager.

I, therefore, like to think of a proposition as having layers. Your overall proposition (what you say on your homepage, for example), needs to broadly appeal to all stakeholders. But as you reach out and converse with different stakeholders, elements of the proposition will need to be made more specific according to the goals, desires, problems, concerns and motivations of individual buyers. This is where creating some simple personas can really help.

How to craft your agency proposition2020-11-20T14:34:30+00:00

Think creatively when defining your target audience

2020-11-20T14:37:02+00:00
Black sheep

How to get creative when defining an audience for your agency offering

Recently, I explored the difference between positioning and proposition.

As a brief reminder, the former is the process by which you define what you do, how you do it and, most importantly, for who. The proposition is how you package this up. It’s an expression of the problems you solve, the tangible impact of your work and the experience you provide.

It, therefore, stands to reason that positioning comes before proposition. You cannot craft a highly relevant and enticing proposition if you don’t first define your ‘who’.

And by ‘who’, I mean being specific. When you claim to work with “businesses of all shapes and sizes, across all industries” it is nigh on impossible to craft a proposition that will appeal to all of them. I’ve never been on a dating website (I met my wife in a nightclub, the old-fashioned way). But I doubt the guy who says “I’ll go out for a drink with anyone” gets many takers.

The irony of broad positioning

Herein lies the problem. When you’re trying to speak to everyone in this way, you’re not actually talking to anyone in particular. So, whilst the intention is to be attractive to everyone, you end up not being particularly relevant or enticing to anybody.

So, if you accept the need to better define your ‘who’ (and be specific in doing so), how do you actually go about doing it? How do you start on the journey from generalist (“we work with anyone”) to specialist (“we only work with….”)?

Find your mojo by getting over your FOMO

Firstly, you’ve got to be willing to change. This means getting over your fear of missing out. That voice that says, “but if we say we only work with these clients, it means we can’t work with those ones”…yes, that one. Ignore it. The gains that come with focus far outweigh the drawbacks (assuming you don’t narrow your focus too far, of course).

Secondly, don’t assume the market for agency services can only be broken down by recognised sector categories, such as retail, banking or travel. Defining your audience vertically might be the way to go. But beyond this, the market for agency services can be sliced and diced in numerous ways (horizontally). This where you can get creative. When you look at clients, past and present, there are bound to be common traits, themes or patterns, for example:

Are your clients typically start-ups, challenger brands or businesses ‘on the wrong side of 50’ in need of a reboot? 

Are your clients looking to achieve a similar goal? And I don’t mean sales or growth. That’s obvious. Is there something more specific, such as businesses looking to turn over their first million?

Are your clients facing similar challenges, such as getting new products to market or entering new territories? 

What about brand attributes, such as luxury or leisure?

Do you find yourself working with certain job roles, such as founders, entrepreneurs or eCommerce managers?

Are your clients looking to engage a specific demographic, such as the under 30’s or over 60’s?

Or, what about attitude, outlook or way of thinking? Are they innovators or disruptors, for example?

When you look beyond sectors, there are all kinds of possibilities. So, get your senior team get together, lock yourself in a room with coffee and Haribo, and consider the following:

When, how and why did we start the agency? What was our motivation at the time?

When is our agency at its very best? 

What work do we enjoy the most? Where do we get our energy?

When is our team at their most motivated and happiest?  

What does our ideal client look like? 

Thinking about all the clients we have ever worked with, where have we had the most success? What made these clients so great to work with? 

How many of our clients would we happily fire tomorrow if we could? Why?

Of those that are left, are there any common themes or threads that tie them together? 

These are by no means exhaustive. A well-run workshop will inevitably yield further questions and some healthy debate. But they should be enough to get things started.

The power of clarity

Once you define your audience, the impact can be transformational. Clarity comes with focus. Try coming up with a sales and marketing plan with the aim of targeting everyone. Now try doing it when you’re targeting a specific segment (be that vertical or horizontal).

Try saying ‘no’ to a prospect when you have no framework by which to do so. Now try doing it when you are crystal clear in what your ideal client looks like.

Try charging a premium for your services when there is no discernible difference between your agency and the other ten around the corner. Now try doing it when you can demonstrate how your expert knowledge of a specific audience leads to better outcomes.

I’ve worked with a number of clients who have made the move from generalist to specialist; who have narrowed their focus. Never once have they regretted it.

After all, the world doesn’t need another agency doing anything for anybody. But there is always a place for an agency solving a specific problem for a specific audience segment.

Think creatively when defining your target audience2020-11-20T14:37:02+00:00

Positioning. Proposition. What’s the difference?

2020-11-20T14:39:41+00:00
Marry me

Positioning. Proposition. What’s the difference?

When it comes to agencies and business development, the topic of positioning gets a lot of attention. And quite right too. Because if business development was a pyramid, positioning would be its foundation. It sets the sales and marketing agenda.

However, ‘positioning’ is often used interchangeably with ‘proposition’ or ‘value proposition’. Having done this myself, I’ve recently been pondering the difference. This is my take.

Simply put, positioning is what you do, how you do it and, most importantly, for who. It combines your expertise, experience, interests, beliefs and values to create a point of difference or a specialisation. Done well, positioning leaves an impression; words, images or feelings that come to mind when one thinks about your agency:

“Ah, they’re the people that do great video for car brands…”

“Yes, they specialise in helping start-ups make their first million…”

“Yeah, I know those guys, they help FMCG brands tap into younger audiences…”

The proposition (or value proposition) is how you package this up so it resonates with the audience you are trying to talk to. It’s a clear, compelling and credible expression of the experience a prospect will receive by working with you. It might, for example, articulate the problems they face, how your expertise can help solve them, and the outcomes they care most about.

It’s rather like marriage. Positioning is deciding who you are going to spend the rest of your life with. The proposition is how you go about posing the big question, in the hope your future spouse says ‘yes’.

It stands to reason that crafting a focused (and therefore attractive) proposition will be more difficult if you don’t first work on positioning, in particular defining your audience. Only then can you answer the kind of questions that are critical to shaping your proposition, for example:

What are companies operating in this space trying to do? 

What opportunities are they looking to exploit? 

What is standing in their way? 

Who is our main point of contact? 

How would we describe their mindset, attitude or outlook? 

How are they being measured?

Trying to answer these questions when you “work with anyone” is all but impossible. Imagine trying to come up with the perfect marriage proposal before you’ve actually decided who you are going to ask.

This is probably why so many agencies end up with a proposition that is inward-looking (“check out our awards”) and riddled with clichés masquerading as points of difference (“results-focused”“transparent” and “passionate”, for example).

If you want to craft a better proposition, start with positioning. The two go hand in hand but one very much precedes the other.

What do you think? I’m often wrong (ask my wife) so if you think I’ve missed the mark, hit me up with your thoughts.

Positioning. Proposition. What’s the difference?2020-11-20T14:39:41+00:00