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Small Spark Theory: a marginal gains approach to new business and marketing


New business is one of those subjects guaranteed to get a reaction from agency owners everywhere. Many will have a nagging feeling they should be doing a bit more, wonder how other agencies manage to land the accounts they covet, have moments of wild inspiration and energy then falter because the day job just, well gets in the way.
Gunpowder’s Lucy Mann has worked in agency new business for over 25 years and has witnessed these scenarios, and many more like them, as an outsourced new business telemarketer, a new business recruitment consultant, in house new business developer, in house head of marketing, and new business mentor across multiple disciplines and agency shapes and sizes.
Regardless of size and discipline, many agencies encounter the same new business challenges, and more and more, the solution is not necessarily an ambitious marketing plan, or expensive sales resource, but instead a forensic application of process and a marginal gains approach to performance improvement.
Gunpowder’s podcast, Small Spark Theory® explores the small changes we can make to our sales and marketing process to achieve better new business results. With contributions from a range of experts, each episode will examine a single element of the process in detail, providing manageable tips for improvement.

Find our more about Gunpowder Consulting, please visit gunpowderconsulting.com
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Music from Jukedeck - create your own at http://jukedeck.com.
Host - Lucy Mann
Producer - Isabelle Jarvis

Mar 4, 2019

It’s easy to think that the secret to agency growth is cracking the holy grail of new business acquisition, but in most cases there are untapped opportunities for growth much closer to home, within our existing client relationships.

Over the years I have met many, many agency owners, who have a nagging suspicion that they could be doing more for their current clients, but feel unable to move the relationship from supplier, to trusted partner, and thereby unlocking not only greater revenue potential, but that magical fairy dust we know as referrals.

This is a big subject that I’m going to come back to over future podcast episodes, but to kick us off I wanted to track down the person who has been the most influential in helping me understand not only the skills required for client development, but how embedding process is the ultimate game-changer.

Iain Johnston has more than 25 years of experience in marketing services and business development, and has founded, developed and sold or floated several technology firms.

Iain spent 11 years running GB Group, was deputy chairman at Alterian, CEO of the Loewy Group and has spent 18 years as chairman of Event Marketing Solutions. Now COO of international law firm Hill Dickinson, I travelled to Liverpool to chat to Iain and find out more about his approach, and how everyone can harness marginal gains in client development.