Viewing entries tagged
new business wins

How to Be Better at Agency Business Development: Writing the Perfect Proposal Cover Letter

How to Be Better at Agency Business Development: Writing the Perfect Proposal Cover Letter

Let’s start the new year off by eschewing theoretical advice in favor of some tactical guidance you can put to good use right away to improve the effectiveness of your proposals: how to write the perfect proposal cover letter.

Why is a cover letter so important? It may be the only section of your proposal or RFP response that your client actually reads (besides the pricing section). Sure, that’s a cynical attitude, but it’s based on personal experience as well as the experience of other experts, like agency search consultants, that’s been shared with me.

Embrace the cover letter as a strategic sales tool for presenting a persuasive argument for hiring your agency.

4 Fears that Sabotage Agency Business Development (and How to Face Them)

4 Fears that Sabotage Agency Business Development (and How to Face Them)

Going after new business puts you in a vulnerable position. There’s always a risk that you’ll be unable to persuade the other party to buy what you’re selling.

We don’t like feeling vulnerable or being rejected. In fact, it’s deeper than dislike. It’s straight-up fear. To avoid the fear, we might convince ourselves to stay in our safe place and keep doing whatever it is we’ve been doing (or not doing), no matter how unsatisfying or unproductive it is.

The devil you know…

Until a crisis shakes us out of complacency and forces us to act. And then we scramble to fix the crisis, dipping back into our network or lowering our price because we need a win.

What would change for your agency if you could take fear out of the equation?

Read more.