On average, agency-client relationships last about 36 months, which means that at any given moment one of your competitors is about to lose one of its clients. Or you are.
It’s no surprise that experienced new business professionals capture a bigger slice of that business. If you’re looking to grow your agency through building your client portfolio, you should consider hiring a full time new business director.
The most successful new business directors have a “hunter” mentality. They have a passion for new business prospecting, enjoy cold calling and have a track record of success. They nurture strong and lasting relationships, have outstanding communication skills and love the “hunt.”
Whether you’re hiring your own new business director or using a fully outsourced resource, asking smart questions can help you avoid making a costly mis-hire.
by
Mark McMullen, President, Catapult New Business