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How to Qualify Leads and Stop Wasting Time On the Wrong Prospects

Season 42 Episode 428 Published 5 years, 3 months ago
Description

Mike Poznansky was still in college when he started working at Red Bull's college marketing division. Since then, he realized the need for agencies that understand students and deliver at the scale and quality necessary to keep up with large consumer brands. That's why Mike founded Neato and now works alongside the world's best brands to design and run creative marketing programs that bring new value to both brands and students. He's here to talk about pre-qualifying leads so you can separate the good ones from the ones who are just fishing.

3 Golden Nuggets
  1. Separate the fishers from the rest. Sometimes clients come in and say "give us ideas" and you may have to if you're a beginner and want to earn their respect. But there will come a point when you need to consider how much work that entails and come up with other options. Mike recommends telling potential clients the agency will interview the target audience and put together a scope. This research involves a payment to make sure that it's at least worth their while. It's a way to separate the fishers from the ones who will actually pay for your services.
  2. Involve the client in the process. The times of coming up with an entire concept and presenting that to the client are over. It's better to involve the clients in the process. This way, you can understand their reasoning when they reject something and have a better chance at getting them to believe in your vision. You also have better insight on important things not reflected on a brief.
  3. Have real human conversations. This goes for both your audience and your clients. Take the time to regularly speak with your audience to really understand what they need. Also, talk to the people on the brand side, on the client-side. Try to figure out what they're challenged with, because it could be something that they haven't even considered.
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How to Qualify Leads and Stop Wasting Time on the Wrong Ones

Jason: [00:00:00] Hey, what's up, everybody? Welcome to another great show. The smart agency masterclass. I have a really good episode today coming up with Mike, who's built a really amazing agency and we'll get into that in a second.

Now, before we jump in, I want you guys to take a screenshot of the show. And then I want you to post on Instagram and tag us so then we can give you a shout-out for being a loyal listener.

So let's go ahead and jump into the episode.

Hey Mike, welcome to the show.

Mike: [00:00:33] Hey! Thanks for having me, Jason.

Jason: [00:00:35] Yeah, man. I'm excited to have you on. So tell us who you are and what do you do?

Mike: [00:00:39] Yeah, my name is Mike Poznansky. I'm the founder and managing director over at Neato. We're a full-service marketing agency that helps brands connect with young audiences with a focus on gen Z and college students.

Jason: [00:00:51]

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