This blog post series looks in depth at firms from our List of Agency Search Firms. These are businesses who help to match brands with agencies, while helping those agencies handle pitches and get meetings. You’ll learn exactly what agency search firms do, the different services offered and what your agency needs to look for in a search firm.
The Future Factory profile
This week we’re looking at The Future Factory, a London based cold calling firm. The Future Factory aims to create leads for agencies listed with them by calling up potential clients and offering services on their behalf. The most interesting thing about The Future Factory is their hands on approach to their clients and business in general. They opt to work so close to the client, even spending several days in their offices, to really understand the agencies they work with. In doing so they then fully understand the best approach to take when cold calling for them and it develops quite a close relationship.
- Cold calling work search services for agencies.
- Relationships management services for agencies.
- Provide brand research and feedback for agencies.
Services for Agencies
By spending 8 days per month, half of that time in the agency’s offices, The Future Factory get clients for agencies by cold calling potential brands. They research these brands and develop relationships with them.
Before this is undertaken however they go through a rigorous understanding process whereby they get to know the agencies business and core principles. They also pass on all information about brands they get work from to their agencies and make sure they are well prepared for the meeting. In this way The Future Factory double as a relationship building firm.
Services for Brands
The Future Factory provides no services to brands directly. Rather they research what services they could provide brands and call up those brands based on a set of unknown criteria.
Charges and Fees
Monthly membership subscriptions are the only apparent payment The Future Factory takes. They decide total monthly costs based on meeting and negotiation (this may be fixed for every agency but it is unclear). These fees may possible be extended each time they win work for their clients but again this is unclear.
Key members of staff – from Linked In
Alex Sibille, Managing Director at The Future Factory
Dan Sudron, Head of Strategy at The Future Factory
Who is The Future Factory right for?
Agencies who like a hands on approach to client work will find The Future Factory to be greatly accommodating. They work closely with their clients and their testimonials suggest they regularly bring in work. They also benefit those agencies not wanting to get in too deep with an agency search firm through the monthly subscription service, meaning you can cancel any month if it’s not working out.
The risks seem low and the potential rewards seem high, so working with The Future Factory could be a good way to test the waters for newer agencies. If your relationship procurement and development skills are high as an agency though, you might want to go for more of a listing service so you have a greater presence online.
No listings, only calls – With no listing or extra exposure, The Future Factory is only good for bringing in clients directly. This means if you are already a star agency at procuring and developing relationships then they may not do too much for you. If you’re looking for a greater online presence, better go with a company that lists your on their website for seeking brands to find.
For a full list of companies in this blog post series, click through to the