Agency Focus: 10 minutes with ... Black Tomato

Founder and director Matt Smith talks to Leanne Bell about the agency's plans for 2009.

Black Tomato
Black Tomato

- Location

Shoreditch, London

- Staff

25 full-time employeees, plus occasional freelancers according to need.

- What's the lowdown?

The young agency has grown its C&I offer by bolstering its team with additional staff, and achieved significant business wins in the FMCG sector. This year, it also moved office from Putney Bridge to Shoreditch.

- How's business?

Agency founder and director, Matt Smith, says business is going strong. It achieved revenue of £3.5m in the year end to December 2007 on the C&I side of the business. Smith forecasts revenue to be up 50% by the end of this year, which he says is an achievement given the challenging financial situation worldwide. "We have a clearly targeted sales strategy for the industry sectors that we work in and have expanded it into new ones," he says. In 2008, the company recruited seven new staff to handle C&I work, taking the total to 13.

- What are your financial targets for the next year?

Black Tomato is holding off setting firm financial targets due to uncertainty about the global economy. Smith says: "We haven't pinned down exactly what we are looking to achieve because there has been a lot of change over the past three months in terms of client budgets. In any normal year, the targets would be done and dusted. It will be another growth year but probably not as aggressive as 50%."

- What's your growth strategy for 2009?

"The main things are winning new accounts and introducing a fuller range of our services to existing clients," says Smith. "Our sales team will go out and talk to people to raise awareness about Black Tomato. We are trying to put in as many pitches as possible as we have a good conversion rate."

- Event highlights for 2008

An incentive to Istanbul for a building sector company's 300 dealers, which include chartering a private plane, five-star accommodation and day excursions. Also a client entertainment and conference event for a telecoms firm saw 80 delegates fly to Beijing, with a gala dinner at the Great Wall and a visit to the Forbidden City among other activities.

- What industries have strong business potential in the current climate?

Smith believes the insurance, law and FMCG markets still look promising at this stage. "We think these industries will be slightly less badly affected by the world's sensitive economic situation," he says.

- Currently pitching for

A Las Vegas incentive programme for a retailer that will involve around 360 delegates, a New York weekend incentive in February for 60 guests of a technology distributor, and board meetings in Dubai/Abu Dhabi for TV channels, which will include travel by Rolls Royce and seaplane in March.

- How will global financial troubles impact on the industry?

"There will be fewer events out there as client budgets decrease, so we will all be fighting harder to win new business," predicts Smith.

- Expansion plans

The agency is opening an office in New York early next year. "We will definitely be pushing our C&I services there," says Smith. If this is successful then - longer term - the possibility of openings in Sydney, Cape Town, Moscow and Beijing would be investigated.

- Dream client

Smith says: "Probably Diageo because it has a great portfolio of brands and it's always forward thinking."

Have you registered with us yet?

Register now to enjoy more articles
and free email bulletins.

Register now
Already registered?
Sign in
IBTM World Trends Watch 2020: 'The changing face of delegates'

IBTM World Trends Watch 2020: 'The changing face of delegates'

Report identifies global MICE trends in areas such as technology, sustainability and incentive travel.

In pictures: Villa Copenhagen opening in 2020

In pictures: Villa Copenhagen opening in 2020

Central post office built in 1912 has been restored to house the new 390-room hotel that can host events for 1,200 attendees.

Strata brings in a dozen new recruits

Strata brings in a dozen new recruits

Agency hires 12 people across all departments, including client services director Laura Awcock.

Our view: Flexible working is key to retaining the best talent

Our view: Flexible working is key to retaining the best talent

C&IT's associate editor Andy McCorkell explains why supporting working parents is so important for a successful business.

In pictures: New events venue opens in Herefordshire

In pictures: New events venue opens in Herefordshire

Crumplebury has onsite accommodation, flexible event spaces, a farm-to-table restaurant and views of the countryside.

6 ways tech can make events more sustainable

6 ways tech can make events more sustainable

Planners can challenge the more wasteful elements of events, says CEO of events management company Eventopedia.

Double sunrise: Would you book a 19-hour flight?

Double sunrise: Would you book a 19-hour flight?

After Qantas trial flight from London to Sydney lands, we ask event planners what they think.

Science Museum unveils new event space within medical exhibit

Science Museum unveils new event space within medical exhibit

Exhibition opens for drinks receptions and events amid one of the world's largest medical galleries as part of £24m refurb.

Venue of the Week: Adare Manor

C&IT's 2019 A-Listers were treated to a stay at the luxury Irish getaway on an 842 acre estate in County Limerick.

7 lessons for event planners from... the John Lewis Christmas ad

7 lessons for event planners from... the John Lewis Christmas ad

Everyone's nightmare is a fire-breathing dragon near a highly flammable Christmas tree, isn't it?

LATEST JOBS