The Professional Services Pursuit Ep. 48 - Redefining the Ad Agency Business: A Discussion w/ Michael Farmer
Aug 17, 2023
41:05
On this episode of the Professional Services Pursuit podcast we bring you a special recording from a recent webinar with Michael Farmer, Management Consultant and owner of Farmer & Company. Join us as we dive into Michael’s book, Madison Avenue Makeover: The Transformation of Huge and the Redefinition of the Ad Agency Business, which provides unique insight into how one company changed in order to survive, and at the same time, redefined the advertising agency business.
Other topics covered in this episode include:
- The key to long term agency success despite pressures from holding companies
- AI’s impact on agency SOW’s and revenue
- Pivoting from labor based billable work
- Improving client performance and how Huge productized their agency offerings
- The importance of improving the dialogue during the scope setting process
For more information, you can find an article about Michael’s book here:
https://lnkd.in/eHVHTm2P
Grab a copy of Michael’s book here:
https://amzn.to/3FIkAjW
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