EP 445: Why agency owners should start online communities with Drew McLellan
Apr 15, 2024
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Drew McLellan discusses the benefits of starting an online community for agency owners, focusing on genuine connection over sales. Topics include fostering trust, strong client relationships, nurturing communities, and creating safe environments. Learn how online communities can drive business growth and enhance professional connections.
Initiating an online community should focus on helping and connecting, not just selling.
Educational content can lead to conversion opportunities within a community.
Effective community management includes defining purpose, establishing rules, and diversifying engagement channels.
Deep dives
Building an Audience Vs. Creating a Community
The podcast episode delves into the distinction between building an audience and creating a community. It emphasizes the importance of understanding the purpose-driven nature of a community in contrast to an audience, highlighting the need for a sustained, non-financial reason for initiating a community. The episode stresses the significance of fostering a safe and thriving culture within a community, where members feel respected and can engage meaningfully. It also discusses the role of valuable content creation in attracting and retaining members, advocating for a consistent and strategic approach over complexity.
Monetizing Engagement and Content Sharing
The episode explores how to monetize audience engagement and content sharing within a community. It conveys the idea that providing educational content and resources can lead to conversion opportunities, where individuals seek more personalized or immediate services after receiving foundational teachings. It underscores the significance of offering specialized services tailored to community members' specific needs, such as customization or strategic support. Additionally, the episode highlights the importance of maintaining a balance between disseminating valuable content and not overwhelming members with excessive communication.
Principles of Community Management and Protection
The podcast delves into the principles of effective community management and protection. It stresses the importance of defining a shared purpose and cultivating a supportive and inclusive culture within the community. The episode emphasizes the need to establish clear rules of engagement to safeguard members' privacy, prevent toxicity, and uphold intellectual property rights. It also addresses the significance of maintaining a growth plan to scale the community strategically and diversify engagement channels to cater to various preferences.
Engagement Strategies and Growth Planning
The episode outlines various engagement strategies and growth planning considerations for building a successful community. It advises on creating dialogue spaces, executing micro-dosing content strategies, and expanding communication platforms to accommodate diverse member preferences. The podcast recommends meticulous curating of community gatherings to ensure a safe and conducive environment for members to learn, advocate, and share insights. Additionally, it discusses the necessity of continuous investment in audience growth and content creation to foster sustained engagement and value for community members.
Monetization, Monetization, and Relationship Building
The podcast episode wraps up by highlighting the interconnected aspects of monetization, relationship building, and content sharing within a community. It underlines the importance of balancing value delivery with revenue generation through bespoke services and premium offerings. The episode emphasizes the value of authentic engagement, testimony-driven sales, and community feedback in driving successful monetization strategies. It concludes by reaffirming the role of community building in enhancing brand loyalty, fostering client trust, and ensuring sustainable business growth.
Online communities are quickly becoming one of the most powerful biz dev tools out there, but there’s etiquette to starting and maintaining one. It’s not for everyone, but for those who are ready, an online community could be your ticket to selling without ever having to actually sell.
This week, we’re continuing the conversation about online communities vs. online audiences, and the vast benefits they can offer to agency owners. Now that we’ve established the differences between an audience and a community, it’s time to ask ourselves deeper questions about why and how we should start one.
The main purpose of starting an online community shouldn’t be selling or profiting from its members. But if you’re in it to genuinely help others and create an avenue for collective thought leadership and connection, increased sales are just part of the benefits.
If you think starting an online community could be the right move for your agency, tune in to this week’s episode of Build a Better Agency.
For 30+ years, Drew McLellan has been in the advertising industry. He started his career at Y&R, worked in boutique-sized agencies, and then started his own (which he still owns and runs) agency in 1995. Additionally, Drew owns and leads the Agency Management Institute, which advises hundreds of small to mid-sized agencies on how to grow their agency and its profitability through agency owner peer groups, consulting, coaching, workshops and more.
A big thank you to our podcast’s presenting sponsor, White Label IQ. They’re an amazing resource for agencies who want to outsource their design, dev, or PPC work at wholesale prices. Check out their special offer (10 free hours!) for podcast listeners here.
In This Episode:
How to start an online community (who, what, where, why)
Are you starting a community for the right reasons?
Why you should expect nothing in return from online communities
Identifying your target audience
What a community leader should provide to community members, and vice versa
The main difference between a community and an audience
3 questions to ask yourself before creating a community
Consistency wins over complexity in online community building
How to benefit from a community without starting one yourself
Using online communities as a powerful biz dev tool
Qualifying your community members
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