The Startup Ideas Podcast Brainstorming The Most Profitable AI Business Ideas
21 snips
Mar 8, 2024 
In this engaging conversation, Eric Siu, founder of the digital marketing agency Single Grain and expert in million-dollar trends, delves into exciting business opportunities within the AI landscape. He discusses innovative ideas like pay-per-performance agencies and AI customer service models that leverage newly emerging technologies. Eric also explains the transformative potential of AI transformation agencies and the gamification of daily tasks to enhance productivity. Tune in for insights on navigating the AI-driven future of entrepreneurship!
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Pay-Per-Performance Agency
- Focus on one industry and run paid ads.
- Charge clients based on performance, focusing on high CPAs.
Successful Pay-Per-Performance Example
- A friend's pay-per-performance agency earns $30 million in profit yearly with only 30 employees.
- Their success comes from industry focus, strong copywriting, and strategic paid ad campaigns.
Telecom Agency Growth
- Another agency started small but grew to over a billion in revenue using pay-per-performance.
- They started with lead generation through Google Ads and expanded by acquiring call centers.