Smart Agency Masterclass with Jason Swenk: Podcast for Digital Marketing Agencies

Jason Swenk
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Oct 12, 2022 • 21min

Do You Uphold Your Agency's Core Values Everyday?

Do you live by your agency’s core values? Have you spent time defining those values? Do you communicate them with your team? Many accidental agency owners haven't however it is a critical component of growing your business. For some, it's a one-time exercise that is just as quickly forgotten. Your values are the guiding principles leading the way your agency team operates. Today’s guest shares how he built a value-based agency, how these 5 core values affect everything his team does, and the biggest challenges he has faced while scaling his agency. Will Roberts is the founder WebBox, a digital marketing and web design agency that collaborates with clients to create unforgettable experiences and campaigns. His agency strives to provide a relentlessly responsive service, which is one of its core values. Will shares why each of those values is an important pillar of how the agency operates and how he has chosen to celebrate his team’s small victories. In this interview, we’ll discuss: Building an agency based on 5 core values. How to solve your recruitment woes. Learning to celebrate small victories. Sponsors and Resources E2M Solutions: Today's episode of the Smart Agency Masterclass is sponsored by E2M Solutions, a web design and development agency that has provided white label services for the past 10 years to agencies all over the world. Check out e2msolutions.com/smartagency and get 10% off for the first three months of service.   Subscribe Apple | Spotify | iHeart Radio | Stitcher | Radio FM Being the Change You Want to See in the Agency World Like many agency owners, Will started doing some freelance work for some friends and family to gain experience. He got paid £75 for his first website – which he laughs about now. He quickly learned working for friends and family was not the best strategy, but thankfully he started getting calls from local businesses wanting his services. It was the first step toward growth. He was still halfway through university in 2008 when, after a few interactions with agencies, he became interested in the industry. One of the big problems he saw was that agencies didn’t really care about their clients. Regardless, he knew there was potential for someone willing to raise the game by introducing some changes. Building a Digital Agency Guided By Core Values Plastering your values on your meeting room wall and actually living those values are very different things. Will had the opportunity to see how some agencies worked back when he was in college. He saw many things that could be improved and decided to build something different. He noticed a lack of direction resulting in poor client service. Employees were often not really aware of or held accountable to the company’s core values. For his part, Will has worked to build a value-based agency. It is an important part of who they are as an agency. His team is even encouraged to bring up if they ever feel the agency is doing something that is contrary to these values. Everything they do goes through five core values that were part of creating an agency that was focused on users and clients. 5 Core Values that Steer Agency Growth Collaboratively Creative. They try to not go into meetings with an attitude of “it’s our way of the highway”. Instead, they open the conversation with their intent to collaborate. Mutual respect is key - clients know their niche really well and his team knows UX. Bringing those two together ensures better results. BrutallyTransparent. As an agency, you have information that can make or break a client’s website or online presence. Some agencies may choose to withhold that information. However, WebBox chooses to be transparent. Many times what a client wants is not necessarily what they need. Getting them to understand this leads to difficult conversations. This transparency also goes through to their accounts. They share timesheets with clients so they know how their resources are being spent. Seriously Skilled. WebBox brings on highly skilled specialists only. This is true for both clients and team members, who are actively encouraged to set time to train and get better at what they do. Proactively Ambitious. As an agency, they want to be ambitious and keep growing, but they are also ambitious for their clients. Client growth is also their victory as an agency. Relentlessly Responsive. It is not unusual to wait days and even a week to get a response from an agency. Will decided his agency would make it a priority to get back to clients quickly, within the hour. They believe if they’re going to partner with clients, then they’re going to be there when they need them. Challenges He Has Managed to Overcome While Growing His Business Keeping their sales pipeline full. An important part of scaling your agency is putting systems in place to keep your pipeline full. If your agency is still 100% project-based, remember your pipeline can be a risk. This was the case at Will’s agency, so six years ago they introduced retainers and also added PPC management to their services. This way, they have balanced their income to a point where 60% comes from project-based and 40% from recurring revenue. This move has really helped them grow their team and also provided a solid base. Finding the right people to join the team. His agency has struggled with recruitment as they grew and the team couldn’t keep up with the demand. Since then he has built a recruitment funnel, a very important step in any agency’s journey. After you build a sales system, it’s time to put together the right team to continue to scale your agency. The search for this team is a continuous effort, so you should always be recruiting. Finding time to work on the business. Will has been able to carve out some time each day to work on the agency rather than in it. Most agency owners will have a hard time getting to this point. You may think your responsibility is being the hardest working member of the team. However, being the first to get to the office and the last one to leave will only result in one thing: burnout. Will now sets apart half an hour in the morning where he focuses solely on strategies for the business. It’s all about figuring out time rules to create to keep yourself accountable. Want the Support of Amazing Digital Agency Owners? If you want to be around amazing agency owners that can see you may not be able to see and help you grow your agency, go to the Digital Agency Elite to learn all about our exclusive mastermind.
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Oct 9, 2022 • 25min

3 Key Strategies to Help You Acquire Tons New Agency Business

Are you struggling with client acquisition? Do you offer a ton of services but still can't scale? Wonder what else you could be doing to get the attention of the right clients? In today’s episode, we’ll learn how an agency went from getting most of its business from cold emails to evolving its acquisition model. Our guest also shares the mistakes he made in his first two agencies which led to massive success the third time around and a merger deal which led to more growth. Chase Dimond is a partner at Structured Agency, a highly-collaborative eCommerce marketing agency. With three agencies under his belt, Chase now reflects on past mistakes and shares how he grew this agency to a team of 100 people working from 6 countries working with brands doing 7-9 figures online. In this interview, we’ll discuss: Mistakes and learning what not to do with your agency. 3 challenges of an agency merger. 3 ways to acquire new agency business. Tips for growing a following on Twitter. Sponsors and Resources Verblio: Today's episode of the Smart Agency Masterclass is sponsored by Verblio. Check out Verblio.com/smartagency and get 50% off your first month of content creation. Our team loves using Verblio because of the ease in their process and their large pool of crowd-sourced writers. Subscribe Apple | Spotify | iHeart Radio | Stitcher | Radio FM   Learning Hard Lessons on What Not to Do to Grow a Digital Agency Chase formed his first agency as a side gig hustle from his full-time job out of college. As a kid who, he admits, thought he knew more than he actually did. He didn’t have case studies but he was lucky to purchase a dating website for Bernie Sanders supporters that ended up going viral. It was the best way to attract clients and he learned a lot from the experience. They quickly scaled that agency to $30K per month on the side of their full-time jobs, but offering 8 different services as a side gig wasn't sustainable. The partners disbanded the agency and focused on their full-time jobs. A couple of years later, he gave it another try at creating an agency with some friends. Admittedly the lessons learned the first time didn't stick. This time, they got it to about $80K/month but went their separate ways after a falling out. From that experience, he knew he wanted to start an agency with a singular focus. Email had been at the core of everything since Chase's first business, so in 2018 he started an email marketing agency for eCommerce brands. They later merged with a paid social agency in 2020 servicing similar clients so now they can offer both customer retention and acquisition to their clients. Looking back, he can see that in the first two agencies he made the mistake of trying to offer too many services right away. It was impossible to staff and predict demand for each offering. This time around he's been successful because they focused on doing one service well and then merged with another agency offering a tangential service. 3 Challenges with a Digital Agency Merger Recently, his agency merged with another agency that had been a close referral partner for many years. They actually helped his agency early on with getting their first clients. They were already familiar with each other and offer complimentary services which naturally went together. They realized with more agencies specializing, brands have 8-12 agencies. They decided it would be best to bring together two core services under one roof and one P&L to keep servicing the same clients. There are still a few things lingering even though it's been 2 years since the merger: Establishing a united brand. They haven’t figured out how to unite under one name. Clients know and refer to them by their separate names, making it difficult to establish a united identity. However, they might not have to. In Jason's experience, he prefers keeping the agency’s name and identity so clients don’t get confused. Cross-selling services is harder than expected. They used to sell people on an email campaign, which is a very simple service to explain. But now they have to sell clients on paid ads as well, which is more complex and has a lot of moving parts. Figuring out how to cross-sell and educate clients is really important. Without it, the agency loses opportunities because your clients don’t know or understand the services. Realizing shared costs and infrastructure. They still have operations on each side and haven’t really crossed the chasm of understanding the other person’s business model, how to offer their services, and how they differ. 3 Strategies to Acquiring New Agency Business  1. Building the Founders' Personal Brand In 2018, a lot of their business came from cold emails. Now they have evolved into content marketing, strategic partners, and developing the founders' personal brands. In this way they are focused on podcasts interviews, speaking at events, and creating out content to attract clients. 2. White Labeling One of the things they did early on is become a white-label partner for big agencies. Big agencies not specialized in email marketing would bring them in as a partner agency. Many are not willing to be a white-label partner for other businesses, but it has been a really great way to build case studies. 3. Strategic Partnerships Another big source of business are partnerships, which came in three shapes: tech partners, influencers, and other agencies. Tech partners, like Klaviyo, work best when partnering with a fast-growing tech brand. Another way to gain authority is by partnering with other personal brands or influencers within your client niche. Lastly, is other agencies. The easiest way to build your agency in the very beginning is to get in bed with other agencies and have them white label you. The key is finding the right partner who accepts your agency and its processes without . Tips for Growing Your Following on Twitter Chase now focuses on developing his brand on Twitter, LinkedIn, and short-form video. He has between 70K-80K followers on Twitter and is getting about 3 million impressions every single month on his content. For him, growing on Twitter is all about: Consistency: tweeting about four times a day. Threads: they take a lot of time to plan and you really have to know how to make them hook audiences and keep people interested. But they work wonderfully once you do. Distribution: getting the right people to comment, like, and retweet your content. Once he had that in place, Chase also started to run ads targeted at his followers with relevant content he wanted them to see, like his threads. So he’ll use ads to retarget his own content to people. He’s also started to build a network of specific pages. For example, he has “email of the day” thread, where he shares screenshots of emails he likes. Because Twitter is his biggest platform, any content that works there gets repurposed for other platforms. For example, if one of his tweets is a hit, it will go on his IG and LI. For the most shared tweets, he’ll do a video later on. Want the Support of Amazing Digital Agency Owners? If you want to be around amazing agency owners that can see you may not be able to see and help you grow your agency, go to the Digital Agency Elite to learn all about our exclusive mastermind.
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Oct 5, 2022 • 24min

How to Generate So Many Leads Your Agency Has a Waitlist

Have you considered creating a course to attract clients? How about having so much business you need to start a waitlist? Creating a course is one way to pour your knowledge and experience into content that gains interest in your agency services. Today’s show guest started making courses and offering mentorship which eventually led to a mastermind, where clients and potential clients share ideas and experiences. She's sharing how this positive for her agency led to having a waitlist of clients wanting to work with them. Katie Wight is the founder and CEO of KWContent, a social media marketing agency specializing in growing audiences, engaging consumers, and amplifying clients’ impact through their best-in-class content and social media strategy. Recently, Katie decided to offer courses where brands get access to her agency’s frameworks and methodologies. Today, she shares the success this move turned out to be for her agency. In this interview, we’ll talk about: Toxic leadership that holds back the team. Generating so many leads you can pick and choose clients. Developing your own client community or mastermind. The biggest lie about agency growth.   Sponsors and Resources E2M Solutions: Today's episode of the Smart Agency Masterclass is sponsored by E2M Solutions, a web design and development agency that has provided white label services for the past 10 years to agencies all over the world. Check out e2msolutions.com/smartagency and get 10% off for the first three months of service. Subscribe Apple | Spotify | iHeart Radio | Stitcher | Radio FM Toxic Leadership That Holds Back the Team After a great experience in her first job, Katie worked for several months at a company where the toxic work environment fostered by the leadership led to very high turnover rates. At first, she was very excited to work with them. However, she slowly realized they didn’t necessarily live their external company values and mission. This was an immediate turnoff for someone who really values company culture. Additionally, she went from having flexible work hours to having to adhere to a strict work schedule. Lack of alignment and a roadmap makes it really hard to delegate tasks. It eventually became an obstacle when Katie was setting up the company’s content strategy and growing the brand on social media. Unfortunately, this had been previously handled by the founder, who did not provide proper direction. It was a situation where the company leader was not ready to delegate control of the company’s social media. Without this support, she just couldn’t do her job properly. As agency owner, most of us aren't prepared to be good leaders from the start. It's not something that comes instinctively to most, however, stepping down from certain tasks is a necessary part of your agency’s growth. In cases like this, failing to do so turned the owner into the problem. Why are so many amazing brands terrible places to work? It all comes back to leadership. Following this experience, Katie did the math on how what it would take replace her income. And suddenly, she had started an agency. Generating So Many Leads You Can Pick and Choose Clients Back in 2019, Katie’s agency reached $500K in revenue and she started delegating some of her work. She knew she needed to systemize everything so she spent time and resources building that out. If you’ve gone through this process with your agency, you know that systemizing your creative process is no easy feat but it was just what needed done at that point. By the time the pandemic hit in 2020, she had a very small team and no "essential brands" as clients that could keep functioning during the lockdowns. It was a scary time but it became clear she had to lean into the educational component as a pivot for her agency. After spending so much time systemizing her process, she was ready. It was perfect timing since a lot of smaller brands were trying to figure out how to pivot online. The agency's first course offering was a very comprehensive view of the purpose of social media marketing: what it’s meant to do, how to systemize it, and align it to your goals. It helped a lot of clients understand what they needed to focus on and what work they could stop doing. Some of them finished the course and asked for more or even mentorships in specific areas. Yet others wanted to hire the agency for their services. This was game-changing for Katie's agency because it brought a lot of business to the agency.  While they used to pay for leads, now they have a waitlist for calls and scan the list of companies to pick and choose who they want to work. Offering Mentorship and a Client Mastermind for Additional Growth The first year of the course went really well and it impacted their sales, conversion rates, and overall business. Everything seemed to be working and attendees were asking for more. They also learned a lot about who they were capable to advise and the kind of work they most enjoyed doing. It was clear, following the course people wanted to work with KW Content. And they were being asked for more than just social media. A lot of people on her team had worked for big brands that had gotten to the level where their clients wanted to go. This experience established authority within her team and they were confident that they could advise clients on growth. The next natural step was forming a mastermind. A mastermind is an opportunity for your clients to talk to each other and share what’s working for them. If you can get them together as an added bonus of working with you, it can be beneficial for all. Also, by just connecting people you are almost ensuring your clients recommend your services to others. The Biggest Lie about Agency Business Growth For the first couple of years of the course, Katie and her team just tried to deliver everything clients wanted. Because of this, they ended up burnt out. After working themselves to exhaustion and needing a break, Katie learned the importance of measuring happiness as an important KPI. The biggest lie about business growth is the more you do the faster you’ll grow. It used to be "hustle harder, " right?  Instead, Katie realized her agency has continued growing without being IN everything. What she recommends for agency owners feeling burned out right now is to never bite off more than they can chew. It may sound like a crazy thing to say to entrepreneurs, but the best advice for her is to find something you do very well and stay focused on that. Want the Support of Amazing Digital Agency Owners? If you want to be around amazing agency owners that can see you may not be able to see and help you grow your agency, go to the Digital Agency Elite to learn all about our exclusive mastermind.
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Oct 2, 2022 • 38min

How to Increase Agency Valuation By Firing Yourself

Are you too involved in your agency’s operations? Too stuck working IN the business to work ON the business? It's time to fire yourself from some of operations tasks and increase agency valuation. Removing yourself from daily operations is a great way to prepare your agency for an eventual sale and increase its valuation when the time comes. Start by identifying tasks you don't like as well as the ones someone else could do much better. Tom Foster is the founder of Foster Web Marketing, a digital agency that helps doctors and lawyers get in front of their ideal customers. Clients usually come to them to build their websites, but many choose to also have them handle aspects like website optimization and content creation. After transforming to a fully virtual model, it took an acquisition offer for Tom to realize he needed to change some things in order to increase its value. In this interview, we’ll discuss: Preparing your agency for a future sale. The different approaches to sale. Firing yourself from your agency tasks. Sponsors and Resources Wix: Today’s episode is sponsored by the Wix Partner Program. Being a Wix Partner is ideal for freelancers and digital agencies that design and develop websites for their clients. Check out Wix.com/Partners to learn more and become a member of the community for free. What's your agency's valuation? Get the formula here. Subscribe Apple | Spotify | iHeart Radio | Stitcher | Radio FM   Podcast Takeover!! Get to know your Smart Agency Guest Host:  Dr. Jeremy Weisz is the co-founder of Rise25, an agency that helps companies launch and run podcasts profitably. He followed Jason’s podcast and eventually joined the mastermind and has been a guest on the podcast before. Today, he’s helping Jason bring something new to the Smart Agency podcast audience by interviewing a special guest and bringing a new perspective to the show. Are You the One Bringing Down Your Agency's Valuation? Tom originally entered the world of technology to focus on sales and marketing in 1991 after serving a six-year tour in the Marines. Right after the Marines, he went to work in software sales doing cold calls, fax blasts, and selling translation software. He ended up being very successful early on and got into the software business in the floppy disc era. After forming his own agency, Foster Web Marketing, Tom started working on an all-in-one solution SaaS for website building. Creating his own software was a big undertaking, but there weren’t as many options back then. The platform, called DSS, continues to be part of his agency’s main offering. The platform offers CMS, CRM, lead management system and SEO tool, social media tools. Everything you’ll need for DIY digital marketing. Recently, he received an offer to sell his agency. Although it was very flattering the time just wasn’t right. However, it helped him realize he needed to fix some things to increase the agency’s value to where he knew it could be. The most noticeable problem was that Tom was involved in everything. As the agency’s visionary, he knew he needed to fire himself that were not the most effective ways to spend his time. Try a Different Approaches to Grow Agency Sales For Tom, constant communication is the most important aspect of training someone in a new task in your agency. Of course, he also likes to hire people who bring their own experience. He recently hired someone with a lot of experience in a different area of sales. There are different types of sales people and different approaches to the sale: Hunters find prospects and generate interest Trappers close the sale Tom used to exclusively hire trappers but now he wants a more well-rounded sales team. Rather than just continuing what he has done over the years,  he's looking for a new or different approach. He understand what he's been doing has gotten the agency where it is. However, in order to grow it's important to hire someone to get them to the next level. Fire Yourself From Agency Operations When he first started the agency, Tom coded, designed, wrote copy -- all the things! Recently, he has been delegating most of those tasks, or as he calls it, firing himself from his many jobs. He trusts his team to do a much better job. It wasn't easy at first, but he started by delegating any task he didn’t like and things he knew someone else could do better. He has a great agency team who he trusts and feels comfortable leaving the job to them. You might be the person holding back your agency growth. Consider all the tasks you're doing. Which ones can be delegated? Which don't you like or aren't good at? Lean on your team and delegate outcomes. There are probably tasks you really enjoy doing and don’t want to let go of, and that’s fine. Tom still jumps into sales and marketing once in a while but acknowledges those can't be his focus while also focusing growing the agency. Creating a Strong Agency Culture While Being Fully Virtual When the pandemic started, Tom's office had a staff of 30. Like many businesses in the light of Covid-19, they swiftly moved to a remote team overnight and got stuck paying rent for an empty office for two years. In the end, it worked out well because going virtual allowed them to become more efficient and effective. As a fully remote agency, Tom sources talent from different parts of the country. Expanding beyond geographic limits has allowed him to hire amazing talent. It has also allowed him to keep talent that decided to move away from the DC area after the pandemic. That said, company culture is a very important element of any successful agency and Tom admits it’s really hard to do over Zoom. How do you inspire a remote team and maintain culture? Keep your staff content by creating a good work environment. It’s not just about giving them a raise, it's about treating them with respect and protecting them from abusive clients. Tom also believes in creating bonding moments in a virtual environment. He encourages game nights and morning meetings with the entire staff, where managers go over the most important things that happened the day before and the agenda for the day. This is a way to keep the entire staff in the loop when it comes to what’s happening in the company. Want the Support of Amazing Digital Agency Owners? If you want to be around amazing agency owners that can see you may not be able to see and help you grow your agency, go to the Digital Agency Elite to learn all about our exclusive mastermind.
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Sep 28, 2022 • 26min

What Big Decisions Do Successful Agency Owners Make Every Year?

Agency owners make important decisions every day. But, what are the most important decisions to grow your agency? How can you make sure you’re making the best ones for the agency? Simply put, the biggest, most important decisions are the ones that positively impact your agency in the long term. Those are the ones made with the future of your business and your employees in mind. Today’s repeat guest has run a successful agency for ten years and now shares why he believes agency leaders should focus on making 10 big decisions per year while sharing a few of his in 2022. He also tells us why CEOs should allow themselves to be bored in order to spike creativity. Manish Dudharejia is the founder and president of E2M Solutions, a full-service white-label digital agency. His agency works as a trusted partner with agencies to scale their business behind the scenes. E2M has been serving agencies for 10 years and currently works with about 130 agencies across the U.S. Reflecting on the agency’s 10 years in business, he now identifies the changes that would set his business on the path of growth. In this episode, we’ll discuss: Why agency leaders should make 10 big decisions in a year. The yearly exercise to assess your past decisions. Why you shouldn’t fear boredom. Subscribe Apple | Spotify | iHeart Radio | Stitcher | Radio FM How to Make the Big Decisions and Grow Your Agency As an agency CEO, there are always a thousand things to do and many people depend on you to make the right call at any given moment. Manish believes that a CEO’s job is to make 10 big decisions every year and tries to live by this. His agency turns ten in 2022 and that adds up to a hundred BIG decisions made over the years. Some of the most important decisions he has made led his agency to where they are right now. To him, being an observer and learning what not to do helped him build a successful agency right from the start. Decision 1: What is the right leadership style for your agency team? Manish started his career working at two companies where he learned how leaders should not treat their employees. He never felt like his well-being was a priority. One of the things that struck him the most was employees being micromanaged and not given room to grow. When it came time to form his agency, he asked himself “what’s something I always looked for in an employer?” He also thinks about these lessons when he’s making a decision as an employer and thinks about whether a decision would make sense to him if he were an employee. Companies solely focused on growth and profit end up being terrible places to work and have subpar customer service. However, companies that strive to be either employee-focused or client-focused greatly benefit from this approach because they are not putting themselves first. In the end, Manish is building his agency as a combination of these two approaches. An agency with a humanized approach to customer service which prioritizes employees. Decision 2: How do you manage employee satisfaction and retention? Manish says he has no strict budget when it comes to spending on employees. Usually, business owners create budgets at the start of the year, but he prefers to not set a limit and spends as much as necessary. Manish views this type of spending as an investment rather than an expense. His philosophy is “let’s do what is needed”. Decision 3: How do you show appreciation to your team? He also pays particular attention to payroll by paying top-dollar in the industry and never late paying his 150 employees. He knows how important this is for employees and has greatly helped his agency with retention. Employees feel taken care of and he’s very proud of that. Employees are also an important element in his decision-making. If you’re about to make a decision, you should ask yourself whether the result benefits everyone at the agency. Remember short-term decisions to save money will not have long-term effects. If it works for everyone, then it will have amazing results in the long run. Early Agency Mistakes: Trying to Do Everything for Everyone Within the first 3 years, his agency was seeing great success and started jumping into trying new technologies like mobile app development. Trying new technologies is not a bad move, of course, but trying everything dilutes your team's focus. Decision 3: What are your agency's strengths? Dabbling in too much diluted Manish's agency's profits, because the revenue generated in some areas was then put into developing these new services. They kept growing, but the profits weren’t there. It was the information era and people got easily distracted by every new development. The moment there was new technology available, every agency wanted to be among the first to implement it into their services. Years later, this is still the case many times. There’s nothing wrong with wanting to be at the forefront of new industry developments. In fact, many times it is the only way to get ahead of the competition before the new space gets crowded. However, at some point, the novelty around these new technologies wears off, so rather than jumping from one technology to another, Manish prefers to focus on solving larger problems for his clients. On the other hand, a way to continually try new things while also staying focused is to have an incubator division within the agency. Bottom-line, the key is to remain hyper-focused so you don’t dilute the work you’re doing. Decision 4: What is your agency's CORE service offering? Manish has concentrated his efforts on running an agency focused on one space -- white labeling to solve problems around customer service. When you’re starting an agency or any business you have a growth mindset. However, we often ignore the fact that, as the agency, the market also continues to grow. With that in mind, Manish has set out to keep his agency hyper-focused on core services and in the niche of servicing only digital agencies. This has helped his agency achieve success and growth over the past ten years. Decision 5: What can you learn from the past? Many years ago, Manish started analyzing the prior year and taking a step back to assess how to improve its services and restructure its offering. One of the best decisions that came from those yearly meetings was productizing their service, which led to tremendous growth. Doing this yearly exercise gives a clear idea of what’s working for your agency and what’s not. It also serves to trace the path of what to do for the following year. In the agency business, we’re constantly looking forward to what’s next. Set aside some time to look back one year or even further in the past and realize what worked and what needs to change in your agency. You can implement this tactic in several areas. For instance, rather than just looking at new lead magnets, also look at old blog posts that did very well and think of ways to optimize that content and do similar posts. Why Agency Leaders Need to Trust Their Gut Manish is a quick decision-maker, so if he thinks a decision is the right one he acts on it right away. Some people stop themselves from making the right decision because they don’t haven't figured out the "how." Don't let this stop you from setting the right course for your agency. The "how" is part of what you’ll figure out later on. At one point, he decided that, since his target audience was mostly in the US he should move there. It was a bold move, but he says it’s the best decision he’s made. He learned a lot, met a lot of people, and got a better understanding of how his clients think. He took those new experiences and has been working on improving his agency ever since. Other than trusting your gut and making quick decisions, Manish recommends educating yourself as much as you can. He dedicates a lot of time to learning about human psychology and how the mind works. This has helped him a lot in making decisions in complex situations. Entrepreneurs and Visionaries Should Not Fear Boredom A wise agency owner makes sure there's always free time to do meaningful work. If you really want to grow your agency, make a list of the tasks you do and ask yourself “is this something that could be done by someone else?"  If the answer is yes, then start looking for that person. It's important to know when it's time to delegate, automate, or eliminate tasks to free up time for more significant work. Many agency owners fear this point where they can have more free time for themselves because they fear boredom. Boredom is not bad. Boredom leads to creativity and creativity leads to productivity.  This creativity is vital for the role of a CEO in any company. Want the Support of Amazing Digital Agency Owners? If you want to be around amazing agency owners that can see you may not be able to see and help you grow your agency, go to the Digital Agency Elite to learn all about our exclusive mastermind.
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Sep 25, 2022 • 22min

Why Niching Down Isn't Enough and 4 Tips to Build Client Trust

Are you searching for ways to stand out from your competition? Niching down is one way to do it, but that alone might not necessarily cut it when it comes to getting noticed. One school of thought drilling down even more in a technology or service vertical. And don’t underestimate how far genuine honesty and asking the right questions will take you when it comes to earning authority and trust. Adam Pearce and Peter Gardner are the CVO and CEO of Blend Commerce, an e-commerce customer experience agency for Shopify businesses. Adam and Peter believe that Customer Experience (CX) is the cornerstone of both customer acquisition and long-term customer retention. They focus obsessively on improving clients’ CX pre-, during-, and post-purchase. They’ve been through some rocky years as they grew their agency but the real change began once they learned to see each others’ strengths and built a community of agency owners willing to help each other. In this interview, we’ll discuss: Figuring out your agency’s direction and niche. Developing strategic partners and allies instead of competing. 4 tips to build client trust and stand out from the competition. Subscribe Apple | Spotify | iHeart Radio | Stitcher | Radio FM Sponsors and Resources Verblio: Today's episode of the Smart Agency Masterclass is sponsored by Verblio. Check out Verblio.com/smartagency and get 50% off your first month of content creation. Our team loves using Verblio because of the ease in their process and their large pool of crowd-sourced writers. Tough Lessons About Working with an Agency Business Partner Neither Adam nor Peter were working in e-commerce when they first met through their wives. They both had the idea of starting their own businesses and found the right vehicle when they learned about something called Shopify. Adam was a bit skeptical at first, but he joined Peter and they started their agency journey with Peter in charge of development while Adam handled marketing. Seven years later, they have grown from a team of three to 20 people. They’ve seen some rocky times in their agency, of course. One thing they wish they would’ve learned sooner was understanding each other better. Failing to do so sooner was the root of most of their problems. They’d always been clear about what they wanted to achieve with the agency but they both had very different ideas about how to get there. Adam is a very structured thinker and planner while Peter is more of an idea man. They were pretty much opposites in that sense, which is why they clashed. The light bulb moment came once they realized rather than getting upset at each other for doing things differently, they could just work on different parts of the business while aiming for the same goal. Is Choosing a Niche Enough to Help You Stand Out? The answer is: not necessarily. Picking a niche is an important part of your digital agency growth. Many agencies start doing a little bit of everything and eventually specialize in something they’re great at. Picking a vertical like WordPress or Shopify usually depends on getting an early start. For instance, just picking Shopify as a niche won’t cut it nowadays because the market is saturated. When Adam and Peter first started they were one of maybe two agencies in that niche. Now there are many and as a result, they’ve had to niche down further. They niched down in the service offering by moving more into the retention side. Now they see themselves as a customer experience agency and focus more on the long-term value of a customer for their clients. They were smart in realizing the necessity to be laser focused, not just in the Shopify space but in picking a service vertical as well. They think they have missed out on work due to a lack of experience in a particular service vertical. However on the other hand, they also win a lot of projects because there are not many agencies that specialize in lifetime value before, during, and after the sale. Why Other Agencies Are Potential Allies Instead of Just Competitors If you feel you have to destroy your competition, you may be missing out on valuable strategic alliances. Adam and Peter have always treated other agencies like friends and partners. It's something we promote and encourage with our Digital Agency Elite Mastermind members as well. Early on and not knowing how to get more clients, they decided to approach bigger more established agencies. They presented themselves as a trustworthy referral partner and asked them to send any leads they didn’t want their way. Before long, they actually did start receiving referrals from these bigger agencies. Of course, they also found agencies that were less than willing to engage with them. They even got some competitors trying to stop their progress. Luckily, they had already built good relationships with many agencies so these attempts not only didn’t work, but backfired. It’s a mentality they still practice now that they are a bigger agency as they try to help smaller start-up agencies. Ultimately, there is enough business for everyone and they don't see a need for a "destroy the competition" mentality. Furthermore, you can learn from other agency owners. If we were all more willing to have honest conversations with other agency owners, we would realize we've all had many of the problems and even offer useful tips to each other. 4 Tips To Build Trust and Makes You Stand Out From the Competition Be honest even when it's hard: Honesty set you apart from the competition. If the client has unreasonable goals or expectations, just be honest and tell them. Maybe they’ll decide you’re not the right agency for them, but maybe they’ll hear you out and listen to your ideas. Don’t try to sell everything at once: You probably want to sell a client X, Y, and Z but you know what they really need at the moment is just X. Sell them X, do a great job and build trust. Then, once they trust you, upsell Y and Z. Moreover, not everyone can afford everything at one time. Doing it progressively is the best way to consider the client while still increasing your sales. Ask the right questions: Many clients come in with an idea of what they need, like a redesign of their website store. However, once you start asking the right questions and get them to think about the problems they’re experiencing you realize that’s not the solution at all. Being willing to challenge them on the real problem will help you establish trust. Be willing to educate them. Saying “just trust me” doesn't cut it. Really explain where they’re at and the plan on how to get where they want to be. Explain it almost to the point where they could just do it themselves. They won’t, that’s why they’re looking for someone to do it for them. Plus if they really understand, then you successfully showed them they can trust you instead of just asking them to trust. Want the Support of Amazing Digital Agency Owners? If you want to be around amazing agency owners that can see you may not be able to see and help you grow your agency, go to the Digital Agency Elite to learn all about our exclusive mastermind.
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Sep 21, 2022 • 35min

How to Leverage Relationships to Grow Your Agency Faster

How do you leverage relationships to get results for your clients? How can you leverage an acquisition to grow your agency faster? Today’s guest has a lot of experience in targeted product sampling and built her agency around taking products directly to consumers. It’s an industry where getting the product into the hands of the right influencers will make all the difference and your success will hinge on building the right relationships. She also used acquisition to grow her agency faster and tells us it's not as daunting as it seems. Laurel Rundle is the founder of Aha! Marketing, an agency focused on targeted product sampling. They deliver millions of samples to consumers each year to thousands of locations by putting clients' brands at the center of human interactions already happening. They’ve worked with companies like Gerber, Gillette, and Dove to drive trial and awareness of their brands. In this episode, we’ll discuss: Working with big brands to get their products in consumers' hands. Leveraging partnerships and influencers. Using acquisition to grow your agency faster. Podcast Takeover!! Get to know your Smart Agency Guest Host:  Dr. Jeremy Weisz is the co-founder of Rise25, an agency that helps companies launch and run podcasts profitably. He followed Jason’s podcast and eventually joined the mastermind and has been a guest on the podcast before. Today, he’s helping Jason bring something new to the Smart Agency podcast audience by interviewing a special guest and bringing a new perspective to the show. Sponsors and Resources E2M Solutions: Today's episode of the Smart Agency Masterclass is sponsored by E2M Solutions, a web design and development agency that has provided white label services for the past 10 years to agencies all over the world. Check out e2msolutions.com/smartagency and get 10% off for the first three months of service. Subscribe Apple | Spotify | iHeart Radio | Stitcher | Radio FM Starting a Digital Agency Based on Consumer Behavior Laurel had worked in retail but was not very aware of product sampling when she went to an interview at Samples Incorporation of America. She got the job and worked there for many years. By the time she left she developed an interest in consumer behavior. She went right to starting Aha! Marketing, which is her digital agency focused on consumer behaviors with the goal of getting as many samples out as efficiently as possible.  Her agency works across brands, categories, and audiences which makes the work very interesting. It is a fun business for her and she loves figuring out each campaign depending on the product and where they find the preferred consumers. Every brand campaign is delivered through one of their proprietor networks. Potential consumers aren't approached randomly but rather a part of a carefully selected group. Finding the Right Influencers for a Product Launch If you’re searching for restaurants online and a friend recommends one, you’ll probably go to the one your friend recommends. That is the same response Laurel and her team tries to recreate by working with influencers. There’s nothing quite like trying a product yourself. However, opportunities for this had been limited during the pandemic. Now, two years later, there are many renewed opportunities to get in front of consumers. One of the markets where they’ve been making a lot of progress is new moms. They typically reach expecting and new moms through OBGYN practices and a network of midwives and doulas. Influencers normally have many questions about the product quality, brand, and logistics of receiving the products. If you are prepared to answer these questions and they like the product, you’ll make a very valuable relationship. These influencers are people who normally have a close relationship with new moms so their recommendations are at the top of their considerations. Her agency works with other agencies as well as with brands directly. It involves a lot of detailed logistics to get the brands out there. If they agree to recommend the products, influencers are expected to provide feedback and probably photos. Finally, the number of samples depends on the brand. Some are sent to hundreds of locations and others to thousands of locations. Working With Brands To Do Targeted Product Sampling When it comes to working with the brand, it starts with the type of campaign they’re trying to build to determine the best approach for a particular product. Some other basic information includes how many samples they’re sending and how many consumers they want to reach. For some campaigns, they rely on intermediaries. For instance, for one campaign they targeted people at gyms and had intermediaries approach the trainers to recommend the product to their clients. They got feedback from both the intermediaries and the consumers. They usually recommend brands add a QR code on the packaging of the sample because it helps drive responses. Furthermore, they often organize photo contests with cash prizes. They did it recently with Dove samples and they got back really creative photos of people in bubble baths with the soap. They can also add an offer or coupon, which works based on the brand’s target audience, product, and which offers have previously seen some success with their audience. This is done with a survey gathering useful information. If possible, Aha Marketing likes to have the opportunity to work with the brand around how a sample is designed. They have an interest in the packaging and how it relates to the sample distribution. For example, is it in a tube or a packet? How efficiently can they pack it? Can they reuse material? But not all campaigns involve a physical product. They recently worked with the National Cattlemen’s Beef Association in a campaign to educate new moms on the importance of beef as a first food. The campaign had educational purposes and included white papers for the physicians and displays for their waiting rooms. Acquiring Another Agency to Grow Faster Last year, while in the Goldman-Sachs program, Laurel had the opportunity to acquire another company in her space. The program helped her realize how this opportunity could really help grow the agency faster. It solved a lot of things for them, like getting access to some larger accounts and acquiring clients that complemented the ones they already worked with. Most agency owners find the prospect of buying an agency too daunting a task. Of course, it does involve a lot of preparation but Laurel maintains it was the best decision for their growth. She was careful to involve trusted experts to give her the best advice possible. Other than that, she let the numbers tell the story. By the time she had the right offer, she knew she couldn’t let it pass. The deal was structured in a way that she couldn’t lose. She even recalls it as a fun process from which she learned a lot. Want the Support of Amazing Digital Agency Owners? If you want to be around amazing agency owners that can see you may not be able to see and help you grow your agency, go to the Digital Agency Elite to learn all about our exclusive mastermind.
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Sep 18, 2022 • 47min

How Are Agencies Using NFTs to Add Value to Their Clients Marketing?

Would you like to dive into the NFT world? Agencies are finding ways to use NFTs to connect their clients with their audiences. What's an NFT and how can you get in on it? Today’s guest has worked with big companies that recognized their potential as collectibles. He also created his own NFT project with a charitable and environmental focus and now shares his experience. Chris Madden is the cofounder of Matchnode, a digital ad agency with clients that include the Chicago Bulls, Lending Tree, New Balance, and many more. He also started Seabums, an NFT project that focuses on massively improving ocean health that has donated more than $140,000 to ocean charities. Chris had been studying the rise of NFTs and learning how his clients were successfully implementing them into their businesses. Eventually, he decided that diving into the experience was the best way to learn. In this episode, we’ll discuss: How to land big brand clients. How to get started in the NFT world. Getting creative with NFTs for clients. Sponsors and Resources Wix: Today’s episode is sponsored by the Wix Partner Program. Being a Wix Partner is ideal for freelancers and digital agencies that design and develop websites for their clients. Check out Wix.com/Partners to learn more and become a member of the community for free. Subscribe Apple | Spotify | iHeart Radio | Stitcher | Radio FM Podcast Takeover!! Get to know your Smart Agency Guest Host:  Dr. Jeremy Weisz is the co-founder of Rise25, an agency that helps companies launch and run podcasts profitably. He followed Jason’s podcast and eventually joined the mastermind and has been a guest on the podcast before. Today, he’s helping Jason bring something new to the Smart Agency podcast audience by interviewing a special guest and bringing a new perspective to the show. From Starting Small to Getting Their Dream Client Matchnode started as a small agency with no outside funding and worked with whatever clients they could get. It was mainly a Facebook agency and expanded to Google ads and other paid ad platforms. Chris and his partner slowly built the agency and one day they got the most amazing lead off their website: the Chicago Bulls. By that point, they had done the work to be visible by such a big organization and were ready for the task. Basically, his agency helps the team sell tickets by promoting things like family night or different theme nights. They have a budget for each season and an expected return (about four dollars per every dollar spent). They then meet with the Bulls’ creative team to figure out how they can turn their digital content into great paid social media ads that drive returns. There are a lot of moving parts to figure out, but they are continually working to track better and convert better. Overall, it has been a great experience and has led to several other clients in that space. These opportunities are thanks to all the work they did since their first year. Helping Clients Transition from Traditional to Digital Marketing Now the agency works with big established brands who, after a long history of working with traditional marketing, are embracing digital marketing. Their marketing budgets used to focus largely on traditional marketing and now it is more focused on digital. Matchnode helps them make the transition. It’s very different from working with digital native companies where the senior executives may understand the importance of having a presence in the digital space. With these types of brands, there is some resistance from executives who don’t really understand digital and need to be won over. Because of this, the language they use to talk about metrics, and way that they approach the problems changes. According to Chris, one of the most effective weapons against this resistance is numbers. With digital, the numbers are so clear that clients unfamiliar with this space are often surprised. They may be familiar with more traditional means like a billboard, but when they see how detailed the results for a digital ad are, it’s very convincing. Diving into the World of NFTs Chris had been watching the development of the crypto space and wanted to dive deeper. As a digital ad agency working with the clients they worked with, it became clear to him that digital experiences were moving toward NFTs. He decided the only way to really learn was to jump in with a project of his own. He created Seabums, an NFT project with the mission of massively impacting oceans’ health. The first collection dropped in December 2021 and so far Chris has been enjoying the experience. Working a lot with Facebook, he and his team witnessed how the digital space was changing. They purchased bitcoin as an agency and prepared for a future in which digital interactions and digital networks would be owned by people instead of centralized systems. With NFTs came the chance to own any digital object. In the broader landscape, NFTs are still limited in terms of their use but Chris believes what really matters is the piece of the crypto industry that has garnered more attention from the general public. They seem easier to understand than previous crypto movements that were truly financial in nature. It is a really fun and accessible way to dive into crypto. He also had the opportunity to see how some of his clients were using NTFs. For example, Matchnode works with the Chicago Bulls, and they started to offer NFTs as collectibles that could win fans special perks. Fans with a certain pair of the collection win tickets or a day on the bench, which added to its value and turned it more into an experience. Creating an NFT Project With a Charitable Component As he got into NFTs, Chris saw one of the criticisms was that they are shallow and short-termed. Therefore, adding a charitable component seemed like the best way to add meaning. Chris had been playing with ideas to organize an environmental project to do cleanups. Once he found a partner, they defined the project, centered it around the ocean, and got to work. There are 10,000 pieces in the collection, all completely unique. Basically, those who purchase these pieces will get full ownership and the right to do whatever they want with them. For instance, they can build a business around it and create and sell merch. 20% of the amount paid will go to charity. They’re also working on future components for this project that include a space in the Metaverse and games exclusively based on Seabumps. Chris actually set up his NTF project in a way that he cannot change the price after they have been put for sale. Back when they were getting ready to launch their project, they studied the market and looked at similar projects. Since they had the charitable element and the idea of making this a project that would invite people who had never engaged with NTFs, they settled on a lower price. Things like NFTs and the Metaverse are signs that the virtual world is becoming increasingly important for people. Through them, we now have ways for users to own digital objects and create their digital identities. Want the Support of Amazing Digital Agency Owners? If you want to be around amazing agency owners that can see you may not be able to see and help you grow your agency, go to the Digital Agency Elite to learn all about our exclusive mastermind.
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Sep 14, 2022 • 21min

Why Raising Prices is the Real Game Changer to Increasing Profitability

How can you boost agency profitability? Do you have a clear plan for being profitable? Some agency owners start out thinking they want to get to $100 million. But, whatever you expect to get at $100M, could you get it at $10M? How about right now? Most likely, what you really want is freedom. Today’s guest found out getting there is just a matter of setting up the right processes and having the right team. In tandem, these two elements remove the owner from daily operations and eliminate the need for your input at every step. Chris Rodgers is the founder and CEO of Colorado SEO Pros, a boutique SEO agency that helps market leaders solve complex SEO challenges. His team achieves big results with an exceptional SEO strategy, AI technology, and top talent. He shares his experience in his first few years with his agency, and how he learned the importance of knowing the agency’s value and having the right people in the right seats on the bus. In this interview, we’ll discuss: Early mistakes when you’re building your agency. Why raising prices is a real game changer to increase profitability. Changing your hiring strategy to get the right people on the bus. Sponsors and Resources E2M Solutions: Today's episode of the Smart Agency Masterclass is sponsored by E2M Solutions, a web design and development agency that has provided white label services for the past 10 years to agencies all over the world. Check out e2msolutions.com/smartagency and get 10% off for the first three months of service.   Subscribe Apple | Spotify | iHeart Radio | Stitcher | Radio FM Treat Your Agency SEO As Important As Your Clients' SEO Chris started his career working in corporate marketing. He was first attracted to the digital marketing side because of all the data and tracking and the transparency it provided. When he moved to Colorado, he worked as a senior analyst for an agency and, after a failed venture, eventually decided to create his own agency. His agency started in his home office with an intern that showed up to work in his pajamas. (#Agencylife, right? :) He first started contacting businesses ranking on the second page of Google results to tell them why they needed SEO. Their answer: What is SEO? Chris knew he needed to change his approach and went back to work on his own website’s SEO. Eventually, his website knocked down the biggest company in Colorado for the #1 spot in Google results and they started getting leads from all over the country. This was a huge step for his agency and got them to a new level where they were actually struggling to keep up with demand. At this point, it was still a two-person operation and both he and his intern were SEO specialists. He still needed to figure out how to build an agency around their SEO services. Common Struggles the Early Years of Running an Agency Lack of knowledge on building a business around his skills led to some early mistakes. Chris and his team started off offering custom solutions as a way to differentiate from their competition. However, they experienced years of setbacks by not having the correct processes in order to scale. By the second and third years, Chris had periods where he really couldn’t afford the salary for his team. The swings of the business were especially hard. If they lost a client, all of a sudden he had to skip a paycheck for himself in order to make payroll for everyone else. For a couple of years, every time he felt they were starting to grow, there was a new setback. It seemed like he was never making enough money to pay his employees what they needed to make while also growing his agency. The True Game Changer to Increase Your Agency’s Profitability Things started to change once his agency got to $1 Million revenue and beyond. There was just more room to breathe. Chris focused on determining their ideal client. In order to grow the agency’s reputation, it needed to work with higher-profile brands on large and complex projects. They searched for brands that recognized the value the agency brought and paid accordingly. However, the true game changer was raising their prices. They doubled their minimum prices and increased their contract length. They were finally getting paid on the value they delivered. In part, they were able to do this because they had a vault of case stories and a reputation for success. In hindsight, Chris realizes that while considering the value the agency delivers what he did in the backend was sabotaging the effort. Always be aware of the value you provide. Don’t start out too eager, doing too much for your first big clients. They can leave you in a heartbeat. Instead, start the year by setting clear goals for your agency. Look at the value you deliver. Think about the salary you personally want to make that year. Then ask: What revenue does the agency need in order to make that happen? How many clients do you need in order to get there? How much would you need to charge? Break it down to smaller, attainable goals and then reach for them. If you just have the mindset of getting as many clients as you can, you're creating a big headache for yourself. Getting the Right People On the Bus So You Can Charge More Chris recalls advice from another agency owner about addressing management issues. He was essentially told to get the wrong people off the bus, which he proceeded to do. In the beginning, his agency focused on hiring and training new talent right out of college. It seemed like the best approach compared with hiring more experienced professionals requiring a higher salary and still needing some training. However, years later Chris found they did not have the acumen and experience to deliver at the level needed to raise prices. As a result, they changed their hiring philosophy and started hiring more experienced talent. Now they have a staff of twelve with over 100 years of combined experience and lower turnover. It has been the best way to ensure a high-level experience for their clients. When it comes to retaining employees, Jason says you’ll have a better chance with workers who have a lot of experience in a different field. If they are willing to learn, it can work out better than hiring young workers who receive your training and then leave after one or two years. Also, don't forget to take culture into account as a very important part of your hiring process. For Chris, it's been a striking difference, and he doesn’t have an endless stream of fires to put out. Things are now stable and growing. Don’t Feel Guilty About Your Hard Earned Freedom A more stable situation at the agency allowed freedom from being bogged down by emails and meetings. He no longer handles everything and his team has things under control. This gives him more time to focus on CEO-specific tasks but it also sometimes makes him feel guilty. As an agency owner, it’s completely normal to feel displaced when going from working non-stop to finally having some freedom. You’re so used to having a long list of things to do and suddenly finding no one seems to need you anymore leaves you feeling useless or insignificant. However, remember this is what you’ve been working for since the beginning. Don’t feel guilty about the time you get to spend on your hobbies and family. This is what helps you recharge and have more energy to pour into your business strategy and vision. Also, it doesn’t mean you’re out of it forever. Many agency owners work out a happy medium according to how involved they want to stay. You can find a way to be relevant and just do the things you love without doing all the things -- that is called balance.  Want the Support of Amazing Digital Agency Owners? If you want to be around amazing agency owners that can see you may not be able to see and help you grow your agency, go to the Digital Agency Elite to learn all about our exclusive mastermind.
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Sep 11, 2022 • 22min

Why You Need to Use Storytelling to Win Your Clients Attention

What story are you telling prospective clients about your agency? With audiences getting savvier about skipping over or blocking traditional marketing, it’s important to tell a story that engages your audience. Today’s guest specializes in creating such narratives for his clients and offers some tips for agency owners who want to leverage this strategy. Zachary Slingsby is the founder of Human Factor Media, an award-winning branded content team that makes short films for brands. Their creations drive higher brand recall, awareness, and affinity than any other form of modern marketing. In this interview, Zachary explains how his love for stories led to a career creating content that resonates and why your agency's branding should not be an afterthought. In this episode, we’ll discuss: How to be better at storytelling. Change the narrative and stand out. Why your branding should not be an afterthought. Sponsors and Resources Verblio: Today's episode of the Smart Agency Masterclass is sponsored by Verblio. Check out Verblio.com/smartagency and get 50% off your first month of content creation. Our team loves using Verblio because of the ease in their process and their large pool of crowd-sourced writers. Subscribe Apple | Spotify | iHeart Radio | Stitcher | Radio FM Agencies Must Be Intentional About Marketing Their Brands Zack’s love for stories began with his love of film and literature. However, for him the traditional artistic path was filled with a number of frustrations so he decided to change course. Marketing provided the perfect niche to use this skill set in a time when brands are now acting as stages for their audiences. Engaging and entertaining storytelling is now a must for modern companies and a major focus for anyone developing their brand. It’s common for agency owners to forget to market their own agency. Many expect to have time to develop their branding later but find that is not really the case. Many agency owners work around the clock and don’t have the systems in place to create the freedom or lifestyle they've wanted since the beginning. You’ll find that, unless you’re very intentional about treating your agency like a client, it won't happen. Most never put the effort they should into their own marketing. Why Storytelling is an Important Marketing Tool Storytelling may be a bit of an overused term by now, but to Zack, it’s the best invitation to let your audience know “this is who I am”. Good storytelling is an effective and, in some ways, very simple way to get people to join your culture. In essence, commerce is all about lowering the uncertainty about one another so that we can exchange value. This is where true narrative value becomes an asset. It’s a superpower that small companies can really tap into. A commerce giant like Amazon can never hope to feel like a local presence in the user’s life. By contrast, agency owners can use storytelling to create fans that later become clients. Let your audience know who you are outside of work so they can feel they know the real you. Instead of looking to compete with big brands or big-name agencies, offer something they can’t. Why You Must Create a Narrative That Wins Your Audience's Attention Every brand and agency has similar marketing options thrown at them. Because of this, their value propositions look strikingly similar, especially if it’s a niche with a lot of competition. Those companies will often end up competing in the same space, using the same marketing, and the same messages. So, why not try to use narrative value to distinguish yourself? With so much competition, the way you speak to people becomes the only value you have. The way brands like Lexus, Patagonia, and Northface are committing to storytelling tells us they’ve identified something about where the market is. Users want brands to get past the age of commercials. We expect brands to compete for our attention in the same way that our favorite media company does. Jason likes to use the example of Apple -- they don't sell products in their ads. They create a vision and tell a story. The launch of the iPod wasn't just another MP3 player, it was "1,000 songs you can store in your pocket." You Don't Have to be Big on Every Platform So how can you use narrative to your advantage? You know that including a healthy dose of video in your marketing will make a great difference, but it doesn't mean you know how to use it. There are incredible success stories like Gary Vaynerchuk, who built his agency empire on video content. Everything changed once someone on his team started following him around to film his day and make daily vlogs. Of course, this won’t necessarily work for everyone; we don’t all have adventure-filled days. You can also find successful examples of agencies that have created a presence on YouTube by making their team and office part of their content. In any case, Zack’s advice is to choose one platform and focus on growing your audience there. It doesn’t have to be all of them. This way, you can commit your resources to a particular endeavor. If you manage to grow one channel to thousands of subscribers, you’re ahead of the competition. But it's not all about vanity metrics, so don't get too caught up in the numbers. Just remember that it can’t be an afterthought, there has to be a process and a well-conceived plan as well as someone dedicated to making and posting this content. Spend some time thinking about what bringing your values into a story looks like. If you don’t think you’ll have a lot of time to create content, Zack has clients who just film for one week a year and create enough content to post twice a month. Finally, keep in mind this is a long-term strategy. Consistency really is the ultimate virtue. You just need enough success to keep them coming back. Your Agency's Branding Should Not be an Afterthought It’s easy to think creativity is separate from your business goals. You may even delay some of the most experimental projects for your agency. You think you’ll get to it once you have more time, more budget, more freedom. However, working on your branding should not be dismissed as an afterthought. With the emergence of so many new voices and people spending money to skip ads, the creative factor can be the key element you need to get their attention. Stop thinking of it as the luxury of a few big players and start seeing it as what it is, an indispensable part of your agency’s strategy. Want the Support of Amazing Digital Agency Owners? If you want to be around amazing agency owners that can see you may not be able to see and help you grow your agency, go to the Digital Agency Elite to learn all about our exclusive mastermind.

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