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

Does owning your agency give you a sense of significance? Do you ever wonder or worry about what an acquisition might feel like? Will you know when it's the right time to sell your agency? The marketing agency industry is always evolving. Selling your digital agency doesn't mean your journey is over; it might just be another step in a longer journey. In this episode, we'll cover: Leveraging your strengths in an agency acquisition. Are you learning and growing with your agency? One major key to working with contractors. I talked to Adam Weil, Partner and Creative Director for White Rabbit Group, based out of Seattle. Adam started his own agency several years ago. He eventually sold it to White Rabbit. Adam is here to discuss the communication and mindset necessary to deal with dramatic changes that often occur by having your agency acquired, obtaining a new partner, or deciding when to outsource work to a third party. Leveraging Your Strengths When You Sell Your Agency Adam started an agency focused on designing websites and mobile sites for clients. It was very much an opportunity he grew into, as he journeyed from simply wanting to own his own online business to knocking on the doors of potential clients and learning new ways to connect with them. Over the course of several years, he surrounded himself with people who were smarter in various aspects of the business than he was and learning as much as he can about the industry. When it came time for Adam's agency to be acquired by White Rabbit, a development agency that was servicing a number of creative agencies and bringing their designs to life, he brought those years of experience and learning to the table. "One important lesson I learned is that you really have to play to your strengths," he said. He realized what he is good at and likes to do was intersecting with the opportunity to grow something much bigger than himself. Adam knew the acquisition was the right opportunity for growth because it would take the agency he started to the next level. As he began to deal with the emotional aspect of no longer having his own agency, Adam avoided letting those emotions derail the deal. Rather than looking at his agency's acquisition as the end, "I just kept thinking about future opportunities," he says. "I viewed it as the next step in my career." Are You Learning and Growing With Your Agency? One crucial piece of agency growth is liking what you do. If you enjoy the work, you will look for ways to improve your skills and continually improve your service offerings. Liking what you do offers a second benefit, as well: The ability to learn from those around you. "Agencies are unique because they are such good vessels of growth. You get to try so many new things, and you will never know it all. You have to connect with people who are way ahead of you and smarter than you," Adam says. "There is so much competition and such an opportunity of growth that you have to stay on the cutting edge." One Major Key to Working With Contractors Even if you aren't planning a merger or acquisition, the marketing agency industry is one that never stops evolving. While this evolution is the key to future opportunities, it is also the catalyst that requires many agencies to outsource work. Working with contractors is also a step forward in the progression of an agency, Adam explains, and one that should be entered just as cautiously. Check at least three references for any contractors you are considering working with, and also check their work. "Don't just take their word for it," Adam warns. "Make sure you actually look at their portfolio and make sure it's pixel perfect." He stresses it is also important to be sure the contractor you're considering is strong in the area of communication and they have the tools necessary to do the work. Looking for a Payroll and HR Solution for your Agency? Payroll and benefits are hard. Especially when you're a small business. Gusto is making payroll, benefits, and HR easy for small businesses. You no longer have to be a big company to get great technology, great benefits, and great service to take care of your team. For a limited time, Gusto is offering a deal to Smart Agency Master Class listeners. Check out Gusto.com/agency for 3-months FREE once you run your first payroll with them.

Do you ever wonder what the big guys with over 100 agency employees are doing to be successful? Wonder what it takes to truly be a full-service agency? In order to have a successful agency, do you have to live in a large city like New York or LA? Careful planning and an understanding of your clients' needs is vital to building an agency and a large team able to provide a variety of different services. In this episode, we'll cover: Having a long-term plan for your agency. Mentoring your agency team. Why technology is more important than physical location. I talked to Reid Carr, the CEO of Red Door Interactive, a full-service agency headquartered in San Diego that works with a number of well-known clients. Eighteen years ago, Reid decided he hadn't found a place where he wanted to be, so he created one. Since then, he learned a thing or two about growing a successful agency of 100 employees. Here are some steps he learned from the experience of providing full-service in an age of rapidly evolving technology. Step One: Have a Long-Term Plan According to Reid, the most important thing he did for Red Door happened before the business even began. He took a business plan writing class and developed a business plan workbook. And the plan wasn't just what he was going to do in the time immediately after starting the business. It was a 10-year plan, and while it did address revenue and how many team members he planned to have, it focused on other aspects of the business: Ensuring that the team members who were hired to work for the agency were properly trained and given the freedom to excel in the service area where they were hired. Also ensuring resiliency in each service team by cross-training.  This makes recovering from a team member leaving easier for those who remain. Creating value for clients by integrating services and hiring experts in each service area. This broadens out the overall strategy for each unique client through an emphasis on communication between the service teams. Develop a portfolio of work to show prospective clients. Reid said this is often difficult for an agency just starting out because they have to get jobs to show work. In the early years, Red Door did a lot of pro-bono work for non-profit organizations as a way to develop a portfolio of work. Step Two: Mentor Your Team "I love having a bigger team," says Reid. "Foundationally, with a bigger team, there are a lot of people helping each other out, as long as that is the culture you have developed." Reid says developing a culture of teamwork and success is a matter of hiring smart people and giving them reasons to want to stay, as well as helping them to progress to each new structural level. A lot of individuals who work in the marketing agency industry tend to be young and often show great leadership skills but little managerial experience. "So you're working with managers," he says. "And you're managing managers and you're managing managers who are managing people."  So what is the secret? "The relationship you have with your managers is the relationship you have with your company," says Reid. Step Three: Technology Matters More Than Location There's an old adage in the real estate industry: Location, location, location. That adage is often heard in the marketing agency industry, as well. Reid believes many clients are hesitant to work with agencies located in other markets. Small town agencies are particularly at a disadvantage. Likewise, there are many agency owners who believe they can't offer all services or attract large clients because they're not in a big market.  "Location doesn't make you more valuable," Reid says. "It doesn't offer any value other than exposure and access to certain things. Specializing and being the best is what makes you valuable." There is also a lot of value in people living and working where they feel most comfortable. The technological evolution provides the opportunity to offer more services, as well as the opportunity to be successful from anywhere. This means you can hire amazing remote talent to work from anywhere and service clients from all around the world. Want to Scale Your Agency's Media Buying? Our sponsor, BuyerTool is a new tool agencies use to manage more ad accounts and clients. BuyerTool automatically builds your dashboard! It allows you to manage all of your ad accounts, team members, and clients from a single UI. Your team can do in minutes what used to take experts hours to accomplish. If you want to drastically streamline your media buying operations visit BuyerTool.io/Swenk and get a free 2-week trial just for Smart Agency podcast listeners.

Should you start an agency or buy an existing one? Do you have the right skill set for owning a successful agency? This isn't really a clear path on the right way to start an agency. Sometimes you just have to do what today's guest did and jump right in. In today's episode, we'll cover: Leveraging your skillset when you acquire a marketing agency. 3 ways to invest in your agency's talent. Why agencies must educate clients on value. Today I had a really interesting conversation with Joycelyn David, owner of AV Communication, a multicultural digital agency based out of Toronto. Joycelyn recently purchased a 7-figure agency after spending over 10 years as that agency's client. She is sharing what's worked, what didn't, and why she decided to take the leap to acquire an agency instead of starting from scratch. Leveraging Your Skill Set for a Successful Agency Joycelyn, like many of us, didn't plan to own an agency, she just kind of fell into it. But when she was presented with the opportunity to acquire one, she decided to dive in. And, like most of us, she says, if she could do it all again, she'd do it in a heartbeat.  So what gave her the confidence to know she had what it takes? An understanding of her basic skill sets. Running an agency is very much skills-based. And it's using those skills to produce results for clients. Before you think "I don't have enough experience to run my own agency," take some time to look at the skills you already have. For Joycelyn, she had spent over a decade on the client-side of the agency space and built solid relationships. She also had a degree in multicultural communications which ultimately helps her understand the needs of her clients better. Recognize what you have to offer. Surround yourself with a team that believes in your vision. When you do, you'll find owning an agency isn't as overwhelming as it seems. 3 Ways to Invest in Your Agency's Talent Joycelyn says the most important part of her agency is the people who work there. But soon after she acquired AV Communications, she realized there were legacy employees who had been there since the beginning and then a revolving door of new employees. So what did she do? She spent time developing a better culture for the agency. Her tips: Invest your time: Joycelyn says she spends 45-60 minutes with each team member every week to check in and work on employee development. She has observed that something that may come natural or seem obvious to her may actually be a challenge for a newer member of the team. Mentorship: One of the great things about investing in your team is providing them with the skills and the confidence to pass on to junior team members. When you create this culture from the top, learning becomes organic. Formal skills development: This includes guest speakers, hands-on workshops, and even travel opportunities. There are some skill sets that can come only from engaging with other clients and getting out in the field. Why Agencies Must Educate Clients on Value AV Communications works with a very unique niche. They work with brands to understand and connect with multicultural audiences. So what does it mean to fight for your niche? You have to understand your value. For Joycelyn, this means helping companies understand one out of every three Canadians has a multicultural background. By ignoring this, they are missing out on a big share of the market. What unique value does your agency bring to the table? Start with a question. Do you want to grow your market? Do you want to miss out on this opportunity? When you start with a question, you turn the focus on your client and make it about them, instead of you. Your job, as an agency, is to offer a solution to your client. And at the end of the day, it all comes down to using your specific skills and your team to deliver. Invest in the basics and surround yourself with like-minded people. When you do this, the rest becomes so much easier. Looking for a Payroll and HR Solution for your Agency? Payroll and benefits are hard. Especially when you're a small business. Gusto is making payroll, benefits, and HR easy for small businesses. You no longer have to be a big company to get great technology, great benefits, and great service to take care of your team. For a limited time, Gusto is offering a deal to Smart Agency Master Class listeners. Check out Gusto.com/agency for 3-months FREE once you run your first payroll with them.

Have you struggled to find the best way to find and hire new agency employees? Are you overwhelmed by the thought of growing your team? Do you want to make sure the people you work with are devoted to the success of your agency? It can be really hard to find the right fit for your agency. But when you take the time to make thoroughly vet new hires and streamline processes, you'll set everyone up for success. In today's episode, we'll cover: 2 tips to help your agency perform strong from the start. Why streamlined processes helps your team succeed. The 5-step process for hiring the right agency employees. Today I sat down with Ray Sinlao, founder of Standard Conversions, a conversion rate optimization agency. Thanks to his background as a developer, Ray was able to develop in-house processes and even his own software, Buyer Tool, to help his agency surpass the six-figure mark in less than one year. He's here to talk about the innovative hiring process that helped his agency grow to 7-figures. 2 Tips to Help Your Agency Perform Strong From the Start It's not unheard of to reach the 1-million mark in under a year as an agency — but it's not exactly an everyday occurrence. So what tips does Ray have to help you find similar success? Performance-based pricing: Ray says performance-based deals helped him scale his agency at a rapid rate from the get-go. But it wasn't without a few hiccups. The key, he says, is always working with clients you trust. If there is even 1% hesitation, walk away. Hire a team early on: In the beginning, Ray was working 16-hour days and was quickly burning out. But then he realized the whole reason he started his agency was to be able to spend more time with his family and have more control over his life. When you bring in the right people to support you, you'll find you have more time to devote to the things that matter the most. How Streamlined Processes Can Help Your Team Succeed It's one thing to be able to scale an ad account. It's even better if you can scale a team to scale the ad accounts for you. But as agency owners, there's often a reluctance to give up some of the control. This is normal, but it can easily hinder growth. Once Ray decided to grow his team, he set himself up early to make sure he was bringing on the right people and that they had the tools to succeed. As a former developer, Ray started documenting processes from the beginning. This way, everything is repeatable. When a new person joins the team, they have a playbook filled with processes and a knowledge bank to help them deliver results. The more you can document what your agency does and why then the easier it will be for your new hires (and existing team) to deliver the results you expect. 5 Steps Process for Hiring the Right Agency Employees It's not unusual for agencies to experience a high level of turnover. Early on, Ray developed a process that helped him turn inexperienced media buyers into devoted, long-term employees. Selection: Ray says about 10% of people who apply to work at his agency actually make it through the end. And most of them drop out at the first step. Why? The initial application requires applicants to read a 200+ page book and write a 2,000-word copy. While Ray says the actual assignment doesn't really apply that much, it lets him know how much work someone is willing to do to get the job. Observation: Here the potential new hire gets teamed up with an experienced media buyer. They're not ready to do any work on their own, but they get to see what it takes to do the job day in and day out. Hands-on experience: Ray considers this a minimal risk step. Here the potential employee gets to do some work (uploading projects), but they don't have any account management responsibility. More independence: At this point, the new employee essentially has the job. They are given more freedom and can manage one campaign under an account manager's supervision. Full immersion: Here, the new hire finally gets to do the job they initially applied for. While some people may think this process is a little much, Ray says the people who make it to the end are the ones that stick around long-term. Your success as an agency largely comes down to the groundwork you lay at the beginning. If you take time to develop processes and carefully vet your team, your agency is more likely to find long-term success. Want to Scale Your Agency's Media Buying? If you really want to scale your agency's media buying power, check out BuyerTool. This is a new tool agencies use to manage more ad accounts and clients. BuyerTool automatically builds your dashboard! It allows you to manage all of your ad accounts, team members, and clients from a single UI. Your team can do in minutes what used to take experts hours to accomplish. If you want to drastically streamline your media buying operations visit BuyerTool.io/Swenk and get a free 2-week trial just for Smart Agency podcast listeners.

Are you making the right hires for your agency team? Do you feel like your best agency employees don't stick around long enough? Most of your agency's success comes down to the people you surround yourself with. Hiring a team that supports your vision and grows with the agency is the key to success. In today's episode, we'll cover: Does your agency foster career growth? 3 strategies to help your agency succeed early. How to find the right team members that will stick around. Today I sat down with Tom Yawney, director of business development at The Influence Agency, a digital marketing, and creative agency. After realizing there was no longer room for growth in his previous agency, Tom and his partners decided to start an agency of their own. He's here to talk about why he left his previous agency, what he's doing differently, and key strategies he has learned along the way. Does Your Agency Foster Career Growth? Have you ever spent time and money building a team, only to watch them one by one walk away? Are you struggling to understand why your top-performing team members don't seem to stick around? Tom says he never dreamed of being an agency owner, but he reached a point where there was no longer room for growth. As an agency owner, you need to provide opportunities for your team to bring new ideas and value to the agency. Your team should never feel like they are, as Tom felt, "stuck in a dead-end job." Too many agency owners have this hierarchy where they feel they know everything and just assign tasks. If you have ever uttered the phrase, "This is how we've always done it," it's probably time to make a change. Good employees get bored if they aren't given opportunities to challenge their evolving skills. If you hire the right people, it's your job to make sure you don't demotivate them. 3 Strategies to Help Your Agency Succeed Early Starting an agency is hard and those who don't know what they are doing can quickly fail. Tom says his agency's success is part strategic, part circumstantial. So what went right? Knowledge in sales: Obviously sales are important to agency growth. At The Influence Agency, all four founders had a background in sales. It is possible to succeed without a background in sales, however, and most of the time an owner's passion is enough to create the sales hustle necessary for success. Complementary skills: Tom and his partners quickly learned they had skills that would complement each other. This meant they could take care of a lot of the work themselves instead of contracting out. This allowed the agency to save money and start some financial momentum. The right team: Your first few hires are one of the most important decisions you will make when you are first starting out. It's easy to get enamored by unique skills or an impressive resume, but Tom says you should hire for culture first. Is the person supportive? Do they bring good energy? Are they the right fit? When you bring on the right people, they can help take some of the pressure off your shoulders. How to Find the Right People for Your Team So how do you know if someone is a good fit? The most important thing to look at is character. This can be a little tricky, especially at the interview stage where the goal is to impress. At this stage, you want to look at thought-process, mindset, and attitude. Ask questions that will give you insight into someone's character: Tell me about a manager you enjoyed working for; what worked? How would you handle certain situations? What do you like to do for fun? (I like to start with this one because it helps the person feel more relaxed). It's important to find a fit that is good for the agency and for the employee. This means you need to be transparent about the position the person will be entering as well. Culture and growth can have a big impact on the happiness of your team and your agency's success. When your team members feel valued and are given opportunities, they'll be more motivated to help your agency grow. Want to Scale Your Agency's Media Buying? Our sponsor, BuyerTool is a new tool agencies use to manage more ad accounts and clients. BuyerTool automatically builds your dashboard! It allows you to manage all of your ad accounts, team members, and clients from a single UI. Your team can do in minutes what used to take experts hours to accomplish. If you want to drastically streamline your media buying operations visit BuyerTool.io/Swenk and get a free 2-week trial just for Smart Agency podcast listeners.

Do you feel like your agency has reached a plateau? Do you want to speed up your agency's growth but not sure how? Are your clients looking for more? An acquisition can be a great way to diversify your agency's offerings and bring new life into the business. In today's episode, we'll cover: 2 Ways a merger or acquisition can help you grow your agency faster. #1 component of a successful merger or acquisition. Why your partners should always agree on an exit strategy. Today I talked to Jim Hawker, co-founder and head of sales and marketing at Threepipe, a digital marketing agency based out of the UK. Early on, Jim realized the value of mergers and acquisitions to not only grow his agency but also streamline internal processes. He's here to talk about what's worked (and what hasn't) along the way. 2 Ways a Merger or Acquisition Can Help You Grow Your Agency Faster It's hard to grow a successful agency without reaching a point where you hit a plateau. A place where it seems like no matter what you do, your agency's growth is just kind of stagnant. A merger or acquisition is a great way to give your agency a kick start and mix things up. But just how exactly does this work? Streamlined hiring: Jim says it has always been a part of his agency's strategy to go out and acquire talent. While you can find success when you hire and train, this process can take a long time and you'll often end up spending more money in the end. When  you merge your team with another existing one, you expedite the process. Greater reach: Jim says he was finally able to expand his agency's service offerings after he went through his first merger. When he connected with like-minded owner-managers who complemented his service offerings, his agency was able to attract and land clients quicker than they had before. #1 Component of a Successful Merger or Acquisition Jim says ultimately he chose the right agencies to work with along the way. That said, it took three or four years for the two newly merged agencies to learn how to work with each other. The number one mistake Jim says his agency made was forcing people to work together and figure it out on their own. I've talked about it before and I'll talk about it again — when you merge with another agency, you have to consider whether it's a culture fit. Take some time to get to know the other agency, what their vision is, and if they align with your own core values. Skip this step and you're going to have a hard time finding success. Want to truly get to know who you will be partnering with? Spend time in the office and see if their team is happy. Or as Jim puts it, "Go on a few dates before you pop the question." Why Your Partners Should Always Agree on an Exit Strategy You never want to enter a partnership without having a plan for how it will end. What happens if one of the partners wants to leave the agency? What if there is death or illness? How will you determine the value of the business? An unexpected dissolution can destroy an agency if there isn't a plan in place. If you agree to all the details ahead of time, you'll have a legal document to go back to in the event the partnership ends. You can't build a successful agency without taking risks. Sometimes the right risk is merging with another agency. Remember why you started your agency and don't be afraid to keep taking chances that can help your agency grow. Want to Scale Your Agency's Media Buying? Our sponsor, BuyerTool is a new tool agencies use to manage more ad accounts and clients. BuyerTool automatically builds your dashboard! It allows you to manage all of your ad accounts, team members, and clients from a single UI. Your team can do in minutes what used to take experts hours to accomplish. If you want to drastically streamline your media buying operations visit BuyerTool.io/Swenk and get a free 2-week trial just for Smart Agency podcast listeners.

Have you ever felt embarrassed by the size of your agency? Do you think success is wrongfully tied to the size of your team? Have you been worried about how the current economy is affecting your business and your clients? Change is a painful part of growing, but it's one of the best teachers when you're looking to build a great agency, not just a big agency. In this episode, we'll cover: How to move forward during an economic crisis. Why your ego could be holding your agency back. Why fast growth isn't the best solution. I talked to Mark DiMassimo, Chief Creative at DiMassimo Goldstein, an agency he founded in New York in 1996. In the early years of the agency, Mark hit the ground running. By 1997, DiMassimo Goldstein was the fasted growing agency around. Within a couple of years, the agency had offices in San Francisco, and New York, and Mark was featured on the cover of a magazine. And then the dot com bust hit, forcing him to take his staff down from a peak of 114 to 30. Mark shares the way he learned that a big agency team doesn't always correlate to the agency's level of success. How to Move Forward During Economic Crisis "One of the most important things I learned is what a pleasure and an honor it is to do this business. What a pleasure and an honor it is to be able to think, dream, learn from great business leaders, daydream, write, have visions, have a chance to get visions produced to work," Mark said. Even though the industry pain points of deadlines, uncertainty, competition, he still feels a little sheepish calling it work. Mark has had the unfortunate experience of letting dozens of good employees go and yet he says those difficult times are all the more reason to do what needs to be done to help the business survive them. You loved the agency when you started it and when you started to grow it. The challenge is continuing to love it and carrying over that sense of pride you have even during the dark times. Why Your Ego Could Be Holding Your Agency Back Have you noticed that agencies are judged by the size of their team? But judging success level by size isn't accurate. After the dot com bust, Mark found himself in therapy and learning to meditate. He learned to leverage his skills to take advantage of any skill he could use to help ally the vision he had of his agency with where he was. One of the lessons he learned during this phase of his life and his agency was his ego only really matters to him. "People don't really care. They care about you as a person, but they don't care if you grew and sold your agency. They don't care if you didn't."  Letting go of your ego and the need to feed your ego by growing your agency whether you need to or not helps you gain freedom. And that freedom allows you to make your agency into what you want it to be. Letting go of your ego is also important during your agency's tough times. Having the ability to reach out to others for advice, without worrying about what they might think another tool for achieving your vision. Why Fast Growth Isn't the Best Solution Change is what makes us necessary, Mark says. Dealing with the way change impacts clients is probably one of the reasons you started an agency. Mark says it is equally important to be upfront with your clients when you're dealing with changes within your agency. Because your clients are in the world of business, they understand the need to be lean and focused. While creating a solution to whatever problem your agency is struggling with, communication and transparency go a long way in building goodwill with your clients. The best solutions generally have one main ingredient: time. Mark learned the hard lesson that fast growth is not good growth. No business can really be successful running on high speed forever. If you're growing too fast, you likely haven't come up with contingencies if the industry inevitably changes. And if you're currently in the midst of a changing industry and only now trying to chart a path to the future, you will not have it perfectly figured out right away. But you can certainly have fun while you figure it out. Struggling to maintain consistent project work and revenue streams? Check out SharpSpring. They’ve built a low-cost, comprehensive marketing, and sales platform. SharpSpring helps agencies increase their margins and build consistent monthly recurring revenue. For a limited time, you can get a live demo of SharpSpring and see what it’s like to use a platform built specifically for agencies. Also, be sure you check out SharpSpring's FREE Agency Acceleration Series featuring presentations by some of today's best marketers -- including the one and only Seth Godin.

Are you really fostering your client relationships? Are you going beyond the transaction and getting personal? People prefer doing business with people they know, like, and trust. Connections not only help you find and retain clients but place a greater value on the services you provide. In this episode, we'll cover: The most important ingredient in your hustle. Why is branded content so effective? Why client relationships are so important. Richie Kulchar is the Co-founder, Producer, and Director of a branded film content agency called Junk Films. Richie and his partner actually met in 2014 while they were both undergoing substance abuse treatment at a rehab in the Los Angeles area. The two finished their treatment and ultimately began an agency together in 2017. Among their first clients were substance abuse treatment centers. These businesses, as Richie explains, had a mission of hope but "their marketing materials were trash." Junk Films now boast a client list that includes some of the biggest brands in the nation. Richie is on the show to share how he turned his life around and built an amazing agency. The Most Important Ingredient in Your Hustle "The idea behind Junk Films is that you're dealing with ex-junkies," Richie says. "We have been hustlers in our lives. We're used to hustling to get what we want." He and his partner's substance abuse is something they're both very transparent about. They use their backgrounds and their stories to help tell the stories of other people. The leap from local substance abuse treatment center clients to well-known brands like Adidas "was lucky but it was also a hustle," Richie says. He had a friend with an agency who had done work for Adidas' original YouTube channel. The friend reached out to Junk Films for video content for the client, and Richie was able to use the work he did for that company to attract more clients, both through the quality of work as well as word-of-mouth. Starting with very little capital, Richie and his partner brokered deals in which the advertiser paid for their costs -- such as rented camera equipment -- and would, in turn, receive a high-quality video. After some time and successes, Junk Films began finding clients who were able to pay a standard rate. Why Is Branded Content So Effective? The industry of film advertising has changed, Richie says. In the past, a company would hire someone to shoot a commercial and then pay for media spots, whether they were the right audience for that product or not. Data analytics tools and targeted advertising online has changed the game for the better. Brands choose the demographics they want the ads to be displayed to while also measuring the impact of their advertising reach. By reaching the targeted audience, brands are better able to connect to those who would be most impacted by their products. "Branded content is so important because there is no quicker way to tell your story," Richie says. The vast majority of online content these days is, in fact, video content. For people who don't like to read, he explains, video content is a way to grab the attention of the consumer and provide them with a balance of information and emotion. One of the challenges conducting video interviews is many of the interviewees do not have experience on camera. This is where Richie is again able to use his own personal story to connect with them. He helps them feel comfortable telling their own stories. There are also a number of camera techniques, including the use of a longer lens so the videographer is at a greater distance from the interview subject. Why Client Relationships Are So Important Relationships are key when it comes to agency growth. When client-side contacts change jobs, they often go to another well-known brand. They take their connections with them, including their connection to Junk Films and the ability to obtain quality video content. This results in an opportunity to work with new brands and showcase their work in new ways. In an industry saturated with agencies, providing film content helps your clients connect more with you and with their customers. But it all begins with the ability to share your own story and let your clients connect with you. Want to Scale Your Agency's Media Buying? Our sponsor, BuyerTool is a new tool agencies use to manage more ad accounts and clients. BuyerTool automatically builds your dashboard! It allows you to manage all of your ad accounts, team members, and clients from a single UI. Your team can do in minutes what used to take experts hours to accomplish. If you want to drastically streamline your media buying operations visit BuyerTool.io/Swenk and get a free 2-week trial just for Smart Agency podcast listeners.

Are you losing clients and talent to other agencies? Are you wondering what the secret recipe is to keeping happy clients and a happy team? Are you looking for that one thing to make both clients and talent want to stay? The loyalty you are seeking from your clients and team members is directly related to the value you place on them. In this episode, we'll cover: How to build client trust How to build employee trust and morale 3 questions every agency owner needs to answer I talked with Tom Johnson -- Partner, COO, and CFO of Southport Marketing, an experiential marketing agency based in California but with clients across the country. Tom and his two partners began the agency just as the 2008 financial crisis was coming down the pike. Since then, the partners have put a lot of sweat equity into the success of their venture. Tom is sharing the strategies he has used to maintain many of his original clients and team members all these years. How to Build Client Trust When asked what attracts clients such as Chevy dealers, Alaska Airlines, USC, and the Los Angeles Rams, Tom says his answer might seem a little cliche. "People come to us because of our customer service. Because we care about our clients and we want them to succeed. We hire people with a lot of passion for our clients and we have earned the right to say we provide very good customer service. We go the extra mile. We pick up the phone." Tom believes customer service is often regarded these days as "old school." The big agencies often lose the personal touch they offered when they were new agencies. Everyone seems to place more importance on other facets of success beyond simply doing the best you can for your client. "The client is the one who is paying your bills," Tom says. "Agencies often forget that." How to Build Employee Trust and Morale You want agency team members who are passionate about your clients, and who -- ideally -- look forward to coming to work each day. Tom said his team members tend to stay for years because they know they are valued. Some of the ways Southport Marketing communicates significance to the team: A diversified training model allowing the opportunity to grow in the agency as well as the industry. An investment in training and development programs. A decent pay rate that is competitive in the industry. Other perks, such as annual retreats, Costco cards, and holiday parties. An open-door policy for employees to provide feedback and share their innovative ideas. 3 Questions Every Agency Owner Needs to Answer While valuing your clients and your talent seems simple, a lot of thought must be given to ensuring that you communicate that value to them through your actions and developing new ways to do that. Here are some questions to ask yourself: Are you proactive when dealing with clients or are you reactive? Tom suggests being a bit of both. Being proactive means hiring people who are able to put out high quality work on a short deadline. Quick turnaround is sometimes part of the agency business. Hiring people with that ability means you are better able to meet those short deadlines because you have anticipated them. Would you want a job at your agency? Look at the perks you offer your employees. If you were being offered a job for your agency, would those perks be enough to keep you from looking elsewhere? Would they make you feel valued as a new hire? Would you want to hire your agency to work for you? Just as you need to put yourself in your employees' shoes, also put yourself in the shoes of your client. What do you bring to the table that no other agency offers? Is your agency a fun, cool, and interactive place? Are you able to inspire client's trust by meeting their needs? Struggling to maintain consistent project work and revenue streams? Check out SharpSpring. They’ve built a low-cost, comprehensive marketing, and sales platform that helps agencies increase their margins and build consistent monthly recurring revenue. For a limited time, you can get a live demo of SharpSpring and see what it’s like to use a platform built specifically for agencies. Also, be sure you check out SharpSpring's FREE Agency Acceleration Series featuring presentations by some of today's best marketers -- including the one and only Seth Godin.