The Problems at Small Marketing Agencies & How to Fix Them

Internet Marketing at PC4Media
Oct. 20, 2014
The Problems at Small Marketing Agencies & How to Fix Them
The Problems at Small Marketing Agencies & How to Fix Them
The Problems at Small Marketing Agencies & How to Fix Them
The Problems at Small Marketing Agencies & How to Fix Them
The Problems at Small Marketing Agencies & How to Fix Them
The Problems at Small Marketing Agencies & How to Fix Them
The Problems at Small Marketing Agencies & How to Fix Them
The Problems at Small Marketing Agencies & How to Fix Them
The Problems at Small Marketing Agencies & How to Fix Them
The Problems at Small Marketing Agencies & How to Fix Them
The Problems at Small Marketing Agencies & How to Fix Them
The Problems at Small Marketing Agencies & How to Fix Them
The Problems at Small Marketing Agencies & How to Fix Them
The Problems at Small Marketing Agencies & How to Fix Them
The Problems at Small Marketing Agencies & How to Fix Them
The Problems at Small Marketing Agencies & How to Fix Them
The Problems at Small Marketing Agencies & How to Fix Them
The Problems at Small Marketing Agencies & How to Fix Them
The Problems at Small Marketing Agencies & How to Fix Them
The Problems at Small Marketing Agencies & How to Fix Them
The Problems at Small Marketing Agencies & How to Fix Them
The Problems at Small Marketing Agencies & How to Fix Them
The Problems at Small Marketing Agencies & How to Fix Them
The Problems at Small Marketing Agencies & How to Fix Them
The Problems at Small Marketing Agencies & How to Fix Them
The Problems at Small Marketing Agencies & How to Fix Them
The Problems at Small Marketing Agencies & How to Fix Them
The Problems at Small Marketing Agencies & How to Fix Them
The Problems at Small Marketing Agencies & How to Fix Them
The Problems at Small Marketing Agencies & How to Fix Them
The Problems at Small Marketing Agencies & How to Fix Them
The Problems at Small Marketing Agencies & How to Fix Them
The Problems at Small Marketing Agencies & How to Fix Them
The Problems at Small Marketing Agencies & How to Fix Them
The Problems at Small Marketing Agencies & How to Fix Them
The Problems at Small Marketing Agencies & How to Fix Them
The Problems at Small Marketing Agencies & How to Fix Them
The Problems at Small Marketing Agencies & How to Fix Them
The Problems at Small Marketing Agencies & How to Fix Them
The Problems at Small Marketing Agencies & How to Fix Them
The Problems at Small Marketing Agencies & How to Fix Them
The Problems at Small Marketing Agencies & How to Fix Them
The Problems at Small Marketing Agencies & How to Fix Them
The Problems at Small Marketing Agencies & How to Fix Them
The Problems at Small Marketing Agencies & How to Fix Them
The Problems at Small Marketing Agencies & How to Fix Them
The Problems at Small Marketing Agencies & How to Fix Them
The Problems at Small Marketing Agencies & How to Fix Them
The Problems at Small Marketing Agencies & How to Fix Them
The Problems at Small Marketing Agencies & How to Fix Them
The Problems at Small Marketing Agencies & How to Fix Them
The Problems at Small Marketing Agencies & How to Fix Them
The Problems at Small Marketing Agencies & How to Fix Them
The Problems at Small Marketing Agencies & How to Fix Them
The Problems at Small Marketing Agencies & How to Fix Them
The Problems at Small Marketing Agencies & How to Fix Them
The Problems at Small Marketing Agencies & How to Fix Them
The Problems at Small Marketing Agencies & How to Fix Them
The Problems at Small Marketing Agencies & How to Fix Them
The Problems at Small Marketing Agencies & How to Fix Them
The Problems at Small Marketing Agencies & How to Fix Them
The Problems at Small Marketing Agencies & How to Fix Them
The Problems at Small Marketing Agencies & How to Fix Them
The Problems at Small Marketing Agencies & How to Fix Them
The Problems at Small Marketing Agencies & How to Fix Them
The Problems at Small Marketing Agencies & How to Fix Them
The Problems at Small Marketing Agencies & How to Fix Them
The Problems at Small Marketing Agencies & How to Fix Them
The Problems at Small Marketing Agencies & How to Fix Them
The Problems at Small Marketing Agencies & How to Fix Them
The Problems at Small Marketing Agencies & How to Fix Them
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The Problems at Small Marketing Agencies & How to Fix Them

Editor's Notes

  1. Let’s look at where we are right now. And then talk about how to differentiate in the future. As inbound agencies and HubSpot partners, this is the strategy that most of you have followed. You’ve standardized the packaging and pricing of your services. … into retainers. You’ve largely walked away from project only clients. With these retainer services, you deliver ROI. You grow your clients traffic, leads and sales. Not only do your clients get a clear ROI, your agency has benefited as well… You increased the amt of revenue you get per client. You’ve improved your cash flow. Your increased prices and consistent cash flow have allowed you to invest in your business. Invest in your marketing and sales, growing and developing your people. However, there is one major problem. You’ve followed the same playbook as atleast 1500 other agencies. In a year, there will be 3k other agencies. There’s also plenty of non-HS agencies that do these things too. What will it take to be successful going forward? (PAUSE) Think about your last 5 deals. Did you have any competition? How many have you competed against someone else in this room? How many of you could have any client you wanted? Tomorrow. Call them up and sign em up. No. You probably can’t. Why not? Why? Because – to your prospect – you look similar as other firms. You’re not the ONLY ONE who could possibly serve them better than anyone else. The key to winning in the future will be having unique expertise – that noone else has. Together, we have the potential to really really really drive results for your clients, yourselves and HubSpot… if you all commit to being different from each other, different from any other agency out there. Change this next line to something like “About 9 months ago, I started speaking with agencies who have specialized… I heard over and over again.” I know that many of you are already doing this. I have a few examples I’ll share. In these examples, I’ll show you how specialized agencies have improved close rates, achieve higher prices and margins and faster growth. Introduce David Hopefully, they will inspire you to be 1 of a kind.
  2. www.hubspot.com/roi http://cdn2.hubspot.net/hub/53/file-523927765-pdf/HubSpotROI_2014.pdf
  3. Mimio was using multiple platforms for their marketing strategy. They tried unsuccessfully for over a year to integrate their Salesforce CRM with their other marketing tools, an effort that drained developer resources better spent on their actual product. Mimio designs and develops educational technology hardware and software for elementary, high school, and university classrooms.
  4. AmeriFirst Home Mortgage had a traditional marketing strategy that revolved around direct mail and a few phonebook ads. They knew they were leaving money on the table because they didn't have a strong online strategy and weren’t measuring their marketing results. They were looking for a way to complement their relationship-based way of doing business with an online presence, along with tools to track results. AmeriFirst Home Mortgage is a community mortgage banker with 30 years in the business. First time homebuyers are their specialty. From conventional loans to government-backed programs, they are committed to finding the right mortgage for any homebuyer.
  5. Due to the complexity of their product offerings, Thermo Fisher Scientific has a long sales cycle in which customers do extensive research before purchasing lab equipment. The marketing team within the Chromatography division was looking for a ways to influence the sales cycle by leading the scientific conversation, improving brand recognition, and converting more leads online. Thermo Fisher Scientific is a leader in the worldwide separations industry with customers in the environmental testing, food safety testing, pharmaceutical and biopharmaceutical, biotech, hospital, research and government regulatory agency labs.
  6. YouEarnedIt is a flexible employee engagement software platform to recognize people, foster happiness at work, and reward employees for being great. As a rapidly growing start-up, they looked to HubSpot to help provide the guidance, training and tools needed to build awareness, drive more traffic to their website and build a lead generation machine.
  7. So, the world has changed. Inbound is more effective than ever. You have an amazing opportunity to create campaigns and projects that will really drive client success.