Why Understanding Your Clients is the Key to Agency Growth
Ever feel like you’re not connecting with the right clients? Afraid your agency doesn’t stand apart from the others? Times are changing in the agency space, and those who adapt will be the ones who succeed. But how do you develop a growth strategy to do it the right way? Look at things through the lens of your ideal clients.
In today’s episode, we cover:
- How to set yourself apart from other agencies.
- 2 Things you can achieve when you lead with strategy.
- Why you always need to keep your ear to the ground.
Today I had the chance to talk to Damien Cabral, co-founder of Tribal Vision. Damien started his agency about 9 years ago when he became frustrated with the current agency model and thought he could find a new approach. Damien and his partner flipped the switch and looked at an agency’s job through the client’s eyes. Find out what they learned and how this strategy has helped them find success.
How to Set Yourself Apart From Other Agencies
It’s a great time to be in marketing! The market is hot, clients are hungry, and the value of agency services cannot be understated. The industry is flooded with “me too,” agencies who want to be full-service and do everything for everyone. Those agencies are looking to get a piece of the pie, with nothing that really makes them stand out from the crowd.
If you’re a new agency owner or even one who has been around for a while, the battle to stand out from the crowd is stronger than ever. So what’s the secret? For Damien, it was all about looking at things from the client’s point of view. Damien’s agency focuses solely on marketing. Everything else, they outsource to freelancers. What this means is there is no incentive to try to upsell a bigger website or get them to sign a deal that is not in the client’s best interest — it’s all about the client. Damien says by recognizing potential clients’ pain points, Tribal Vision is able to be flexible with what the client needs.
2 Things You Can Achieve When You Lead With Strategy
When it comes down to running an agency, those who find success have a solid strategy. Anyone can execute any day of the week, it’s how you get there that makes you valuable. Damien says there are two reasons he leads with strategy:
- Clear communication with the client: You want to be upfront with your client. Strategy allows you to tell your client what you’re going to do, what they need to do, and what it’s going to cost.
- Better understanding of the client’s business: How much do you really know about your client’s business? How much do you know about their customers? When you develop a strategy before you get started, it allows you to analyze the competition, understand the most effective channels, and set appropriate goals.
Why You Always Need to Keep Your Ear to the Ground
As an agency owner, you should always be listening — keep your ear to the ground. Talk to your clients, talk to their customers, talk to your employees. And always pay attention to the market. You need to adapt. Take feedback. Be proactive.
Listen to what the market is telling you. Sure, your idea may be great, but if the market doesn’t support it, you’re destined to fail. Don’t fall too in love with your own ideas.
Check-in with your employees. Talk to the people who are actually working with the clients. Do performance reviews, have regular check-ins and provide or be a mentor. Despite what you’re led to believe — your team is not simply here to make money, they want to contribute.
When you take the time to show people they matter, you value their opinions, and you care, you automatically stand out from the rest. In the words of Gary Vaynerchuck, “As we go more Jetsons, the people that act like the Flintstones are going to win.”
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