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Revenue plateaus, budgets, and USP: Agency Office Hours Q&A with Karl Sakas

by Karl Sakas | Jul 14, 2020 | Office Hours

In the July 2020 episode of Agency Office Hours, we discuss escaping revenue plateaus, getting budgets from squirrelly prospective clients, finding a USP to position your agency as unique, and more. BONUS: See the Zoom chat transcript and “jump” links to...
Referral fees: How much should agencies pay for sales referrals?

Referral fees: How much should agencies pay for sales referrals?

by Karl Sakas | Jul 8, 2020 | Attract Great Clients, Benchmarking & Optimization, Optimize Your Sales Process

Wondering what’s normal or typical to pay in agency referral fees? Seeking to grow his revenue, an agency owner asked me in Executive Advisory about benchmarks: “What have you typically seen when it comes to paying people who refer business to our agency?...
Cost of Marketing benchmarks: How much should agencies spend on their own self-marketing?

Cost of Marketing benchmarks: How much should agencies spend on their own self-marketing?

by Karl Sakas | Jul 1, 2020 | Benchmarking & Optimization, Attract Great Clients, Scale Your Agency

How much should agencies spend on their own self-marketing? It depends… You can calculate cost of marketing as a percentage of revenue—between 7% and 20% of revenue, including labor costs. Yet for many agencies, headcount is an easier initial metric—between 0.5...
CMO insights on growth: What clients say when agencies aren’t in the room

CMO insights on growth: What clients say when agencies aren’t in the room

by Karl Sakas | Jun 24, 2020 | Strengthen Client Relationships, Attract Great Clients, Benchmarking & Optimization, Optimize Your Sales Process

What if you could get inside the heads of your clients? Your agency could find ways to serve them better, as they deal with obstacles and new uncertainty. We haven’t found a way to literally read their minds—but I have the next best alternative. What is it?...

Client Boundaries, Retainers, Niching, and PM Software: Office Hours with agency expert Karl Sakas

by Karl Sakas | Jun 9, 2020 | Office Hours

In the June 2020 episode of Agency Office Hours, we discuss: What to do when a sales prospect goes silent (3:40) CMO insights (12:55) Remote work predictions for agencies (20:03) How to approach negotiating shorter retainers (29:53) PM Software: Choosing PM software...
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