Hellow guys, Welcome to my website, and you are watching The 4 Most Important Parts of an 8-Figure Agency (FULL SPEECH). and this vIdeo is uploaded by Agency Secrets - Eddie Maalouf at 2023-12-20T09:00:08-08:00. We are pramote this video only for entertainment and educational perpose only. So, I hop you like our website.
| Name | The 4 Most Important Parts of an 8-Figure Agency (FULL SPEECH) |
| Video Uploader | Video From Agency Secrets - Eddie Maalouf |
| Upload Date | This Video Uploaded At 20-12-2023 17:00:08 |
| Video Discription | In this speech, Eddie shares insights on building a successful agency, focusing on four key aspects: customer lifespan, recurring average order value (AOV), acquisition cost per customer (CPA), and building brand and referrals. He emphasizes the importance of retaining customers longer, increasing the value of each client, and understanding the different acquisition strategies, including quick and cheap, quick and expensive, and slow and expensive. The goal is to make more from every customer and be willing to invest in acquiring new clients. Highlights: Customer Lifespan: Keeping customers longer is crucial for reducing the need to constantly acquire new ones. Lower churn rates lead to greater business stability and growth. Recurring AOV: Increasing the average order value from clients can significantly boost revenue. Offering additional services or upselling existing customers is a powerful strategy. Acquisition Cost Per Customer (CPA): While reducing CPA is important, it's often more effective to get existing customers to spend more money with you. This allows you to invest more in acquiring new customers. Building Brand and Referrals: Building a strong brand and fostering referrals can be a game-changer. Slow and expensive strategies like creating organic content and attending events can lead to long-term success and premium pricing. Key Timing: The ideal time to introduce new services to existing clients is when you have at least 40 active clients with a churn rate of less than 10% monthly. This ensures a sustainable ecosystem for upselling. Investment: Consider spending up to 100% of a client's retainer on acquiring them if you're in a recurring business model. This investment mindset can help you outpace competitors and grow your agency. ---------------------------------------------------------- If you want to join the #1 DISCORD COMMUNITY in the world for agency owners, for $97/month, then click below: https://whop.com/agency-domain/ Connect With Me On Instagram: https://www.instagram.com/eddiemaalouf/ For all the software I use in our business, click here: https://www.badmarketing.com/tech To watch more valuable marketing content on YouTube, visit our company channel: https://www.youtube.com/@BAD.Marketing |
| Category | People & Blogs |
| Tags | smma | marketing agency | agency |
