Start A Digital Marketing Agency – What You Need to Know
There are many aspects to starting a digital marketing agency. Dive in to find out the key aspects to consider when starting your own agency.
- TIP: How to start a digital marketing agency [Infographic Download]
- Episode Overview – Title with target keyword
- Personal Note from Jenn Neal on starting a digital marketing company
- Episode audio [Podcast on Spotify]
- Blog Post – Start A Digital Marketing Agency – What You Need to Know
- Related Posts
TIP: How to start a digital marketing agency
Time needed: 7 minutes.
TIP: 9 Steps to Start a Digital Marketing Agency
what services are you going to offer and who are you going to serve
make sure you have the knowledge and skills
practice on yourself first and for customers (paid or free)
find your tribe and build your following
branded messaging, website presence and social media
determine your pricing model: hourly, retainer, package
have clearly defined contracts, client meetings and communications, deadlines and scope of work
Define and document your processes in steps, SOPs, and project management
hire and delegate: ultimately you want to remove yourself from all of the tactical processes
What’s In This Episode
When offering services as an agency, you have to be an expert in what your customers need. In today’s world that has to include digital marketing. Starting a digital marketing agency takes time. I’m going to share with you how I started my own agency, how I adapted as I grew, and a few key things that you should focus on when starting your own content marketing agency.
Jenn Neal on starting a digital marketing agency.
And in that instant, I realized that I didn’t have a niche clearly defined enough to be able to have a clear elevator pitch, so I really screwed up!-Jenn Neal
Starting A Digital Marketing Agency – What You Need To Know!
Starting a digital marketing agency may sound like fun… but is it really? After spending 15 years in the corporate world, I decided that it was time I worked for myself. I wanted to start a digital marketing agency. I already had a good amount of experience. It couldn’t be that bad – or so I thought! Honestly, starting a business is more complicated than it sounds. There are so many different aspects to consider, that it’s hard to keep up with them all! So, I’m here to share with you some key aspects to look at when starting a digital marketing agency! Let’s jump right in!
Define Your Niche
You know you want to start a business, but what is it that you really want to do? The most important step to starting an agency is to define your niche. You’ll want to be extra specific with this. For example, my niche was graphic design and marketing materials. One thing I regret from when I started was not being more specific with my niche. Anyone can offer digital marketing services. So, you want to pick a very specific niche and offer services that will help set you apart from your competitors.
In this process, you’ll want to think of who you are going to be offering your services and products to. Where are they in their client journey? Did they just realize that something is wrong but are still trying to define the issue? Have they already identified their problem and are looking for solutions to it? What do they need you for and most importantly, what problem do they have that you have a solution for? Being extra specific in this area will help you define what skills you will need to get and what courses you’ll need to take!
Implementation and Digital Marketing Certification
This is where things can get a little sticky. To start a digital marketing agency, you’ll need to have experience. With experience comes implementation. Identify what skills you already have and those that you will need to be able to offer your services and products. To be successful, you will need to be knowledgeable. Your audience needs to view you as an authority in the market. If you’re not prepared or experienced enough to handle the ins and outs of the digital marketing world, you’re setting yourself up for failure.
It’s important to first get the skills you need to be able to succeed in your business. Find a course that teaches you the skills for the different services you want to offer. (Again, be very specific with the services you offer. The more specific you are about your services, the easier it will be to find a course.) When picking a course, consider the time and cost of the course. I suggest taking a course that you can take at your own pace, and that provides an active community for when you feel like you need some clarity (and trust me, you will sometimes!).
Take my new course, The Organic Leads Machine Certified Partner Program, for example. It’s not another course that teaches you the basics. It’s a “go at your own pace” course where you learn about content activation, SEO, and keyword research. Not to mention, you receive your certification at the end. A course like this is more beneficial to take than one that would take extra time. Courses that allow you to go at your own pace ensure that you can move on to gaining experience much quicker.
Digital Marketing Experience
Experience in the field will be key to starting your own business. Instead of jumping the gun and starting your business immediately, take the time to get experience. Sure, a course will teach you the skills, but using those skills and learning how to fix issues is more important. Start by freelancing or finding a business looking for someone with your skillset. This will not only help you refine your skills but will also help you network and meet new people!
The more refined your skills are, the more you’ll have an authoritative presence. People will hear your name and associate you with your skills. They’ll know you’re the go-to person for their problem and will seek your knowledge on how they can solve said problem. So, take your time and refine your technical skills. Put in place what you’ve learned. See where you need more skills. Work on gaining the knowledge and skillset that working in the field will provide!
Pricing, and Expectations
As you start working with more clients, you’ll need to define your pricing. I, for one, started out offering an hourly rate for my services. I quickly realized that tracking hours was a HUGE pain. Not to mention, it made me feel cheap. I knew that my services were worth so much more. Eventually, I started working with a coach who steered me in the right direction. I found that creating packages with set prices was much easier to sell. For clients that kept coming back, I set up monthly retainers.
Know what your services are worth and price them as such. Don’t sell yourself short. You’re going to be selling your end result – the solution to your customer’s problems. Trust me, they’ll be willing to pay what you ask for your services. Setting up packages will help you to sell your end result easier – and you won’t have to track any hours!
Setting up packages will also help to set your expectations for your clients. Set your expectations when you’re reviewing your contract. Provide clear details on the pricing, and what services the client will be receiving. Tell the client from the beginning that extra services will cost extra money. Be sure to cover any and all grey space so that you’re both on the same page.
Considering All Aspects
There is a lot to consider when starting your own business. These are just some of the most important aspects to execute. Be sure to carefully plan out your business. Managing your own business will have a lot of ups and downs. Ensure that the steps you take are going to propel you in the right direction. And more importantly, make sure that you’re working toward a goal that makes you happy! You’re going to rock this – I just know it!