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Marketing School - Digital Marketing and Online Marketing Tips

How to Make Your Agency Profitable in 2025

Marketing School - Digital Marketing and Online Marketing Tips

Eric Siu and Neil Patel

Careers, Business, Marketing

4.61.3K Ratings

🗓️ 7 December 2024

⏱️ 54 minutes

🧾️ Download transcript

Summary

In this bonus episode, we give you a sneak peek into what our Agency Owners Association (AOA) hangouts look like. Join their discussion as Marcel Petitpas, CEO and co-founder of Parakeeto, shares strategic adjustments that can lead to improved profitability and outlines effective pricing strategies to achieve desired margins.  Don’t forget to help us grow by subscribing and liking on YouTube!   Check out more of Eric’s content (Leveling UP YT) and Neil’s videos (Neil Patel YT)    TIME-STAMPED SHOW NOTES: (00:00) Introduction to Agency Owners Association Coaching Call (00:58) Understanding the Interconnectedness of Agency Operations (02:53) The Cycle of Insolvency in Agency Growth (06:06) Core Financial Metrics for Agency Profitability (09:02) The Importance of Delivery Margin (11:47) Key Metrics to Track for Agency Success (14:51) Improving Delivery Margin: Strategies and Insights (18:15) Leveraging Average Cost Per Hour for Profitability (28:01) Understanding Key Metrics for Agency Success (33:11) The Importance of Utilization in Agency Operations (39:46) Maximizing Profitability Through Strategic Adjustments (45:08) Navigating Pricing Strategies for Better Margins Go to https://www.marketingschool.io to learn more!   Leave Some Feedback: What should we talk about next?  Did you enjoy this episode? If so, please leave a short review.   Connect with Us:    Single Grain << Eric’s ad agency NP Digital << Neil’s ad agency X @neilpatel X @ericosiu

Transcript

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0:00.0

All right, so we have a little treat for you. So this is a coaching call from the agency

0:05.1

owners association. This is a group that Neil and I have for agency owners to help you grow faster.

0:10.2

So if you're in agency space, you are a services business. This is applicable to you. It's a little

0:14.5

preview of a call. It's probably 10, 15 minutes or so. And you get a sense for what it looks like

0:18.6

to be in the group. If you want to learn more about the group, you can go to marketing school.io slash agency.

0:23.6

Again, it's marketing school.com.

0:24.9

I.O. slash agency.

0:26.3

Hope you enjoy the episode.

0:27.7

Marcel Petify.

0:29.0

Welcome, dude.

0:29.7

He's a CEO and co-founder of Parakeeto.

0:32.2

It's a company dedicated to helping agencies measure and improve the profitability

0:36.3

by streamlining their operations,

0:38.7

reporting on the systems. He's also the head strategic coach at SAS Academy by Dan Martel

0:44.9

and the number one coaching program for B2B SaaS businesses in the world. Welcome. Thank you

0:50.8

for being here. I appreciate you for being here, Marcel. I'm going to turn it over to you. Let's get cracking.

0:56.4

Thank you very much, Austin. Hey, everyone. I'm super stoked about this because, like, it's a small, intimate group. So typically when I'm doing stuff like this, it's a much bigger room. I'm kind of talking at you guys. We'll do Q&A and do some engagement and stuff.

1:12.1

But like we can just really get into the weeds today and talk about the stuff that is most important to all of you.

1:18.2

So I know there was like a voting process that happened before I showed up here.

1:21.8

And there's a focus on forecasting.

1:23.7

We could definitely get into that. But I want to take the opportunity to just kind of get to know who you guys are, where you're at in your businesses, and feel maybe some of the burning questions that you have as it relates to the scope that I spend all of my time thinking about speaking about publishing content on and that we built an entire company around, which is that there's no other word to use to describe it, that cluster fuck that is trying to make sense

1:50.3

of the interconnected nature of finance, operations and delivery, and new business and sales,

...

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