unlocking the potential of modern marketing agencies

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Driven by Results: Unlocking the Potential of Modern Marketing Agencies Presented by Paul Roetzer (@PaulRoetzer) Oct. 12, 2011

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Cleveland AMA presentation by Paul Roetzer, based on The Marketing Agency Blueprint (Wi

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Page 1: Unlocking the Potential of Modern Marketing Agencies

Driven by Results: Unlocking the Potential of Modern Marketing Agencies

Presented by Paul Roetzer (@PaulRoetzer)

Oct. 12, 2011

Page 2: Unlocking the Potential of Modern Marketing Agencies

PR 20/20 Timeline

•  February 2004: Had an idea for a different agency model.

•  July 2005: Completed the business plan.

•  November 2005: Launched the agency.

•  March 2006: Hired first employee and moved into office.

•  November 2007: Took the leap with HubSpot.

•  April 2008: Introduced HubSpot service packages.

•  Sept 2008: Attended/spoke at the Inbound Marketing Summit.

•  Sept 2008: Published Dawn of the Inbound Marketing Agency.

@PaulRoetzer #cleama

Page 3: Unlocking the Potential of Modern Marketing Agencies

PR 20/20 Timeline •  January 2010: Released How to Build Your Inbound Marketing GamePlan.

•  July 2010: Launched 2nd edition of service packages.

•  November 2010: Celebrated our 5-year anniversary.

•  December 2010: Had a change in perspective.

•  April 2011: Signed Wiley deal to author The Marketing Agency Blueprint.

@PaulRoetzer

Page 4: Unlocking the Potential of Modern Marketing Agencies

“It’s not about who we are, but what we, as marketing agencies, have the potential to be.” —

The Marketing Agency Blueprint, Introduction

@PaulRoetzer #cleama

Page 5: Unlocking the Potential of Modern Marketing Agencies

Rise of the Hybrids

• Tech savvy •  Integrated services • Versatile talent • Diversified revenue

@PaulRoetzer #cleama

Page 6: Unlocking the Potential of Modern Marketing Agencies

“A great book seeks to explain causality, not correlation. It works to point out the circumstances in which it works, and where it doesn't. And in so doing, it

is broadly applicable.” — Clayton Christensen

@PaulRoetzer #cleama

Page 7: Unlocking the Potential of Modern Marketing Agencies

1) Change Velocity

•  Technology innovation

•  Consumer behavior

•  Business software

•  Online applications

•  Communication patterns

•  Marketing philosophies

•  Agency management systems

•  Client services

@PaulRoetzer #cleama

Page 8: Unlocking the Potential of Modern Marketing Agencies

2) Selective Consumption

•  Basic principle behind inbound marketing

•  Consumers tuning out traditional marketing

•  Brands lose control, but gain loyalty

•  Shifting budgets

•  New strategies

•  Expanded and integrated services

@PaulRoetzer #cleama

Page 9: Unlocking the Potential of Modern Marketing Agencies

3) Success Factors

@PaulRoetzer #cleama

Page 10: Unlocking the Potential of Modern Marketing Agencies

@PaulRoetzer

Page 11: Unlocking the Potential of Modern Marketing Agencies

Keys to Successful Agency Partnerships Evaluating, Hiring and Managing Firms

@PaulRoetzer #cleama

Page 12: Unlocking the Potential of Modern Marketing Agencies

1) Insist on A Players

•  Analytical

•  Confident

•  Creative

•  Detail-oriented

•  Highly motivated

•  Strategic

@PaulRoetzer #cleama

Page 13: Unlocking the Potential of Modern Marketing Agencies

2) Find Tech-Savvy Partners

@PaulRoetzer #cleama

Page 14: Unlocking the Potential of Modern Marketing Agencies

3) Demand Digital is Ingrained in DNA

@PaulRoetzer

Source: How to Build Your Inbound Marketing GamePlan

#cleama

Page 15: Unlocking the Potential of Modern Marketing Agencies

4) Look for Data Lovers

@PaulRoetzer #cleama

Page 16: Unlocking the Potential of Modern Marketing Agencies

5) Invest in the Doers

@PaulRoetzer #cleama

Page 17: Unlocking the Potential of Modern Marketing Agencies

6) Seek Systems for Success

@PaulRoetzer #cleama

Page 18: Unlocking the Potential of Modern Marketing Agencies

7) Find Partners, Not Providers

@PaulRoetzer #cleama

Page 19: Unlocking the Potential of Modern Marketing Agencies

Other Considerations

@PaulRoetzer

•  Culture

•  Pricing

•  Stability

•  Capacity

•  Management

•  Performance

#cleama

Page 20: Unlocking the Potential of Modern Marketing Agencies

The Agency Side of the Story Principles from The Marketing Agency Blueprint

@PaulRoetzer #cleama

Page 21: Unlocking the Potential of Modern Marketing Agencies

1) Inefficiency is the enemy of success.

2) A real-time world demands real-time agencies.

3) Talent cannot be replicated.

4) The best plan is to prepare for perpetual change.

5) Doing is the key to differentiation.

@PaulRoetzer

Lessons Learned

#cleama

Page 22: Unlocking the Potential of Modern Marketing Agencies

6) Everything is sales.

7) All clients are not created equal.

8) Never hesitate to head in a direction that others seem to fear.

9) An agency’s value is measured in outcomes, not outputs.

10) It is purpose, not profits, which defines an agency.

@PaulRoetzer

Lessons Learned

#cleama

Page 23: Unlocking the Potential of Modern Marketing Agencies

@PaulRoetzer

Page 24: Unlocking the Potential of Modern Marketing Agencies

“Purpose eases the pain of the long hours and gives you the fortitude to fail. It makes menial tasks

meaningful, and serves as the pivotal piece of your employee recruitment and retention strategy.” —

The Marketing Agency Blueprint, Chapter 10

@PaulRoetzer #cleama

Page 25: Unlocking the Potential of Modern Marketing Agencies

www.MarketingAgencyInsider.com