Is It Still Worth Starting A SMMA in 2024? 🤔
🔴 Main Channel: / jordanplatten
#shorts #jordanplatten
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🔴 Main Channel: / jordanplatten
#shorts #jordanplatten
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FREE Agency Owners Community: www.skool.com/agencyowners
Пікірлер: 42
Bro wants to eliminate his competition😭
@motivatemillionairemind
6 күн бұрын
Maybe, but this guys doesn't have much competition, there are really not many people on this level
There are heaps of people in the industry but 95% never gain traction. You're only really competing against the 5% of agencies who genuinely get clients and produce outstanding results. Everyone else is irrelevant.
@josemanuel7249
11 ай бұрын
Thanks. I'm white labelling my service to start with to get great results. Then will partner with recruiter for top media buyers.
@user-zq2bi1me7w
7 ай бұрын
LMAO go tell that to the 95%
@SuzannaKiraly
3 ай бұрын
Yeah, plus most of them call themselves "agencies" but are really freelancers.
@landrybiangongone2583
2 ай бұрын
So true. Having clients, getting them great results and mantain them is the key.
High Demand + Low Barrier to Entry = Market Saturation
@Anton-vc8ii
9 ай бұрын
Saturation dont mean shit, it means that it works, how can SMMA be saturated if there are MILLIONS of business out there, and new ones created every single day
@squid7713
9 ай бұрын
@@Anton-vc8ii when everyone is targeting everyone, and having the same outreach scripts and same offer. It gets saturatedZ
@JJ-xf8xg
9 ай бұрын
@@squid7713True, but to be fair you only need a few clients to make 5k-10k per month
@ai_success_tips
7 ай бұрын
@@Anton-vc8iiit doesn't matter how many businesses start in a day... Because 95% of startups fails you know... And remaining 5 % are still profitable then why they choose newly smma agency
@Anton-vc8ii
7 ай бұрын
yeah smma is good@@ai_success_tips
Start an e-commerce agency, got it 😅
Thinking what niche I want to go in & it’s between local real estate brokerages or mortgage brokers last choice is chiro.
Nice vid
Wait Jordan so do you need your own social media following to be able to do this or can you rely on other stuff like ads and if it doesn’t work, you refund the person who paid for it.
@motivatemillionairemind
6 күн бұрын
No you dont need a social media presence and the risk of no ROI, is always there, you could do that you only get paid after you deliverd results, but they still will have to pay the ad spend
Nice glasses 😃
E-commerce owners 👀
what's an ecommerce agency?
@Timothy.Dowell
Ай бұрын
Handling businesses online sales
What does SMMA stand for?
@Timothy.Dowell
Ай бұрын
Social media marketing agency.
Bro why is it low profit margins I don’t understand where people are spending the money on that’s what I seen
@Anton-vc8ii
9 ай бұрын
its not low profit margin, it just lowers if u hire ppl etc
@letinhuynh
7 ай бұрын
It’s 70% profit margins not low at all
@jkitn8900
6 ай бұрын
im not sure who has mislead you my friend profit margins are huge and grow as you get more clients - Example: 2 clients at $2k each ($4K) = 4k revenue. Tech stack = $200-500 p/m and potential contractor (not necessary) $500 per client.. = 4K - $1.5K = $2.5K profit (62.5% Profit). Then 10 clients at $2k = $20K Revenue. Tech Stack + Contractor (500p/c) = 5.5K. 20k - 5.5K = 14.5K Profit (72.5% Profit)
@letinhuynh
6 ай бұрын
@@jkitn8900 it really depends on your goal, I run a DFY agency as opposed to a DWY so the margins can greatly differ all depending on what you're product is. More clients = More management = more overhead = lower profit margins.
No
@evalve1200
Жыл бұрын
No what?
@MysteryTheorists
5 ай бұрын
no@@evalve1200
@sketchyschemes
Ай бұрын
@@evalve1200 he's replying to the caption
@evalve1200
Ай бұрын
@@sketchyschemes thx
@AhmedMiad
8 күн бұрын
YES