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.
I mean if that's your mentality then you might as well just shut off your brain if you have one completely, The reason is because you just wanna quit without ever trying and asking the simplest question "why do the 95% fail? What do they do that I have to avoid" Anyways don't worry I can assure you that you will never be successful 😅😅
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
@@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
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.
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
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)
@@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.
Bro wants to eliminate his competition😭
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.
Thanks. I'm white labelling my service to start with to get great results. Then will partner with recruiter for top media buyers.
LMAO go tell that to the 95%
Yeah, plus most of them call themselves "agencies" but are really freelancers.
So true. Having clients, getting them great results and mantain them is the key.
I mean if that's your mentality then you might as well just shut off your brain if you have one completely,
The reason is because you just wanna quit without ever trying and asking the simplest question "why do the 95% fail? What do they do that I have to avoid"
Anyways don't worry I can assure you that you will never be successful 😅😅
High Demand + Low Barrier to Entry = Market Saturation
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
@@Anton-vc8ii when everyone is targeting everyone, and having the same outreach scripts and same offer. It gets saturatedZ
@@squid7713True, but to be fair you only need a few clients to make 5k-10k per month
@@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
yeah smma is good@@ai_success_tips
Start an e-commerce agency, got it 😅
Nice vid
Thinking what niche I want to go in & it’s between local real estate brokerages or mortgage brokers last choice is chiro.
Nice glasses 😃
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.
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
E-commerce owners 👀
what's an ecommerce agency?
Handling businesses online sales
Bro why is it low profit margins I don’t understand where people are spending the money on that’s what I seen
its not low profit margin, it just lowers if u hire ppl etc
It’s 70% profit margins not low at all
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)
@@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.
What does SMMA stand for?
Social media marketing agency.
No
No what?
no@@evalve1200
@@evalve1200 he's replying to the caption
@@sketchyschemes thx
YES