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#posting this from my phone because it’s a busy day so hopefully the image quality is fine
serpentineshine · 9 months
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Merry Christmas! 🎁🎄
you get art of my old OCs <3
more alt crops under cut
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i really like how these turned out despite being a kinda rough/sketchy drawing🥺💖
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robertosmithuk · 4 years
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11 Ideas to Mitigating the Impact of COVID-19
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This post about mitigating the impact of COVID-19
We’ve been in lockdown from 5-6 months depending on where you live. Here at Mac Productions we have been working (from our home office) during that time. In that time I have redesigned this website to optimise the page load speed of all pages see the results here.
In that time I have also been contacted and shared a number of new ideas on SEO and also on the Covid-19 situation.
Below is an article I am happy to share by marketing wizard Guy Kawasaki (chief evangelist for Canva). He is probably best known for his time at Apple with Steve Jobs at the time of the 1984 launch of the Macintosh line of computers. In addition he has launched a number of tech companies in Silicon valley.
I hope you like what he has to say but if not then hopefully you will take a second look at your own outlook on the the future.
I haven’t been through a worldwide health and economic crisis of this severity, and I doubt that most people have. I mentally revisited my stint at Apple when it was flailing and failing in the 1990s and my ups and downs with companies that I’ve led, advised, and invested in to provide a framework for persevering through this pandemic.
This list isn’t about pixie dust and unicorns. It’s about grit and courage and do or die decisions. We can’t defeat a virus with bluster, machismo, and fake news, but we can mitigate its impact by making wise, albeit tough decisions.
1) Run the right race. This is not a sprint. It’s a marathon. It’s not a hundred yards. It’s miles and miles and months and months, perhaps even years and years. An even better metaphor is that it’s a decathlon because it takes multiple skills to survive.
2) Focus on cash. Cash is king, queen, prince, and princess. Perseverance is not about perceptions and images. Perseverance is about surviving. Think about this. The iPad that Apple announced a few weeks ago is now discounted on Amazon. Wrap your mind around that. When have you seen a new Apple product discounted on Amazon? The lesson is to turn your inventory into cash because you can’t pay your employees and bills with inventory.
3) Cut deeper than you think you should. The rising tide floats all boats, but the falling tide affects big boats the most. My experience is that people, in hindsight, regret not reacting fast enough and tough enough.
It’s better to look back and say, I cut too much and left money on the table than I should have done more, but I didn’t, so I died. With the former, at least you’re still in business with the latter. You are gone.
4) Go direct. You cannot depend on multiple tier distribution. Imagine if Amazon decided your product wasn’t essential and delayed fulfillment. Or if your resellers aren’t even open to accept your product, much less sell it.
You should be so lucky that your biggest problem is that your channel partners, assuming they’re still around, resent that you did business directly.
5) Tap your customer base. The easiest people to sell to are the people that you’ve sold to before. If you have a good product or service, you can tap dance all the way to the bank.
6) Don’t depend on white knights and silver bullets, especially politicians. Magical forgiven loans from the government aren’t going to suddenly materialize. If you get a loan, hallelujah, take it and run. But a good business strategy is never, “And then the miracle will occur.”
7) Be transparent with your employees. If there was ever a time to be transparent with your employees, it is now because everyone is suffering. It’s not like you’re going to tell them something that they haven’t read about or heard from their friends, families, and colleagues.
Also lying and shading take a lot of time and energy, and you have none of either to spare. That said, a leader can never have a bad day. A leader’s role is to provide a calm, rational, honest, and empathetic model, even if you have to fake it. I never saw Steve Jobs have a bad day.
8) Give to get. You’re asking a lot of your employees, so give a lot. The currency that you have is stock. Using stock is not going to affect your cash balance. I hope you end up in a situation where you say, “I should not have offered so much equity” because it means you’re still alive. That’s a lot better than owning 100% of a dead company.
9) Evaluate your supply chain. Stuff made locally doesn’t need to be shipped. Robots don’t get sick. Maybe paying a little more is worth not being subject to the whims of trade wars, much less pandemics. So examine your supply chain to see if you can simplify and control more of it.
10) Do the crap that you never had time to do. Establish and document new processes and procedures. Upgrade technology, learn new skills such as video conferencing. Making videos and remote everything. This is the time to do the yucky stuff that you never had time to do before.
11) A bonus: ask the question, “Therefore, what?” What will this pandemic change, and how will it create opportunities?
Let’s go back a little in history. Suppose that you came to the insight that people were going to have phones, these phones would have cameras, and these cameras would be able to take high-quality pictures that you can share via the internet. Therefore, what? Therefore, you create a photo-sharing app such as Instagram.
Now is the time for you to ask the question, Therefore, what? You know it’s going to be a long time before we fly to large in-person conferences, gleefully go shopping and crowded malls, learn only in physical classrooms, and sit in the reception areas of medical facilities.
I have a fun example of, therefore what an animal sanctuary called Sweet Farm has created a service called Goat 2 Meeting, not Go to Meeting. This service enables companies to include animals such as a llama in your video conferences to provide a bit of levity and relief.
Video conferencing is exploding. But the meetings are boring and stressful, so Sweet Farm came up with the idea of offering live video appearances of animals.
If you liked this post by Guy Kawasaki here are a couple more places to learn more from him.
Listen to Guy Kawaski’s Podcats ay https://guykawasaki.com/remarkable-people/
The Guy Kawasaki Guide to Rocking Your Online Marketing – https://neilpatel.com/blog/guy-kawasaki-marketing-guide/
  The post 11 Ideas to Mitigating the Impact of COVID-19 appeared first on Mac Productions Digital Marketing.
source https://macproductions.com/11-ideas-to-mitigating-the-impact-of-covid-19/ source https://lesvisible1.blogspot.com/2020/09/11-ideas-to-mitigating-impact-of-covid.html
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How To Make Money with a Blog
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Monetize Your Blogging Efforts With This Highly Actionable Guide So you finally want to join the blogging community. Well by reading this article you’ll have taken the biggest step to start a blog that can create an income for you and your family.
I have been blogging as my main source of income for the past 8 years. It has been a long hard slog ( making money online is hard ) but in the past few years I have managed to launch successful blog after successful blog which have meant that I can quit the 9-5 and spend more time with my family & start building a lifestyle I am happy with.
Don’t get me wrong I have made many mistakes along the way but once I knew what I was doing it became a lot easier and more enjoyable. Many of my friends have emailed me or called me to find out more about “What Jamie Does”, but it can be a little hard to sink in at first as to how you can actually make a real income from running a successful blog(s). Therefore I have decided to create this guide for my buddies, family, email subscribers and anyone else who wants to start doing “What Jamie Does”.
This guide to making money making a blog is completely free. I don’t want anything for it – just for you to take action and do it, so many of my friends would love to do it but give up too soon, often when their big breakthrough might only be a few weeks away.
The guide is quite long and there are lots of links to other pages on this weblog and on other blogs too which will help you – so please make sure to bookmark this page.
I hope you find it as enjoyable as I did writing it.
How Much Can you Earn Blogging? Whether you’re looking to supplement your income with a little extra to pay for a few nice treats or create a blog that will support your lifestyle then you can pretty much make as much money as you like from blogging if you are prepared to put in the hard work.
There are lots of great stories out there of successful bloggers who make money blogging:
For example over the past couple of years, husband and wife team, Bjork and Lindsay at PinchofYum. com, a food and recipe blog, have built up a huge following and some months they have made nearly $25k.
Another blogging couple, Yeison and Samantha, who run mytanfeet. com are making over $5k per month while they travel the world and share their photos and tales on their blog.
I’m not going to lie to you but it can take months even years before you might see a significant return on the time you invest in to starting a blog but that is why I have created this free guide so that you can be confident in taking the right steps to achieving your blogging goals.
So let’s continue…
How to Pick a Profitable Blog Niche This is the most critical step. Seriously.
There is no point in starting a blog that you want to make money from without a plan. There are thousands, even hundreds of niches out there. Some are broad and huge; some are small and virtually unknown. Some niches are easier to make money in than others.
This is why your research is important.
A good place to start when you are picking a niche is to look at your own interests in Google.
For example I really launched a website in the survivalist niche a couple of years ago which I sold for a great profit. The reason I created this blog was that I enjoy being outdoors, hiking and mountain biking etc . I also watch a lot of TV shows about people like Bear Grylls and Ray Mears.
I’m no expert but it’s something I like.
One area I never really got into with my survivalist blog and wanted to was Everyday Carry. Most people will have never heard of this concept but it really is an interesting sub-niche with in this niche. Everyday Carry is basically any items you can’t leave the house with.
For most of us this will be our wallet, phone & keys – and in the summer months hopefully some sunglasses: ).
If you travel a lot for work you may have a laptop or tablet with you.
If you work on the construction site you may have a tool belt.
However for many people who are always prepared everyday carry is about having everything you might need in an emergency or for general use on you at all times. This will often include a light source (torch), a pocket knife, some small tools & rope it’s quite amazing how easy it is to carry all these things with you in your pockets, on your keys or in a small bag.
So What Will You Need to Make Money Blogging Now that you have done your research and worked out what niche you want to enter it is time to start bringing all of the different elements together for starting as well as monetizing a blog.
1 . Get a Blog If you’re planning to make money from blogging then it goes with out saying that you will need to start a blog.: )
When anyone asks me about starting a professional money making blog I always recommend them to use self hosted WordPress as it’s the best platform for bloggers. I always recommend to new bloggers to use BlueHost to host their new blogs. You can get BlueHost’s high quality hosting for $2. 95 per month (36 months sign up) Use this link to get a free domain name with your hosting.
Useful Resources:
How to Start a Blog Guide The Best Blog Name Generators Bluehost Review Examples of Blogs
2 . Create Great Content So now that you have built your blog you are ready to create some blog posts for your readers.
The reason this section is called “Great Content” is because your content really does need to be of a high standard. Everyday millions of blog posts are published on the internet and with so much competition for our limited attention spans you really have to be creating blog posts people are going to want to read and perhaps even share on social media or on their own blogs.
Make sure your posts are:
Well formatted and look good with relevant images Are in-depth and entertaining Offer links to other posts to expand on points I have created a guide to coming up with interesting blog post ideas which may help you here and this post covers some tips to writing great blog posts.
Useful Resources:
Free Stock Image Sites
3. Build Up Your Audience I started my first ever blog by writing on a consistent schedule about myself, my hobbies and interests. People found me via Google, Facebook, social media and my readership gradually grew over time to where it is today.
Once I had built up an audience, making money from blogging became an afterthought.
When you have a large group of fans interested in what you have to say, the money will come. Trust me on that.
The hard part is finding and gathering your fans.
Promote your blog
No matter how great your articles are no one is going to know about them unless you take time to promote your blog.
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SEO
I know enough about SEO to probably be wrong about a lot of it. I could probably write a series of articles on SEO tactics I have learned over the years but as I am not an expert I’ll point you in the right direction to some good articles on the subject.
WordPress SEO Guide (Blogging Wizard) The Big List of Link Building Tactics (Point Blank SEO) How to Research competitors with SEMRush Beginners Guide to SEO (Moz. com) The SEO BluePrint(MatthewBarby. com) P. S. SEO is not dead, it’s one of the best traffic sources for people who will buy your products/services or sign up to your email lists. SEO is a lot harder than it once was but don’t ignore it.
Social Media
From my experience, the actual social media sites that send the most traffic to blogs in general are:
Facebook Twitter Google+ Pinterest LinkedIn Reddit The results will vary depending on your target audience.
If your blog is aimed around professional readers and business people you might have more potential traffic through LinkedIn and Google+. If your target reader is more visual it might make more sense to focus exclusively on Facebook, Pinterest and also Instagram for promoting your blog.
A great social media management tool for all this is Sendible. Try it for free for 30 days or check out my review on Sendible.
WordPress also have a variety of plugins that make it easy to put social sharing buttons on your blog posts. Some people like to limit the number of plugins they use on their WordPress blog because it can slow the blog down and it can open your blog up to more attacks, butt a social sharing plugin is one that should have high priority if you do choose to use plugins.
THESE ARE THE TOP SOCIAL SHARING PLUGINS FOR WORDPRESS:
https://wordpress.org/plugins/sharebar/ http://wordpress.org/plugins/wp-socializer/ http://wordpress.org/plugins/scrolling-social-sharebar/ http://wordpress.org/plugins/digg-digg/ http://wordpress.org/plugins/flare/ http://wordpress.org/plugins/share-this/ Those are six popular sharing buttons. There are many more. Whichever you choose make sure you limit the number of icons that appear and also make sure the plugin doesn’t slow down your page speed dramatically. If it does you’ll lose readers.
Sharing your site content on social media is an art. There is no right way to do it. People have success sharing blog content in their own unique ways. Some will share only their blog site links on social media. Others will share a high percentage of unique content on social media.
As is with most things in life, sometimes the best approach is somewhere in the middle.
Paid Advertising
Paying for clicks and traffic on social media or in the search engines can be a great option to market your blog. A lot of the information about site marketing covers the organic options. While some of these can turn your blog into a popular destination quickly the more likely scenario is that it will take time for you to build communities to promote your blog content.
With paid methods, you have the opportunity to pay for traffic and clicks right away. And if you do well in targeting your audience on the right channels you can easily build your audience with advertising in order to supplement your organic efforts.
Facebook – Depending on your niche you can expect to pay about $1 per click to your web site, but there are many variables that can influence how much you will pay. Depending on the nature of your business this can provide some excellent ROI in terms of initial sales, but the main focus of this ad campaign is to get people to your blog. Wow them with your content and get them to opt-in to your email list for more updates.
Twitter – has a variety of ad options like Facebook and other social networks. The best one for your blog marketing efforts is the Promoted Tweets option. You can expect about $0. 50 to be able to $0. 75 estimated cost per engagement, which is Twitter’s way of telling you what your cost per click is.
Reddit – ads appear on the top of the various pages. They are obviously ads so users don’t feel tricked into clicking on them. When people choose to select an ad they usually know it. So there is little chance of upsetting customers this way.
LinkedIn – has traditional online advertising that appears in the sidebar, but the Sponsored Updates options is much more advantageous for content producers.
Build Your Email List
You will see lots of bloggers who proclaim that the money is in the list. In my early days I didn’t buy in to this ideology but now it’s one of the most important things I focus on.
Once you’ve developed your fan base, it is essential to retain them as you continue to build your personal brand.
In the case of my blog, about 99% of my early readers would come, read a single article, and then leave forever. So instead of missing out on a potential regular, I started gathering email addresses using a service called Awebber, but these days I prefer GetResponse.
In return for a reader’s email address, I would give away a free 7 day email course via email. About 85% of the time, that reader would stick around after the mini course to check out my new articles and updates.
In fact , I have readers on my blogs that have stuck with me for over 6 years!?!
The key to growing your mailing list would be to keep your existing fans while at the same time as attracting new readers. This way, your audience will increase month on month.
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wickedbananas · 6 years
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Let's Make Money: 4 Tactics for Agencies Looking to Succeed - Whiteboard Friday
Posted by rjonesx.
We spend a lot of time discussing SEO tactics, but in a constantly changing industry, one thing that deserves more attention are the tactics agencies should employ in order to see success. From confidently raising your prices to knowing when to say no, Moz's own Russ Jones covers four essential success tactics that'll ultimately increase your bottom line in today's edition of Whiteboard Friday.
Click on the whiteboard image above to open a high-resolution version in a new tab!
Video Transcription
Howdy, Moz fans. I am Russ Jones, and I can't tell you how excited I am for my first Whiteboard Friday. I am Principal Search Scientist here at Moz. But before coming to Moz, for the 10 years prior to that, I was the Chief Technology Officer of a small SEO agency back in North Carolina. So I have a strong passion for agencies and consultants who are on the ground doing the work, helping websites rank better and helping build businesses.
So what I wanted to do today was spend a little bit of time talking about the lessons that I learned at an agency that admittedly I only learned through trial and error. But before we even go further, I just wanted to thank the folks at Hive Digital who I learned so much from, Jeff and Jake and Malcolm and Ryan, because the team effort over time is what ended up building an agency. Any agency that succeeds knows that that's part of it. So we'll start with that thank-you.
But what I really want to get into is that we spend a lot of time talking about SEO tactics, but not really about how to succeed in an industry that changes rapidly, in which there's almost no certification, and where it can be difficult to explain to customers exactly how they're going to be successful with what you offer. So what I'm going to do is break down four really important rules that I learned over the course of that 10 years. We're going to go through each one of them as quickly as possible, but at the same time, hopefully you'll walk away with some good ideas. Some of these are ones that it might at first feel a little bit awkward, but just follow me.
1. Raise prices
The first rule, number one in Let's Make Money is raise your prices. Now, I remember quite clearly two years in to my job at Hive Digital — it was called Virante then — and we were talking about raising prices. We were just looking at our customers, saying to ourselves, "There's no way they can afford it." But then luckily we had the foresight that there was more to raising prices than just charging your customers more.
How it benefits old customers
The first thing that just hit us automatically was... "Well, with our old customers, we can just discount them. It's not that bad. We're in the same place as we always were." But then it occurred to us, "Wait, wait, wait. If we discount our customers, then we're actually increasing our perceived value." Our existing customers now think, "Hey, they're actually selling something better that's more expensive, but I'm getting a deal," and by offering them that deal because of their loyalty, you engender more loyalty. So it can actually be good for old customers.
How it benefits new customers
Now, for new customers, once again, same sort of situation. You've increased the perceived value. So your customers who come to you think, "Oh, this company is professional. This company is willing to invest. This company is interested in providing the highest quality of services." In reality, because you've raised prices, you can. You can spend more time and money on each customer and actually do a better job. The third part is, "What's the worst that could happen?" If they say no, you offer them the discount. You're back where you started. You're in the same position that you were before.
How it benefits your workers
Now, here's where it really matters — your employees, your workers. If you are offering bottom line prices, you can't offer them raises, you can't offer them training, you can't hire them help, or you can't get better workers. But if you do, if you raise prices, the whole ecosystem that is your agency will do better.
How it improves your resources
Finally, and most importantly, which we'll talk a little bit more later, is that you can finally tool up. You can get the resources and capital that you need to actually succeed. I drew this kind of out.
If we have a graph of quality of services that you offer and the price that you sell at, most agencies think that they're offering great quality at a little price, but the reality is you're probably down here. You're probably under-selling your services and, because of that, you can't offer the best that you can.
You should be up here. You should be offering higher quality, your experts who spend time all day studying this, and raising prices allows you to do that.
2. Schedule
Now, raising prices is only part one. The second thing is discipline, and I am really horrible about this. The reality is that I'm the kind of guy who looks for the latest and greatest and just jumps into it, but schedule matters. As hard as it is to admit it, I learned this from the CPC folks because they know that they have to stay on top of it every day of the week.
Well, here's something that we kind of came up with as I was leaving the company, and that was to set all of our customers as much as possible into a schedule.
Annually: we would handle keywords and competitors doing complete analysis.
Semi-annually: Twice a year, we would do content analysis. What should you be writing about? What's changed in your industry? What are different keywords that you might be able to target now given additional resources?
Quarterly: You need to be looking at links. It's just a big enough issue that you've got to look at it every couple of months, a complete link analysis.
Monthly: You should be looking at your crawls. Moz will do that every week for you, but you should give your customers an idea, over the course of a month, what's changed.
Weekly: You should be doing rankings
But there are three things that, when you do all of these types of analysis, you need to keep in mind. Each one of them is a...
Report
Hours for consulting
Phone call
This might seem like a little bit of overkill. But of course, if one of these comes back and nothing changed, you don't need to do the phone call, but each one of these represents additional money in your pocket and importantly better service for your customers.
It might seem hard to believe that when you go to a customer and you tell them, "Look, nothing's changed," that you're actually giving them value, but the truth is that if you go to the dentist and he tells you, you don't have a cavity, that's good news. You shouldn't say to yourself at the end of the day, "Why'd I go to the dentist in the first place?" You should say, "I'm so glad I went to the dentist." By that same positive outlook, you should be selling to your customers over and over and over again, hoping to give them the clarity they need to succeed.
3. Tool up!
So number three, you're going to see this a lot in my videos because I just love SEO tools, but you've got to tool up. Once you've raised prices and you're making more money with your customers, you actually can. Tools are superpowers. Tools allow you to do things that humans just can't do. Like I can't figure out the link graph on my own. I need tools to do it. But tools can do so much more than just auditing existing clients. For example, they can give you...
Better leads:
You can use tools to find opportunities.Take for example the tools within Moz and you want to find other car dealerships in the area that are really good and have an opportunity to rank, but aren't doing as well as they should be in SERPs. You want to do this because you've already serviced successfully a different car dealership. Well, tools like Moz can do that. You don't just have to use Moz to help your clients. You can use them to help yourself.
Better pre-audits:
Nobody walks into a sales call blind. You know who the website is. So you just start with a great pre-audit.
Faster workflows:
Which means you make more money quicker. If you can do your keyword analysis annually in half the time because you have the right tool for it, then you're going to make far more money and be able to serve more customers.
Bulk pricing:
This one is just mind-blowingly simple. It's bulk pricing. Every tool out there, the more you buy from them, the lower the price is. I remember at my old company sitting down at one point and recognizing that every customer that came in the door would need to spend about $1,000 on individual accounts to match what they were getting through us by being able to take advantage of the bulk discounts that we were getting as an agency by buying these seats on behalf of all of our customers.
So tell your clients when you're talking to them on the phone, in the pitch be like, "Look, we use Moz, Majestic, Ahrefs, SEMrush," list off all of the competitors. "We do Screaming Frog." Just name them all and say, "If you wanted to go out and just get the data yourself from these tools, it would cost you more than we're actually charging you." The tools can sell themselves. You are saving them money.
4. Just say NO
Now, the last section, real quickly, are the things you've just got to learn to say no to. One of them has a little nuance to it. There's going to be some bite back in the comments, I'm pretty sure, but I want to be careful with it.
No month-to-month contracts
The first thing to say no to is month-to-month contracts.
If a customer comes to you and they say, "Look, we want to do SEO, but we want to be able to cancel every 30 days." the reality is this. They're not interested in investing in SEO. They're interested in dabbling in SEO. They're interested in experimenting with SEO. Well, that's not going to succeed. It's only going to take one competitor or two who actually invest in it to beat them out, and when they beat them out, you're going to look bad and they're going to cancel their account with you. So sit down with them and explain to them that it is a long-term strategy and it's just not worth it to your company to bring on customers who aren't interested in investing in SEO. Say it politely, but just turn it away.
Don't turn anything away
Now, notice that my next thing is don't turn anything away. So here's something careful. Here's the nuance. It's really important to learn to fire clients who are bad for your business, where you're losing money on them or they're just impolite, but that doesn't mean you have to turn them away. You just need to turn them in the right direction. That right direction might be tools themselves. You can say, "Look, you don't really need our consulting hours. You should go use these tools." Or you can turn them to other fledgling businesses, friends you have in the industry who might be struggling at this time.
I'll tell you a quick example. We don't have much time, but many, many years ago, we had a client that came to us. At our old company, we had a couple of rules about who we would work with. We chose not to work in the adult industry. But at the time, I had a friend in the industry. He lived outside of the United States, and he had fallen on hard times. He literally had his business taken away from him via a series of just really unscrupulous events. I picked up the phone and gave him a call. I didn't turn away the customer. I turned them over to this individual.
That very next year, he had ended up landing a new job at the top of one of the largest gambling organizations in the world. Well, frankly, they weren't on our list of people we couldn't work with. We landed the largest contract in the history of our company at that time, and it set our company straight for an entire year. It was just because instead of turning away the client, we turned them to a different direction. So you've got to say no to turning away everybody. They are opportunities. They might not be your opportunity, but they're someone's.
No service creep
The last one is service creep. Oh, man, this one is hard. A customer comes up to you and they list off three things that you offer that they want, and then they say, "Oh, yeah, we need social media management." Somebody else comes up to you, three things you want to offer, and they say, "Oh yeah, we need you to write content," and that's not something you do. You've just got to not do that. You've got to learn to shave off services that you can't offer. Instead, turn them over to people who can do them and do them very well.
What you're going to end up doing in your conversation, your sales pitch is, "Look, I'm going to be honest with you. We are great at some things, but this isn't our cup of tea. We know someone who's really great at it." That honesty, that candidness is just going to give them such a better relationship with you, and it's going to build a stronger relationship with those other specialty companies who are going to send business your way. So it's really important to learn to say no to say no service creep.
Well, anyway, there's a lot that we went over there. I hope it wasn't too much too fast, but hopefully we can talk more about it in the comments. I look forward to seeing you there. Thanks.
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michaelandy101-blog · 4 years
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Let's Make Money: 4 Tactics for Agencies Looking to Succeed – Best of Whiteboard Friday
New Post has been published on https://tiptopreview.com/lets-make-money-4-tactics-for-agencies-looking-to-succeed-best-of-whiteboard-friday/
Let's Make Money: 4 Tactics for Agencies Looking to Succeed – Best of Whiteboard Friday
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We spend a lot of time discussing SEO tactics, but in a constantly changing industry and especially in times of uncertainty, the strategies agencies should employ in order to see success deserve more attention. In this popular (and still relevant) Whiteboard Friday, Russ Jones discusses four essential success tactics that’ll ultimately increase your bottom line. 
Russ also delved into the topic of profitability in his MozCon Virtual presentation this year. To watch his and our other amazing speaker presentations, you can purchase access to the 2020 video bundle here.  
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Click on the whiteboard image above to open a high-resolution version in a new tab!
Video Transcription
Howdy, Moz fans. I am Russ Jones, and I can’t tell you how excited I am for my first Whiteboard Friday. I am Principal Search Scientist here at Moz. But before coming to Moz, for the 10 years prior to that, I was the Chief Technology Officer of a small SEO agency back in North Carolina. So I have a strong passion for agencies and consultants who are on the ground doing the work, helping websites rank better and helping build businesses.
So what I wanted to do today was spend a little bit of time talking about the lessons that I learned at an agency that admittedly I only learned through trial and error. But before we even go further, I just wanted to thank the folks at Hive Digital who I learned so much from, Jeff and Jake and Malcolm and Ryan, because the team effort over time is what ended up building an agency. Any agency that succeeds knows that that’s part of it. So we’ll start with that thank-you.
But what I really want to get into is that we spend a lot of time talking about SEO tactics, but not really about how to succeed in an industry that changes rapidly, in which there’s almost no certification, and where it can be difficult to explain to customers exactly how they’re going to be successful with what you offer. So what I’m going to do is break down four really important rules that I learned over the course of that 10 years. We’re going to go through each one of them as quickly as possible, but at the same time, hopefully you’ll walk away with some good ideas. Some of these are ones that it might at first feel a little bit awkward, but just follow me.
1. Raise prices
The first rule, number one in Let’s Make Money is raise your prices. Now, I remember quite clearly two years in to my job at Hive Digital — it was called Virante then — and we were talking about raising prices. We were just looking at our customers, saying to ourselves, “There’s no way they can afford it.” But then luckily we had the foresight that there was more to raising prices than just charging your customers more.
How it benefits old customers
The first thing that just hit us automatically was… “Well, with our old customers, we can just discount them. It’s not that bad. We’re in the same place as we always were.” But then it occurred to us, “Wait, wait, wait. If we discount our customers, then we’re actually increasing our perceived value.” Our existing customers now think, “Hey, they’re actually selling something better that’s more expensive, but I’m getting a deal,” and by offering them that deal because of their loyalty, you engender more loyalty. So it can actually be good for old customers.
How it benefits new customers
Now, for new customers, once again, same sort of situation. You’ve increased the perceived value. So your customers who come to you think, “Oh, this company is professional. This company is willing to invest. This company is interested in providing the highest quality of services.” In reality, because you’ve raised prices, you can. You can spend more time and money on each customer and actually do a better job. The third part is, “What’s the worst that could happen?” If they say no, you offer them the discount. You’re back where you started. You’re in the same position that you were before.
How it benefits your workers
Now, here’s where it really matters — your employees, your workers. If you are offering bottom line prices, you can’t offer them raises, you can’t offer them training, you can’t hire them help, or you can’t get better workers. But if you do, if you raise prices, the whole ecosystem that is your agency will do better.
How it improves your resources
Tumblr media
Finally, and most importantly, which we’ll talk a little bit more later, is that you can finally tool up. You can get the resources and capital that you need to actually succeed. I drew this kind of out.
Tumblr media
If we have a graph of quality of services that you offer and the price that you sell at, most agencies think that they’re offering great quality at a little price, but the reality is you’re probably down here. You’re probably under-selling your services and, because of that, you can’t offer the best that you can.
You should be up here. You should be offering higher quality, your experts who spend time all day studying this, and raising prices allows you to do that.
2. Schedule
Now, raising prices is only part one. The second thing is discipline, and I am really horrible about this. The reality is that I’m the kind of guy who looks for the latest and greatest and just jumps into it, but schedule matters. As hard as it is to admit it, I learned this from the CPC folks because they know that they have to stay on top of it every day of the week.
Well, here’s something that we kind of came up with as I was leaving the company, and that was to set all of our customers as much as possible into a schedule.
Annually: we would handle keywords and competitors doing complete analysis.
Semi-annually: Twice a year, we would do content analysis. What should you be writing about? What’s changed in your industry? What are different keywords that you might be able to target now given additional resources?
Quarterly: You need to be looking at links. It’s just a big enough issue that you’ve got to look at it every couple of months, a complete link analysis.
Monthly: You should be looking at your crawls. Moz will do that every week for you, but you should give your customers an idea, over the course of a month, what’s changed.
Weekly: You should be doing rankings
Tumblr media
But there are three things that, when you do all of these types of analysis, you need to keep in mind. Each one of them is a…
Report
Hours for consulting
Phone call
This might seem like a little bit of overkill. But of course, if one of these comes back and nothing changed, you don’t need to do the phone call, but each one of these represents additional money in your pocket and importantly better service for your customers.
It might seem hard to believe that when you go to a customer and you tell them, “Look, nothing’s changed,” that you’re actually giving them value, but the truth is that if you go to the dentist and he tells you, you don’t have a cavity, that’s good news. You shouldn’t say to yourself at the end of the day, “Why’d I go to the dentist in the first place?” You should say, “I’m so glad I went to the dentist.” By that same positive outlook, you should be selling to your customers over and over and over again, hoping to give them the clarity they need to succeed.
3. Tool up!
So number three, you’re going to see this a lot in my videos because I just love SEO tools, but you’ve got to tool up. Once you’ve raised prices and you’re making more money with your customers, you actually can. Tools are superpowers. Tools allow you to do things that humans just can’t do. Like I can’t figure out the link graph on my own. I need tools to do it. But tools can do so much more than just auditing existing clients. For example, they can give you…
Better leads:
You can use tools to find opportunities.Take for example the tools within Moz and you want to find other car dealerships in the area that are really good and have an opportunity to rank, but aren’t doing as well as they should be in SERPs. You want to do this because you’ve already serviced successfully a different car dealership. Well, tools like Moz can do that. You don’t just have to use Moz to help your clients. You can use them to help yourself.
Better pre-audits:
Nobody walks into a sales call blind. You know who the website is. So you just start with a great pre-audit.
Faster workflows:
Which means you make more money quicker. If you can do your keyword analysis annually in half the time because you have the right tool for it, then you’re going to make far more money and be able to serve more customers.
Bulk pricing:
This one is just mind-blowingly simple. It’s bulk pricing. Every tool out there, the more you buy from them, the lower the price is. I remember at my old company sitting down at one point and recognizing that every customer that came in the door would need to spend about $1,000 on individual accounts to match what they were getting through us by being able to take advantage of the bulk discounts that we were getting as an agency by buying these seats on behalf of all of our customers.
So tell your clients when you’re talking to them on the phone, in the pitch be like, “Look, we use Moz, Majestic, Ahrefs, SEMrush,” list off all of the competitors. “We do Screaming Frog.” Just name them all and say, “If you wanted to go out and just get the data yourself from these tools, it would cost you more than we’re actually charging you.” The tools can sell themselves. You are saving them money.
Tumblr media
4. Just say NO
Now, the last section, real quickly, are the things you’ve just got to learn to say no to. One of them has a little nuance to it. There’s going to be some bite back in the comments, I’m pretty sure, but I want to be careful with it.
No month-to-month contracts
The first thing to say no to is month-to-month contracts.
Tumblr media
If a customer comes to you and they say, “Look, we want to do SEO, but we want to be able to cancel every 30 days.” the reality is this. They’re not interested in investing in SEO. They’re interested in dabbling in SEO. They’re interested in experimenting with SEO. Well, that’s not going to succeed. It’s only going to take one competitor or two who actually invest in it to beat them out, and when they beat them out, you’re going to look bad and they’re going to cancel their account with you. So sit down with them and explain to them that it is a long-term strategy and it’s just not worth it to your company to bring on customers who aren’t interested in investing in SEO. Say it politely, but just turn it away.
Don’t turn anything away
Tumblr media
Now, notice that my next thing is don’t turn anything away. So here’s something careful. Here’s the nuance. It’s really important to learn to fire clients who are bad for your business, where you’re losing money on them or they’re just impolite, but that doesn’t mean you have to turn them away. You just need to turn them in the right direction. That right direction might be tools themselves. You can say, “Look, you don’t really need our consulting hours. You should go use these tools.” Or you can turn them to other fledgling businesses, friends you have in the industry who might be struggling at this time.
I’ll tell you a quick example. We don’t have much time, but many, many years ago, we had a client that came to us. At our old company, we had a couple of rules about who we would work with. We chose not to work in the adult industry. But at the time, I had a friend in the industry. He lived outside of the United States, and he had fallen on hard times. He literally had his business taken away from him via a series of just really unscrupulous events. I picked up the phone and gave him a call. I didn’t turn away the customer. I turned them over to this individual.
That very next year, he had ended up landing a new job at the top of one of the largest gambling organizations in the world. Well, frankly, they weren’t on our list of people we couldn’t work with. We landed the largest contract in the history of our company at that time, and it set our company straight for an entire year. It was just because instead of turning away the client, we turned them to a different direction. So you’ve got to say no to turning away everybody. They are opportunities. They might not be your opportunity, but they’re someone’s.
No service creep
Tumblr media
The last one is service creep. Oh, man, this one is hard. A customer comes up to you and they list off three things that you offer that they want, and then they say, “Oh, yeah, we need social media management.” Somebody else comes up to you, three things you want to offer, and they say, “Oh yeah, we need you to write content,” and that’s not something you do. You’ve just got to not do that. You’ve got to learn to shave off services that you can’t offer. Instead, turn them over to people who can do them and do them very well.
What you’re going to end up doing in your conversation, your sales pitch is, “Look, I’m going to be honest with you. We are great at some things, but this isn’t our cup of tea. We know someone who’s really great at it.” That honesty, that candidness is just going to give them such a better relationship with you, and it’s going to build a stronger relationship with those other specialty companies who are going to send business your way. So it’s really important to learn to say no to say no service creep.
Well, anyway, there’s a lot that we went over there. I hope it wasn’t too much too fast, but hopefully we can talk more about it in the comments. I look forward to seeing you there. Thanks.
Video transcription by Speechpad.com
Ready for more?
You’ll uncover even more SEO goodness in the MozCon 2020 video bundle. At this year’s special low price of $129, this is invaluable content you can access again and again throughout the year to inspire and ignite your SEO strategy:
21 full-length videos from some of the brightest minds in digital marketing
Instant downloads and streaming to your computer, tablet, or mobile device
Downloadable slide decks for presentations
Get my MozCon 2020 video bundle
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epackingvietnam · 4 years
Text
Let's Make Money: 4 Tactics for Agencies Looking to Succeed – Best of Whiteboard Friday
Posted by rjonesx.
We spend a lot of time discussing SEO tactics, but in a constantly changing industry and especially in times of uncertainty, the strategies agencies should employ in order to see success deserve more attention. In this popular (and still relevant) Whiteboard Friday, Russ Jones discusses four essential success tactics that'll ultimately increase your bottom line.  Russ also delved into the topic of profitability in his MozCon Virtual presentation this year. To watch his and our other amazing speaker presentations, you can purchase access to the 2020 video bundle here.  
Tumblr media
Click on the whiteboard image above to open a high-resolution version in a new tab!
Video Transcription
Howdy, Moz fans. I am Russ Jones, and I can't tell you how excited I am for my first Whiteboard Friday. I am Principal Search Scientist here at Moz. But before coming to Moz, for the 10 years prior to that, I was the Chief Technology Officer of a small SEO agency back in North Carolina. So I have a strong passion for agencies and consultants who are on the ground doing the work, helping websites rank better and helping build businesses.
So what I wanted to do today was spend a little bit of time talking about the lessons that I learned at an agency that admittedly I only learned through trial and error. But before we even go further, I just wanted to thank the folks at Hive Digital who I learned so much from, Jeff and Jake and Malcolm and Ryan, because the team effort over time is what ended up building an agency. Any agency that succeeds knows that that's part of it. So we'll start with that thank-you.
But what I really want to get into is that we spend a lot of time talking about SEO tactics, but not really about how to succeed in an industry that changes rapidly, in which there's almost no certification, and where it can be difficult to explain to customers exactly how they're going to be successful with what you offer. So what I'm going to do is break down four really important rules that I learned over the course of that 10 years. We're going to go through each one of them as quickly as possible, but at the same time, hopefully you'll walk away with some good ideas. Some of these are ones that it might at first feel a little bit awkward, but just follow me.
1. Raise prices
The first rule, number one in Let's Make Money is raise your prices. Now, I remember quite clearly two years in to my job at Hive Digital — it was called Virante then — and we were talking about raising prices. We were just looking at our customers, saying to ourselves, "There's no way they can afford it." But then luckily we had the foresight that there was more to raising prices than just charging your customers more.
How it benefits old customers
The first thing that just hit us automatically was... "Well, with our old customers, we can just discount them. It's not that bad. We're in the same place as we always were." But then it occurred to us, "Wait, wait, wait. If we discount our customers, then we're actually increasing our perceived value." Our existing customers now think, "Hey, they're actually selling something better that's more expensive, but I'm getting a deal," and by offering them that deal because of their loyalty, you engender more loyalty. So it can actually be good for old customers.
How it benefits new customers
Now, for new customers, once again, same sort of situation. You've increased the perceived value. So your customers who come to you think, "Oh, this company is professional. This company is willing to invest. This company is interested in providing the highest quality of services." In reality, because you've raised prices, you can. You can spend more time and money on each customer and actually do a better job. The third part is, "What's the worst that could happen?" If they say no, you offer them the discount. You're back where you started. You're in the same position that you were before.
How it benefits your workers
Now, here's where it really matters — your employees, your workers. If you are offering bottom line prices, you can't offer them raises, you can't offer them training, you can't hire them help, or you can't get better workers. But if you do, if you raise prices, the whole ecosystem that is your agency will do better.
How it improves your resources
Tumblr media
Finally, and most importantly, which we'll talk a little bit more later, is that you can finally tool up. You can get the resources and capital that you need to actually succeed. I drew this kind of out.
Tumblr media
If we have a graph of quality of services that you offer and the price that you sell at, most agencies think that they're offering great quality at a little price, but the reality is you're probably down here. You're probably under-selling your services and, because of that, you can't offer the best that you can.
You should be up here. You should be offering higher quality, your experts who spend time all day studying this, and raising prices allows you to do that.
2. Schedule
Now, raising prices is only part one. The second thing is discipline, and I am really horrible about this. The reality is that I'm the kind of guy who looks for the latest and greatest and just jumps into it, but schedule matters. As hard as it is to admit it, I learned this from the CPC folks because they know that they have to stay on top of it every day of the week.
Well, here's something that we kind of came up with as I was leaving the company, and that was to set all of our customers as much as possible into a schedule.
Annually: we would handle keywords and competitors doing complete analysis.
Semi-annually: Twice a year, we would do content analysis. What should you be writing about? What's changed in your industry? What are different keywords that you might be able to target now given additional resources?
Quarterly: You need to be looking at links. It's just a big enough issue that you've got to look at it every couple of months, a complete link analysis.
Monthly: You should be looking at your crawls. Moz will do that every week for you, but you should give your customers an idea, over the course of a month, what's changed.
Weekly: You should be doing rankings
Tumblr media
But there are three things that, when you do all of these types of analysis, you need to keep in mind. Each one of them is a...
Report
Hours for consulting
Phone call
This might seem like a little bit of overkill. But of course, if one of these comes back and nothing changed, you don't need to do the phone call, but each one of these represents additional money in your pocket and importantly better service for your customers.
It might seem hard to believe that when you go to a customer and you tell them, "Look, nothing's changed," that you're actually giving them value, but the truth is that if you go to the dentist and he tells you, you don't have a cavity, that's good news. You shouldn't say to yourself at the end of the day, "Why'd I go to the dentist in the first place?" You should say, "I'm so glad I went to the dentist." By that same positive outlook, you should be selling to your customers over and over and over again, hoping to give them the clarity they need to succeed.
3. Tool up!
So number three, you're going to see this a lot in my videos because I just love SEO tools, but you've got to tool up. Once you've raised prices and you're making more money with your customers, you actually can. Tools are superpowers. Tools allow you to do things that humans just can't do. Like I can't figure out the link graph on my own. I need tools to do it. But tools can do so much more than just auditing existing clients. For example, they can give you...
Better leads:
You can use tools to find opportunities.Take for example the tools within Moz and you want to find other car dealerships in the area that are really good and have an opportunity to rank, but aren't doing as well as they should be in SERPs. You want to do this because you've already serviced successfully a different car dealership. Well, tools like Moz can do that. You don't just have to use Moz to help your clients. You can use them to help yourself.
Better pre-audits:
Nobody walks into a sales call blind. You know who the website is. So you just start with a great pre-audit.
Faster workflows:
Which means you make more money quicker. If you can do your keyword analysis annually in half the time because you have the right tool for it, then you're going to make far more money and be able to serve more customers.
Bulk pricing:
This one is just mind-blowingly simple. It's bulk pricing. Every tool out there, the more you buy from them, the lower the price is. I remember at my old company sitting down at one point and recognizing that every customer that came in the door would need to spend about $1,000 on individual accounts to match what they were getting through us by being able to take advantage of the bulk discounts that we were getting as an agency by buying these seats on behalf of all of our customers.
So tell your clients when you're talking to them on the phone, in the pitch be like, "Look, we use Moz, Majestic, Ahrefs, SEMrush," list off all of the competitors. "We do Screaming Frog." Just name them all and say, "If you wanted to go out and just get the data yourself from these tools, it would cost you more than we're actually charging you." The tools can sell themselves. You are saving them money.
Tumblr media
4. Just say NO
Now, the last section, real quickly, are the things you've just got to learn to say no to. One of them has a little nuance to it. There's going to be some bite back in the comments, I'm pretty sure, but I want to be careful with it.
No month-to-month contracts
The first thing to say no to is month-to-month contracts.
Tumblr media
If a customer comes to you and they say, "Look, we want to do SEO, but we want to be able to cancel every 30 days." the reality is this. They're not interested in investing in SEO. They're interested in dabbling in SEO. They're interested in experimenting with SEO. Well, that's not going to succeed. It's only going to take one competitor or two who actually invest in it to beat them out, and when they beat them out, you're going to look bad and they're going to cancel their account with you. So sit down with them and explain to them that it is a long-term strategy and it's just not worth it to your company to bring on customers who aren't interested in investing in SEO. Say it politely, but just turn it away.
Don't turn anything away
Tumblr media
Now, notice that my next thing is don't turn anything away. So here's something careful. Here's the nuance. It's really important to learn to fire clients who are bad for your business, where you're losing money on them or they're just impolite, but that doesn't mean you have to turn them away. You just need to turn them in the right direction. That right direction might be tools themselves. You can say, "Look, you don't really need our consulting hours. You should go use these tools." Or you can turn them to other fledgling businesses, friends you have in the industry who might be struggling at this time.
I'll tell you a quick example. We don't have much time, but many, many years ago, we had a client that came to us. At our old company, we had a couple of rules about who we would work with. We chose not to work in the adult industry. But at the time, I had a friend in the industry. He lived outside of the United States, and he had fallen on hard times. He literally had his business taken away from him via a series of just really unscrupulous events. I picked up the phone and gave him a call. I didn't turn away the customer. I turned them over to this individual.
That very next year, he had ended up landing a new job at the top of one of the largest gambling organizations in the world. Well, frankly, they weren't on our list of people we couldn't work with. We landed the largest contract in the history of our company at that time, and it set our company straight for an entire year. It was just because instead of turning away the client, we turned them to a different direction. So you've got to say no to turning away everybody. They are opportunities. They might not be your opportunity, but they're someone's.
No service creep
Tumblr media
The last one is service creep. Oh, man, this one is hard. A customer comes up to you and they list off three things that you offer that they want, and then they say, "Oh, yeah, we need social media management." Somebody else comes up to you, three things you want to offer, and they say, "Oh yeah, we need you to write content," and that's not something you do. You've just got to not do that. You've got to learn to shave off services that you can't offer. Instead, turn them over to people who can do them and do them very well.
What you're going to end up doing in your conversation, your sales pitch is, "Look, I'm going to be honest with you. We are great at some things, but this isn't our cup of tea. We know someone who's really great at it." That honesty, that candidness is just going to give them such a better relationship with you, and it's going to build a stronger relationship with those other specialty companies who are going to send business your way. So it's really important to learn to say no to say no service creep.
Well, anyway, there's a lot that we went over there. I hope it wasn't too much too fast, but hopefully we can talk more about it in the comments. I look forward to seeing you there. Thanks.
Video transcription by Speechpad.com
Ready for more?
You'll uncover even more SEO goodness in the MozCon 2020 video bundle. At this year's special low price of $129, this is invaluable content you can access again and again throughout the year to inspire and ignite your SEO strategy:
21 full-length videos from some of the brightest minds in digital marketing
Instant downloads and streaming to your computer, tablet, or mobile device
Downloadable slide decks for presentations
Get my MozCon 2020 video bundle
Sign up for The Moz Top 10, a semimonthly mailer updating you on the top ten hottest pieces of SEO news, tips, and rad links uncovered by the Moz team. Think of it as your exclusive digest of stuff you don't have time to hunt down but want to read!
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0 notes
bfxenon · 4 years
Text
Let's Make Money: 4 Tactics for Agencies Looking to Succeed – Best of Whiteboard Friday
Posted by rjonesx.
We spend a lot of time discussing SEO tactics, but in a constantly changing industry and especially in times of uncertainty, the strategies agencies should employ in order to see success deserve more attention. In this popular (and still relevant) Whiteboard Friday, Russ Jones discusses four essential success tactics that'll ultimately increase your bottom line.  Russ also delved into the topic of profitability in his MozCon Virtual presentation this year. To watch his and our other amazing speaker presentations, you can purchase access to the 2020 video bundle here.  
Tumblr media
Click on the whiteboard image above to open a high-resolution version in a new tab!
Video Transcription
Howdy, Moz fans. I am Russ Jones, and I can't tell you how excited I am for my first Whiteboard Friday. I am Principal Search Scientist here at Moz. But before coming to Moz, for the 10 years prior to that, I was the Chief Technology Officer of a small SEO agency back in North Carolina. So I have a strong passion for agencies and consultants who are on the ground doing the work, helping websites rank better and helping build businesses.
So what I wanted to do today was spend a little bit of time talking about the lessons that I learned at an agency that admittedly I only learned through trial and error. But before we even go further, I just wanted to thank the folks at Hive Digital who I learned so much from, Jeff and Jake and Malcolm and Ryan, because the team effort over time is what ended up building an agency. Any agency that succeeds knows that that's part of it. So we'll start with that thank-you.
But what I really want to get into is that we spend a lot of time talking about SEO tactics, but not really about how to succeed in an industry that changes rapidly, in which there's almost no certification, and where it can be difficult to explain to customers exactly how they're going to be successful with what you offer. So what I'm going to do is break down four really important rules that I learned over the course of that 10 years. We're going to go through each one of them as quickly as possible, but at the same time, hopefully you'll walk away with some good ideas. Some of these are ones that it might at first feel a little bit awkward, but just follow me.
1. Raise prices
The first rule, number one in Let's Make Money is raise your prices. Now, I remember quite clearly two years in to my job at Hive Digital — it was called Virante then — and we were talking about raising prices. We were just looking at our customers, saying to ourselves, "There's no way they can afford it." But then luckily we had the foresight that there was more to raising prices than just charging your customers more.
How it benefits old customers
The first thing that just hit us automatically was... "Well, with our old customers, we can just discount them. It's not that bad. We're in the same place as we always were." But then it occurred to us, "Wait, wait, wait. If we discount our customers, then we're actually increasing our perceived value." Our existing customers now think, "Hey, they're actually selling something better that's more expensive, but I'm getting a deal," and by offering them that deal because of their loyalty, you engender more loyalty. So it can actually be good for old customers.
How it benefits new customers
Now, for new customers, once again, same sort of situation. You've increased the perceived value. So your customers who come to you think, "Oh, this company is professional. This company is willing to invest. This company is interested in providing the highest quality of services." In reality, because you've raised prices, you can. You can spend more time and money on each customer and actually do a better job. The third part is, "What's the worst that could happen?" If they say no, you offer them the discount. You're back where you started. You're in the same position that you were before.
How it benefits your workers
Now, here's where it really matters — your employees, your workers. If you are offering bottom line prices, you can't offer them raises, you can't offer them training, you can't hire them help, or you can't get better workers. But if you do, if you raise prices, the whole ecosystem that is your agency will do better.
How it improves your resources
Tumblr media
Finally, and most importantly, which we'll talk a little bit more later, is that you can finally tool up. You can get the resources and capital that you need to actually succeed. I drew this kind of out.
Tumblr media
If we have a graph of quality of services that you offer and the price that you sell at, most agencies think that they're offering great quality at a little price, but the reality is you're probably down here. You're probably under-selling your services and, because of that, you can't offer the best that you can.
You should be up here. You should be offering higher quality, your experts who spend time all day studying this, and raising prices allows you to do that.
2. Schedule
Now, raising prices is only part one. The second thing is discipline, and I am really horrible about this. The reality is that I'm the kind of guy who looks for the latest and greatest and just jumps into it, but schedule matters. As hard as it is to admit it, I learned this from the CPC folks because they know that they have to stay on top of it every day of the week.
Well, here's something that we kind of came up with as I was leaving the company, and that was to set all of our customers as much as possible into a schedule.
Annually: we would handle keywords and competitors doing complete analysis.
Semi-annually: Twice a year, we would do content analysis. What should you be writing about? What's changed in your industry? What are different keywords that you might be able to target now given additional resources?
Quarterly: You need to be looking at links. It's just a big enough issue that you've got to look at it every couple of months, a complete link analysis.
Monthly: You should be looking at your crawls. Moz will do that every week for you, but you should give your customers an idea, over the course of a month, what's changed.
Weekly: You should be doing rankings
Tumblr media
But there are three things that, when you do all of these types of analysis, you need to keep in mind. Each one of them is a...
Report
Hours for consulting
Phone call
This might seem like a little bit of overkill. But of course, if one of these comes back and nothing changed, you don't need to do the phone call, but each one of these represents additional money in your pocket and importantly better service for your customers.
It might seem hard to believe that when you go to a customer and you tell them, "Look, nothing's changed," that you're actually giving them value, but the truth is that if you go to the dentist and he tells you, you don't have a cavity, that's good news. You shouldn't say to yourself at the end of the day, "Why'd I go to the dentist in the first place?" You should say, "I'm so glad I went to the dentist." By that same positive outlook, you should be selling to your customers over and over and over again, hoping to give them the clarity they need to succeed.
3. Tool up!
So number three, you're going to see this a lot in my videos because I just love SEO tools, but you've got to tool up. Once you've raised prices and you're making more money with your customers, you actually can. Tools are superpowers. Tools allow you to do things that humans just can't do. Like I can't figure out the link graph on my own. I need tools to do it. But tools can do so much more than just auditing existing clients. For example, they can give you...
Better leads:
You can use tools to find opportunities.Take for example the tools within Moz and you want to find other car dealerships in the area that are really good and have an opportunity to rank, but aren't doing as well as they should be in SERPs. You want to do this because you've already serviced successfully a different car dealership. Well, tools like Moz can do that. You don't just have to use Moz to help your clients. You can use them to help yourself.
Better pre-audits:
Nobody walks into a sales call blind. You know who the website is. So you just start with a great pre-audit.
Faster workflows:
Which means you make more money quicker. If you can do your keyword analysis annually in half the time because you have the right tool for it, then you're going to make far more money and be able to serve more customers.
Bulk pricing:
This one is just mind-blowingly simple. It's bulk pricing. Every tool out there, the more you buy from them, the lower the price is. I remember at my old company sitting down at one point and recognizing that every customer that came in the door would need to spend about $1,000 on individual accounts to match what they were getting through us by being able to take advantage of the bulk discounts that we were getting as an agency by buying these seats on behalf of all of our customers.
So tell your clients when you're talking to them on the phone, in the pitch be like, "Look, we use Moz, Majestic, Ahrefs, SEMrush," list off all of the competitors. "We do Screaming Frog." Just name them all and say, "If you wanted to go out and just get the data yourself from these tools, it would cost you more than we're actually charging you." The tools can sell themselves. You are saving them money.
Tumblr media
4. Just say NO
Now, the last section, real quickly, are the things you've just got to learn to say no to. One of them has a little nuance to it. There's going to be some bite back in the comments, I'm pretty sure, but I want to be careful with it.
No month-to-month contracts
The first thing to say no to is month-to-month contracts.
Tumblr media
If a customer comes to you and they say, "Look, we want to do SEO, but we want to be able to cancel every 30 days." the reality is this. They're not interested in investing in SEO. They're interested in dabbling in SEO. They're interested in experimenting with SEO. Well, that's not going to succeed. It's only going to take one competitor or two who actually invest in it to beat them out, and when they beat them out, you're going to look bad and they're going to cancel their account with you. So sit down with them and explain to them that it is a long-term strategy and it's just not worth it to your company to bring on customers who aren't interested in investing in SEO. Say it politely, but just turn it away.
Don't turn anything away
Tumblr media
Now, notice that my next thing is don't turn anything away. So here's something careful. Here's the nuance. It's really important to learn to fire clients who are bad for your business, where you're losing money on them or they're just impolite, but that doesn't mean you have to turn them away. You just need to turn them in the right direction. That right direction might be tools themselves. You can say, "Look, you don't really need our consulting hours. You should go use these tools." Or you can turn them to other fledgling businesses, friends you have in the industry who might be struggling at this time.
I'll tell you a quick example. We don't have much time, but many, many years ago, we had a client that came to us. At our old company, we had a couple of rules about who we would work with. We chose not to work in the adult industry. But at the time, I had a friend in the industry. He lived outside of the United States, and he had fallen on hard times. He literally had his business taken away from him via a series of just really unscrupulous events. I picked up the phone and gave him a call. I didn't turn away the customer. I turned them over to this individual.
That very next year, he had ended up landing a new job at the top of one of the largest gambling organizations in the world. Well, frankly, they weren't on our list of people we couldn't work with. We landed the largest contract in the history of our company at that time, and it set our company straight for an entire year. It was just because instead of turning away the client, we turned them to a different direction. So you've got to say no to turning away everybody. They are opportunities. They might not be your opportunity, but they're someone's.
No service creep
Tumblr media
The last one is service creep. Oh, man, this one is hard. A customer comes up to you and they list off three things that you offer that they want, and then they say, "Oh, yeah, we need social media management." Somebody else comes up to you, three things you want to offer, and they say, "Oh yeah, we need you to write content," and that's not something you do. You've just got to not do that. You've got to learn to shave off services that you can't offer. Instead, turn them over to people who can do them and do them very well.
What you're going to end up doing in your conversation, your sales pitch is, "Look, I'm going to be honest with you. We are great at some things, but this isn't our cup of tea. We know someone who's really great at it." That honesty, that candidness is just going to give them such a better relationship with you, and it's going to build a stronger relationship with those other specialty companies who are going to send business your way. So it's really important to learn to say no to say no service creep.
Well, anyway, there's a lot that we went over there. I hope it wasn't too much too fast, but hopefully we can talk more about it in the comments. I look forward to seeing you there. Thanks.
Video transcription by Speechpad.com
Ready for more?
You'll uncover even more SEO goodness in the MozCon 2020 video bundle. At this year's special low price of $129, this is invaluable content you can access again and again throughout the year to inspire and ignite your SEO strategy:
21 full-length videos from some of the brightest minds in digital marketing
Instant downloads and streaming to your computer, tablet, or mobile device
Downloadable slide decks for presentations
Get my MozCon 2020 video bundle
Sign up for The Moz Top 10, a semimonthly mailer updating you on the top ten hottest pieces of SEO news, tips, and rad links uncovered by the Moz team. Think of it as your exclusive digest of stuff you don't have time to hunt down but want to read!
0 notes
localwebmgmt · 4 years
Text
Let's Make Money: 4 Tactics for Agencies Looking to Succeed – Best of Whiteboard Friday
Posted by rjonesx.
We spend a lot of time discussing SEO tactics, but in a constantly changing industry and especially in times of uncertainty, the strategies agencies should employ in order to see success deserve more attention. In this popular (and still relevant) Whiteboard Friday, Russ Jones discusses four essential success tactics that'll ultimately increase your bottom line.  Russ also delved into the topic of profitability in his MozCon Virtual presentation this year. To watch his and our other amazing speaker presentations, you can purchase access to the 2020 video bundle here.  
Tumblr media
Click on the whiteboard image above to open a high-resolution version in a new tab!
Video Transcription
Howdy, Moz fans. I am Russ Jones, and I can't tell you how excited I am for my first Whiteboard Friday. I am Principal Search Scientist here at Moz. But before coming to Moz, for the 10 years prior to that, I was the Chief Technology Officer of a small SEO agency back in North Carolina. So I have a strong passion for agencies and consultants who are on the ground doing the work, helping websites rank better and helping build businesses.
So what I wanted to do today was spend a little bit of time talking about the lessons that I learned at an agency that admittedly I only learned through trial and error. But before we even go further, I just wanted to thank the folks at Hive Digital who I learned so much from, Jeff and Jake and Malcolm and Ryan, because the team effort over time is what ended up building an agency. Any agency that succeeds knows that that's part of it. So we'll start with that thank-you.
But what I really want to get into is that we spend a lot of time talking about SEO tactics, but not really about how to succeed in an industry that changes rapidly, in which there's almost no certification, and where it can be difficult to explain to customers exactly how they're going to be successful with what you offer. So what I'm going to do is break down four really important rules that I learned over the course of that 10 years. We're going to go through each one of them as quickly as possible, but at the same time, hopefully you'll walk away with some good ideas. Some of these are ones that it might at first feel a little bit awkward, but just follow me.
1. Raise prices
The first rule, number one in Let's Make Money is raise your prices. Now, I remember quite clearly two years in to my job at Hive Digital — it was called Virante then — and we were talking about raising prices. We were just looking at our customers, saying to ourselves, "There's no way they can afford it." But then luckily we had the foresight that there was more to raising prices than just charging your customers more.
How it benefits old customers
The first thing that just hit us automatically was... "Well, with our old customers, we can just discount them. It's not that bad. We're in the same place as we always were." But then it occurred to us, "Wait, wait, wait. If we discount our customers, then we're actually increasing our perceived value." Our existing customers now think, "Hey, they're actually selling something better that's more expensive, but I'm getting a deal," and by offering them that deal because of their loyalty, you engender more loyalty. So it can actually be good for old customers.
How it benefits new customers
Now, for new customers, once again, same sort of situation. You've increased the perceived value. So your customers who come to you think, "Oh, this company is professional. This company is willing to invest. This company is interested in providing the highest quality of services." In reality, because you've raised prices, you can. You can spend more time and money on each customer and actually do a better job. The third part is, "What's the worst that could happen?" If they say no, you offer them the discount. You're back where you started. You're in the same position that you were before.
How it benefits your workers
Now, here's where it really matters — your employees, your workers. If you are offering bottom line prices, you can't offer them raises, you can't offer them training, you can't hire them help, or you can't get better workers. But if you do, if you raise prices, the whole ecosystem that is your agency will do better.
How it improves your resources
Tumblr media
Finally, and most importantly, which we'll talk a little bit more later, is that you can finally tool up. You can get the resources and capital that you need to actually succeed. I drew this kind of out.
Tumblr media
If we have a graph of quality of services that you offer and the price that you sell at, most agencies think that they're offering great quality at a little price, but the reality is you're probably down here. You're probably under-selling your services and, because of that, you can't offer the best that you can.
You should be up here. You should be offering higher quality, your experts who spend time all day studying this, and raising prices allows you to do that.
2. Schedule
Now, raising prices is only part one. The second thing is discipline, and I am really horrible about this. The reality is that I'm the kind of guy who looks for the latest and greatest and just jumps into it, but schedule matters. As hard as it is to admit it, I learned this from the CPC folks because they know that they have to stay on top of it every day of the week.
Well, here's something that we kind of came up with as I was leaving the company, and that was to set all of our customers as much as possible into a schedule.
Annually: we would handle keywords and competitors doing complete analysis.
Semi-annually: Twice a year, we would do content analysis. What should you be writing about? What's changed in your industry? What are different keywords that you might be able to target now given additional resources?
Quarterly: You need to be looking at links. It's just a big enough issue that you've got to look at it every couple of months, a complete link analysis.
Monthly: You should be looking at your crawls. Moz will do that every week for you, but you should give your customers an idea, over the course of a month, what's changed.
Weekly: You should be doing rankings
Tumblr media
But there are three things that, when you do all of these types of analysis, you need to keep in mind. Each one of them is a...
Report
Hours for consulting
Phone call
This might seem like a little bit of overkill. But of course, if one of these comes back and nothing changed, you don't need to do the phone call, but each one of these represents additional money in your pocket and importantly better service for your customers.
It might seem hard to believe that when you go to a customer and you tell them, "Look, nothing's changed," that you're actually giving them value, but the truth is that if you go to the dentist and he tells you, you don't have a cavity, that's good news. You shouldn't say to yourself at the end of the day, "Why'd I go to the dentist in the first place?" You should say, "I'm so glad I went to the dentist." By that same positive outlook, you should be selling to your customers over and over and over again, hoping to give them the clarity they need to succeed.
3. Tool up!
So number three, you're going to see this a lot in my videos because I just love SEO tools, but you've got to tool up. Once you've raised prices and you're making more money with your customers, you actually can. Tools are superpowers. Tools allow you to do things that humans just can't do. Like I can't figure out the link graph on my own. I need tools to do it. But tools can do so much more than just auditing existing clients. For example, they can give you...
Better leads:
You can use tools to find opportunities.Take for example the tools within Moz and you want to find other car dealerships in the area that are really good and have an opportunity to rank, but aren't doing as well as they should be in SERPs. You want to do this because you've already serviced successfully a different car dealership. Well, tools like Moz can do that. You don't just have to use Moz to help your clients. You can use them to help yourself.
Better pre-audits:
Nobody walks into a sales call blind. You know who the website is. So you just start with a great pre-audit.
Faster workflows:
Which means you make more money quicker. If you can do your keyword analysis annually in half the time because you have the right tool for it, then you're going to make far more money and be able to serve more customers.
Bulk pricing:
This one is just mind-blowingly simple. It's bulk pricing. Every tool out there, the more you buy from them, the lower the price is. I remember at my old company sitting down at one point and recognizing that every customer that came in the door would need to spend about $1,000 on individual accounts to match what they were getting through us by being able to take advantage of the bulk discounts that we were getting as an agency by buying these seats on behalf of all of our customers.
So tell your clients when you're talking to them on the phone, in the pitch be like, "Look, we use Moz, Majestic, Ahrefs, SEMrush," list off all of the competitors. "We do Screaming Frog." Just name them all and say, "If you wanted to go out and just get the data yourself from these tools, it would cost you more than we're actually charging you." The tools can sell themselves. You are saving them money.
Tumblr media
4. Just say NO
Now, the last section, real quickly, are the things you've just got to learn to say no to. One of them has a little nuance to it. There's going to be some bite back in the comments, I'm pretty sure, but I want to be careful with it.
No month-to-month contracts
The first thing to say no to is month-to-month contracts.
Tumblr media
If a customer comes to you and they say, "Look, we want to do SEO, but we want to be able to cancel every 30 days." the reality is this. They're not interested in investing in SEO. They're interested in dabbling in SEO. They're interested in experimenting with SEO. Well, that's not going to succeed. It's only going to take one competitor or two who actually invest in it to beat them out, and when they beat them out, you're going to look bad and they're going to cancel their account with you. So sit down with them and explain to them that it is a long-term strategy and it's just not worth it to your company to bring on customers who aren't interested in investing in SEO. Say it politely, but just turn it away.
Don't turn anything away
Tumblr media
Now, notice that my next thing is don't turn anything away. So here's something careful. Here's the nuance. It's really important to learn to fire clients who are bad for your business, where you're losing money on them or they're just impolite, but that doesn't mean you have to turn them away. You just need to turn them in the right direction. That right direction might be tools themselves. You can say, "Look, you don't really need our consulting hours. You should go use these tools." Or you can turn them to other fledgling businesses, friends you have in the industry who might be struggling at this time.
I'll tell you a quick example. We don't have much time, but many, many years ago, we had a client that came to us. At our old company, we had a couple of rules about who we would work with. We chose not to work in the adult industry. But at the time, I had a friend in the industry. He lived outside of the United States, and he had fallen on hard times. He literally had his business taken away from him via a series of just really unscrupulous events. I picked up the phone and gave him a call. I didn't turn away the customer. I turned them over to this individual.
That very next year, he had ended up landing a new job at the top of one of the largest gambling organizations in the world. Well, frankly, they weren't on our list of people we couldn't work with. We landed the largest contract in the history of our company at that time, and it set our company straight for an entire year. It was just because instead of turning away the client, we turned them to a different direction. So you've got to say no to turning away everybody. They are opportunities. They might not be your opportunity, but they're someone's.
No service creep
Tumblr media
The last one is service creep. Oh, man, this one is hard. A customer comes up to you and they list off three things that you offer that they want, and then they say, "Oh, yeah, we need social media management." Somebody else comes up to you, three things you want to offer, and they say, "Oh yeah, we need you to write content," and that's not something you do. You've just got to not do that. You've got to learn to shave off services that you can't offer. Instead, turn them over to people who can do them and do them very well.
What you're going to end up doing in your conversation, your sales pitch is, "Look, I'm going to be honest with you. We are great at some things, but this isn't our cup of tea. We know someone who's really great at it." That honesty, that candidness is just going to give them such a better relationship with you, and it's going to build a stronger relationship with those other specialty companies who are going to send business your way. So it's really important to learn to say no to say no service creep.
Well, anyway, there's a lot that we went over there. I hope it wasn't too much too fast, but hopefully we can talk more about it in the comments. I look forward to seeing you there. Thanks.
Video transcription by Speechpad.com
Ready for more?
You'll uncover even more SEO goodness in the MozCon 2020 video bundle. At this year's special low price of $129, this is invaluable content you can access again and again throughout the year to inspire and ignite your SEO strategy:
21 full-length videos from some of the brightest minds in digital marketing
Instant downloads and streaming to your computer, tablet, or mobile device
Downloadable slide decks for presentations
Get my MozCon 2020 video bundle
Sign up for The Moz Top 10, a semimonthly mailer updating you on the top ten hottest pieces of SEO news, tips, and rad links uncovered by the Moz team. Think of it as your exclusive digest of stuff you don't have time to hunt down but want to read!
0 notes
nutrifami · 4 years
Text
Let's Make Money: 4 Tactics for Agencies Looking to Succeed – Best of Whiteboard Friday
Posted by rjonesx.
We spend a lot of time discussing SEO tactics, but in a constantly changing industry and especially in times of uncertainty, the strategies agencies should employ in order to see success deserve more attention. In this popular (and still relevant) Whiteboard Friday, Russ Jones discusses four essential success tactics that'll ultimately increase your bottom line.  Russ also delved into the topic of profitability in his MozCon Virtual presentation this year. To watch his and our other amazing speaker presentations, you can purchase access to the 2020 video bundle here.  
Tumblr media
Click on the whiteboard image above to open a high-resolution version in a new tab!
Video Transcription
Howdy, Moz fans. I am Russ Jones, and I can't tell you how excited I am for my first Whiteboard Friday. I am Principal Search Scientist here at Moz. But before coming to Moz, for the 10 years prior to that, I was the Chief Technology Officer of a small SEO agency back in North Carolina. So I have a strong passion for agencies and consultants who are on the ground doing the work, helping websites rank better and helping build businesses.
So what I wanted to do today was spend a little bit of time talking about the lessons that I learned at an agency that admittedly I only learned through trial and error. But before we even go further, I just wanted to thank the folks at Hive Digital who I learned so much from, Jeff and Jake and Malcolm and Ryan, because the team effort over time is what ended up building an agency. Any agency that succeeds knows that that's part of it. So we'll start with that thank-you.
But what I really want to get into is that we spend a lot of time talking about SEO tactics, but not really about how to succeed in an industry that changes rapidly, in which there's almost no certification, and where it can be difficult to explain to customers exactly how they're going to be successful with what you offer. So what I'm going to do is break down four really important rules that I learned over the course of that 10 years. We're going to go through each one of them as quickly as possible, but at the same time, hopefully you'll walk away with some good ideas. Some of these are ones that it might at first feel a little bit awkward, but just follow me.
1. Raise prices
The first rule, number one in Let's Make Money is raise your prices. Now, I remember quite clearly two years in to my job at Hive Digital — it was called Virante then — and we were talking about raising prices. We were just looking at our customers, saying to ourselves, "There's no way they can afford it." But then luckily we had the foresight that there was more to raising prices than just charging your customers more.
How it benefits old customers
The first thing that just hit us automatically was... "Well, with our old customers, we can just discount them. It's not that bad. We're in the same place as we always were." But then it occurred to us, "Wait, wait, wait. If we discount our customers, then we're actually increasing our perceived value." Our existing customers now think, "Hey, they're actually selling something better that's more expensive, but I'm getting a deal," and by offering them that deal because of their loyalty, you engender more loyalty. So it can actually be good for old customers.
How it benefits new customers
Now, for new customers, once again, same sort of situation. You've increased the perceived value. So your customers who come to you think, "Oh, this company is professional. This company is willing to invest. This company is interested in providing the highest quality of services." In reality, because you've raised prices, you can. You can spend more time and money on each customer and actually do a better job. The third part is, "What's the worst that could happen?" If they say no, you offer them the discount. You're back where you started. You're in the same position that you were before.
How it benefits your workers
Now, here's where it really matters — your employees, your workers. If you are offering bottom line prices, you can't offer them raises, you can't offer them training, you can't hire them help, or you can't get better workers. But if you do, if you raise prices, the whole ecosystem that is your agency will do better.
How it improves your resources
Tumblr media
Finally, and most importantly, which we'll talk a little bit more later, is that you can finally tool up. You can get the resources and capital that you need to actually succeed. I drew this kind of out.
Tumblr media
If we have a graph of quality of services that you offer and the price that you sell at, most agencies think that they're offering great quality at a little price, but the reality is you're probably down here. You're probably under-selling your services and, because of that, you can't offer the best that you can.
You should be up here. You should be offering higher quality, your experts who spend time all day studying this, and raising prices allows you to do that.
2. Schedule
Now, raising prices is only part one. The second thing is discipline, and I am really horrible about this. The reality is that I'm the kind of guy who looks for the latest and greatest and just jumps into it, but schedule matters. As hard as it is to admit it, I learned this from the CPC folks because they know that they have to stay on top of it every day of the week.
Well, here's something that we kind of came up with as I was leaving the company, and that was to set all of our customers as much as possible into a schedule.
Annually: we would handle keywords and competitors doing complete analysis.
Semi-annually: Twice a year, we would do content analysis. What should you be writing about? What's changed in your industry? What are different keywords that you might be able to target now given additional resources?
Quarterly: You need to be looking at links. It's just a big enough issue that you've got to look at it every couple of months, a complete link analysis.
Monthly: You should be looking at your crawls. Moz will do that every week for you, but you should give your customers an idea, over the course of a month, what's changed.
Weekly: You should be doing rankings
Tumblr media
But there are three things that, when you do all of these types of analysis, you need to keep in mind. Each one of them is a...
Report
Hours for consulting
Phone call
This might seem like a little bit of overkill. But of course, if one of these comes back and nothing changed, you don't need to do the phone call, but each one of these represents additional money in your pocket and importantly better service for your customers.
It might seem hard to believe that when you go to a customer and you tell them, "Look, nothing's changed," that you're actually giving them value, but the truth is that if you go to the dentist and he tells you, you don't have a cavity, that's good news. You shouldn't say to yourself at the end of the day, "Why'd I go to the dentist in the first place?" You should say, "I'm so glad I went to the dentist." By that same positive outlook, you should be selling to your customers over and over and over again, hoping to give them the clarity they need to succeed.
3. Tool up!
So number three, you're going to see this a lot in my videos because I just love SEO tools, but you've got to tool up. Once you've raised prices and you're making more money with your customers, you actually can. Tools are superpowers. Tools allow you to do things that humans just can't do. Like I can't figure out the link graph on my own. I need tools to do it. But tools can do so much more than just auditing existing clients. For example, they can give you...
Better leads:
You can use tools to find opportunities.Take for example the tools within Moz and you want to find other car dealerships in the area that are really good and have an opportunity to rank, but aren't doing as well as they should be in SERPs. You want to do this because you've already serviced successfully a different car dealership. Well, tools like Moz can do that. You don't just have to use Moz to help your clients. You can use them to help yourself.
Better pre-audits:
Nobody walks into a sales call blind. You know who the website is. So you just start with a great pre-audit.
Faster workflows:
Which means you make more money quicker. If you can do your keyword analysis annually in half the time because you have the right tool for it, then you're going to make far more money and be able to serve more customers.
Bulk pricing:
This one is just mind-blowingly simple. It's bulk pricing. Every tool out there, the more you buy from them, the lower the price is. I remember at my old company sitting down at one point and recognizing that every customer that came in the door would need to spend about $1,000 on individual accounts to match what they were getting through us by being able to take advantage of the bulk discounts that we were getting as an agency by buying these seats on behalf of all of our customers.
So tell your clients when you're talking to them on the phone, in the pitch be like, "Look, we use Moz, Majestic, Ahrefs, SEMrush," list off all of the competitors. "We do Screaming Frog." Just name them all and say, "If you wanted to go out and just get the data yourself from these tools, it would cost you more than we're actually charging you." The tools can sell themselves. You are saving them money.
Tumblr media
4. Just say NO
Now, the last section, real quickly, are the things you've just got to learn to say no to. One of them has a little nuance to it. There's going to be some bite back in the comments, I'm pretty sure, but I want to be careful with it.
No month-to-month contracts
The first thing to say no to is month-to-month contracts.
Tumblr media
If a customer comes to you and they say, "Look, we want to do SEO, but we want to be able to cancel every 30 days." the reality is this. They're not interested in investing in SEO. They're interested in dabbling in SEO. They're interested in experimenting with SEO. Well, that's not going to succeed. It's only going to take one competitor or two who actually invest in it to beat them out, and when they beat them out, you're going to look bad and they're going to cancel their account with you. So sit down with them and explain to them that it is a long-term strategy and it's just not worth it to your company to bring on customers who aren't interested in investing in SEO. Say it politely, but just turn it away.
Don't turn anything away
Tumblr media
Now, notice that my next thing is don't turn anything away. So here's something careful. Here's the nuance. It's really important to learn to fire clients who are bad for your business, where you're losing money on them or they're just impolite, but that doesn't mean you have to turn them away. You just need to turn them in the right direction. That right direction might be tools themselves. You can say, "Look, you don't really need our consulting hours. You should go use these tools." Or you can turn them to other fledgling businesses, friends you have in the industry who might be struggling at this time.
I'll tell you a quick example. We don't have much time, but many, many years ago, we had a client that came to us. At our old company, we had a couple of rules about who we would work with. We chose not to work in the adult industry. But at the time, I had a friend in the industry. He lived outside of the United States, and he had fallen on hard times. He literally had his business taken away from him via a series of just really unscrupulous events. I picked up the phone and gave him a call. I didn't turn away the customer. I turned them over to this individual.
That very next year, he had ended up landing a new job at the top of one of the largest gambling organizations in the world. Well, frankly, they weren't on our list of people we couldn't work with. We landed the largest contract in the history of our company at that time, and it set our company straight for an entire year. It was just because instead of turning away the client, we turned them to a different direction. So you've got to say no to turning away everybody. They are opportunities. They might not be your opportunity, but they're someone's.
No service creep
Tumblr media
The last one is service creep. Oh, man, this one is hard. A customer comes up to you and they list off three things that you offer that they want, and then they say, "Oh, yeah, we need social media management." Somebody else comes up to you, three things you want to offer, and they say, "Oh yeah, we need you to write content," and that's not something you do. You've just got to not do that. You've got to learn to shave off services that you can't offer. Instead, turn them over to people who can do them and do them very well.
What you're going to end up doing in your conversation, your sales pitch is, "Look, I'm going to be honest with you. We are great at some things, but this isn't our cup of tea. We know someone who's really great at it." That honesty, that candidness is just going to give them such a better relationship with you, and it's going to build a stronger relationship with those other specialty companies who are going to send business your way. So it's really important to learn to say no to say no service creep.
Well, anyway, there's a lot that we went over there. I hope it wasn't too much too fast, but hopefully we can talk more about it in the comments. I look forward to seeing you there. Thanks.
Video transcription by Speechpad.com
Ready for more?
You'll uncover even more SEO goodness in the MozCon 2020 video bundle. At this year's special low price of $129, this is invaluable content you can access again and again throughout the year to inspire and ignite your SEO strategy:
21 full-length videos from some of the brightest minds in digital marketing
Instant downloads and streaming to your computer, tablet, or mobile device
Downloadable slide decks for presentations
Get my MozCon 2020 video bundle
Sign up for The Moz Top 10, a semimonthly mailer updating you on the top ten hottest pieces of SEO news, tips, and rad links uncovered by the Moz team. Think of it as your exclusive digest of stuff you don't have time to hunt down but want to read!
0 notes
daynamartinez22 · 4 years
Text
Let's Make Money: 4 Tactics for Agencies Looking to Succeed – Best of Whiteboard Friday
Posted by rjonesx.
We spend a lot of time discussing SEO tactics, but in a constantly changing industry and especially in times of uncertainty, the strategies agencies should employ in order to see success deserve more attention. In this popular (and still relevant) Whiteboard Friday, Russ Jones discusses four essential success tactics that'll ultimately increase your bottom line.  Russ also delved into the topic of profitability in his MozCon Virtual presentation this year. To watch his and our other amazing speaker presentations, you can purchase access to the 2020 video bundle here.  
Tumblr media
Click on the whiteboard image above to open a high-resolution version in a new tab!
Video Transcription
Howdy, Moz fans. I am Russ Jones, and I can't tell you how excited I am for my first Whiteboard Friday. I am Principal Search Scientist here at Moz. But before coming to Moz, for the 10 years prior to that, I was the Chief Technology Officer of a small SEO agency back in North Carolina. So I have a strong passion for agencies and consultants who are on the ground doing the work, helping websites rank better and helping build businesses.
So what I wanted to do today was spend a little bit of time talking about the lessons that I learned at an agency that admittedly I only learned through trial and error. But before we even go further, I just wanted to thank the folks at Hive Digital who I learned so much from, Jeff and Jake and Malcolm and Ryan, because the team effort over time is what ended up building an agency. Any agency that succeeds knows that that's part of it. So we'll start with that thank-you.
But what I really want to get into is that we spend a lot of time talking about SEO tactics, but not really about how to succeed in an industry that changes rapidly, in which there's almost no certification, and where it can be difficult to explain to customers exactly how they're going to be successful with what you offer. So what I'm going to do is break down four really important rules that I learned over the course of that 10 years. We're going to go through each one of them as quickly as possible, but at the same time, hopefully you'll walk away with some good ideas. Some of these are ones that it might at first feel a little bit awkward, but just follow me.
1. Raise prices
The first rule, number one in Let's Make Money is raise your prices. Now, I remember quite clearly two years in to my job at Hive Digital — it was called Virante then — and we were talking about raising prices. We were just looking at our customers, saying to ourselves, "There's no way they can afford it." But then luckily we had the foresight that there was more to raising prices than just charging your customers more.
How it benefits old customers
The first thing that just hit us automatically was... "Well, with our old customers, we can just discount them. It's not that bad. We're in the same place as we always were." But then it occurred to us, "Wait, wait, wait. If we discount our customers, then we're actually increasing our perceived value." Our existing customers now think, "Hey, they're actually selling something better that's more expensive, but I'm getting a deal," and by offering them that deal because of their loyalty, you engender more loyalty. So it can actually be good for old customers.
How it benefits new customers
Now, for new customers, once again, same sort of situation. You've increased the perceived value. So your customers who come to you think, "Oh, this company is professional. This company is willing to invest. This company is interested in providing the highest quality of services." In reality, because you've raised prices, you can. You can spend more time and money on each customer and actually do a better job. The third part is, "What's the worst that could happen?" If they say no, you offer them the discount. You're back where you started. You're in the same position that you were before.
How it benefits your workers
Now, here's where it really matters — your employees, your workers. If you are offering bottom line prices, you can't offer them raises, you can't offer them training, you can't hire them help, or you can't get better workers. But if you do, if you raise prices, the whole ecosystem that is your agency will do better.
How it improves your resources
Tumblr media
Finally, and most importantly, which we'll talk a little bit more later, is that you can finally tool up. You can get the resources and capital that you need to actually succeed. I drew this kind of out.
Tumblr media
If we have a graph of quality of services that you offer and the price that you sell at, most agencies think that they're offering great quality at a little price, but the reality is you're probably down here. You're probably under-selling your services and, because of that, you can't offer the best that you can.
You should be up here. You should be offering higher quality, your experts who spend time all day studying this, and raising prices allows you to do that.
2. Schedule
Now, raising prices is only part one. The second thing is discipline, and I am really horrible about this. The reality is that I'm the kind of guy who looks for the latest and greatest and just jumps into it, but schedule matters. As hard as it is to admit it, I learned this from the CPC folks because they know that they have to stay on top of it every day of the week.
Well, here's something that we kind of came up with as I was leaving the company, and that was to set all of our customers as much as possible into a schedule.
Annually: we would handle keywords and competitors doing complete analysis.
Semi-annually: Twice a year, we would do content analysis. What should you be writing about? What's changed in your industry? What are different keywords that you might be able to target now given additional resources?
Quarterly: You need to be looking at links. It's just a big enough issue that you've got to look at it every couple of months, a complete link analysis.
Monthly: You should be looking at your crawls. Moz will do that every week for you, but you should give your customers an idea, over the course of a month, what's changed.
Weekly: You should be doing rankings
Tumblr media
But there are three things that, when you do all of these types of analysis, you need to keep in mind. Each one of them is a...
Report
Hours for consulting
Phone call
This might seem like a little bit of overkill. But of course, if one of these comes back and nothing changed, you don't need to do the phone call, but each one of these represents additional money in your pocket and importantly better service for your customers.
It might seem hard to believe that when you go to a customer and you tell them, "Look, nothing's changed," that you're actually giving them value, but the truth is that if you go to the dentist and he tells you, you don't have a cavity, that's good news. You shouldn't say to yourself at the end of the day, "Why'd I go to the dentist in the first place?" You should say, "I'm so glad I went to the dentist." By that same positive outlook, you should be selling to your customers over and over and over again, hoping to give them the clarity they need to succeed.
3. Tool up!
So number three, you're going to see this a lot in my videos because I just love SEO tools, but you've got to tool up. Once you've raised prices and you're making more money with your customers, you actually can. Tools are superpowers. Tools allow you to do things that humans just can't do. Like I can't figure out the link graph on my own. I need tools to do it. But tools can do so much more than just auditing existing clients. For example, they can give you...
Better leads:
You can use tools to find opportunities.Take for example the tools within Moz and you want to find other car dealerships in the area that are really good and have an opportunity to rank, but aren't doing as well as they should be in SERPs. You want to do this because you've already serviced successfully a different car dealership. Well, tools like Moz can do that. You don't just have to use Moz to help your clients. You can use them to help yourself.
Better pre-audits:
Nobody walks into a sales call blind. You know who the website is. So you just start with a great pre-audit.
Faster workflows:
Which means you make more money quicker. If you can do your keyword analysis annually in half the time because you have the right tool for it, then you're going to make far more money and be able to serve more customers.
Bulk pricing:
This one is just mind-blowingly simple. It's bulk pricing. Every tool out there, the more you buy from them, the lower the price is. I remember at my old company sitting down at one point and recognizing that every customer that came in the door would need to spend about $1,000 on individual accounts to match what they were getting through us by being able to take advantage of the bulk discounts that we were getting as an agency by buying these seats on behalf of all of our customers.
So tell your clients when you're talking to them on the phone, in the pitch be like, "Look, we use Moz, Majestic, Ahrefs, SEMrush," list off all of the competitors. "We do Screaming Frog." Just name them all and say, "If you wanted to go out and just get the data yourself from these tools, it would cost you more than we're actually charging you." The tools can sell themselves. You are saving them money.
Tumblr media
4. Just say NO
Now, the last section, real quickly, are the things you've just got to learn to say no to. One of them has a little nuance to it. There's going to be some bite back in the comments, I'm pretty sure, but I want to be careful with it.
No month-to-month contracts
The first thing to say no to is month-to-month contracts.
Tumblr media
If a customer comes to you and they say, "Look, we want to do SEO, but we want to be able to cancel every 30 days." the reality is this. They're not interested in investing in SEO. They're interested in dabbling in SEO. They're interested in experimenting with SEO. Well, that's not going to succeed. It's only going to take one competitor or two who actually invest in it to beat them out, and when they beat them out, you're going to look bad and they're going to cancel their account with you. So sit down with them and explain to them that it is a long-term strategy and it's just not worth it to your company to bring on customers who aren't interested in investing in SEO. Say it politely, but just turn it away.
Don't turn anything away
Tumblr media
Now, notice that my next thing is don't turn anything away. So here's something careful. Here's the nuance. It's really important to learn to fire clients who are bad for your business, where you're losing money on them or they're just impolite, but that doesn't mean you have to turn them away. You just need to turn them in the right direction. That right direction might be tools themselves. You can say, "Look, you don't really need our consulting hours. You should go use these tools." Or you can turn them to other fledgling businesses, friends you have in the industry who might be struggling at this time.
I'll tell you a quick example. We don't have much time, but many, many years ago, we had a client that came to us. At our old company, we had a couple of rules about who we would work with. We chose not to work in the adult industry. But at the time, I had a friend in the industry. He lived outside of the United States, and he had fallen on hard times. He literally had his business taken away from him via a series of just really unscrupulous events. I picked up the phone and gave him a call. I didn't turn away the customer. I turned them over to this individual.
That very next year, he had ended up landing a new job at the top of one of the largest gambling organizations in the world. Well, frankly, they weren't on our list of people we couldn't work with. We landed the largest contract in the history of our company at that time, and it set our company straight for an entire year. It was just because instead of turning away the client, we turned them to a different direction. So you've got to say no to turning away everybody. They are opportunities. They might not be your opportunity, but they're someone's.
No service creep
Tumblr media
The last one is service creep. Oh, man, this one is hard. A customer comes up to you and they list off three things that you offer that they want, and then they say, "Oh, yeah, we need social media management." Somebody else comes up to you, three things you want to offer, and they say, "Oh yeah, we need you to write content," and that's not something you do. You've just got to not do that. You've got to learn to shave off services that you can't offer. Instead, turn them over to people who can do them and do them very well.
What you're going to end up doing in your conversation, your sales pitch is, "Look, I'm going to be honest with you. We are great at some things, but this isn't our cup of tea. We know someone who's really great at it." That honesty, that candidness is just going to give them such a better relationship with you, and it's going to build a stronger relationship with those other specialty companies who are going to send business your way. So it's really important to learn to say no to say no service creep.
Well, anyway, there's a lot that we went over there. I hope it wasn't too much too fast, but hopefully we can talk more about it in the comments. I look forward to seeing you there. Thanks.
Video transcription by Speechpad.com
Ready for more?
You'll uncover even more SEO goodness in the MozCon 2020 video bundle. At this year's special low price of $129, this is invaluable content you can access again and again throughout the year to inspire and ignite your SEO strategy:
21 full-length videos from some of the brightest minds in digital marketing
Instant downloads and streaming to your computer, tablet, or mobile device
Downloadable slide decks for presentations
Get my MozCon 2020 video bundle
Sign up for The Moz Top 10, a semimonthly mailer updating you on the top ten hottest pieces of SEO news, tips, and rad links uncovered by the Moz team. Think of it as your exclusive digest of stuff you don't have time to hunt down but want to read!
0 notes
xaydungtruonggia · 4 years
Text
Let's Make Money: 4 Tactics for Agencies Looking to Succeed – Best of Whiteboard Friday
Posted by rjonesx.
We spend a lot of time discussing SEO tactics, but in a constantly changing industry and especially in times of uncertainty, the strategies agencies should employ in order to see success deserve more attention. In this popular (and still relevant) Whiteboard Friday, Russ Jones discusses four essential success tactics that'll ultimately increase your bottom line.  Russ also delved into the topic of profitability in his MozCon Virtual presentation this year. To watch his and our other amazing speaker presentations, you can purchase access to the 2020 video bundle here.  
Tumblr media
Click on the whiteboard image above to open a high-resolution version in a new tab!
Video Transcription
Howdy, Moz fans. I am Russ Jones, and I can't tell you how excited I am for my first Whiteboard Friday. I am Principal Search Scientist here at Moz. But before coming to Moz, for the 10 years prior to that, I was the Chief Technology Officer of a small SEO agency back in North Carolina. So I have a strong passion for agencies and consultants who are on the ground doing the work, helping websites rank better and helping build businesses.
So what I wanted to do today was spend a little bit of time talking about the lessons that I learned at an agency that admittedly I only learned through trial and error. But before we even go further, I just wanted to thank the folks at Hive Digital who I learned so much from, Jeff and Jake and Malcolm and Ryan, because the team effort over time is what ended up building an agency. Any agency that succeeds knows that that's part of it. So we'll start with that thank-you.
But what I really want to get into is that we spend a lot of time talking about SEO tactics, but not really about how to succeed in an industry that changes rapidly, in which there's almost no certification, and where it can be difficult to explain to customers exactly how they're going to be successful with what you offer. So what I'm going to do is break down four really important rules that I learned over the course of that 10 years. We're going to go through each one of them as quickly as possible, but at the same time, hopefully you'll walk away with some good ideas. Some of these are ones that it might at first feel a little bit awkward, but just follow me.
1. Raise prices
The first rule, number one in Let's Make Money is raise your prices. Now, I remember quite clearly two years in to my job at Hive Digital — it was called Virante then — and we were talking about raising prices. We were just looking at our customers, saying to ourselves, "There's no way they can afford it." But then luckily we had the foresight that there was more to raising prices than just charging your customers more.
How it benefits old customers
The first thing that just hit us automatically was... "Well, with our old customers, we can just discount them. It's not that bad. We're in the same place as we always were." But then it occurred to us, "Wait, wait, wait. If we discount our customers, then we're actually increasing our perceived value." Our existing customers now think, "Hey, they're actually selling something better that's more expensive, but I'm getting a deal," and by offering them that deal because of their loyalty, you engender more loyalty. So it can actually be good for old customers.
How it benefits new customers
Now, for new customers, once again, same sort of situation. You've increased the perceived value. So your customers who come to you think, "Oh, this company is professional. This company is willing to invest. This company is interested in providing the highest quality of services." In reality, because you've raised prices, you can. You can spend more time and money on each customer and actually do a better job. The third part is, "What's the worst that could happen?" If they say no, you offer them the discount. You're back where you started. You're in the same position that you were before.
How it benefits your workers
Now, here's where it really matters — your employees, your workers. If you are offering bottom line prices, you can't offer them raises, you can't offer them training, you can't hire them help, or you can't get better workers. But if you do, if you raise prices, the whole ecosystem that is your agency will do better.
How it improves your resources
Tumblr media
Finally, and most importantly, which we'll talk a little bit more later, is that you can finally tool up. You can get the resources and capital that you need to actually succeed. I drew this kind of out.
Tumblr media
If we have a graph of quality of services that you offer and the price that you sell at, most agencies think that they're offering great quality at a little price, but the reality is you're probably down here. You're probably under-selling your services and, because of that, you can't offer the best that you can.
You should be up here. You should be offering higher quality, your experts who spend time all day studying this, and raising prices allows you to do that.
2. Schedule
Now, raising prices is only part one. The second thing is discipline, and I am really horrible about this. The reality is that I'm the kind of guy who looks for the latest and greatest and just jumps into it, but schedule matters. As hard as it is to admit it, I learned this from the CPC folks because they know that they have to stay on top of it every day of the week.
Well, here's something that we kind of came up with as I was leaving the company, and that was to set all of our customers as much as possible into a schedule.
Annually: we would handle keywords and competitors doing complete analysis.
Semi-annually: Twice a year, we would do content analysis. What should you be writing about? What's changed in your industry? What are different keywords that you might be able to target now given additional resources?
Quarterly: You need to be looking at links. It's just a big enough issue that you've got to look at it every couple of months, a complete link analysis.
Monthly: You should be looking at your crawls. Moz will do that every week for you, but you should give your customers an idea, over the course of a month, what's changed.
Weekly: You should be doing rankings
Tumblr media
But there are three things that, when you do all of these types of analysis, you need to keep in mind. Each one of them is a...
Report
Hours for consulting
Phone call
This might seem like a little bit of overkill. But of course, if one of these comes back and nothing changed, you don't need to do the phone call, but each one of these represents additional money in your pocket and importantly better service for your customers.
It might seem hard to believe that when you go to a customer and you tell them, "Look, nothing's changed," that you're actually giving them value, but the truth is that if you go to the dentist and he tells you, you don't have a cavity, that's good news. You shouldn't say to yourself at the end of the day, "Why'd I go to the dentist in the first place?" You should say, "I'm so glad I went to the dentist." By that same positive outlook, you should be selling to your customers over and over and over again, hoping to give them the clarity they need to succeed.
3. Tool up!
So number three, you're going to see this a lot in my videos because I just love SEO tools, but you've got to tool up. Once you've raised prices and you're making more money with your customers, you actually can. Tools are superpowers. Tools allow you to do things that humans just can't do. Like I can't figure out the link graph on my own. I need tools to do it. But tools can do so much more than just auditing existing clients. For example, they can give you...
Better leads:
You can use tools to find opportunities.Take for example the tools within Moz and you want to find other car dealerships in the area that are really good and have an opportunity to rank, but aren't doing as well as they should be in SERPs. You want to do this because you've already serviced successfully a different car dealership. Well, tools like Moz can do that. You don't just have to use Moz to help your clients. You can use them to help yourself.
Better pre-audits:
Nobody walks into a sales call blind. You know who the website is. So you just start with a great pre-audit.
Faster workflows:
Which means you make more money quicker. If you can do your keyword analysis annually in half the time because you have the right tool for it, then you're going to make far more money and be able to serve more customers.
Bulk pricing:
This one is just mind-blowingly simple. It's bulk pricing. Every tool out there, the more you buy from them, the lower the price is. I remember at my old company sitting down at one point and recognizing that every customer that came in the door would need to spend about $1,000 on individual accounts to match what they were getting through us by being able to take advantage of the bulk discounts that we were getting as an agency by buying these seats on behalf of all of our customers.
So tell your clients when you're talking to them on the phone, in the pitch be like, "Look, we use Moz, Majestic, Ahrefs, SEMrush," list off all of the competitors. "We do Screaming Frog." Just name them all and say, "If you wanted to go out and just get the data yourself from these tools, it would cost you more than we're actually charging you." The tools can sell themselves. You are saving them money.
Tumblr media
4. Just say NO
Now, the last section, real quickly, are the things you've just got to learn to say no to. One of them has a little nuance to it. There's going to be some bite back in the comments, I'm pretty sure, but I want to be careful with it.
No month-to-month contracts
The first thing to say no to is month-to-month contracts.
Tumblr media
If a customer comes to you and they say, "Look, we want to do SEO, but we want to be able to cancel every 30 days." the reality is this. They're not interested in investing in SEO. They're interested in dabbling in SEO. They're interested in experimenting with SEO. Well, that's not going to succeed. It's only going to take one competitor or two who actually invest in it to beat them out, and when they beat them out, you're going to look bad and they're going to cancel their account with you. So sit down with them and explain to them that it is a long-term strategy and it's just not worth it to your company to bring on customers who aren't interested in investing in SEO. Say it politely, but just turn it away.
Don't turn anything away
Tumblr media
Now, notice that my next thing is don't turn anything away. So here's something careful. Here's the nuance. It's really important to learn to fire clients who are bad for your business, where you're losing money on them or they're just impolite, but that doesn't mean you have to turn them away. You just need to turn them in the right direction. That right direction might be tools themselves. You can say, "Look, you don't really need our consulting hours. You should go use these tools." Or you can turn them to other fledgling businesses, friends you have in the industry who might be struggling at this time.
I'll tell you a quick example. We don't have much time, but many, many years ago, we had a client that came to us. At our old company, we had a couple of rules about who we would work with. We chose not to work in the adult industry. But at the time, I had a friend in the industry. He lived outside of the United States, and he had fallen on hard times. He literally had his business taken away from him via a series of just really unscrupulous events. I picked up the phone and gave him a call. I didn't turn away the customer. I turned them over to this individual.
That very next year, he had ended up landing a new job at the top of one of the largest gambling organizations in the world. Well, frankly, they weren't on our list of people we couldn't work with. We landed the largest contract in the history of our company at that time, and it set our company straight for an entire year. It was just because instead of turning away the client, we turned them to a different direction. So you've got to say no to turning away everybody. They are opportunities. They might not be your opportunity, but they're someone's.
No service creep
Tumblr media
The last one is service creep. Oh, man, this one is hard. A customer comes up to you and they list off three things that you offer that they want, and then they say, "Oh, yeah, we need social media management." Somebody else comes up to you, three things you want to offer, and they say, "Oh yeah, we need you to write content," and that's not something you do. You've just got to not do that. You've got to learn to shave off services that you can't offer. Instead, turn them over to people who can do them and do them very well.
What you're going to end up doing in your conversation, your sales pitch is, "Look, I'm going to be honest with you. We are great at some things, but this isn't our cup of tea. We know someone who's really great at it." That honesty, that candidness is just going to give them such a better relationship with you, and it's going to build a stronger relationship with those other specialty companies who are going to send business your way. So it's really important to learn to say no to say no service creep.
Well, anyway, there's a lot that we went over there. I hope it wasn't too much too fast, but hopefully we can talk more about it in the comments. I look forward to seeing you there. Thanks.
Video transcription by Speechpad.com
Ready for more?
You'll uncover even more SEO goodness in the MozCon 2020 video bundle. At this year's special low price of $129, this is invaluable content you can access again and again throughout the year to inspire and ignite your SEO strategy:
21 full-length videos from some of the brightest minds in digital marketing
Instant downloads and streaming to your computer, tablet, or mobile device
Downloadable slide decks for presentations
Get my MozCon 2020 video bundle
Sign up for The Moz Top 10, a semimonthly mailer updating you on the top ten hottest pieces of SEO news, tips, and rad links uncovered by the Moz team. Think of it as your exclusive digest of stuff you don't have time to hunt down but want to read!
0 notes
ductrungnguyen87 · 4 years
Text
Let's Make Money: 4 Tactics for Agencies Looking to Succeed – Best of Whiteboard Friday
Posted by rjonesx.
We spend a lot of time discussing SEO tactics, but in a constantly changing industry and especially in times of uncertainty, the strategies agencies should employ in order to see success deserve more attention. In this popular (and still relevant) Whiteboard Friday, Russ Jones discusses four essential success tactics that'll ultimately increase your bottom line.  Russ also delved into the topic of profitability in his MozCon Virtual presentation this year. To watch his and our other amazing speaker presentations, you can purchase access to the 2020 video bundle here.  
Tumblr media
Click on the whiteboard image above to open a high-resolution version in a new tab!
Video Transcription
Howdy, Moz fans. I am Russ Jones, and I can't tell you how excited I am for my first Whiteboard Friday. I am Principal Search Scientist here at Moz. But before coming to Moz, for the 10 years prior to that, I was the Chief Technology Officer of a small SEO agency back in North Carolina. So I have a strong passion for agencies and consultants who are on the ground doing the work, helping websites rank better and helping build businesses.
So what I wanted to do today was spend a little bit of time talking about the lessons that I learned at an agency that admittedly I only learned through trial and error. But before we even go further, I just wanted to thank the folks at Hive Digital who I learned so much from, Jeff and Jake and Malcolm and Ryan, because the team effort over time is what ended up building an agency. Any agency that succeeds knows that that's part of it. So we'll start with that thank-you.
But what I really want to get into is that we spend a lot of time talking about SEO tactics, but not really about how to succeed in an industry that changes rapidly, in which there's almost no certification, and where it can be difficult to explain to customers exactly how they're going to be successful with what you offer. So what I'm going to do is break down four really important rules that I learned over the course of that 10 years. We're going to go through each one of them as quickly as possible, but at the same time, hopefully you'll walk away with some good ideas. Some of these are ones that it might at first feel a little bit awkward, but just follow me.
1. Raise prices
The first rule, number one in Let's Make Money is raise your prices. Now, I remember quite clearly two years in to my job at Hive Digital — it was called Virante then — and we were talking about raising prices. We were just looking at our customers, saying to ourselves, "There's no way they can afford it." But then luckily we had the foresight that there was more to raising prices than just charging your customers more.
How it benefits old customers
The first thing that just hit us automatically was... "Well, with our old customers, we can just discount them. It's not that bad. We're in the same place as we always were." But then it occurred to us, "Wait, wait, wait. If we discount our customers, then we're actually increasing our perceived value." Our existing customers now think, "Hey, they're actually selling something better that's more expensive, but I'm getting a deal," and by offering them that deal because of their loyalty, you engender more loyalty. So it can actually be good for old customers.
How it benefits new customers
Now, for new customers, once again, same sort of situation. You've increased the perceived value. So your customers who come to you think, "Oh, this company is professional. This company is willing to invest. This company is interested in providing the highest quality of services." In reality, because you've raised prices, you can. You can spend more time and money on each customer and actually do a better job. The third part is, "What's the worst that could happen?" If they say no, you offer them the discount. You're back where you started. You're in the same position that you were before.
How it benefits your workers
Now, here's where it really matters — your employees, your workers. If you are offering bottom line prices, you can't offer them raises, you can't offer them training, you can't hire them help, or you can't get better workers. But if you do, if you raise prices, the whole ecosystem that is your agency will do better.
How it improves your resources
Tumblr media
Finally, and most importantly, which we'll talk a little bit more later, is that you can finally tool up. You can get the resources and capital that you need to actually succeed. I drew this kind of out.
Tumblr media
If we have a graph of quality of services that you offer and the price that you sell at, most agencies think that they're offering great quality at a little price, but the reality is you're probably down here. You're probably under-selling your services and, because of that, you can't offer the best that you can.
You should be up here. You should be offering higher quality, your experts who spend time all day studying this, and raising prices allows you to do that.
2. Schedule
Now, raising prices is only part one. The second thing is discipline, and I am really horrible about this. The reality is that I'm the kind of guy who looks for the latest and greatest and just jumps into it, but schedule matters. As hard as it is to admit it, I learned this from the CPC folks because they know that they have to stay on top of it every day of the week.
Well, here's something that we kind of came up with as I was leaving the company, and that was to set all of our customers as much as possible into a schedule.
Annually: we would handle keywords and competitors doing complete analysis.
Semi-annually: Twice a year, we would do content analysis. What should you be writing about? What's changed in your industry? What are different keywords that you might be able to target now given additional resources?
Quarterly: You need to be looking at links. It's just a big enough issue that you've got to look at it every couple of months, a complete link analysis.
Monthly: You should be looking at your crawls. Moz will do that every week for you, but you should give your customers an idea, over the course of a month, what's changed.
Weekly: You should be doing rankings
Tumblr media
But there are three things that, when you do all of these types of analysis, you need to keep in mind. Each one of them is a...
Report
Hours for consulting
Phone call
This might seem like a little bit of overkill. But of course, if one of these comes back and nothing changed, you don't need to do the phone call, but each one of these represents additional money in your pocket and importantly better service for your customers.
It might seem hard to believe that when you go to a customer and you tell them, "Look, nothing's changed," that you're actually giving them value, but the truth is that if you go to the dentist and he tells you, you don't have a cavity, that's good news. You shouldn't say to yourself at the end of the day, "Why'd I go to the dentist in the first place?" You should say, "I'm so glad I went to the dentist." By that same positive outlook, you should be selling to your customers over and over and over again, hoping to give them the clarity they need to succeed.
3. Tool up!
So number three, you're going to see this a lot in my videos because I just love SEO tools, but you've got to tool up. Once you've raised prices and you're making more money with your customers, you actually can. Tools are superpowers. Tools allow you to do things that humans just can't do. Like I can't figure out the link graph on my own. I need tools to do it. But tools can do so much more than just auditing existing clients. For example, they can give you...
Better leads:
You can use tools to find opportunities.Take for example the tools within Moz and you want to find other car dealerships in the area that are really good and have an opportunity to rank, but aren't doing as well as they should be in SERPs. You want to do this because you've already serviced successfully a different car dealership. Well, tools like Moz can do that. You don't just have to use Moz to help your clients. You can use them to help yourself.
Better pre-audits:
Nobody walks into a sales call blind. You know who the website is. So you just start with a great pre-audit.
Faster workflows:
Which means you make more money quicker. If you can do your keyword analysis annually in half the time because you have the right tool for it, then you're going to make far more money and be able to serve more customers.
Bulk pricing:
This one is just mind-blowingly simple. It's bulk pricing. Every tool out there, the more you buy from them, the lower the price is. I remember at my old company sitting down at one point and recognizing that every customer that came in the door would need to spend about $1,000 on individual accounts to match what they were getting through us by being able to take advantage of the bulk discounts that we were getting as an agency by buying these seats on behalf of all of our customers.
So tell your clients when you're talking to them on the phone, in the pitch be like, "Look, we use Moz, Majestic, Ahrefs, SEMrush," list off all of the competitors. "We do Screaming Frog." Just name them all and say, "If you wanted to go out and just get the data yourself from these tools, it would cost you more than we're actually charging you." The tools can sell themselves. You are saving them money.
Tumblr media
4. Just say NO
Now, the last section, real quickly, are the things you've just got to learn to say no to. One of them has a little nuance to it. There's going to be some bite back in the comments, I'm pretty sure, but I want to be careful with it.
No month-to-month contracts
The first thing to say no to is month-to-month contracts.
Tumblr media
If a customer comes to you and they say, "Look, we want to do SEO, but we want to be able to cancel every 30 days." the reality is this. They're not interested in investing in SEO. They're interested in dabbling in SEO. They're interested in experimenting with SEO. Well, that's not going to succeed. It's only going to take one competitor or two who actually invest in it to beat them out, and when they beat them out, you're going to look bad and they're going to cancel their account with you. So sit down with them and explain to them that it is a long-term strategy and it's just not worth it to your company to bring on customers who aren't interested in investing in SEO. Say it politely, but just turn it away.
Don't turn anything away
Tumblr media
Now, notice that my next thing is don't turn anything away. So here's something careful. Here's the nuance. It's really important to learn to fire clients who are bad for your business, where you're losing money on them or they're just impolite, but that doesn't mean you have to turn them away. You just need to turn them in the right direction. That right direction might be tools themselves. You can say, "Look, you don't really need our consulting hours. You should go use these tools." Or you can turn them to other fledgling businesses, friends you have in the industry who might be struggling at this time.
I'll tell you a quick example. We don't have much time, but many, many years ago, we had a client that came to us. At our old company, we had a couple of rules about who we would work with. We chose not to work in the adult industry. But at the time, I had a friend in the industry. He lived outside of the United States, and he had fallen on hard times. He literally had his business taken away from him via a series of just really unscrupulous events. I picked up the phone and gave him a call. I didn't turn away the customer. I turned them over to this individual.
That very next year, he had ended up landing a new job at the top of one of the largest gambling organizations in the world. Well, frankly, they weren't on our list of people we couldn't work with. We landed the largest contract in the history of our company at that time, and it set our company straight for an entire year. It was just because instead of turning away the client, we turned them to a different direction. So you've got to say no to turning away everybody. They are opportunities. They might not be your opportunity, but they're someone's.
No service creep
Tumblr media
The last one is service creep. Oh, man, this one is hard. A customer comes up to you and they list off three things that you offer that they want, and then they say, "Oh, yeah, we need social media management." Somebody else comes up to you, three things you want to offer, and they say, "Oh yeah, we need you to write content," and that's not something you do. You've just got to not do that. You've got to learn to shave off services that you can't offer. Instead, turn them over to people who can do them and do them very well.
What you're going to end up doing in your conversation, your sales pitch is, "Look, I'm going to be honest with you. We are great at some things, but this isn't our cup of tea. We know someone who's really great at it." That honesty, that candidness is just going to give them such a better relationship with you, and it's going to build a stronger relationship with those other specialty companies who are going to send business your way. So it's really important to learn to say no to say no service creep.
Well, anyway, there's a lot that we went over there. I hope it wasn't too much too fast, but hopefully we can talk more about it in the comments. I look forward to seeing you there. Thanks.
Video transcription by Speechpad.com
Ready for more?
You'll uncover even more SEO goodness in the MozCon 2020 video bundle. At this year's special low price of $129, this is invaluable content you can access again and again throughout the year to inspire and ignite your SEO strategy:
21 full-length videos from some of the brightest minds in digital marketing
Instant downloads and streaming to your computer, tablet, or mobile device
Downloadable slide decks for presentations
Get my MozCon 2020 video bundle
Sign up for The Moz Top 10, a semimonthly mailer updating you on the top ten hottest pieces of SEO news, tips, and rad links uncovered by the Moz team. Think of it as your exclusive digest of stuff you don't have time to hunt down but want to read!
0 notes
camerasieunhovn · 4 years
Text
Let's Make Money: 4 Tactics for Agencies Looking to Succeed – Best of Whiteboard Friday
Posted by rjonesx.
We spend a lot of time discussing SEO tactics, but in a constantly changing industry and especially in times of uncertainty, the strategies agencies should employ in order to see success deserve more attention. In this popular (and still relevant) Whiteboard Friday, Russ Jones discusses four essential success tactics that'll ultimately increase your bottom line.  Russ also delved into the topic of profitability in his MozCon Virtual presentation this year. To watch his and our other amazing speaker presentations, you can purchase access to the 2020 video bundle here.  
Tumblr media
Click on the whiteboard image above to open a high-resolution version in a new tab!
Video Transcription
Howdy, Moz fans. I am Russ Jones, and I can't tell you how excited I am for my first Whiteboard Friday. I am Principal Search Scientist here at Moz. But before coming to Moz, for the 10 years prior to that, I was the Chief Technology Officer of a small SEO agency back in North Carolina. So I have a strong passion for agencies and consultants who are on the ground doing the work, helping websites rank better and helping build businesses.
So what I wanted to do today was spend a little bit of time talking about the lessons that I learned at an agency that admittedly I only learned through trial and error. But before we even go further, I just wanted to thank the folks at Hive Digital who I learned so much from, Jeff and Jake and Malcolm and Ryan, because the team effort over time is what ended up building an agency. Any agency that succeeds knows that that's part of it. So we'll start with that thank-you.
But what I really want to get into is that we spend a lot of time talking about SEO tactics, but not really about how to succeed in an industry that changes rapidly, in which there's almost no certification, and where it can be difficult to explain to customers exactly how they're going to be successful with what you offer. So what I'm going to do is break down four really important rules that I learned over the course of that 10 years. We're going to go through each one of them as quickly as possible, but at the same time, hopefully you'll walk away with some good ideas. Some of these are ones that it might at first feel a little bit awkward, but just follow me.
1. Raise prices
The first rule, number one in Let's Make Money is raise your prices. Now, I remember quite clearly two years in to my job at Hive Digital — it was called Virante then — and we were talking about raising prices. We were just looking at our customers, saying to ourselves, "There's no way they can afford it." But then luckily we had the foresight that there was more to raising prices than just charging your customers more.
How it benefits old customers
The first thing that just hit us automatically was... "Well, with our old customers, we can just discount them. It's not that bad. We're in the same place as we always were." But then it occurred to us, "Wait, wait, wait. If we discount our customers, then we're actually increasing our perceived value." Our existing customers now think, "Hey, they're actually selling something better that's more expensive, but I'm getting a deal," and by offering them that deal because of their loyalty, you engender more loyalty. So it can actually be good for old customers.
How it benefits new customers
Now, for new customers, once again, same sort of situation. You've increased the perceived value. So your customers who come to you think, "Oh, this company is professional. This company is willing to invest. This company is interested in providing the highest quality of services." In reality, because you've raised prices, you can. You can spend more time and money on each customer and actually do a better job. The third part is, "What's the worst that could happen?" If they say no, you offer them the discount. You're back where you started. You're in the same position that you were before.
How it benefits your workers
Now, here's where it really matters — your employees, your workers. If you are offering bottom line prices, you can't offer them raises, you can't offer them training, you can't hire them help, or you can't get better workers. But if you do, if you raise prices, the whole ecosystem that is your agency will do better.
How it improves your resources
Tumblr media
Finally, and most importantly, which we'll talk a little bit more later, is that you can finally tool up. You can get the resources and capital that you need to actually succeed. I drew this kind of out.
Tumblr media
If we have a graph of quality of services that you offer and the price that you sell at, most agencies think that they're offering great quality at a little price, but the reality is you're probably down here. You're probably under-selling your services and, because of that, you can't offer the best that you can.
You should be up here. You should be offering higher quality, your experts who spend time all day studying this, and raising prices allows you to do that.
2. Schedule
Now, raising prices is only part one. The second thing is discipline, and I am really horrible about this. The reality is that I'm the kind of guy who looks for the latest and greatest and just jumps into it, but schedule matters. As hard as it is to admit it, I learned this from the CPC folks because they know that they have to stay on top of it every day of the week.
Well, here's something that we kind of came up with as I was leaving the company, and that was to set all of our customers as much as possible into a schedule.
Annually: we would handle keywords and competitors doing complete analysis.
Semi-annually: Twice a year, we would do content analysis. What should you be writing about? What's changed in your industry? What are different keywords that you might be able to target now given additional resources?
Quarterly: You need to be looking at links. It's just a big enough issue that you've got to look at it every couple of months, a complete link analysis.
Monthly: You should be looking at your crawls. Moz will do that every week for you, but you should give your customers an idea, over the course of a month, what's changed.
Weekly: You should be doing rankings
Tumblr media
But there are three things that, when you do all of these types of analysis, you need to keep in mind. Each one of them is a...
Report
Hours for consulting
Phone call
This might seem like a little bit of overkill. But of course, if one of these comes back and nothing changed, you don't need to do the phone call, but each one of these represents additional money in your pocket and importantly better service for your customers.
It might seem hard to believe that when you go to a customer and you tell them, "Look, nothing's changed," that you're actually giving them value, but the truth is that if you go to the dentist and he tells you, you don't have a cavity, that's good news. You shouldn't say to yourself at the end of the day, "Why'd I go to the dentist in the first place?" You should say, "I'm so glad I went to the dentist." By that same positive outlook, you should be selling to your customers over and over and over again, hoping to give them the clarity they need to succeed.
3. Tool up!
So number three, you're going to see this a lot in my videos because I just love SEO tools, but you've got to tool up. Once you've raised prices and you're making more money with your customers, you actually can. Tools are superpowers. Tools allow you to do things that humans just can't do. Like I can't figure out the link graph on my own. I need tools to do it. But tools can do so much more than just auditing existing clients. For example, they can give you...
Better leads:
You can use tools to find opportunities.Take for example the tools within Moz and you want to find other car dealerships in the area that are really good and have an opportunity to rank, but aren't doing as well as they should be in SERPs. You want to do this because you've already serviced successfully a different car dealership. Well, tools like Moz can do that. You don't just have to use Moz to help your clients. You can use them to help yourself.
Better pre-audits:
Nobody walks into a sales call blind. You know who the website is. So you just start with a great pre-audit.
Faster workflows:
Which means you make more money quicker. If you can do your keyword analysis annually in half the time because you have the right tool for it, then you're going to make far more money and be able to serve more customers.
Bulk pricing:
This one is just mind-blowingly simple. It's bulk pricing. Every tool out there, the more you buy from them, the lower the price is. I remember at my old company sitting down at one point and recognizing that every customer that came in the door would need to spend about $1,000 on individual accounts to match what they were getting through us by being able to take advantage of the bulk discounts that we were getting as an agency by buying these seats on behalf of all of our customers.
So tell your clients when you're talking to them on the phone, in the pitch be like, "Look, we use Moz, Majestic, Ahrefs, SEMrush," list off all of the competitors. "We do Screaming Frog." Just name them all and say, "If you wanted to go out and just get the data yourself from these tools, it would cost you more than we're actually charging you." The tools can sell themselves. You are saving them money.
Tumblr media
4. Just say NO
Now, the last section, real quickly, are the things you've just got to learn to say no to. One of them has a little nuance to it. There's going to be some bite back in the comments, I'm pretty sure, but I want to be careful with it.
No month-to-month contracts
The first thing to say no to is month-to-month contracts.
Tumblr media
If a customer comes to you and they say, "Look, we want to do SEO, but we want to be able to cancel every 30 days." the reality is this. They're not interested in investing in SEO. They're interested in dabbling in SEO. They're interested in experimenting with SEO. Well, that's not going to succeed. It's only going to take one competitor or two who actually invest in it to beat them out, and when they beat them out, you're going to look bad and they're going to cancel their account with you. So sit down with them and explain to them that it is a long-term strategy and it's just not worth it to your company to bring on customers who aren't interested in investing in SEO. Say it politely, but just turn it away.
Don't turn anything away
Tumblr media
Now, notice that my next thing is don't turn anything away. So here's something careful. Here's the nuance. It's really important to learn to fire clients who are bad for your business, where you're losing money on them or they're just impolite, but that doesn't mean you have to turn them away. You just need to turn them in the right direction. That right direction might be tools themselves. You can say, "Look, you don't really need our consulting hours. You should go use these tools." Or you can turn them to other fledgling businesses, friends you have in the industry who might be struggling at this time.
I'll tell you a quick example. We don't have much time, but many, many years ago, we had a client that came to us. At our old company, we had a couple of rules about who we would work with. We chose not to work in the adult industry. But at the time, I had a friend in the industry. He lived outside of the United States, and he had fallen on hard times. He literally had his business taken away from him via a series of just really unscrupulous events. I picked up the phone and gave him a call. I didn't turn away the customer. I turned them over to this individual.
That very next year, he had ended up landing a new job at the top of one of the largest gambling organizations in the world. Well, frankly, they weren't on our list of people we couldn't work with. We landed the largest contract in the history of our company at that time, and it set our company straight for an entire year. It was just because instead of turning away the client, we turned them to a different direction. So you've got to say no to turning away everybody. They are opportunities. They might not be your opportunity, but they're someone's.
No service creep
Tumblr media
The last one is service creep. Oh, man, this one is hard. A customer comes up to you and they list off three things that you offer that they want, and then they say, "Oh, yeah, we need social media management." Somebody else comes up to you, three things you want to offer, and they say, "Oh yeah, we need you to write content," and that's not something you do. You've just got to not do that. You've got to learn to shave off services that you can't offer. Instead, turn them over to people who can do them and do them very well.
What you're going to end up doing in your conversation, your sales pitch is, "Look, I'm going to be honest with you. We are great at some things, but this isn't our cup of tea. We know someone who's really great at it." That honesty, that candidness is just going to give them such a better relationship with you, and it's going to build a stronger relationship with those other specialty companies who are going to send business your way. So it's really important to learn to say no to say no service creep.
Well, anyway, there's a lot that we went over there. I hope it wasn't too much too fast, but hopefully we can talk more about it in the comments. I look forward to seeing you there. Thanks.
Video transcription by Speechpad.com
Ready for more?
You'll uncover even more SEO goodness in the MozCon 2020 video bundle. At this year's special low price of $129, this is invaluable content you can access again and again throughout the year to inspire and ignite your SEO strategy:
21 full-length videos from some of the brightest minds in digital marketing
Instant downloads and streaming to your computer, tablet, or mobile device
Downloadable slide decks for presentations
Get my MozCon 2020 video bundle
Sign up for The Moz Top 10, a semimonthly mailer updating you on the top ten hottest pieces of SEO news, tips, and rad links uncovered by the Moz team. Think of it as your exclusive digest of stuff you don't have time to hunt down but want to read!
0 notes
gamebazu · 4 years
Text
Let's Make Money: 4 Tactics for Agencies Looking to Succeed – Best of Whiteboard Friday
Posted by rjonesx.
We spend a lot of time discussing SEO tactics, but in a constantly changing industry and especially in times of uncertainty, the strategies agencies should employ in order to see success deserve more attention. In this popular (and still relevant) Whiteboard Friday, Russ Jones discusses four essential success tactics that'll ultimately increase your bottom line.  Russ also delved into the topic of profitability in his MozCon Virtual presentation this year. To watch his and our other amazing speaker presentations, you can purchase access to the 2020 video bundle here.  
Tumblr media
Click on the whiteboard image above to open a high-resolution version in a new tab!
Video Transcription
Howdy, Moz fans. I am Russ Jones, and I can't tell you how excited I am for my first Whiteboard Friday. I am Principal Search Scientist here at Moz. But before coming to Moz, for the 10 years prior to that, I was the Chief Technology Officer of a small SEO agency back in North Carolina. So I have a strong passion for agencies and consultants who are on the ground doing the work, helping websites rank better and helping build businesses.
So what I wanted to do today was spend a little bit of time talking about the lessons that I learned at an agency that admittedly I only learned through trial and error. But before we even go further, I just wanted to thank the folks at Hive Digital who I learned so much from, Jeff and Jake and Malcolm and Ryan, because the team effort over time is what ended up building an agency. Any agency that succeeds knows that that's part of it. So we'll start with that thank-you.
But what I really want to get into is that we spend a lot of time talking about SEO tactics, but not really about how to succeed in an industry that changes rapidly, in which there's almost no certification, and where it can be difficult to explain to customers exactly how they're going to be successful with what you offer. So what I'm going to do is break down four really important rules that I learned over the course of that 10 years. We're going to go through each one of them as quickly as possible, but at the same time, hopefully you'll walk away with some good ideas. Some of these are ones that it might at first feel a little bit awkward, but just follow me.
1. Raise prices
The first rule, number one in Let's Make Money is raise your prices. Now, I remember quite clearly two years in to my job at Hive Digital — it was called Virante then — and we were talking about raising prices. We were just looking at our customers, saying to ourselves, "There's no way they can afford it." But then luckily we had the foresight that there was more to raising prices than just charging your customers more.
How it benefits old customers
The first thing that just hit us automatically was... "Well, with our old customers, we can just discount them. It's not that bad. We're in the same place as we always were." But then it occurred to us, "Wait, wait, wait. If we discount our customers, then we're actually increasing our perceived value." Our existing customers now think, "Hey, they're actually selling something better that's more expensive, but I'm getting a deal," and by offering them that deal because of their loyalty, you engender more loyalty. So it can actually be good for old customers.
How it benefits new customers
Now, for new customers, once again, same sort of situation. You've increased the perceived value. So your customers who come to you think, "Oh, this company is professional. This company is willing to invest. This company is interested in providing the highest quality of services." In reality, because you've raised prices, you can. You can spend more time and money on each customer and actually do a better job. The third part is, "What's the worst that could happen?" If they say no, you offer them the discount. You're back where you started. You're in the same position that you were before.
How it benefits your workers
Now, here's where it really matters — your employees, your workers. If you are offering bottom line prices, you can't offer them raises, you can't offer them training, you can't hire them help, or you can't get better workers. But if you do, if you raise prices, the whole ecosystem that is your agency will do better.
How it improves your resources
Tumblr media
Finally, and most importantly, which we'll talk a little bit more later, is that you can finally tool up. You can get the resources and capital that you need to actually succeed. I drew this kind of out.
Tumblr media
If we have a graph of quality of services that you offer and the price that you sell at, most agencies think that they're offering great quality at a little price, but the reality is you're probably down here. You're probably under-selling your services and, because of that, you can't offer the best that you can.
You should be up here. You should be offering higher quality, your experts who spend time all day studying this, and raising prices allows you to do that.
2. Schedule
Now, raising prices is only part one. The second thing is discipline, and I am really horrible about this. The reality is that I'm the kind of guy who looks for the latest and greatest and just jumps into it, but schedule matters. As hard as it is to admit it, I learned this from the CPC folks because they know that they have to stay on top of it every day of the week.
Well, here's something that we kind of came up with as I was leaving the company, and that was to set all of our customers as much as possible into a schedule.
Annually: we would handle keywords and competitors doing complete analysis.
Semi-annually: Twice a year, we would do content analysis. What should you be writing about? What's changed in your industry? What are different keywords that you might be able to target now given additional resources?
Quarterly: You need to be looking at links. It's just a big enough issue that you've got to look at it every couple of months, a complete link analysis.
Monthly: You should be looking at your crawls. Moz will do that every week for you, but you should give your customers an idea, over the course of a month, what's changed.
Weekly: You should be doing rankings
Tumblr media
But there are three things that, when you do all of these types of analysis, you need to keep in mind. Each one of them is a...
Report
Hours for consulting
Phone call
This might seem like a little bit of overkill. But of course, if one of these comes back and nothing changed, you don't need to do the phone call, but each one of these represents additional money in your pocket and importantly better service for your customers.
It might seem hard to believe that when you go to a customer and you tell them, "Look, nothing's changed," that you're actually giving them value, but the truth is that if you go to the dentist and he tells you, you don't have a cavity, that's good news. You shouldn't say to yourself at the end of the day, "Why'd I go to the dentist in the first place?" You should say, "I'm so glad I went to the dentist." By that same positive outlook, you should be selling to your customers over and over and over again, hoping to give them the clarity they need to succeed.
3. Tool up!
So number three, you're going to see this a lot in my videos because I just love SEO tools, but you've got to tool up. Once you've raised prices and you're making more money with your customers, you actually can. Tools are superpowers. Tools allow you to do things that humans just can't do. Like I can't figure out the link graph on my own. I need tools to do it. But tools can do so much more than just auditing existing clients. For example, they can give you...
Better leads:
You can use tools to find opportunities.Take for example the tools within Moz and you want to find other car dealerships in the area that are really good and have an opportunity to rank, but aren't doing as well as they should be in SERPs. You want to do this because you've already serviced successfully a different car dealership. Well, tools like Moz can do that. You don't just have to use Moz to help your clients. You can use them to help yourself.
Better pre-audits:
Nobody walks into a sales call blind. You know who the website is. So you just start with a great pre-audit.
Faster workflows:
Which means you make more money quicker. If you can do your keyword analysis annually in half the time because you have the right tool for it, then you're going to make far more money and be able to serve more customers.
Bulk pricing:
This one is just mind-blowingly simple. It's bulk pricing. Every tool out there, the more you buy from them, the lower the price is. I remember at my old company sitting down at one point and recognizing that every customer that came in the door would need to spend about $1,000 on individual accounts to match what they were getting through us by being able to take advantage of the bulk discounts that we were getting as an agency by buying these seats on behalf of all of our customers.
So tell your clients when you're talking to them on the phone, in the pitch be like, "Look, we use Moz, Majestic, Ahrefs, SEMrush," list off all of the competitors. "We do Screaming Frog." Just name them all and say, "If you wanted to go out and just get the data yourself from these tools, it would cost you more than we're actually charging you." The tools can sell themselves. You are saving them money.
Tumblr media
4. Just say NO
Now, the last section, real quickly, are the things you've just got to learn to say no to. One of them has a little nuance to it. There's going to be some bite back in the comments, I'm pretty sure, but I want to be careful with it.
No month-to-month contracts
The first thing to say no to is month-to-month contracts.
Tumblr media
If a customer comes to you and they say, "Look, we want to do SEO, but we want to be able to cancel every 30 days." the reality is this. They're not interested in investing in SEO. They're interested in dabbling in SEO. They're interested in experimenting with SEO. Well, that's not going to succeed. It's only going to take one competitor or two who actually invest in it to beat them out, and when they beat them out, you're going to look bad and they're going to cancel their account with you. So sit down with them and explain to them that it is a long-term strategy and it's just not worth it to your company to bring on customers who aren't interested in investing in SEO. Say it politely, but just turn it away.
Don't turn anything away
Tumblr media
Now, notice that my next thing is don't turn anything away. So here's something careful. Here's the nuance. It's really important to learn to fire clients who are bad for your business, where you're losing money on them or they're just impolite, but that doesn't mean you have to turn them away. You just need to turn them in the right direction. That right direction might be tools themselves. You can say, "Look, you don't really need our consulting hours. You should go use these tools." Or you can turn them to other fledgling businesses, friends you have in the industry who might be struggling at this time.
I'll tell you a quick example. We don't have much time, but many, many years ago, we had a client that came to us. At our old company, we had a couple of rules about who we would work with. We chose not to work in the adult industry. But at the time, I had a friend in the industry. He lived outside of the United States, and he had fallen on hard times. He literally had his business taken away from him via a series of just really unscrupulous events. I picked up the phone and gave him a call. I didn't turn away the customer. I turned them over to this individual.
That very next year, he had ended up landing a new job at the top of one of the largest gambling organizations in the world. Well, frankly, they weren't on our list of people we couldn't work with. We landed the largest contract in the history of our company at that time, and it set our company straight for an entire year. It was just because instead of turning away the client, we turned them to a different direction. So you've got to say no to turning away everybody. They are opportunities. They might not be your opportunity, but they're someone's.
No service creep
Tumblr media
The last one is service creep. Oh, man, this one is hard. A customer comes up to you and they list off three things that you offer that they want, and then they say, "Oh, yeah, we need social media management." Somebody else comes up to you, three things you want to offer, and they say, "Oh yeah, we need you to write content," and that's not something you do. You've just got to not do that. You've got to learn to shave off services that you can't offer. Instead, turn them over to people who can do them and do them very well.
What you're going to end up doing in your conversation, your sales pitch is, "Look, I'm going to be honest with you. We are great at some things, but this isn't our cup of tea. We know someone who's really great at it." That honesty, that candidness is just going to give them such a better relationship with you, and it's going to build a stronger relationship with those other specialty companies who are going to send business your way. So it's really important to learn to say no to say no service creep.
Well, anyway, there's a lot that we went over there. I hope it wasn't too much too fast, but hopefully we can talk more about it in the comments. I look forward to seeing you there. Thanks.
Video transcription by Speechpad.com
Ready for more?
You'll uncover even more SEO goodness in the MozCon 2020 video bundle. At this year's special low price of $129, this is invaluable content you can access again and again throughout the year to inspire and ignite your SEO strategy:
21 full-length videos from some of the brightest minds in digital marketing
Instant downloads and streaming to your computer, tablet, or mobile device
Downloadable slide decks for presentations
Get my MozCon 2020 video bundle
Sign up for The Moz Top 10, a semimonthly mailer updating you on the top ten hottest pieces of SEO news, tips, and rad links uncovered by the Moz team. Think of it as your exclusive digest of stuff you don't have time to hunt down but want to read!
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0 notes
kjt-lawyers · 4 years
Text
Let's Make Money: 4 Tactics for Agencies Looking to Succeed – Best of Whiteboard Friday
Posted by rjonesx.
We spend a lot of time discussing SEO tactics, but in a constantly changing industry and especially in times of uncertainty, the strategies agencies should employ in order to see success deserve more attention. In this popular (and still relevant) Whiteboard Friday, Russ Jones discusses four essential success tactics that'll ultimately increase your bottom line.  Russ also delved into the topic of profitability in his MozCon Virtual presentation this year. To watch his and our other amazing speaker presentations, you can purchase access to the 2020 video bundle here.  
Tumblr media
Click on the whiteboard image above to open a high-resolution version in a new tab!
Video Transcription
Howdy, Moz fans. I am Russ Jones, and I can't tell you how excited I am for my first Whiteboard Friday. I am Principal Search Scientist here at Moz. But before coming to Moz, for the 10 years prior to that, I was the Chief Technology Officer of a small SEO agency back in North Carolina. So I have a strong passion for agencies and consultants who are on the ground doing the work, helping websites rank better and helping build businesses.
So what I wanted to do today was spend a little bit of time talking about the lessons that I learned at an agency that admittedly I only learned through trial and error. But before we even go further, I just wanted to thank the folks at Hive Digital who I learned so much from, Jeff and Jake and Malcolm and Ryan, because the team effort over time is what ended up building an agency. Any agency that succeeds knows that that's part of it. So we'll start with that thank-you.
But what I really want to get into is that we spend a lot of time talking about SEO tactics, but not really about how to succeed in an industry that changes rapidly, in which there's almost no certification, and where it can be difficult to explain to customers exactly how they're going to be successful with what you offer. So what I'm going to do is break down four really important rules that I learned over the course of that 10 years. We're going to go through each one of them as quickly as possible, but at the same time, hopefully you'll walk away with some good ideas. Some of these are ones that it might at first feel a little bit awkward, but just follow me.
1. Raise prices
The first rule, number one in Let's Make Money is raise your prices. Now, I remember quite clearly two years in to my job at Hive Digital — it was called Virante then — and we were talking about raising prices. We were just looking at our customers, saying to ourselves, "There's no way they can afford it." But then luckily we had the foresight that there was more to raising prices than just charging your customers more.
How it benefits old customers
The first thing that just hit us automatically was... "Well, with our old customers, we can just discount them. It's not that bad. We're in the same place as we always were." But then it occurred to us, "Wait, wait, wait. If we discount our customers, then we're actually increasing our perceived value." Our existing customers now think, "Hey, they're actually selling something better that's more expensive, but I'm getting a deal," and by offering them that deal because of their loyalty, you engender more loyalty. So it can actually be good for old customers.
How it benefits new customers
Now, for new customers, once again, same sort of situation. You've increased the perceived value. So your customers who come to you think, "Oh, this company is professional. This company is willing to invest. This company is interested in providing the highest quality of services." In reality, because you've raised prices, you can. You can spend more time and money on each customer and actually do a better job. The third part is, "What's the worst that could happen?" If they say no, you offer them the discount. You're back where you started. You're in the same position that you were before.
How it benefits your workers
Now, here's where it really matters — your employees, your workers. If you are offering bottom line prices, you can't offer them raises, you can't offer them training, you can't hire them help, or you can't get better workers. But if you do, if you raise prices, the whole ecosystem that is your agency will do better.
How it improves your resources
Tumblr media
Finally, and most importantly, which we'll talk a little bit more later, is that you can finally tool up. You can get the resources and capital that you need to actually succeed. I drew this kind of out.
Tumblr media
If we have a graph of quality of services that you offer and the price that you sell at, most agencies think that they're offering great quality at a little price, but the reality is you're probably down here. You're probably under-selling your services and, because of that, you can't offer the best that you can.
You should be up here. You should be offering higher quality, your experts who spend time all day studying this, and raising prices allows you to do that.
2. Schedule
Now, raising prices is only part one. The second thing is discipline, and I am really horrible about this. The reality is that I'm the kind of guy who looks for the latest and greatest and just jumps into it, but schedule matters. As hard as it is to admit it, I learned this from the CPC folks because they know that they have to stay on top of it every day of the week.
Well, here's something that we kind of came up with as I was leaving the company, and that was to set all of our customers as much as possible into a schedule.
Annually: we would handle keywords and competitors doing complete analysis.
Semi-annually: Twice a year, we would do content analysis. What should you be writing about? What's changed in your industry? What are different keywords that you might be able to target now given additional resources?
Quarterly: You need to be looking at links. It's just a big enough issue that you've got to look at it every couple of months, a complete link analysis.
Monthly: You should be looking at your crawls. Moz will do that every week for you, but you should give your customers an idea, over the course of a month, what's changed.
Weekly: You should be doing rankings
Tumblr media
But there are three things that, when you do all of these types of analysis, you need to keep in mind. Each one of them is a...
Report
Hours for consulting
Phone call
This might seem like a little bit of overkill. But of course, if one of these comes back and nothing changed, you don't need to do the phone call, but each one of these represents additional money in your pocket and importantly better service for your customers.
It might seem hard to believe that when you go to a customer and you tell them, "Look, nothing's changed," that you're actually giving them value, but the truth is that if you go to the dentist and he tells you, you don't have a cavity, that's good news. You shouldn't say to yourself at the end of the day, "Why'd I go to the dentist in the first place?" You should say, "I'm so glad I went to the dentist." By that same positive outlook, you should be selling to your customers over and over and over again, hoping to give them the clarity they need to succeed.
3. Tool up!
So number three, you're going to see this a lot in my videos because I just love SEO tools, but you've got to tool up. Once you've raised prices and you're making more money with your customers, you actually can. Tools are superpowers. Tools allow you to do things that humans just can't do. Like I can't figure out the link graph on my own. I need tools to do it. But tools can do so much more than just auditing existing clients. For example, they can give you...
Better leads:
You can use tools to find opportunities.Take for example the tools within Moz and you want to find other car dealerships in the area that are really good and have an opportunity to rank, but aren't doing as well as they should be in SERPs. You want to do this because you've already serviced successfully a different car dealership. Well, tools like Moz can do that. You don't just have to use Moz to help your clients. You can use them to help yourself.
Better pre-audits:
Nobody walks into a sales call blind. You know who the website is. So you just start with a great pre-audit.
Faster workflows:
Which means you make more money quicker. If you can do your keyword analysis annually in half the time because you have the right tool for it, then you're going to make far more money and be able to serve more customers.
Bulk pricing:
This one is just mind-blowingly simple. It's bulk pricing. Every tool out there, the more you buy from them, the lower the price is. I remember at my old company sitting down at one point and recognizing that every customer that came in the door would need to spend about $1,000 on individual accounts to match what they were getting through us by being able to take advantage of the bulk discounts that we were getting as an agency by buying these seats on behalf of all of our customers.
So tell your clients when you're talking to them on the phone, in the pitch be like, "Look, we use Moz, Majestic, Ahrefs, SEMrush," list off all of the competitors. "We do Screaming Frog." Just name them all and say, "If you wanted to go out and just get the data yourself from these tools, it would cost you more than we're actually charging you." The tools can sell themselves. You are saving them money.
Tumblr media
4. Just say NO
Now, the last section, real quickly, are the things you've just got to learn to say no to. One of them has a little nuance to it. There's going to be some bite back in the comments, I'm pretty sure, but I want to be careful with it.
No month-to-month contracts
The first thing to say no to is month-to-month contracts.
Tumblr media
If a customer comes to you and they say, "Look, we want to do SEO, but we want to be able to cancel every 30 days." the reality is this. They're not interested in investing in SEO. They're interested in dabbling in SEO. They're interested in experimenting with SEO. Well, that's not going to succeed. It's only going to take one competitor or two who actually invest in it to beat them out, and when they beat them out, you're going to look bad and they're going to cancel their account with you. So sit down with them and explain to them that it is a long-term strategy and it's just not worth it to your company to bring on customers who aren't interested in investing in SEO. Say it politely, but just turn it away.
Don't turn anything away
Tumblr media
Now, notice that my next thing is don't turn anything away. So here's something careful. Here's the nuance. It's really important to learn to fire clients who are bad for your business, where you're losing money on them or they're just impolite, but that doesn't mean you have to turn them away. You just need to turn them in the right direction. That right direction might be tools themselves. You can say, "Look, you don't really need our consulting hours. You should go use these tools." Or you can turn them to other fledgling businesses, friends you have in the industry who might be struggling at this time.
I'll tell you a quick example. We don't have much time, but many, many years ago, we had a client that came to us. At our old company, we had a couple of rules about who we would work with. We chose not to work in the adult industry. But at the time, I had a friend in the industry. He lived outside of the United States, and he had fallen on hard times. He literally had his business taken away from him via a series of just really unscrupulous events. I picked up the phone and gave him a call. I didn't turn away the customer. I turned them over to this individual.
That very next year, he had ended up landing a new job at the top of one of the largest gambling organizations in the world. Well, frankly, they weren't on our list of people we couldn't work with. We landed the largest contract in the history of our company at that time, and it set our company straight for an entire year. It was just because instead of turning away the client, we turned them to a different direction. So you've got to say no to turning away everybody. They are opportunities. They might not be your opportunity, but they're someone's.
No service creep
Tumblr media
The last one is service creep. Oh, man, this one is hard. A customer comes up to you and they list off three things that you offer that they want, and then they say, "Oh, yeah, we need social media management." Somebody else comes up to you, three things you want to offer, and they say, "Oh yeah, we need you to write content," and that's not something you do. You've just got to not do that. You've got to learn to shave off services that you can't offer. Instead, turn them over to people who can do them and do them very well.
What you're going to end up doing in your conversation, your sales pitch is, "Look, I'm going to be honest with you. We are great at some things, but this isn't our cup of tea. We know someone who's really great at it." That honesty, that candidness is just going to give them such a better relationship with you, and it's going to build a stronger relationship with those other specialty companies who are going to send business your way. So it's really important to learn to say no to say no service creep.
Well, anyway, there's a lot that we went over there. I hope it wasn't too much too fast, but hopefully we can talk more about it in the comments. I look forward to seeing you there. Thanks.
Video transcription by Speechpad.com
Ready for more?
You'll uncover even more SEO goodness in the MozCon 2020 video bundle. At this year's special low price of $129, this is invaluable content you can access again and again throughout the year to inspire and ignite your SEO strategy:
21 full-length videos from some of the brightest minds in digital marketing
Instant downloads and streaming to your computer, tablet, or mobile device
Downloadable slide decks for presentations
Get my MozCon 2020 video bundle
Sign up for The Moz Top 10, a semimonthly mailer updating you on the top ten hottest pieces of SEO news, tips, and rad links uncovered by the Moz team. Think of it as your exclusive digest of stuff you don't have time to hunt down but want to read!
0 notes
paulineberry · 4 years
Text
Let's Make Money: 4 Tactics for Agencies Looking to Succeed – Best of Whiteboard Friday
Posted by rjonesx.
We spend a lot of time discussing SEO tactics, but in a constantly changing industry and especially in times of uncertainty, the strategies agencies should employ in order to see success deserve more attention. In this popular (and still relevant) Whiteboard Friday, Russ Jones discusses four essential success tactics that'll ultimately increase your bottom line.  Russ also delved into the topic of profitability in his MozCon Virtual presentation this year. To watch his and our other amazing speaker presentations, you can purchase access to the 2020 video bundle here.  
Tumblr media
Click on the whiteboard image above to open a high-resolution version in a new tab!
Video Transcription
Howdy, Moz fans. I am Russ Jones, and I can't tell you how excited I am for my first Whiteboard Friday. I am Principal Search Scientist here at Moz. But before coming to Moz, for the 10 years prior to that, I was the Chief Technology Officer of a small SEO agency back in North Carolina. So I have a strong passion for agencies and consultants who are on the ground doing the work, helping websites rank better and helping build businesses.
So what I wanted to do today was spend a little bit of time talking about the lessons that I learned at an agency that admittedly I only learned through trial and error. But before we even go further, I just wanted to thank the folks at Hive Digital who I learned so much from, Jeff and Jake and Malcolm and Ryan, because the team effort over time is what ended up building an agency. Any agency that succeeds knows that that's part of it. So we'll start with that thank-you.
But what I really want to get into is that we spend a lot of time talking about SEO tactics, but not really about how to succeed in an industry that changes rapidly, in which there's almost no certification, and where it can be difficult to explain to customers exactly how they're going to be successful with what you offer. So what I'm going to do is break down four really important rules that I learned over the course of that 10 years. We're going to go through each one of them as quickly as possible, but at the same time, hopefully you'll walk away with some good ideas. Some of these are ones that it might at first feel a little bit awkward, but just follow me.
1. Raise prices
The first rule, number one in Let's Make Money is raise your prices. Now, I remember quite clearly two years in to my job at Hive Digital — it was called Virante then — and we were talking about raising prices. We were just looking at our customers, saying to ourselves, "There's no way they can afford it." But then luckily we had the foresight that there was more to raising prices than just charging your customers more.
How it benefits old customers
The first thing that just hit us automatically was... "Well, with our old customers, we can just discount them. It's not that bad. We're in the same place as we always were." But then it occurred to us, "Wait, wait, wait. If we discount our customers, then we're actually increasing our perceived value." Our existing customers now think, "Hey, they're actually selling something better that's more expensive, but I'm getting a deal," and by offering them that deal because of their loyalty, you engender more loyalty. So it can actually be good for old customers.
How it benefits new customers
Now, for new customers, once again, same sort of situation. You've increased the perceived value. So your customers who come to you think, "Oh, this company is professional. This company is willing to invest. This company is interested in providing the highest quality of services." In reality, because you've raised prices, you can. You can spend more time and money on each customer and actually do a better job. The third part is, "What's the worst that could happen?" If they say no, you offer them the discount. You're back where you started. You're in the same position that you were before.
How it benefits your workers
Now, here's where it really matters — your employees, your workers. If you are offering bottom line prices, you can't offer them raises, you can't offer them training, you can't hire them help, or you can't get better workers. But if you do, if you raise prices, the whole ecosystem that is your agency will do better.
How it improves your resources
Tumblr media
Finally, and most importantly, which we'll talk a little bit more later, is that you can finally tool up. You can get the resources and capital that you need to actually succeed. I drew this kind of out.
Tumblr media
If we have a graph of quality of services that you offer and the price that you sell at, most agencies think that they're offering great quality at a little price, but the reality is you're probably down here. You're probably under-selling your services and, because of that, you can't offer the best that you can.
You should be up here. You should be offering higher quality, your experts who spend time all day studying this, and raising prices allows you to do that.
2. Schedule
Now, raising prices is only part one. The second thing is discipline, and I am really horrible about this. The reality is that I'm the kind of guy who looks for the latest and greatest and just jumps into it, but schedule matters. As hard as it is to admit it, I learned this from the CPC folks because they know that they have to stay on top of it every day of the week.
Well, here's something that we kind of came up with as I was leaving the company, and that was to set all of our customers as much as possible into a schedule.
Annually: we would handle keywords and competitors doing complete analysis.
Semi-annually: Twice a year, we would do content analysis. What should you be writing about? What's changed in your industry? What are different keywords that you might be able to target now given additional resources?
Quarterly: You need to be looking at links. It's just a big enough issue that you've got to look at it every couple of months, a complete link analysis.
Monthly: You should be looking at your crawls. Moz will do that every week for you, but you should give your customers an idea, over the course of a month, what's changed.
Weekly: You should be doing rankings
Tumblr media
But there are three things that, when you do all of these types of analysis, you need to keep in mind. Each one of them is a...
Report
Hours for consulting
Phone call
This might seem like a little bit of overkill. But of course, if one of these comes back and nothing changed, you don't need to do the phone call, but each one of these represents additional money in your pocket and importantly better service for your customers.
It might seem hard to believe that when you go to a customer and you tell them, "Look, nothing's changed," that you're actually giving them value, but the truth is that if you go to the dentist and he tells you, you don't have a cavity, that's good news. You shouldn't say to yourself at the end of the day, "Why'd I go to the dentist in the first place?" You should say, "I'm so glad I went to the dentist." By that same positive outlook, you should be selling to your customers over and over and over again, hoping to give them the clarity they need to succeed.
3. Tool up!
So number three, you're going to see this a lot in my videos because I just love SEO tools, but you've got to tool up. Once you've raised prices and you're making more money with your customers, you actually can. Tools are superpowers. Tools allow you to do things that humans just can't do. Like I can't figure out the link graph on my own. I need tools to do it. But tools can do so much more than just auditing existing clients. For example, they can give you...
Better leads:
You can use tools to find opportunities.Take for example the tools within Moz and you want to find other car dealerships in the area that are really good and have an opportunity to rank, but aren't doing as well as they should be in SERPs. You want to do this because you've already serviced successfully a different car dealership. Well, tools like Moz can do that. You don't just have to use Moz to help your clients. You can use them to help yourself.
Better pre-audits:
Nobody walks into a sales call blind. You know who the website is. So you just start with a great pre-audit.
Faster workflows:
Which means you make more money quicker. If you can do your keyword analysis annually in half the time because you have the right tool for it, then you're going to make far more money and be able to serve more customers.
Bulk pricing:
This one is just mind-blowingly simple. It's bulk pricing. Every tool out there, the more you buy from them, the lower the price is. I remember at my old company sitting down at one point and recognizing that every customer that came in the door would need to spend about $1,000 on individual accounts to match what they were getting through us by being able to take advantage of the bulk discounts that we were getting as an agency by buying these seats on behalf of all of our customers.
So tell your clients when you're talking to them on the phone, in the pitch be like, "Look, we use Moz, Majestic, Ahrefs, SEMrush," list off all of the competitors. "We do Screaming Frog." Just name them all and say, "If you wanted to go out and just get the data yourself from these tools, it would cost you more than we're actually charging you." The tools can sell themselves. You are saving them money.
Tumblr media
4. Just say NO
Now, the last section, real quickly, are the things you've just got to learn to say no to. One of them has a little nuance to it. There's going to be some bite back in the comments, I'm pretty sure, but I want to be careful with it.
No month-to-month contracts
The first thing to say no to is month-to-month contracts.
Tumblr media
If a customer comes to you and they say, "Look, we want to do SEO, but we want to be able to cancel every 30 days." the reality is this. They're not interested in investing in SEO. They're interested in dabbling in SEO. They're interested in experimenting with SEO. Well, that's not going to succeed. It's only going to take one competitor or two who actually invest in it to beat them out, and when they beat them out, you're going to look bad and they're going to cancel their account with you. So sit down with them and explain to them that it is a long-term strategy and it's just not worth it to your company to bring on customers who aren't interested in investing in SEO. Say it politely, but just turn it away.
Don't turn anything away
Tumblr media
Now, notice that my next thing is don't turn anything away. So here's something careful. Here's the nuance. It's really important to learn to fire clients who are bad for your business, where you're losing money on them or they're just impolite, but that doesn't mean you have to turn them away. You just need to turn them in the right direction. That right direction might be tools themselves. You can say, "Look, you don't really need our consulting hours. You should go use these tools." Or you can turn them to other fledgling businesses, friends you have in the industry who might be struggling at this time.
I'll tell you a quick example. We don't have much time, but many, many years ago, we had a client that came to us. At our old company, we had a couple of rules about who we would work with. We chose not to work in the adult industry. But at the time, I had a friend in the industry. He lived outside of the United States, and he had fallen on hard times. He literally had his business taken away from him via a series of just really unscrupulous events. I picked up the phone and gave him a call. I didn't turn away the customer. I turned them over to this individual.
That very next year, he had ended up landing a new job at the top of one of the largest gambling organizations in the world. Well, frankly, they weren't on our list of people we couldn't work with. We landed the largest contract in the history of our company at that time, and it set our company straight for an entire year. It was just because instead of turning away the client, we turned them to a different direction. So you've got to say no to turning away everybody. They are opportunities. They might not be your opportunity, but they're someone's.
No service creep
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The last one is service creep. Oh, man, this one is hard. A customer comes up to you and they list off three things that you offer that they want, and then they say, "Oh, yeah, we need social media management." Somebody else comes up to you, three things you want to offer, and they say, "Oh yeah, we need you to write content," and that's not something you do. You've just got to not do that. You've got to learn to shave off services that you can't offer. Instead, turn them over to people who can do them and do them very well.
What you're going to end up doing in your conversation, your sales pitch is, "Look, I'm going to be honest with you. We are great at some things, but this isn't our cup of tea. We know someone who's really great at it." That honesty, that candidness is just going to give them such a better relationship with you, and it's going to build a stronger relationship with those other specialty companies who are going to send business your way. So it's really important to learn to say no to say no service creep.
Well, anyway, there's a lot that we went over there. I hope it wasn't too much too fast, but hopefully we can talk more about it in the comments. I look forward to seeing you there. Thanks.
Video transcription by Speechpad.com
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