#agency-growth

#agency-growth

As new technologies like generative AI reshape markets, and client needs evolve along with them, agencies are looking beyond traditional sectors to new avenues of growth. From healthcare innovations to the rise of connected media and sustainable consumer brands, fresh opportunities are emerging across every industry. Agencies that thrive will identify where inevitable change intersects with unmet need and position themselves as strategic partners, helping clients tap novel revenue sources.

"It occurred to me that we could build a database where PRs could find blogs like ours and others. We would charge them a license to use this database. And then we noticed that YouTube was on the rise and it wasn't just bloggers, but YouTubers. And it's not just YouTubers, it's also Instagrammers. And it was becoming clear to us that this new economy was being created,"

"I guess I got a little bit disillusioned with only having one string to your bow," he reflects. "If you're given a whole set of marketing and business challenges, there are a gazillion ways of solving those problems. But a media agency will always say you need to buy some advertising, which, of course, is part of the mix, but is only a very small part that usually takes up a big part of the budget."

In a world where competition is fierce and resources are finite, AI funnels are proving to be the ultimate growth hack for agencies looking to thrive.