Build a Better Agency Podcast

Episode 155: Why Finding Your Niches is No Longer Optional with Drew McLellan


Listen Later

It’s a bit of a milestone episode here, episode 155. It seems like an odd number to celebrate, but it means this podcast has been going strong for three years now! (52 weeks = 156 episodes) So thanks for listening, whether you’ve been around since the beginning, or this is your first time here!

As I speak with agency owners and decision-makers every day about their agencies and their business development efforts (or lack thereof!), we talk about the value of niching their agency. It’s the old brain surgeon versus general practitioner and the relative value proposition of each.

Your niches (note the plural) can be industry-specific, a certain methodology or in some limited cases – a specialty (PPC, etc.). But what do you do when you’ve narrowed down the niches you want to serve?

That’s what this solocast is all about. How do you actually walk out your talk and live/sell and profit from your niches?

What you’ll learn about in this episode:
  • Why establishing niches for your agency is so important
  • How many niches should an agency have and why?
  • How do you promote your agency’s special sauce/niches and expertise
  • How sweet spot clients intersect with your niches
  • The business development process to sell to your niches
  • Why helping your clients be better at their job is the heart of your biz dev plan
  • What to do with those clients outside your niches that you don’t want to fire

Drew McLellan is the CEO at Agency Management Institute. He has also owned and operated his own agency since 1995 and is still actively running the agency today. Drew’s unique vantage point as being both an agency owner and working with 250+ small- to mid-size agencies throughout the year gives him a unique perspective on running an agency today.

AMI works with agency owners by:

  • Leading agency owner and key executive peer groups
  • Offering workshops for owners and their leadership teams
  • Offering AE Bootcamps
  • Conducting individual agency owner coaching
  • Doing on site consulting
  • Offering online courses in agency new business and account service

Because he works with those 250+ agencies every year — Drew has the unique opportunity to see the patterns and the habits (both good and bad) that happen over and over again. He has also written two books and been featured in The New York Times, Forbes, Entrepreneur Magazine, and Fortune Small Business. The Wall Street Journal called his blog “One of 10 blogs every entrepreneur should read.”

Helpful Resources from this Episode:
  • Sweet Spot Client Filter: http://bit.ly/2O1m3Y0
  • Content Marketing For Agencies Workshop: http://bit.ly/2O29OdO
  • Agency New Business Blueprint: http://bit.ly/2MNkGaN
Ways to contact Drew McLellan:

We’re proud to announce that Hubspot is now the presenting sponsor of the Build A Better Agency podcast! Many thanks to them for their support!

...more
View all episodesView all episodes
Download on the App Store

Build a Better Agency PodcastBy Drew McLellan

  • 4.9
  • 4.9
  • 4.9
  • 4.9
  • 4.9

4.9

275 ratings


More shows like Build a Better Agency Podcast

View all
Social Media Marketing Podcast by Michael Stelzner, Social Media Examiner

Social Media Marketing Podcast

1,447 Listeners

The Side Hustle Show by Nick Loper of Side Hustle Nation | YAP Media

The Side Hustle Show

1,583 Listeners

Smart Agency Masterclass with Jason Swenk: Podcast for Digital Marketing Agencies by Jason Swenk

Smart Agency Masterclass with Jason Swenk: Podcast for Digital Marketing Agencies

125 Listeners

The GaryVee Audio Experience by Gary Vaynerchuk

The GaryVee Audio Experience

16,789 Listeners

Perpetual Traffic by Tier 11

Perpetual Traffic

748 Listeners

Why That Worked  – Presented by StoryBrand.ai by StoryBrand.ai

Why That Worked – Presented by StoryBrand.ai

1,922 Listeners

How I Built This with Guy Raz by Guy Raz | Wondery

How I Built This with Guy Raz

30,222 Listeners

2Bobs—with David C. Baker and Blair Enns by David C. Baker and Blair Enns

2Bobs—with David C. Baker and Blair Enns

256 Listeners

The Game with Alex Hormozi by Alex Hormozi

The Game with Alex Hormozi

4,334 Listeners

The Russell Brunson Show by Russell Brunson | YAP Media

The Russell Brunson Show

886 Listeners

Morning Brew Daily by Morning Brew

Morning Brew Daily

2,962 Listeners

The Artificial Intelligence Show by Paul Roetzer and Mike Kaput

The Artificial Intelligence Show

174 Listeners

Marketing Made Simple by Powered by StoryBrand

Marketing Made Simple

292 Listeners

Marketing Against The Grain by Hubspot Media

Marketing Against The Grain

352 Listeners

AI Explored by Michael Stelzner, Social Media Examiner—AI marketing

AI Explored

78 Listeners