Marcel Petitpas
About Marcel
Aside from co-founding Parakeeto and Marcel is the head strategic coach at SaaS Academy by Dan Martell, the #1 coaching program for B2B SaaS businesses in the world. In his work as a speaker, podcast host, and consultant, specializing in Agency Profitability Optimization, he’s helped hundreds of agencies around the world improve profitability and cash flow in their business.
Website: https://parakeeto.com/
Linkedin: https://www.linkedin.com/in/marcelpetitpas/
More from Marcel:
Marcel Petitpas reveals how agencies can predict and improve profitability by tracking three core metrics. With the right clarity and measurement, you can escape insolvency cycles and steer your business toward financial stability.
If you run a digital agency, you and your team probably find yourselves trying to forecast for the future, answering questions like:
“What if we get this client?”, “When will we need to hire our next designer?”, “How many more clients can we bring on with our current team?”
While answering these questions in practice may seem simple, you’ve probably come to understand that it isn’t easy. The resource “plan” is a moving target that’s changing all the time. Once again, we turned to Marcel for advice, and not to anyone’s surprise, he did a stellar job of putting things into context.
As the Ecommerce space continues to thrive and more agencies shift their focus to the Ecommerce niche, those selling websites and marketing services to Ecommerce brands may be feeling the pressure of increased competition. The rapid pace of the technology ecosystem, the growing in-house capabilities of brands, the ever-changing advertising algorithms, and the rising cost of talent all contribute to this challenging landscape.
Have you ever found yourself pondering the best way to price pass-through or white-labeled services? Should you apply Markup to it? If so, how much Markup should you apply? How do you ensure that you’re making enough profit on pass-through expenses? What’s the difference between pricing pass-through services and the work we do in-house?
As the ever-changing marketing landscape continues to evolve, it is imperative for agencies to embrace new technologies to remain competitive. Every year there are new market trends, new tools or new ways of working that'll create a buzz in the marketing world, and digital agencies are almost guaranteed to be among the early adopters.
Like any other service business, marketing agencies make money by charging clients for their services. The digital agency model consists of three main components: strategy, creativity and technology. Agencies are paid through various hourly and project-based fee structures, or a value-based pricing model depending on the scope of work and complexity of the project.
Growth is a great thing, but it can also bring about new challenges for businesses. As your agency scales and grows, you may find that you're faced with challenges you've never faced before, or you find yourself in situations you've never been in before. This is completely normal, you're not the first and won't be the last agency owner that experiences this.
Growing a Digital Agency as a business is hard. You start out with one or two customers that want the world from you, even if you’ve agreed to provide much less than that. You want to keep your niche and develop from there but to win more business you find yourself jumping in every direction.