Review where your marketing agency is at and the next steps you should take with our new tool
A question I have been asked when I work with agencies to grow their digital marketing services is ‘how can we benchmark our approach to growing our digital services?’ It all comes down to your marketing agency capabilities, and how you manage digital transformation in your business.
To answer that I have used the excellent benchmark framework that Smart Insights has used for other areas.
These one-page templates let you quickly review where you are on a five-point scale (from laggard to market-leading). You can spot gaps in your approach to transformation and your capabilities.
What’s more if you join Smart Insights right now you will benefit from discounts of up to 50% off our range of annual memberships. Get started now.
The marketing agency services transformation matrix
I divided this particular benchmark matrix into two areas for you to compare and contrast your marketing agency capabilities:
- Your ability to grow with existing clients or to attract new business to any and all digital marketing services.
- Your ability to service that work effectively and profitability.
The specific digital services you might offer (from site design and build to SEO to social media community management etc.) will be determined by you, your business goals and the audits/research and planning you’ll carry out.
How to use the capability review matrix
The capability transformation matrix comes from the model developed by CMMI and has been used globally by businesses over the past 25 years.
- The benchmarking matrix is based on looking at each area of agency services transformation and determining where you are on the journey.
- Score your agency from Level 1 to Level 5 for each area. Each level builds on the previous one, so that you move from ‘newbie’/laggard in the market, through to an award-winning, exemplary, market-leading agency. By knowing where you are now, you can focus your efforts to improve.
- You can then create a plan for each area, logged-in members can access the free benchmarking resources linked above, or, if you’re not logged in, you will be able to follow some simple pointers in the table below.
Agency B2B digital marketing plan example
Looking for a marketing plan template to create a strategy that puts your agency at the forefront of clients’ minds? We’ve got integrated marketing strategy and planning tools to support you in transforming your agency to become a thought leader in your market, through an integrated, data-driven approach to your customer touchpoints. Find out more.