BROADCASTS.com

b'

In episode #2618, We delve into the question of whether agencies are ready for roll-ups, the process of acquiring and merging multiple companies in the same industry. We highlight the potential advantages for agencies, emphasizing the benefits of combining customer bases, reducing expenses, and cross-selling services. This strategic approach can result in heightened revenue, decreased churn, and elevated valuations. Despite these potential gains, we caution that agencies experiencing declining profits and harboring unrealistic expectations may encounter challenges in finding suitable buyers. Our prediction is that the market for agency roll-ups will become more favorable, particularly in early 2024.

Don\\u2019t forget to help us grow by subscribing and liking on YouTube!

Check out more of Eric\\u2019s content (Leveling UP YT) and Neil\\u2019s videos (Neil Patel YT)\\xa0

TIME-STAMPED SHOW NOTES:

\\n
• \\n(00:00) Today\\u2019s topic: Are Agencies Ripe For Rollups?
\\n
• \\n(00:35) Small agencies can get 3-4x EBITDA, and large agencies can get 10x+
\\n
• \\n(01:44) Combining smaller agencies can generate more revenue and savings
\\n
• \\n(03:20) Cross-selling services between agencies can increase profitability
\\n
• \\n(04:34) Many agencies are looking to sell due to a lack of leads and high churn
\\n
• \\n(05:45) Agencies\' valuations and expectations are declining
\\n
• \\n(06:54) Unrealistic expectations are hindering agency roll-ups
\\n
• \\n(07:00) The timing for agency acquisitions is getting closer
\\n
• \\n(07:20) That\\u2019s it for today! Don\\u2019t forget to rate, review, and subscribe!
\\n

\\t\\t\\tGo to https://www.marketingschool.io to learn more!

Leave Some Feedback:

\\n
• What should we talk about next?\\xa0Please let us know in the comments below
\\n
• Did you enjoy this episode?\\xa0If so, please leave a short review.
\\n

Connect with Us:\\xa0

\\n
• \\nSingle Grain << Eric\\u2019s ad agency
\\n
• \\nNP Digital << Neil\\u2019s ad agency
\\n
• \\nX @neilpatel\\xa0
\\n
• X @ericosiu
\\n

Learn more about your ad choices. Visit megaphone.fm/adchoices

See omnystudio.com/listener for privacy information.