How to Write a Digital Marketing Agency Business Plan (with PDF Template)
SEOptimer now serves over 2,000 digital agencies around the world and through the years we've had the chance to connect with many of our agency customers to understand their early days in starting their agency.
This is incredibly interesting to us because it helps us understand where and how they plan to grow so we can help build the features they need in SEOptimer.
This article is the 3rd in our series focused on starting a new digital agency. For some useful prior reading be sure to check out our previous articles:
- How to Start a Digital Marketing Agency : a comprehensive guide covering typical agency business models, services, hiring, training, new business, day to day management and more!
- Digital Agency Lean Canvas : a digital agency business model on a single page! The lean canvas is a popular documentation methodology borrowed from the tech startup world.
Don't be dismayed if it feels like there's a lot of other competing digital agencies in your city. This is perfectly normal. Digital marketing services like local SEO, for example, are dominated by small agencies.
Search Engine Land reported that over 50% of local SEO agencies have 10 or fewer clients. Forbes Council Member Jon Hall says, this keeps the industry "weird" - aka diverse as its not dominated by a small handful of big agencies.
The first step in launching a new digital marketing agency is to write a plan. In this guide, we'll cover two of the more traditional ways to define a business plan document with handy downloadable templates:
- Digital Marketing Agency Business Plan Document (DOCX & PDF) Template
- Creative Agency Business Plan Deck (PPTX) Template
What is a Digital Marketing Business Plan?
A digital marketing business plan outlines your strategy to attract and retain customers using digital channels. It encompasses your goals, target audience, competitive landscape, marketing tactics, and financial projections.
A well-crafted plan serves as a blueprint for your marketing efforts, ensuring you remain focused and organized. It also helps you identify potential pitfalls and areas for improvement.
For entrepreneurs and small business owners, having a digital marketing business plan is critical. It not only helps secure funding but also ensures that all team members are aligned with the company's vision and objectives.
It also provides a framework to measure success and make data-driven decisions.
Why Do You Need a Digital Marketing Agency Business Plan?
The days of mandatory 50+ page business plans are long gone. The choice is now yours as to whether you define your digital agency business plan in an in-depth strategic document or not.
Some agency founders find it useful to brainstorm this way and document their thought process in a long-form fashion across many pages.
Other founders prefer creating shorter slide decks, others opt for a 1-page lean canvas version or some even write their plan in a wiki or business planning tool.
There is no right or wrong way to document your plan. You need to find the documentation method that suits you best. If you're unsure what suits you best, the following factors may help you decide:
Consideration #1: Who is the Audience?
Think about who this document is for. Who will read it? In some cases it will just be you and the founding team. If you are raising money, obviously your investors will be a key audience.
You might also have business partners or board members who may be an audience too. When thnking through all these different groups, work backwards from the most optimal presentation format.
Consideration #2: Seek an Unbiased Third-party Opinion
Devin Schumacher is the Founder of SEO agency SERP and says it's easy to get swept up in your own overly optimistic projections.
"Ask an experienced agency founder you trust or admire to sanity-check your plan. Seeking an objective opinion from a third-party detached from your new business is vital."
Devin makes a great point. This type of peer review methodology is commonplace in other industries but sometimes lacking amongst agency founders.
Make sure you get at least 1 other unbiased opinion from someone who has already achieved success in your niche.
Don't fall into the trap of asking a friend or your accountant or someone you know personally to review your plan. Doing so will give you a biased opinion.
You need an unbiased opinion from someone willing to give you objective feedback.
Consideration #3: Stand your Ground
The whole point of a business plan is to take the time and effort to research the market, your competitors and potential clients. This document will distill all your insights into a strategic plan you can operationalize.
As is always the case, unexpected distractions masquerading as opportunities (rightly or wrongly) will pop up in your field of view demanding your attention.
Perhaps it's a new client opportunity with a project slightly adjacent to your niche. Perhpas a hiring opportunity for a role you didn't plan to hire yet.
Sometimes the hardest thing is to say no, when you're in the mindset of taking every opportunity for growth.
During these situations, revisit your agency business plan and remind yourself of your focus area niche and how you planned to grow within that niche.
Consideration #4: But, Be Okay With Change
There's no shame in pivoting.
In fact this balance between sticking to the plan and pivoting the plan needs to be navigated by every digital agency founder. It's not easy and often you will be second-guessing yourself.
"Every agency owner I know has had to massively adjust their target audience, pricing structure, competitor analysis, and service offerings based on the way they grow over the first 2-5 years."
Rebekah says that founders need to be prepared for change, afterall, digital marketing is in constant flux and evolution, so change is the norm and we need to write business plans with flexibility in mind.
Trust your performance metrics and continue to do the things that have the biggest quantifiable business impact.
Typical Business Plan structures
We mentioned previously that there's no right or wrong way to document your business plan. So with that said, let's look at some typical marketing agency business plan templates that you can use.
After considering all the factors above, choose the structure that works for you and your stakeholders best. We've outlined six of the more common options below:
Option #1: Written Business Document
This is the more traditional (and still valid) way to describe your business. A written business plan document in MS Word or Google Docs is still the most common way to document your digital marketing agency business plan.
This type of business plan is considered "long-form", ie: longer in length and suited to more descriptive language. Expect to write longer rationales, longer explanations with plenty of space for evidence, research, insights and strategy.
This type of plan will likely be 30+ pages and feel comprehensive. This comprehensiveness is especially needed if external investors or business partners are involved who need to be convinced of the robustness of your plan.
Option #2: Slide Deck
The PowerPoint Presentation (or Google Slides or Keynote) has become the go-to corporate communication format.
Digital agency founders spend most of their time communicating to staff, clients and stakeholders in PowerPoint so it makes sense to use this format for the purposes of communicating the agency's overall business plan.
The fundamental difference between this option and the written document, is that a slide deck is a presentable format. So typically you might be in the room with your business partners, walking through the presentation on the screen.
Whereas in option #1, a written document is not a compelling way to present an idea. It's much more suited as a sent document to be consumed in isolation.
That's not to say that a slide deck can't be utilized this way, it's just more common that you would be presenting and talking through your plan with the slides serving as a visual backup to what you say.
There's also a good argument for doing both (ie written document AND slide deck). It comes down to who all the stakeholders are (eg investors, business partners or just you) and whether you intend to present your plan or just document your plan.
Option #3: Lean Canvas
The Lean Canvas developed by leanstack.com is a business plan on a page split into 10 boxes. This planning document has become very popular in the tech/startup world and has since been adopted in many other industries, including digital agencies.
Be sure to check out our previous article explaining how to use a Lean Canvas for your agency .
The entire business plan fits on a single page which means you obviously need to sweat on every single world and ensure only the most important details are included.
We are big supporters of this format because this helps you prioritize and focus your efforts down to the fundamental aspects of your new business.
Option #4: Wiki
In the context of a business, a Wiki is usually an internal website with multiple interlinking articles. The biggest Wiki in the world is Wikipedia and if you want to get really meta, check out Wikipedia's wiki about wikis :
"A wiki (/wɪki/ WIK-ee) is a hypertext publication collaboratively edited and managed by its own audience directly using a web browser. A typical wiki contains multiple pages for the subjects or scope of the project."
Wiki's are generally perceived as internal knowledge bases so if your business plan has executional detail, this might be a good format for documenting processes and methodologies for staff.
Option #5: General Planning Tool
Tools like Notion and Trello have grown massively in recent years as more people are working remotely and more work in general is being done collaboratively online.
These types of planning tools are designed to be multi-purpose and fall somewhere between a wiki and a specialized business planning tool.
How to Construct the Business Plan
Now that we've covered the typical business plan structures let's look at the specifics of how you actually go about constructing the business plan and each of the main tasks you need to perform and sections of the business plan.
Market Research Data Gathering
Customer/client research.
Rebekah Edwards, who we spoke to previously stresses the importance of market research with as many potential clients as you can. She interviewed several businesses in their target market when developing their service offerings and pricing.
Some of the questions she thought were most helpful included:
- With no other information, what do you think X would cost from an agency? (X being the service in question.)
- What is the biggest roadblock for you to accomplish X in-house? (X being basic content/SEO projects, such as article creation/editing/uploading or strategizing new keywords.)
- How would you typically search for a digital marketing agency? (Referrals, social media, Google search, etc. — this helped us understand how to best market our services)
- If you already work with a digital marketing agency of any kind, what stood out? Why did you sign on the dotted line?
- Have there been digital marketing agencies you've specifically decided not to work with for any particular reason? What were the red flags or the issues with a fit that led you to say no?
- What matters most to you when working with a digital marketing agency? (Examples: data/analytics, frequent communication, hitting deadlines every time, price, niche of expertise, etc.)
Answers to these questions are invaluable as they help you position and market your new digital agency based on customer insight.
Competitor Research
The importance of competitor research goes without saying. It's vital you have a good understanding of how your competitors are going to market, how they sell, who they target and what their rough price points are.
If you have a friend who owns a small business, ask them to mystery shop at a competitor so they can report back to you what the sales process was like.
The way you position and sell your services should be informed by a combination of both customer insights and competitor insights.
Addressing client needs whilst maintaining a unique selling proposition will set your new digital agency up for success!
Building out the Business Plan
Download our template: digital marketing agency business plan document.
To make edits to the document make sure to download our DOCX template which you can edit directly in Microsoft Word. However if you would prefer a printable PDF, we also provide this option too.
Use these templates as a starting point to help you draft your digital marketing business plan:
Below are some of the highlight areas of the plan:
Market Research Findings
We suggest conducting three types of research to inform your marketing agency business plan:
- Qualitative research like one-on-one interviews, focus groups and meetings with prospective clients
- Quantitative reserach like online surveys, mass emails and multivariate testing
- Competitor analysis to determine their strengths and weaknesses
Unique Selling Proposition (USP) and Service Offering
Nailing your USP will be tough especially if you are in a competitive industry / city. Use the previous market research tasks to discover where the gaps are in the market and leverage these insights to position your new agency to be competitive AND different.
Perform a SWOT analysis based on your new USP. Then you can determine your actual service offerings and pricing strategy.
Go-To-Market (GTM) Plan and Org Structure
Define your target market - the exact client types who you want to sell to and list the marketing and advertising activities that you will perform that would be most effective in reaching these types of people.
Also list your people (this might not be many on day 1!), sources of advice and support as well as the strategies you'll use to retain your staff and build their skills and knowledge.
Goals Sales Forecasting
This marketing agency business plan template includes goal setting for the next year and goal setting for the next 3 years. This page is structured to help you set SMART goals.
SMART goals are:
- Specific : In the '[Enter a goal]' section describe your goal clearly and ensure you attach a person responsible in the 'Who's responsible' section.
- Measureable : Ensure the actions you list in the 'Actions to achieve goal' have an objective outcome
- Achievable : Ensure you sense-check your goals with your team and all agree that they are attainable
- Relevant : Ensure this is a priority goal and will help your new agency grow
- Time-bound : Enter a due date to ensure the goal doesn't get forgotten
Use the Cash flow forecast table as a simple way to visualize cash-on-hand in your first 12 months. Add rows to estimate your monthly expenses like payroll, rent, utilities, subscriptions, insurance, fees and other ongoing costs.
Tools and Tech
Finally, list out all the tools and technology your new agency will likely need to run an efficient operation. We've listed SEOptimer for you already because it's one of the best, low-cost lead generation tools for your agency.
Over 2,000 digital agencies use SEOptimer to generate white label site audits and embed an audit form on their agency website to capture new lead details.
Creative Agency Business Plan Slide Deck PPTX Template
If you prefer a slide deck template, use this creative agency business plan example in PowerPoint format:
Sources of Funding for Your Digital Marketing Agency
Starting a digital marketing agency requires initial capital. Here are some sources of funding to consider:
Bootstrapping
Bootstrapping involves using your savings or revenue generated from the business to fund your operations. It's a common approach for entrepreneurs who want to maintain control and avoid debt.
While this method requires careful financial planning, it allows you to grow organically and reinvest profits back into the business.
Small Business Loans
Small business loans from banks or credit unions can provide the necessary capital to get your agency off the ground. These loans typically have lower interest rates compared to other financing options.
However, they may require a solid business plan and collateral. Research different lenders and compare their terms to find the best fit for your needs.
Venture Capital
If you have a scalable business model with high growth potential, venture capital (VC) funding might be an option. VCs invest in startups in exchange for equity.
While this can provide substantial funding, it also means giving up some control over your business. Make sure your goals align with those of potential investors before pursuing this route.
Crowdfunding
Platforms like Kickstarter and Indiegogo allow you to raise funds from a large number of people. Crowdfunding not only provides capital but also helps validate your idea and build a community of supporters.
Create a compelling campaign that clearly communicates your value proposition and the benefits of supporting your agency.
Angel Investors
Angel investors are individuals who provide capital to startups in exchange for equity or convertible debt. They often offer mentorship and valuable industry connections.
To attract angel investors, you need a strong business plan, a clear value proposition, and evidence of your ability to execute.
Do You Need an LLC to Start a Digital Marketing Agency?
A Limited Liability Company (LLC) is a popular business structure for small businesses and startups. It provides personal liability protection, meaning your personal assets are shielded from business debts and lawsuits.
LLCs have the option to be taxed as a sole proprietorship, partnership, S corporation, or C corporation. This flexibility allows you to choose the best tax treatment for your situation
Having "LLC" in your business name can enhance your agency's credibility and professionalism. It signals to clients and partners that you are serious about your business and committed to its success.
That being said, you don't have to have an LLC when starting your digital marketing agency but it might be a good idea to establish an LLC for the reasons mentioned above.
Crafting a digital marketing agency business plan is essential for entrepreneurs and small business owners. By following the steps outlined in this guide, you can create a comprehensive plan that sets your agency up for success.
Tim's background is in digital marketing working for both large and small digital agencies and diverse client types. He has a passion for tech, software and staying up to date on the latest search engine news.
SEO Audit & Reporting Tool. Improve Your Website. Win More Customers. Get a Free Website Audit Instantly
Featured Articles
Recent articles, related articles.
SEOptimer - SEO Audit & Reporting Tool. Improve Your Website. Win More Customers. Get a Free Website Audit Instantly
Don't bother with copy and paste.
Get this complete sample business plan as a free text document.
Digital Marketing Agency Business Plan
Start your own digital marketing agency business plan
54 & Cloudy
Executive summary executive summary is a brief introduction to your business plan. it describes your business, the problem that it solves, your target market, and financial highlights.">.
54 & Cloudy is a newly formed digital marketing agency that is run by two industry veterans, Tom and Stephen, who collectively have more than two decades of experience running e-commerce sites, working at digital marketing agencies, and helping small to medium size businesses achieve their digital growth goals.
While 54 & Cloudy has been operating as a small consultancy for the past two years, it is now looking to raise some funding and become a full-service digital marketing agency that will need to purchase technology assets and ramp up hiring to meet client demands. Additionally, once the 54 & Cloudy ramps up their marketing efforts, there will be a need for internal resources to manage all the new clients that they will onboard.
54 & Cloudy will operate initially as a fully remote organization with resources across various functional areas of the business including Search Engine Optimization (“SEO”), Conversion Rate Optimization (“CRO”), paid advertising (including social media and search), as well as contractors who will support auxiliary revenue streams such as content writing and design services.
54 & Cloudy is well-positioned to quickly become one of the most trusted digital marketing agencies in the industry given its existing reputation and the plans of building a proprietary technology solution that will bring meaningful value to clients. As 54 & Cloudy furthers their reputation in the market, 54 & Cloudy is poised for long-term success and will be able to increase hiring and expand service offerings to meet client demands with ease.
Service Offerings
After completing their fundraising, 54 & Cloudy will expand their operations to four main revenue streams:
- SEO marketing services include SEO strategy development, technical SEO, keyword targeting, content marketing, and link building
- Includes full-service PPC marketing efforts, including search engine advertising, paid shopping ads, display ads, paid social media ads, retargeting, and more
- eCommerce CRO services will run over thousands of AB tests across a variety of eCommerce platforms with the goal of driving sales. Through targeted user research, a team of UX analysts, and psychological experts, 54 & Cloudy will grow not only transactions but average order and customer lifetime value for clients
- Industry-focused content writers and designers who excel in translating the voice and tone of a client’s business into conversion-driving copy or rich and engaging design
Expectations
Financing needed.
Given the management team’s long-standing success in the industry, 54 & Cloudy will be looking to secure an SBA loan in the amount of $300,000 to finance the acquisition of initial startup technology costs as well as cover initial cash flow needs as 54 & Cloudy ramps up customer acquisition and operates at a loss in Year 1.
Given industry growth and the new technology platform 54 & Cloudy will develop, the projected next five years will see strong growth from DMA as they service new and existing clients while capturing additional wallet share with existing new services as 54 & Cloudy grows to become a one-stop-shop for all types of digital marketing. Across the company, 54 & Cloudy is projecting to ramp up meaningfully after securing their debt capital and hiring several resources to achieve 2022 revenue of $2,535,009, which will grow to $12.6 million by 2026. EBITDA will also grow from $738526 in 2022 to $5,115,174 by 2026.
Financial Highlights by Year
Opportunity
Business overview.
At launch, 54 & Cloudy will operate across four main service categories all focused on digital marketing services for clients. The main categories are outlined below as well as their revenue assumptions used in the financial projections.
- Customers will pay a monthly recurring charge that averages out to $3,000
- Customers pay the agency a fee of 15% of the client’s advertising budget, which was assumed to be an average of $10,000 per month
- Customers will pay a monthly recurring charge that is tiered based on the number of tests and campaigns run per month but will average out to $4,000
- Industry-focused content writers and designers who excel in translating the voice and tone of a client’s business into conversion-driving copy or rich and engaging designs
- Customers will be charged per hour for design and writing services at an average rate of $100 per hour
Growth Strategy
Within the first five years of operations, 54 & Cloudy will look to drive revenue growth by not only acquiring new customers but also expanding their wallet share with existing customers. By reducing the churn rate and upselling customers on additional services, they will enhance the client LTV.
In addition to organic client growth, 54 & Cloudy will also be launching new service offerings, standalone product offerings, and will establish several partnerships for referral revenue. The main inorganic growth avenue is with the development of a proprietary reporting and marketing forecast dashboard. This will become an integral selling point in 54 & Cloudy’s service packages as a way to visualize audits, changes, and provide instant access/feedback to the user. 54 & Cloudy anticipates eventually launching this technology as a standalone product that will further its growth far in excess of the financial projections in this business plan.
Target Market
Market size & segments.
Overall Market
Over the past five years, the Digital Advertising Agencies industry has benefited from the rapid shift from traditional print advertising to digital advertisements. In particular, strong demand for digital advertising services from the retail, financial services, automotive, and telecommunication sectors have bolstered industry revenue. As more consumers generate website traffic through the use of smartphones and tablets, many businesses have purchased digital advertising services to build brand awareness across multiple screens and platforms. Additionally, as more product manufacturers are directly selling their products online, many retailers are demanding industry activities such as search engine visibility services to help them compete. Over the five years to 2019, industry revenue is anticipated to grow at an annualized rate of 17.2%, including a 5.6% jump in 2019 to reach $15.7 billion. Over the five years to 2019 total industry operators are expected to increase at an annualized rate of 16.2% to 4,471.
Over the five years to 2024, digital advertising agencies that can develop innovative tools such as data mining, with applications for analyzing customer purchasing behavior, will experience strong demand. As online media streaming services and social media continue to generate substantial internet traffic, many businesses will strengthen their investments in digital advertising. As a result, industry revenue is forecast to increase at an annualized rate of 4.4% to $19.5 billion over the five years to 2024.
Key Market Drivers
Internet traffic volume
Internet traffic volumes represent the total data sent over the internet globally per month. As the amount of internet traffic increases due to more consumers accessing websites from their mobile devices, tablets, or computers, many businesses will expand their online presence. As a result, demand for digital advertising services will rise as more businesses use advertising to drive website traffic volumes. Internet traffic volume is expected to increase substantially in 2019, representing a potential opportunity for the industry.
Total advertising expenditure
Total advertising expenditure typically trends in line with corporate profit. When corporate profit rises, businesses are likely to revitalize their advertising budgets. In 2019, total advertising expenditure is expected to increase.
Consumer spending
A rise in consumer spending indicates that more consumers are making discretionary purchases. This trend encourages many businesses to invest in advertising services to boost brand awareness and remain competitive. As a result of these services, businesses benefit from a larger customer base. In 2019, consumer spending is expected to increase.
Corporate profit
As businesses become more profitable, they often expand their advertising budgets, since many digital advertising services result in a strong return on investment. Thus a rise in corporate profitability, particularly in the retail, finance, automotive, and telecommunications sectors, stimulates demand for digital advertising services. Corporate profit is expected to decline in 2019, representing a threat to the industry.
Investor uncertainty
Investor uncertainty is an important indicator of industry performance. The degree to which businesses invest in advertising is related to the confidence that decision-makers have in the market. As uncertainty increases, businesses may decide to reduce or suspend advertising activities. In 2019, investor uncertainty is expected to decline.
Industry Services
Digital display advertising makes up an estimated 50.0% of industry revenue in 2019.
This product segment includes various forms of advertising, including banner, which makes up 12.6% of total revenue, followed by video (10.5%), rich media (8.7%), and sponsorship (1.5%). Over the past five years, as more users have streamed videos online, video advertisements have steadily grown, as many advertising agencies have strategically placed advertisements either before, during, or after a video clip. Furthermore, sponsorship advertising has exhibited growth over the past five years, particularly for digital-only publications.
Search engine optimization
In 2019, search engine optimization (SEO) and search engine marketing services are expected to account for 28.9% of industry revenue.
SEO services help increase a company’s visibility in a search engine, such as Google, Yahoo, or Bing. Typically, websites that have favorably used SEO to appear in search engine result pages for certain keywords are more likely to have high online visitor traffic, which can increase clientele’s sales volumes. Digital advertising agencies that can build website algorithms with the highest relevancy can obtain favorable placing for their clients in search results. Over the past five years, this market has steadily grown, due to many businesses developing their online website presence. However, over the next five years, many clients will expand their online presence through other mediums, particularly video, which will cut into growth for this product segment.
Major End Markets
The industry primarily relies on corporate clients from the retail, finance, automotive, and telecommunications sectors.
Retail and telecommunications
In 2019, retail and telecommunications are expected to account for 21.9% and 10.5% of industry revenue, respectively.
Retail has comprised the largest share of digital advertising spending over the past five years, which can be partly attributed to many consumers making their retail purchasing decisions online. According to eMarketer, while retailers have demanded direct response advertisements over the past five years, many retailers will move toward brand advertising, such as advertisements via video, social display, and hybrid formats.
Comparatively, telecommunication-related advertising has steadily declined over the past five years, due to data privacy laws that have constrained the ability for advertisers to implement digital advertisements using user data from consumers’ mobile phones. Furthermore, consolidation among telecommunication providers has limited their demand for advertising services.
Automotive and financial services
Automotive and financial services are anticipated to make up 12.4% and 12.1% of industry revenue, respectively.
Over the past five years, demand for digital advertising services from the automotive sector has steadily increased, due to the revitalization in consumer demand for automobiles. In particular, many consumers have used the internet to shop for their next vehicle, which has prompted the automotive sector to purchase more digital advertising services. Additionally, demand for digital advertising services from the financial sector has remained relatively stagnant over the past five years, due to many digital advertising services, such as rich media and video formats, not being as effective with driving customer purchasing decisions, compared with other sectors, such as the automotive sector.
Consumer packaged goods and consumer products
In 2019, consumer packaged goods and consumer products are expected to generate 8.8% of industry revenue.
Over the past five years, this product segment has exhibited growth. For bigger brand products within this segment, demand for digital advertising services has increased in line with peak seasons, such as Christmas and the back-to-school period. Comparatively, retailers of lower-priced products within this market segment typically purchase display advertising campaigns to build brand awareness and encourage a strong customer base that makes repeat purchases.
Travel and media
Travel and media comprise an estimated 7.8% and 6.3% of industry revenue in 2019, respectively.
In the past five years, the travel and media sectors have increased their demand for digital advertising services. Over the next five years, the travel sector will demand digital advertising services that integrate well with consumers that access travel websites from their mobile device. Comparatively, media, which includes social media sites, have increasingly used digital advertising services to generate website traffic and monetize their websites.
Computing products and consumer electronics
In 2019, computing products and consumer electronics account for an estimated 8.0% of industry revenue.
Over the next five years, this product segment is expected to account for a larger share of industry revenue. As consumer electronics are expected to exhibit high growth over the next five years, many electronic companies that manufacture devices, such as digital and video cameras, telephones, and TVs, among other products, will increase their demand for digital advertising services.
Other sectors
Other sectors include the healthcare and pharmaceutical sector, as well as the entertainment sector, among others.
Over the next five years, many sectors, such as entertainment, will increasingly demand digital advertising services to attract users that increasingly access websites with their smartphone and tablet.
54 & Cloudy Initial Target Market
Competition
Competitive landscape.
The digital marketing agency landscape is filled with thousands of small companies that have fewer than ten employees with only a handful of organizations that have reached scale to have more than 50 employees. Additionally, the market is rapidly becoming more reliant on various technology and software providers, who themselves are now some of the biggest competitors in the market. Detailed below are several of the large digital agencies as well as large service providers in the market.
Large Digital Marketing Agencies
- Ignite Visibility is one of the highest awarded digital marketing agency in the industry, specializing in digital marketing strategy, SEO, paid media, social media, email marketing, analytics, Amazon, and CRO.
- WebFX is a performance-focused digital marketing agency with services designed to increase qualified leads, phone calls, and transactions for clients. Founded in 1996 and headquartered in Harrisburg, Penn., they have over 250 digital marketing, design, and development experts who serve customers through SEO, PPC, web design, and more.
- Power Digital is a digital marketing agency based in San Diego with an office in New York. The agency, founded in 2012, has more than 300 employees and provides content marketing, email marketing, PPC, SEO, social media marketing, web design, and PR services. Power Digital serves mid-market and other-sized companies in the consumer products & services, advertising & marketing, business services, and retail industries.
- This Utah-based agency has a marketing team of 50+ that has conducted over 2,500 marketing campaign audits since 2011. Disruptive Advertising specializes in traffic, conversion, and analytics to help its clients outperform their competitors.
Service Providers That Displace Agencies
- SEMrush is a leading online visibility management software-as-a-service platform. With over 7 million businesses having used the platform across 50 products, tools, and add-ons including tools for search, content, social media, and market research. The company tracks data from more than 140 countries, seamlessly integrates with Google and task management platforms.
- Ahrefs is a software company that develops online SEO tools and free educational materials for marketing professionals. Ahrefs database has over 11 billion keywords and more than 400 billion indexed pages.
- Both of these companies are best-in-class email marketing and growth marketing platforms that helps deliver more personalized experiences across owned marketing channels like email, SMS, in-app notifications, and web.
54 & Cloudy Advantages
While the market is highly competitive, 54 & Cloudy sets itself apart by leveraging proprietary technology and world-class third-party software. Additionally, 54 & Cloudy will only initially work with clients who operate within specific niches in the e-commerce space and this will allow 54 & Cloudy to develop a sector expertise and reputation for excellence that will drive organic growth.
Some of the key advantages that 54 & Cloudy will have when going head-to-head with competitors includes the following:
- Targeted user segments to conduct market research that is the exact audience of the client
- Relationships with BI data firms that help find the sweet spot in terms of pricing, sales, etc. These kinds of licenses cost nearly 6-figures but 54 & Cloudy has a sweetheart deal
- Custom reporting dashboard that brings in paid, organic and outbound sales touchpoints
- Custom dashboard for A/B split testing, which allows agency and customers to take analysis and turn into immediately actionable copy tests
- Direct integration with eCommerce platforms (WooCommerce, Shopify, Wix) or off-the-shelf CMS platform
Keys to Success
Given the competitive nature of the industry, 54 & Cloudy will need to be aware of the various keys to success that are critical for long-term growth in the market.
- Digital agencies must stay up-to-date with the latest developments in technology, from the newest advertising platform to the latest software used to track and analyze campaigns
- Membership in the American Association of Advertising Agencies may indicate a higher level of professionalism in operations and boost the agency’s credibility and image
- As a highly competitive industry, digital advertising agencies must be able to develop professional proposals for work and accounts to secure contracts
- Digital advertisers that develop a solid brand with a good reputation achieve a greater level of success within the industry
- Building and scaling tools and technology that are proprietary will allow 54 & Cloudy to scale and capture market share with a defensible offering that can increase LTV and reduce long-term churn
Marketing & Sales
Marketing plan.
Like other rapidly growing B2B companies, 54 & Cloudy will focus on targeted digital and print marketing, multiple advertising campaigns, conventions/trade shows, and strategic partnerships. Since 54 & Cloudy has already been offering its services on a consulting basis and has developed a loyal following, organic inbound traffic is already coming in and will continue to create a compounding effect that will propel 54 & Cloudy to strong and sustainable growth.
In order to continue growth and maintain their industry-leading reputation, 54 & Cloudy plans to utilize their own digital marketing knowledge to expand within their core markets, growing into new markets, and increase wallet share with existing customers.
Digital and Print Marketing
54 & Cloudy will launch a robust digital marketing campaign across paid search and through digital publications/blogs specific to their core demographics. With a unique skill set and offers, 54 & Cloudy will be able to gain meaningful momentum through paid search, providing them with business demographic information and contact information for re-targeting and promotional messaging. Additionally, by working with key online and print publications and blogs specific to the company’s various end-markets, 54 & Cloudy will be able to develop a strong industry presence that will be crucial for recurring customer growth. Some of the tactics that 54 & Cloudy will use to attract customers will include free site audits, industry-specific templates, and other free services to capture emails and upsell customers.
Strategic Partners
Relationships will be formed with multiple organizations that are selling to the same end customer including with design agencies, print media groups, traditional advertising agencies, and other non-marketing service providers like bankers, lawyers, and small business associations. By building a large team of strategic partners, 54 & Cloudy will be able to generate a stable and reliable customer base that will ultimately lead to repeat customers and an increased potential for larger contracts.
Customer Re-engagement
As with any business services company, recurring customers are a vital source of income as well as word-of-mouth for a growing business. As 54 & Cloudy continues to sell within their core demographic, they will be using various engagement tactics to drive retention and improve new referrals from existing customers. Through building a strong group of loyal customers, 54 & Cloudy will be able to identify key growth opportunities for the business including new product lines and end markets to work with.
Organic Marketing
As a leading digital marketing agency, 54 & Cloudy will be able to also publish onsite blogs, detailed landing pages, and other relevant content, as they would for any client, in order to drive organic rankings and new customer acquisition. By focusing on long-tail niche content in combination with highly competitive keywords and questions, 54 & Cloudy will generate strong SEO growth and generate meaningful organic traffic.
Trade Shows/Conventions
The business will be based out of the Bay Area where 54 & Cloudy’s two founders are located. Given office rent prices and the plan to hire resources independent of physical location, 54 & Cloudy is planning to operate as a fully remote organization for the near term. There will be a small rent expense to cover the founders’ rent but no other rent or office costs will be incurred by 54 & Cloudy in the projections.
54 & Cloudy will be utilizing many of the industry’s leading automation, data tracking, analytics software for handling client work. This technology will include SEO tools, paid advertising automation platforms, A/B testing systems, and other useful resources that can help clients achieve their growth targets. Additionally, 54 & Cloudy will utilize several internal tools including a CRM, Slack, an email marketing platform, and other services to grow the business and manage operations and a remote workforce at scale.
Milestones & Metrics
Milestones table.
Key Metrics
As with many B2B businesses, 54 & Cloudy will be tracking several key customer acquisition and customer retention metrics that will drive overall profitability and allow for more reliable hiring need forecasting.
The metrics 54 & Cloudy will be tracking include:
- Revenue by Service Line
- Contribution Margin by Service Line
- Cost Per Acquisition (“CPA”)
- Churn Rate by Service Line
- Revenue Per Employee
- MRR and ARR
Ownership & Structure
54 & Cloudy is co-owned by the two founders who each have a 50% ownership in the business. The company is based in the Bay Area and is a California LLC. There are no other ownership interests in the business at this time.
Leadership Team
54 & Cloudy is currently being run as a small agency by the two founders who are looking to secure funding to make additional hiring and take on enterprise-level clients. The two founders, Tom and Stephen, have extensive experience in the market not only as e-commerce digital marketers but also as technical/UX engineers.
Tom was previously a technical/UX engineer at a successful digital marketing agency where he worked on building proprietary dashboards, reporting tools, and advertising automation for both internal and external use cases. Stephen, on the other hand, is 54 & Cloudy’s e-commerce marketing expert with more than a decade working at e-commerce companies including a fashion business in the Bay Area in 2013 that was later sold in 2019. Since the sale of that business, Stephen has worked as a contractor developing his product-side and marketing expertise for small to medium size businesses.
The two founders complement each other’s skillsets and both are looking to move 54 & Cloudy from a small contract consulting business to a full-service digital marketing agency.
Hiring Strategy
In addition to 54 & Cloudy’s leadership team, there will be a strong hiring strategy to handle all the new clients as the business grows over the five-year projection period. With a mix of full-time hires and contractors, the Company will look to scale hiring to meet client demand but not be overstaffed so that people are not fully utilized.
The following roles will be areas 54 & Cloudy will hire to handle client services.
- Acts as primary technical architect and engineer for all development, testing, and product development
- Full-stack in-house marketer that is expert in all services the firm employs. Has extensive background and experience in search engine optimization, conversion rate optimization, paid search marketing, outbound email, and site analytics
- Initially outsourced, this role handles all of the Google / Microsoft / LinkedIn / etc. ad management as well as its reporting
- Liaisons the day-to-day relationships with our clients, working closely with technical and marketing leads to deliver on contract scope and goals. Managers the timelines and execution of all projects to ensure their success
- In-house sales lead that possesses the ability to sell-in and move prospects through the buyer’s journey. Based on our target markets, this role has experience and knowledge specifically to help those business types grow
- Copywriting
- Paid Marketing
- CRO Analyst
54 & Cloudy anticipates growing from 13 resources in Year 1 to more than 45 by Year 5. As outlined in the chart below, this growth will result in Year 5 personnel expenses exceeding $3.8 million, up from $965,000 in Year 1. Revenue per employee will increase from $185,000 in Year 1 to $262,000 in Year 5.
Financial Plan investor-ready personnel plan .">
Key assumptions.
54 & Cloudy developed the following financials utilizing their extensive industry knowledge and relevant historic financial performance.
- Given the long-term nature of SEO, the churn rate is 5%
- Churn rate is slightly higher than SEO at 7.5%
- eCommerce CRO services will run thousands of AB tests across a variety of eCommerce platforms with the goal of driving sales. Through targeted user research, a team of UX analysts, and psychological experts, 54 & Cloudy will grow not only transactions but average order and customer lifetime value for clients
- Churn rate is high at 20% due to the nature of the service line
- This is an ancillary service within 54 & Cloudy’s paid and optimization offerings but can be expanded to help clients develop all onsite and paid messaging
The financial projections assume an SBA loan for $300,000 at 8% over 10 years and those funds will be sufficient to cover all growth and hiring projections outlined in the business plan.
54 & Cloudy believes that the introduction of proprietary reporting and marketing forecast dashboards will help accelerate new customer acquisition and allow churn rates to remain low for existing customers. This will be an integral selling point in 54 & Cloudy’s service packages as a way to visualize audits, changes, and provide instant access/feedback to the user. In the future, 54 & Cloudy may look to offer the reporting and forecasting dashboard as a separate stand-alone service offering.
Revenue by Month
Expenses by Month
Net Profit (or Loss) by Year
Sources of Funds
Given the management team’s long-standing success in the industry, 54 & Cloudy will be looking to secure an SBA loan in the amount of $300,000 to finance the acquisition of initial startup technology costs, as well as cover initial cash flow, needs as they ramp up customer acquisition and operates at a loss in Year 1.
Use of Funds
54 & Cloudy is securing an SBA loan for $300,000 that will be used to fund initial technology asset purchases of $65,000, startup costs including licensing, legal, and other marketing costs of $50,000, as well as cover cash flow needs during Year 1 as 54 & Cloudy, grows from negative operating income to cash flow positive by year-end.
The quickest way to turn a business idea into a business plan
Fill-in-the-blanks and automatic financials make it easy.
No thanks, I prefer writing 40-page documents.
Discover the world’s #1 plan building software
Digital Marketing Agency Business Plan Template
Written by Dave Lavinsky
Digital Marketing Agency Business Plan
Over the past 20+ years, we have helped over 500 entrepreneurs and business owners create business plans to start and grow their digital marketing agencies.
If you’re unfamiliar with creating a digital marketing agency business plan, you may think creating one will be a time-consuming and frustrating process. For most entrepreneurs it is, but for you, it won’t be since we’re here to help. We have the experience, resources, and knowledge to help you create a great business plan.
In this article, you will learn some background information on why business planning is important. Then, you will learn how to write a digital marketing agency business plan step-by-step so you can create your plan today.
Download our Ultimate Digital Marketing Agency Business Plan Template here >
What is a Digital Marketing Agency Business Plan?
A business plan provides a snapshot of your digital marketing agency as it stands today, and lays out your growth plan for the next five years. It explains your business goals and your strategies for reaching them. It also includes market research to support your plans.
Why You Need a Business Plan for a Digital Marketing Agency
If you’re looking to start a digital marketing agency or grow your existing digital marketing agency, you need a business plan. A business plan will help you raise funding, if needed, and plan out the growth of your digital marketing agency to improve your chances of success. Your digital marketing agency business plan is a living document that should be updated annually as your company grows and changes.
Sources of Funding for Digital Marketing Agency Businesses
With regards to funding, the main sources of funding for a digital marketing agency are personal savings, credit cards, bank loans, and angel investors. When it comes to bank loans, banks will want to review your business plan and gain confidence that you will be able to repay your loan and interest. To acquire this confidence, the loan officer will not only want to ensure that your financials are reasonable, but they will also want to see a professional plan. Such a plan will give them the confidence that you can successfully and professionally operate a business. Personal savings and bank loans are the most common funding paths for digital marketing agencies.
Finish Your Business Plan Today!
How to write a business plan for a digital marketing agency.
If you want to start a digital marketing agency or expand your current one, you need a business plan. The guide below details the necessary information for how to write each essential component of your digital marketing agency business plan.
Executive Summary
Your executive summary provides an introduction to your business plan, but it is normally the last section you write because it provides a summary of each key section of your plan.
The goal of your executive summary is to quickly engage the reader. Explain to them the kind of digital marketing agency you are running and the status. For example, are you a startup, do you have a digital marketing agency that you would like to grow, or are you operating a chain of digital marketing agencies?
Next, provide an overview of each of the subsequent sections of your plan.
- Give a brief overv iew of the digital marketing industry.
- Discuss the type of digital marketing agency you are operating.
- Detail your direct competitors. Give an overview of your target customers.
- Provide a snapshot of your marketing strategy. Identify the key members of your team.
- Offer an overview of your financial plan.
Company Overview
In your company overview, you will detail the type of digital marketing agency you are operating.
For example, your agency might specialize in one of the following types of digital marketing agencies:
- Full Service Digital Marketing Agency : this type of digital marketing agency tends to be larger than most other types of agencies and offers a variety of digital marketing services. Businesses often partner with full-service digital marketing agencies because they have the experience doing specific projects that the businesses need done, such as lead nurture campaigns or a website redesign. These agencies can also bring added muscle to existing marketing departments at a lower cost than it would take to build them out with new hires.
- SEO Digital Marketing Agency: this type of agency focuses primarily on helping their clients’ websites and website content rank high on search engine results.
- Social Media Digital Marketing Agency: this type of digital marketing agency helps companies establish and maintain an effective social media presence. They produce social media content and manage their advertisements on social media sites, such as Facebook and Instagram. Other services offered are responding to customer interactions on social media platforms and can also manage influencer outreach for cross promotion and/or affiliate marketing.
- Web Design Digital Marketing Agency: this type of agency is a team of creative designers who build customized and optimized websites for their clients’ businesses.
In addition to explaining the type of digital marketing agency you will operate, the company overview needs to provide background on the business.
Include answers to questions such as:
- When and why did you start the business?
- What milestones have you achieved to date? Milestones could include the number of clients served, the number of clients with positive outcomes, reaching X number of clients served, etc.
- Your legal business structure. Are you incorporated as an S-Corp? An LLC? A sole proprietorship? Explain your legal structure here.
Industry Analysis
In your industry or market analysis, you need to provide an overview of the digital marketing industry.
While this may seem unnecessary, it serves multiple purposes.
First, researching the digital marketing industry educates you. It helps you understand the market in which you are operating.
Secondly, market research can improve your marketing strategy, particularly if your analysis identifies market trends.
The third reason is to prove to readers that you are an expert in your industry. By conducting the research and presenting it in your plan, you achieve just that.
The following questions should be answered in the industry analysis section of your digital marketing agency business plan:
- How big is the digital marketing industry (in dollars)?
- Is the market declining or increasing?
- Who are the key competitors in the market?
- Who are the key suppliers in the market?
- What trends are affecting the industry?
- What is the industry’s growth forecast over the next 5 – 10 years?
- What is the relevant market size? That is, how big is the potential target market for your digital marketing agency? You can extrapolate such a figure by assessing the size of the market in the entire country and then applying that figure to your local population.
Customer Analysis
The customer analysis section of your digital marketing agency business plan must detail the customers you serve and/or expect to serve.
The following are examples of customer segments: large companies, small businesses, and nonprofits.
As you can imagine, the customer segment(s) you choose will have a great impact on the type of digital marketing agency you operate. Clearly, nonprofits would respond to different marketing promotions than large companies, for example.
Try to break out your target customers in terms of their demographic and psychographic profiles. With regards to demographics, including a discussion of the ages, genders, locations, and income levels of the potential customers you seek to serve.
Psychographic profiles explain the wants and needs of your target customers. The more you can recognize and define these needs, the better you will do in attracting and retaining your customers.
Finish Your Digital Marketing Agency Business Plan in 1 Day!
Don’t you wish there was a faster, easier way to finish your business plan?
With Growthink’s Ultimate Digital Marketing Agency Business Plan Template you can finish your plan in just 8 hours or less!
Competitive Analysis
Your competitive analysis should identify the indirect and direct competitors your business faces and then focus on the latter.
Direct competitors are other digital marketing agencies.
Indirect competitors are other options that customers have to purchase from that aren’t directly competing with your product or service. This includes social media platforms, apps, and freelancers. You need to mention such competition as well.
For each such competitor, provide an overview of their business and document their strengths and weaknesses. Unless you once worked at your competitors’ businesses, it will be impossible to know everything about them. But you should be able to find out key things about them such as
- What types of clients do they serve?
- What type of digital marketing agency are they?
- What is their pricing (premium, low, etc.)?
- What are they good at?
- What are their weaknesses?
With regards to the last two questions, think about your answers from the customers’ perspective. And don’t be afraid to ask your competitors’ customers what they like most and least about them.
The final part of your competitive analysis section is to document your areas of competitive advantage. For example:
- Will you provide non digital marketing services?
- Will you offer products or services that your competition doesn’t?
- Will you provide better customer service?
- Will you offer better pricing?
Think about ways you will outperform your competition and document them in this section of your plan.
Marketing Plan
Traditionally, a marketing plan includes the four P’s: Product, Price, Place, and Promotion. For a digital marketing agency business plan, your marketing strategy should include the following:
Product : In the product section, you should reiterate the type o f digital marketing agency that you documented in your company overview. Then, detail the specific products or services you will be offering. For example, will you provide website design, SEO management, social media management, or public relations?
Price : Document the prices you will offer and how they compare to your competitors. Essentially in the product and price sub-sections of yo ur plan, yo u are presenting the products and/or services you offer and their prices.
Place : Place refers to the site of your digital marketing agency. Document where your agency is situated and mention how the site will impact your success. For example, is your digital marketing agency located in a busy retail district, a business district, a standalone office, or purely online? Discuss how your site might be the ideal location for your customers.
Promotions : The final part of your digital marketing agency marketing plan is where you will document how you will drive potential customers to your location(s). The following are some promotional methods you might consider:
- Advertise in local papers, radio stations and/or magazines
- Reach out to websites
- Distribute flyers
- Engage in email marketing
- Advertise on social media platforms
- Improve the SEO (search engine optimization) on your website for targeted keywords
Operations Plan
While the earlier sections of your business plan explained your goals, your operations plan describes how you will meet them. Your operations plan should have two distinct sections as follows.
Everyday short-term processes include all of the tasks involved in running your digital marketing agency business, including client communication, planning and scheduling advertisement campaigns, staff meetings, billing clients, etc.
Long-term goals are the milestones you hope to achieve. These could include the dates when you expect to book your Xth session, or when you hope to reach $X in revenue. It could also be when you expect to expand your digital marketing agency to a new city.
Management Team
To demonstrate your digital marketing agency’s potential to succeed, a strong management team is essential. Highlight your key players’ backgrounds, emphasizing those skills and experiences that prove their ability to grow a company.
Ideally, you and/or your team members have direct experience in managing digital marketing agencies. If so, highlight this experience and expertise. But also highlight any experience that you think will help your business succeed.
If your team is lacking, consider assembling an advisory board. An advisory board would include 2 to 8 individuals who would act as mentors to your business. They would help answer questions and provide strategic guidance. If needed, look for advisory board members with experience in managing a digital marketing agency or successfully running an advertising and/or public relations agency.
Financial Plan
Your financial plan should include your 5-year financial statement broken out both monthly or quarterly for the first year and then annually. Your financial statements include your income statement, balance s heet, and cash flow statements.
Income Statement
An income statement is more commonly called a Profit and Loss statement or P&L. It shows your revenue and then subtracts your costs to show whether you turned a profit or not.
In developing your income statement, you need to devise assumptions. For example, will you book 5 clients per day, and/or offer advertising packages that can be customized ? And will sales grow by 2% or 10% per year? As you can imagine, your choice of assumptions will greatly impact the financial forecasts for your business. As much as possible, conduct research to try to root your assumptions in reality.
Balance Sheets
Balance sheets show your assets and liabilities. While balance sheets can include much information, try to simplify them to the key items you need to know about. For instance, if you spend $50,000 on building out your digital marketing agency, this will not give you immediate profits. Rather it is an asset that will hopefully help you generate profits for years to come. Likewise, if a lender writes you a check for $50,000, you don’t need to pay it back immediately. Rather, that is a liability you will pay back over time.
Cash Flow Statement
Your cash flow statement will help determine how much money you need to start or grow your business, and ensure you never run out of money. What most entrepreneurs and business owners don’t realize is that you can turn a profit but run out of money and go bankrupt.
When creating your Income Statement and Balance Sheets be sure to include several of the key costs needed in starting or growing a digital marketing agency:
- Cost of equipment and office supplies
- Payroll or salaries paid to staff
- Business insurance
- Other start-up expenses (if you’re a new business) like legal expenses, permits, computer software, and equipment
Attach your full financial projections in the appendix of your plan along with any supporting documents that make your plan more compelling. For example, you might include your office location lease or a list of digital marketing services you plan to offer.
Digital Marketing Agency Business Plan Template PDF
You can download our digital marketing agency business plan PDF or use our sample digital marketing agency business plan to help you get started on your own business plan.
If you are looking for the quickest and easiest way to complete your business plan, Growthink’s Ultimate Digital Marketing Agency Business Plan Template has numerous features not available in the free template including its financial projections template which automatically calculates your complete five-year financial projections including income statements, balance sheets, and cash flow statements.
Writing a business plan for your digital marketing agency is a worthwhile endeavor. If you follow the template above, by the time you are done, you will truly be an expert. You will understand the digital marketing industry, your competition, and your customers. You will develop a marketing strategy and will understand what it takes to launch and grow a successful digital marketing agency.
Don’t you wish there was a faster, easier way to finish your Digital Marketing Agency business plan?
OR, Let Us Develop Your Plan For You
Since 1999, Growthink has developed business plans for thousands of companies who have gone on to achieve tremendous success. Click here to see how Growthink’s business plan advisors can give you a winning business plan.
Other Helpful Business Plan Articles & Templates
How To Write a Marketing Agency Business Plan + Template
Creating a business plan is essential for any business, but it can be especially helpful for marketing agency businesses that want to improve their strategy and/or raise funding.
A well-crafted business plan not only outlines the vision for your company, but also documents a step-by-step roadmap of how you are going to accomplish it. In order to create an effective business plan, you must first understand the components that are essential to its success.
This article provides an overview of the key elements that every marketing agency owner should include in their business plan.
Download the Digital Marketing Agency Business Plan Template
What is a Marketing Agency Business Plan?
A marketing agency business plan is a formal written document that describes your company’s business strategy and its feasibility. It documents the reasons you will be successful, your areas of competitive advantage, and it includes information about your team members. Your business plan is a key document that will convince investors and lenders (if needed) that you are positioned to become a successful venture.
Why Write a Marketing Agency Business Plan?
A marketing agency business plan is required for banks and investors. The document is a clear and concise guide of your business idea and the steps you will take to make it profitable.
Entrepreneurs can also use this as a roadmap when starting their new company or venture, especially if they are inexperienced in starting a business.
Writing an Effective Marketing Agency Business Plan
The following are the key components of a successful marketing agency business plan:
Executive Summary
The executive summary of a marketing agency business plan is a one to two page overview of your entire business plan. It should summarize the main points, which will be presented in full in the rest of your business plan.
- Start with a one-line description of your marketing agency
- Provide a short summary of the key points in each section of your business plan, which includes information about your company’s management team, industry analysis, competitive analysis, and financial forecast among others.
Company Description
This section should include a brief history of your company. Include a short description of how your company started, and provide a timeline of milestones your company has achieved.
If you are just starting your marketing agency , you may not have a long company history. Instead, you can include information about your professional experience in this industry and how and why you conceived your new venture. If you have worked for a similar company before or have been involved in an entrepreneurial venture before starting your marketing agency, mention this.
You will also include information about your chosen marketing agency business model and how, if applicable, it is different from other companies in your industry.
Industry Analysis
The industry or market analysis is an important component of a marketing agency business plan. Conduct thorough market research to determine industry trends and document the size of your market.
Questions to answer include:
- What part of the marketing agency industry are you targeting?
- How big is the market?
- What trends are happening in the industry right now (and if applicable, how do these trends support the success of your company)?
You should also include sources for the information you provide, such as published research reports and expert opinions.
Customer Analysis
This section should include a list of your target audience(s) with demographic and psychographic profiles (e.g., age, gender, income level, profession, job titles, interests). You will need to provide a profile of each customer segment separately, including their needs and wants.
For example, the customers of a marketing agency may include small businesses, non-profit organizations, or even individuals.
You can include information about how your customers make the decision to buy from you as well as what keeps them buying from you.
Develop a strategy for targeting those customers who are most likely to buy from you, as well as those that might be influenced to buy your products or marketing agency services with the right marketing.
Competitive Analysis
The competitive analysis helps you determine how your product or service will be different from competitors, and what your unique selling proposition (USP) might be that will set you apart in this industry.
For each competitor, list their strengths and weaknesses. Next, determine your areas of competitive differentiation and/or advantage; that is, in what ways are you different from and ideally better than your competitors.
Below are sample competitive advantages your marketing agency may have:
- Proven track record of success
- Strong client base
- Robust marketing strategy and execution
- Highly qualified and experienced team
- State-of-the-art technology and tools
Marketing Plan
This part of the business plan is where you determine and document your marketing plan. . Your plan should be clearly laid out, including the following 4 Ps.
- Product/Service : Detail your product/service offerings here. Document their features and benefits.
- Price : Document your pricing strategy here. In addition to stating the prices for your products/services, mention how your pricing compares to your competition.
- Place : Where will your customers find you? What channels of distribution (e.g., partnerships) will you use to reach them if applicable?
- Promotion : How will you reach your target customers? For example, you may use social media, write blog posts, create an email marketing campaign, use pay-per-click advertising, launch a direct mail campaign. Or, you may promote your marketing agency via public relations or word-of-mouth.
Operations Plan
This part of your marketing agency business plan should include the following information:
- How will you deliver your product/service to customers? For example, will you do it in person or over the phone only?
- What infrastructure, equipment, and resources are needed to operate successfully? How can you meet those requirements within budget constraints?
The operations plan is where you also need to include your company’s business policies. You will want to establish policies related to everything from customer service to pricing, to the overall brand image you are trying to present.
Finally, and most importantly, in your Operations Plan, you will lay out the milestones your company hopes to achieve within the next five years. Create a chart that shows the key milestone(s) you hope to achieve each quarter for the next four quarters, and then each year for the following four years. Examples of milestones for a marketing agency include reaching $X in sales. Other examples include adding X new clients or launching a new website.
Management Team
List your team members here including their names and titles, as well as their expertise and experience relevant to your specific marketing agency industry. Include brief biography sketches for each team member.
Particularly if you are seeking funding, the goal of this section is to convince investors and lenders that your team has the expertise and experience to execute on your plan. If you are missing key team members, document the roles and responsibilities you plan to hire for in the future.
Financial Plan
Here you will include a summary of your complete and detailed financial plan (your full financial projections go in the Appendix).
This includes the following three financial statements:
Income Statement
Your income statement should include:
- Revenue : how much revenue you generate.
- Cost of Goods Sold : These are your direct costs associated with generating revenue. This includes labor costs, as well as the cost of any equipment and supplies used to deliver the product/service offering.
- Net Income (or loss) : Once expenses and revenue are totaled and deducted from each other, this is the net income or loss.
Sample Income Statement for a Startup Marketing Agency
Revenues | $ 336,090 | $ 450,940 | $ 605,000 | $ 811,730 | $ 1,089,100 |
$ 336,090 | $ 450,940 | $ 605,000 | $ 811,730 | $ 1,089,100 | |
Direct Cost | |||||
Direct Costs | $ 67,210 | $ 90,190 | $ 121,000 | $ 162,340 | $ 217,820 |
$ 67,210 | $ 90,190 | $ 121,000 | $ 162,340 | $ 217,820 | |
$ 268,880 | $ 360,750 | $ 484,000 | $ 649,390 | $ 871,280 | |
Salaries | $ 96,000 | $ 99,840 | $ 105,371 | $ 110,639 | $ 116,171 |
Marketing Expenses | $ 61,200 | $ 64,400 | $ 67,600 | $ 71,000 | $ 74,600 |
Rent/Utility Expenses | $ 36,400 | $ 37,500 | $ 38,700 | $ 39,800 | $ 41,000 |
Other Expenses | $ 9,200 | $ 9,200 | $ 9,200 | $ 9,400 | $ 9,500 |
$ 202,800 | $ 210,940 | $ 220,871 | $ 230,839 | $ 241,271 | |
EBITDA | $ 66,080 | $ 149,810 | $ 263,129 | $ 418,551 | $ 630,009 |
Depreciation | $ 5,200 | $ 5,200 | $ 5,200 | $ 5,200 | $ 4,200 |
EBIT | $ 60,880 | $ 144,610 | $ 257,929 | $ 413,351 | $ 625,809 |
Interest Expense | $ 7,600 | $ 7,600 | $ 7,600 | $ 7,600 | $ 7,600 |
$ 53,280 | $ 137,010 | $ 250,329 | $ 405,751 | $ 618,209 | |
Taxable Income | $ 53,280 | $ 137,010 | $ 250,329 | $ 405,751 | $ 618,209 |
Income Tax Expense | $ 18,700 | $ 47,900 | $ 87,600 | $ 142,000 | $ 216,400 |
$ 34,580 | $ 89,110 | $ 162,729 | $ 263,751 | $ 401,809 | |
10% | 20% | 27% | 32% | 37% |
Balance Sheet
Include a balance sheet that shows your assets, liabilities, and equity. Your balance sheet should include:
- Assets : All of the things you own (including cash).
- Liabilities : This is what you owe against your company’s assets, such as accounts payable or loans.
- Equity : The worth of your business after all liabilities and assets are totaled and deducted from each other.
Sample Balance Sheet for a Startup Marketing Agency
Cash | $ 105,342 | $ 188,252 | $ 340,881 | $ 597,431 | $ 869,278 |
Other Current Assets | $ 41,600 | $ 55,800 | $ 74,800 | $ 90,200 | $ 121,000 |
Total Current Assets | $ 146,942 | $ 244,052 | $ 415,681 | $ 687,631 | $ 990,278 |
Fixed Assets | $ 25,000 | $ 25,000 | $ 25,000 | $ 25,000 | $ 25,000 |
Accum Depreciation | $ 5,200 | $ 10,400 | $ 15,600 | $ 20,800 | $ 25,000 |
Net fixed assets | $ 19,800 | $ 14,600 | $ 9,400 | $ 4,200 | $ 0 |
$ 166,742 | $ 258,652 | $ 425,081 | $ 691,831 | $ 990,278 | |
Current Liabilities | $ 23,300 | $ 26,100 | $ 29,800 | $ 32,800 | $ 38,300 |
Debt outstanding | $ 108,862 | $ 108,862 | $ 108,862 | $ 108,862 | $ 0 |
$ 132,162 | $ 134,962 | $ 138,662 | $ 141,662 | $ 38,300 | |
Share Capital | $ 0 | $ 0 | $ 0 | $ 0 | $ 0 |
Retained earnings | $ 34,580 | $ 123,690 | $ 286,419 | $ 550,170 | $ 951,978 |
$ 34,580 | $ 123,690 | $ 286,419 | $ 550,170 | $ 951,978 | |
$ 166,742 | $ 258,652 | $ 425,081 | $ 691,831 | $ 990,278 |
Cash Flow Statement
Include a cash flow statement showing how much cash comes in, how much cash goes out and a net cash flow for each year. The cash flow statement should include:
- Cash Flow From Operations
- Cash Flow From Investments
- Cash Flow From Financing
Below is a sample of a projected cash flow statement for a startup marketing agency .
Sample Cash Flow Statement for a Startup Marketing Agency
Net Income (Loss) | $ 34,580 | $ 89,110 | $ 162,729 | $ 263,751 | $ 401,809 |
Change in Working Capital | $ (18,300) | $ (11,400) | $ (15,300) | $ (12,400) | $ (25,300) |
Plus Depreciation | $ 5,200 | $ 5,200 | $ 5,200 | $ 5,200 | $ 4,200 |
Net Cash Flow from Operations | $ 21,480 | $ 82,910 | $ 152,629 | $ 256,551 | $ 380,709 |
Fixed Assets | $ (25,000) | $ 0 | $ 0 | $ 0 | $ 0 |
Net Cash Flow from Investments | $ (25,000) | $ 0 | $ 0 | $ 0 | $ 0 |
Cash from Equity | $ 0 | $ 0 | $ 0 | $ 0 | $ 0 |
Cash from Debt financing | $ 108,862 | $ 0 | $ 0 | $ 0 | $ (108,862) |
Net Cash Flow from Financing | $ 108,862 | $ 0 | $ 0 | $ 0 | $ (108,862) |
Net Cash Flow | $ 105,342 | $ 82,910 | $ 152,629 | $ 256,551 | $ 271,847 |
Cash at Beginning of Period | $ 0 | $ 105,342 | $ 188,252 | $ 340,881 | $ 597,431 |
Cash at End of Period | $ 105,342 | $ 188,252 | $ 340,881 | $ 597,431 | $ 869,278 |
You will also want to include an appendix section which will include:
- Your complete financial projections
- A complete list of your company’s business policies and procedures related to the rest of the business plan (marketing, operations, etc.)
- Any other documentation which supports what you included in the body of your business plan.
Writing a good business plan gives you the advantage of being fully prepared to launch and/or grow your marketing agency . It not only outlines your business vision but also provides a step-by-step process of how you are going to accomplish it.
If you are seeking funding from investors or lenders, it is especially important to have a well-written business plan that demonstrates the expertise and experience of your management team, as well as your company’s potential for financial success. By taking the time to write a detailed and comprehensive business plan, you will give your marketing agency the best chance for success.
Finish Your Marketing Agency Business Plan in 1 Day!
Wish there was a faster, easier way to finish your marketing agency business plan?
With our Ultimate Digital Marketing Agency Business Plan Template you can finish your plan in just 8 hours or less!
Other Helpful Articles
How To Write an Advertising Agency Business Plan + Template
How To Write a Creative Agency Business Plan + Template
How To Write a Digital Marketing Agency Business Plan + Template
How To Write a Digital Media Business Plan + Template
How To Write a Public Relations (PR) Agency Business Plan + Template
How To Write a Social Media Marketing Agency Business Plan + Template
Digital Marketing Agency Business Plan: Everything You Need To Know
Starting your own digital marketing agency can be both exciting and challenging. To succeed, having a solid foundation is essential, and that starts with crafting a comprehensive digital marketing agency business plan. This plan will help you outline your goals, strategies, and the steps you need to take to grow your agency. Whether you’re just getting started or looking to scale your business, a well-thought-out plan ensures you’re on the right track. Here’s everything you need to know to create a roadmap for your agency’s success.
Content Overview
Why You Need a Business Plan
Crafting a digital marketing agency business plan helps you clarify your vision and establish a clear path to success. This plan acts as your blueprint, outlining where you want your agency to go and how you intend to get there.
With a well-thought-out business plan , you can systematically address challenges and opportunities, making it easier to adjust strategies as your business evolves. A solid plan reflects your goals and demonstrates your commitment and preparedness, setting the stage for effective execution.
Key Components of a Digital Marketing Agency Business Plan
Executive summary.
Crafting your digital marketing agency business plan begins with an engaging executive summary. It should present a snapshot of your agency, outlining its mission and vision. Highlight your key objectives and strategies to capture what sets you apart.
This section is your chance to make a strong first impression, ensuring potential clients and investors understand your goals and your strategic approach to achieve them.
Company Description
In your digital marketing agency business plan, the company description offers insight into your agency’s history and background. Define your legal structure and ownership to clarify how your business is organized. Detail the services you offer, so readers can grasp what you bring to the table. This section helps establish credibility and outlines the foundational elements of your agency.
Market Analysis
Your digital marketing agency business plan should include a thorough market analysis. Identify your target market to show who you’re aiming to reach. Conduct a competitor analysis to understand the landscape and pinpoint industry trends and opportunities. This section demonstrates your market knowledge and highlights how you plan to navigate and leverage it.
Organizational Structure
An effective digital marketing agency business plan outlines your organizational structure. Define team roles and responsibilities to clarify how your agency operates. Include an organizational chart for a visual representation and detail your hiring plans and employee development strategies. This section helps illustrate how you’ll build and maintain a strong, effective team.
Service Offerings
Detailing your service offerings in the digital marketing agency business plan is crucial. Describe core services like SEO, PPC, and content marketing , and explain your pricing model. Highlight your unique selling proposition (USP) to show what makes your services stand out. This section should communicate the value you provide to clients.
Marketing and Sales Strategy
Your digital marketing agency business plan should feature a robust marketing and sales strategy. Outline your client acquisition methods and the marketing channels you’ll use, like social media or paid ads. Detail your sales funnel and lead conversion tactics to illustrate how you plan to attract and retain clients effectively.
Financial Plan
The financial plan section of your digital marketing agency business plan should cover revenue projections and pricing strategies. Budget for both marketing and operations to ensure you manage resources efficiently. Include a break-even analysis to demonstrate when your agency will become profitable, providing a clear financial roadmap .
Risk Management
Addressing risk management in your digital marketing agency business plan is essential. Identify potential risks that could impact your agency and outline mitigation strategies. Develop a contingency plan to show how you’ll handle unexpected challenges, ensuring your agency remains resilient and adaptable in a dynamic environment.
Steps to Develop and Implement Your Business Plan
Step 1: conduct market research.
Start with comprehensive market research to lay a solid foundation for your digital marketing agency business plan. Begin by understanding your potential clients’ needs and preferences. This insight will help you tailor your services to address specific pain points and desires.
Next, analyze your competitors—study their strengths and weaknesses to identify opportunities where your agency can excel. Recognizing gaps in their offerings can position your agency to stand out.
This thorough market research ensures that your digital marketing agency business plan is informed by real-world data, making it more effective in attracting and retaining clients. Remember, market trends and client expectations evolve, so continuous research will keep your strategies aligned with current demands and enhance your agency’s competitive edge.
Step 2: Define Your Niche and Services
Defining your niche and services is a key component of your digital marketing agency business plan. Selecting a specific market segment allows you to focus your efforts and become an expert.
Whether you specialize in social media management for tech startups or search engine optimization for local businesses, this focus helps differentiate your agency from others. Tailor your services to meet the unique demands of your chosen niche.
This targeted approach not only attracts clients looking for specialized expertise but also positions your agency as a leader in that field. By clearly defining your niche and aligning your services with it, your digital marketing agency business plan will effectively address market needs and create a strong brand identity.
Step 3: Build Your Team
Building a skilled team is essential to executing your digital marketing agency business plan successfully. Identify the key roles and skills required for your agency’s operations. Roles might include SEO experts , content creators, and digital ad specialists.
Recruitment strategies should focus on finding individuals with technical skills and the right cultural fit for your agency. An effective team brings expertise and collaborates seamlessly to achieve your agency’s goals.
Investing time in selecting the right team members ensures that a group capable of delivering high-quality results supports your digital marketing agency business plan. Remember, a cohesive and motivated team will be instrumental in driving your agency’s success and adapting to the ever-changing digital landscape.
Step 4: Set Up Operations
Efficient operations are a cornerstone of a successful digital marketing agency business plan. Start by developing Standard Operating Procedures (SOPs) to streamline your workflows and ensure consistency across all projects.
SOPs help in maintaining quality and efficiency as your team handles various tasks. Additionally, select the right tools and software to manage your agency’s day-to-day activities. From project management platforms to analytics tools , these resources facilitate smooth operations and effective client communication.
Setting up robust operations will enable you to manage campaigns efficiently, meet deadlines, and deliver results. By having these systems in place, your digital marketing agency business plan will be well-equipped to handle growth and provide exceptional service to your clients.
Step 5: Monitor and Adjust Your Plan
An essential aspect of your digital marketing agency business plan is the ability to monitor and adjust your strategies. Start by setting clear Key Performance Indicators (KPIs) and performance metrics to track your agency’s progress.
Regularly review these metrics to assess the effectiveness of your campaigns and overall business performance. Be prepared to make adjustments based on this data—refining your strategies, altering service offerings, or reallocating resources.
This iterative process ensures that your digital marketing agency business plan remains relevant and responsive to changes in the market. You’ll keep your agency on track toward achieving its goals and delivering optimal client results by continuously monitoring and adjusting.
Master Your Digital Marketing Agency Business Plan
In summary, crafting a solid digital marketing agency business plan is crucial for your success. Outlining your goals, strategies, and financial forecasts ensures a clear path to achieving your vision. Whether you’re just starting or looking to refine your approach, a well-thought-out plan will guide you through the challenges and opportunities ahead. Take control of your business’s future with a robust plan tailored to your needs.
Ready to elevate your digital marketing agency? At Flying V Group , we specialize in turning your vision into reality with top-notch strategies and unparalleled expertise. Let’s build a winning digital marketing agency business plan together— contact us today to get started!
What Are the Essential Components of a Digital Marketing Business Plan?
A digital marketing business plan should include a clear business overview, target audience analysis, competitive analysis, marketing and sales strategies, financial projections, and a budget. Define your unique value proposition, set measurable goals, and outline the tactics and tools you’ll use to achieve them. Review and adjust your plan to align with market trends and business growth.
How Can I Differentiate My Digital Marketing Agency in a Saturated Market?
Focus on your unique selling points to stand out in a saturated market. Develop a niche specialization, provide exceptional client service, and showcase case studies with measurable results. Invest in a strong brand identity and thought leadership through content marketing. Additionally, leveraging advanced technology or offering innovative solutions can help you differentiate from competitors.
What Are the Common Challenges When Starting a Digital Marketing Agency?
Starting a digital marketing agency often involves challenges such as securing clients, managing cash flow, and building a strong team. Competition is fierce, so establishing credibility and differentiating your services can be difficult. Staying updated with rapidly changing digital trends and technologies requires continuous learning and adaptation.
How Do I Set Pricing for My Digital Marketing Services?
Setting pricing involves analyzing costs, understanding the value of your services, and researching market rates. Consider factors such as service complexity, client budgets, and competitor pricing. Use pricing models like hourly rates, project-based fees, or retainer agreements. Ensure your pricing reflects the quality and results you deliver while being competitive in your market.
What Legal Aspects Should I Consider When Starting a Digital Marketing Agency?
Key legal aspects include registering your business, obtaining necessary licenses, and setting up contracts with clients to outline service terms and payment. Address intellectual property rights, data protection regulations (e.g., GDPR), and liability insurance. Consulting with a legal professional can help you navigate these requirements and ensure compliance with relevant laws and regulations.
Robb Fahrion is a Co-Founder and Partner of Flying V Group. Robb has helped over 350+ companies build their businesses online and is responsible for building Flying V Group into one of the premier marketing agencies in the United States. Robb and his team have managed over $10M in marketing budget and continue to accelerate the growth of clients’ businesses. A love for business and competition is what fuels Robb to create dynamic marketing plans to help his clients grow exponentially.
Written by Robb Fahrion
Digital marketing, 0 comment (s), september 17, 2024, recent posts.
- Exploring the Power of User-Generated Content October 2, 2024
- AI-Driven SEO for Healthcare Websites: Boosting Online Visibility October 2, 2024
- Marketing Success Starts with a Domain: How the Right Domain Name Can Boost SEO and Brand Visibility October 1, 2024
- Top 15 Property Marketing Agencies In 2024 September 20, 2024
- How To Pick The Best Social Media Marketing Agency For Small Business September 20, 2024
You may also like
Ai-driven seo for healthcare websites: boosting online visibility.
Oct 2, 2024
Reading Time: 7 minutes Boost your healthcare website’s SEO with AI. Learn about automation, voice search, and personalized content for better online visibility & patient engagement.
Top 15 Property Marketing Agencies In 2024
Sep 20, 2024
Reading Time: 8 minutes Discover the top property marketing agency in 2024 to elevate your brand, attract the right buyers, and stay competitive in the real estate market.
How To Pick The Best Social Media Marketing Agency For Small Business
Reading Time: 7 minutes Learn how to choose the right social media marketing agency for small business with these expert tips to boost your online presence and growth.
Submit a Comment Cancel reply
Your email address will not be published. Required fields are marked *
Submit Comment
- Sample Business Plans
- IT, Staffing & Customer Service
Digital Marketing Agency Business Plan
Digital marketing is the need of the hour for every business around. Be it expanding the presence of your business or growing one from scratch, digital marketing can come in very handy.
And that’s when a digital marketing agency comes into the picture. As there are a variety of things a digital marketing agency can do, these agencies have a wide spectrum of opportunities too.
And if you are a creative individual who has good people skills and a good knowledge of social media, a digital marketing agency can become a profitable business for you.
All you need is a digital marketing agency business plan to help you get going.
Industry Overview
The global digital marketing industry stood at a whopping value of 49.43 billion US dollars in 2020, and with the rapid growth of social media and online business promotions, it wouldn’t slow down anytime soon.
The major reason for this growth is the rising use of social media and the internet to gain information about products and services as well as to buy the same.
Also, content consumption is increasing every day, which contributes immensely to the growth of digital marketing.
Apart from all the above, as digital marketing is cheaper than traditional marketing methods its popularity is increasing, especially among small businesses.
Say goodbye to boring templates
Build your business plan faster and easier with AI
Plans starting from $7/month
Things to Consider Before Writing a Digital Marketing Agency Business Plan
Have a good team.
Digital marketing involves a variety of skills and specializations. Having a team of individuals who complement each other’s skills can take you a long way. Hence, it is essential to have a team that can help you through complicated projects and comes up with unique ideas to help your agency stand out. Also, if you get to combine it with brilliant execution, your agency is highly likely to get an upper hand over your competitors.
Build your online presence
Your online presence is not only important for promoting your business but also proof of how skilled you are at your job. After all, if you can build your business’s presence your clients are more likely to trust you with their businesses.
Pick your niche
As almost any business or organization can use the help of a digital marketing agency, it is essential to pick one that suits you the best before getting started. It helps you develop your expertise in that area and get better at more complex projects. Which eventually helps your business become profitable and build your brand’s identity as well.
Build a system to help you keep up with the trends
Marketing and social media today are highly influenced by trends. Memes are ruling the digital space and people like to see different perspectives from a brand on popular topics. Hence, it is important to develop a system that helps you stay updated with trending topics as well as new methodologies.
Chalking out Your Business Plan
With each passing day, the number of internet users is increasing. The world is changing much faster with the help of the internet, smartphones, smart televisions, and many other digital gadgets & technology.
Marketing is all about reaching out to your potential audience in all possible ways. Digital marketing is the best of them because people are spending most of their time on the internet.
Digital marketing includes Search Engine Optimization (SEO), Content Marketing, Social Media Marketing, Pay Per Click (PPC), Affiliate Marketing, Native Advertising, Email Marketing, Online PR, Sponsored content, Backlinks Generation, and many more services.
Before you start your digital marketing agency, it is important to have a clear business plan.
Writing Your Business Plan
If you are planning to start a new digital marketing business , the first thing you will need is a business plan. Use our sample Digital Marketing Business Plan created using upmetrics business plan software to start writing your business plan in no time.
Before you start writing your business plan for your new digital marketing agency, spend as much time as you can reading through some examples of advertising and marketing-related business plans .
Reading sample business plans will give you a good idea of what you’re aiming for, and also it will show you the different sections that different entrepreneurs include and the language they use to write about themselves and their business plans.
We have created this sample Digital Marketing Agency Business Plan for you to get a good idea about what a perfect digital marketing business plan should look like and what details you will need to include in your stunning business plan.
Digital Marketing Agency Business Plan Outline
This is the standard digital marketing agency business plan outline which will cover all the important sections that you should include in your business plan.
- Introduction
- Mission Statement
- Vision Statement
- Keys to Success
- 3 Year profit forecast
- Company Ownership
- SWOT Analysis
- Market Trends
- Target Market
- Competitive Advantage
- Payment Options
- Sales Forecast
- Sales Yearly
- Detailed Sales Forecast
- Personnel Plan
- Average Salaries
- Important Assumptions
- Brake-even Analysis
- Profit Yearly
- Gross Margin Yearly
- Projected Cash Flow
- Projected Balance Sheet
- Business Ratios
The Quickest Way to turn a Business Idea into a Business Plan
Fill-in-the-blanks and automatic financials make it easy.
Download a sample digital marketing business plan
Need help writing your business plan from scratch? Here you go; download our free digital marketing business plan pdf to start.
It’s a modern business plan template specifically designed for your digital marketing business. Use the example business plan as a guide for writing your own.
After getting started with Upmetrics , you can copy this sample business plan into your business plan and modify the required information and download your digital marketing agency business plan pdf or doc file. It’s the fastest and easiest way to start writing your business plan.
Related Posts
Internet Service Provider Business Plan
Advertising Agency Business Plan
Financial Plan for New Startups
10 Best AI Business Plan Generator
10 Key Elements of a Business Plan
Method for Customer Analysis
About the Author
Upmetrics Team
Upmetrics is the #1 business planning software that helps entrepreneurs and business owners create investment-ready business plans using AI. We regularly share business planning insights on our blog. Check out the Upmetrics blog for such interesting reads. Read more
Turn your business idea into a solid business plan
Explore Plan Builder
Plan your business in the shortest time possible
No Risk – Cancel at Any Time – 15 Day Money Back Guarantee
Create a great Business Plan with great price.
- 400+ Business plan templates & examples
- AI Assistance & step by step guidance
- 4.8 Star rating on Trustpilot
Streamline your business planning process with Upmetrics .
IMAGES
VIDEO
COMMENTS
Crafting a digital marketing agency business plan is essential for entrepreneurs and small business owners. By following the steps outlined in this guide, you can create a comprehensive plan that sets your agency up for success.
Explore a real-world digital marketing agency business plan example and download a free template with this information to start writing your own business plan.
If you’re looking to start a digital marketing agency or grow your existing digital marketing agency, you need a business plan. A business plan will help you raise funding, if needed, and plan out the growth of your digital marketing agency to improve your chances of success.
Learn the step-by-step process for writing a successful marketing agency business plan that will help you start, grow and/or raise funding for your business.
Your digital marketing agency business plan should feature a robust marketing and sales strategy. Outline your client acquisition methods and the marketing channels you’ll use, like social media or paid ads.
Create a winning digital marketing agency business plan with our expert guidance and templates. Secure funding and achieve success in a highly competitive industry.