{"id":1749,"date":"2014-06-13T18:06:59","date_gmt":"2014-06-13T18:06:59","guid":{"rendered":"https:\/\/sparktoro.com\/blog\/?p=1749"},"modified":"2014-06-13T18:08:10","modified_gmt":"2014-06-13T18:08:10","slug":"making-agency-numbers-transparent","status":"publish","type":"post","link":"https:\/\/sparktoro.com\/blog\/making-agency-numbers-transparent\/","title":{"rendered":"Making Agency Numbers More Transparent"},"content":{"rendered":"<p>Benchmarks are an incredible tool for business owners and operators. They tell us where we sit on the spectrum and make our\u00a0strengths and weaknesses transparent. Without them, we&#8217;re often left to wonder &#8211; am I any good at this?<\/p>\n<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-1751 size-full\" src=\"https:\/\/images.sparktoro.com\/blog\/wp-content\/uploads\/2017\/10\/kitchen-pie-chart.jpg\" alt=\"kitchen-pie-chart\" width=\"540\" height=\"373\" \/><br \/><sub>(Kitchen pie chart <a href=\"http:\/\/www.behance.net\/gallery\/6509563\/Colour-and-Space-by-Jotun\">via\u00a0Jotun T\u00fcrkiye<\/a>)<\/sub><\/p>\n<p>Here&#8217;s\u00a0a conversation I recently had with the founder of a marketing\u00a0agency:<\/p>\n<p style=\"text-align: left; padding-left: 30px;\"><strong>Founder:<\/strong> How much should we be paying for entry level consultants?<\/p>\n<p style=\"text-align: left; padding-left: 30px;\"><strong>Rand:<\/strong> Maybe Payscale or Salary.com have good numbers?<\/p>\n<p style=\"text-align: left; padding-left: 30px;\"><strong>Founder:<\/strong> They&#8217;re all over the place &#8211; and not specific enough to our field. I&#8217;m competing with other search agencies for talent and clients, not the lumped-together buckets of consulting jobs those sites use.<\/p>\n<p style=\"text-align: left; padding-left: 30px;\"><strong>Rand:<\/strong> Yeah, that&#8217;s totally frustrating.<\/p>\n<p style=\"text-align: left; padding-left: 30px;\"><strong>Founder:<\/strong> What about estimating employee tenure? Or average client retention? Or pricing? We&#8217;re trying to figure this stuff out with no idea of the broader landscape. Are we doing a good job? Are we way behind the curve in some areas?<\/p>\n<p style=\"text-align: left; padding-left: 30px;\"><strong>Rand:<\/strong> You know&#8230; I might actually be able to help with that.<\/p>\n<p style=\"text-align: left;\">When I left their offices, I had already emailed myself to work on a survey to send out to agency owners\/founders\/CEOs. My hope is that by collecting, anonymizing, and then aggregating data, we can help give some benchmarks to\u00a0the\u00a0operators of search, content, and inbound marketing agencies.<\/p>\n<p style=\"text-align: left;\"><!--more--><\/p>\n<p style=\"text-align: left;\">As a startup in the technology world, Moz has access to tons of great stats around salaries, costs, key metrics, and customer data. The software world publishes a tremendous amount on these topics, and investors (like Foundry and Ignition, who put money into Moz) can provide us with even more data. But for independent agencies in the inbound\/content\/SEO world, accessing these\u00a0kinds of trustworthy, usable numbers\u00a0is much more difficult. Hence, I&#8217;ve <a href=\"https:\/\/www.surveymonkey.com\/s\/3RRQWDH\">built a survey<\/a> whose results I surmise might help:<\/p>\n<p style=\"text-align: center;\"><a href=\"https:\/\/www.surveymonkey.com\/s\/3RRQWDH\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-1753\" src=\"https:\/\/images.sparktoro.com\/blog\/wp-content\/uploads\/2017\/10\/agency-survey.gif\" alt=\"agency-survey\" width=\"400\" height=\"506\" \/><\/a><\/p>\n<p style=\"text-align: center;\">If you&#8217;re an agency owner\/founder\/CEO\/exec, <a href=\"https:\/\/www.surveymonkey.com\/s\/3RRQWDH\">please take the survey here<\/a><\/p>\n<p style=\"text-align: left;\">I plan to collect data for a couple weeks, and hopefully gather a few dozen to a few hundred total responses, then publish the averages and distributions by country (for any country where there&#8217;s critical mass). Generally speaking, this is geared toward those agencies with 5-250 employees, but if you&#8217;re smaller (or a solo consultant), feel free to enter your information as well and I can break out independent consultants as a separate group if we have enough responses.<\/p>\n<p style=\"text-align: left;\">A few compromises were required &#8211; making a survey short enough to be tolerable yet include enough questions to make it truly useful is a careful balancing act. This one&#8217;s 35 questions in total, primarily multiple choice (which are generally the easiest variety to answer), and should take less than 15 minutes to complete.<\/p>\n<p style=\"text-align: left;\">Any help spreading is much appreciated, as it will make the data more robust and more useful.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Benchmarks are an incredible tool for business owners and operators. They tell us where we sit on the spectrum and make our\u00a0strengths and weaknesses transparent. Without them, we&#8217;re often left to wonder &#8211; am I any good at this? (Kitchen pie chart via\u00a0Jotun T\u00fcrkiye) Here&#8217;s\u00a0a conversation I recently had with the founder of a marketing\u00a0agency:<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8,5,1],"tags":[],"class_list":["post-1749","post","type-post","status-publish","format-standard","hentry","category-data","category-hiring","category-startups"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Making Agency Numbers More Transparent - SparkToro<\/title>\n<meta name=\"description\" content=\"Benchmarks are an incredible tool for business owners and operators. 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They tell us where we sit on the spectrum and make our\u00a0strengths and weaknesses\" \/>\n<meta property=\"og:url\" content=\"https:\/\/sparktoro.com\/blog\/making-agency-numbers-transparent\/\" \/>\n<meta property=\"og:site_name\" content=\"SparkToro\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/facebook.com\/sparktoro\" \/>\n<meta property=\"article:published_time\" content=\"2014-06-13T18:06:59+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2014-06-13T18:08:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/sparktoro.com\/blog\/wp-content\/uploads\/2017\/10\/kitchen-pie-chart.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"540\" \/>\n\t<meta property=\"og:image:height\" content=\"373\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Rand Fishkin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@sparktoro\" \/>\n<meta name=\"twitter:site\" content=\"@sparktoro\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Rand Fishkin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/sparktoro.com\\\/blog\\\/making-agency-numbers-transparent\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/sparktoro.com\\\/blog\\\/making-agency-numbers-transparent\\\/\"},\"author\":{\"name\":\"Rand Fishkin\",\"@id\":\"https:\\\/\\\/sparktoro.com\\\/blog\\\/#\\\/schema\\\/person\\\/2acd0781db4d1905cecfec9bea406570\"},\"headline\":\"Making Agency Numbers More Transparent\",\"datePublished\":\"2014-06-13T18:06:59+00:00\",\"dateModified\":\"2014-06-13T18:08:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/sparktoro.com\\\/blog\\\/making-agency-numbers-transparent\\\/\"},\"wordCount\":482,\"commentCount\":3,\"image\":{\"@id\":\"https:\\\/\\\/sparktoro.com\\\/blog\\\/making-agency-numbers-transparent\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/images.sparktoro.com\\\/blog\\\/wp-content\\\/uploads\\\/2017\\\/10\\\/kitchen-pie-chart.jpg\",\"articleSection\":[\"Data\",\"Hiring\",\"Startups\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/sparktoro.com\\\/blog\\\/making-agency-numbers-transparent\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/sparktoro.com\\\/blog\\\/making-agency-numbers-transparent\\\/\",\"url\":\"https:\\\/\\\/sparktoro.com\\\/blog\\\/making-agency-numbers-transparent\\\/\",\"name\":\"Making Agency Numbers More Transparent - SparkToro\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/sparktoro.com\\\/blog\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/sparktoro.com\\\/blog\\\/making-agency-numbers-transparent\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/sparktoro.com\\\/blog\\\/making-agency-numbers-transparent\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/images.sparktoro.com\\\/blog\\\/wp-content\\\/uploads\\\/2017\\\/10\\\/kitchen-pie-chart.jpg\",\"datePublished\":\"2014-06-13T18:06:59+00:00\",\"dateModified\":\"2014-06-13T18:08:10+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/sparktoro.com\\\/blog\\\/#\\\/schema\\\/person\\\/2acd0781db4d1905cecfec9bea406570\"},\"description\":\"Benchmarks are an incredible tool for business owners and operators. 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