01/04/2023
Ok, maybe Muhammad Ali didn't say this, but it sounds like something he would have said!đ Ali was a marketing and PR genius. If he were in business today, it's a safe bet he'd be against percent-based marketing support services, too.
Let's be honest: A marketing strategist whose pay increases with your marketing budget cannot be an unbiased guide. Contractors need advice they can trust, knowing the strategies deployed are designed to impact their bottom line. However, when a consultant collects a percentage of your marketing spend, their interests align more with the agency's bottom line than yours.
Ad agencies often base their fees on a percent of your ad budget, and while there are significant downsides to this, it is the industry standard. However, when it comes to marketing strategy and support, you need a partner who will not hesitate to slash ad budgets and scrap underperforming services if necessary. When a consultant adds a second layer of expense to your already high agency fees, making serious budgetary changes means cutting their own pay. This puts even the most well-intentioned consultant in a questionable position.
Think about it: Would you ever pay an employee a percentage of how much money they *spend*? Of course not! Pay based on profit? Sure! Pay based on revenue? You bet! But...pay based on how much money they spend? Not so much.
Our team has over a decade of experience in contractor marketing, and we provide the best support in the business for a simple flat monthly rate. Call or text 580-647-8400 to learn more, or book a free 15-minute call at https://tbg.ai/intro. We want to be in your corner!đĽ In fact, we already are.