How profitable is the advertising agency business

[Favour67]

I have heard alot about starting up an advertising agency and how profitable it can be and I have seen some people who are doing well there also. I also want to know how it works and how profitable it can be.

 

[Presido]

Actually, I don't really know much about how profitable it is or it will be but I also believe there is no business without profit, it's just that you have to Know the strategy you need to apply for that business

 

[Sincerem]

I have heard alot about starting up an advertising agency and how profitable it can be and I have seen some people who are doing well there also. I also want to know how it works and how profitable it can be.

I think this advertising agency you're talking about, are those advertising network that helps showcase your products to people that uses their site to make some reward. It is somehow beneficial to advertise through them but not the best option to the get the right traffic. If you need right traffic generation to your site. Promote your site via social media, or through sponsored contents, write quality and an inspiring articles that rank top of any search engine platforms.

 

[Ralphjoe]

It is profitable only when the team at the advertising company are actually very good enough with their clients, if they don't have clients then they won't be able to make gains and it won't be profitable anymore.

 

[Ridorz]

Advertising agency is profitable. Its practitioners are earning a lot of money, They are making millions from it. Though the work is not easy especially in terms of getting who to offer service for.

 

[Goodday]

I have heard alot about starting up an advertising agency and how profitable it can be and I have seen some people who are doing well there also. I also want to know how it works and how profitable it can be.

Yeah, it's profitable but I don't think it's the right way to generate some traffic to your business. These advertising agencies are those that help you showcase your products to their users in terms of asking you to pay a fee. I suggest you should make good use of the social medias because they seems to be the best way of generating real and organic traffic.

 

[Alexandoy]

This opinion is based on my observation. When my cousin got married his first job was an advertising assistant. It was not a company yet, just a single proprietor and there were only 2 staff aside from the owner. After 2 years my cousin had bought a used car that he parked in our home because he lived in a nearby apartment with no garage. After 5 years, he bought another car, a Brazilia Volkswagen that is brand new. From then on the progress continued until he left the apartment to buy a home in a classy village to have space for his 7 vehicles. That's how profitable an advertising agency is considering that my cousin is just an employee.

 

[Trexxxy]

It is a very profitable business, however you have to have the right people and skills , I know someone who has a business marketing agency, and he charges $2k per clients, he is extremely good at it , after spending years acquiring knowledge, paid for classes from top gurus like tai Lopez and grant Cordone. He is doing quite well now.

 

[Seun4luv]

The average marketing agency earns a net profit margin between 10and 15 percent with digital agencies reporting even higher margins around 30percent. If your agency is in the lower range between 5 and 10percent — there is a good chance a few strategic changes will improve your margins considerably

 

[Adexgrace]

Advertising agency business is profitable this days because for rapid running of sales in the business, advertisement is very important and necessary, and as well it is very profitable. Because it is the soul of business and organization.

 

[MastetG]

There are a variety of different advertisingapproaches that your small business can take. You can focus on digital ad platforms, including Facebook, Twitter, LinkedIn, YouTube and Google AdWords. Or, you can choose more traditional advertising mediums, including newspapers, radio and local TV.

 

[Snobar Bilal]

Advertising agency business is very profitable business because everyone needs more customers for run their business and more customers comes through advertising. Advertising is very compulsory because peoples aware through advertising.So its a profitable and lucrative business.

 

[Kelvin7656]

I’ll just speak to advertising. Maybe there are some things that will help answer about marketing in general.

There’s no question that people can make good money in advertising. Overall, though, I’d say you should keep your profit expectations down - that advertising is middle of the road in profitability.

A few comments:

• Media is the most reliably profitable part of advertising - especially agencies place large media budgets on behalf of clients who collect commission on those.
• When investors purchase agencies as an investment strategy, it’s generally for the media business associated with the agency. And watching a few investor purchases from afar, those made for other reasons have turned into media profit seeking once the investors learned that was the only reliable way to get investment style returns.
• For a smaller agency, you need to be in the business for the lifestyle and the work in addition to profits. Because they’ll never compete with huge profits elsewhere.
• Large agencies drive up profits with bulk advertising delivery. Despite a lot of hoo-hah about creativity, the big multi-national agencies hire cannon fodder entry level workers to churn out creative. They make their profits by being able to charge high rates for their work and for placing the media to put their work out.

My own belief has become that when profit becomes the primary goal of an agency (big or small) it stops delivering important, effective work. That doesn’t mean the profit stops. But if you’re a client, you need agencies who are focused on what matters to YOU…and that’s not helping build their profits as high as possible.

 

[Abibatabosede]

There is a great opportunity for marketing agents to make a lot of profit in the business because it is a highly profitable business.If you as a marketing agent could sell your self well, you will have the opportunity to make it through individuals and companies that are attracted to your advertisement.

 

[shakky2]

advertising agency business is a profitable one for a person who is best at what he/she does.in advertising business there are so many competition since we are in digital world and so many business owners will like to see their business boom but the key thing os how you are able to upgrade yourself for new trends and wants by the people

 

[joy101]

Advertising agent business is very profitable business, because everybody needs more customers to run their business, customers comes through advertising your products give you the opportunity to have more customers in your business.

 

[Oliver 20]

Creative people work for ad agencies. They have both costly ideas and low budget ideas. They can implement any kind of strategy only when the client agrees with the idea and confirms his budget. There are various things to consider for the budget and payments. Its basically based on the product, targeted people and many other factors.

 

[tuna89]

When it comes so public relations.. advertising agencies really earn a lot. Their services and needed by different companies for brand improvement through advertisements in the newspapers on the social media on television and on billboards and these costs a lot. The politicians during elections make use of advertising agencies for wide publicity comma therefore it is a very profitable business.

 

[Jonaville1]

An advertising agency is not a bad idea, although it can be hard to manage when you are just starting out. Moreover, I think in my country people don't really enjoy the service of an advertising agency again. There are radio and TV stations for that. Not to mention the social media platforms.

 

[Nurudeen]

Advertising agency is a company or platform where they help small and big companies to promote their products and services. This can be done though the use of offline and online marketing. But if you are going into this business. You need to learn Digital media marketing and social media marketing Digital skills so that it will be easy for you to promote customers services online.