Starting a digital agency requires a great deal of effort, dedication, and most importantly passion.
If you're interested in how to sell digital agency, or selling digital agency online, you can use this page as a guide for everything you'll need to know.
Want to learn more? You can check out our full guide on how to start a digital agency ➜
|Min Startup Costs||Max Startup Costs|
|Office Space Expenses||$35||$3,250|
|Employee & Freelancer Expenses||$0||$5,500|
|Equipment & Supply Expenses||$550||$6,000|
|Business Formation Fees||$600||$4,700|
|App Creation Costs||$1,000||$20,000|
|Advertising & Marketing Costs||$0||$2,550|
|Total Startup Costs||$2,567||$52,344|
|Digital Academy 360||digitalacademy360.com||#21,431|
|City and County of San Francisco||sfgov.org||#30,979|
|LaRochester Digital Agency||larochester-digital-agency.ueniweb.com||#37,157|
|Blue Fountain Media||bluefountainmedia.com||#39,788|
|El Salvador Times||elsalvadortimes.com||#41,715|
|Digital Marketing for Local Businesses||revlocal.com||#72,993|
|Online Printing for Everyone from Digital Room||digitalroominc.com||#99,553|
|Top Digital Agency||topdigital.agency||#103,008|
|Online Marketing Gurus||onlinemarketinggurus.com.au||#104,522|
|Flexibility||You can put as much time into the business as you'd like. If you like the work and have some initial experience, you can start small and manage all aspects of the business on your own.|
|Ability to start your business from home||It's not necessary to have a physical storefront or office space to get your business started. You can do everything from the comfort of your own home, at least in the beginning!|
|Rewarding work||Starting a digital agency can be really rewarding work. After all, you are solving an immediate issue for your customer and you're working on something you truly care about.|
|Traffic to your website||A digital agency gives people a reason to visit your website and to keep coming back to you!|
|Meaningful business connections||You never know who you will meet or get to work with for your digital agency. This could be the start of an incredible business opportunity!|
|High customer retention rates||Once a customer invests in your product, they've invested their time and energy to utilize your product/service which is highly valuable to them. Typically, your digital agency becomes an integral piece of their every day lives.|
|Motivation of employees||If you plan to have a sales/content team on board, finding creative ways to motivate them can be a challenge. It's important that you're able to offer great incentives and a good work environment for your employees.|
|Low margins||The gross margins for your digital agency are typically around 20%, which can make it more challenging to incur new expenses and maintain profitability.|
|High employee turnover||In the digital agency, employee turnover is often high, which can be quite costly and time consuming for your business. It's important to try and avoid this as much as possible by offering competitive pay, benefits, and a positive work environment.|
|Stressful work||This line of work can be stressful for both you and your clients. This type of transaction is a significant financial decision for your client, so expectations are very high for you. Although this career path can be very rewarding, it also comes with its challenges and stressful moments.|
|High overhead expenses||With starting a digital agency, there are overhead expenses that come with selling a physical product. You will want to make sure you strategically budget for these overhead costs. We discuss this more in the startup costs section below.|
|You may need to charge sales tax||If you are selling your products in various states, you may be required to charge sales tax. Although this may not impact your financials specifically, it can be a headache to create a process and procedure for this. To learn more about sales tax, check out [this article](https://www.thebalancesmb.com/do-i-need-to-collect-sales-taxes-in-my-state-398913)|
An affiliate program is a way to reward people outside your organization to share your product.
The most tried and true way to grow a digital agency is through word of mouth - some entrepreneurs would say it's more important than all social media.
Social media advertising is one of the leading ways to get the word out when it comes to digital agency.
There are various different Social Media platforms available to you. Some may be more critical for your marketing efforts than others, however, it's important to have an understanding of what's out there and available to you.