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	<title>Comments on: an existing business model for digital agencies</title>
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	<link>http://whatconsumesme.com/2009/posts-ive-written/an-existing-business-model-for-digital-agencies/</link>
	<description>marketing meets culture</description>
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		<title>By: George Nimeh</title>
		<link>http://whatconsumesme.com/2009/posts-ive-written/an-existing-business-model-for-digital-agencies/comment-page-1/#comment-1706</link>
		<dc:creator>George Nimeh</dc:creator>
		<pubDate>Thu, 14 May 2009 22:22:50 +0000</pubDate>
		<guid isPermaLink="false">http://whatconsumesme.com/?p=1558#comment-1706</guid>
		<description>Bud, the Medici family is dead. 
Long live Richard Branson? 
Red Bull does a tiny bit of that, but not much. 
Seriously, I think it is wishful thinking.</description>
		<content:encoded><![CDATA[<p>Bud, the Medici family is dead.<br />
Long live Richard Branson?<br />
Red Bull does a tiny bit of that, but not much.<br />
Seriously, I think it is wishful thinking.</p>
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		<title>By: Bud Caddell</title>
		<link>http://whatconsumesme.com/2009/posts-ive-written/an-existing-business-model-for-digital-agencies/comment-page-1/#comment-1705</link>
		<dc:creator>Bud Caddell</dc:creator>
		<pubDate>Thu, 14 May 2009 19:47:41 +0000</pubDate>
		<guid isPermaLink="false">http://whatconsumesme.com/?p=1558#comment-1705</guid>
		<description>@George, et al.

I&#039;ve always been a big believer in brands courting a diverse portfolio of independent makers of cool stuff; the modern version of a benefactor of work.

Here&#039;s a $5k grant, go make more amazing things.</description>
		<content:encoded><![CDATA[<p>@George, et al.</p>
<p>I&#8217;ve always been a big believer in brands courting a diverse portfolio of independent makers of cool stuff; the modern version of a benefactor of work.</p>
<p>Here&#8217;s a $5k grant, go make more amazing things.</p>
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		<title>By: George Nimeh</title>
		<link>http://whatconsumesme.com/2009/posts-ive-written/an-existing-business-model-for-digital-agencies/comment-page-1/#comment-1704</link>
		<dc:creator>George Nimeh</dc:creator>
		<pubDate>Thu, 14 May 2009 19:43:50 +0000</pubDate>
		<guid isPermaLink="false">http://whatconsumesme.com/?p=1558#comment-1704</guid>
		<description>Constant communication. 

or

Lots of little. 

or

Iterative creation. 

or 

Whatever you wanna call it ... It is what&#039;s required. 

What&#039;s also required is a risk/reward compensation model: The idea of asking a client for $500K and going off to develop 100 ideas (or whatever) is a bit far-fetched. Getting the cash to develop them (however much it costs) and getting paid upside on the results of those that work is probably more realistic.</description>
		<content:encoded><![CDATA[<p>Constant communication. </p>
<p>or</p>
<p>Lots of little. </p>
<p>or</p>
<p>Iterative creation. </p>
<p>or </p>
<p>Whatever you wanna call it &#8230; It is what&#8217;s required. </p>
<p>What&#8217;s also required is a risk/reward compensation model: The idea of asking a client for $500K and going off to develop 100 ideas (or whatever) is a bit far-fetched. Getting the cash to develop them (however much it costs) and getting paid upside on the results of those that work is probably more realistic.</p>
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		<title>By: Michael Maurillo</title>
		<link>http://whatconsumesme.com/2009/posts-ive-written/an-existing-business-model-for-digital-agencies/comment-page-1/#comment-1702</link>
		<dc:creator>Michael Maurillo</dc:creator>
		<pubDate>Thu, 14 May 2009 15:57:28 +0000</pubDate>
		<guid isPermaLink="false">http://whatconsumesme.com/?p=1558#comment-1702</guid>
		<description>Enjoying this debate as each comment here and at mike&#039;s blog seem to be driving towards a better definition of mike&#039;s original thought.

For me I think this has the greatest opportunity to work when it&#039;s fitted into an agency model as a service offering. Basically taking mike&#039;s process of developing and implementing &quot;100 ideas&quot; fast and offering it to clients when it is most appropriate. 

I can see how &quot;100 ideas&quot; works in some situations based on client initiatives, but I struggle to see the ability for an agency model to be built on doing just this. I guess you could be super-specialized and be the go-to agency for this type of approach, but then who at the end of the day makes the initial recommendation to a client that gets them to you in the first place? 

It&#039;s a big leap for a business to do it this way, and as a result it requires a HIGH level of trust that a client must have in their partner is for it to work. That type of trust, IMO, isn&#039;t given typically to first-time partners. It is built over the long-term. Which.... sorry, this string just got pretty long... is why I think the approach is better suited as one of many services, rather than the only service, you can provide a client.... I have already thought of 3 initiatives I&#039;ve worked on in the past that this would have been great for!</description>
		<content:encoded><![CDATA[<p>Enjoying this debate as each comment here and at mike&#8217;s blog seem to be driving towards a better definition of mike&#8217;s original thought.</p>
<p>For me I think this has the greatest opportunity to work when it&#8217;s fitted into an agency model as a service offering. Basically taking mike&#8217;s process of developing and implementing &#8220;100 ideas&#8221; fast and offering it to clients when it is most appropriate. </p>
<p>I can see how &#8220;100 ideas&#8221; works in some situations based on client initiatives, but I struggle to see the ability for an agency model to be built on doing just this. I guess you could be super-specialized and be the go-to agency for this type of approach, but then who at the end of the day makes the initial recommendation to a client that gets them to you in the first place? </p>
<p>It&#8217;s a big leap for a business to do it this way, and as a result it requires a HIGH level of trust that a client must have in their partner is for it to work. That type of trust, IMO, isn&#8217;t given typically to first-time partners. It is built over the long-term. Which&#8230;. sorry, this string just got pretty long&#8230; is why I think the approach is better suited as one of many services, rather than the only service, you can provide a client&#8230;. I have already thought of 3 initiatives I&#8217;ve worked on in the past that this would have been great for!</p>
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		<title>By: nathan</title>
		<link>http://whatconsumesme.com/2009/posts-ive-written/an-existing-business-model-for-digital-agencies/comment-page-1/#comment-1701</link>
		<dc:creator>nathan</dc:creator>
		<pubDate>Thu, 14 May 2009 08:03:56 +0000</pubDate>
		<guid isPermaLink="false">http://whatconsumesme.com/?p=1558#comment-1701</guid>
		<description>We are working that model, we call it constant communication, we are RIOT.</description>
		<content:encoded><![CDATA[<p>We are working that model, we call it constant communication, we are RIOT.</p>
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		<title>By: Alan Wolk</title>
		<link>http://whatconsumesme.com/2009/posts-ive-written/an-existing-business-model-for-digital-agencies/comment-page-1/#comment-1697</link>
		<dc:creator>Alan Wolk</dc:creator>
		<pubDate>Wed, 13 May 2009 20:56:54 +0000</pubDate>
		<guid isPermaLink="false">http://whatconsumesme.com/?p=1558#comment-1697</guid>
		<description>Funny thing is, agencies used to do a lot of this.

Think back to the &#039;60s. Mary Wells Lawrence put her Wells, Rich, Greene agency on the map not by doing an ad, but by redesigning the uniforms that Braniff stewardesses wore (and they were called stewardesses back then) and painting the planes all sorts of psychedelic colors.

At some point though they got derailed into focusing exclusively on craft and clients began to view their value as the ability to choose the exact right shade of blue.

We need to get back to the days where clients want to pay for ideas and where the ideas are deemed more important than the executions that flow out of them.

Mike, Bed et al are offering a good blueprint for getting there.</description>
		<content:encoded><![CDATA[<p>Funny thing is, agencies used to do a lot of this.</p>
<p>Think back to the &#8217;60s. Mary Wells Lawrence put her Wells, Rich, Greene agency on the map not by doing an ad, but by redesigning the uniforms that Braniff stewardesses wore (and they were called stewardesses back then) and painting the planes all sorts of psychedelic colors.</p>
<p>At some point though they got derailed into focusing exclusively on craft and clients began to view their value as the ability to choose the exact right shade of blue.</p>
<p>We need to get back to the days where clients want to pay for ideas and where the ideas are deemed more important than the executions that flow out of them.</p>
<p>Mike, Bed et al are offering a good blueprint for getting there.</p>
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		<title>By: Bud Caddell</title>
		<link>http://whatconsumesme.com/2009/posts-ive-written/an-existing-business-model-for-digital-agencies/comment-page-1/#comment-1696</link>
		<dc:creator>Bud Caddell</dc:creator>
		<pubDate>Wed, 13 May 2009 17:57:44 +0000</pubDate>
		<guid isPermaLink="false">http://whatconsumesme.com/?p=1558#comment-1696</guid>
		<description>Thanks for the great comments.

@Matt - There&#039;s a thin difference between being in the business of selling thinking, and being in the business of selling ideas. Ideas on their own are fragile things that need nurturing. We sell strategy that comes with frameworks for idea development. I&#039;m not sure this is something that creative agencies are set up to be competitive at.

Which dovetails nicely to @Mike&#039;s comment - his model is specifically meant for agencies that want to stay on the production side of things. I still don&#039;t believe that is ultimately scalable, though I&#039;d love to be proved wrong.</description>
		<content:encoded><![CDATA[<p>Thanks for the great comments.</p>
<p>@Matt &#8211; There&#8217;s a thin difference between being in the business of selling thinking, and being in the business of selling ideas. Ideas on their own are fragile things that need nurturing. We sell strategy that comes with frameworks for idea development. I&#8217;m not sure this is something that creative agencies are set up to be competitive at.</p>
<p>Which dovetails nicely to @Mike&#8217;s comment &#8211; his model is specifically meant for agencies that want to stay on the production side of things. I still don&#8217;t believe that is ultimately scalable, though I&#8217;d love to be proved wrong.</p>
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		<title>By: Mike Arauz</title>
		<link>http://whatconsumesme.com/2009/posts-ive-written/an-existing-business-model-for-digital-agencies/comment-page-1/#comment-1695</link>
		<dc:creator>Mike Arauz</dc:creator>
		<pubDate>Wed, 13 May 2009 17:50:00 +0000</pubDate>
		<guid isPermaLink="false">http://whatconsumesme.com/?p=1558#comment-1695</guid>
		<description>I&#039;m a big fan of the Coudal and Anomaly models, too. But, in order to be successful with that model, you need to be in the business of creating businesses.

This should definitely be considered by every agency out there.

I see my idea as an alternative for agencies who want to stay in the business of creative, just with a different product.</description>
		<content:encoded><![CDATA[<p>I&#8217;m a big fan of the Coudal and Anomaly models, too. But, in order to be successful with that model, you need to be in the business of creating businesses.</p>
<p>This should definitely be considered by every agency out there.</p>
<p>I see my idea as an alternative for agencies who want to stay in the business of creative, just with a different product.</p>
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		<title>By: Matt Anderson</title>
		<link>http://whatconsumesme.com/2009/posts-ive-written/an-existing-business-model-for-digital-agencies/comment-page-1/#comment-1694</link>
		<dc:creator>Matt Anderson</dc:creator>
		<pubDate>Wed, 13 May 2009 17:39:45 +0000</pubDate>
		<guid isPermaLink="false">http://whatconsumesme.com/?p=1558#comment-1694</guid>
		<description>Yeah. It seems you&#039;re not really offering a rebuttal to Mike&#039;s post... more of a redirection. Every agency is certainly looking toward the future of client relationships. CP+B has hired industrial designers to start looking at directly creating products themselves. Anomaly is launching make-up kits. The trend has started. 

But there are still clients out there engaging agencies to do work. And those clients are used to getting ideas for free and paying for execution. It can&#039;t be said enough... the trick of the immediate future is going to be reframing every conversation around ideas and letting execution take a appropriate role (whether large or small).

At any rate, this conversation is fascinating. I love that we&#039;re still talking about it.</description>
		<content:encoded><![CDATA[<p>Yeah. It seems you&#8217;re not really offering a rebuttal to Mike&#8217;s post&#8230; more of a redirection. Every agency is certainly looking toward the future of client relationships. CP+B has hired industrial designers to start looking at directly creating products themselves. Anomaly is launching make-up kits. The trend has started. </p>
<p>But there are still clients out there engaging agencies to do work. And those clients are used to getting ideas for free and paying for execution. It can&#8217;t be said enough&#8230; the trick of the immediate future is going to be reframing every conversation around ideas and letting execution take a appropriate role (whether large or small).</p>
<p>At any rate, this conversation is fascinating. I love that we&#8217;re still talking about it.</p>
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		<title>By: Tina Glengary</title>
		<link>http://whatconsumesme.com/2009/posts-ive-written/an-existing-business-model-for-digital-agencies/comment-page-1/#comment-1693</link>
		<dc:creator>Tina Glengary</dc:creator>
		<pubDate>Wed, 13 May 2009 17:22:03 +0000</pubDate>
		<guid isPermaLink="false">http://whatconsumesme.com/?p=1558#comment-1693</guid>
		<description>agreed! i really liked mike&#039;s post and agree that we need to move in that direction. the idea of scoping a project at the time of an RFP seems ridiculous, and only really makes sense for large microsites. being paid for ideas (not time) makes sense for everyone -- clients, agencies and most of all users. 

it will take a while, but i think we&#039;re headed to a better place.</description>
		<content:encoded><![CDATA[<p>agreed! i really liked mike&#8217;s post and agree that we need to move in that direction. the idea of scoping a project at the time of an RFP seems ridiculous, and only really makes sense for large microsites. being paid for ideas (not time) makes sense for everyone &#8212; clients, agencies and most of all users. </p>
<p>it will take a while, but i think we&#8217;re headed to a better place.</p>
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