About this Episode
In this episode of the Agency Profit Podcast, Marcel chats with John Meyer, a seasoned agency owner and now business coach at Leadmore. John shares his experience building and selling the successful agency Lemonly, emphasizing how focusing on a specific service like infographics helped them land big-name clients. He introduces his “product ladder” framework, explaining how agencies can offer a range of services, from custom solutions to DIY resources, to better serve clients at different levels and ultimately increase profitability without losing their niche. Drawing from his own journey and coaching work, John offers relatable insights on how agencies can strategically expand their offerings and build a more resilient business. Whether you’re feeling stuck in a narrow niche or looking for ways to grow, this episode provides practical ideas and a fresh perspective. Tune in below to hear their conversation.
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Points of Interest
- 1:04 – 1:46 – Introduction of John Meyer: Marcel introduces John Meyer, highlighting his experience as a successful agency owner, seller, and current business coach.
- 2:10 – 2:30 – John’s Current Focus with Leadmore: John explains his mission with Leadore: coaching agency owners to avoid solopreneur traps and scale their businesses.
- 2:30 – 3:11 – “No More Solo” Coaching Program: Details of John’s group coaching for agencies in the $100k-$400k range focused on delegation and growth.
- 3:11 – 3:37 – Coaching for Scaling Agency CEOs: Information on John’s one-on-one coaching for CEOs aiming to delegate and further scale their agencies beyond $500k.
- 4:32 – 5:30 – The Founding Story of Lemonly: John recounts the pivot from a broad digital agency to specializing in infographics for better focus and impact.
- 5:36 – 6:50 – Strategic Niche of Infographics: How Lemonly’s focus on infographics led to recognition and work with major brands like Netflix and MLB.
- 8:38 – 9:25 – The Challenge of Scaling a Niche: The episode transitions to discussing the dilemma of staying niched versus widening services for continued growth.
- 14:51 – 15:03 – Introduction to the Product Ladder: John introduces his framework of four ways service businesses can generate revenue.
- 15:03 – 17:18 – Levels of the Product Ladder Explained: A brief overview of the custom, done-for-you, done-with-you, and DIY service levels.
- 17:54 – 18:08 – Utilizing the Ladder for Increased Profit: The concept of moving clients up or down the ladder and repackaging services for better retention and profitability.
- 26:58 – 28:31 – Avoiding Custom Work at “Done-For-You” Prices: John cautions against providing bespoke services while charging for standardized offerings.
Show Notes
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