WordStream Releases State of Internet Marketing Agency Report
WordStream’s State of the Internet Marketing Agency in 2020 report arrived last week, offering insights into the challenges and opportunities faced by today’s digital ad agencies. The survey results shed light on how agencies like ours function, the tools they use, and what they expect in the future.
Of course, the COVID-19 pandemic has shaken the advertising industry alongside the rest of the global economy, but understanding how agencies work can make you more prepared for the consumer surge that may accompany a return to normalcy.
Of the hundreds of agencies WordStream surveyed in the United States, Canada, the UK, and elsewhere, 64 per cent had fewer than 10 employees and only 10 per cent had more than 50. Despite this, 26 per cent of agencies serviced more than 50 clients. This speaks to the tireless work required to sustain a successful internet marketing agency, and to the low rate of client turnover among agencies that deliver positive ROI. At GrowthEngine Media, we are proud to have maintained productive, years-long relationships with numerous clients.
Pay-per-click advertising and social media were the two services that digital agencies were most likely offer, followed by content, SEO, website development, and landing page creation/optimization. Google (94 per cent) and Facebook (91 per cent) were the platforms used by the highest percentage of agencies, followed by Instagram (79 per cent), LinkedIn (57 per cent) and YouTube (44 per cent). Thirty-one per cent of agencies advertised on Microsoft/Bing and just 16 per cent used Amazon.
As a Google Premier Partner internet marketing agency with access to valuable insights on Google’s preferred practices, GrowthEngine Media is equipped to provide effective and versatile digital marketing services across a variety of platforms. Our experienced team is available during the COVID-19 lockdown to discuss your digital strategy and accept new clients. Contact us today to learn more!