Eric Deeran explains why agencies serving Fortune 500 companies face feast-or-famine revenue cycles. One agency working with Microsoft and Amazon stabilized income by adding retainer contracts with smaller businesses between big projects.
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Hey, if you're a video agency that primarily works with Fortune 500 companies, but you've been noticing a lot of inconsistency because you do these big one-off projects, but then it's crickets for multiple months. This is an example of one of our clients who works with large companies like Microsoft, Amazon, Fortune 500 companies, but they wanted to have more consistency in their agency. That's why they transitioned to offering retainers to small to medium-sized businesses to smooth out their revenue in the times between when they have these big one-off projects. So if you're a video agency or creative agency that primarily works with Fortune 500 companies and you want more consistency in your agency, I put together a short video on the next page going over exactly how they were able to do this. You can check it out, book a demo with our team, and we'll see you there.