How do agencies make so much money?
Just watched a video where the founder of an influencer marketing company said that they made 14.8 cr revenue in 1 year of starting out. WOW. Mind you, the man wasn't a veteran. A fresh clg grad. It's crazy how networking can mint you money
As he pointed out himself “It’s revenue”. The guy use to live with sharath, clearly connected with channelising all his brand collabs. Yes, networking helps but not the only component, he mentioned again in current times the response rate is (1/10), which used to be (5/10) which generated 14 crs revenue.
LooseGoose
Stealth
a year ago
Proof? Did he show his financial statements on the video? 😂
Don't take everything at face value buddy. People can say anything about their revenue and numbers, no one actually goes and checks them.
zucklon
Student
a year ago
He made 14cr revenue i.e total value of all deals through his company its like saying a Performance Marketing agency has a revenue of 50cr but in reality 45-48cr out of it is going to Meta/Google and only 2-5cr is the actual company's revenue out of which later the profit will be derived.
design
Stealth
a year ago
😳
