Profitable Web Design & Digital Marketing Agency for Ecommerce Companies with Recurring Revenue Model and Average Contracts of $20K+
Web Design, Development & Digital Marketing Firm is a highly successful company that specializes in providing web design, development, and digital marketing services for eCommerce companies. They have a recurring revenue model with an average contract size of $20,000. The company is ranked among the top 1% of Upwork agencies and has a strong stream of recurring revenue from satisfied clients. They have a skilled team of professionals and have established themselves as a comprehensive web partner for their clients. The company operates mainly on the Upwork platform and has attracted a growing number of clients for various projects.
OPERATIONS
Web Design, Development & Digital Marketing Firm operates mainly on the Upwork platform and provides web design, development, and digital marketing services for eCommerce companies. They have a recurring revenue model with an average contract size of $20,000. The company has a skilled team of professionals who handle various projects for their clients. They have built long-term relationships with their clients and have a strong stream of recurring revenue.
Web Design, Development & Digital Marketing Firm provides web design, development, and digital marketing services, so their supply and logistics mainly involve coordinating with their team of professionals and managing client projects.
MARKETING AND KEY METRICS
Web Design, Development & Digital Marketing Firm relies on word-of-mouth referrals to drive sales. They have a strong reputation and have positioned themselves as a top agency on the Upwork platform. They have not invested much in marketing, but there are significant opportunities for growth in this area.
Web Design, Development & Digital Marketing Firm primarily operates on the Upwork platform, which serves as their main sales channel. They have experienced steady growth and have become one of the top 1% of Upwork agencies in the country. There are additional growth opportunities in expanding their marketing efforts and exploring new sales channels.
The key metrics for Web Design, Development & Digital Marketing Firm include recurring revenue, average contract size, client retention rate, and client satisfaction. They have a strong stream of recurring revenue from satisfied clients and have a low churn rate. The average client stays on for at least two years.
Web Design, Development & Digital Marketing Firm primarily serves small to mid-sized eCommerce businesses. They have a loyal client base and a low churn rate. The average client stays on for at least two years and the company has a strong stream of recurring revenue.
BUSINESS MODEL & RESOURCES NEEDED
Web Design, Development & Digital Marketing Firm has a skilled team of professionals, including software engineers, project managers, designers, and consultants. They also work with contractors who handle specific projects. The company has one salaried worker as an account manager who handles day-to-day operations.
THE INDUSTRY
The digital marketing industry is booming, with the global market projected to reach $671 billion by 2028. More and more businesses are relying on an online presence to attract customers and drive sales. Examples of companies in the industry include digital marketing agencies, web development firms, and eCommerce platforms.
OPPORTUNITIES TO SCALE
Web Design, Development & Digital Marketing Firm has significant scale opportunities. They can launch a new marketing division to apply digital marketing techniques to their own growth. They can invest in marketing campaigns, social media presence, and SEO to drive more traffic to their website. They can also upsell and cross-sell their services to existing clients.
Asking Price: $750,000
Gross Income: $705,000
Cash Flow: $255,000
Year Established: 2019
Employees: 1
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