Agency Partnerships
Strategic relationships between agencies for referrals, subcontracting, or joint delivery. Partnerships extend capabilities and create new revenue opportunities.
Definition
Related Terms
Pitch Deck
A presentation used to win new business by showcasing an agency's capabilities, approach, and differentiators. Effective pitch decks tell a compelling story and differentiate the agency from competitors.
Agency of Record (AOR)
The primary agency relationship where a client grants exclusive or preferred status for a service category. AOR relationships provide significant revenue and strategic importance.
Upselling and Cross-Selling
Sales techniques for expanding client relationships: upselling increases value of current work, while cross-selling adds complementary services. Both increase revenue and strengthen relationships.
Related Resources
Frequently Asked Questions
What types of agency partnerships exist?
Common types include referral partnerships (passing leads, sometimes with referral fees), subcontracting (one agency engages another to deliver work), and joint delivery (agencies collaborate on client projects). Choose the type that fits your goals and capabilities.
How do you structure referral partnerships?
Define what each party refers, any referral fees or revenue share, how introductions work, and expectations for the relationship. Formalize in a simple agreement. Start with partners you trust and have worked with or know well.
When should agencies use subcontracting?
Subcontract when client needs exceed your capabilities, when you want to offer full-service without hiring, or when specialized work is better delivered by experts. Ensure clear scope, pricing, and communication so the client experience remains seamless.
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