Pros:
1. Dominate the market with creative solutions that stand out.
2. Increase your visibility and reputation as an agency with creative ideas and strategies.
3. Generate more revenue by offering specialized services to clients.
4. Create a stronger connection with clients and build better relationships.
5. Be able to work with a wide variety of clients and industries.
6. Build a team of highly skilled professionals and increase your success rate.
7. Take advantage of the latest technologies to provide more efficient services.
8. Have more control over pricing and other aspects of the business.
Cons:
1. Capital expenses can be very high due to the cost of specialized equipment, supplies, and staff.
2. Creative agencies must rely on their reputation if they want to find new clients.
3. It can take a lot of time and effort to develop strategies and create innovative solutions.
4. Creative agencies must keep up with the latest trends in order to remain competitive.
5. There is a high degree of competition among creative agencies, so it can be difficult to stand out from the crowd.
6. Overhead costs can be expensive, especially if the agency has to invest in additional staff or equipment.
7. Even with the best strategies in place, there is no guarantee of success for a creative agency.
8. The demands of different clients can be difficult to manage and can create stress for the team.