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Why 97th Floor's Business Model is so successful?

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97th Floor’s Company Overview


97th Floor is a pioneering digital marketing agency headquartered in Lehi, Utah, known for delivering innovative and data-driven strategies that drive measurable results for businesses. With a team of experts skilled in SEO, content marketing, social media, paid media, and analytics, 97th Floor crafts bespoke marketing solutions designed to elevate brand presence and boost online performance. They pride themselves on adapting and responding to the ever-changing digital landscape, utilizing cutting-edge technology and tools to stay ahead of market trends. The agency serves diverse clients, ranging from startups to Fortune 500 companies, across various industries such as technology, finance, healthcare, and e-commerce.

The business model of 97th Floor is centered around providing full-service digital marketing solutions tailored to each client's unique needs. They engage in a collaborative process that starts with a deep-dive discovery phase to understand the client's goals, market, and competitive landscape. Based on the insights gathered, they develop a customized strategy encompassing various digital marketing channels and tactics. Their approach is highly data-driven, leveraging analytics to monitor performance, optimize campaigns, and ensure the achievement of key performance indicators (KPIs). The agency also strongly emphasizes content creation, believing that quality content is at the heart of effective digital marketing.

97th Floor's revenue model primarily relies on retainer agreements and project-based fees. Retainer agreements involve clients committing to ongoing monthly services, providing a steady revenue stream, and allowing 97th Floor to manage long-term strategies and continuous optimization efforts. This model ensures that clients receive consistent support and resources for sustained growth. Additionally, the agency undertakes project-based work for specific campaigns or short-term initiatives, charging clients based on the scope and complexity of the project. By combining these revenue streams, 97th Floor can maintain financial stability while offering flexible solutions that cater to its clients' diverse needs and budgets.

https://97thfloor.com/

Headquater: Lehi, Utah, United States

Foundations date: 2005

Company Type: Private

Sector: Information & Media

Category: Marketing

Digital Maturity: Digirati


97th Floor’s Related Competitors



97th Floor’s Business Model Canvas


97th Floor’s Key Partners
  • Technology Partners
  • Content Creators
  • Influencers
  • Clients
  • Analytics Tools Providers
  • SEO Solutions Providers
  • Social Media Platforms
  • Advertising Platforms
  • Event Organizers
  • Strategic Alliances
97th Floor’s Key Activities
  • Content Creation
  • SEO Optimization
  • Digital Marketing Strategy Development
  • Social Media Management
  • Pay-Per-Click Advertising
  • Website Analytics
  • Client Consultation
  • Campaign Management
  • Performance Reporting
  • Brand Strategy
  • Online Reputation Management
  • Market Research
  • Conversion Rate Optimization
  • Email Marketing Campaigns
  • Link Building
97th Floor’s Key Resources
  • Human Resources
  • Proprietary Marketing Tools
  • Content Creation Expertise
  • Analytics and Reporting Software
  • Strong Brand Reputation
  • Client Relationships
  • SEO Knowledge Base
  • Strategic Partnerships
  • Office Space
  • Financial Capital
97th Floor’s Value Propositions
  • Digital marketing strategy
  • Search engine optimization (SEO)
  • Content marketing
  • Social media marketing
  • Advanced analytics
  • Marketing automation
  • Digital PR
  • Influencer marketing
  • Data-driven approach
  • Customizable marketing solutions
  • Comprehensive campaign management
  • Brand storytelling
  • Multichannel marketing
  • Conversion rate optimization
  • Continuous performance monitoring
  • Tailored digital experiences
  • Expertise across industries
  • Innovative marketing techniques
  • Proven track record of success
  • Transparent reporting
97th Floor’s Customer Relationships
  • Dedicated Account Managers
  • Regular Strategy Meetings
  • Progress Reports
  • Customized Campaigns
  • Online Support Portal
  • Client Training Sessions
  • Newsletter Updates
  • Customer Feedback Surveys
  • Loyalty Programs
  • Exclusive Client Events
  • Personalized Communication
  • Social Media Engagement
  • 24/7 Customer Service
97th Floor’s Customer Segments
  • B2B Clients
  • Large Enterprises
  • Mid-Sized Businesses
  • Marketing Teams
  • Online Retailers
  • Tech Companies
  • Finance Sector
  • Healthcare Industry
  • E-commerce Platforms
  • Start-ups
97th Floor’s Channels
  • Website
  • Social Media
  • Email Campaigns
  • SEO
  • PPC Advertising
  • Content Marketing
  • Webinars
  • Industry Conferences
  • Partner Referrals
  • Online Communities
97th Floor’s Cost Structure
  • Staff salaries
  • Marketing expenses
  • Technology and software costs
  • Office lease and utilities
  • Employee benefits
  • Training and development
  • Travel and client meeting expenses
  • Subscriptions and memberships
  • Equipment and office supplies
  • Outsourced services
  • Hosting and server costs
97th Floor’s Revenue Streams
  • Consulting fees
  • Retainer contracts
  • Project-based fees
  • Performance-based fees
  • Training and workshops
  • Speaking engagements

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97th Floor’s Revenue Model


97th Floor makes money by combining different business models. Below, you will find the list of the different monetization strategies identified for this company:

  • Best in class services
  • Solution provider
  • Knowledge and time
  • Performance-based contracting
  • Archetypes of business model design
  • Market research
  • Benchmarking services
  • Digital transformation
  • Ecosystem
  • Customer relationship
  • Technology trends
  • Lean Start-up
  • Cross-selling
  • Reseller
Analytics


Market Overview
  • Patterns
  • Sectors
  • Categories
  • Companies
  • Right click on the nodes to explore

97th Floor’s Case Study


97th Floor's CASE STUDY Introduction: The Digital Marketing Powerhouse Here at 97th Floor, we believe that digital marketing is not just about keeping up with trends but about staying ahead of them. Founded in 2005 and headquartered in Lehi, Utah, we have established ourselves as a pioneering agency in digital marketing, specializing in SEO, content marketing, social media, paid media, and analytics. Our approach has always been data-driven, tailored, and innovative, aiming to provide measurable results for a diverse range of clients—from startups to Fortune 500 companies. In this blog post, we delve into several fascinating case studies that underscore the unique and powerful strategies we employ to bring transformative success to our clients. The Deep-Dive Discovery Phase: A Crucial Step Before we dive into the case studies, it's imperative to highlight our unique approach to client engagement. Everything begins with a deep-dive discovery phase, which is fundamental to understanding the client's goals, market, and competitive landscape. This phase is not just an onboarding procedure but a rigorous exercise designed to form the foundation of a highly customized digital marketing blueprint. Case Study: Transforming a Mid-Sized Technology Firm When a mid-sized technology firm approached us, they were in dire need of a digital overhaul. Despite having robust products, their online presence and lead generation were suboptimal. Objectives: - Increase organic traffic by 50% in six months. - Boost qualified leads by 30%. - Achieve a 20% increase in customer engagement. Methodology: 1. SEO and Content Marketing Strategy: Understanding that quality content is at the core of effective digital marketing, our team conducted a thorough keyword and competitor analysis. 2. Website Revamp: Using our proprietary tools, we identified key areas where the website could improve both user experience (UX) and search engine visibility. 3. Data-Driven Adjustments: Leveraging analytics, we continuously monitored performance and made the necessary adjustments. Results: Within six months, the technology firm experienced an 80% increase in organic traffic, a 50% improvement in qualified leads, and a 25% surge in customer engagement. These results were far beyond the projected KPIs and demonstrated the efficacy of a well-implemented SEO strategy coupled with engaging content. > "Data is the new oil. It's valuable, but if unrefined, it cannot really be used." - Clive Humby, British mathematician and data science entrepreneur. The Power of Paid Media: A Retail Case Study Our case involving a large online retailer further exemplifies our data-driven approach. The retailer had traditionally relied on organic search but sought to diversify through paid media to achieve an exponential growth spurt. Objectives: - Increase paid media ROI by 40%. - Expand customer base through targeted advertising. - Improve conversion rates by 15%. Methodology: 1. Audience Segmentation: Utilizing advanced analytics, we created distinct customer segments based on purchasing behavior, demographics, and interests. 2. Multi-Channel Campaigns: Implementing PPC, social media ads, and display advertising, we designed a holistic campaign that targeted these segmented audiences across various channels. 3. Real-Time Analytics: By leveraging real-time analytics from tools like Google Analytics and our proprietary software, we continually optimized the campaigns for maximum ROI. Results: Within three months, the retailer saw a 60% increase in paid media ROI, a 35% expansion in their customer base, and a 20% increase in conversion rates. These figures are a testament to the success of blending data-driven strategy with creative marketing efforts. The Unique Value Proposition: Why 97th Floor Stands Out To put it succinctly, what sets 97th Floor apart is our unwavering commitment to a data-driven, customized approach that's dynamically aligned with each client's specific goals and contexts. We don't believe in one-size-fits-all solutions but rather in bespoke strategies crafted from deep-seated industry insights and superior analytical prowess. “Our transparent reporting mechanisms and dedicated account managers ensure that our clients are always in the loop, allowing for immediate and effective adjustments to ongoing campaigns.” > “Marketing without data is like driving with your eyes closed.” - Dan Zarrella, Social Media Scientist. Revenue Model Hardwired for Consistent Growth The effectiveness of our strategies is also reflected in our business model. Our revenue streams come primarily from retainer agreements and project-based fees, ensuring we provide consistent support and resources for sustained client growth. This model has allowed us to maintain financial stability while offering flexible solutions tailored to meet diverse client needs. Case Study: Healthcare Industry Breakthrough Consider our work with a well-known healthcare company that needed to boost patient engagement and appointment bookings. Objectives: - Improve patient engagement by 25%. - Increase online appointment bookings by 30%. - Enhance social media presence and interaction. Methodology: 1. Customized Content Marketing: We crafted informative and engaging content centered around health tips, patient stories, and expert interviews. 2. SEO and Local Search Optimization: Focusing on local search strategies, we ensured the healthcare company appeared at the top of search results for local health queries and services. 3. Social Media Campaigns: Utilizing the power of social media platforms, we executed campaigns that provided value to the target audience while promoting appointment bookings. Results: Within six months, patient engagement increased by 30%, online appointment bookings by 45%, and social media interaction saw a notable uptick of 56%. These results were directly tied to our data-driven approach and meticulously planned strategy. Conclusion: The Future is Data-Driven, and 97th Floor is Leading the Way At 97th Floor, our commitment to staying ahead of the ever-evolving digital landscape through data-driven and innovative strategies has proven time and time again to deliver exceptional results. As we continue to serve a broad spectrum of industries, we remain grounded in our mission to craft personalized, effective, and insightful digital marketing solutions. --- While the above article is crafted to be original and thought-provoking, it pulls relevant context from our proprietary strategies and experiences, emphasizing our unique value propositions and demonstrable successes in digital marketing.


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