Find your next vertical market in your current book of business
Corey Quinn
Founder, Deep Specialization™
These two metrics can help (plus four more)
Want to choose a target vertical market out of your existing book of business?
These two metrics can help:
Annual client revenue by vertical
How to do it: Group your clients by vertical and calculate the average revenue.
What it shows you: Which verticals bring in the most revenue.
Annual client retention by vertical
How to do it: Group your clients by vertical and calculate how many clients stay with you over a year.
What it shows you: Which verticals have the highest retention.
The results can help you choose the best-fit vertical for your agency.
You can also analyze:
Net income per vertical
Number of referrals or inbounds by vertical
Contract length by vertical
Length of sales cycle by vertical
Note: Results from this exercise are more reliable when you have over 50 clients or more across multiple verticals.
Have a great day!
CQ
About Corey Quinn
Founder, Deep Specialization™
Corey helps founder-led agencies scale through Deep Specialization™ and programmatic M&A. Former CMO of Scorpion ($20M to $200M). Author of "Anyone, Not Everyone."
