How to Prepare for a Recession (in 2023)

In times of economic uncertainty, digital agencies are often hit hard. Clients may cut back on their marketing budgets, and new leads may become scarce. However, there are strategies that digital agencies can implement to weather the storm and continue generating revenue. One such strategy on how to prepare for a recession is to offer a client portal to clients. In this blog post, we’ll explore how a client portal can help digital agencies make money during a downturn.

What is a client portal?

First, let’s define what we mean by a client portal. A client portal is a secure, online platform that allows clients to access information and communicate with their digital agency. It’s a central hub where clients can view their project timelines, track progress, and collaborate with their agency team.

What are the benefits of a client portal for digital agencies?

Now that we’ve defined what a client portal is, let’s explore how it can benefit digital agencies during a downturn.

1. Increased efficiency

A client portal can help digital agencies streamline their operations and reduce manual tasks. For example, instead of constantly updating clients via email or phone, a client portal can be used to keep clients informed of project progress in real-time. This can free up time for agency staff to focus on other important tasks and projects.

2. Better communication

A client portal can also help digital agencies improve their communication with clients. By providing a centralized platform for communication, clients and agency staff can more easily communicate and collaborate on projects. This can help to ensure that projects are completed on time and on budget, and that clients are satisfied with the results.

3. Improved client satisfaction

A client portal can also help to increase client satisfaction. By providing clients with greater transparency and visibility into their projects, they’ll feel more involved in the process and more confident in the agency’s ability to deliver results. This can help to strengthen the relationship between the agency and the client, which can lead to more repeat business and referrals.

4. Opportunities for upselling

Finally, a client portal can provide digital agencies with opportunities for upselling. By providing clients with access to additional services and features through the portal, agencies can increase revenue without having to acquire new clients. For example, an agency might offer clients access to premium analytics dashboards or additional marketing services through the portal.

How do you implement a client portal for your digital agency?

If you’re convinced that a client portal could benefit your digital agency on the path to learn how to prepare for a recession, here are some steps you can take to implement one:

Choose a client portal platform

There are many client portal platforms available on the market, so it’s important to choose one that meets the needs of your agency and your clients. Look for a platform that is secure, user-friendly, and offers the features you need to manage projects and communicate with clients.

Here’s a few well-known client portal platforms:

• – SuperOkay
• – SuiteDash
• – Accelo
• – Plutio
• – Clinked

Set up the portal

Once you’ve chosen a client portal platform, it’s time to set up the portal. This may involve configuring user accounts, setting up project templates, and customizing the portal to match your agency’s branding.

Train your team and clients

Once the portal is set up, it’s important to train your team and clients on how to use it effectively. This may involve providing tutorials or hosting training sessions to help everyone get up to speed.

Promote the portal

Finally, it’s important to promote the portal to your clients. This may involve sending out email communications, hosting webinars or demos, and highlighting the benefits of the portal on your website and social media channels.

Conclusion

In summary, a client portal can be a powerful tool for digital agencies looking to learn how to prepare for a recession. By improving efficiency, communication, and client satisfaction, a client portal can help agencies weather the storm and continue to thrive. If you’re a digital agency looking for ways to stay competitive in a challenging economy, consider implementing a client portal.

Are you already using a Client Portal? SuperOkay gives you 1 client portal free forever to start creating professional-looking Client Portals, custom branded to your clients’ brands – Start today by clicking here!

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