Creative Agency Exchange Model
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Mike Cessario shares how Liquid Death partners with creative agencies to produce unique marketing initiatives while keeping costs manageable through a mutually beneficial arrangement.
Key Points:
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Agency Partnership Structure:
- Work primarily with small creative agencies run by industry connections
- Agencies offer favorable rates because they want portfolio-worthy creative work
- Use the work to attract bigger clients like Nestle later
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Value Exchange Model:
- Agencies get:
- Creative freedom to try unconventional ideas
- Portfolio pieces to attract larger clients
- Real project experience with an innovative brand
- Brand gets:
- Access to top creative talent at reasonable rates
- Fresh ideas from multiple creative sources
- High-quality creative work without enterprise pricing
- Agencies get:
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Project Approach:
- Focus on unique, attention-grabbing initiatives
- Prioritize cost-efficient ways to generate buzz
- Evaluate marketing spend based on attention/eyeball cost
- Look for unconventional opportunities that generate more attention for less spend than traditional advertising
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Team Structure:
- CEO remains focused on creative and brand direction
- External creative partners contribute ideas and execution
- Internal team handles operations and supply chain
51:04 - 52:30
Full video: 57:18MC
Mike Cessario
Founder and CEO of Liquid Death, a non-alcoholic beverage brand started in 2017. Vayner alum with expertise in marketing and branding, focusing on creating entertaining and engaging content.
Emphasizes creativity and non-traditional marketing strategies, treating marketing like a product worth paying for. Successfully built Liquid Death into one of the fastest-growing non-alcoholic beverage brands, securing $299.31 million in funding to date.