Cookie-Cutter Solutions Scale

Shaan Puri shares insights about the opportunity in serving franchise businesses, particularly in digital marketing. He believes that franchises represent an ideal customer base because they share identical problems and characteristics, making solutions highly scalable and efficient.

Key Points:

  • Franchise Business Advantages:

    • All locations face the same problems
    • Cookie-cutter customer profile makes operations streamlined
    • Scale is pre-validated if business is already franchised
    • Owners typically invest significant personal wealth
    • Most franchise owners aren't tech-savvy, creating service opportunities
  • Marketing Strategy Benefits:

    • Easiest pitch once you have initial customers
    • "We serve X% of McDonald's franchises" becomes powerful social proof
    • Each new customer becomes easier to acquire than the last
    • Clear ROI can be demonstrated from month one
  • Real World Example:

    • Marketing agency serving 5% of McDonald's franchises
    • Two companies mentioned: Scorpion Marketing and Ferocious Marketing
    • One does over $100M in revenue just from franchise marketing
  • Business Model Application:

    • Can be applied across various franchise industries
    • Example of senior living facilities:
      • Occupancy rates critical to success
      • 10-20% occupancy difference worth millions
      • Owners often struggle with digital marketing
      • Clear ROI through improved occupancy rates
  • Key Success Factors:

    • Focus on specific franchise verticals
    • Build reputation within franchise community
    • Deliver consistent results across locations
    • Leverage success stories for growth
SP

Shaan Puri

Host of MFM

Shaan Puri is the Chairman and Co-Founder of The Milk Road. He previously worked at Twitch as a Senior Director of Product, Mobile Gaming, and Emerging Markets. He also attended Duke University.

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Host
Restaurateur
E-commerce