Franchise Update Magazine Issue IV, 2016 | Page 58

Supplier Spotlight: BY KERRY PIPES LOCAL MARKETING EXPERTISE Silvercrest Advertising offers seamless solutions for every kind of owner-operator W illiam Rodriguez and Ryan Gesler started their own company with a dream and just $50 in the bank. Today, Silvercrest Advertising is a major player in the franchise sector where they provide not only strategic media planning and buying services, but also leverage their relationships with thousands of media vendors to bring their clients customized media solutions. But it’s their proprietary Localized Media Automation Platform (LMap) that’s getting the most attention. The technology lets users select the footprint they want to reach, choose which advertising tactics they want to use, customize creative, and pay for the entire job—in a one-stop shopping marketing destination. “Our company has grown organically by listening to our clients’ needs,” says Rodriguez. “We started in 2011 with $50 and no clients, and today we manage $23 million in revenue and work with over 25 brands that represent 20,000 franchisees in several countries.” He says one of the company’s keys to success is their policy of providing the software at no cost. “We have the benefit of being great at building ad tech, but we also have the know-how to execute media through that ad tech,” he says. This allows Silvercrest to give away the software to customers and make money on the execution of the media. LMap P OWE R E D BY silvercrest a William Rodriguez 56 d v e r t i s i n g He likens the process to how iTunes works. You can install iTunes on your computer at no cost and load all your movies, music, and even e-books into iTunes and enjoy them at no cost. However, if you want to buy a song on iTunes, you can. The song is cheaper than having to purchase the actual single and Apple still takes a percentage of the transaction. “By aggregating all of our buying power for our clients, we can provide cost savings that no one else can and we can still make money,” he says. Silvercrest understands the franchising model intimately. Whether it’s a franchisor, a single- or multiunit operator, or a brand with 5 locations or 5,000, Silvercrest can tailor a process that gets results. That’s important when you consider that many brands are struggling to wrangle franchisees to comply with brand standards and procedures. Often, franchisees find the tools offered to be complicated and cumber- Franchiseupdate ISS U E IV, 2 0 1 6 fu4_supplier_scorpion(56-57).indd 56 11/8/16 2:42 PM