Instead of just buying leads from partners like wholesalers or agencies, consider acquiring them. If your business has a more effective way to monetize that deal flow (e.g., higher margins, better LTV), you can generate more profit from their leads than they can. This turns a variable marketing expense into a profit-generating asset.

To start his marketing agency, the founder created content about his beliefs on the future of social media. This attracted inbound leads from people who resonated with his vision. This strategy applies to any service business: use platforms to share your point of view and establish authority.

The pool of potential media buyers extends beyond traditional media. Any business paying a "toll" to Google or Facebook for customers is a strategic acquirer for a media asset that owns a direct audience in its niche. This reframes media M&A as a CAC-reduction strategy for non-media companies like Uber.

Instead of launching a service business from scratch, first build a targeted media asset like a local newsletter or directory. This attracts high-value customers at low cost, creating a lead generation engine you can use to partner with existing businesses or launch your own operation from a position of strength.

The old investment banking model of mass-emailing a deal to many potential buyers is ineffective for media assets. Selling a media company now requires a custom, hands-on process targeting a handful of highly specific, strategic buyers, as the universe of potential acquirers has shrunk and their needs have changed.

To acquire a trade magazine, a marketing agency owner bypassed complex valuations. He calculated his own cost-per-subscriber for his newsletter, multiplied it by the size of the magazine's email list, and made an all-cash offer based on that simple, tangible metric.

A mortgage broker for pilots found generic realtors sent low-quality, non-ideal clients. The advice was to instead partner with pilot-specific communities and businesses. This targets the ideal client directly, increasing conversion and lowering acquisition costs.

Instead of a traditional blog, IT management firm Kanji created a media property on a separate domain. This strategy unexpectedly led to it being treated as an authoritative external source by LLMs. As a result, 17% of new leads now report finding the company through AI-powered search tools.