Consumer and Financial Agencies
The consumer facing agencies everyone already knows: insurance, travel, real estate, collections, ticketing. They are the oldest agency models in the economy, built on commissions and access, and several of them are being squeezed hardest by software selling the same access directly. The counts here are the largest on the map.
All 5 categories
Ordered by estimated sizeReal Estate Brokerages
Brokerages that list, market, and sell property.
Insurance Agencies
Agencies that shop, place, and service insurance.
Travel Agencies
Advisors who plan and book trips for commission or fees.
Collection Agencies
Recovers unpaid debts, usually on contingency.
Ticketing Agencies
Sells and manages event tickets for venues and promoters.
Comparisons touching this group
The Margin Map: net margins across 12 agency types, compared
Every agency sits in the middle and takes a cut. The size of the cut that survives as profit varies by a factor of ten. Here is the map.
Insurance agencies and marketing agencies have the same business model (almost)
One sells protection, one sells growth. Strip away the subject matter and the economics are nearly identical. The few places they diverge explain why one of them is a sellable asset and the other usually is not.