Jeffrey Fermin: Transforming marketing industry with New Theory Creative
Beyond's Top 10 Most Inspiring CEOs to Watch Out in 2021
To break the shackles of a traditional
structure in the industry, Jeffrey Fermin, Founder and CEO of New Theory Creative, is exploring
new heights in the marketing domain. With a vision to provide a red carpet to
the creatives, he states, “Digital marketing will always be the bedrock of what
we do. We’ll easily help anyone, and (mostly) everyone finds their place in
their respective market.”
Building his career from the scratch
While progressing through his career,
nobody encouraged entrepreneurship, so he had to work his way up to explore the
domain. He focuses the point by stating, “Everyone was okay with a nice, cushy
job, playing it safe, a vacation a year, and doing that over 60 year until you
meet your maker — there is absolutely nothing wrong with that, I just always
felt like since I’m here, I might as well give all this stuff a shot.”
He was not even considering the marketing
field as an option while building his career. However, once he entered the
world, he paved the way to the top heights.
He adds, “After ten years of doing it, a
lot of highs and lows, I have learned enough where I can confidently say I can
help market brands in different industries and help them stand out. I’ve done
it in the enterprise tech sector and have done everything from b2b, b2c,
eCommerce, digital publications, products, services, you name it, I’ve done
it.”
He founded New Theory to have control over
the projects that his team can work on. He adds, “I know how difficult things
are to move the needle, especially when working with teams that don’t
understand marketing. Here, we are taking clients that “trust the experts,” and
it makes it easy for us to go in, evaluate everything, and get the job done
right.”
Learning from the pitfalls along the way
At the dawn of the company, Jeffrey and his
team faced a challenging time due to the COVID pandemic. He states, “We started
this project in January, and two months in, we had to shut down. We could have
easily called it quits early on, but we were very fortunate to have support
from the local community, our friends that own a coworking space housed us for
a bit and even gave us clients. Though it wasn’t much, we were able to have
small contracts to keep us afloat and busy.”
The second learning lesson came in the mode
of planning and plotting the game plan carefully and setting it according to
the client’s requirements. Though clients have certain financial goals they’re
looking to hit, they might not have the understanding of what goes into a
marketing and growth plan.
He adds, “My advice for any marketer or
business owner is to always take a step back and learn how to explain the
importance of things in layman’s terms. I recently read a quote that said, “no
one ever tries to help a plumber because they don’t know how to do their job,
but for some reason, everyone thinks they can do marketing.” So, just let them
know early on that you know what you’re doing and give you the autonomy to help
them grow.”
Bringing Change in the industry with New
Theory Creative
New Theory is a full-service creative
agency. Jeffrey states, “We put a lot of emphasis on the word “creative,”
because nearly everyone’s background here is in a creative field.
Photographers, video editors, podcasters, and content creators, they’re either
on-staff or on-call. Our breadth of knowledge allows us to offer more services.
We offer digital marketing services like ad management, content creation,
professional photography, website design and development, and more.”
The big picture is to empower creatives.
Truth be told, anyone can find millions of marketers online that can work some
conversion-rate optimization magic and paint a pretty picture.
He adds, “We want to be able to offer
growth, but more importantly, we want to be able to connect the corporate with
the creative world. In the corporate settings, I’ve been a part of, higher-ups
have shut down the ideas from the creative professionals and don’t let them
have a say in execution.”
Jeffery believes that delivering quality
services always pays in the longer run. He expresses, “We run New Theory like a
(globally-dispersed) ma-and-pa shop. We’ll give you good rates. We’re going to
be open and honest with everything. If something is off, we’ll let you know.
The agencies I’ve worked within the past have nickel and dimed some of my
previous bosses. I remember there was this one in San Fran that charged us $10k
and did nothing, literally nothing. With us, you’ll see a return; that’s our
guarantee.”
Life as Founder and CEO of the company
Wearing the hat of the CEO of the company,
he is fueling the company with everything. He is still doing most of the client
work. He adds, “I want to say half of my day is spent doing client work, the
other half is split between New Theory tasks and sales. I still have to do all
of the invoices, negotiations and handle payments. However, that will be
changing that I’m hiring operations and sales team members.”
He is a highly motivated and driven
individual and gives constant dose of motivation to his team to grow. He
states, “There’s a roof over my head, there’s food on my plate, every day I
have to fight to keep those things — while making sure that everyone that works
at New Theory is taken care of. There are employees and clients’ futures
on the line, so it’s important for me to remind myself that though failure is
possible, we need to work on making it less probable.”
Realizing the importance of work-life
balance
In the early years, Jeffrey aimed at being
the perfect entrepreneur by indulging in the work all the time. But soon, he
realized his fault and understood the importance of balance in his life.
Now he spends time with his family and
indulges in social activities while managing all his work. He believes in
himself and faces every challenge on the professional and personal front with a
never-give-up attitude.
Future roadmap for the company
Jeffrey’s goal for the coming year is to
make sure that the company has a dominant place in the South Florida region.
Having marketers with a strong creative and technical skillset puts them in a
unique position.
He adds, “With all of the NYC and SF-based companies coming to town, we are going to push hard to work with them and provide them with higher-quality work than the usual Miami Ad Agency. When all that is said and done, the next logical move will be to expand globally. We already have individuals working in Europe, LatAm, and Southeast Asia. It only makes sense that we’re going to try and work around the globe. Hopefully, we’ll be able to continue pushing the “Digital Nomad” culture and attract better talent that can work on all hours.”