April 3, 2010
Why Your Business Should Consider Outsource Marketing
When it comes to marketing, many businesses think they only have two choices: establishing an internal department or contracting specific services with a full-service marketing agency. However, there is a third option worth considering - outsource marketing services.
An Outsource Marketing Department: An Intelligent Choice forĀ Businesses
Strategic outsource marketing supplies the capabilities of a full-service agency and the commitment of an internal source, while avoiding the operating costs of either.
Comparing Options
Although a VP-level marketing executive may develop a marketing strategy, you can expect to pay near $150,000 in salary and benefits just to start and your company will still have to outlay a considerable budget to outsource projects to creative agencies for tactical execution. Outsourcing services to a typical full-service marketing agency means paying for all services, regardless of which you use. Operating costs for every department must be absorbed by all the clients. However, a strategic outsourcing firm is the best of both worlds. A committed project manager works with you to develop a marketing strategy designed to meet your company's individual needs. Your company will have access to a wide range of capabilities to bring your message to a specific audience. The best part of a strategic marketing outsource firm is you only pay for the services you need, when you need them!
Strategic Outsource Marketing Benefits
Scalable Budgets
With outsource marketing, you pay only for the services you need at the time they are needed. Your outsource team can usually scale projects and budgets easily. With an in-house team, you have a fixed expense overhead, unless you layoff employees, but with an outsourced marketing department, you only pay for resources when you need them.
Breadth of Services
Technology marketing changes dynamically on a daily basis with search engine optimization, online business networks, business blogs, etc. With outsource marketing, you will be given access to a team with a mastery of every marketing discipline and knowledge of particular verticals. A quality "turn-key" marketing firm can provide specialists in all marketing disciplines as well as vertical industry experts.
Time to Focus on Your Core Competencies
By outsourcing your marketing department, at least partially, you'll have more time for what you do best:R&D, customer service, or manufacturing.
"Ins" in the Industry
Outsource marketing firms have connections in the media and with suppliers such as printers. Marketing firms have daily contact and partnerships with direct mail list firms, journalists, printers, reporters and more. Plus, often uncommon overlaps are found between an offering of one client and a service of another.
Views from the Outside
While an outsourced marketing department takes the time to intimately learn your products, technologies, and customers, its team member do not have years of ingrained company culture. Firm members do not fear suggesting radical ideas. Marketing team members often have new and objective viewpoints to share because they may work on several outsource teams.
Why A Strategic Outsourced Marketing Firm Makes Sense for Your Business
With its appealing benefits, marketing outsourcing may appear to be a logical decision for almost every company looking to develop its business. But certain critical characteristics of technology firms make strategic outsource marketing extremely attractive. Staying alert in today's eratic business environment requires access to resources well-versed in current practices across all marketing disciplines. However, technology firms must focus on their intellectual property and product lifecycles, and therefore may not be able to focus on the latest in marketing technology. Outsourcing the marketing function lets key executives in the firm focus on the firm's core competencies rather than attempting to stay in tune with the latest internet marketing tactics.
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