When you have the knowledge of running a business, creating the structures, relationships and all of the logistical processes, you can’t be blamed for not always being a marketing guru – so to speak. Even with this, you may not have the time to create the marketing plan or put it into place.
Marketing goes hand-in-hand with your business. It is relative to every stage. So there must be day-to-day involvement. Or it can become detached and mis-aligned with your communication, lead generation and sales.
But keeping on top of all channels is a huge output. Especially with digital marketing, social media, lead forensics, search engine optimisation, email campaigns and also the manual networks.
There comes a point where you are as a business if you decide to run it all in-house, with your own controlled staff, or trusting an agency to deliver the results, based on their specialist areas
Here is the comparison of agency and in-house marketing and you will also learn which one is suitable for your B2B business.
1. You Need Regular Staff
Marketing these days have changed a lot. Most of the marketing is digital and for this, you will need a team of experienced professionals. This is not just about one person. You will need a marketing manager, SEO, SMO, content writer, link builders, designers as well as developers. All these things are expensive so companies that have huge work and can afford in-house staff should go with this option.
2. Skills of In-House Team
The in-house team has diverse skills but they can never be good than a marketing agency. The agency has fully experienced professionals in every field and it is hard for a company to have such talented professionals. So consider the skills of your in-house team as well as of the marketing agency team. You will find out which one is the best option for you.
3. Cost and Budget
Cost and budget is what many companies are worried about too. When you will hire a team of in-house marketers, you will pay them every month. That means it is a permanent burden on the company and you are not sure if you will get the best work or not. So do consider this factor as well.
Pros and Cons of In-House Team
- Full time employees with you
- Can get work done anytime
- Complete marketing plans and consultation
- Regular monitoring and performance tracking
- But no surety about quality of work
- No guarantee of the best results
1. Project Wise
Agency marketing is what you hire a company for a specific time period to do your marketing projects. This option is the best when you have short work or few projects. You can actually save a lot of money by hiring marketing agencies instead of getting in-house team.
2. More Affordable
Yes, that is the real point. When you hire a marketing agency, you will pay them for the project. This is a one-time payment or in installments. Many people pay to companies as they complete one section or part of the project and continue on the next. They get paid with time. But for in-house team, you will have to pay them every month whether you get something in return or not.
3. Diversity in Skills
This is what we already talked about. The people working in marketing agencies have great experience, more exposure and they could have done better projects than your in-house team. Moreover, they have experienced guys for every project and this is what makes marketing agencies perfect option for small business. Companies that want to exploit the best skills should look for hiring marketing agencies instead of keeping in-house teams.
Pros and Cons of Hiring Marketing Agencies
- More diverse professionals
- More affordable than in-house teams
- Inspection and guarantee of work
- No need of having space and accessories for staff
- Best option for small businesses