Editor's Note: Take a look at our featured best practice, Marketing Plan Development Framework (63-slide PowerPoint presentation). A marketing plan is a comprehensive blueprint, outlining an organization's overall marketing efforts. This PowerPoint presentation is a guide to developing a comprehensive marketing plan. Marketing Management topics include: * Marketing Management Process * Market Segmentation * Market [read more]
5 Benefits of Outsourcing Marketing
Also, if you are interested in becoming an expert on Strategy Development, take a look at Flevy's Strategy Development Frameworks offering here. This is a curated collection of best practice frameworks based on the thought leadership of leading consulting firms, academics, and recognized subject matter experts. By learning and applying these concepts, you can you stay ahead of the curve. Full details here.
* * * *
Marketing is an essential part of any business, and making sure each campaign is strong and engaging is a must. An in-house marketing department will work hard day in and day out to make sure the business brand is attracting new customers as well as retaining old ones, and that each product or service is presented professionally. However, while having a dedicated marketing team is beneficial to business, outsourcing some marketing tasks to professional agencies could be a better option, and here are 5 reasons why.
1. Fresh Eyes
For any kind of project, it’s important to get a fresh perspective, especially if the same people have been working on it for some time. While a marketing team can brainstorm about new ideas for their strategies, outsourcing some campaigns or work to other marketing experts is a great way to gain new insights into what a business is trying to achieve, and how they can achieve it. External opinions could help strengthen strategies and offer fresh, innovative ideas for current and future campaigns.
2. Expertise
Outsourcing marketing campaigns and tasks to specialist agencies will mean that you’re getting quality expertise. For example, www.clickintelligence.com focus on digital marketing strategies and can help businesses increase their online presence by providing excellent content, link building, social media, etc. Agencies like this can offer further advice on how to promote brands and create bespoke campaigns that will get a business noticed.
3. It’s Cost-effective
For businesses that have in-house marketing teams, outsourcing to other marketing firms might seem like a waste of money. On the contrary, sometimes outsourcing some or all of these tasks to a marketing agency can be most cost-effective for businesses. If a company is going to develop and grow a marketing team, it will have to hire new employees to meet the demands of the workload, and this will mean having to pay out for salaries, benefits, training, etc. If a company chooses to outsource its marketing to an agency instead, it will only have to cover these fees, thus reducing the overhead expense but still getting all the quality and professionalism it needs for the job.
4. Increase Productivity
By outsourcing some of the marketing tasks to an external agency, there is the opportunity to increase productivity within the in-house team, particularly if a business is expanding and the workload is growing with it. All marketing campaigns and strategies must be developed with care and attention, and to avoid staff reaching burn-out, or tasks being overlooked due to a high workload, outsourcing to an agency could be the solution. It will help to relieve some of the pressure from the core marketing team, and as a result, increase their productivity.
5. Increased Exposure
Finally, seeking the assistance of an external marketing agency could help to increase brand awareness. While a business’s marketing department will have its resources and connections, an external agency could have different contacts and access to a variety of platforms that the in-house department might not, providing more opportunity for better exposure for a business to the right audience and beyond.
To enhance marketing strategies and to make the workload more manageable for marketing teams within a company, outsourcing is a great solution all businesses should consider.
Want to Achieve Excellence in Strategy Development?
Gain the knowledge and develop the expertise to become an expert in Strategy Development. Our frameworks are based on the thought leadership of leading consulting firms, academics, and recognized subject matter experts. Click here for full details.
"Strategy without Tactics is the slowest route to victory. Tactics without Strategy is the noise before defeat." - Sun Tzu
For effective Strategy Development and Strategic Planning, we must master both Strategy and Tactics. Our frameworks cover all phases of Strategy, from Strategy Design and Formulation to Strategy Deployment and Execution; as well as all levels of Strategy, from Corporate Strategy to Business Strategy to "Tactical" Strategy. Many of these methodologies are authored by global strategy consulting firms and have been successfully implemented at their Fortune 100 client organizations.
These frameworks include Porter's Five Forces, BCG Growth-Share Matrix, Greiner's Growth Model, Capabilities-driven Strategy (CDS), Business Model Innovation (BMI), Value Chain Analysis (VCA), Endgame Niche Strategies, Value Patterns, Integrated Strategy Model for Value Creation, Scenario Planning, to name a few.
Learn about our Strategy Development Best Practice Frameworks here.
Readers of This Article Are Interested in These Resources
|
Excel workbook
|
|
160-slide PowerPoint presentation
| |||
About Shane Avron
Shane Avron is a freelance writer, specializing in business, general management, enterprise software, and digital technologies. In addition to Flevy, Shane's articles have appeared in Huffington Post, Forbes Magazine, among other business journals.Top 10 Recommended Documents on Marketing Plan Development
» View more resources Marketing Plan Development here.
» View the Top 100 Best Practices on Flevy.