Marketing Agency vs. In-House Marketing Team [Infographic]

Marketing Agency vs. In-House Marketing Team [Infographic]

Market Veep Market Veep 2 min read Nov 13, 2017
Marketing Agency vs. In-House Marketing Team | Market Veep
2:06

Your business is growing. You've networked, gone to trade shows, and hit the pavement running. Maybe you've even taken out a few ads. But in order to keep growing, you'll need a steady flow of leads coming in. It's time to make a decision about marketing. So, should you work with a marketing agency or hire an in-house marketing team?

There are pros and cons to each approach.

With an in-house team, you have more oversight. Also, your in-house team spends every working hour on your company's projects.

With a marketing agency, you don't have to hire or train anyone. You get instant access to a diverse set of skills. Furthermore, your agency team can offer independent insight into your strategy.

But most businesses are concerned about cost. Hiring an in-house team is extremely expensive, and most marketing budgets are thin at best.

You could hire a single person to handle the task. But to get the real benefits of digital marketing, you'll still need additional talent. At the very least, you need a web developer who can work on your website. If you add in overhead, an in-house marketing team could cost you hundreds of thousands of dollars.

For a clearer look at the numbers, check out our marketing agency infographic:

Marketing-Agency-VS_-In-House-Marketing-Team-Infographic

Most companies appreciate the importance of digital marketing, which is why every company has a website. But not every company knows how to leverage tools like blogging and social media.

At the very least, an agency can give you a second opinion about your marketing assets. On a budget, an agency can pick out the most important strategies to focus on. If you decide to keep them on, they'll take care of the legwork for you.

Agencies will cost you a fraction of an in-house marketing team. They have all the skills you need to launch your digital marketing campaigns. Some companies love their agencies so much that they work with them for years.

But, if you have the budget for it, you may want to hire your own team. Both are viable strategies for growing your business.

Good luck, and happy marketing!

FAQs

We have an in-house marketing team but their time is so limited, is that normal?

Unfortunately, yes. A study found that 69% of B2B marketers are challenged for time while 57% of B2C marketers are. While it’s great to have talent under your roof, an inevitable downside is their (lack of) availability to execute on their talent.

We’ve been debating getting our team training vs outsourcing projects to a specialist. What should we do?

It’s always a benefit when you can improve the skills of your team. But of course that takes money. And time. Consider that 37% of in-house marketing teams admit to a lag in their skillsets. With a marketing agency, you get instant access to a diverse set of skills. And as an extra bonus, your in-house team can pick up some background on those skills as the project commences.

What risks do we run by bringing in some “hired hands?”

A good marketing agency won’t view themselves that way. They see their team as partners (an idea echoed by a majority of executives). Remember with an agency, when you succeed, in many ways they do, and just like you, they are not looking for one-and-done clients but companies they can have long-term relationships with.

So we shouldn’t hire an agency for help?

If you have the budget and the ramp up time to hire your own team, it can be a great way to grow your business. But when budget and time are at-odds, a marketing agency can help you get to the next level.

 

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