Partnering with Marketing Agency vs hiring in-house.
Partnering with a digital marketing agency is much less commitment than hiring a full in-house team. Your company isn't responsible for any recruiting, interviewing, onboarding, or any of the other time-consuming and often expensive tasks that come along with a new employee.
Is it better to do your digital marketing in-house or partner with a digital marketing agency?
It’s an important question for every business owner to consider, and there is no universal right answer. In fact, we’ve found that a combination of the two is often the best solution. Hiring a digital marketing agency to work in tandem with your in-house marketer or team can be the most effective way to optimize your marketing budget.
EXPERIENCED PROFESSIONAL SKILLSET
The primary reason that businesses choose to partner with a digital marketing agency is that they get an entire team of specialized, experienced professionals working on their project for significantly less than it would cost to build that same team in-house. Most small businesses don’t have enough work to justify bringing on a full-time developer, full-time SEO expert, and full-time social media account manager. However, a large majority of companies would benefit from the services of each of them. Partnering with an agency brings those skills and more to the table without any additional investment. Having such a vast range of skills at your company’s disposal also makes it easier to diversify your marketing efforts.
Generally speaking, it’s significantly cheaper to partner with an agency rather than bring on a full in-house team. That being said, the total cost can vary greatly based on the size of your business and how much you’re looking to accomplish. Both internal and external marketing can amount to a sizable investment. A full in-house group requires significant overhead, including salaries, benefits, office space, equipment, training, recruiting, and more. An external agency can be one of the largest line items in a marketing budget, and because of that can be an easy target for cuts and renegotiations. All things considered, a digital marketing agency is usually the most cost-effective solution for high-quality marketing work. For the same price as one or two full-time salaries, you gain access to a complete team of professionals across multiple marketing specialties.
Aside from the skill gap, one of the biggest challenges in-house teams face is employee turnover. Marketing employees can be especially prone to burnout when working internally for one company for a few years, and their creativity can stagnate. As a result, many junior-to-mid-level marketers change jobs every 2-3 years. When an employee leaves, not only are their recruiter fees, interviewing costs, and training to account for, but also the work burden that falls on your other in-house employees while a replacement is found. That can mean a delay or halt in your marketing campaigns. With an agency partner, you can be certain that your marketing strategy will still be consistently executed month after month.