How big does your company need to be before you use marketing professionals?

For brands who are growing  and becoming profitable there comes a time when you choose to professionalise your marketing.  Many businesses decide at this point that they have two choices: to hire a staffer or to buy in expertise from an agency.

Why you need better marketing

The needs are clear – you want more traction with your marketing, you suspect that there are better ways of doing promotion and marketing to get inbound leads and you can afford a budget just for marketing.  These are good signs.

You have identified clearly that your brand has a need and the possible shortcomings of your current set-up.

Hire versus buy: the dilemma

There are advantages and disadvantages – the internal member of staff will need to have well-rounded skills in a range of marketing disciplines (web, advertising, PR, copywriting, print design) and therefore a senior hire with this range of skills is more expensive than a junior.

Using an agency also requires decisions about their skills and area of expertise compared with the type of marketing and communications activity your brand has done in the past or plans to do in the future.

Costs are usually the determining factor

It may be less costly to hire external advisers compared to the cost of a senior member of staff – compare the full cost of hiring and paying (including office costs) a new senior marketer with the price an agency would charge you.

Have a couple of ‘chemistry’ or getting-to-know-you meetings with local marketing agencies and ask their advice.  Also ask to speak to a couple of their recent clients to see if they also made the same transition.

A third option worth reviewing is using a freelancer.  You don’t have the full hire costs of a full time person but can often get very experienced people at lower fee rates.  Check out the freelance hire websites like eLance.com and Freelance.com, Freelancer.com and guru.com.  I’ve successfully hired people for my agency and for clients using eLance.

Creative Agency Secrets has two current clients who use us for mentoring work.  They hired a junior marketer and we speak weekly to review their work, priorities and give guidance.  Could this work for you?  Give us a call – we always offer a free 20 minute first call.

In the meanwhile here are a few other articles that may help you figure out what to do

• Advertising – do it yourself or hire
• Hire a PR firm or do it yourself?
• Do it yourself internet marketing, or hire
• Hubspot offers inbound marketing tutorials for people using its website / content marketing system.
• Read Creative Agency Secrets’ assessment of Hubspot and how to do it yourself
• SEO do it yourself or hire a professional
• Small Business marketing – DIY or hire a pro?
• Web design – do it yourself or hire someone
• DIY or hire a market research company?

Related posts:

1. Critique: Marketing your Creative Agency
2. Leading agency thinking from the USA & SXSW
3. Why hire a Pitcher?
4. Giant Disconnects of Today – job titles versus reality
5. MNK event on “coming of Age” marketing to older people

Posted in: 2 Marketing Communications, Advertising, B2B, B2C, Branding, Business Development, Content Marketing, Creative Business, Design, Digital media, Direct Marketing, Email, Lead Generation, Marketing, Marketing ideas, New Business, PR, Research, Social Media.