Should I hire an inbound marketing agency? This a question that comes up naturally as businesses discover the inbound process.
Inbound marketing is a complex and intensive marketing methodology that offers a strong ROI when implemented but can be difficult to navigate. While a number of businesses opt to utilize the inbound methodology in-house, many others prefer to employ an inbound marketing agency.
As an inbound marketing agency, we admit to holding an amount of bias in this area. However, we believe that the points can be viewed objectively in spite of this.
Understanding the Complexity of Inbound and Success
To take on an inbound marketing approach, you must first understand what it takes to run a successful inbound marketing campaign. An inbound campaign is comprised of multiple bits and pieces working together to accomplish a specific goal. That goal may vary by campaign, but should still utilize the same fundamental resources and tools.
Being fundamentally content focused, people confuse inbound marketing with content marketing. In reality, inbound marketing is much more complex. Inbound utilizes content but is also reliant on a strategy to target that content and use tools like forms, landing pages, and offers to gather the proper information from prospects in order to convert them.
The success of inbound content, however, is dependent on other aspects. For example, comprehensive knowledge of your persona’s buyer’s journey and of lead qualification for your business are important. Without these factors, your content could fail to attract the desired audience. Or, you may be able to attract the audience, but fail to convert and qualify them properly due to asking the wrong questions. Items like content creation are also heavily dependent on the processes you have in place. Without processes and consistency, you could fail to build a strong foundation. This, in turn, could impact the success of any ongoing inbound campaigns you choose to operate.
What does this mean for your inbound endeavors? Potentially nothing. Or potentially everything. A number of businesses are able to adopt and enact inbound with great success. Others try, and end up using an inbound marketing agency, or abandoning inbound altogether. The most important factor in your outcome is the level to which you understand the complexities of inbound marketing.
Taking the Inbound Marketing Agency Approach
If you choose to take the inbound marketing agency route when implementing your marketing endeavors, there’s a number of things to consider:
Pros
- Bringing an inbound marketing agency onboard means having a team of experts to help guide and execute your strategy. This oftentimes means less error and higher efficiency.
- Hiring a team rather than an individual means having the best of the best to generate your content, including designers, writers, and strategists.
- Utilizing an inbound marketing agency allows you to focus on other factors of your business.
- By using a team of experts, you ensure that all knowledge in the field is current and up to date.
Cons
- An inbound marketing agency has the perception of being more expensive than in-house marketers. In reality, if you require the hiring of a team to implement your strategy, it might be comparable in cost. However, agency retainers tend to cause sticker-shock.
- When working with an inbound marketing agency, possible communication gaps may exist. An agency will need time to develop knowledge in your field and to execute on your needs, as they are not in the office with you.
- Negotiating project scope can be a challenge, as agencies have to balance your work with other clients. This means that when a project is underestimated in hours, issues may arise. This can potentially impact the project and/or your costs.
- Agencies require kick-off time to educate themselves on your industry. They need to learn about your company to ensure your marketing system is in place.
Taking Inbound In-House
It can be tempting to take inbound marketing in-house but there are a number of factors that are positive and negative with this approach.
Pros
- In-house marketing communication is much simpler and quicker. You will not have to onboard an inbound marketing agency or worry about passing along the right information. Instead, the team working on the marketing is local and aware.
- Using a marketing manager or a small in-house team means being able to more easily align your marketing strategy with other business efforts.
- An in-house team may be able to implement strategy more quickly because there’s not a learning curve.
- Your team has sole control over strategy, and therefore control over the related decisions, successes, or failures.
Cons
- Inbound marketing takes time to learn and even more time to perfect. This can be difficult for a team starting out.
- Paying a salaried staff may cost as much if not more than a monthly inbound retainer.
- If key staff members leave, a lot of training is lost and replacements may not have the same knowledge base.
- Your staff will not have the same skill depth as professionals to produce top content and design.
- An in-house team may also be spread too thin, especially starting out. Without a full team on board, your in-house department will likely wear multiple hats.
The Deciding Factor
If things are looking pretty even to you right about now, that’s because they are. For some companies, the choice between using an in-house team v. an inbound marketing agency is simple enough based on their needs. For others, it’s too early to determine which will work best for their company. The best thing to do when choosing? Keep in mind your goals, timeline, budget, and plans for scalability to determine which options will meet and support your business.