CFO’s – sick of marketing budget blowouts?
Outsource the marketing department.
Any day of the week is a good day for cutting expenses and with the current economic conditions the need to control the purse strings is as tight as ever. There is one area of the business which needs attention: marketing. Now is certainly not the time to cull the marketing budget, but it is time to consider alternatives. A great alternative is outsourcing the marketing function.
Marketing outsourcing is an attractive alternative to traditional in house marketing and an accelerating trend. Here’s why:
Cost - The accountant’s favourite reason: the ability to budget accurately the total cost of company marketing.
But there are a lot more reasons than that:
Creativity – Most in house marketing departments churn out the same ideas year after year. Think about it. Has your company had any earth shattering marketing innovation in recent years? Thought not. Allowing an external team of marketing professionals to develop ideas and strategy will produce results.
Capability - Most company’s marketing is limited to the current capabilities of its staff. Imagine how good your marketing could be when people working with your brand are all seasoned marketing professionals with proven results.
Accountability – Proving results in marketing is no mean feat. And admittedly, it isn’t always about financial results; brand management, public relations, awareness all have a part to play. However, professional marketing outsourcing offers results and accountability and client strategies designed for long term success (well MKTG does – www.mktg.com.au ). Remove the exasperation and current employee excuses and look forward to demanding results and butt kicking.
Complacency – Employees leave or get bored and sometimes, would you believe it, people really slack off and spend all day Googling. Outsourcing your marketing ensures that does not happen – that carrot is always dangling just out of our reach and tenacious marketing outsourcers always want it. At MKTG we chase that carrot until we get it.
Flexibility – Depending on your company requirements, you may need to do marketing on an ‘as required’ basis. This frees up your project space, removes downtime and allows the benefits of a marketing department without the full time commitment.
So before you snip that marketing budget, look at the alternatives – outsourcing; still great marketing results with the benefit of predictable marketing accountability.
