B2B Monday Myth: I Can Save Money By Keeping Digital Marketing In-House

by MGB2B

keeping digital marketing in-house

 

The Myth: Keeping Digital Marketing In-House Saves You Money

The Truth: With All the People You Need to Hire, Outside Help Is Worth Looking Into

Some companies are big enough that they can afford the marketing team they need to run their digital campaigns. But often, this is not the case. The number of people you need to have on staff to do digital marketing well is higher than you might think.

Think about it in terms of the different channels you need to drive prospects into your sales funnel. Then, consider the people who make that happen. Let’s take a look at the key components of a strong digital program:

  1. Paid Search and SEO. These are easily two of the most important parts of a successful digital marketing program, but B2B brands are often unsure of how to execute them successfully. You can hire an expert internally or an outside agency to help you avoid roadblocks.
  2. Email. This is easily overlooked, but it is essential for reaching both prospects and current customers. Whoever runs your email program should know everything there is about segmentation, testing, landing pages, and reporting (just to name a few).
  3. Content Creation. This is a big one. Content takes a lot of time. And often a lot of people, depending on how many pieces of content you’d like to produce each month. The best thing to do is calculate that first, then figure out how many people you’ll need to pull it off. Some companies use 1 or 2 people. Larger brands often have entire content studios producing their content. Wherever you fall on the spectrum, your content team will also rely on some of your key staff outside of the marketing department for stories, demos, and other substantial pieces they can turn into engaging content. Together, you can create the arsenal of content you need for a successful campaign.
  4. Social Media. Have interns running your company’s social media? You may want to rethink that. Content is no good unless it’s distributed properly. You’ll need someone who can not only post now and again but create an overarching social media strategy that can be fine-tuned and perfected over time.
  5. Design. With increasing demand for compelling visual content and landing pages that drive prospects to convert, you’ll need a talented designer to help you. Many B2B brands focus on quantity when it comes to content, leaving design and writing to fall by the wayside. But you can’t underestimate the importance of design. Simple, intuitive design is a difficult goal to achieve, but there are designers out there who make it happen every day. Those are the ones you want to work with.
  6. Reporting. Some reporting will fall to your Search person. Some to your Email person. And some to your Social person. But you’re going to need someone who can evaluate everything from the top down and make recommendations to improve your marketing program overall. This might be your Marketing Director or someone beneath him or her. But it needs to be someone who’s good with numbers. And someone who both cares about accuracy and can interpret data.
  7. Web Development. Not all web developers are created equal. If you’re lucky, you can find one who is brilliant not just at coding but at understanding the consumer’s journey online. They understand the importance of user experience. And do everything they can to make it smooth and seamless. There are not many who have mastered this. So when you find someone who has, do whatever you can to make them stick around for as long as possible.

Depending on the needs of your organization, you’ll need at least one person working in each of these categories (if not more!). And you won’t likely want entry-level people in these positions.

So, using the list above, add up the salaries of your mid-to-expert-level internal digital team. Then compare the total to what an ad agency or other outside service might charge. More likely than not, your number is going to be higher than the agency’s.

Often what works best is a mix of an internal team and an outside agency. Your lean, internal team works with the agency to develop a sound marketing strategy, and each one uses their strengths to implement the seven key components listed above. Which gives you the most bang for your marketing buck. And keeps you – and your CFO – smiling.

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