Most small businesses manage their own marketing. A marketing agency for small business seems like an unneeded expense. But hiring one is often worth it.
Let’s explore what it’s like to leave your marketing to the pros.
Marketing agencies offer key services to help customers reach their goals. They can run ads. They can hone branding. They can plan media campaigns. They can even organize events.
Agency employees often have specialties. These experts use their skills to help businesses’ unique marketing plans succeed.
Marketing agencies offer a lot of services. You are not expected to use them all. Think of where you need help before you choose a service.
A marketing agency can help you:
You may hire a marketing agency to help with a few key challenges. For example, a new clothing boutique may want to identify a target audience. They may ask the agency to research and identify that audience. Then, they may ask the agency to create an audience engagement plan.
You may hire a marketing agency for a one-time project. For example, a local bakery might want to increase brand awareness. They might ask the marketing agency to create a local marketing plan for the holiday season. Then, they might ask for help executing the plan.
You might not even be sure where to begin. In these cases, many marketing agencies will help you figure out how to get started.
A marketing agency for small businesses offers many benefits. These include:
Marketing agencies hire experts who specialize in various tasks. You can expect them to use cutting-edge tactics on your projects.
Managing a marketing project as a business owner is difficult. You have to spend a lot of time learning basic tactics. Marketing experts are familiar with all grades of marketing projects. It takes them less time to complete projects.
You can expect success when your marketing projects are run by industry experts.
On the flip side, there are downsides to using a marketing agency for small businesses. Marketing agencies come with:
You’re going to have to pay your marketing agency. You can lower costs by hiring a marketing agency for only a few tasks. Yet, you’ll still be making a small investment. It’s cheaper to research marketing tactics and execute them yourself.
Marketing agencies expect to lead marketing initiatives. Your agency will try its best to follow your vision but expect differences. Remember that the experts may have a better idea of successful strategies.
A marketing agency will probably help your business succeed. Yet, it might not boost your revenue as much as expected. It might not boost your revenue at all. Be prepared for losses.
Marketing agency fees depend on your location and needs. Expect costs from $1,000 to $12,000 per month.
An industry expert surveyed digital marketing agencies. She found that:
The costs of a marketing agency for a small business vary. Shop around and find a price point that fits your budget.