The digital marketing landscape is changing at a rapid pace, with many organizations planning to up their budgets and diversify their tactics in the coming years. In fact, according to Forrester research, CMOs will spend nearly $119 billion on search marketing, display advertising, online video and email marketing by 2021.
“Over the next five years, search will lose share to display and social advertising while video will scale,” Forrester said. “These changes reflect a new emphasis on quality over quantity, a dynamic that will reintroduce human intervention into programmatic ad buying, turn marketers into growth hackers, and put long-tail publishers out of business.”
To keep pace with these trends and take advantage of growth opportunities, many marketers are wondering how they can best leverage their resources, tools and budgets. As a result, a question that has likely come up is: Should we make a new in-house hire to achieve our goals or is an agency partnership a better fit?
As we close in on two decades of work in the digital marketing realm, our experience tells us there’s no one-size-fits-all answer. Every organization is at a different digital marketing maturity level, which requires a tailored approach in order to scale their initiatives and drive results.
So, before your post a job req or sign an agreement with an agency, ask yourself the following questions:
#1 – What are my marketing objectives?
Your goals are the foundation of your marketing strategy, guiding every decision and tactic that comes next. As a result, evaluating your goals is a critical first step in weighing your…
