Will outsourcing transform your marketing communications processes?
It’s common practice to contract agencies for capabilities that don’t exist in-house – like branding or design – but these are typically one-off projects. With outsourcing, a marketing director makes the agency focus on results rather than on the process itself. Instead of instructing the agency how to do the work, the client specifies what it wants to achieve and lets the agency determine how to achieve those ends. The agency becomes directly (and contractually) accountable for success. Outsourcing offers a number of important business benefits:
Through increased speed to market and contractual agreements that mandate shorter cycle times, more targeted localisation and increased output. By outsourcing, marketing directors have the skill set they need to be first in the market as new opportunities emerge without the limitations of in-house skill sets. A study conducted last year by Accenture found that executives frequently struggle to shorten the time it takes to create and launch a campaign. On average the campaign cycle time is 2.5 months, with a third of companies taking up between two and four months to launch.1 If your competitor can launch in two months but it takes you four, you are clearly at a disadvantage. Outsourcing levels the playing field…