Inbound vs. Outbound marketing
And whether you should do it yourself or outsource to an external agency.
Written by: Yusuf YoungEdited by: ...
When you are thinking about how to get started with Inbound Marketing, one of the first things on your mind will likely be how to get more visitors.
Getting more visitors is the first step of marketing. And there are basically two ways to get more visitors: Inbound Marketing or Outbound Marketing.
Inbound Marketing vs. Outbound Marketing
Inbound means that you write great content and let people find you.
Outbound basically means paying for traffic.
Inbound is a more sustainable and more effective method long-term. The content you write, as long as it is good, relevant and valuable for your readers, will continue to drive high quality traffic that will have a higher likelihood of converting, since the content itself will inherently give credibility to your offering. In short, inbound is all about:
- Writing great articles (most commonly blog posts and usually about the client's problems in relation to how your offerings those those problems).
- Publishing those articles on various social media (and other) channels to gain more exposure and gather a following.
- Producing great lead magnets and linking to those lead magnets from your articles (to convert those visitors into leads).
Outbound is a quicker approach and can be used to "buy clients" by paying for traffic. It's quicker, and it works very well as long as what you're paying to show is relevant to the right audience you are targeting with your ads, your offer to those clients is relevant to their expectations and needs, and the "conversion pages" or offers those ads lead to are valuable for the target group. Outbound can be used to complement inbound, and capture segments that inbound would normally not reach (for example, targeting specific audiences with audience-specific offers). It's also a very good approach to capture people who are a bit further along the buying journey and looking for vendors to solve their problems - since you can then get more immediate ROI on your ad money.
Should you do it yourself or outsource to an agency?
This depends on your own resources and capacity, as well as whether you want your competency around marketing to grow or if you'd rather depend on external experts.
Do it yourself
This will usually take longer, since you'll need to learn all the ins- and outs of marketing yourself. But in return, you will have more flexibility, as your own knowledge grows. As your knowledge grows, you'll be able to do more advanced and unique marketing, more tightly integrated with your services.
Here, FunnelBud is your Marketing Technology Department and helps training you and get things done. We consult with you to help you determine what strategies to use for your business (we want to make you a marketing genius!), we implement the things you don't need to learn (advanced system setups, customizations, etc.), and we teach the things you do need to learn (for example we build campaigns, create segments, send newsletters, and anything else that's normally "your job" together with you over shared screen while discussing the best approach and teaching you at the same time).
On the other hand, an external agency is probably expert on how market with standard processes that can be adapted to your needs, to get the quickest ROI in the shortest amount of time possible, without draining your own resources.
This is usually quicker and less painful, since an external agency can plug-and-play (or customize) standard inbound marketing processes to get you quick results.
Good agencies can choose from a variety of tactics, both inbound and outbound, and can often leverage existing processes and economies of scale, to produce better marketing in a shorter amount of time than you would be able to do yourself.
If you work with an external agency, be sure to speak with FunnelBud since we have fantastic partners who can take on large parts of your marketing and act as your own marketing department who will work closely with us to implement your marketing tactics in your own FunnelBud instance.
Summary: Your four options
If we look at the options described above (Inbound vs. Outbound, and In-house vs. Outsourced), we get 4 ideal types of marketing that you can do.
In reality, of course, it's not as clear cust. Most companies have a focus on one of these ideal methodologies, but often use several of them at once. For example, they might do both Inbound and Outbound, with a focus on one of them, and they might do most of it in-house while they outsource certain parts of their marketing.
In summary, here's the four ideal types of marketing that you can do: