Yes i strongly agree that startups should outsource marketing.Firstly,it saves time,money and for sure the overheads of the company.Secondly- there are also many other departments to be taken care off like Production,purchase and Finance to name a few.Moreover,in todays scenario many MNC's outsource there marketing jobs,still if they have a full fledged marketing dept.I'll not say that its the marketing fault its just that there are so many works which need to be outsourced. I think it would be a good option for Startups to outsource marketing
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upasana sah, Asst.Manager,Marketing, Dabon International Pvt Ltd, Group Soparind Bongrain
| 01 04 2011 09:50:37 +0000
a very useful debate especially for young budding technoprenuers. I agree with the points pointed by the respective experts . The only concern in this is that a start up runs with lots of contrainnts especially the monetary ones . Spedning upon huge marketing campaigns initially is out of question . The platforms that can be useful here are the "social ones " which really help in the "viral " marketing. For instance Notion ink with their Adam tablet have done a remarkable job and the blog hits are the no 2 on wordpress with thousands of fans following actively. So much so that all the orders of Adam have sold out . I hope this helps as an inspiration for technoprenuers . thanks Sudeep for such a wonderful debate .
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Shaikh Mohd. Laeeq, Technical Associate R&D , ThinkLABS Technosloutions Pvt. Ltd.
| 01 03 2011 10:54:39 +0000
I usually am in favor of outsourcing because it ensures quality and timely completion of the outsourced need (obviously keeping in mind that the outsourcing company is trustworthy). Therefore, I completely agree with Mr. Bhave and Ms. Gupta that marketing too can be outsourced. Though a core function, every business requires a specific kind of marketing and hence, it should be left to the experts. I agree it can be costly but this is where the priorities can be set with external consulting and help. Once this is done, and once your initial goal is achieved (say, your product developed) then you can focus on marketing yourself!
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Manish Sagar, Head - Business Development
| 09 07 2009 17:16:39 +0000
I agree with you Veena. Effective marketing requires time, energy and focus. Most of the times marketing technics are time consuming and labor intensive. So finding a market,preparing brochure,design and update of website etc is time consuming. Time is valuable for the start-ups. Hiring an outsource marketing company ,allows business owners to focus on many other priorities.
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Esha Johar, Risk Analyst, Irevna
| 09 05 2009 08:43:41 +0000
Initially, for start ups outsourcing Marketing functionality is definitely a good idea. In fact this is where the Consultants come into play big time!! Because of the nature of atart ups, being funded, the epenses are closely watched and controlled! The ROI is calculated on virtually a monthly basis. The investors are definitely bothered if not worried regarding their investments. Marketing is not a very affordable department of such ventures and they definitely afford a retained agency (advertising, keeping in mind the nature of products and the brand key) on a monthly basis. Outsourcing Marketing gives the strat ups options of keeping the Consultant engaged on a much lesser cost as the overheads of an agency would not afford the retainer a Consultant can. Also, the Consultants can be engaged on various stages on project adbancement basis hence saving humongous costs!! I feel that its a brilliant idea!
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Makrand Bhave, Marketing & MICE, WIZCRAFT International
| 09 05 2009 08:22:57 +0000
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Context here is a start-up so we can safely assume that there are very limited resources including raw material and money. Hence aggressive marketing or mass marketing can create pressure on supply chain and lead to deterioration of quality. Therefore start-ups need to market themselves by the channel of 'word-of-mouth'. Stated that, word-of-mouth marketing can only be achieved through quality product and service delivery and hence outsourcing marketing function at this stage is not a feasible option.
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Saurabh Kotwaliwale, Manager - Corporate Strategy
| 01 04 2011 10:57:02 +0000
Marketing is one of the core functions which carry significant strategic value, for any Company that sells products. Just like trade secrets, marketing also insists for maintaining a high degree of confidentiality. Outsourcing this function will just have negative repercussions.
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Resmi Maxim, GENERAL MANAGER - OPERATIONS, SI PROPERTY (KERALA) PVT.LTD.,
| 11 06 2009 04:28:46 +0000
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