In the previous part, we discussed how business owners should clearly define their budget even before hiring the best digital marketing company. If not, underspending or overspending can cascade to cast big losses. If you didn’t read it, please give it a quick read: Hiring Digital Marketing Agency in Recession (PART 1)
Here are two more tips to help you hire the best digital marketing agency during this recession (and pandemic):
Spending $10,000 on digital marketing might look quite big at face value.
But when you bring the ROI into the equation, it looks justified and even less.
If you’re getting $50,000 return on your $10k investment, that doesn’t look too shabby, does it?
So, do not focus too much on the face value of your investment in digital marketing. Instead, heed to your ROI.
This is another way to say: don’t be too centric to the cost. If an agency offering SEO services Kolkata charges a bit more, don’t obsess that cost. Instead, focus on the ROI. Is that ROI worth the price? Does that return match your needs and expectations?
So many companies over-prioritize the cost of outsourcing digital marketing. In that, they end up letting go of some really good agencies who would have brought them high ROI.
Just like businesses in your industry, digital agencies are struggling as well. Many of them have been hard due to this pandemic and recession. They are in their own battle to keep self afloat.
Some of them, in fact, unfortunately, has shut.
You don’t want to hire an agency that’s struggling itself; an agency that’s laying off its professionals and experts; an agency that isn’t in a position to maintain its infrastructure and operations.
They might not be able to deliver you a good return and experience.
Plus, there would be that worry regarding what if this agency collapse if things go bad. Your company would be left high and try, back at the starting point. You will then have to hire another digital marketing agency.
In that, you’re going to end up losing a lot of money, time, and opportunities.
So, find an agency that’s doing well itself and can have lasting relationship with you.
Read next part: Hiring Digital Marketing Agency in Recession (PART 3)