Eight ways to cut marketing costs without losing quality or speed

Guy Norwell
posted by Guy Norwell
25 June 2014

26 June 2014 | Guy Norwell

Guy Norwell, business development director, RedworksEveryone is driving down costs using a combination of technology and global outsourcing but the trick is not to let quality or speed to market be affected.

Perhaps the best way to analyse this is by looking at the pros and cons of each.

Technology

Pros: Automation can reduce staff costs and time to market.

Cons: Automation can only work within strictly defined parameters. For anything outside the box activities can grind to a halt, with human intervention required. Quality and attention to detail can also sometimes be affected.

Global outsourcing

Pros: Significant cost reductions

Cons: Personnel working remotely are not immediately accountable. This combined with a lack of cultural nuances and difficulties in operating across different timezones can impact on the quality of delivery.

Taking the above elements into account, the trick is to harness the pros without the cons being able to impact on the quality of your brand or speed to market. This can be easily achieved by taking into account the following eight tips:

  1. Carry out due diligence and spend time upfront understanding your exact objectives.
  2. Optimise local market involvement and insights.
  3. Make sure your master assets are fit for purpose.
  4. Use tools, automated project management and centralised digital asset management.
  5. Harness “right sourcing” for the appropriate resource versus simply offshoring for cost reduction.
  6. Develop a robust reporting system which you can quickly optimise.
  7. Recognise that one size doesn’t necessarily fit all.
  8. Top down enforcement within the organisation.

☛ Guy Norwell is business development director, UK & EMEA at RedWorks

LATEST
JOBS
Swindon, Wiltshire
upto £40K base (+ Paid overtime and corporate benefits)
Honda Manufacturing Ltd
Kew gardens, Richmond upon Thames, London (Greater)
£37,000 - £42,500 per annum pro rata, depending on skills and experience
Kew Royal Botanic Gardens
SEARCH JOBS
CIPS Knowledge
Find out more with CIPS Knowledge:
  • best practice insights
  • guidance
  • tools and templates
GO TO CIPS KNOWLEDGE