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7 Tips Every Young Startup Needs to Keep Itself Safe

When you are handholding your young startup as it takes its baby steps towards adolescence, it becomes difficult to handle all operational aspects. One critical issue that needs your attention is the security of the website and IT systems. While most small businesses do neglect this aspect, studies show that small businesses bear the brunt of these attacks. Mostly because they are unprepared against such attacks. A 2019 Ponemon report on the status of cybersecurity with small businesses showed that only 30% of the sample companies stated that they have adequate security postures against cyber threats. Understand how a secure website helps It always helps a startup if the founders understand the problem at hand. Similarly, it also helps if they are aware of the dangers of a potential data breach and the methods that can be deployed to prevent this from happening. Once you have an inkling about the issue at hand, do formalise a plan to address this issue. Devise a formidable secur...
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Outsource Your Marketing Function | Focus on Your Core

You had always been a prodigy with lots of ideas. At last, you were able to start on your own. You have a robust business plan. Your venture is ready for take-off. You are, however, still sceptical about one aspect of your business. The marketing aspect! Who will handle your marketing activities? You need to outsource, which happens to be a smart solution. Freelance marketing communications is the order of the day.

Why you should outsource

Marketing is vast. You don't have the bandwidth.

The customer journey does not follow a said pattern. You need to undertake several marketing activities simultaneously. If you neglect any aspect, your competitors will barge ahead. This requires you to depute staff with different skills. You need to deploy the agencies which can undertake the specific elements of the marketing function. This requires you to interact with numerous agencies parallelly. However, it allows you to create an integrated marketing function that meets your budget.

How do I generate so many ideas?

When you started, you were able to focus on your marketing efforts yourself. Now, your business has grown. You need to focus on more critical aspects of your business. Who will generate those ideas? Who will ensure that the target market views your company as a thought leader? Your marketing partners will break this rut. They can provide a fresh perspective and improve your marketing mix.

How do I handle a new department?

Your organisation is still nascent. Still, do you need to recruit a full-blown marketing department? There are numerous drawbacks. What about the overheads? What about hiring costs? You need to minimise the overheads. It is best to outsource without overwhelming your business.

Access to the latest strategies

Your marketing partners are experts. They have access to the newest marketing trends. They are always trying out new ideas and trying to transfer the best practices across their clients. They bring in fresher aspects and perspectives that you may have never thought about. Your partners can identify transferable capabilities and create unique opportunities for their clients from diverse industries.

The marketing function is more efficient

You need to measure the department's efficiency. There must be well-defined, measurable KPIs. The agencies have a team of subject matter experts who are deft at handling different aspects of marketing. They measure their activities against definable KPIs. In this way, you can have an overview of your business through dashboards and reports.


Optimise your marketing budget

You can tweak your marketing spend as per your budget. You would not be needing to allocate equal amounts of investment across all departments of marketing. You can now pick and choose based on the monthly reports.

How to choose your freelance marketing communications partner

Now comes the most challenging activity of all! How do you select your freelance marketing communications partner? What are the KPIs to zero down on your preferred partner? Some of the parameters that could help you are below.

  • Reputation
  • Client list and testimonials
  • Services portfolio
  • Organisation size
  • Pricing model
  • Payment terms

Conclusion

You need to ensure the optimal utilisation of your resources. Keeping this in mind, you need an economical solution that allows you to enjoy the benefits of going online. Every company would like to be your marketing partner. However, do they have the credentials? Will they be able to help in your path towards growth? Your best partner would be someone who would collaborate with you and ensure growth.

 

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