The 2024 In-House Barometer is live
Get the inside scoop on the latest trends and challenges in in-house marketing.
The In-House Barometer is a comprehensive survey designed to capture the pulse of in-house agency dynamics, strategies and challenges. Conducted annually, this study delves deep into the heart of how in-house agencies operate, evolve and contribute to the overall success of their parent organizations.
INSIGHTS
SHARING IS CARING
In-House Agencies Take Center Stage
We have taken a deep dive into the numbers of prestigious industry awards the data underscores the significant rise of in-house agencies over the past decade. At the Cannes Lions International Festival of Creativity, the growth of in-house participation and success is particularly striking.
From Cubicles to Cannes: The Rise of In-House Creativity
The traditional divide between in-house marketing teams and external agencies is rapidly dissolving. At ZITE, we’ve observed firsthand how in-house agencies are transforming from corporate support functions into vibrant, creative powerhouses. Our latest endeavor, the 2024 In-House Barometer Study, delves deep into this transformation, revealing how in-house teams are not just adapting but leading the charge in creative and strategic innovation.
In-House Media Buying
Media buying—should it stay in-house or go to an agency? If only the decision were that straightforward. The truth is, in-housing is far from a binary choice. It's more like a spectrum of possibilities, each with its own perks and pitfalls, depending on the size, focus, and goals of a company. And it’s this spectrum that’s shaping the future roles of agencies, advertisers, and publishers.
So, what does this distribution of roles look like going forward? Who’s best positioned to connect all the dots in a way that makes sense for everyone involved?
In-House Agencies are Busy
In-house agencies are not merely growing; they're shouldering an increasing workload. The 2024 In-House Barometer sheds light on a dual progression, charting an exciting course for in-house agencies.
AI Expands Creative Horizons
The new 2024 In-House Barometer report, surveying over 1,000 marketing professionals, offers invaluable insights into the profound impact of technology on marketing teams. This exploration delves into the nuanced ways in which AI and technological advancements are not just influencing, but significantly enhancing creative efforts within the industry.
In-House or Outsource? Don't Just Wonder, Compare
The perennial debate of in-house versus outsourced marketing continues to puzzle companies of all sizes. Each approach boasts its own unique advantages and drawbacks, leaving you to ponder which truly aligns with your specific needs and objectives. However, a crucial element often overlooked is the importance of actively measuring and comparing the efficiency of both models.
Big Teams in Big Companies? More Nuanced than You Think.
The 2024 In-House Barometer Study reveals an intriguing correlation: Larger companies often boast more extensive in-house teams.
From Production Powerhouses to Creative Innovators
The data from the 2024 In-House Barometer offers a comprehensive view of the current state and future ambitions of in-house agencies across different geographical regions, categorized into three distinct Tiers of operational focus.
The Flex Factor
Remember when marketing plans were set in stone? Well, not anymore. We're in an era where being nimble is the new black. Gone are the days when a yearly marketing plan could be created, approved, and then executed without significant changes. In today’s ever-changing environment, flexibility and agility are not just desirable in marketing; they are essential. A marketing organization's ability to adapt quickly to market changes, consumer behaviour shifts, and technological advancements is a critical determinant of its success.
Flex Your Marketing Muscle: In-House Meets Outsourced in the Elastic Future of Marketing
Historically, businesses have grappled with a choice: build an in-house team that deeply understands the brand but may lack external perspectives or hire external agencies for their fresh insights but with potential disconnects in company culture. This dichotomy often resulted in challenges regarding career development, creative constraints, and resource management.
The "In-house Agency as a Service" model ushers in a transformative phase in marketing management. It combines the close familiarity of in-house teams with the wide-ranging expertise and scalability of external agencies.
The state of In-House in Europe
Companies bringing their marketing efforts in-house is a growing trend in recent years. From social media and content creation to media buying and campaign development, businesses are investing in talent to handle these tasks internally. This shift has proven successful for many companies in terms of both creative campaign awards and effectiveness, as it keeps marketing efforts closer to the core of the business.
However, in-house marketing teams sometimes struggle to find time for creativity and a fresh perspective. To better understand the current state of in-house marketing, we conducted this study, receiving more than 1,200 responses from the European business world. This report aims to gauge their thoughts and feelings about in-house marketing, to identify differences between in-house and outsourced marketing work, and to uncover both models’ perceived advantages and disadvantages.
The greatest challenges for in-house setups
It is no easy task to run an agency, whether it is in-house or a traditional agency. But from our experience, in-house setups often face other challenges compared to their external counterparts.
So, we asked the teams to identify the greatest challenges they currently face. Here are the Top Ten Challenges in order of frequency:
The Simple Path to Better Marketing: It’s Time to Collaborate and Measure Right
Marketing teams worldwide are doing okay, but "okay" isn't enough. A recent study by the WFA shows we can do much better if we focus on teamwork and measuring our success the right way. Here's a friendly guide to help us all step up our game
Embracing Co-Creation for Innovative Campaigns
Have you ever tried to solve a puzzle, only to find a piece missing? Frustrating, isn’t it? The world of marketing often feels akin to this—a jigsaw puzzle with that one elusive piece always just out of reach. Could co-creation be the piece we've been so fervently searching for?
Creativity is the lifeblood of innovative marketing campaigns. Yet, as in-house teams expand and the weight of corporate culture sets in, that vibrant creative pulse can start to wane. Remember, sometimes, two heads truly are better than one.
Cutting Costs without Compromising Quality - The CFO's Guide to On-site Agencies
In the quest to optimize budgets without sacrificing quality, CFOs and procurement professionals are turning to the "In-house Agency as a Service" model. Offering a unique blend of cost-effectiveness and specialized expertise, on-site agencies are redefining the value proposition in marketing expenditure.
In-house Agency as a Service - The Future of Efficient Marketing
The modern digital landscape has blurred the lines between in-house marketing teams and external agencies. "In-house Agency as a Service" emerges as a transformative solution, merging the intimacy of internal teams with the expertise of external agencies. This model is not just a cost-saving measure; it's a strategic move for professionalising in-house marketing operations, ensuring rapid scalability, and leveraging the best of MarTech tools.
The Rising Importance of Compliance in MarTech and AI and why an On-site Agency might be the solution Solution
As businesses further embrace MarTech and AI, the intertwining challenge of compliance grows stronger. These powerful tools that shape our digital experiences bring with them responsibilities that businesses can't afford to neglect. At the heart of this is the novel solution: on-site agencies.
Navigating the Compliance Labyrinth: How On-site Agencies Simplify the Puzzle
In an age where regulations and laws evolve at an unprecedented rate, ensuring marketing compliance is no longer just a nice-to-have—it's imperative. Fines, reputational damage, and lost consumer trust are just the tip of the iceberg for companies that fall foul of compliance. For CFOs, CMOs, and legal teams, finding a solution that effortlessly marries creativity with compliance is the new challenge. Enter the on-site agency, a game-changer in the realm of compliant marketing.
Cutting Costs without Compromising Quality: The Financial Benefits of Switching to an On-Site Agency
Traditionally, corporations have been stuck in a dilemma. External agencies, while bringing in a fresh perspective, often come with high overheads, unpredictable costs, and occasional misalignment with the company's core values and objectives. On the other hand, entirely in-house teams can sometimes lack the specialized skills or the latest market insights.
This inconsistency not only impacts the financial health of the organization but also leaves CFOs in a constant quest for a more sustainable, predictable, and quality-centric solution.
Scalability in Marketing: How In-House Agency Models Excel
The Need for Scalability in Dynamic Business Environments. In an era of rapid technological change and unpredictable market dynamics, the ability to scale business functions has become paramount. This is especially true for marketing, a domain perpetually in flux, where brands are constantly vying for consumer attention. Today, companies can't just be good—they need to be agile and scalable.