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Digital Marketing 8 min read

Why Your FinTech Business Should Outsource to a Digital Marketing Agency

Sarah Edwards photo

Written by Sarah Edwards

Content Writer @ Galactic Fed

Dallin Porter photo

Expert reviewed by Dallin Porter

Marketing Director @ Galactic Fed

Published 30 Nov 2022

The financial services sector is under immense pressure to keep up with the ever-changing digital landscape. Financial institutions are seeing a decline in traditional marketing methods, such as print and television advertising, and many are turning to a digital marketing agency for financial service firms to reach their target audiences.

However, many financial institutions do not have the internal resources or expertise to execute a fintech digital marketing strategy effectively, which is where outsourcing to a specialized agency can be highly beneficial.

There are many reasons why you should outsource your digital marketing efforts, including:

Increased Efficiency

Galactic Fed already has a team of experts well-versed in the latest digital marketing trends and technologies, which means we can hit the ground running. We can start driving results quickly, delivering advantages that would take your in-house team much longer to achieve.

Access to Specialized Skills and Knowledge

We have a wealth of experience and expertise that you can tap into, which is extremely valuable when trying to stay ahead of the competition. Specialized knowledge is especially important in the ever-changing world of search engine optimization.

Increased Flexibility

We can be much more flexible than an in-house team when it comes to scaling up or down your financial digital marketing efforts. This flexibility is highly beneficial if you need to ramp up your activity in response to a change in the market or during a new product launch.

Improved Return on Investment

When done correctly, outsourcing your digital marketing for finance will result in a much higher return on investment than if you were to keep it in-house. We have the experience and expertise to drive actual results rather than just generating vanity metrics. 

You can measure your return on investment by looking at increased website traffic, higher conversion rates, and increased brand awareness.

You Are Not a Marketer

Let’s face it; you are not a digital marketing expert and trying to do it all in-house is likely to end in disaster. Outsourcing to us will ensure that digital marketing professionals who understand the industry handle your financial digital marketing.

You Need High-Quality Content

To succeed in digital marketing, you must produce high-quality content that engages and informs your audience. Maintaining quality is something that many financial institutions struggle with, as they don’t have the resources or expertise to produce quality content regularly.

Galactic Fed can help you to develop a content strategy that meets your business goals and then produce the required content for you.

Digital Marketing Is Constantly Evolving

The digital landscape is always shifting, making it challenging to keep up with the latest trends and technologies — especially in financial services, where regulations continuously change. 

We will stay up-to-date with the latest digital marketing finance trends and ensure that your campaigns use the latest techniques to increase your chances of success.

You Need an Objective Perspective

When you’re too close to your business, it can be challenging to see it from an outsider’s perspective. This myopia can make it hard to identify your strengths, weaknesses, and opportunities for improvement.

We can provide you with an objective perspective on your business, helping you see things you could not see yourself. This clarity is invaluable when developing a successful strategy.

You Need to Focus on Your Core Business

When trying to do everything in-house, it can be easy to lose sight of your core business processes. This distraction can lead to spreading yourself too thin and not being able to focus on what you do best. Outsourcing your digital marketing will let you focus on your core business, ensuring that you provide excellent service to your clients.

You Need to Be Faster

In the fast-paced realm of digital marketing, you need to move quickly to stay ahead of your competition, which can be difficult if you’re trying to do everything in-house. You must coordinate different teams and get everyone on board with your plans.

We can help you move quickly, as we have a team in place that is ready to hit the ground running. Our team will allow you to take advantage of opportunities as they arise rather than missing out due to a slow decision-making process.

You Want to Save Money

One of the benefits of outsourcing to a digital marketing agency for financial service firms is that we can save you money. You don’t need to increase hiring or pay for training. We already have the resources and expertise in place and can provide cost savings over what you would spend if you were to do everything in-house.

You Need Distribution

Creating high-quality content is only part of the solution — you also need to ensure it reaches your target audience. We can help you to distribute your content effectively using our network of contacts and relationships. This process will ensure that your content reaches the right people and has the maximum impact.

You Want to Track Results

It’s necessary to track the results of your digital marketing finance campaigns to see what is working and what isn’t. 

A digital marketing agency for financial service firms can track your results and provide regular reports, allowing you to see the return on investment for your campaigns. This information is vital when you’re planning future campaigns.

Agencies Have the Required Tools and Platforms

You must use the right tools and platforms to succeed in digital marketing. This software can be costly if you’re trying to do everything in-house, as you’ll need to invest in the necessary programs and licenses. Galactic Fed has access to the tools and platforms you need, so you won’t need to make this investment yourself.

You Want to Scale Up Your Digital Marketing

As your business grows, you might find that your in-house digital marketing team can no longer keep up with demand. Being too busy can lead to your campaigns becoming less effective and losing impact. We can help you to scale up your digital marketing for finance so that it remains effective as your business grows.

You Need to Be Agile

The fintech digital marketing landscape is continuously shifting, and you need to be able to change with it. We can help you to be more agile by keeping up with the latest trends and adapting your campaigns accordingly. This flexibility will help you to stay ahead of the competition and ensure that your campaigns are always effective.

You Want to Reduce Stress

Trying to do everything yourself can be a stressful experience, as you’ll need to wear many hats and juggle various tasks. We can help reduce stress as we will be responsible for managing your digital marketing campaigns. 

Outsourcing to a Digital Marketing Agency Makes Sense

Outsourcing your marketing needs to Galactic Fed can provide you with several benefits. It can help you reduce expenditures, minimize stress, focus on your core business, be more agile, and access specialist skills. 

A digital marketing agency for financial service firms can provide you with the skills, knowledge, and tools you need to succeed. If you’re having trouble keeping up with demand or want to avoid common mistakes, then we can help you to achieve your goals.

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Sarah Edwards photo

Sarah Edwards

Content Writer @ Galactic Fed