Choosing A Speciality
Marketing is a rapidly changing environment in which businesses, organisations, and entrepreneurs engage with their customers. Marketing Managers may choose to remain in general marketing roles or focus on event management, direct marketing, online marketing, or marketing communications. Digital and social media marketers are occupied with market analysis, social media outreach, search engine optimisation, email newsletters, brand management, and conversion, all facets of a company's online marketing campaign. The art of disseminating information about an agency or person to the general public is known as public relations. Public relations vary from advertising and marketing in that it cultivates public attention and disseminates information through non-paying channels to obtain or generate publicity for their target audience. Marketing researchers examine data to identify the most effective marketing methods for directing customers to a company's product. The process usually entails collecting data on target markets or clients, finding marketing opportunities, and tracking marketing results.
Working with Marketing Agencies
Full-service marketing agencies offer multidisciplinary services to their clients and help them formulate and execute marketing strategies and campaigns. Typically, their clients seek out a complete package for communications, either because they do not have the required marketing expertise or because their in-house marketing department needs support.
Potential Pros & Cons of Freelancing vs Full-Time Employment
Freelancing offers Marketing Managers freedom regarding flexible schedules, working hours, and location. They have full ownership of the business and can afford selectivity in terms of the variety of projects and clients presented. While it has unlimited earning potential, freelancing comes with less stability and security, with inconsistent work and cash flow. There is more responsibility, effort, and risk involved. There are no paid holidays, and sick/maternity/paternity leaves are almost unaffordable. There is the added pressure of a self-employment tax and no eligibility for unemployment benefits.
A full-time Marketing Manager, on the other hand, has access to company-sponsored health benefits, insurance, and retirement plans. They have job security with a fixed, reliable source of income and guidance from their bosses. Despite that, they are susceptible to potential boredom and inability to pursue passion projects due to their lack of time or effort. With a lack of flexibility, ownership, and variety, there is also a need to budget extra money for commuting and attire costs.
When deciding between freelancing or being a full-time employee, consider the pros and cons to see what works best for you.