Seriously considering buying an agency as opposed to building a Marketing department from the ground up.
Hey Redditors — looking for perspective on a business dilemma.
I’m a founding partner in a 25-year-old wholesale business specializing in customization and embellishment of apparel. We’ve built a solid company, but one glaring weakness remains: we essentially operate without a functional marketing department.
After several unsuccessful attempts to hire someone capable of building the function from scratch — strategy, KPIs, lead gen, digital, SM content, analytics, etc. — I’m wondering if I’m approaching the problem wrong.
I’m now considering acquiring a small, established marketing agency as a bolt-on to our business, potentially keeping the team remote and allowing the agency to maintain its existing clients.
The idea: instead of continuing to hire individuals and slowly assemble a department, acquire the people, leadership, systems, processes, and capabilities all at once — with outside agency revenue helping support the overhead.
Of course, I could also be solving one problem by buying myself five new ones.
Curious to hear from anyone who has bought, sold, or operated an agency with a single client:
- Is acquiring an agency to solve an internal marketing deficiency fundamentally flawed?
- How concerned should I be about owner dependence and client attrition?
- Would you keep the agency independent or integrate it into the parent company?
- What size/type of agency would make the most sense?
- Would a strong fractional CMO with the budget to build the department be the smarter route?
Ultimately, I’m trying to decide whether acquiring the capability might be smarter than continuing to build it one hire at a time given the sheer amount of work we need to do!
What am I not thinking about?
Sincerely,
Dazed and Confused in Georgia!