In the fast-paced world of adtech, speed to market can make or break a company’s success. As an adtech company, you may have the most innovative product, a deep understanding of market needs, and a clear vision for growth. But without a dedicated team to drive new business, your go-to-market strategy could falter before it even begins.
Why Outsource New Business?
Outsourcing new business efforts isn’t just a stopgap measure—it’s a strategic decision that allows you to focus on what you do best while leveraging the expertise of specialists who know how to penetrate the market quickly and effectively. Here’s why outsourcing new business has been a game-changer according to several firms we’ve worked with:
1. Expertise Without the Overhead
Building an in-house sales and business development team is time-consuming and expensive. From recruiting to training, the costs can quickly add up, diverting valuable resources from other critical areas of your business. By outsourcing, you gain immediate access to a team of seasoned professionals who bring a wealth of experience in navigating the complex adtech landscape.
2. Faster Time to Market
In the competitive adtech industry, timing is everything. Outsourced firms are equipped with the tools, processes, and connections to hit the ground running. They can quickly identify and engage key decision-makers, accelerate your sales cycle, and get your product in front of potential clients faster than an in-house team that’s still finding its footing.
3. Scalability and Flexibility
As your business grows, your needs will change. An outsourced new business firm offers the flexibility to scale efforts up or down based on your current objectives. Whether you’re launching a new product, entering a new market, or doubling down on an existing strategy, your outsourced partner can adjust their approach to meet your needs without the challenges of hiring or downsizing staff.
4. Focus on Core Competencies
Your team’s expertise lies in developing cutting-edge adtech solutions—not in managing the intricacies of business development. By outsourcing new business efforts, your internal team can focus on innovation and product development while your external partner takes care of generating leads, building relationships, and closing deals.
5. Data-Driven Insights
Outsourced new business firms bring a data-driven approach to sales and marketing. They leverage advanced analytics and CRM systems to track every interaction, providing you with valuable insights into what’s working and where adjustments are needed. This level of visibility allows you to make informed decisions and refine your go-to-market strategy for maximum impact.
Choosing the Right Partner
Not all outsourced firms are created equal, so it’s essential to choose a partner who understands the adtech industry and aligns with your company’s goals. Look for firms with a proven track record of success in your sector, a deep understanding of your target market, and a commitment to transparency and collaboration.
Outsourcing new business efforts isn’t just a practical solution for adtech companies lacking internal resources—it’s a strategic path to accelerated growth. By partnering with an experienced firm, you can go to market faster, scale efficiently, and stay focused on what you do best: driving innovation in adtech.
If you made it this far, Catapult offers a complimentary consultation to determine if outsourcing is right for your business. It’s not right for everyone, but Catapult can help you weigh the pros and cons.