Franchise Spotlight: Media and Marketing
A social media savvy generation has seen the online Media and Marketing franchise sector boom.
The revenue of the advertising industry in America exceeded $54billion in 2021, with over $17billion being generated from digital advertising (Ibis World). This makes the media and marketing sector an exciting and lucrative one for franchisees to enter.
The marketing industry covers television, radio, newspapers, magazines, posters, billboards and of course, online advertising. In our digital era, it is more vital than ever that businesses keep their social media presence and marketing strategies fresh and current. Franchisees interested in digital marketing have a variety of forms to be aware of - from websites and ecommerce to social media and search engine optimization.
The world of media and marketing is a competitive and daunting sector for small businesses which is why so many chose to outsource this important task and turn to specialized services, such as those that franchisees can offer.
Franchisees interested in social media need no experience to start a turnkey business model provided by Social Owl. For franchisees interested in brand recognition and promotional marketing, Fully Promoted provides businesses with everything they need from marketing apparel to products.
Media and Marketing Industry Analysis
With more businesses choosing to allocate higher budgets for their marketing strategies, the media and marketing industry is a highly competitive and fast-changing market. Franchisees will need to be prepared to keep themselves up to date with changes in the industry so they can support businesses to stay current and on trend.
A franchise can be a great option for those who are keen to break into the media and marketing industry, but feel daunted by the challenging and competitive market. Often experience is not needed as franchises will offer site set up and ongoing support, industry training and mentoring and will guide and advise franchisees through industry trends. The media and marketing sector is an exciting and lucrative industry to be part of and one which only looks set to grow.