Build or Buy? The Ultimate Question
Please note it is your responsibility to evaluate the accuracy, completeness and usefulness of any information, opinion or advice contained in the content below.The old phrase comes to mind, “If you want something done right, do it yourself.” There are a million other phrases that come to mind but I won’t bother you with them.
In a nutshell many companies feel that they can build something internally versus going outside the company. There could be many reasons for this, “we control the code” or “we’ll save money”, etc… But the real question that should be asked is TCO or “Total Cost of Ownership.” What’s it going to cost you to build versus buy?
The reality of this situation shows itself only too late for most companies who make the unwise choice. There are a miriad of consulting firms out on the web who are chomping at the bit for an opportunity to get your business. Why should you try to take on a large project in an attempt to save a few bucks, or feel that you control the code when at the end of the day, outsourcing will yield all of these things and more for most.
It really boils down to the scale and scope of a project. If you have a project that you really feel your company can handle internally and keep TCO down then by all means go for it.
However, if you have any second thoughts at all about the project you should really think about outsourcing. Unless you are a development firm you really should be spending your energies on whatever you do best, which probably isn’t programming.
There are hundreds if not thousands of quality companies out there who can do it better and much cheaper than you can; not to mention get your product to market faster.
So, the next time you think about build vs buy, why not submit your project for proposal to a few companies and see what they come back with. You will be surprised.
About the Author
by C_Bradshaw. http://www.dazoop.com/
Article Source: http://www.articlebank.org/Outsourcing(37,4212).aspx
Related Articles on MyPersonalCMO.com
- Support Ticket System – How It Helps Your Company
- How To Grab Your Readers Attention With Your Subject
- Be Ready to Sell Online What Customers Want *
- How I Got 70,000 Useless Visitors To My Site In One Day! ( Analysis of Social Bookmark Traffic)
- How To – Make A Living As An Affiliate
Latest Marketing Research Insights from eMarketer
- Article: Live TV Losing Younger Adults 8 Sep 2010 at 9:01pm
- Article: B2C Outpacing B2B in Social Measurement 8 Sep 2010 at 9:01pm
- Blog: Holiday Sales Prep: How DealYard Leverages Affiliate Programs and Organ... 7 Sep 2010 at 9:01pm
[CaRP] Unknown option (corder). Please check the spelling of the option name and that the version of CaRP you are using supports this option.
eMarketer Articles and Blog Posts
Internet, Business & Ecommerce Statistics: Email Marketing & Online Market Research
Recent Articles on MyPersonalCMO.com
- Can You Really Use Articles To Build Your List?
- How To Grab Your Readers Attention With Your Subject
- How To Get Your Subscribers Begging For More
- How To Build A List Of Eager Subscribers
- 7 Ways To Make Money Using Nothing More Than Your List
- 5 Things To Consider When Publishing A Newsletter
- 4 Ways To Get Your Opt In Subscribers To Trust You Quickly
- 4 Crucial Things You Need To Do To Build your List
- The 3 Things To Avoid When Emailing Your List
- 3 Quick And Easy Ways To Build A Profitable Opt In List
Free Newsletter
Sign up for My Personal CMO's free daily newsletter. It is filled with tips and ideas on Business & Marketing Strategy, Brand Positioning, Market Segmentation, Niche & Target Marketing, Product & Category Marketing Management, as well as online and traditional marketing Best Practice, including Affiliate Marketing, Email Campaigns, Online Advertising, PR, SEO, CRM and other latest technologies and trends.
Your email address will be kept confidential and won't be shared. It is also easy to unsubscribe at any time.
If you enjoy this site, you are sure to enjoy My Personal CMO newsletter too !
Site Search Tags:
Business Strategy, HR Management, Marketing Strategy, Brand Positioning, Market Segmentation, Market Share, Niche Marketing, Product & Category Marketing, Sales & Marketing Channels, Strategic Alliances, Target Marketing, Marketing Tactics, Advertising & Promotion, Marketing Tools, Online Marketing, Affiliate Marketing, Digital Information Products, Email Marketing, Online Advertising, Google Adsense, Google Adwords, Public Relations, Search Engine Optimization, Sales, Electronic Commerce, Lead Conversion.
Share and Enjoy:
November 22 2007 09:53 pm | IT Management
