An in-house PR team can be referred as the practice of establishing and
managing PR activities internally within an organization, usually through a
dedicated PR department or team. This approach entails direct supervising and
control over all aspects of PR strategy, execution, and company communication.
The scope of work only focuses on that specific organization, which gives less
variety and requires strategy, loyalty and being proactive. It means your
company will get the undivided attention it needs. According to a survey by the
Association of National Advertisers, 60% of companies handle their PR efforts in-
house.
An agency PR is the hiring of a third-party public relations agency or consultancy
to handle various aspects of a company’s PR activities. Instead of managing PR
efforts internally, organizations delegate these responsibilities to external
experts who specialize in strategic communication, media relations, and
reputation management. The scope of work involves working with multiple
clients simultaneously which provides an adrenaline rush for the team at hand,
making them adaptable, creative, and efficient, as well as able to juggle multiple
deadlines and expectations. According to a report by Grand View Research, the
PR agency market is projected to grow at a CAGR of 5.4% from 2020 to 2027.