Top 5 Reasons for a Startup to Hire a Fractional CMO

Many startups are started and led by the chief technologist. Perhaps their title is CEO, but their skill set is generally technical development and vision, rather than marketing. With customer acquisition being your top priority to validate traction, the first non-technical hires should focus on marketing and sales.

In the early days, the technical CEO often delays hiring a marketing professional due to cost and equity considerations and attempts to cover marketing functions alone. In doing so, they usually struggle with the following marketing issues that, in turn, stunt their brand's ability to grow:

• Inability to identify the target market and articulate the value proposition

• Inability to determine the right marketing mix and execute programs to deliver qualified leads at an optimal cost-per-acquisition

• Inability to enable the sales team with a compelling business proposition

The longer the startup struggles with these core go-to-market issues, the more likely it is that sales goals will not be met, competitors will gain momentum, investors will lose interest, and the risk of the company's failure will increase. Is there a way to get a marketing executive on board earlier? Absolutely.

Hire a Fractional CMO

A Fractional CMO is a cost-effective way to have expert marketing leadership on your team without the full-time overhead costs associated with hiring a top-level executive. They combine in-depth customer knowledge with practical expertise in marketing and communications, bringing real-world experience and perspective to crystallize strategy and manage implementation. They serve as an external member of your company's executive management team, providing strategic guidance and coaching services. Most importantly, a Fractional CMO supports the startup's growth plans.

Why is a Fractional CMO a good option?

1. Can be hired quickly and provide instant value

2. Brings decades of marketing expertise and lessons learned

3. Eager to work part-time, willing to put in full-time energy as needed

4. Offers broad industry knowledge: technology, products, and markets

5. Brings industry respect and connections

A Fractional CMO is a great option for a startup because the executive is given flexibility in compensation options, including cash and equity, aligned with the company's current status and potential.

A Win-Win scenario

With over 18 years of experience in marketing, I have worked as a Fractional CMO for industry leaders and emerging companies focused on business growth since 2015. I serve each company with the same level of dedication and commitment to their business strategy as a full-time Chief Marketing Officer. My engagements have been long-standing, as I have partnered with the company to deliver on its growth plans.

As a Fractional CMO, you must contribute to the company's strategy and participate in executive meetings. You are always "on-call" to solve a problem or provide advice. You want the CEO to treat you as a team member and a peer on the executive team. It sounds like a full-time job, right? From experience, I can tell you that all of that and more can be achieved in a part-time capacity. The Fractional CMO model works very well for early-stage firms or startups that can't afford an experienced executive and don't require a full-time employee. ​

A Fractional CMO can help you increase lead flows, build integrated sales and marketing processes, and gain more business faster by optimizing current customer acquisition efforts. Sound appealing? Get in touch with us, and we will be happy to discuss how outsourcing marketing can benefit your company.

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DuartePino is a management advisory firm that combines in-depth customer knowledge with practical expertise in marketing to help clients create sustainable business growth. We can provide your organization with a fresh perspective, a proven process that invests in the outcome, and the tools for successful execution. From Fractional CMOs to business advisors, contact us to learn how our team can help with growth strategies for your organization.