Recently, I had the opportunity and privilege of being featured on the IMpluse podcast with industry expert Prateek Panda as part of a series discussing fractional executive roles and strategic marketing leadership within medium to large-sized startups and established companies. When you have time during your commute or while you walk the dog, give the full episode a listen. Below is a bit of a highlight reel of what I shared.
Why Fractional CMO?
I started &Marketing almost 8 years ago to serve middle market companies with an outsourced marketing department. As that has grown and evolved, a common thread I noticed was a huge need for marketing strategy and leadership. After looking around I realized that there was a gap in the market on both the offer side to the prospect/client and for the Fractional themselves. So we created a better one.
We started to focus on fractional CMOs in late 2022, and it has made all the difference in our business as well as the businesses we partner with.
What Makes a Successful Marketing Leader?
Here’s a snapshot of those key ingredients for success, the kind that’s making waves in the industry:
- Crafting the Big Picture with a Dash of Agility: It’s not just about laying down those long-term plans; it’s about being nimble enough to dance with the ever-changing tunes of the market. A top-tier marketing leader blends foresight and flexibility seamlessly.
- Being a Customer Whisperer: Getting into the customer’s headspace, understanding their beats and rhythms – that’s the heart of it all. It’s about creating strategies that resonate on a personal level with your audience.
- Making Decisions Fueled by Data: It’s like being a detective, where every clue (data point) leads you closer to solving the case (nailing your strategy). Making calls based on what the numbers are telling you – that’s the name of the game.
- Acting the Part of a Maestro: Leading a marketing team is like conducting an orchestra. It’s about getting all the different instruments (team members) to play in harmony so it resonates across the entire company.
- Having Digital Savvy with a Conscience: Today’s marketing maestro has to be fluent in the language of digital but also stay true to the ethical core. It’s about using tools not just for their flashiness but for their ability to genuinely connect and engage.
In essence, it’s about being that visionary who can look through the lens of the customer, crunch the numbers, lead with heart and purpose, and constantly innovate while staying true to ethical marketing roots.
Challenges and Rewards of Being a Fractional CMO
Being a good marketing leader is the baseline, but most fractionals don’t realize how hard it is to actually create a business for themselves from scratch. You’re now selling and delivering a service where YOU are the product. That’s hard for many marketing people in particular because it’s a different skill.
Outside of the challenges though, there are always rewards in this unique role. When a fractional CMO partnership is done right, you’ll feel like a part of a strong executive leadership team. Fractional CMOs are brought on because their expertise is desperately needed at that time, meaning they get to be the hero of the story in many ways—that’s fulfilling.
Benefits of Joining &Marketing as a fCMO
Our fCMOs enjoy a multitude of benefits by partnering with &Marketing. Some of the most impactful ones are:
- Inbound qualified (and vetted) leads
- Community of like-minded experts
- Tools & tips, coaching, advice
- Assistance in negotiating deals
- Offload all paperwork and invoicing to our staff
- Transparency and as little drama as possible
How &Marketing is Different from Similar Agencies
- We are not captive – meaning we don’t sign any agreements that prevent you from getting leads from other sources or take a cut from leads we don’t bring in.
- We qualify leads before our community sees them. You know they are looking for a fractional before you talk to them.
- We help you negotiate the deal. Having someone in your corner makes a significant difference.
One of my proudest professional accomplishments so far is seeing this Fractional trend and pivoting our resources toward making it successful. It will be interesting to see where it goes!
The team at &Marketing is at the forefront of bringing the highest quality of AI tools to our partners as well. Being able to leverage AI to take marketing to the next level is the next frontier in our field, and we are doing that every day with our partners and clients.
I encourage you to make some time to listen to the podcast episode to get a full picture of what’s going on in the field of factional executives right now. Plus, I tell a great story about my biggest professional failure and share which influencer I would choose to have lunch with. (My answer might surprise you!)
For any questions or to get more details about fractional CMOs, please reach out below!