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Entrepreneurs, business owners, and members of the C-suite are consistently overburdened with everything from big-picture complexities to a massive list of daily operational executions and everything in between. Many executives are simply putting out fires all day and struggling to get any traction, which all too often leads to burnout.
This is where Gino Wickman’s Entrepreneurial Operating System (EOS) framework comes into play, providing a structured approach to organizational management. Wickman describes this strategic structure as a system for managing human energy or a way to get all of your people rowing in the same direction toward a common goal.
The Entrepreneurial Operating System (EOS) is a set of concepts and tools designed to help businesses improve and grow. EOS is designed to be simple and practical, aiming to provide a complete toolkit for business leaders to align and synchronize all the pieces of their business, to produce the results they want. This approach is popular among small to medium-sized businesses and focuses on six key components.
In addition to identifying the above elements, the EOS model outlines four key focus areas for marketing optimization. When you get clear on these, they become the foundation on which your entire marketing strategy should stand.
Incorporating the EOS model’s approach to defining your target market can revolutionize your digital marketing strategies. It involves a deep dive into market research, identifying the demographics, psychographics, and behavioral traits of your ideal customers. This level of understanding is crucial in marketing for crafting messages that resonate deeply with your audience. By pinpointing the exact needs, preferences, and pain points of your audience, your digital marketing campaigns become more than just promotions; they become solutions to your customers’ specific problems, increasing engagement and conversion rates.
The EOS concept of ‘Three Uniques’ is pivotal in setting your digital marketing apart. It’s about finding and articulating what makes your brand uniquely suited to serve your customers – be it your cutting-edge technology, personalized customer service, or innovative product features. In the digital space, where competition is fierce, these Three Uniques can form the cornerstone of your brand’s online identity, helping you stand out in a crowded marketplace. Highlighting these in your digital content, social media, and online advertising ensures that your message is not just seen but remembered and valued.
The ‘Proven Process’ component of EOS marketing is particularly relevant in the context of digital marketing. Today’s consumers seek brands they can trust. By showcasing a clear, structured process for service delivery on your digital platforms, you build credibility and reliability. Whether it’s through detailed product descriptions, customer testimonials, or behind-the-scenes glimpses into your operations, highlighting your Proven Process in your digital marketing builds a narrative of trust and consistency, crucial for customer retention and acquisition in the digital age.
In digital marketing, the ‘Guarantee’ aspect of EOS is a powerful tool for overcoming the inherent skepticism of online consumers. By offering robust guarantees – be it money-back, satisfaction, or performance – you address one of the biggest hurdles in online purchasing: perceived risk. Showcasing your guarantees prominently in your digital marketing materials, whether on your website, in email campaigns, or in social media ads, can significantly boost consumer confidence, leading to higher conversion rates and enhanced customer loyalty.
EOS lays a robust foundation, but it’s in the nuances of marketing strategy and execution where additional expertise often becomes essential. Wickman emphasizes the critical balance between two roles in any thriving organization: the visionary and the integrator. Visionaries are the big-picture thinkers, the dreamers who envision what’s possible. If a business only has visionaries in charge, there is at best a lack of solid processes, and at worst – chaos.
This is precisely where the role of a marketing agency, especially a fractional Chief Marketing Officer (fCMO), becomes a game-changer. An fCMO steps in as the integrator (or the support for an integrator), translating grand visions into actionable, effective marketing strategies. They bring a depth of expertise in executing marketing initiatives across diverse channels, from digital landscapes to content creation and traditional advertising avenues. This partnership enables businesses to concentrate on their primary strengths while the fCMO ensures that the marketing machinery operates seamlessly and productively.
Outsourcing marketing strategy and execution to a fractional CMO isn’t just about filling a role; it’s about empowering your business. It allows you to maintain focus on core operations, knowing your marketing efforts are not just being managed, but optimized and executed with precision. A fractional CMO acts as the bridge between visionary ideas and their successful implementation, ensuring that your business’s marketing strategy aligns with and supports your overall vision.
For businesses thriving under the EOS framework yet finding gaps in their marketing strategy and execution, a fractional CMO can be the missing piece. They bring not only the integration of visionary ideas into tangible strategies but also ensure these strategies are executed efficiently and effectively. Embracing this partnership can usher in unprecedented growth and success, turning visionary ideas into market realities.
Download our brief guide to learn about how an fCMO can be a growth catalyst for your business without the high cost of a full-time executive.
Are you facing challenges of your own in generating leads and meeting your business’s growth goals?
We’d love to learn more about your challenges and how a coordinated marketing approach might help take your organization to the next level.
&Marketing provides the robust outsourced marketing department growing companies need without the high overhead costs of big agencies or full-time employees. Our variable model empowers businesses to reach their growth goals through access to the guidance and expertise of senior level strategists and a flexible execution team.
In the fast-paced world of business, executive leaders often find themselves caught in a whirlwind of responsibilities, decisions, and expectations. The relentless demands of modern leadership can take a toll, leading to burnout that not only affects individual well-being but also damages organizational performance. However, amidst the chaos, there is a practical solution: the fractional Chief Marketing Officer (fCMO).
Executive burnout is a pervasive issue across industries, stemming from the pressure to drive growth, innovate, and navigate constantly changing market conditions often pushing leaders to the brink of exhaustion. In fact, a recent survey shows an alarming 70% of executives are considering leaving their workplace. As stress mounts and work-life balance disintegrates, the consequences can be dire, ranging from decreased productivity and creativity to compromised decision-making and mental health concerns.
Yes, CEOs can experience burnout. Despite their high level of responsibility and authority, CEOs are not immune to the stress and pressures that can lead to burnout. Factors contributing to CEO burnout may include long working hours, high levels of responsibility, constant decision-making, managing complex organizational challenges, and maintaining the balance between professional and personal life. Burnout in CEOs can manifest as physical and emotional exhaustion, reduced performance, detachment, and a feeling of ineffectiveness. It’s important for CEOs, like any other professionals, to manage stress, delegate tasks when possible, and ensure they have a supportive network and balance in their lives to prevent burnout.
Executive burnout can have profound effects on businesses, impacting organizational performance, culture, and sustainability. Here are some key ways in which executive burnout can affect business:
Executive burnout poses a significant threat to business performance, culture, and sustainability. Addressing burnout requires a proactive approach that prioritizes the well-being of leaders, fosters a culture of support and resilience, and implements strategies to mitigate the risk of burnout across the organization.
A unique and creative solution to executive burnout is the fractional CMO. Unlike traditional full-time executives, fCMOs provide on-demand expertise and strategic guidance to organizations on a part-time basis. This innovative model not only alleviates the burden on existing leadership but also brings a wealth of specialized knowledge and fresh perspectives to the table with your budget in mind.
One of the primary advantages of fCMOs is their ability to offer targeted support precisely where it’s needed most. Whether it’s devising a comprehensive marketing strategy, optimizing digital channels, or spearheading transformative initiatives, these seasoned professionals bring years of experience and industry-specific expertise to your organization. By tapping into their skills on a fractional basis, organizations can access top-tier talent without the overhead costs and long-term commitments associated with full-time hires.
The team of fractional CMOs that we partner with offers a flexible and scalable solution that adapts to evolving business needs. Whether it’s launching a new product, entering a new market, or navigating a crisis, organizations can leverage fCMOs to augment their leadership team on-demand, without the constraints of traditional hiring cycles.
Executive leadership burnout is a pressing issue that demands an innovative solution. Fractional CMOs offer a compelling remedy, providing organizations with access to top-tier talent, targeted expertise, and flexible support when they need it most. Learn more about fractional CMO services with &Marketing and contact us today to discuss what adding a fCMO could do to help your business grow without burning your C-suite out.
Are you facing challenges of your own in generating leads and meeting your business’s growth goals?
We’d love to learn more about your challenges and how a coordinated marketing approach might help take your organization to the next level.
&Marketing provides the robust outsourced marketing department growing companies need without the high overhead costs of big agencies or full-time employees. Our variable model empowers businesses to reach their growth goals through access to the guidance and expertise of senior level strategists and a flexible execution team.
Countless small and mid-sized companies are using outdated or uncoordinated digital marketing strategies that result in wasted time and money. If you’re still not on social media, have not segmented the audiences on your email list, or are throwing proverbial spaghetti in the general direction of digital platforms—you might be due for a digital transformation. From getting a sense of what a digitally transformed business can look like to understanding exactly which transformative elements will work for you, the bottom line is this: digital transformation will help you make every effort (and dollar) count. Understanding how to embark on a digital transformation for your business has the power to massively uplevel the kind of goals you’re able to reach.
Digital transformation is when an established business makes the switch from either traditional marketing or uncoordinated digital marketing to strategic implementation of online or digital methods to meet the needs of an evolving market.
The key word here is “strategic”. The transition to digital requires more than just moving existing methods online. It’s about a thoughtful approach, one that a seasoned marketing leader, like a fractional CMO, often subtly navigates. Digital transformation is increasingly necessary in our technological marketplace because if you aren’t evolving, you’re falling behind (hello AI!). Implementing a digital transformation of some kind in your business has the power to increase productivity while reducing labor costs, improve customer experience, drive innovation, and keep you ahead of your competition.
Digital transformation encompasses a wide range of initiatives, but most can be categorized into several common types. These transformations are typically aimed at improving efficiency, customer experience, and competitiveness in a rapidly evolving digital landscape. Here are some of the most common types:
Each type of digital transformation has its unique challenges and opportunities, and many companies will engage in multiple types of transformation simultaneously or sequentially as part of their digital strategy.
Digital transformation is a strategic imperative that extends beyond marketing, encompassing every aspect of business operations. It requires thoughtful leadership that understands the importance of integrating modern technologies, fostering a culture of innovation, and focusing on customer-centric processes. As businesses navigate this journey, the role of strategic leadership, including guidance from experienced marketing professionals, becomes indispensable in steering these initiatives towards success.
Which area of digital transformation to start with depends on an array of factors like company size, marketing goals, current campaign development, and staff capacity. The only one-size-fits-all suggestion we have is to work with a feasible end goal in mind, set a date, and start small. Our fractional CMOs are literal pros at digital transformation for companies and strategies of all sizes. Reach out today and get matched with the perfect fractional CMO to guide your business to game-changing digital transformation.
Are you facing challenges of your own in generating leads and meeting your business’s growth goals?
We’d love to learn more about your challenges and how a coordinated marketing approach might help take your organization to the next level.
&Marketing provides the robust outsourced marketing department growing companies need without the high overhead costs of big agencies or full-time employees. Our variable model empowers businesses to reach their growth goals through access to the guidance and expertise of senior level strategists and a flexible execution team.
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.
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.
Here’s a snapshot of those key ingredients for success, the kind that’s making waves in the industry:
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.
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.
Our fCMOs enjoy a multitude of benefits by partnering with &Marketing. Some of the most impactful ones are:
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!
Are you facing challenges of your own in generating leads and meeting your business’s growth goals?
We’d love to learn more about your challenges and how a coordinated marketing approach might help take your organization to the next level.
&Marketing provides the robust outsourced marketing department growing companies need without the high overhead costs of big agencies or full-time employees. Our variable model empowers businesses to reach their growth goals through access to the guidance and expertise of senior level strategists and a flexible execution team.
Private equity acquisition is a complex undertaking with countless moving parts. Your company’s funds, time, and reputation are all on the line, and as new products emerge and marketing capabilities expand thanks to advancing digital intelligence, it’s more important than ever that you know the commitment you’re making.
Commercial due diligence offers invaluable clarity into your acquisition, from helping you determine whether or not it’s worth the investment to understanding how to maximize its opportunities for long-term growth. Today, more and more private equity firms are choosing to outsource these services — and they’re quickly seeing all the benefits that it provides.
What is Commercial Due Diligence?
A commercial due diligence is a critical deep dive into a businesses’ current position and future potential. Typically led by an executive marketing consultant (or a Fractional Chief Marketing Officer), this internal review involves assessing everything from a company’s ability to attract and retain customers, its market positioning and digital presence versus its competitors, how it defines its brand positioning and value proposition, and a number of other key elements that allow a business to identify opportunities to accelerate growth and value creation.
Here’s what you can expect from an effective commercial due diligence:
Outsourced commercial due diligence services typically involve a fractional CMO supported by digital specialists brought in through an agreement customized to the needs of the company. Their scope is specifically process-driven to help frame your portfolio company’s scale up, while ensuring you have the proper guardrails and strategic oversight to meet your long-term growth needs.
In the case of private equity firms, a commercial due diligence can offer invaluable clarity into the long-term potential of their investment through the support of highly experienced subject matter experts with practical advice and support to execute, ensuring the most meaningful results and greatest ROI.
This process will focus on fully understanding the target acquisition’s opportunities to determine whether there is potential for significant growth to create shareholder value. In many cases, commercial due diligence consultancy is usually employed after the private equity firm has conducted enough initial due diligence that it is willing to invest the time and resources to gain more transparency and confidence into whether it is a good investment opportunity in the long-run. And it can either be done pre or post-acquisition.
In order to best understand the costs associated with a commercial due diligence, it’s important to know your options — and what you’re getting. For example, &Marketing offers a flexible engagement through a retainer or “on-demand” model with various activities scoped on an ad-hoc basis. These retainers are typically for an initial project that is defined based on the specific target company’s needs (strategy, research, digital ads, SEO, email marketing, social media, etc). They can also be done as a “percentage of full time” on a weekly basis and paid monthly with a typical 3-6-month minimum engagement.
Here is a breakdown of a commercial due diligence framework/checklist and the associated costs
Market Position Analysis
Customer Insights Collection
a. Why they purchased
b. The products/services’ strengths & weaknesses
c. Level of customer satisfaction & the likelihood they’ll continue to purchase or use products/services
d. The reason past customers chose to leave
Determine retention rates among customers over the last 12 to 18 months. (Note: many start-ups may have lower retention rates as they home in on higher potential target groups. For quick turnover consumer products, the metric here is repeat rate, which should be at least 50%)
Digital Marketing Strategy Positioning
Marketing Capabilities Review
Performing a commercial due diligence can be time consuming and resource intensive if you try to tackle it internally without the right resources, bandwidth, or expertise to do it properly. This is why more and more private equity firms are relying on outsourced fractional CMOs and marketing teams to handle the commercial due diligence of their portfolio companies on their behalf.
While some commercial due diligence experts will leave the execution of your marketing strategy to your portfolio company or a third party, there are full service digital agencies that provide the executive leadership and marketing team to see the entire process through from pre-acquisition advisory to practical execution. This approach not only leaves you with a single point of responsibility throughout the process, but also decreases the risks of issues and unapproved changes to ensure the overall effectiveness of the investment.
To learn more about the benefits of outsourcing your portfolio company’s commercial due diligence consulting to ensure you’re harnessing the best solutions for long-term success, contact the digital marketing experts at &Marketing today.
As the Founder & CEO of &Marketing (www.and-marketing.com), Raj and his team strive to provide growing businesses unparalleled marketing strategy and execution services. Raj has more than two decades of experience in B2B and B2C marketing, sales, & strategy. He has led nearly 100 high-profile marketing strategy projects for Global 100, mid-sized clients, and SMBs, plus over a decade with General Electric and General Mills. He is a sought-after advisor and facilitator, with experience across five continents. He is known for bringing the best of ‘big company’ marketing and strategy to smaller companies without the baggage, his bias for practical implementation, and his unrelenting customer focus.
Are you facing challenges of your own in generating leads and meeting your business’ growth goals?
We’d love to learn more about your challenges and how a coordinated marketing approach might help take your organization to the next level.
Sometimes marketers obsess over maintaining a glass-half-full viewpoint in their content, believing it’s always better to show the customer positive benefits rather than “focusing on the negative.” While it’s true that you don’t want to stress out your audience, both B2C and B2B shoppers are savvier than ever. When your brand avoids acknowledging the real-world problems your audiences face, you risk being seen as out of touch and artificial.
When you face reality head-on (without dwelling or sounding defeatist), your brand earns more authenticity among those looking for a solution. They’re more likely to give you their time when they can see that you understand their challenges.
If brands want to cut through the noise to capture their audience’s attention, empathize with their struggles, and differentiate themselves, it’s time to get more comfortable with a little negativity.
It may feel counterintuitive to risk stirring up negative feelings in your audience by drawing on negative experiences. But when done correctly, it can help with reader retention and engagement by creating a shared experience and tapping into emotion to make the reader feel seen and understood. For example, an electronic lock brand may reference the frustration of losing your keys or getting locked out, a common negative experience that most people understand and can bond with the brand over.
When incorporating the StoryBrand framework into their strategy, marketers must understand that “every story is about somebody who is trying to solve a problem, so when we identify our customers’ problems, they recognize us as a brand that understands them.” (Donald Miller, Building a StoryBrand)
If we want our audience to pay attention, we have to position ourselves as offering a product or service they can easily use to solve that problem. To do that, we have to clearly identify and articulate that problem so they can see that we understand what they’re dealing with. StoryBrand marketers turn that problem into a personified villain so we can tell the audience a story about themselves as a hero, overcoming the villain using our products and services. Stories are only compelling because they include a struggle, a challenge to overcome. If we limit ourselves to only discussing the positive, we can’t create as effective a story.
A great example is a Rug Doctor campaign that showed people “steaming mad at dirt,” angry at their soiled rug. While most people aren’t enraged by a dirty rug, they certainly don’t like it, and this makes for a more interesting story than simply offering the benefit of a clean rug — the audience’s aversion to dirt is more powerful than their appreciation of cleanliness. Starting with a clean rug doesn’t make for an interesting story, because there’s no problem for the hero to solve. A clean rug is a nice benefit but a poor attention-grabber.
Personifying the audience’s central problem as a villain is vital in marketing storytelling. For example, the medication brand Mucinex has done a great job of personifying mucus as nasty little monsters living in your sinuses — and positioning their product as your best defense against the invader.
Refer to the title of this blog as an example of a negative headline: Is Fear of Negativity Holding Your Marketing Team Back? This headline introduces doubt and the potential that the reader may be doing something wrong — but there is also the implied promise of a solution. The important thing to remember when using this tactic is to provide solid content that offers a solution or a way to improve.
Take a stand for something your brand believes in. This might involve something controversial, possibly a social or political issue, but it doesn’t have to be that serious. You could have what constitutes a ‘hot take’ in your industry but is low-stakes for those outside your audience — like an audio/video company stating that the industry should have chosen the Beta video format over VHS. Some may disagree with you, but it could be worth it if it gets people talking and associating your brand with a specific position on the topic, especially if you have the data and experience to back it up.
A little self-deprecation and self-awareness can go a long way. For example, Domino’s Pizza acknowledged that many customers thought their crust tasted like cardboard and pledged to improve the recipe. This helped to humanize the brand while proving to customers that they not only listen to their feedback but also take it seriously enough to take action.
Referencing negative experiences or audience problems is essential, but requires practice and diligence to ensure it’s done effectively. Here are a few tips to help you maintain balance and avoid alienating the audience:
From learning how to effectively use negativity in advertising and marketing to building a content marketing calendar and measuring its ROI — and more — we can help! Contact &Marketing today. If you want to DIY your brand’s messaging, download our narrative marketing outline as a guide.
Are you facing challenges of your own in generating leads and meeting your business’ growth goals?
We’d love to learn more about your challenges and how a coordinated marketing approach might help take your organization to the next level.
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