Show Notes
When does it make sense to bring on a Fractional CMO, and what should you expect from one?
In this episode, Asia and Kim dig into the ins and outs of Fractional CMOs: what they do, when to hire one, how they’re different from heads of marketing or full-time CMOs, and the biggest risks and rewards founders should know.
Asia also reflects on her current work as a Fractional CMO and shares how she approaches structure, team-building, and strategy without getting stuck in the weeds.
Got a question you'd like Asia to unpack on the podcast? Record a voicemail here.
Chapters
- (00:02:05) - Fractional vs. full-time: what’s the difference and when does each make sense?
- (00:03:30) - A CMO’s core responsibilities: budget, strategy, and team.
- (00:05:30) - You don’t need a team in place already to hire a CMO, but you do need budget and runway.
- (00:07:00) - Heads of marketing often get hired like CMOs, but they’re not the same.
- (00:11:45) - A head of marketing thinks in channels, whereas a CMO thinks in markets, products, and investment strategy.
- (00:13:45) - Product marketing, demand gen, hiring, retention, and outsourcing are important parts of a CMO's responsibilities.
- (00:16:15) - Attribution and analytics, even if it's messy, is something that a CMO should take ownership of.
- (00:21:30) - You might need a CMO if you’re making investments that aren’t paying off and no one’s connecting the dots.
- (00:23:15) - Trial periods are worthwhile when you're hiring for a CMO role since hiring the wrong person in a c-level role is costly.
- (00:26:50) - There are different types of CMOs, some are more visionary and others are more operational.
- (00:33:15) - The biggest thing to monitor with a fractional role is if marketing falls behind because there isn't a full-time leader.
- (00:36:00) - Less time can lead to more focus. A great fractional CMO will have a high level of clarity about priorities.
