What’s a Fractional Marketing Director and do you need one?
In the constantly changing marketing landscape, businesses often find themselves in need of not just strategic expertise, but also effective leadership to drive their marketing initiatives forward.
According to industry reports, the fractional executive market is expected to grow by 15% annually over the next five years. This growth is indicative of companies recognising the value that fractional leaders bring in terms of cost-effectiveness, specialised skills, and adaptability.
Enter the Fractional Marketing Director, a versatile professional who goes beyond crafting compelling strategies. Fractional Marketing Directors are part-time contractors hired to help clients plan, develop, and launch marketing campaigns. They offer flexibility to businesses, allowing them to access experienced marketing leadership without the commitment and investment of a full-time executive.
For mid-sized to large businesses, housing their own marketing team makes a lot of sense. At that level, it’s often cheaper than outsourcing, and the team has an internal view of the company’s brand, messaging, and mission.
By contrast, startups, small businesses, or solo entrepreneurs usually can’t afford—and don’t really need—that level of marketing resource. These businesses typically operate on a limited hiring budget and want to avoid expensive marketing campaigns that might either prove ineffective or attract more customers than they can manage. However, the lack of a hefty marketing budget doesn't negate the need for expert marketing guidance. This is precisely where Fractional Marketing Directors step in to bridge the gap.
Fractional Marketing Director versus Fractional Chief Marketing Officer (CMO)
The Fractional Marketing Director can be responsible for setting a mid-term strategy across the whole marketing organisation. Alternatively, they may take charge of both the strategy and execution for a particular marketing function, such as content, events, or demand generation.
Their expertise in these areas enables them to seamlessly step in, roll up their sleeves, craft compelling blog content or set up a segmented email campaign and do it really, really well. They require little oversight from senior leadership. Of course they need onboarding, like any role at any level, but, and it's a big but, you’re much more likely to see an immediate impact from a high-level doer than from a highest-level thinker such as a CMO and for less.
Here are three situations in which a Fractional Marketing Director might be the right choice for you:
1. You’re an early-stage startup without a marketing team
Maybe you (or your co-founder) have enough marketing know-how that’s taken you to your first 500 customers. You have some idea of how to establish the groundwork for your marketing organisation, but don’t know where’s best to start. A Fractional CMO might come in with elaborate reporting, complex strategies and ask for big bucks to hire their preferred agencies to actually do the work.
Alternatively, why not consider bringing on board a Fractional Marketing Director to initiate key initiatives in product and email. They could build out some workflows with the customer support team, enhance help-documentation by including more product-led content and improve onboarding campaigns. Alongside this, they could establish a monthly/regular newsletter or design a free initiative or piece of content to nurture the leads on your email list. You could have them see these programs through for six months, allowing you ample opportunity to evaluate their effectiveness and by then, you can make an informed decision on whether to extend a full-time offer or prioritise the hiring of a product marketing manager to focus on the overall customer experience.
2. You have an effective channel, but don’t know what to do with it
Perhaps your brilliant content marketer has left for an exciting new role, leaving behind a well ranked blog that consistently draws tens of thousands of new users to your website every month. Your immediate reaction is to hire a replacement, but you’re unsure whether to explore a new direction.
Now the blog is thriving, should you focus elsewhere, maybe find a charismatic personality to host your company podcast or run a series of digital campaigns to fill the gap? Perhaps the way forward is hiring a passionate data storyteller to enhance reports and white papers? Or maybe it’s neither? Should you hire a lifecycle marketing manager to leverage existing content and deepen relationships with customers?
So, you hire a Fractional Marketing Director who becomes a valuable resource to map out the direction of your content program. While the outcome may not be the definitive long-term strategy, hiring a skilled professional increases the likelihood of significant progress in a short amount of time.
3. There are certain seasons in which a different marketing function is high-priority
Perhaps it’s only certain periods of the year that things get particularly hectic.
The marketing function gears up for summer or you sell to corporates who are most receptive to new business three months before year end. Alternatively, you could be organising an annual user conference in the summer, requiring the most support from April through June. While your busy season may follow a fairly predictable pattern, these moments are pivotal for your business, demanding the hiring of expert marketing talent.
Step in the Fractional Marketing Director again, specialising in event marketing. They bring knowledge of all the tiny details; from knowing exactly which booth vendors to hire to where to get the most cost effective and coolest booth swag. Plus, they can seamlessly collaborate with your demand gen manager to meticulously plan and execute all promotional campaigns.
Not all businesses are equal
It's essential to recognise that not all startups, small businesses or large organisations are built equally or are run in the same way. For many, hiring a Fractional Marketing Director enables access to experienced part-time marketing experts with a proven track record and an affordable price point. In just a few days a month, an effective Fractional Marketing Director can bring all the expert marketing you need.
Whether you need executive insight into building a marketing team, don’t know which direction to take next, stronger leadership, a new outlook on strategy or extra resources during busy periods, Maggie can help.
I’m Catherine Nichols, founder of Maggie, and an experienced marketing director based in Guildford, Surrey, who’ll provide the guidance and execution your business needs to succeed.