ΞIGEMY
Growth Leadership

When to Hire a Fractional CMO (And When Not To)

Sotiris Spyrou, Founder, EIGEMY7 min

The fractional CMO model has gained significant traction in the past three years, particularly among growth-stage and mid-market companies. The appeal is obvious: senior marketing leadership at a fraction of the cost of a full-time hire, with the flexibility to scale engagement up or down. But the model is not a universal solution, and deploying it in the wrong context creates problems that are harder to fix than the ones it was meant to solve.

This is a candid assessment of when fractional marketing leadership makes strategic sense, when it does not, and how to evaluate both the model and the individuals who offer it.

Signs You Need Fractional Leadership

The fractional model works best in specific circumstances. If you recognise several of these patterns, it is likely the right approach.

  • You have a marketing team but no marketing strategy. Your organisation employs marketing people who are executing tactics, running campaigns, posting content, managing paid spend, but there is no coherent strategy connecting these activities to business outcomes. The team needs direction, not more hands.
  • You are between full-time CMOs. Your previous CMO left and you need senior oversight during the transition, but you are not ready to make a permanent hire. A fractional engagement bridges the gap without rushing a decision you will live with for years.
  • Your growth has stalled and you do not know why. Revenue has plateaued, pipeline is thinning, and the marketing metrics your team reports do not explain the disconnect. You need a senior diagnostic perspective before you can determine what the fix looks like.
  • You cannot justify a full-time CMO salary. At the growth stage where marketing leadership matters but a $250,000-plus compensation package does not make financial sense, fractional engagement provides access to the same calibre of thinking at a sustainable cost.
  • You need to build or rebuild the marketing function. The organisation needs someone to define the roles, select the tools, establish the processes, and hire the right people. Once that foundation is built, a full-time leader can take over.

When a Full-Time Hire Is Better

Fractional is not always the answer. These situations call for a permanent CMO.

  • You are at scale and need daily operational leadership. Once your marketing team exceeds 15 to 20 people, the management burden alone demands full-time attention. A fractional CMO working two days a week cannot adequately lead a large team through daily decisions, escalations, and cross-functional conflicts.
  • Your industry requires deep, continuous immersion. Some sectors, particularly those with complex regulatory environments or rapidly shifting competitive landscapes, require a marketing leader who lives and breathes the business every day. Fractional engagement provides breadth of experience but not the depth of immersion that certain contexts demand.
  • Culture-building is the primary need. If your marketing team needs a cultural transformation, that requires presence, consistency, and the kind of informal leadership that happens in hallway conversations and impromptu meetings. Fractional leaders, by definition, are not always present.
  • You need a public-facing marketing figurehead. If your marketing strategy depends on the CMO being a visible brand ambassador, speaking at events, building industry relationships, and representing the company in media, that requires full-time commitment and identity alignment that fractional arrangements rarely provide.

What to Expect from a Fractional Engagement

A well-structured fractional CMO engagement should deliver clarity within the first 30 days. That means a diagnostic assessment of your current marketing function, a strategic framework aligned with your business objectives, and a prioritised roadmap with clear accountability.

Typical engagement models range from one to three days per week, with the most common being two days. The fractional CMO should integrate with your leadership team, attend board meetings or provide board-ready reporting, and be available for critical decisions outside their scheduled days.

Expect the following deliverables within the first quarter:

  • A marketing strategy document tied to revenue targets, not marketing vanity metrics
  • An honest assessment of the current team's capabilities and gaps
  • A channel strategy based on evidence, not assumption
  • A measurement framework that the board can actually use
  • A 12-month roadmap with quarterly milestones

If your fractional CMO has not delivered these within 90 days, the engagement is not working.

Red Flags in Fractional CMOs

The fractional CMO market has attracted both genuine senior operators and people who have rebranded unemployment as a consulting practice. Here is what to watch for.

  • No track record of P&L responsibility. A real CMO has been accountable for revenue numbers. If their experience is limited to managing campaigns or content teams, they are a marketing manager, not a CMO, regardless of what their LinkedIn title says.
  • They lead with tactics, not strategy. If the first conversation is about which channels to use or which tools to implement, rather than about your business model, competitive position, and growth objectives, they are thinking at the wrong level.
  • They cannot articulate how they measure marketing ROI. A senior marketing leader should have a sophisticated, honest view of attribution. If they promise clean, end-to-end attribution on every pound spent, they are either naive or misleading you.
  • They take on too many clients. A fractional CMO working with more than three to four companies simultaneously cannot give any of them adequate attention. Ask directly how many engagements they manage concurrently.
  • They resist accountability. A good fractional CMO welcomes clear KPIs and regular performance reviews. If they push back on measurable objectives, that tells you something important.

How to Measure Success

The metrics for evaluating a fractional CMO should be tied to business outcomes, not marketing activity. Consider these as your evaluation framework:

  • Pipeline contribution: Has the marketing-sourced pipeline increased? This is the primary measure of marketing effectiveness.
  • Strategic clarity: Can every member of the marketing team articulate the strategy and explain how their work connects to it? This is the measure of leadership effectiveness.
  • Team development: Has the capability of the marketing team measurably improved? Are the right people in the right roles?
  • Cost efficiency: Has customer acquisition cost decreased or has the ratio of lifetime value to acquisition cost improved?
  • Board confidence: Does the board feel better informed about marketing performance and strategy? This is subjective but critical.

Review these at 90-day intervals. If progress is not evident by the six-month mark, either the fractional CMO is wrong for your business or the business was not ready for what a fractional CMO provides.

Making the Decision

The choice between fractional and full-time is not primarily about cost. It is about what your organisation needs at this specific stage. The fractional model provides strategic leverage at a point where full-time investment is either premature or unnecessary. The full-time model provides operational depth at a point where the organisation has outgrown part-time leadership.

If you are considering this decision and want an honest assessment of which model fits your current situation, we work with growth-stage companies across both models and can help you evaluate the right approach based on your specific context, team maturity, and growth objectives.


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