
When your business is growing fast, having the right marketing leader is key. You’ll need someone who can set strategy, align your team, drive revenue, and boost your brand in a competitive market. For small to mid-size businesses (SMBs), the big question is whether to bring on a fractional marketing leader or hire a full-time head of marketing.
Both options have their own pros and cons, and the best choice really comes down to your business needs, goals, and budget.
Source: Glassdoor
A fractional marketing leader is an experienced marketing pro you bring on part-time. They’re not full-time employees, but they have the know-how to provide strategic leadership for your marketing efforts. These leaders are seasoned experts or consultants with years of experience across various industries who step in to fill the marketing gaps your business might have. For businesses that need high-level guidance without the commitment of a full-time salary, they’re an incredibly valuable resource.
A full-time Head of Marketing is a permanent team member who leads your entire marketing strategy and team. This high-level role covers everything from building the team and managing campaigns to executing strategies, allocating budgets, and focusing on long-term branding goals.
Fractional Marketing Leader
Hiring a Fractional Marketing Leader can save you a lot of money. A full-time marketing executive in the U.S. typically makes $150,000 to $250,000 a year for most SMBs, depending on their location and experience (according to Glassdoor). When you add in benefits, onboarding costs, and bonuses, the total gets even higher.
On the other hand, a fractional marketing expert usually charges a monthly retainer between $5,000 and $15,000, which works out to $60,000 to $180,000 a year. Since you’re only paying for the time and services you actually use, you skip the costs of benefits and other overhead expenses.
Full-Time Head of Marketing
Hiring a full-time Head of Marketing gives your business consistent, on-site leadership, but it definitely comes at a cost. We’ve already covered the average salary above, but there’s usually more to the cost of hiring a senior-level marketing employee:
Plus, don’t forget recruitment costs, which can be about 20% of the annual salary. It all adds up fast!
Pros of a Fractional Marketing Leader
Cons of a Fractional Marketing Leader
Pros of a Full-Time Head of Marketing
Cons of a Full-Time Head of Marketing
When to Choose a Fractional Marketing Leader:
When to Hire a Full-Time Head of Marketing:
Still unsure? Try starting with a fractional marketing leader as your business gets up to speed. Once things are running more smoothly and your budget grows, it’ll be much easier to bring on a full-time Head of Marketing.
Investing in marketing leadership is a big step for your company’s growth. Whether you bring on a fractional marketing leader or hire a full-time Head of Marketing, it’s all about aligning the choice with your business goals and where you are right now.
If you’re curious about how a fractional marketing leader could bring expert strategy without the full-time commitment, let’s talk.
With the right leader in place, scaling your business becomes a lot more doable.
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