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Does Your Business Really Need A Fractional Marketing Director in 2024?

Posted
September 7, 2023
9
mins read

Why Should You Hire A Fractional Marketing Director in 2024?


Marketing is changing and you need a strategic leader


Marketing is one of the most important functions of any business. It helps you attract, engage, and retain customers, as well as increase your brand awareness, reputation, and revenue. However, marketing is also one of the most challenging and dynamic aspects of running a business. It requires constant innovation, adaptation, and optimization to keep up with the changing needs and preferences of your target audience and the evolving trends and technologies in the industry.


That’s why you need a Marketing Director to lead your marketing efforts and ensure they are aligned with your business goals and vision. A Marketing Director is a senior executive who oversees all aspects of marketing, from strategy and planning to execution and measurement. A Marketing Director is responsible for creating and implementing a comprehensive marketing plan that covers everything from branding and positioning to content and campaigns. A Marketing Director also manages and mentors your marketing team, ensuring they have the skills, resources, and direction they need to succeed.


However, hiring a full-time Marketing Director can be costly and risky for many businesses, especially small and medium-sized ones. According to Glassdoor, the average salary of a Marketing Director in the US is $174,573 per year, not including bonuses, benefits, and other expenses. Moreover, finding and retaining a qualified Marketing Director can be difficult, as there is a high demand and low supply of experienced marketing leaders in the market. Additionally, hiring a full-time Marketing Director may not be necessary or feasible for your business if you only need executive-level expertise on a part-time or project-based basis.

That’s where a Fractional Marketing Director comes in. A Fractional Marketing Director is a marketing expert who works with your business on a fractional or contract basis, providing you with the same level of expertise and leadership as a full-time Marketing Director without the commitment or cost of hiring one. You get the best of both worlds: a seasoned marketing professional who can help you grow your business, and a flexible agreement that suits your needs and budget.

The top 5 benefits of hiring a Fractional Marketing Director in 2023

Hiring a Fractional Marketing Director can have many benefits for your business, especially in 2023. Here are the top five reasons why you should consider hiring a Fractional Marketing Director in 2023:

  1. The changing landscape of marketing and the need for strategic leadership
  2. The rising demand for digital marketing skills and the talent gap
  3. The increasing complexity and diversity of marketing channels and tools
  4. The growing importance of data-driven marketing and analytics
  5. The competitive advantage of having a Fractional Marketing Director on your side


Let’s explore each of these benefits in more detail.

1. The changing landscape of marketing and the need for strategic leadership


Marketing is constantly changing and evolving, especially in the digital age. New platforms, channels, tools, techniques, and best practices emerge every day, requiring marketers to stay on top of the latest developments and trends. Moreover, marketing is becoming more integrated and holistic, requiring marketers to have a broad range of skills and knowledge across various disciplines such as SEO, social media, email marketing, content marketing, video marketing, influencer marketing, etc.

To navigate this complex and dynamic landscape, you need a strategic leader who can help you create and execute a coherent and effective marketing strategy that aligns with your business goals and vision. A Fractional Marketing Director can provide you with that strategic leadership, helping you identify your target market, value proposition, competitive advantage, brand identity, messaging, etc., as well as develop a clear roadmap for achieving your desired outcomes.

A Fractional Marketing Director can also help you adapt to the changing market conditions and customer expectations by conducting regular market research, competitor analysis, customer feedback surveys, etc., and adjusting your strategy accordingly. A Fractional Marketing Director can also help you leverage new opportunities and innovations in the industry by introducing new platforms, channels, tools, techniques, etc., that can enhance your marketing performance.

2. The rising demand for digital marketing skills and the talent gap


Digital marketing is becoming more important than ever for businesses of all sizes and industries. According to Statista , global digital ad spending is expected to reach $526 billion by 2024 , up from $332 billion in 2020 . Moreover, according to HubSpot , 70% of marketers are actively investing in content marketing , 74% are prioritizing SEO , 61% are focusing on social media , 46% are using video , 45% are using email , etc.

However, according to McKinsey , there is a significant talent gap in digital marketing skills across various domains such as data analytics , web development , UX design , etc., making it hard for businesses to find and hire qualified digital marketers. Moreover, according to LinkedIn , digital marketing roles have grown by 33% since 2017 , while the number of applicants per role has decreased by 25% , indicating a high demand and low supply of digital marketing talent in the market.

Hiring a Fractional Marketing Director can help you bridge this talent gap and access the digital marketing skills you need to grow your business online. A Fractional Marketing Director can bring a wealth of digital marketing experience and expertise to your business, whether it’s in SEO, social media, email marketing, content marketing, video marketing, influencer marketing, etc. A Fractional Marketing Director can also help you train and upskill your existing marketing team, as well as recruit and onboard new hires, ensuring you have a competent and capable digital marketing team.

3. The increasing complexity and diversity of marketing channels and tools


Marketing is becoming more complex and diverse, as there are more channels and tools available for marketers to reach and engage their target audience.

According to Smart Insights , there are over 150 different types of marketing channels , such as websites, blogs, podcasts, webinars, ebooks, newsletters, social networks, online communities, forums, chatbots, etc.

Moreover, according to Chiefmartec, there are over 8,000 different types of marketing tools, such as CRM systems, email marketing platforms, social media management tools, content management systems, analytics tools, etc.


Managing and optimizing these multiple channels and tools can be challenging and time-consuming for marketers, especially if they lack the skills or resources to do so effectively. Moreover, using too many channels and tools can lead to confusion, inconsistency, duplication, and inefficiency in your marketing efforts.


Hiring a Fractional Marketing Director can help you simplify and streamline your marketing operations by helping you select and integrate the most relevant and effective channels and tools for your business.

A Fractional Marketing Director can help you create a cohesive and consistent brand identity and voice across all your channels and platforms, as well as optimize your content and campaigns for each channel and tool. A Fractional Marketing Director can also help you measure and analyze the performance of your channels and tools using various metrics and KPIs, as well as provide recommendations for improvement.

4. The growing importance of data-driven marketing and analytics


Marketing is becoming more data-driven and analytical, as marketers rely on data to make informed decisions and optimize their marketing efforts. According to Forbes , 88% of marketers agree that data is critical for their success , while 64% say that data-driven marketing is more effective than traditional marketing . Moreover, according to Gartner , 87% of senior business leaders say that data analytics is a top priority for their organization.

However, according to Harvard Business Review , only 44% of marketers are confident in their ability to measure ROI , while 39% say they struggle with data quality issues . Moreover, according to Econsultancy , only 30% of marketers say they have the right skills to analyze data , while 27% say they lack the tools or technology to do so.

Hiring a Fractional Marketing Director can help you overcome these challenges and leverage the power of data-driven marketing and analytics for your business. A Fractional Marketing Director can help you collect, clean, organize, and analyze data from various sources such as your website, social media, email marketing, etc., using advanced tools and techniques such as Google Analytics , Tableau , Power BI , etc. A Fractional Marketing Director can also help you interpret and visualize the data using dashboards, reports, charts, graphs, etc., as well as provide actionable insights and recommendations based on the data.

5. The competitive advantage of having a Fractional Marketing Director on your side


Marketing is becoming more competitive than ever, as businesses face increasing pressure from their rivals in the market. According to HubSpot [35], 63% of marketers say that generating traffic and leads is their biggest challenge [36], while 40% say that proving the ROI of their marketing activities is their second biggest challenge [37]. Moreover, according to Content Marketing Institute [38], 91% of B2B marketers use content marketing [39], while 86% of B2C marketers use content marketing [40].

To stand out from the crowd and gain a competitive edge in the market, you need a Fractional Marketing Director on your side. A Fractional Marketing Director can help you create and execute a unique and compelling marketing strategy that differentiates you from your competitors and showcases your value proposition.

A Fractional Marketing Director can also help you identify and capitalize on new opportunities and niches in the market by conducting SWOT analysis [41], PEST analysis [42], Porter’s Five Forces analysis [43], etc. A Fractional Marketing Director can also help you monitor and benchmark your performance against your competitors using tools such as SEMrush [44], Moz etc. A Fractional Marketing Director can also help you create and implement a competitive intelligence strategy that helps you stay ahead of the curve and anticipate your competitors’ moves.

Conclusion: Hire a Fractional Marketing Director today and take your marketing to the next level in 2023


As you can see, hiring a Fractional Marketing Director in 2024 can have a significant impact on your business growth. A Fractional Marketing Director can provide you with the expertise and leadership of a full-time Marketing Director without the commitment or cost of hiring one. A Fractional Marketing Director can also help you navigate the complex and dynamic landscape of marketing, access the digital marketing skills you need, simplify and streamline your marketing operations, leverage the power of data-driven marketing and analytics, and gain a competitive advantage in the market.


If you’re ready to elevate your marketing game without the commitment of a full-time Marketing Director, contact Darling Local today to explore how our Fractional Marketing Director services can benefit your business. We have a team of experienced and qualified Fractional Marketing Directors who can work with you on a flexible and affordable basis. Whether you need a Fractional Marketing Director for a few hours a week or a few days a month, we can match you with the best fit for your business. Don’t miss this opportunity to take your marketing to the next level in 2023.

We are selectively taking on clients for 2024. IfContact us today and let’s start the conversation.

📧 Email us at hello@darlinglocal.com.

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