The cost of a fractional chief marketing officer (CMO) can vary depending on a number of factors, such as their level of experience, the specific services they are providing, and the size and complexity of the business they are working with.
Typically, fractional CMOs charge an hourly or project-based rate.
According to industry estimates, the average hourly rate for a fractional CMO ranges from $150 to $450 per hour. However, rates can be higher or lower depending on the CMO's level of experience and the specific services they are providing.
Some fractional CMOs may also charge a retainer fee, which is a flat monthly fee that covers a certain number of hours of work. The retainer fee can range from $5,000 to $25,000 or more per month, depending on the CMO's level of experience and the specific services they are providing.
It's important to note that a fractional CMO's cost will also depend on the company size and the complexity of the project, a small business or startup may pay less than a larger enterprise. Also, some fractional CMOs may offer package deals that include a specific set of services at a fixed price.
In any case, before hiring a fractional CMO, it is important to have a clear understanding of the services they will be providing, the costs involved, and how their fees will be structured. This will help to ensure that the business is getting the best value for its money and that the CMO's services are aligned with the business's goals and needs.
HelloCMO is a professional Chief Marketing Officer (CMO) service provider that offers a unique approach to outsourced marketing. Unlike traditional CMO services, HelloCMO charges a capped retainer of $7800 per month and includes a wide range of tactical items such as graphic design, website maintenance, photo editing, digital infrastructure, staffing management, video editing and much more.
Put it this way, we get the job done.
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