What is CMO on Demand (and Why is it Especially Effective for Complex B2B Manufacturing Companies)?
Aaroh Consulting
Digital Transformation. Marketing. Technology. Finance BUILD. SCALE. OPTIMISE
Most business leaders are today grappling to understand what role will marketing play in their businesses. A few years back, the answer was simple - No role for marketing in our company. We have a set of repeat customers who not only give us regular business but also get us new clients through referrals. Sounds familiar?
Today, the narrative has changed. Business leaders, especially in family-run companies, perhaps driven by the second generations no longer question that marketing has a role to play for the companies growth. But the question remains - what role should it play? What should be the budget allocation? What can be the specific expectations for our company in terms of actual business? What would be the ROI? Should we hire our own team or should we outsource? Why results should we expect from our SEO investments?
CMO on Demand is a strategic approach to hire senior level marketing professionals on a flexible basis for a specific number of hours or for a specific period of time to support a specific growth initiative or growth plan. This “Consultant” model allows companies to leverage the expertise of seasoned marketers without the commitment and expense of full-time staff.
Marketing while looking simpler and simpler, is actually becoming more complex as the entry barrier has reduced - anyone can now promote themselves for a specific business through smart organic tactics. This can be an advantage for SMBs to fight against larger companies with deep pockets and large marketing budgets. However, it can also be a disadvantage as fraudulent or unproven companies can also make themselves look good on the surface and create a lot of content that increases the competition for in the organic space.
Navigating the complexities of a crowded digital space, fixing the role of marketing in the physical space - allocating budgets to various elements of 360 degree marketing, ensuring reliable delivery partners - this is where an experienced CMO can ensure that the budgets are used for maximum returns. A CMO not only ensures the correct strategy, allocation of budgets for maximum impact but also ensures that the Delvery engine is not leaking and the strategy is executed by a strong team with complete focus on the company. Execution is major part of a successful marketing campaign. With marketing becoming an unorganised sector with several mom and pop setups offering services at ? th the pricing of more established agencies, it requires an experienced CMO to sift through the talk and identify agencies who are reliable.
Why CMO on Demand: When senior CMOs become too expensive, SMBs have access to experienced CMOs from large multinationals and consulting companies in a fractional model where they devote a part of their time to the company. This is more than enough to create the strategy, identify and monitor the right partners and help companies meet their objectives from marketing as a function.
Why CMO on Demand Works for B2B Manufacturing
1. Complexity and Specialization:
B2B manufacturing often involves complex products and long sales cycles, requiring a deep understanding of both the industry and the technical aspects of the products. Fractional marketers with experience in B2B manufacturing can develop targeted strategies that resonate with specific buyer personas and address the unique challenges of the industry.
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2. Focused Strategy Development:
Fractional marketing professionals can help develop and implement comprehensive marketing strategies tailored to the manufacturing sector. This includes everything from market research and competitive analysis to branding, lead generation, and content marketing, ensuring that every aspect of the marketing plan is aligned with business goals.
3. Faster Time to Market:
With their extensive experience and established methodologies, fractional marketers can quickly develop and execute marketing campaigns. This agility is essential for manufacturing companies looking to respond swiftly to market opportunities or competitive pressures.
4. Enhanced Lead Generation:
Effective lead generation is critical for B2B manufacturing companies. Fractional marketers can design and implement sophisticated lead generation campaigns that leverage digital marketing, SEO, social media, and other channels to attract and convert high-quality leads.
5. Measurable Results:
CMO on Demand focuses on delivering measurable results. They employ data-driven approaches to track the performance of marketing campaigns, providing insights and recommendations to optimize strategies and improve ROI.
CMO on Demand is an ideal solution for complex B2B manufacturing companies looking to enhance their marketing efforts without the burden of full-time hires. By accessing top-tier marketing expertise on a flexible basis, these companies can develop and execute effective marketing strategies that drive growth and competitive advantage. If you’re a B2B manufacturer seeking to elevate your marketing game, consider the benefits of CMO on Demand and how it can propel your business forward.