The Duct Tape Marketing Method: Revamping Small Business Strategies with John Jantsch
Mar 12, 2024
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Marketing expert John Jantsch discusses the benefits of fractional CMOs, integrating marketing and operations, and navigating evolving digital marketing practices. He provides actionable advice for small businesses to refine marketing strategies and drive growth effectively.
Fractional CMOs offer cost-effective marketing solutions compared to traditional CMOs.
Collaboration with fractional COOs enhances business performance by addressing marketing and operational challenges.
Deep dives
Cost Structure of Fractional CMOs
When hiring a fractional CMO, the cost structure typically ranges from $5,000 to $10,000 per month. This cost covers management of content creation, SEO, and overall marketing strategy, excluding advertising expenses. In comparison, hiring a traditional CMO can cost around $30,000 per month, making fractional CMOs a more cost-effective option for businesses.
Need for Resource Network
While having a dedicated team is not mandatory for fractional CMOs, having a resource network is crucial. This network allows for the flexibility to bring in experts for specific needs, ensuring that clients have access to diverse skills and capabilities as required. Trusted resources play a vital role in addressing various aspects of marketing and strategy implementation.
Collaboration with Fractional COOs
Considering the interconnected nature of marketing and operations, collaborating with fractional COOs can enhance overall business performance. By partnering with experts in operations management, fractional CMOs can address not only marketing issues but also operational challenges that impact marketing outcomes. This collaboration creates a more holistic approach to business growth.
Client Expectations and Engagements
Setting clear expectations with clients, such as the involvement of a team and the level of engagement, is essential for successful fractional CMO engagements. Establishing upfront the role of team members, the strategic orchestration by the fractional CMO, and the expected results can help in managing client relationships effectively. By offering transparency and outlining processes, clients can better understand the value delivered by fractional CMO services.
John Jantsch, marketing consultant and bestselling author, demystifies the complexities of marketing for small businesses. With insights from his renowned book, "Duct Tape Marketing," John presents the importance of a systematic viewpoint, involving both strategic frameworks and the need for experimentation. He underlines the role of a fractional CMO in orchestrating diverse marketing efforts into a cohesive strategy that aligns with business objectives, ultimately providing us all with actionable advice to refine our marketing practices and grow our businesses effectively.
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