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Month 1: the read and the plan
A full audit of acquisition, conversion, retention and tracking, and a plan in priority order. The reporting system goes in underneath it.
Do you need a fractional CMO?
If you’re spending on marketing and nobody can tell you which part is paying for itself, you probably need someone senior to own it. Here’s how to tell, and when you don’t need one yet.
Written by Monica Hacker, fractional CMO for CPG, ecommerce, beauty and wellness, and healthcare brands.
The signs
Revenue grows with the budget, but margin doesn’t. You’re buying growth instead of building it.
Meta says it’s working, Google says it’s working, the agency report is green, and revenue is flat. Nobody is reconciling the claims.
Everyone owns a piece. Nobody answers for the total, so decisions default to whoever spoke last.
You approve the creative, set the budget and read the dashboards at midnight. It worked at the start. Now it’s the bottleneck.
Without cost to acquire and lifetime value by channel, every budget decision is a guess.
All the energy goes to the first order. The customers you already paid for aren’t coming back, and nobody’s job is to fix that.
A senior hire left, or a junior one was asked to do a CMO’s job. Either way the gap is still there.
Why growth stalls
It’s rarely one broken channel. It’s the space between them. Paid media optimizes for clicks, the site optimizes for nothing in particular, retention runs on a calendar, and tracking can’t connect any of it to revenue. Each piece looks fine on its own.
Fixing it takes someone who looks across all of it at once: where customers come from, what they cost, where they drop before buying, and whether they come back. Then a plan in priority order, and the authority to make the pieces work as one.
When you don’t need one
You’re still finding the product people want. Marketing leadership amplifies what works, and there’s nothing to amplify yet.
You only need hands. If the strategy is clear and proven, a strong specialist or agency will get you further for less. My fractional CMO vs agency guide walks through that choice.
You need a CMO every day. If the team is large and the role belongs on the executive team full time, hire full time.
If you go ahead
01
A full audit of acquisition, conversion, retention and tracking, and a plan in priority order. The reporting system goes in underneath it.
02
The two or three changes with the most revenue behind them, plus the first tests. Agencies and the team get clear priorities.
03
We double down on what’s paying for itself and review together. If it isn’t working, we change the scope or stop.
If you have people or agencies doing the work and nobody senior owns the result, you’re the profile. The seven signs above are the usual symptoms.
With me: month one is the audit and the plan, month two fixes the biggest leaks and starts testing, month three scales what works and ends with a review.
If you haven’t found a product people buy repeatedly, yes. Leadership amplifies what works. Before that, focus on the product and a few scrappy tests.
A Growth Audit. $2,500, delivered in 5 days. You get a prioritized read on what’s working and what to fix first, whether or not we work together after.
Start with a Growth Audit. A prioritized read on your acquisition, conversion, retention and tracking, delivered in 5 days, before you commit to a retainer.
Book a call →Thirty minutes. Bring your numbers, or just bring the problem. You'll leave knowing what I'd fix first.