Fractional CMO

Fractional CMO in Europe: a decision guide for founders and CEOs

A fractional CMO in Europe is a senior marketing leader who takes the CMO seat for a fraction of the week and steers marketing across several European markets. It is the same model as a part-time CMO. iytro, founded in 2019, places these leaders 1 to 3 days a week at 1,100 to 1,500 € per day, from offices in Paris, Barcelona and New York.
July 21, 2022
•
4 min
Jonathan Lumbroso
CEO

Key takeaways

  • "Fractional CMO" and "part-time CMO" are the same model; "fractional" is the term used by international, VC-backed teams.
  • Typical triggers: a funding round, a gap between two CMOs, a new European market.
  • The first 90 days: diagnosis, a plan by country, then execution with your team.

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Why do European founders say "fractional CMO"?

"Fractional" comes from the English-speaking startup world. Investors and founders use it for an executive who holds a leadership seat for a fraction of the week. In France the same model is usually called a part-time CMO, or "directeur marketing à temps partagé". The work is identical. The word mostly tells you who is speaking: an international team, an English-language board, a VC-backed company.

If your board deck is in English and your investors sit in several countries, you will hear "fractional". If you want the practical version of this page, with days, price and logistics, read the part-time CMO in Europe page.

What situations trigger a fractional CMO in a European company?

  • After a funding round. The plan promises growth in new countries. The marketing team was built for one market.
  • Between two CMOs. A senior search takes time. An interim leader keeps campaigns, budget and team moving in the meantime.
  • Entering a new European market. Someone has to decide which country comes first, what is localised and what is left alone.
  • Leaving or pausing a market. Pulling back needs as much judgement as launching: what to keep running, what to stop, what to tell customers.
  • A founder who still runs marketing. It worked in the home market. With three countries it takes time the founder no longer has.

Fractional CMO, full-time CMO, agency or freelancer: how do they compare in Europe?

A full-time CMO

The right answer when marketing needs a senior leader five days a week and you know exactly which profile you need. For a multi-country company that profile is hard to define early. A leader who is strong on brand may be weaker on demand generation, and the reverse. A long recruitment followed by a wrong fit is an expensive mistake. A fractional leader lets you test the scope of the role before you hire for it.

An agency

Agencies execute well inside a brief. In Europe you often end up with one per country. Nobody inside the company compares them or decides how budget moves between markets. A fractional CMO sits on your side of the table, writes the briefs and holds the agencies to the same numbers.

A freelancer

A good freelancer delivers a specific skill: paid media, content, a website. They do not sit in your leadership team or arbitrate between countries. You often need both: a leader who decides and specialists who deliver.

What does it cost compared with a full-time hire?

An iytro leader is embedded 1 to 3 days per week, or as an interim, at 1,100 to 1,500 € per day. Two days a week is about 10,000 to 12,000 € per month. There is no long-term commitment and the volume is adjusted month by month. You pay for the days you use, and you can scale down when a full-time leader arrives or when the team is autonomous.

The details of the offer are on the part-time CMO page. When the need is a team more than a single leader, 1+1 is a small subscription team.

What do the first 90 days look like?

  • Days 1 to 30: diagnosis. Interviews with the leadership team, sales and country leads. A review of spend, pipeline and tools by market. One shared set of definitions so countries can be compared.
  • Days 31 to 60: plan. A ranking of markets. A decision on what is central and what is local. A budget and an owner for each line. A view on the team: who is missing, who is in the wrong seat.
  • Days 61 to 90: execution. The first campaigns under the new plan. A regular report to the CEO and the board. A recommendation on what the marketing organisation should look like in a year, including whether to hire a full-time CMO.

How does iytro work with companies across Europe?

iytro was founded in 2019 and created the Part-time CMO model in France. It has 400+ clients, 86% of whom recommend it, and is B Corp certified. Its offices are in Paris, Barcelona and New York. It has no office in other European cities: leaders work with companies there from Paris or Barcelona, on site when needed and remotely otherwise.

If France is one of your markets, see the fractional CMO in France page. If your team is distributed, the remote fractional CMO page explains when distance works and when it does not. The Qovoltis case study and the Veesion case study show the model in practice.

Is a fractional CMO in Europe different from a part-time CMO?

No. It is the same model: a senior marketing leader in your team for part of the week. "Fractional" is the term used in international and VC-backed companies.

Should we hire a full-time CMO before expanding into new European markets?

Only if you already know the profile you need. A fractional CMO lets you run the first expansion steps, see what the role really requires, then hire with a precise brief.

How long does a fractional CMO stay with a European company?

There is no long-term commitment at iytro. The volume is adjusted month by month, from 1 to 3 days a week, and the assignment stops when you no longer need it.

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