13 September 2023

6 Ways Fractional Marketing Services Can Recession-Proof Your Business

In financially challenging times, marketing is often the first thing to get cut.

Having said that, you still need to drive leads, differentiate yourself from the competition, and communicate with customers. One way to keep your marketing efforts afloat (and aim for a recession-proof business that continues to thrive) is by taking advantage of fractional marketing services. 

How does this work? Often, it’s as simple as hiring a senior marketing leader or a dedicated marketing team for a set number of hours each month. 

This lets you reap the benefits of a marketing director to drive your business forward, without the large and long-term budget commitment. Here are some of the key benefits:

  1. Cost Effectiveness. Hiring a fractional CMO is a strategic way to make the most of your marketing budget without sacrificing senior talent. 

  2. Flexibility. In times of economic uncertainty, flexibility and adaptability is key. This agility is invaluable in navigating the turbulent waters of a recession.

  3. Access to Expertise. Business owners and CEOs know that every challenge is an opportunity in disguise. A recession is no different. To seize these hidden opportunities, you need the right skill set. 

  4. Reduced Overhead. Hiring full-time employees comes with more costs than just their salaries: benefits, office space, equipment, training, software licenses, and more. In contrast, fractional marketing hires can work remotely, using their own tools and resources.

  5. Risk Mitigation. During a recession, the future can feel even more uncertain than usual. Hiring full-time employees is a long-term financial commitment, which can present risk in unpredictable periods. 

  6. Fresh Perspectives. By bringing in fractional marketing leaders or resources who have not been embedded in your organization’s culture and practices, you can tap into new ideas and innovative solutions that you may not have considered otherwise.

marketing for a recession-proof business

Wondering how fractional hiring can help your business during tough economic times?

There are six key ways fractional marketing services can help recession-proof a business. We dive into it in our recent LinkedIn Newsletter.

Read our recent LinkedIn Newsletter here.