Comparison
Quick answer
A fractional CMO is a senior marketing executive who joins your team part-time to provide strategic leadership — owning your marketing direction, managing vendors, and aligning marketing to business goals. A marketing agency executes specific campaigns or channels. The core difference: a fractional CMO provides strategy and leadership; an agency provides execution.
Most growing companies need both — a fractional CMO for strategic leadership and agencies for channel execution. If you are spending on agencies without clear strategy, hire a fractional CMO first: they will determine which agencies to use, at what budgets, with what KPIs. Without strategic leadership, agency spend is often poorly allocated.
Hourly rate
$75–$250/hr
Most common for audits, strategy sessions, and channel-specific advice
Per session
$150–$500
For a structured marketing audit or strategy advisory session
Monthly retainer
$2,000–$10,000/month
For ongoing fractional CMO or multi-channel strategy work