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Writer's pictureMaydan Sharvit

The secret behind the rapid growth of Israeli companies: an outsourced CMO



The secret behind rapid company growth: an outsourced CMO
The secret behind rapid company growth: an outsourced CMO

Hiring a strategic marketing consultant with proven experience in CMO as a Service (outsourced marketing manager) brings significant advantages to small and medium-sized companies, as well as large organizations seeking flexible and professional marketing management solutions.


Advantage 1 - Access to deep expertise and knowledge


A strategic marketing consultant with a background in CMO as a Service comes with extensive cross-disciplinary experience, having worked with a variety of industries and clients. This experience provides them with a broad understanding of current marketing strategies and market trends, along with the ability to implement customized solutions tailored to each company's specific needs and goals.


Outsourced CMO (CMO as a Service)
CMO as a Service - Strategic Marketing Consultant

Advantage 2 - Flexibility and cost-effectiveness


Hiring a marketing consultant saves companies significant costs compared to employing a full-time CMO. Instead of hiring a senior executive with all the associated expenses, an outsourced consultant offers flexible pricing based on the required scope of work. Payment is project-based or hourly, allowing the company to benefit from the services of an experienced outsourced marketing manager without straining the budget.


Advantage 3 - Focus on long-term strategy


An outsourced CMO primarily focuses on the strategic aspects of marketing, taking a broad view of the company’s vision. Such a consultant knows how to plan smart marketing initiatives that lead to long-term success, emphasizing proper planning, targeting the right audience, and implementing innovative strategies adapted to the ever-changing digital landscape.



Building a Distinctive Marketing Strategy.
Building a Distinctive Marketing Strategy.

Advantage 4 - Reducing the CEO’s burden


Many company executives are forced to handle marketing activities themselves, which creates a heavy workload and prevents them from focusing on critical aspects of running the business. The MarketingMinds campaign highlighted this issue and centered its messaging around it. Hiring a strategic marketing consultant in a CMO as a Service model relieves the CEO and management from this burden, allowing them to focus on day-to-day operations and making key decisions.

Outsourced Marketing Consultant That Frees the CEO
Outsourced Marketing Consultant That Frees the CEO


Advantage 5 - Fast and measurable results


Experienced marketing consultants can quickly identify existing market challenges and opportunities, making swift adjustments to the marketing strategy. Thanks to their in-depth knowledge of a variety of tools and solutions, results are visible in a short time and can be clearly measured.


Hiring a strategic marketing consultant with a background in CMO as a Service provides companies with the flexibility and professionalism they need to grow in today’s competitive market. This is a smart investment that aligns with the overall business strategy and delivers significant results.


So, has this model succeeded in the Israeli market? Absolutely.


Here are three examples of Israeli companies that succeeded by hiring strategic marketing consultants under the CMO as a Service model:


Waze


One of the world’s leading navigation and transportation apps utilized external marketing consulting services during its early growth stages. Through the CMO as a Service model, Waze was able to focus its marketing efforts on countries with high growth potential, adapting its messaging to local audiences. The strategic consulting enabled the company to accelerate its growth and become a key player in the global navigation market, ultimately leading to its acquisition by Google.



The team and task management platform, Monday.com, relied on external marketing consultants during its global expansion process. Using strategies based on the CMO as a Service model, the company quickly built a strong global brand and reached broad audiences worldwide. The flexible solutions offered by the consultants allowed for the creation of effective marketing campaigns, leading to rapid growth and establishing Monday.com as one of the world’s leading platforms for organizational task management.


Lemonade


Lemonade, the Israeli-American insurtech startup, chose the CMO as a Service model to develop rapid, tailored marketing strategies for the financial market. The external marketing consultants created innovative and targeted campaigns that connected precisely and personally with the target audience. The flexibility of this model allowed Lemonade to adapt its marketing messages to different markets and build a strong, leading brand in the tech-driven insurance industry.


These examples highlight how CMO as a Service has helped Israeli technology and innovation companies accelerate their growth and successfully tackle marketing challenges in competitive markets.



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