The cost of hiring a Fractional CMO can vary based on factors such as the level of expertise, the scope of responsibilities, and the duration of the engagement. Fractional CMOs typically charge an hourly or project-based fee, and rates can range widely depending on the consultant's experience and the specific needs of your company. On average, you might expect to pay between a few hundred to a few thousand dollars per hour for a seasoned Fractional CMO. While this may seem higher than the hourly rate of a full-time employee, it often proves cost-effective for practices that don't require full-time support. The flexibility of a Fractional CMO allows you to tailor the engagement to your budget and the demands of your marketing initiatives.