Hiring a Chief Marketing Officer (CMO) is a big step for any growing tech startup, and one that should not be made lightly or too early, which is why Betts Recruiting has compiled this comprehensive list of key questions to ask when interviewing candidates to help you narrow down your unicorn fit. An executive hired to lead outreach for a venture capital-backed SaaS company needs to be more than a top-down marketer, especially if you are still in an earlier stage of funding. Your go-to-market (GTM) team needs a CMO who is experienced in driving measurable growth and knows how to scale initiatives within your market space, getting the most out of each campaign.
The Role of the CMO in Tech
Just as with other C-suite executive positions in SaaS, the role of a Chief Marketing Officer has transformed in recent years to respond to the growing challenges in the sector. More than ever, CMOs are the stewards of client relationships and engagement, promoting or safeguarding trust in the brand’s image and ensuring effective communication that speaks directly to customer or prospect needs. This is especially crucial in early-stage startups, where establishing credibility and building genuine connections with target audiences can make or break a company’s success.
Achieving all of this, however, is particularly challenging in the post-pandemic world of the SaaS sector. Tighter software spending budgets, growing data privacy concerns, and a constant influx of AI-generated communications from every vendor in the space – as well as those pretending to be AI-vendors – has left customers skeptical of what they hear from technology companies.
To counter this skepticism and mistrust, many C-level marketers are working to get ahead of new trends while adopting more purpose-driven communication as well as associating their brands with personalization. This human-centric approach to marketing leadership has become a key differentiator in the crowded tech marketplace. The following questions are designed to help you assess candidates who can not only drive growth but also build and maintain the trust that sustains it.
Questions About Past Roles & Responsibilities
These questions will help you delve into the candidate’s experience and marketing expertise. By exploring their professional background, you can better gauge their ability to lead your outreach operations:
- Marketing Analytics: Ask the candidate to list KPIs (key performance indicators) they keep track of consistently, as well as how they translate these metrics into actionable results. Look for candidates who can demonstrate a clear understanding of marketing ROI and data-driven decision making.
- Brand Management: Ask your CMO candidate how they have approached branding at the organizational level as well as the product level, and how they have leveraged creative input from the rest of the executive team balanced with analytical data to refine the brand’s story. Seek examples of successful brand management that drove measurable outcomes.
- Budgeting: Let the candidate describe their budgeting process, and what goes into their decision-making for allocating investments and resources. Listen for specific criteria focused on ROI measurement and a strategic balance between experimental and proven tactics.
- Market Research: Ask the candidate what methods they have used to get a market pulse, and how they gauge both prospect interest and competitor positioning. This will help you see how they approach research and leverage their insights for strategic planning.
- Tech Stack Selection: Ask the candidate to list new or emerging marketing tools they have worked with in recent years, and how they implemented these into their team’s workflows. You will want to assess how well they stay current with MarTech developments, and more importantly, how they qualify ROI for a solution to ensure success.
- Channel Strategy: Ask your CMO candidate to provide examples of how they have balanced resources and time between different marketing channels, particularly how they decide which to prioritize. You will want to evaluate their ability to create a comprehensive multi-channel strategy, as well as their knowledge of your market audience and which channels they consume the most.
- Marketing Leadership: Ask the candidate to describe ways they have worked with other executives in the past to help maximize the impact of the marketing team’s efforts. You will want to look for someone that demonstrates the ability to strategically align with other teams and knows how to leverage collaborative leadership to meet their goals.
- Pricing Strategy: Have the candidate describe what pricing frameworks they have worked with previously at past SaaS companies. To ensure they align with your current sales motion, your Chief Marketing Officer should not only be familiar with your pricing structure but also be well experienced in how to market its value to prospects.
Situational Questions for a CMO Candidate
These questions include scenarios and hypothetical situations to help assess your CMO candidate’s problem-solving abilities, strategic thinking, and adaptability to real-world marketing challenges:
- Vision Planning: Ask the candidate what they would do if they were hired tomorrow and needed to present their marketing strategy to the rest of the executive team. This will help you see if they have done their homework on your startup company, and how knowledgeable they are of your existing sales motion and if they can provide a plan that scales with it.
- Crisis Management: Present a scenario where customer trust may be jeopardized, such as an accidental data breach with a third-party partner in your channel. Look for a candidate that not only demonstrates effective communication skills, but that stresses transparency and empathy with your client base.
- Brand Evolution: Tell the candidate that the board is insisting on a brand refresh from the top down, and add requests for specific changes. Assess their ability to navigate relationships with stakeholders as well as defend their own strategic positions with data or past experience.
- Resource Optimization: Give your CMO candidate a scenario where they are facing a 30% cut to their marketing budget in the middle of the quarter, and ask them how they would adjust their planning and any ongoing campaigns. Use this question to gauge their level of resourcefulness and how they prioritize resource allocation when challenged.
- Technology Integration: Tell the candidate that the executive team is looking at implementing new Generative AI tools to help streamline sales and marketing workflows, and ask for their opinion on the best way to go about this. Pay attention to how they balance the potential opportunities and risk involved, and whether they can bring any firsthand experience of successful implementation and use.
- Market Disruption: Come up with a scenario where a new competitor has arrived on the scene and you have already lost a customer to their lower pricing. See how the candidate thinks through how to respond, and the level of adaptability they display in addressing the competitive threat.
- Team Development: Ask the candidate how they would handle a scenario where they have multiple members of the marketing team leave in a short period. Look for responses that seek to take accountability while also displaying a forward-thinking approach to building up teams around strategic needs.
- Growth Challenge: Present a scenario where the candidate has been asked to double lead generation in the upcoming financial quarter but without any major increases to the marketing budget. You will want to evaluate their ability to innovate under constraints and leverage existing resources without burning out their team.
Scale Your Org with Betts Recruiting’s Marketing Executive Search
Identifying a visionary CMO who can transform your marketing strategy while building authentic customer connections requires deep expertise in the evolving tech leadership landscape. Working with Betts, you get access to a team of expert recruiters, our own in-house platforms, and scalable, data-driven solutions for executive search recruiting that allow you to streamline your talent acquisition budget for the best cost-per-hire.
Contact Betts here to discover how we can help you find your unicorn CMO who will take your GTM strategy to new heights.