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You're doing everything you're supposed to do.
You're posting on LinkedIn. Running ads. Sending email campaigns. Attending conferences. Publishing blog content. Your website looks professional. Your marketing coordinator is busy. Your agency sends regular reports.
But when you look at the numbers, something's off.
Marketing spend is up. Activity is up. But revenue growth? Flat. Customer acquisition cost? Rising. Pipeline? Inconsistent.
You're starting to wonder: Is marketing just not effective for our type of business? Are we in a tough market? Did we hire the wrong people?
Here's the truth: Your marketing isn't working, but it's not because you're doing the wrong tactics. It's because you're missing the foundation those tactics need to sit on.
And that's not your fault.
Somewhere along the way, we all bought into the idea that marketing is about tactics.
"Just post more on LinkedIn."
"You need to run ads."
"Have you tried email marketing?"
"Your website needs to be rebuilt."
"SEO is the answer."
So you do those things. You hire people or agencies to execute them. And for a while, it feels productive. There's activity. Metrics go up. Reports look good.
But revenue doesn't move the way you expected.
Here's why: Tactics are the output of strategy. Without strategy, tactics are just noise.
And most founders–especially in the $3M-$35M range–don't have a marketing strategy. They have a collection of tactics that aren't connected to anything.
That's not a criticism. It's the reality of growing a business. You were busy building a product, serving customers, raising money, hiring a team. Marketing strategy wasn't the priority, until suddenly it was.
Let's get specific. Here are the most common reasons marketing fails, and none of them are your fault.
Ask most founders, "Who's your ideal customer?" and you'll get an answer like:
"Healthcare organizations"
"Mid-market companies"
"Purpose-driven businesses"
That's not an ICP. That's a category.
A real ICP is specific:
What's their revenue range?
How many employees?
What's their current marketing maturity?
What problem are they trying to solve right now?
Who makes the buying decision?
What does their buying process look like?
Without this clarity, every marketing decision is a guess. You're targeting everyone, which means you're resonating with no one.
Why it's not your fault: No one teaches founders how to build an ICP. You figure it out through trial and error, which is expensive.
Even if you know who you're selling to, can you clearly articulate why they should buy from you instead of a competitor?
Most founders say something like:
"We provide better service"
"Our solution is more comprehensive"
"We really care about our customers"
"We are revolutionizing healthcare"
Your competitors are saying the exact same thing.
Strong positioning answers three questions:
What makes you different? (Not better; different.)
Can you prove it? (With specifics, not claims.)
Does it matter to your ICP? (Differentiation only works if it solves a problem they actually have.)
Without clear positioning, your marketing sounds generic. Prospects can't tell why you're the right choice. So they default to price, timeline, or whoever they heard of first.
Why it's not your fault: Positioning is hard. It requires saying no to opportunities, narrowing your focus, and taking a stand. That feels risky when you're trying to grow.
Your website talks about features. Your sales team emphasizes outcomes. Your LinkedIn posts focus on thought leadership. Your ads highlight discounts or urgency.
Every channel tells a slightly different story because no one has defined what the core message should be.
The result? Prospects are confused. And confused buyers don't buy.
Strong marketing requires message consistency across every touchpoint–website, sales conversations, email, ads, social, events. When a prospect hears the same core message multiple times in different contexts, trust builds.
Why it's not your fault: You hired different people and agencies to handle different channels, and no one was responsible for ensuring message alignment.
Your marketing reports show:
Website traffic is up 30%
Email open rates are solid
Social media engagement is growing
Blog posts are getting published consistently
Great. But how many of those activities turned into deals?
Most marketing teams (especially junior ones) default to measuring activity because it's easier. They can control blog posts published and social impressions. They can't control revenue.
But if marketing isn't connected to revenue, it's not marketing; it's content creation.
Why it's not your fault: Connecting marketing to revenue requires systems, attribution models, and strategic thinking. Your junior marketer wasn't hired for that. Your agency isn't incentivized to do it.
Here's the most common scenario I see:
You have a Marketing Coordinator managing execution. You have freelancers or agencies handling specific channels. You jump in occasionally to make big decisions or approve campaigns.
But no one is thinking holistically about:
How all the pieces fit together
Which channels actually drive pipeline
What the strategy should be for the next 6-12 months
How marketing and sales should work together
Without someone owning the strategy, marketing becomes a series of disconnected experiments. Some work. Some don't. But you can't tell which is which because there's no framework for evaluation.
Why it's not your fault: You're running a business. Strategic marketing leadership isn't your job, but you haven't hired anyone to do it yet.
If your marketing isn't working, here's what needs to change:
Before you spend another dollar on ads, content, or tools, get clear on:
Your ICP (and personas): Who are you actually selling to? Be specific.
Your positioning: Why should they buy from you? What's different and provable?
Your messaging: What's the core message that should appear everywhere?
This isn't sexy work. It doesn't produce immediate results. But without it, everything else is guesswork.
Once you have the foundation, every tactic should map to a strategic goal:
Goal: Generate qualified leads from mid-market healthcare organizations
Tactics: LinkedIn ads targeting specific titles, content about healthcare-specific pain points, SEO for high-intent keywords
Goal: Nurture existing prospects who aren't ready to buy yet
Tactics: Email nurture sequences, case studies, thought leadership content
Stop doing tactics because "we should be on LinkedIn" or "everyone's doing video now." Start doing tactics because they serve a strategic goal.
Track metrics that connect to revenue:
Lead volume (but only qualified leads based on your ICP)
Conversion rates at each stage of the funnel
Customer acquisition cost (CAC) by channel
Pipeline contribution from marketing
Win rates for marketing-sourced deals
Activity metrics (traffic, opens, impressions) are good to track, but they're not the goal. Revenue is the goal.
Someone needs to own the marketing strategy, make decisions, connect activities to outcomes, and coach your team.
This doesn't have to be a $250K+ full-time CMO. But it has to be someone with senior-level experience who can think strategically and lead.
For most companies in the $3M-$35M range, fractional leadership is the right answer. You get the expertise you need without the full-time commitment or cost.
If you're reading this and thinking, "This sounds like a lot of work," you're right. It is.
Building a real marketing function is hard. It requires:
Saying no to tactics that don't serve the strategy
Getting clear on who you're for (and who you're not for)
Investing time and money into things that don't produce immediate results
Hiring or bringing in people who can think strategically
But here's the alternative: You keep spending $100K+ annually on marketing that doesn't work. Your competitors build real marketing functions and pull ahead. Revenue plateaus. Your board starts asking harder questions.
The work is hard either way. You can do the hard work of building a foundation now, or you can do the hard work of explaining to investors why growth stalled.
The good news is that once you have the foundation in place, marketing gets easier.
You stop wasting money on tactics that don't work. Your team has clarity about what to do and why. Your messaging resonates because it's actually speaking to your ICP. Revenue becomes more predictable.
And you stop feeling like marketing is this mysterious black box that eats budget without producing results.
If your marketing isn't working, start here:
Audit what you have. Do you have a clear ICP? Strong positioning? Consistent messaging? If not, that's your starting point.
Stop adding more tactics. Resist the urge to try new channels or tools until you have the foundation in place.
Bring in strategic help. Whether that's fractional leadership, a full-time hire, or a consultant who can help you build the foundation, get someone who's done this before.
If you're a healthcare or purpose-driven business founder in the $3M-$35M range and this resonates, let's talk. I work with companies who are ready to move beyond random tactics and build marketing that actually drives revenue.