It is interesting Sunday afternoon, I’m sitting her just getting over a cold while searching for contracts and something hit me, “What is the going rate for a Social Media Consultant”?
Sorry everyone for the recent posts on courses, sales posts and these business inquiry posts. Like I said before I’m rebuilding my business and would really appreciate your help. Starting on Monday I will be doing more educational posts, just need your help to figure some things out. It’s better to work with a team vs. alone 🙂
Interesting question because there are so many factors to consider like:
- My cost to be a Social Media Consultant
- Managing my rate so that it covers my business and personal expenses.
- Not charging to much so people don’t want to work with me
- Not charging to little that people don’t respect the value.
I did a post early called “The Truth about Business” where in the post I talked about how to figure out your rates by breaking down your monthly expenses.
I figured out my rate would be $100 per hour which after doing some market research I see there is a sliding scale for Social Media Consultants. The low end is $25 per hour and the high end is $500 per hour what I have seen so far.
The other factor Social Media Consultants have added is a on going maintenance fee to manage their clients Social Networks and help them grow their following. Which the rates I’ve seen are as low as $50 per month up to $5,000 per month which I am sure that’s for larger Corporations.
It’s interesting to see how these rates fluctuate but the service are still pretty much the same which is
- Design, implement and maintain
- Content creation and distribution
- Community relations
- Customer Service
- Crowd Sourcing
- It’s the first
- It’s the best
- or has the WOW factor
- or a combination of any of the 3
If you have ever been cheated on you know the response you receive.
- Women suck!
- I will never get into a committed relationship again
- I will never trust another women again
There is no difference when people work with a bad Social Media consultant.
Here is my question to you readers
- What has your experience been with Social Media Marketing consultants?
- Have you had a bad experience?
- What have you or would you pay to have a REAL consultant work with you and your company?
Love & Chi
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