Looking for info on social media consulting fees?

Piggy savings bankIf you’re working on your social media budget for 2011, and looking for information on social media consulting fees, Mack Collier has a good updated list of  what social media consultants charge for various services.

For example:

- Comprehensive Social Media Strategy Creation, assuming limited outsourcing of content creation and/or ongoing training –$3,000-$15,000 a month for 4-12 months

Most Charge – $3,000-$6,000 a month

- Audit of existing Social Media Strategy Including Recommendations for Improvement – $2,000-$10,000

Most Charge – $2,000-$5,000

- Launch a new presence on Twitter and then provide ongoing training for company – $1,000-$6,000 a month

Most Charge – $1,000-$3,000 a month

- Restructure an existing blog to improve your efforts – $1,000-$5,000 a month for 3-6 months

Most Charge – $2,000-$4,000 a month for 3-6 months

Check out Mack’s post for a comprehensive list; this is just a sampler.  If you are wondering what our SocialFish fees are in comparison to this (we’re in line with the average), here they are.  Our speaking fees are listed here.

BONUS: Here’s a comparison view on social media budgeting from the corporate world:  Spend Wisely. Finally, an Investment Roadmap for Social Business Buyers (Altimeter Report) (with nice jargon translation from Mashable).

{ 3 comments }

Lisa Douglas March 2, 2011 at 8:59 am

Good read! How about to set up a FB fan page? …and manage it?

Michael Zipursky August 8, 2011 at 1:42 pm

Maddie, nice post! I just created a free online consulting fees calculator that your readers might enjoy:

http://www.consulting-business.com/consulting-fees-calculator.html

Greensboro, NC October 21, 2011 at 6:09 pm

I had no idea I can see why social media consulting rates are priced as high as they are running a successful social media campaign and haveing a social strategy is hard work and imperative for any business that is online.
Great post

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