How Much is Standard Payment for Marketing Consulting? I Will be Running the Marketing for Startup.?
The fact that this is a startup may have a great deal to do with your compensation.
In many startups, the firm has limited cash, and your contribution may not be compensated as well as if you were working for a more established business.
The consulting fees mentioned ($60-$200 per hour) are high for two reasons: 1. the level of knowledge/experience of the consultant is high, and 2. the consulting has a business overhead that accounts for perhaps 75% of the gross income.
If you are fairly inexperienced in consulting (by asking this question, that is the assumption I make), and if you do NOT have a consulting business with overhead, then a more legitimate fee to charge is in the range of $20-$35 per hour. (You are a novice consultant, and you will be getting ALL of the money for yourself, not having to pay overhead costs.)
If you pitch a $200 per hour fee to a startup, you will likely be turned down.
The best bet is to use this opportunity as a learning experience, as well as something that you can add to your resume.
Good luck.
Readers who read this post also like these Related posts:
- How Much to Charge for Freelance Copywriting? i have an year's experience in one of the worlds best ad agency. .how...
- How is Direct Marketing Different From the Other Strategic Disciplines? That is Advertising, PR, Sales, Etc? With Direct Marketing, the idea is to build a pyramid. The main objective is...
- Is There a Market for Life Settlement Consulting? I have a great deal of experience in this industry but since it is...
- What Do You Charge Or Pay for Marketing Consulting? How did you determine your rates/fees for consulting? Of if you've worked with a...
Between 60$ and 200$/hour.
References :
The fact that this is a startup may have a great deal to do with your compensation.
In many startups, the firm has limited cash, and your contribution may not be compensated as well as if you were working for a more established business.
The consulting fees mentioned ($60-$200 per hour) are high for two reasons: 1. the level of knowledge/experience of the consultant is high, and 2. the consulting has a business overhead that accounts for perhaps 75% of the gross income.
If you are fairly inexperienced in consulting (by asking this question, that is the assumption I make), and if you do NOT have a consulting business with overhead, then a more legitimate fee to charge is in the range of $20-$35 per hour. (You are a novice consultant, and you will be getting ALL of the money for yourself, not having to pay overhead costs.)
If you pitch a $200 per hour fee to a startup, you will likely be turned down.
The best bet is to use this opportunity as a learning experience, as well as something that you can add to your resume.
Good luck.
References :
International business consultant.
Check out ( http://www.salesandmarketinghelp.com )
That site has a lot of great info and good ideas.
References :