Charging digital marketing clients

[money2money]

Hello,


For long time I was was working with my own digital projects, e-commerce and now I have really great skills in digital marketing.

Now one businessman who has a lot of Jewellery physical stores is asking me to take care of hes business in internet - To build e-commerce project and take care of full digital marketing for him.

I'm interested in fixed price + revenue share for this project because I have to build it from zero.

What fixed price + revenue share percentage I should charge him? Maybe you guyd can share your fixed prices and revenue share models? Any tips?

 

[Couch Monkey Media]

Figure up how much time you are going to spend on the marketing side each month. I would have quoted something like 1500 to 2500 per month plus 1 to 5% of all sales that come in online.

 

[tazarbm]

depends on the profits he's making and on what the salary of a digital marketer in your local area is. Know the average salary of a digital marketer in your local area, add 10% more to the fixed price, and about 1-2% commission on the online sales. If you're doing a good job at making him constant online sales you will both be happy with the deal

 

[money2money]

Thank you guys.

For begining I think I will stay for fixed charge +5% of online sales.

 

[G]

Contract for one year?

 

[money2money]

@DD99
Yes I think so. Bad idea?

 

[Copax]

@DD99
Yes I think so. Bad idea?

Has your client not outlined how long he would like to employ you for? Is this more of a rolling contract?

 

[money2money]

Has your client not outlined how long he would like to employ you for? Is this more of a rolling contract?

Yes it is more rolling contract without any start and ending dates.

 

[jstover77]

If you are going to do a revenue share, make sure you have a solid contract in place. I would also have a lawyer look over the agreement to protect yourself. You also want to makes sure he can't just block you off from the websites, Analytics, etc... I've done revenue shares quite a few times and they rarely have worked out. One of those times I had to sue the other party and no one ever wins in that situation. At this point, I either charge them my normal fees for the marketing, or I take some kind of ownership in the project. Just my 2 cents.