What to charge for Social Media consultations?

Last week I had a meeting with a local marketer who is getting so many clients that he's spread out thin. He wants to focus on sales and web design and refer his clients to me for social media consultations.

This is a GREAT opportunity for me being that NONE of the other marketing companies are doing this. They just create static websites that aren't interactive with FB, Twit, etc... Together with my newly found partnership, we could STOMP the competition.

The problem is, I don't know what to charge. And do I charge by the hour or a one time fee? Being in the midwest, the cost of living is a bit cheaper, so I don't expect to be able to charge what someone doing the same thing in NYC would charge.

I meet back with him this week to discuss this very thing.

Any ideas? Is anyone here doing this already?

Thanks!

What you'll charge will depend on what you offer. Without knowing what kind of "packages" you are going to offer it's hard to say what you should charge.

Congrats on the potential referrals your way.

You have to work out your own prices and package. Dont set your prices too low, be creative with your marketing and make lots of money.

Check out the "let's get social" course by Ryan Deiss in the download section, over there they cover what packages you can offer and what prices you can charge...

wookie85 said:

Check out the "let's get social" course by Ryan Deiss in the download section, over there they cover what packages you can offer and what prices you can charge...

Click to expand...

Your reply was the most relevant to my question, therefore the "thanks". Ideas was what I was looking for including what I should offer and what to price them.

I've started to watch the videos. Great info, BUT... a lot of these clients will be doing their own social media management... they just need a few hours of consultation to get them in the right direction. Do these videos cover that too? Or are they just about managing the social profiles FOR the client? Wouldn't that affect what you're charging the client?

Either way, this "Lets Get Social" course has given me another option to present to the clients. Great for inspiring ideas to apply to my coming venture.