Here is the breakdown of reported hourly rates worldwide for digital marketing consultants: Here is the breakdown of reported hourly rates for US-based digital marketing consultants: Here are the consultant rates (worldwide) by years doing marketing: Not surprisingly, the more senior someone gets the more they tend to charge. There are no consultants in our dataset with less than 3 years of experience charging more than $200 per hour; Most consultants with 10+ years of experience are charging more than $100, though there are a set charging $51-100 per hour. Consultants are investing similar amounts into their marketing in both years. Marketing consultants may specialize in niche industries — such as nonprofits or technology — or may work with a broad range of business clients. Here’s what the hourly rates are for 8 prominent industries: Now let’s look at digital marketing consultant project minimums. Solution: Created detailed strategic recommendations and implementation track: Create the Vocabulary, 2. List legal parameters of your company that the marketing consultant needs to know about, assets to be used, brand guidelines, and the call to action. The first table below provides contractor rate benchmarking and summary statistics including a comparison to same period in the previous 2 years. The national average cost for social media marketing services is $547 per project, while hourly rates can range anywhere from under $75 to over $200 per hour, depending on the company or the … This chapter covers the average hourly rates for marketing consultants across various channels. (EmailToolTester, 2019) A marketing consultant can analyze your organization’s current marketing efforts and target strategic areas for growth and greater impact, such as branding and rebranding, online and offline marketing and sales strategy, overall strategy and planning, and more. The fee rates in this Guide were developed following the following points of departure: ü Financial basis. Monday-Friday 9a-5p MT Figure out your new consulting hourly rate by tripling this number. Challenge: Create equity and competitive advantage in medical device market through an existing "developmental care" service concept. The average hourly rate for US-only digital marketing consultants is $161.57. The rates for Facebook advertising agencies and consultants from the digital marketing industry pricing survey. A consultant helps create a detailed marketing plan, determine a business's marketing message, and identify the appropriate marketing mix to get the message out to the target market. James L. Torti, Ph.D, in Carlsbad, California, says he works directly with new business owners, founders, C-level management and other key stakeholders to set overarching strategies, brand architecture, and sales and service integration. (OC&C Strategy Consultants, 2017) ... 2019) Email marketing has the highest return on investment for small businesses. Companies often hire marketing consultants to help them overhaul an existing brand or launch a new marketing campaign. As you will see below, the takeaways for this section are: 41.25% of worldwide consultants charge less than $100 per hour; For more information on the consulting industry please see our Consulting Industry Guide. Scope: Conducted international research and planned implementation of project across six European countries and the U.S., which generated over 100 interviews with clients, stakeholders and customers. Market Size & Industry Statistics. How Much Should I Charge As A Consultant In Australia? Pricing for retained, fixed project fee engagement. ... Ben is a freelance digital marketing and social media consultant. The average hourly rate for digital marketing consultants worldwide is $140.29 per hour. The survey had 104 solo consultant respondents worldwide, with 55 in the US and the rest spread around the world. The marketing consultant hourly rate is a bit higher at $50.45. Visit PayScale to research marketing consultant salaries by city, experience, skill, employer and more. As a consultant, James L. Torti generally works with startups and small to medium-sized companies, although he has experience with larger businesses. This is their central focus area, named the … A common question that pops up for B2B SaaS Marketing VPs is what are "good conversion rates" for the various stages of the funnel.. Here’s how to judge your minimum consulting billing rate. The first table below provides contractor rate benchmarking and summary statistics including a comparison to same period in the previous 2 years. Note that daily and hourly rates are treated separately in these statistics. Since 2013, we have helped thousands of businesses find the right marketing partner. 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