How much should you spend on social media marketing?
The amount you spend on social media depends on a number of factors, such as the number of platforms you use, the paid ads you create, and whether you choose to outsource your social media marketing.
On average, companies that outsource their social media marketing spend $200 - $350 per day. This equates to $4,000 - $7,000 per month or $48,000 - $84,000 each year.
In 2016, companies spent an average of 11.7% of their total marketing budgets on social media.
Ultimately, you must choose a budget that fits the needs and goals of your business. WebFX offers affordable social media plans to help you manage and optimize your social presence to reach more customers and earn more revenue online.
A wide array of services are included with each social media pricing level that WebFX offers.
We'll work with you to review your goals, your marketing budget, and your industry to determine the best social media pricing marketing package for you. That way, we can make sure we're offering social media management packages that match up with your needs at a price that works for your company.
If you have never used social media before, you may want to start with our basic plan.
WebFX will create a Facebook page for business for you, optimize it for likes and maximum engagement, and install any Facebook apps that you would like. We will post three weekly updates and set up an advertising campaign. This affordable social media pricing level is perfect for small businesses who are new to the world of social interaction.
If you have a larger business and you're serious about social media, our aggressive or market leader social media marketing pricing packages are right for you.
With these plans, we will create profiles on additional social media channels, like Twitter, Pinterest, LinkedIn, and many more. WebFX’s dedicated team of social media strategists will post content for you on a daily basis. They'll likely use a social media content calendar to help them keep track of exactly when they need to post.
When you’re thinking about outsourcing your social media marketing or advertising efforts, you’re bound to have questions about social media pricing. That’s why we’ve compiled this FAQ on social media costs. Check it out to get started!
1. How much does social media marketing cost?
The average cost for outsourcing a social media marketing campaign is $900 to $7000 per month. Social media marketing pricing generally includes campaign development and full-time management for one to five social media networks.
2. How much does social media advertising cost?
The average cost for outsourcing a social media advertising campaign is $450 to $6000 per month, with monthly ad spends ranging from $200 to $50,000 or more. Your social media advertising costs will depend on several factors, like your business size, strategy, and budget.
3. How much does social media management cost?
The average cost of outsourcingsocial media management is $900 to $20,000 per month. Social media management services usually include developing and managing your company’s social media marketing and advertising strategy on one to five social networks.
If you’re requesting custom social media pricing from agencies, it’s essential to confirm that their marketing and advertising services for social media include the features and platforms you need and want.
For example, if you want to take a hands-off approach to managing your social media advertising and marketing campaigns, then it’s essential to partner with an agency that offers a turn-key solution: strategy development, launch, and management.
If you have additional questions about social media management pricing, contact us online for help!
What does WebFX base its social media marketing pricing on?
Unlike other forms of Internet marketing, social media should focus on providing valuable content to your target audience that moves them to recommend your site to others. Viral word-of-mouth is the goal.
WebFX has found the social-media-visitor-to-subscriber conversion method to be the most cost-effective way to take advantage of the massive social media traffic potential.
Our social media management pricing packages are based on the many different approaches we use to do just that. From Twitter and Facebook to online contests, WebFX's social media pricing is based on all the different strategies we use to create an effective online presence for your company.
Altogether, our social media prices are based on what we provide for your business and how well your campaign performs.
Even though it can be tempting to go with a cheaper social media campaign, cheaper rarely means better. For example, if an agency promises social media plans for $99 per month, they probably lack the tools and experience needed to help you get the best possible ROI for your social campaigns.
WebFX is a leader in social media marketing
As one of the top social media firms in the industry, WebFX can help you establish, grow, and maintain your company's interactions with customers online.
We have a variety social marketing bundles, so you can find the social media marketing package that works best for your needs. When you partner with us, we don't give you a generic, cookie-cutter solution for your company's needs — we make sure you get the social media services that works for you.
In addition, we believe that transparency helps create and nurture our relationships with clients. That's why you can find our social media pricing and rates for our social media consulting services right on the page.
We want you to know exactly what you get for your social media price, and we want to make sure you get the most value out of your spending as possible. When you know what you're buying, you can feel more confident when you spend — and we want our clients to be comfortable with us while knowing all of our social media marketing pricing.
WebFX, a leading social media firm, knows exactly what it takes to create an online buzz by reaching your audience with a systematic social media strategy. WebFX can help you:
- Establish a social presence through top social media channels and networks
- Actively engage with users to foster new relationships that compel them to purchase, and move them to recommend your site to others
- Craft valuable content to meet your needs and expectations with an effective social media pricing plan
Good agencies have more than 50 testimonials.
Great agencies have more than 100 testimonials.
WebFX has over 775+ glowing client testimonials.
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What’s the next step?
When you partner with WebFX, we focus on reaching your goals and driving revenue for your company through successful social media management. To date, we've driven over $1 billion in sales and more than 3 million leads for our clients.
Whether you want to establish a more influential presence on social media, engage more effectively with customers, create helpful content, or move more customers to your site, we're the agency for you!
We've worked with over a dozen different industries, and we have the experience and knowledge you seek.
If you want to experience the benefits of social media, contact our dedicated team or call us at 888-601-5359 to get a free quote and learn more about how social media can have a positive impact on your business!