How much should you pay someone who manages social media?

Or, for a freelancer to manage your social media, you'll pay between $285 to $795, depending on how many posts and channels you want covered. The end price will always be tailored to what exactly you need. We've used data from the tail end of 2022 to guide you about costs in 2023.

expertmarket.com - Social Media Management Pricing: What Are the Costs in 2023?

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How Much Does Social Media Marketing Cost?

You have two options here. You can either work with a social media management company, which typically charge monthly, or you can hire a freelancer, who usually charge by the hour. Below, we outline the average cost of both options.

Social Media Marketing Company Costs

The services of a social media marketing firm can come in anywhere between $50-$300 per hour depending on the breadth of services you're looking for. Taking digital marketing firm BrandLyft for an example. They've received five-star customer reviews from the majority of their clients. Let's look at some quick-fire stats from Clutch.co:

Hourly charge: $50-$99

Client focus: 80% small business (<$10M)

Cost of a four-month advertising and marketing project in 2021: $10,000-$49,999

Cost of a five-month digital marketing project including social media in 2021: <$10,000 Pricing may not always be on an hourly or per-project basis. Some social media marketing companies offer monthly price packages for a standard set of service. This can take a weight off your shoulders as you can easily plan month-to-month budgets this way. Here are some examples of the lowest monthly costs for social media marketing companies we've found to be high quality: Social High Rise responds to customer reviews and increases local search traffic: $249

Authentic Agency creates and publishes social media ads: $1,497

Social Media Marketing Freelancer Costs

These days it's easy to find peer-reviewed social media managers offering freelance services through platforms like UpWork and Fiverr. In researching these prices, we included top-rated and vetted freelance professionals endorsed by their respective platforms as reliable for quality and punctuality. You can always find someone willing to do the work for less money, but buyer beware of poor quality marketing which could actually harm your business rather than enhance it. Here's an idea of standard costs of custom social media post creation (including research and creative content production): Four social media posts with relevant hashtags and captions over two channels: $285

10 social media posts across two channels: $395

20 posts across three social media accounts: $595

30 posts across four social media accounts: $795

[Prices correct as of November 2022]

Agencies like MarketerHire or Virtual Employee offer an even more thorough level of vetting and will match you to a specific pool of professionals according to your business' needs. Alternatively, you can access Expert Market's trusted supplier network if you provide us with a couple of basic details about your social media marketing.

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This paper is aimed to present a fuzzy decision-making approach for prioritizing effective 7Ms to improve production systems performance. In this research systematic approach has been used for organization and production system inputs which named as 7Ms (Management, Manpower, Marketing, Method, Machine, Material, and Money). Linguistic values are used to assess the ratings and weights for 7Ms. These linguistic ratings can be expressed in trapezoidal or triangular fuzzy numbers. Then, a hierarchy multiple criteria decision-making (MCDM) model based on fuzzy-sets theory including FAHP and FTOPSIS are applied. The results obtained from AHP, FAHP; FTOPSIS were compared with each other. This research has been conducted on a manufacturing plant however the results can also be used for other types of organizations that are located in a competitive environment.

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