Home Freelancers How Much Freelance Social Media Manager Rates ?

How Much Freelance Social Media Manager Rates ?

Working as a freelance social media manager might give you a lot of flexibility. Fortunately, you can manage your social media accounts from anywhere as long as you have access to a good Wi-Fi connection. You can also set your own freelance social media manager rates. It will confusing at the first time. But we will give you guidance how to set the rate.

If you already have some expertise, becoming a freelancer is a short and simple process. (Continue reading to learn how to get started in only four steps.)

We’ve defined the pricing, best practices, and important requirements of the role below, whether you’re an established social media manager trying to become a freelancer or a business looking to hire one.

Freelance Social Media Manager Rates

Setting prices can be one of the most difficult challenges for a social media freelancer to overcome. Please keep in mind that these are just starting points and should be reinforced with your own research on freelance rates in your area and within your field.

You can also set up rate by outlining the scope of work. For this you can asking your clients questions such as:

  • What kind of social media work are you interested in?
  • What do you hope to achieve with social media?
  • How will we determine success? What are the most important social media KPIs?
  • How much money do you have set out for organic and paid social media tactics?

Freelance social media managers rates  are typically based on years of experience:

  • Junior (0–2 years): $20–30 per hour
  • Mid-level (3-5 years of experience): $40-75/hr
  • Seniors (ages 5-8): $80-100/hr
  • Expert (10 years or more): $100-250/h

One method for calculating your freelance rate is to multiply your previous hourly wage as a salaried employee by 50%. A freelance rate calculator is another option.

Remember that as a freelancer, your fee must cover your overhead costs (business registration, taxes, supplies & expenditures, etc.) and that the customer is not providing you with the stability or benefits of a permanent contract.

You must also decide if you will charge an hourly rate, a monthly retainer, or another structure based on the scope of work (i.e. percent of revenue per lead generated). Monthly retainers are ideal for long-term projects since they save you a significant amount of time that would otherwise be spent on time tracking.

However, if the project will necessitate erratic or changeable hours, an hourly rate will be more advantageous to you as a freelancer. You can combine the two: a monthly retainer covering a set of.

Source : Hootsuite

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About Skyhigh.Vip

Skyhigh.Vip is a global institutional investor with a vast interest in Arts / Construction / Education / Business Services / E-Sports and various other growth industries.

Several of its popular portfolios include GO Chambers which is the world’s largest business chamber listing provider with over 30,000 active chambers as its members.

Flexgigzz is the Asia leading marketplace for freelancers service and together with SOHO Learning Hub which is an online platform for short courses and both of them aims to be the number one provider in Asia. For growth industries such as E-Sport Authority which is dedicated to providing independent media coverage to all E-Sport News related from around the world and for the art world.

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