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What do we think of these Social Media Management prices?
Backstory: I came across this agency (based in Chicago). Here’s a breakdown of their pricing models:
#1: $2,000 per month
Services:
3 posts per week
2 story posts per week
4 hours of community engagement per month#2: $3,000 per month
Services:
4 posts per week
3 story posts per week
8 hours of community engagement per month
1 hour of meeting time per month#3: $4,000 per month
Services:
5 posts per week
5 story posts per week
12 hours of community engagement per month
1 hour of meeting time per month#4: $5,000 per month
Services:
7 posts per week
7 story posts per week
20 hours of community engagement per month
2 hours of meeting time per month
1 TikTok posted per monthIt’s not stated, but I’m assuming these services are for Instagram. Also not stated, is if they are creating the content or being supplied content to schedule/post. And I’m assuming there’s a hashtag strategy, but again, not stated.
My interpretation of “community engagement” is (hopefully) them liking posts and/or viewing IG stories from accounts manually (by hand, no bots) that are strategically picked out based upon a strategy.
Are these prices normal? Obviously experience comes into play, but I haven’t seen prices like this before and I’m in Southern California.
If there are any Social Media Managers in here whether freelance or part of an agency, would love to hear your thoughts!