Resellers Guide to Social Media Management Pricing Structure

The business of reselling is fast becoming a widely preferred business model among entrepreneurs. Reselling offers many entrepreneurs the opportunity to start off their dream businesses with little investment and risks when compared to starting from scratch.

One of the very popular niches in the reselling business today is the social media management reselling business. Let’s face it; virtually all businesses today need social media to survive. Many businesses are aware of this and which is why they invest in making sure that their social media activities are highly effective.

Due to the time demands and technicality of effective social media for businesses, a lot of businesses have to depend on a social media management company to take care of all their social media activities. Due to the huge demand for social media management, many entrepreneurs are taking advantage of this opportunity to establish their social media management agencies. One of the easiest ways to start off your own social media management agency is by becoming a reseller.

social media management pricing structure, social media management rates,

What Is Social Media Management Reselling All About?

Social media management reselling is a type of social media management business in which an established social media management company, lets an entrepreneur or another company to resell their services using a different brand name. The reseller therefore positions themselves as a different brand selling the same services as the host company.

7 Benefits Of Starting A Social Media Management Reselling Agency

Starting a reseller social media management business is very beneficial for many reasons and some of them are:

· Saves time that would have gone into starting a new business

· Saves resources

· Less risk involved when compared to starting a new business

· Existing customer base

· Easy market entry

· Enjoy host company benefits

· Existing marketing structure

Guide to Pricing Structure In Social Media Management

Given the many benefits of social media management reselling, I bet you’re excited and can’t wait to get started. However, one extremely vital step to building a successful social media management reseller company is getting your social media management pricing structure right.

The social media management rate offered to you by your intending host company goes a long way in determining if you’ll make any profit off your new reseller social media management business. In this article, I’ll be showing your some great tips to get your social media management pricing structure just right.

Tips For Pricing Your Social Media Management Reseller Agency

One of the greatest secrets to business success is getting your pricing right. Getting your social media management pricing structure wrong will definitely create problems that could cost you your business. So here are some great tips to get you started on the right foot:

State Your Business Goals Clearly

Different people go into business for different reasons. Understanding the reason you’re going into social media management will help you establish a good social media management pricing structure. By establishing clear business goals, you’d understand how much resources your business needs to run effectively and how you can maximize cost to ensure that your services are still reasonably priced.

If you don’t understand your business goals, you stand the risk of either overpricing or underpricing your social media management services. Clear business goals will help you establish what would be a fair pricing structure for both you and your customers.

social media management pricing structure, social media management rates,

Know Your Target Market

Market research is a huge part of doing business successfully for many reasons. One of these reasons is that market research helps you understand your target market. The bottom-line is that no matter how awesome your social media management services are, people will not buy from you except you’re meeting their needs in some way.

Knowing your target audience through market research will help you understand the needs and spending habits of your target audience. This knowledge will help you establish a social media management pricing structure that is just perfect for them.

Survey The Competition

Knowing your competition is another major pillar of business effectiveness. You possibly can’t expect your target audience to buy from you if the competition is offering the same quality of services at much cheaper rates than you’re offering them. Comparing your social media management services to what is achievable in the market will help you gauge which social media management pricing structure best suits the value you’re offering.

Get Clear About Your Profit Margin

One vital tip for getting your social media management pricing structure right is having a revenue target. At the end of the day, nothing kills a business faster than the feeling that you’re not making enough. So before offering reseller social media management services, you have to establish a realistic and fair profit expectation after taking into consideration factors like original cost of services, marketing and running the business overall.

Watch Out For the Perfect Social Media Management Reseller Opportunities

The cost of production in a business is probably the most significant determinant of how much profit that business will produce. So as an intending social media management reseller, you have to watch out for host companies that offer quality but affordable social media management pricing.

A great example of this is the resellers’ social media management pricing structure at 99DollarSocial. This pricing structure is probably one of the most affordable out there and gives any social media management reseller the flexibility of establishing their own pricing structure and making very high returns.

Take a look!

99DollarSocial Social Media Management Pricing Structure for Resellers

Most Affordable $99

  • Daily Posts to Facebook
  • Daily Posts to Twitter
  • Custom Tailored Content
  • Regular Brand Promotion
  • Careful Content Curation

Best Value$297

  • Daily Posts to Facebook
  • Daily Posts to Twitter
  • Custom Tailored Content
  • Regular Brand Promotion
  • Careful Content Curation
  • Facebook Ads ($25 budget)
  • FB Like Boost ($25 budget)
  • LinkedIn, Pinterest, or G+ Posts (choose one)

Enterprise Level $497

  • 2x Daily Posts to Facebook
  • 2x Daily Posts to Twitter
  • Custom Tailored Content
  • Regular Brand Promotion
  • Careful Content Curation
  • Facebook Ads ($35 budget)
  • FB Like Boost ($35 budget)
  • 2x LinkedIn, Pinterest, and Google+ Posts
  • 5x Weekly Instagram Posts
  • Monthly Blog Post
  • 800 Targeted Twitter Follows / Month

Given an affordable structure as these, you can get as high as 100% returns on investment! You can find out more about becoming a social media management reseller of 99DollarSocial social media management services here.

With the tips outlined in this article, you’re well on your way to starting a highly successful social media management reselling business with a social media management pricing structure that is both fair and profitable.

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