We offer two models for pricing
Many Shopify business owners and entrepreneurs struggle when it comes to setting up profitable ads on social media platforms like Facebook, and Instagram.
After diving in, full of optimism, and spending their budget, they think ‘well, maybe social media just doesn’t work for my type of business’.
We’re here to help.
As a Shopify Partner, it’s our goal to help you get the best out of the platform and attracting customers in a profitable way is absolutely key to that.
We offer two models for pricing for ongoing monthly management of your Facebook and Instagram accounts.
Number 1 – Percentage of ad spend
We like to keep this nice and simple, so we have three levels of spend, up to $20,000, from $20,000 to $50,000 and from $50,000 to $100,000.
The levels of spend and the percentage of ad spend we charge per month are below:
- Up to $20,000 in spend per month – 20% of the ad spend or $1,500 (whichever is greater)
- $20,000 to $50,000 per month – 15% of ad spend
- Over $50,000 to $100,000 – 12.5% of ad spend
This makes it easy for you to calculate how much you would have paid us to manage your social media over the past period. Just take a look at what you spent, and then apply the percentages detailed above.
Number 2 – Revenue Share Model
This model means that you pay us a percentage of revenue, but only if we’re able to increase your company’s revenue from your existing levels. This means that you greatly reduce the amount of risk in hiring a social media agency as if we don’t perform, you don’t owe us anything.
A revenue share model is only suitable for some businesses for a few reasons. It depends on a lot of transparency – we have to have a way to access your revenue figures (such as through Shopify) to verify them. It also requires a long-term mindset – when we accept a partner on a revenue share model, the hope is that we’ll still be working together in 5-10 years time.
Please be advised, we turn down far more businesses for this than we accept – currently we are only working with two businesses with this payment structure.
Great, so what should I do next?
If you have any questions about whether our social media management service might be right for you, then just get in touch!
You can do so via the Contact Us page or by emailing nelson@theecommerceprofits.com