Hi ... I am thinking of starting a consulting business to help local businesses set up Google Adwords/PPC campaigns to tap into the internet. Assuming the online business have a $5,000 monthly budget to spend on PPC, how do most consultants charge for their service. Is there a standard practice in terms of percentages or fees? If you are a PPC consultant , some tips will be most appreciated. Cheers!
Well I am not a professional YET,but I was also thinking about doing this in the near future,need more experience.... For managing others people PPC campaigns,without any consulting,you can charge anywhere from 10%-20% off the ad spend,that is some kind off an industry standard. As for the consulting it depends on you and your prospect's pocket.
Yeah,I know. I don't know why I written 10%-20% of the profit. Sorry for the wrong info. EDIT:fixed it.
Talk to your competitors. Pretend you are a potential customer, and ask what their rates are. Then undercut them by a certain percentage.