How much should I charge as a sales consultant?

How much should I charge as a sales consultant?

In general, the benchmark fee of a consultant is based on his/her level of experience. The current standard for top consultant agencies are: $250-$400 hourly rates for Pre-MBA consultants. $400-$600 hourly rates for Post-MBA consultants.

How much do sales consultants get paid?

What Is The Average Sales Consultant Salary? The average sales consultant salary is $62,251 per year, or $29.93 per hour, in the United States. People on the lower end of that spectrum, the bottom 10% to be exact, make roughly $36,000 a year, while the top 10% makes $106,000.

How do you calculate consulting rates?

To calculate your hourly consulting rate:

1. Determine what salary you’d like to make.
2. Take that number and divide it by 52 (number of working weeks), then again by 40 (number of hours each week).
3. Take that number and mark it up by 25% to 50%.

How much should you pay for marketing?

The U.S. Small Business Administration recommends spending 7 to 8 percent of your gross revenue for marketing and advertising if you’re doing less than $5 million a year in sales and your net profit margin—after all expenses—is in the 10 percent to 12 percent range.

How much should I charge for marketing strategy?

The industry average varies from $10,000 to $40,000+. At LAIRE, the average cost of a marketing plan is between $10,000-$15,000. At the high-end, you can expect your marketing plan to be almost as long as a business plan, complete with: A detailed competitive analysis.

How much do Best Buy sales consultants make?

The typical Best Buy Retail Sales Consultant salary is $12 per hour. Retail Sales Consultant salaries at Best Buy can range from $9 – $17 per hour.

Do sales consultants earn commission?

Generally, a sales consultant is responsible for contacting potential customers, sometimes through cold-calling, and for helping them understand the company’s products. Often, consultants are paid on a commission basis, so it is in their best interests to promote the company’s products as well as possible.

How do you bill as a consultant?

How to Invoice as a Consultant

1. Track Your Hours. It’s common in the consulting industry for businesses to charge clients by the hour.
2. Include A Header.
3. Add Your Client’s Contact Details.
4. Include The Invoice Date.
5. Number Your Invoices.
6. Clearly List Your Services.
7. State Your Payment Terms.
8. List the Payment Due Date.