How much money do digital marketing agencies make?

Question

Could someone tell me how much do digital marketing agencies make?

Answer 1

Well, how much do digital marketing agencies make? It depends on a lot of factors. Such as the corporation or the company that hired the agency, scale of their work, will they have to take care of every marketing the need of the company or just a product or service line-up, which platforms to target, which social media to influence customers, and which demography are they targeting, the expenditure, quality, and time frame for marketing, etc. these factors are calculated for deciding how much should the agency be paid.

If the agency is being hired by a small company for let’s say $4000, and after the expense, you have a profit of $1000-$2000, then if you are hired by 10 similar-sized companies, then the profit margin becomes $40,000. Parallelly if you are hired by a big company, then you might be paid upwards of $15,000 per month. That makes them earn around $500,000 per annum.

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