Loading...
Answers
MenuWhat kind of monthly retainer should I charge for my DFY email marketing for e-commerce services, including setting up the automation and broadcasts?
Answers
The easiest pitch would be to have a base retainer (say 1000$ a month) and then % of revenue increase since the baseline.
It makes it easy for them and is far compelling cause you are now a revenue cost rather than a recurring sunk cost.
The typical ecomm transaction has 10-12% margins? And then CAC etc has to be amortized. So you'll either have to pitch fora tiny sliver of topline or a % of profits - as that also aligns outcomes where the consultant just doesnt run promotions giving away all the margins and think short term.
Given this math, id say 10K a month revenue seems a bit early. Might want to look at ecomm stores that are a bit further along the way, or use pre-recorded content on subscription to tackle this early market (as it potentially) can become your funnel.
From what I've seen from other email consultants, typical rates can range anywhere from $50-$200 an hour which all depends on your experience, where you're located (for example if you're in NYC you can probably charge more than if you're in Savannah, Georgia), and what you can offer. If you're just starting out and need to build up your client base and have no references, I would definitely recommend starting on the lower end and offer your clients the ability to cancel any time with 7-30 days notice if they're not happy with the service. That way you reduce their risk and increase your chances of having them run a test with you.
Related Questions
-
How can I go about finding a business partner for my startup?
Hello! Aside from the typical website platforms, I would recommend using Twitter's hashtags and user handles. Try following and using the ones that your potential prospect or otherwise ideal partners would be following and start sharing about your work, your progress, and outreach for a potential partner. If possible try to be local when doing so. But obviously, some to use include Startups.co, Basecamp, Inc 500, yesPHX, BetaBulls, MPV, Lean Startup, Lean Methodologies, TechCrunch, etc.HV
-
Can a C Corp be the owner of and fund several LLC's? Can these LLC's have the same paid Directors?
Yes! But is very tricky. I have a C Corp own two LLCs. You should have separate board of directors in the C Corp that are not owners in the LLCs. Pay through bonuses rather than salaries and aggregate expenses of the LLCs as op. expenses as SBUs of the corp. The reasons for having a C own LLCs can vary, my reasons were that it allows me to join or create new ventures without having to formalize them with dedicated teams, just cycle my team to different efforts while seperatig expenses, not reporting publicly what is being worked on, and if the product takes off the formation is already there to grow the product into a division or umbrella product of my main company. LLCs are easy to form, while C corps are not... One example would be having a conglomerate of investors under a c corp and have advisors and creating an LLc for each new rental construction development project completed. Each is his own, if something goes wrong the LLC covers the C entity- this protecting its investor members. Best of luck! Humberto Valle #unthinkHV
-
I need good & simple WYSIWYG HTML Email editing program so non-program me staff can edit existing HTML emails template quickly and easily. For Mac.
Treyedit.com is simple and easyLM
-
What is the industry average conversion rate for cold emailing?
Cold emailing is just as bad for you and the recipient. Even if you have the perfect list, the attempt to sell in a cold email is rarely going to be effective. You're better off curating the list to the top prospects, find a mutual connection on LinkedIn or even just cold-invite them on LinkedIn,. Worst case scenario, send a 'permission pass' email where you simply gauge interest and let them know you won't be emailing them again if there's no interest. Keep it very short, non-commercial with just solid information/links to web, and an easy to reply yes/no answer.BI
-
How do you determine if a business idea is worth pursuing?
You ask the customers, and gauge their level of interest. Better yet, get yourself in front of some customers, and instead of telling them what you make or do, ask them what they need. When you notice that many of them need the same thing, and if it is something you can make or provide, you then have a business idea worth pursing.DF
the startups.com platform
Copyright © 2025 Startups.com. All rights reserved.