Agencies use various pricing models depending on scope, services, and client needs. Understanding these helps you compare proposals and budget appropriately.
Common Pricing Models
View Pricing Models
Monthly Retainer: Fixed fee for ongoing services. Predictable costs, dedicated resource.
Project-Based: One-time fee for defined deliverable. Website, campaign, audit.
Hourly Rate: Pay for time spent. Flexible but less predictable.
Percentage of Spend: Fee based on ad spend (10-20% typical). Aligns interests but can incentivise higher spend.
Performance-Based: Fee tied to results. Rare, high risk for agencies.
Typical Agency Costs (UK)
- Small agency retainer: £1,500-£5,000/month
- Mid-size agency retainer: £5,000-£15,000/month
- Large agency retainer: £15,000-£50,000+/month
- Hourly rates: £75-£200/hour
- Percentage of spend: 10-20% of ad budget
What Affects Pricing
- Scope and complexity of work
- Number of channels/services
- Agency size and reputation
- Level of seniority involved
- Contract length and commitment
Beyond the Fee
Consider total value, not just cost. A higher-priced agency delivering better results is more cost-effective than a cheap agency wasting budget on poor performance.