How Much Money Do Social Media Marketing Services Make? (2024)
TL;DR:
- Based on our data, social media marketing services can make between $3,000-$800,000 per month.
- The average revenue for a successful social media marketing service is $97.8K per month.
- The highest grossing social media marketing service in our records makes over $9,600,000 per year.
- Social media marketing service owners salaries can vary wildly depending on industry, niche, and size of the business
So you're thinking about starting a social media marketing service?
And now you're wondering how much social media marketing service owners actually make...
Well, let’s dive in!
Here are example of real social media marketing services and how much money they make - as reported by the founders themselves:
1. Zero Gravity Marketing ($9.6M/year)
Chris Uzzo, the founder of Zero Gravity Marketing, came up with the idea for his digital marketing agency after building and overseeing the SEO and PPC departments for multiple agencies. With a focus on data-driven strategies and a commitment to transparency, Zero Gravity Marketing has experienced impressive growth, including being recognized by Inc as one of the fastest-growing privately-owned companies and projecting over $10 million in revenue for 2022.
How much money it makes: $9.6M/year
2. SharpNet Solutions, Inc ($4.2M/year)
SharpNet Solutions was founded in 1998 by Christopher Sharp, a chemical engineer who wanted to secure his family's future. After self-training in website building, he realized the potential of internet marketing and launched his own company. Today, with a team of 38 talented members, SharpNet generates over $4 million in annual gross sales, offering SEO, PPC, social media management, and website design services with a strong focus on customer satisfaction.
How much money it makes: $4.2M/year
3. MeetEdgar ($4M/year)
Laura Roeder, the founder of MeetEdgar, came up with the idea for her social media automation tool after realizing the burden of managing social media accounts and creating new content across multiple platforms. With her background in teaching social media marketing and her own online course business, she saw the need for a tool that could handle the grunt work of social media management. By validating the idea through her course, she decided to create MeetEdgar and launched the software in 2014.
How much money it makes: $4M/year
4. Pony Express Studio ($3.6M/year)
Thibault Louis-Lucas, the founder of Taplio and Tweet Hunter, came up with the idea for his startups after experiencing failures with previous ventures. Through trial and error, he and his co-founder committed themselves to building new products every week until one gained traction. Their "aha" moment came when they developed Tweet Hunter, a simple search bar that retrieved viral tweets, leading to a successful launch and subsequent growth.
How much money it makes: $3.6M/year
5. Digital Next ($3.48M/year)
Nathan Elly, founder of Digital Next Australia, came up with the idea for his search marketing agency after completing a year of industry experience in SEO. Through selling SEO services and witnessing the growing importance of digital marketing, he recognized the potential for SEO to become an essential part of the marketing mix. After launching the business in Australia, they have since achieved a turnover of approximately $2 million per year.
How much money it makes: $3.48M/year
6. Flying V Group ($3M/year)
Flying V Group was founded by Robb Fahrion and his brother based on an opportunity they identified in the market. After helping a mentor with his website and seeing the demand for digital help, they decided to start a marketing services firm. They focused on serving professional service industries and used SEO and content marketing to establish their clients as industry experts online. The company has since grown to employ 12 people, worked with over 300 clients, and is on track to double its revenue for the second year in a row.
How much money it makes: $3M/year
7. Fomo ($1.08M/year)
Ryan Kulp, a marketer and self-taught developer, acquired a social proof tool called Notify in 2016 and rebranded it as Fomo. Through strategic product-led growth, integrations, and a focus on social proof, Fomo scaled its business by 600% and achieved over $1 million in annual revenue.
How much money it makes: $1.08M/year
8. CASTANET ($732K/year)
Started reaching out to people he knew who either owned a business or had higher-up positions in a business in order to brainstorm business ideas. A consistent theme that came up was lead generation. There's always a big demand for good leads and salespeople are willing to pay.
How much money it makes: $732K/year
9. Add Value | Growth Marketing Agency ($600K/year)
24-year-old Joachim Brouckaert founded Add Value, a growth marketing agency, after noticing that many marketing agencies prioritized money over delivering value to their customers. With a background in digital marketing and experience freelancing as a digital marketer, Joachim decided to start his own agency focused on full-funnel marketing services. After a year in business, Add Value generates an average monthly turnover of 30k and works with 18 active clients.
How much money it makes: $600K/year
10. Vital Traffic Labs ($600K/year)
David Schlais, co-founder of Vital Traffic Labs, came up with the idea for his social media marketing agency after realizing the massive margins that larger marketing firms were making for mediocre work. With almost no experience in social media marketing, he and his partner set up their agency in a day and quickly secured their first client, leading to a successful growth trajectory and the ability to leave their 9-5 jobs within six months.
How much money it makes: $600K/year
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
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