Social Media Manager

Business Idea: Start A Social Media Manager in 2024

Pat Walls

•

Updated: October 2nd, 2024

Avg Monthly Revenue

$308K

Avg Startup Costs

$5.89K

Score

Market Size

$9.2B

Avg Revenue

$308K/month

Min Revenue

$25K/month

Max Revenue

$500K/month

Avg Days To Build

135 days

Market Size

$9.2B

Avg Revenue

$308K/month

Min Revenue

$25K/month

Max Revenue

$500K/month

Avg Days To Build

135 days

Social media management is a burgeoning field that could be your next business venture. Simply put, a social media manager handles the online presence of a brand, crafting posts, engaging with followers, and monitoring analytics to boost visibility and customer interaction.

In an age where digital presence is non-negotiable, companies are eager to hire skilled social media managers to maintain and grow their online personas. Your tasks would involve content creation, strategic planning, and real-time engagement with audiences on platforms like Instagram, Facebook, and Twitter.

What makes this idea attractive is its flexibility and potential for scalability. You can start solely managing one or two small businesses and gradually expand to a full-fledged agency with diverse clients. If you’re adept at navigating social networks and have a flair for creative communication, this could be a highly rewarding career path.

Revenue & Profitability

How much do social media managers make?

On average, successful social media managers report $3.7M/year in revenue.

Startup Costs

How much does it cost to start a social media manager?

It can cost as low as $3 to start a social media manager.
It can cost as high as $100,000 to start a social media manager.

Learn more about the costs of a social media manager.

Successful social media manager businesses and case studies

Starting A $500K/Month Social Media Agency Before Most Social Media Platforms Existed

Learn how the founder of Ignite Social Media launched the first-ever social media agency in the US, attracting big-name clients like Microsoft and Intel through organic leads and referrals, and stay on top of the constantly changing industry by focusing on one area of marketing.

$500K Monthly Revenue

$100K Startup Costs

Read by 5,569 founders

How I Created A $5M/Year LinkedIn Marketing Automation Tool

Dux-Soup is a LinkedIn automation tool that helps business owners and sales & marketing professionals generate more leads, increase efficiency, and save time; with over 70,000 users and revenue of nearly $5 million, it offers automated top-of-the-funnel LinkedIn outreach activities, targeted LinkedIn campaigns and multi-touch & personalized LinkedIn drip campaigns for lead generation.

$400K Monthly Revenue

Read by 8,928 founders