📣 How to Start a Remote Social Media Agency [Ultimate Guide]

📣 How to Start a Remote Social Media Agency [Ultimate Guide]
Photo by Prateek Katyal / Unsplash

There are many benefits to being a digital nomad, including the ability to work from anywhere there’s a steady internet connection and greater freedom to design your work schedule.

However, some remote work opportunities allow for this flexibility more than others. One such opportunity that allows for this is a remote social media company.

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Key take away: This article will share everything you need to know when starting a social media marketing business. From the tools and skills you’ll need to be successful to how you’ll find and charge your first clients. 

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💪🏼 What is a Social Media Marketing Agency?

A social media marketing agency specializes in creating and managing client campaigns. This typically involves developing strategies and creating content for various social media platforms (Facebook, Twitter, Instagram, TikTok and Pinterest etc.).

In some cases, it will also involve managing paid advertising campaigns. Generally, the ultimate goal of your work for a client is to increase brand awareness and drive sales.


🌴 Why a Social Media Business is a Perfect Remote Income Source

Starting a remote social media business is a great source of income for an entrepreneurial nomad passionate about growing social media channels, as there are no geographical boundaries or limits on your growth potential.

It also doesn’t require substantial setup costs, which allows you to start small and gradually build up your client base as you have more time and energy to invest in marketing and promotion.

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Added Bonus: Since your business is entirely online, there are minimal costs associated with running it daily. As you don’t need to rent office space or hire staff, you can keep your overhead low and focus on building a successful remote business.

Photo by David L. Espina Rincon / Unsplash

🏅What Skills do you Need to Run a Freelance Social Media Agency?

Social media is a rapidly growing industry and represents a massive opportunity for digital nomads with the correct skill set. Below we’ve highlighted some of the most important skills you’ll need to possess to be successful.

Don’t worry if you see some gaps in your knowledge base, as we’ll share some resources later in the article to help you get up to speed.

📈 #1 Understanding of key social media platforms and trends

You need to be familiar with the different social media platforms, how to create content for them, and how to target specific audiences.

It’s also good to know about what is trending on different social media platforms.

Knowing what’s hot at any given moment will enable you to build this into your strategy and content and get better results from your campaigns and, ultimately, better results for your clients.

✍️ #2 Strong writing and communication skills 

 This will help you to create attention-grabbing copy and marketing materials that elicit a desired reaction from your audience.

Additionally, if you oversee social media accounts for a large company or team, strong writing & communication skills will help you to manage and collaborate with multiple writers effectively.

👁 #3 Eye for Design 

You’ll also need a strong visual eye to create images and videos that make people want to engage with and share them on social media. 

We’re not saying you need to be a full-fledged designer. However, you do need to have an eye to know what looks good and what doesn’t.

🔎 #4 Ability to analyse data and build reports

It’s essential to be able to analyse and interpret data generated by your different activities on the social media accounts you manage. This will help you to understand how your campaigns are performing.

This involves studying how many people view the content, how much engagement it is getting, and the click-through rate. By analysing this data, changes and adjustments can be made to campaigns to improve results.

🤝 #5 Client management skills

One of the key benefits of starting a social media business is working with clients directly. This means you can build strong relationships with them and understand their needs and goals.

However, to do so, you’ll need to possess fantastic people skills, be very organised and have excellent attention to detail to manage all your clients at a very high standard.

If you can master this, you’ll also be able to understand better what your clients want, so you can develop strategies and content that are more relevant to their brands. This can have a knock-on effect that will help you attract new clients whilst retaining existing ones.

Neon Sign
Photo by charlesdeluvio / Unsplash

👩‍🏫 What Social Media Courses Can Help Fill in The Knowledge Gap?

If you’re looking at the above list and are concerned you don’t have the required knowledge, don’t worry, as there are many free and paid online courses to help fill the knowledge gap.

Below are a few suggestions for courses you might find valuable.

💰 How Should You Charge Customers?

Freelance social media experts typically make money in one of three ways: fixed hourly rate, retainer, or a fixed percentage of the capital a client spends.

#1 Fixed Hourly Rate

A fixed hourly rate means that you charge a set amount for each hour of work performed and agree on a certain number of hours each month or per project, and both parties commit to this. 

This is our suggested way to charge customers, particularly when starting, as it’s the most transparent approach.

#2 Retainer

As you build more trust with your clients and start generating successful campaigns, another approach to charging your clients involves agreeing on a retainer.

A retainer is a fixed monthly fee linked to deliverables rather than the number of hours you work on the project each month. 

For example, you could agree with your client on a €500 monthly retainer in return for achieving a 30% increase in their follower growth on Instagram per month.

#3 Fixed Percentage of Money Spent

The third option is a fixed percentage of a client’s money on social media marketing. This is often the least expensive option for clients and, therefore, not the most lucrative for the social media business.

However, it might be something to consider whilst you’re starting as you try to attract your first customers. Once you’ve proved yourself, aim to move towards one of the first two options.

Which payment model you choose depends on various factors, including the type of work being performed, the relationship between the agency and the client, and your experience level.

Photo by LinkedIn Sales Solutions / Unsplash

👀  How can you find clients for your social media marketing business?

The good news is there are many channels nowadays for your to seek out new customers for your social media business.

Below are a few tried and proven ways to snag your first customers.

⚒ Grow your own social media channels

Starting a social media business is important to grow a strong online profile on various social media platforms, which will help build your credibility and visibility. 

By regularly posting engaging and informative content, you can attract potential clients and show them what you can do.

👣 Follow companies you’re interested in working with

You can also use social media to build relationships with other businesses in the industry you would like to work with. These connections can lead to opportunities to collaborate with potential clients.

Also, companies tend to share open positions on their social media accounts, which, although you’re not looking to be employed as an employee, signals there’s a need you could potentially fill on a freelance basis.

Reaching out to the hiring manager could open the door to a short-term gig whilst they’re filling the position permanently, or it could turn into something more…

🗂 Freelance platforms

Another great way to find clients is to use online directories and marketplace websites such as Upwork, Fiverr or Freelancer

These platforms allow businesses to post their projects and requirements, making it easy for freelancers to find work. 

👊🏼 Personal Network

Remember to reach out to your network of contacts to see if anyone knows of any businesses that might require your services.

Most of the time, your first gig will be from someone you know. This is an excellent opportunity to get a testimonial and leverage this to get the next client outside your network.


Ironing out your strategy
Photo by Campaign Creators / Unsplash

🔨 What tools do you need to succeed in a social media marketing business?

The good news is you won’t need much equipment to run your social media business. Your main tools will be your laptop, a strong wifi connection, and a suite of software that will help with design, scheduling & project management.

We’ve compiled a list of tools we use to manage our social media channels and various projects.

🎨 Design & Content Creation

📅 Scheduling & Project Management

  1. Asana or Trello for project management
  2. PLANN or Hootsuite for social media scheduling
  3. Calendly for scheduling appointments and meetings

The focus
Photo by Diego PH / Unsplash

📑 What business structure should you choose?

When starting a social media marketing business, choosing the proper business structure is vital. The most common business structures are sole traders, partnerships and limited liability companies. We'll run through each below.

🕺🏻 Sole Trader

Sole traders are the simplest and most common type of business structure. Sole traders have complete control over their business but are also personally liable for all debts and losses. You will be considered a “Freelancer” if you select this business structure.

👯‍♂️ Partnership

Partnerships are similar to sole traders, but there are two or more owners. Partnerships provide more capital and expertise, but each partner is personally liable for the business’s debts.

🪖 Limited Liability

Limited liability companies offer the most protection for owners, as they are not personally liable for the business’s debts. However, limited liability companies can be more complex to set up and operate than sole traders or partnerships.

Although if you are an EU citizen, consider setting up a Limited Liability company Estonian via their E-residency program. This is a reasonably painless process when using a provider such as XOLO to help you do so.

When choosing a business structure, it is vital to consider the size and complexity of the business and the level of personal liability you are willing to accept. We suggest seeking professional advice from an accountant or financial advisor before deciding.


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Conclusion

Starting a social media marketing business is a great way for digital nomads to work remotely whilst traveling, allowing you freedom and flexibility to design your work schedule.

By leveraging the power of the internet and some essential software tools, you can be up and running in no time with minimal cost.

With the correct planning and execution, you can successfully transition into self-employment as a social media marketer and start experiencing the world whilst earning an income. Reach out on Instagram if you have any questions - @remotevagabond