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Twitter is the most Social media Application and people are making A lot of money jus to teach people how to use it. I was reading this RWW survey on How much Blogger and Social media Consultant Get paid and I find a very interesting Comment there Posted by Anonymous Coward:

I am not in your “top 20″ but probably one of the top 50 social media consultants.

I thought I would share anonymously some details of what I make. I am based out of San Francisco/Bay Area and have 6 years+ top tier industry experience.

For long term engagements (eg one current client likes me to work 3 to 4 days a week) I charge $250hr + expenses. I perform a social media function within a specialist niche and this client is a top tier brand/company that everyone will have heard of.

Additionally, I work with several startups, where I charge $800 a day plus a minimum of 0.5% of the company.

I have helped companies and I guess you might call “significant individuals”/celebrities with blog strategy but I do not write blog posts specifically (unless it’s to help a client launch their blog) - mainly because the money is in strategy and exec-level consulting, not blog writing.

I posted revenues above $400k last year, although after tax and expenses (conference trips are the biggest spend) I probably pocketed $200k. That sounds like a lot, and compared to the national wage average it is, but here in the Bay Area that doesn’t go as far as other parts of America.

It’s also worth remembering that unlike an employee I have to cover my full medical insurance and deal with the uncertainty of being out of work if there is no work around. I have definitely seen a sudden drop off of interest in my services in the past few months as consulting is the first budget to go at big companies. I’ve actually got not new leads currently and so if my current engagements dry up then I am without income.

My advice to anyone thinking of getting into this industry is a) be really sure you have the biz dev leads, esp in this current climate, and b) try to get up the food chain as quickly as possible as writing blog posts for $25 a pop is a hard way to make BIG money.

From this Comment, Its looks like that Social media consultant are making lot of money to teach people how to use Twitter Do you know how to Use Twitter?? If not I can teach you….:) the Basics atleast…

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