What Is the Average Commission Event Planner Salary by State StateAnnual SalaryHourly Wage California $62,506 $30.05 California $62,506 $30.05 Minnesota $62,031 $29.82 Minnesota $62,031 $29.8294 more rows
If you don't formally register your event planning business, it will be a sole proprietorship by default. But you can also choose to set your business up as a sole proprietorship yourself (and it's a pretty easy process), though it doesn't provide all the liability protections you might need.
Event planners can earn anywhere from 10 to 40 percent commission on a project, though typical commission is in the 15 to 20 percent range, ing to EventPlanning.
There are two million events organized in the US every year. That is almost 5,500 events every single day. And a profit margin of planners is 15-40% of the budget (some $500 billion annually spent on events, ing to Entrepreneur).
One of the easiest and most effective ways to get your first clients is to start with the people you already know. Reach out to your friends, family, and acquaintances and let them know about your new business. Ask them if they know anyone who is planning an event and might need your services.
How to Get Clients as an Event Planner Carve out a niche for yourself in the event industry. Build up a solid portfolio of clients. Start your own website. Advertise on social media. Build up a local buzz. Network with nonprofits.
As a Freelance Event Planner, your cover letter introduction should immediately highlight your ability to create and manage successful events. Use a compelling example of a time when your strategic planning, creativity, and problem-solving skills led to a memorable event.
How to Promote Yourself the Right Way As an Event Planner Find Your Event Planner Niche and Lead with It. Define Your Event Planner Brand Voice, Style, and Positioning. Build Your Event Planner Empire on Referrals. Yes, You Still Need Those Party Reels. Learn More About Marketing at The Expo.
How to Get Clients as an Event Planner Carve out a niche for yourself in the event industry. Build up a solid portfolio of clients. Start your own website. Advertise on social media. Build up a local buzz. Network with nonprofits.
On average, freelance event planners can earn anywhere from $50 to $150 per hour, depending on their experience, location, and the complexity of the event, ing to Business Yield. For larger events, some planners opt for a percentage model, usually taking 10% to 20% of the total event budget.