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Tuesday Tip | How Much Does it Cost to Hire a Speaker?

Matt Meyer
Tuesday, Dec 03, 2019
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What Does It Cost to Hire a Motivational Speaker?

If you're planning an event, conference, various speaking engagements, or a business meeting, having professional speakers at your meeting helps to provide attendees with an outstanding and unforgettable experience. Motivational speakers can have a significant impact on audiences of all ages and sizes.

Depending on the nature of your event, selecting a professional speaker who inspires and talks on subjects relevant to your topics is always the best bet.

These days, event planners can find keynote speakers who charge speakers fees ranging from hundreds of dollars upwards to many thousands of dollars for providing their services. While some new speakers to the speaking circuit may be willing to speak for a lower or discounted price, more renowned, and recognized professional speakers typically have higher fees.

Paid Speaking Engagement Pricing

Generally, most public speakers charge fees per event. To put on the best presentation, speakers spend far more than just the hour they're on stage to prepare for the engagement. To ensure the best performance, most speakers devote the entire day to traveling and getting ready for their time on the stage. In most cases, speakers will charge an additional travel fee to help account for flights, hotels, or other services incurred as part of the presentation.

Fee ranges for most motivational speakers typically fall anywhere between $10,000 to $100,000 plus and are largely dependent on experience, recognition, and other variables. 

Type of Event

Another factor that could impact speaking fees is the type or length of the event. For instance, a full-day or half-day seminar with breakout sessions are likely to be more expensive than a short keynote speech or an appearance at the event.

Other types of events, including training, public speaking, webinars, and coaching sessions, might also impact the associated fees. Fee structures could get based on an hourly basis, a flat fee basis, or on the number of people who attend the event.

To help accommodate each inquiry, most speakers provide a price quote customized for the requirements of the event. If working with a specific budget in mind, be honest with how much you have available to spend on your potential speaker. Knowing this can help us determine which speaker will be best for your event while keeping your budget in mind.

Expenses With Travel

Most speakers charge an additional fee for travel expenses such as flights, mileage, lodging, and food. Depending on the speaker's pricing model, this fee could be in addition to the base fee or factored into the overall quoted costs.

To avoid any confusion with billing and associated fees, Executive Speakers Bureau is always sure to clarify the speaker's travel expense policy and will handle any logistics surrounding your event based on the speaker's needs. By doing so, you get a much clearer picture of the total expenses associated with their appearance and presentation.

Securing Your Preferred Date

Once we have narrowed down a potential motivational speaker for your conference or event and you decide that they are the right person for the job, you will likely be asked to place a deposit of up to 50% to secure your desired date and time. By placing a deposit, this helps to ensure they don't make alternative plans or obligations on your planned event date.

The remaining balance is typically due two weeks before the event date. For clarity, these payment terms and details will be laid out in your client contract to avoid miscommunication.

Putting on an Epic Event

Undoubtedly, hosting an event, conference, or training event is exciting for everyone in attendance. When you have the right motivational and keynote speakers onboard, this serves as a considerable draw for your target audience.

The best advice we can give:

Don't go down the rabbit hole of Google searches.

Call us with your needs, and let Executive Speakers Bureau do the work. We can find the right keynote speaker for your event within your budget and needs, and make sure your event is a success!

For more information, contact Executive Speakers Bureau at (901) 754-9404.

Comments

Ava M

You made a good point when you said that it can be more expensive to hire a keynote speaker for a full or half-day compared to a short keynote speaker. This is what I will share with my supervisor at work because he was tasked to hire a motivational safety keynote speaker for the company event next month. Since there is a budget set for the event, it will make sense for him to choose a speaker that can meet the allowance allocated for its services.

Shammy Peterson

I found it helpful when you said that you could be asked to secure a deposit of up to 50% when you decide to hire a conference speaker. This reminded me of the church that I visited last Sunday. They will celebrate their 10th anniversary, and they want to hire a spiritual conference speaker for the event. Your tips will surely help them be financially prepared, so I will share this with them.

Olivia Smart

Thank you for explaining that you'll likely need to place a deposit to secure your desired date and time. My cousin is thinking about hiring a motivational speaker to talk at a school event to help the kids with getting through this latest surge in COVID. I'll be sure to mention this to her so that she and the school can plan accordingly for this motivational speaker to come.

Shammy Peterson

You made a good point when you said that you must be honest about the amount you could spend on hiring a motivational speaker. This reminds me of financial planning businesses that may want to encourage their target audiences to consider retirement planning. I could imagine how they could do your tips to find a retirement planning speaker that could best meet their budget.

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