Ohio advertising companies typically follow industry-standard rates, which can range from $650 to $20,000 per month or an average of $150 per hour. However, actual costs can vary depending on the campaign type, duration, and ad platforms.
Meanwhile, industry data cite that small businesses spend around 10.6% of their total marketing budget on advertising, which may go from $10,000 to $50,000 per year.
Advertising companies also follow different pricing models:
- Hourly fee: Based on the number of hours spent on the campaign
- Flat rate or flat fee: A set monthly fee covering all the costs of managing PPC campaigns
- Percent of ad spend: A set portion of the total ad spend
- Flat fee + percent of ad spend: A recurring fee and a portion of ad spend
The top 50 advertising agencies in Ohio on DesignRush charge an average of $125 per hour. 9.9% of these companies accept budgets under $1,000 for short-term social media campaigns or retargeting ads, while 4% require a minimum budget of $50,000 for TV commercials or multi-channel campaigns.