Our team spends hours in conversation with speakers and event planners each week. A topic that comes up frequently is speaker fees. While we understand event planners’ need to find suitable speakers within their budgets, we also understand why speakers need more information before quoting a fee for a specific event.
Speakers need answers to several questions: How much prep and travel time would be involved? How much customization is requested? Will I be allowed to sell courses, books, consulting services, or merchandise? Will I be asked to participate in a media interview? Will the event planner cover travel? How many people will be in attendance?
Many speakers will tell you that they quote a full fee (whatever that amount is) for a corporate event, and they may reduce that fee for non-profit organizations, their alma mater, or a cause which they personally support. They’ll also be up front about their level of experience and current demand.
All of these factors should be considered when setting a fee. Thanks to the event planners who provide as much detail as possible when booking talent for an event. Armed with this knowledge, will the speaker agree to the proposed terms? It depends.
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