Charging too little for speaking can backfire. A fee below a professional threshold, like $3,500 for a new speaker, can make you appear inexperienced to event planners, causing them to pass on you for someone perceived as more valuable—even if that person charges significantly more.
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When pitching for a speaking gig, don't lead with your personal history. Event planners care more about the value for their audience. Lead your pitch with the tangible takeaway or transformation the audience will experience. Use your personal story as the supporting evidence of why you're credible.
Instead of only negotiating your speaking fee, offer to bundle access to your digital course for all attendees. This tactic increases the total value for the event planner by providing long-term engagement and can be used to justify a higher overall price or help close a deal.
Don't let your personal perception of what's 'expensive' limit your earning potential. Set your price high based on the value you provide. It is easy to lower a price that gets no buyers, but impossible to know if you could have charged more if you start too low. Never say no for the customer.
To set your price, ask clients what they would do if your service didn't exist. Their answer, like hiring a full-time employee, reveals the 'replacement value.' This figure provides a concrete benchmark for your pricing and uncovers powerful marketing language.
If an event can't meet your full fee, build lead generation into the contract. Jess Ekstrom suggests adding a clause that requires the client to introduce you to four other relevant events if they are satisfied with your talk. This transforms a lower-paying gig into a powerful referral engine.
Price objections don't stem from the buyer's ignorance, but from the seller's failure to establish clear economic value. Before revealing the cost, you must build a business case. If the prospect balks at the price, the fault lies with your value proposition, not their budget.
Set your price not by what you feel you're worth, but by what the market will bear. Continuously increase your price until you receive consistent rejections. That point of friction is your current market value. Treat the "no" as essential data, not a personal offense, to find your price ceiling.
When starting out, don't just charge a low fee. Instead, state your full market-rate price and offer a significant discount (e.g., 50%) as an introductory offer. This establishes your true value from the beginning while still winning the client. Then, systematically raise your price every few clients.
A top reason speaking submissions fail is a mismatch with the core audience. For instance, at IMEX, educational content is built for event planners (the buyers), not the hotel salespeople (the exhibitors). Deeply understand who the educational sessions are designed for before submitting a proposal.
Professional speaker Jess Ekstrom notes that audience size does not correlate with speaking fees. Some of her most lucrative engagements have been for intimate groups of 12, while massive arena talks have paid nothing. The value delivered to the specific audience, not the crowd size, determines the fee.