According to a survey report published in 2004 by the China
Association for International Public Relations, there are
more than 2,000 public relation firms in China. This implies
that charge policies can be varied from firm to firm, which
may make people wonder if there is a standard for PR fees.
Like a law firm, a PR firm calculates its service fees in
the unit of time. According to internationally accepted norms,
an international public relation firm calculates its professional
fees through multiplying hourly charge by the hours actually
consumed. For example, an account director charges USD 180
per hour for the professional fee, an account manager USD
150, and an account executive USD 120. The sum of the professional
fees of all members of a project team shall be the result
of multiplying hourly charges of the members in different
positions by the hours actually consumed. This constitutes
the fee a client should pay for the PR service. In this sense,
a PR firm is a firm selling time as its product.
Service charge of local PR firms. Under the pressure of
market environment, local PR firms create a different charge
policy: they simply take away 10%-15% of the fees directly
paid by the client to the third party as its service fee.
This is quite similar to the internationally accepted practice
for an advertisement agency to collect its fees.
Charge policy pursued by local public relation
firms leaves some hidden risks, though it can be accepted
by clients more easily. Under the charge policy, a public
relations firm may not have an incentive to save costs for
clients. As a result, local public relation firms can be
led astray, for it betrays the rightful obligations of a
PR firm.
NMPR is currently at a stage of enhancing its clients' base. It adopts a charge policy as an international public relations firm, in an attempt to ensure the quality of service. In the meantime, NMPR makes a most competitive charge offer available, allowing clients to enjoy its service at a most reasonable cost. |