26 Dec HOW MUCH DO SPEAKER BUREAUS AND KEYNOTE SPEAKING AGENTS CHARGE?
Clients and aspiring motivational pros keep asking: How much do speaker bureaus and talent agencies charge for speaking agent services? The answer: It depends on the individual talent agency and assignment, but often a hefty chunk. From keynote speakers and thought leaders to celebrities and politicians, booking famous public figures for corporate events often involves working with a speakers bureau. (Though it does not have to, and clients can often save by cutting out the middleman.) In any event, such agencies represent talent, organize logistics and set speaker fees, generally taking commissions ranging from 20-30% on the events they arrange. Overall, speakers bureaus earn millions annually from their roster of prominent professionals secured for conferences, leadership retreats and employee town halls.
Many factors impact speakers bureau fees including the notoriety of talent, event scope, required deliverables, travel and production. Keynote fees for well-known CEOs, bestselling authors or TV personalities often start at $50,000 while former presidents or sports legends can command over $100,000 and up. Lesser known industry experts usually range from $10,000-$25,000. Full day workshops get priced higher than 45 minute keynotes. Speakers enhancing their brand visibility via events may offer discounted non-profit rates.
The more ancillary services needed beyond a hallmark speech, the more fees accrue. For live events, expenses like airfare, ground transport, lodging, meals plus any audio/visual production falls to event organizers on top of bureau talent commissions. For virtual events, technical rehearsals and backend support add cost. Additional speaker deliverables like breakout sessions, pre-event counsel, or post-event consulting also increase overall price tag.
Speakers bureaus earn their fees through extensive relationship building to sign well-versed leaders or celebrity talent to their rosters combined with event logistics mastery. Agencies understand how to evaluate audience needs, match appropriate speakers and craft agreements to deliver impactful messaging that moves the crowd. Bureaus handle promotion, travel coordination, A/V details, speaker gifts and venue interfaces so corporate teams focus solely on attendee engagement.
While speakers bureau costs can seem high at first glance, their ability to land otherwise inaccessible talent and handle multifaceted production details delivers substantial value. Great speakers spark conversation, drive strategy and inspire teams for the better. Forward-looking bureaus enable extraordinary leaders to motivate company evolution and growth. That said, again: If you’re a meeting or event planner, it’s not always necessary to work with a talent agency – and you can offer lower your budgets significantly by liasing directly with keynote speakers themselves instead.