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How much does a Marketing Team or CTO cost?

According to Salary.com, the average Marketing Director is compensated $133,518 annually, and that’s just one position.  Add a Marketing Manager and you’ll have to tack on an additional $94,725 to this amount – and we haven’t even started talking about design, development, or communications resources.  According to Payscale.com you would be looking at at least $41,000 annually to hire a Graphic Designer – a number that seems low – and Salary.com reports Developer positions pulling in around $100,000 on average.  Needless to say, if you’re looking to build your own marketing department you should carve out at least $500,000 annually – with funds set aside for training, overhead (office space, computers, electric usage, etc.), and other miscellaneous items in addition to the potential headaches that come with having an in-house team.

The average CTO (Chief Technology Officer) makes $227,244.

Five Tier gives you the opportunity to hire a full service marketing team for Small-to-Medium sized businesses starting at just $500 per month, or $5,000 per year.  Are you a larger business that wants more support?  Enterprise packages start at just $5,000 per month or $50,000 per year – still less than half of what you would pay one Marketing Director – and with an entire team of resources at your fingertips!

After building software for close to a decade, there is a good chance we can solve your technical needs as well at a fraction of the cost, faster, and with far fewer pain points.

Contact us today to find out how we can help you grow your business more quickly and affordably.