Advertising Agency Estimate Template (Free)

Agencies send an estimate or proposal before any campaign, rebrand, or production work starts, and often as part of a competitive pitch. Clients compare total cost, what is included, how many revision rounds they get, and whether media and production costs are inside or on top of the fee.

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When to use estimates: Use estimates to provide project quotes and get client approval before starting work. Once approved, convert your estimate to an invoice with one click to collect payment.

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INVOICE

#1001
$0.00
Due:

From

Your Business Name

Bill To

Client Name
Invoice Date
Due Date
Description
Qty
Rate
Amount
Description
1
$0.00
$0.00
Subtotal:$0.00
Total:$0.00

Terms & Conditions

Payment is due within 30 days of invoice date.

What to include in your Advertising Agency quote

  • Deliverables with quantities and formats

    Listing the number of ad variations, video lengths, and file formats prevents arguments over what was promised.

  • Revision rounds included

    Two rounds is common. Stating this up front gives you a basis to bill extra rounds.

  • Media budget and who pays

    Make clear whether ad spend is included in your price or billed separately at cost, and who owns the ad accounts.

  • Third-party costs and estimated range

    Talent, stock, printing, and studio costs are often uncertain. Give an estimate range and state they are billed at actual cost plus any markup.

  • Timeline and client approval dependencies

    Delays often come from slow feedback. Tie your delivery dates to the client providing assets and approvals on time.

  • Usage rights and ownership of final work

    Clarify what the client owns on final payment, and the term and territory for any licensed assets.

  • Validity period of the quote

    Production and media costs change. A 30-day expiry protects you from honoring old prices.

Advertising Agency rates to quote from

ServicePricedTypical range
Account management / project managementper hour$85-150
Creative direction, art direction, or copywritingper hour$100-200
Campaign strategy and planningflat fee$3,000-15,000
Monthly retainer for small business clientsper month$3,000-10,000
Paid media management (search, social)percent of ad spend10-20% (often with a monthly minimum of $1,000-2,500)
Video ad production (30-60 second spot)flat fee$5,000-30,000
Logo and brand identity packageflat fee$3,000-15,000
Third-party production costs markuppercent of cost10-20%

Typical US ranges. Rates vary by region, experience, and job size.

Pricing your quotes

Build the quote from hours by role, then present a flat fee

Estimate hours for strategy, creative, production, and account management using your rate card, add a contingency of 10-15%, and present a single project price. Clients prefer certainty, and you keep your internal math.

Offer tiered options

Present good, better, and best packages, for example a basic campaign, a full campaign with video, and one with ongoing media management. Clients often choose the middle option.

Separate fees from pass-through costs

Show agency fees in one section and media or production costs in another. It makes the quote easier to compare against other agencies.

Charge for discovery and pitch work when it is substantial

A paid strategy phase before the full proposal filters out clients who only want free ideas and gives you real information to scope the rest.

Advertising Agency estimate FAQ

Should I give a fixed price or an hourly estimate?

For defined projects, a fixed price with a clear scope works best for most clients. For open-ended or evolving work, use an hourly estimate with a not-to-exceed cap or a monthly retainer.

How do I handle a quote when media costs are uncertain?

Quote your fee firmly and give media as a budget the client approves, with your management fee as a percentage or flat amount. Note that actual platform costs are billed at what was spent.

Is it normal to charge for a proposal or pitch?

For small and mid-size work, a free proposal is common. For large pitches involving original creative concepts, many agencies charge a pitch fee or limit the work to strategy and examples.

Can I change the price after the client accepts the estimate?

Only for changes outside the agreed scope. Use a short change order that describes the added work and cost, and get the client's written approval before starting it.

Job done and ready to bill?

Use the Advertising Agency invoice template to bill the client, or convert this estimate once it's approved.

Advertising Agency invoice template

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