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What do expert Networks do?
Expert networks refer to a type of business that connects companies with expert resources or subject-matter experts, such as academics, C-levels, founders, and high-level officials to provide valuable information, data, or assistance.
How do expert Networks find experts?
The majority of expert networks have a similar service approach, whereby the core business model consists of sourcing of experts through LinkedIn and internal- and external databases. The work is done by associates, sometimes aided by tech / AI tools, to improve the efficiency of searching and onboarding of experts.
How much do expert networks pay?
How Much Do Expert Networks Pay? As a expert network consultant you have the ability to set your own hourly rate. Most networks recommend a rate of around $150 – $300 to start but they can increase sharply from there, particularly if you happen to have specialized expertise.
How much does it cost to hire an expert?
All of these gigs were performed at nosebleed rates: up to $500 per hour. Welcome to the wonderful world of expert networks, a platform for short “consulting calls” between experts in an industry and clients in consulting, professional services, and investment management.
What are the largest expert networks in the world?
The expert network industry is split by region, by virtue of the need to recruit local consultants in that country. Within the American market, some of the largest expert networks are GLG Consulting, Alphasights, and Guidepoint Research. Dialectica is a leading player within the European markets.
Why do people pay so much for expert advice?
So they pay a lot of money ($1000+ per session) to the expert network to be assured the person on the other end of the line knows their stuff and can share ideas with them in a professional manner. This can all be billed back to THEIR clients, who are paying millions of dollars for advice on how to make a multi-billion dollar decisions.