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In this video, the speaker outlines the essential structure of an influencer contract, emphasizing its importance for successful partnership negotiations. The contract should establish common ground and outline expectations and compensation for campaign deliverables. A written influencer agreement, while it may seem formal, is crucial for fostering solid alliances and managing business relationships effectively. It ensures that quality standards are maintained throughout the campaign, including the preservation of brand reputation and appropriate wording distribution. Ultimately, a well-defined contract helps facilitate a smooth campaign launch and protects both parties involved.