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A social media influencer contract is a formal agreement between a company and an influencer, who can sway the purchasing decisions of a large audience due to their social media following. These contracts are essential for companies aiming to increase market share, as endorsements from influencers act like sought-after word-of-mouth recommendations. Given the novelty of the influencer concept, having a clear contract is crucial for outlining the expectations and obligations of both parties. The video will also provide a link to a template for a social media influencer contract at the end.
