How much commission should I pay an influencer?
Its the practice of having an influencer who is repping your product earn a commission for every sale of said product. As of 2021, Instagram influencers generally make 5-30% commission in affiliate marketing contracts, with bigger influencers starting in the 8-12% range.
How much should you charge as an influencer?
Nano influencers (1000 - 10,000 followers): $10 - $100 per post. Micro influencers (10,000 - 50,000 followers): $100 - $500 per post. Mid-tier influencers (50,000 - 500,000 followers): $500 - $5,000 per post. Macro influencers (500,000 - 1,000,000 followers): $5000 - $10,000 per post.
How do you write an influencer agreement?
4 components you should include in an influencer agreement What content the influencer will be creating for you. This is one of the main components in every contract. Guidelines, expectations, and requirements (metrics of success) Type, forms, and frequency of compensation. Legal obligations and documentation.
What is an influencer agreement?
What is an influencer contract? An influencer contract is a legal agreement between an influencer and a company that lays out the terms of their business relationship. This kind of relationship is becoming common as more brands leverage social media to connect with new audiences.
What does an influencer agreement look like?
For example, the influencer marketing agreement may detail that the influencer is to provide three Instagram posts and five stories by a certain date. In exchange, the company will provide monetary compensation or product(s) of a certain value to the social media influencer.
What should be included in an influencer agreement?
What Should You Include in Your Influencer Contract? Non-disclosure and Confidentiality Agreement. Compensation Model. Timelines and Milestones. Brand Campaign Guidelines. Influencer Campaign Guidelines. Consumer Privacy Law. Campaign Deliverables. Brand Exclusivity.
What does an influencer agreement look like?
For example, the influencer marketing agreement may detail that the influencer is to provide three Instagram posts and five stories by a certain date. In exchange, the company will provide monetary compensation or product(s) of a certain value to the social media influencer.
How do you write an influencer contract?
4 components you should include in an influencer agreement What content the influencer will be creating for you. This is one of the main components in every contract. Guidelines, expectations, and requirements (metrics of success) Type, forms, and frequency of compensation. Legal obligations and documentation.
Which 3 Rs are useful when identifying influencers?
Hootsuite describes the three Rs of influence as: Relevance: The influencer shares content relevant to your business and industry. docHub: The number of people that can be docHubed through the influencers follower base. Resonance: The level of engagement an influencer can create with an audience relevant to your brand.
What do you write in an influencer package?
A short bio. This is arguably the most important part of your kitit should come first, as it will shape the viewers first impression of you as an influencer. Include your name, where youre based, and what you doyour interests, values and experience are important to communicate here.
