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A social media influencer contract is a crucial agreement between a company and an influencer, whose social media following allows them to sway consumer purchasing decisions. As companies aim to enhance market share, influencer endorsements offer a personal connection akin to word-of-mouth recommendations, which have always been sought after by advertisers. Given the novelty of social media influencers, contracts are essential to clarify expectations for both parties. The video also promotes eforms, a database for various documents, and encourages viewers to watch until the end for a link to a template for a social media influencer contract.