Developing your compensation strategy

that the larger a creator’s audience, the more they will compensation strategy charge for partnerships. While nano and micro influencers might be open to creating content in exchange for free products, macro and celebrity phone number list influencers will almost certainly command a price tag too hefty for bootstrapped brands.

Because there’s no one answer to compensation strategy the question

How much do influencers cost?” you must treat each creator negotiation as an isolated collaborative moment between the influencer and your brand. The more clearly you can define your budget and your expectations, the better you will know whether or not the cost of a particular influencer is realistic. It may be that the best partnerships cost you a few thousand dollars per post, while others cost you almost nothing at all (in terms of dollars and cents).

Be sure to have a strategy together before entering any buy bulk sms service data creator negotiation. Here are some things to consider.

Know your numbers

Be aware of what you can afford. If you’re negotiating a flat rate, have a maximum number in your head, and don’t exceed it. If it becomes clear that you and your creator won’t be able to come to a rate america email that works for both parties, don’t be afraid to politely end the negotiation.

Some other important numbers to keep in mind include:

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