Influencer rate card: How much should marketers pay?
Analysis of 2,500 social media influencers across Facebook, Instagram and Youtube gives marketers an idea of what to pay for sponsored content (Klear).
Key points
- Influencer software platform creates rate card for nano (up to 5k followers); micro (5-30k); power (30-500k); and celebrity influencers (500k+)
- Breaks down rates across platforms
- Instagram posts average from $100 (nano) to $2,085 (celebrity); YouTube video from $315 to $3,857; Facebook post from $31 to $2,400.
- Says Instagram is best performing platform, Facebook least popular
- 77% of influencers are women
- Travel the most expensive category
A rate card is useful, but an understanding of performance would be more useful; do influencers with smaller audiences deliver more cut-through within target audiences than mass reaching celebrities?
Analysts suggest that is the case: eMarketer predicts budgets will shift away from celebrities this year to smaller influencers as marketers target niches and attempt to reduce wastage on fake followers. Meanwhile, Aussie start-up Tribe has convinced investors and marketers such as Keith Weed that micro is the future.
Klear touts a data science team and crack algorithms to give (presumably paying) marketers that kind of insight.
But then, it also boasts a database of over a billion influencers, suggesting one in seven people on the planet – every man, woman and child - is an influencer. So perhaps some work to do on the numbers.