How much do influencers cost?

[hoxesi8100@]

Who hasn't seen or read about the hype around influencer power, right? I mean, the data shows that “nearly 50 percent of millennials worldwide find influencers’ recommendations more engaging than regular advertisements.”

Click here to download 8 free marketing budget templates.

However, I hit a wall as it was time to take the following steps to work with influencers. I had little idea how influencer pricing works and how to budget for it.

To find my footing, I went all in: I deep-dived into pricing data, looked up different partnership options, and got tips from people who’ve been there and done that.

This blog details the full rundown of what I learned. Let’s get into the real side of influencer pricing and budgeting, shall we?

Table of Contents

How much do influencers cost?
The Different Types of Influencer uruguay phone number material Partnerships and How Much They Cost
How To Set Your Influencer Budget
Best Practices for Setting the Right Budget

8 Free Marketing Budget Templates
Free templates to manage your marketing spend across channels.

Product marketing budget template
Paid advertising budget template
PR budget template
And more!
Get Your Free Templates
Learn more
The short answer is the same old phrase from every marketer’s playbook: “It depends.” In other words, if you aim to pin down a magic number for influencer pricing at the onset, you’ll navigate a labyrinth.