Social Media Pricing Formula:
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The Social Media Price Calculator estimates the cost of sponsored posts or advertisements based on an influencer's follower count and the rate per thousand followers. This helps brands and influencers determine fair pricing for collaborations.
The calculator uses the following formula:
Where:
Explanation: The equation calculates the total price by multiplying the follower count by the rate per thousand followers (divided by 1000 to get the rate per follower).
Details: Accurate pricing helps influencers value their work appropriately and helps brands budget for marketing campaigns effectively. Rates vary by platform, engagement rate, and niche.
Tips: Enter your total follower count and your standard rate per thousand followers (CPM). The calculator will estimate the total price for a sponsored post.
Q1: What is a typical rate per thousand followers?
A: Rates vary widely ($5-$50 per 1000) depending on platform, engagement rate, and niche. Instagram typically commands higher rates than Twitter.
Q2: Should I charge more for video content?
A: Yes, video content typically commands 25-50% higher rates than static posts due to higher production costs and engagement.
Q3: How does engagement rate affect pricing?
A: Influencers with higher engagement rates (3%+) can charge premium rates, sometimes 2-3x standard CPM.
Q4: Are there other pricing models?
A: Some influencers charge flat rates, per-like rates, or package deals for multiple posts.
Q5: Should I negotiate rates?
A: Rates are often negotiable, especially for long-term partnerships or when offering added value (stories, highlights, etc.).