How do brands and influencers negotiate prices for promotion?
Quick answer
Promotion prices come from follower count, engagement rate, content format, deliverable count, usage rights, exclusivity and how niche the audience is. Both sides anchor on these, so a smaller highly engaged creator can fairly charge more than a bigger one.
I never know if a quote is fair, from either side of the table. How do brands and influencers actually negotiate prices for promotion and what decides whether a number is reasonable?