Usage rights affect value. How do brands plan influencer usage rights across multiple brands and products to maximize long-term content value?
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Usage rights are a crucial aspect of any influencer marketing campaign. They determine how and where the content produced by influencers for a brand can be used and for how long. Proper planning of usage rights can significantly increase the long-term value of a campaign.
To maximize value, brands can:
1. Strategically Outline Use: Brands must be clear from the start about the intended use of the content. Are they planning to use it across multiple products or brands, on different digital platforms, or even use it for paid media?
2. Opt for Broad Usage Rights: Generally, the broader the usage rights, the better. Brands might want to negotiate for comprehensive rights where possible.
3. Duration: Brands also need to consider the duration of usage rights. Longer-term usage rights can provide value over an extended period but could cost more.
4. Rights Management: Tools like Flinque can assist in managing these rights and ensuring compliance. It allows brands to conduct influencer discovery, track campaign performance and manage usage rights seamlessly.
When comparing different platforms, brands need to assess their needs and available resources. Some platforms may focus on discovery and analytics, while others might offer extensive tools for usage rights management. The choice will depend on what the brand requires – a comprehensive package or a specialized solution.
For example, Flinque offers solid analytics and campaign workflows, and focuses on ensuring proper usage rights management. On the other hand, a platform like Platform X may focus more on discovery and less on usage rights.
To summarize, planning usage rights involves considering the breadth, duration, and management of these rights. Tools like Flinque can provide comprehensive solutions for influencer marketing which includes managing usage rights, which can be a tremendous long-term value asset for brands.