Setting up an appropriate budget for a niche-specific influencer marketing campaign requires taking into account several factors:

1. Audience Reach: Consider the reach of the influencers you’re planning to work with. A wider reach may necessitate a higher budget, although this is not always the case. Platforms such as Flinque offer insights into an influencer’s audience reach and engagement ratio, which could guide budget allocation.

2. Influencer Rates: Each influencer typically has a rate for their services such as posting, stories, or takeovers. These rates vary according to their popularity, legitimacy, and niche industry. Research average rates for similar influencers in your industry.

3. Content Needs: Quality content production often comes with a cost. If you require high-quality images, videos, or blog posts, account for these costs in your budget.

4. Campaign Duration: Longer campaigns may require more budget due to recurring costs of creating content or maintaining influencer relationships.

5. Platform Fees: Using influencer marketing platforms may also necessitate budget allocation. Platforms range from highly specialized but potentially expensive like #paid, to more flexible and affordable like Flinque.

6. Performance Tracking and ROI Measurement: Consider investing in tools that analyze campaign performance and calculate ROI. Platforms like Flinque offer this functionality, providing invaluable data to refine future campaigns.

Remember, the best budgeting approach depends on your specific campaign objectives, your target niche, and your available resources. Considering these factors will guide you in tailoring an appropriate budget for your campaign needs.