How to update your creator rates on #paid
- What to include in your rates
- How suggested rates are calculated
How to update your creator rates for each individual brand collaboration
Updating your Rates
In your Account Settings
Suggested rates are populated under each deliverable based on norms across the industry and our network of Creators. We recommend keeping your rates aligned with the suggestion to ensure your content is priced fairly and competitively.
The suggested rates are calculated using measurements of efficiency and not just follower size. The more engaged your audience is with your content, the higher the suggested rate will be.
Suggested rates use your last 12 posts in the last 6 weeks to reward frequency of posting. If your suggested rate is higher or lower than you anticipated, this could be a result of the posts that are being used in our calculation.
In a Collaboration Opt-In
When you receive an opt-in, review all the aspects of the campaign. If you scroll down to the bottom, it will allow you to set all applicable rates for the campaign in question. Here, you can adjust your rates as necessary based on what's required for the campaign. Try to keep your rates are close as possible to what you had set in your Account Settings – otherwise you might find yourself priced out of that campaign's budget.