The Lion's Den
Influencer Marketing Agency Pricing
In this blog, we’ll explore the best influencer marketing agency pricing structures and the services that influencer marketing agencies provide brands. Trying to calculate your budget for an influencer marketing campaign can be difficult. Many different factors go into how much brands need to spend to run a campaign, and you have to consider all of them before launching your influencer marketing efforts.
One of the biggest decisions brands make about their influencer marketing campaigns is whether or not to work with an influencer marketing agency. If that’s something you’re considering, it will affect your influencer marketing costs.
In this blog, we’ll explore influencer marketing agency pricing and the services that influencer agencies provide brands. Use this information to help your brand plan your influencer marketing budget and strategy.
What Does an Instagram Marketing Agency Do?
Influencer marketing agencies serve to connect brands with influencers who can promote their products. Without an influencer marketing agency, a brand’s marketing department can struggle to keep up with all the demands of running an influencer marketing campaign in addition to other marketing efforts. Working with an influencer marketing agency eliminates this problem.
Not only do influencer marketing agencies find and recruit strong influencer candidates for brands’ influencer campaigns, but they also manage campaigns and report the results of the campaigns back to the brands.
Some influencer marketing agencies focus on specific social media platforms while others run campaigns and work with influencers across several major platforms. Instagram marketing agencies — agencies that specialize in influencer marketing campaigns on Instagram — are some of the most in-demand marketing agencies today. Nearly 80% of brands consider Instagram the most important platform for influencer marketing campaigns.
What Does an Instagram Marketing Agency Do for Brands?
Instagram marketing agencies provide influencer marketing campaign strategies and management specifically tailored to Instagram. The same campaigns that perform well on another platform like YouTube, for example, won’t necessarily provide the same results on Instagram. That’s why Instagram marketing agencies create campaigns made to succeed on Instagram.
It all starts with curating a strong group of Instagram Influencers. There are at least half a million influencers on Instagram, so Instagram marketing agencies take on the task of finding the best influencers for each brand. Then, Instagram marketing agencies typically present the brand with a list of influencer candidates for the campaign and let the brand choose the ones they like best.
Once the Instagram influencer marketing campaign is underway, the agency manages the campaign to ensure all the influencers are doing what they need to do. The last key role of an Instagram influencer marketing agency is to report the results of the campaign, so the brand can see how successful it was.
What Does an Instagram Marketing Agency Do for Influencers?
Instagram marketing agencies primarily market their services to brands, but they can also help influencers monetize their platforms. Influencers who work with Instagram marketing agencies may find it much easier to locate and participate in sponsorship opportunities.
These agencies reach out to promising Instagram influencers and offer them the option to participate in brand campaigns. During campaigns, Instagram influencers can smoothly communicate with their Instagram marketing agency to solve any issues that arrive.
Simply put, Instagram marketing agencies do the same thing for influencers that they do for brands — simplify the influencer marketing process.
How Much Do Marketing Agencies Charge?
The costs that marketing agencies charge for influencer marketing can vary dramatically. Agencies have different pricing structures for different platforms, types of influencers, etc.
Prices can range from 1,000 to 18,000 per month, and these costs vary mostly depending on what tier of influencers your brand is working with, what niche you are in, and how many campaigns you are running.
Tiers of influencers are broken down roughly as follows:
- Nano influencer rates (1k – 10k followers): $10 – $100 per post
- Micro influencer rates (10k – 100k followers): $100 – $1k per post
- Macro influencer rates (100k – 1 million followers): $1k – $10k per post
- Mega influencer rates (1 million+ followers): $10k+ per post
While they are the most expensive and have the largest audiences, mega and macro influencers aren’t always the best choice. Smaller brands or brands targeting niche audiences can have great results from partnering with nano and micro-influencers.
What Does an Instagram Marketing Agency Charge?
As we mentioned above, it’s hard to give a clear estimate of influencer marketing agency pricing, as pricing models vary.
Each Instagram marketing agency creates its own prices for its services, and these influencer marketing prices can vary significantly. These agencies often don’t even use the same influencer marketing pricing models. So how much does an influencer marketing campaign cost? Some of the factors that affect how much you’ll have to pay an Instagram marketing agency to run an influencer campaign include:
- Instagram Followers- The influencers you choose for your campaign and the number of followers they have will have a direct impact on your final campaign costs.
- Experience- The more experience and expertise the agency has, the more it’s able to charge.
- Technology- Some Instagram marketing agencies rely on advanced technology and resources to ensure strong results for their campaigns. This may increase the price of their services.
Compare quotes from several Instagram marketing agencies to help estimate your influencer marketing budget. Using an influencer cost calculator is another option.
How Much Do Influencers Charge Per Post?
As with Instagram marketing agencies, there’s a lot of variety in Instagram influencer pricing. So how much do Instagram posts cost?
The prices that influencers charge is dependent on factors like:
- Follower count
- Engagement rate
- Type of sponsored content
- Duration of the campaign
Taking all these factors into account, the average influencer rates can be as low as $10 and as high as $10,000 or more. Keep in mind that TikTok influencer pricing will be different from Instagram influencer pricing, and micro and nano influencers will be cheaper than macro and mega influencers. All of these factors are important to keep in mind when planning your influencer campaign budget for influencer partnerships.
How Lionize Can Help With Your Instagram Influencer Marketing Campaigns
Lionize has simplified the influencer marketing process with our artificial intelligence software that does a lot of the work for you. It can find the best influencers for your campaigns, help you reach out to them, pay them, track campaign results, and more.
Article written by
How Do I Get Influencers To Promote My Brand?
Influencer marketing is a powerful method that more and more brands are using as a pillar of their marketing strategy. This promotional strategy involves forming a partnership
How Do You Ask Influencers To Collaborate?
In this blog, we’ll walk through the most common methods for influencer outreach as well as provide some templates for crafting great messaging that will get influencers
Why Are Social Media Influencers So Effective?
Influencers, or social media stars that have monetized their online presence through paid brand collaborations, have mastered the art of audience engagement. Most influencers create content around
Is Influencer Marketing the Same as Social Media Marketing?
Influencer marketing has been rising in popularity in recent years. If you’re interested in getting started with influencer marketing, you may wonder if it is the same
What Makes a Great Influencer?
Influencer marketing is an excellent way for brands to promote their products or services. However, it can get confusing when it comes to finding great influencers for
What Are the Three Main Goals of Influencer Marketing?
Having the right goals in place is important to make your influencer marketing efforts a success. However, you may be wondering what the main goals of influencer
What Platform Is The Most Used For Influencer Marketing?
Social media has forever changed how we use the internet, consume media, and think about buying products. Content creators, also known as “influencers,” have emerged on all
Why Is Instagram The Best Platform For Influencer Marketing?
What makes Instagram different from other social media and why is it the most effective for influencer marketing? Read on to learn about the app’s journey to
How Do You Drive Sales Through Influencer Marketing?
In this blog, we’ll discuss how to drive sales through influencer marketing, how usage rates affect the way you work with creators, and, ultimately, how influencer marketing
How Do Influencers Attract Customers?
Influencer marketing is one of the newer forms of marketing, which leaves people with lots of questions about how it works. One of those questions speaks to
How Do You Develop an Influencer Strategy?
Step one in pursuing influencer marketing to promote your brand is developing a solid influencer strategy. Your strategy lays the groundwork for your entire campaign and can
Is Lionize the Best New Influencer Marketing Hub of 2022?
This article will cover the importance of influencer marketing, why you should use an influencer marketing hub, and what makes Lionize stand out from other options. Keep
What Is the Best Influencer Marketing Hub for Instagram?
This article will go over what you need to know about influencer hubs for Instagram, tools for Instagram influencer marketing, and what the best option is for
What Is the Best Influencer Marketing Hub for TikTok?
If you’re looking for a TikTok influencer marketing hub to find influencers and manage TikTok influencer campaigns, this article will outline what you need to know.
Influencer Marketing News
If you’re looking for resources to keep up with the latest influencer marketing news, trends, and strategies, this article will outline everything you need to know. Keep
What Makes Someone a Microcelebrity?
In this blog, we will dive into the concept of the microcelebrity, provide industry context and benchmarks, and discuss how brands can find microcelebrities to work with.
What Is a Good Engagement Rate for Micro-Influencers?
Read on to learn more about engagement rate and how it differs across influencer tiers, as well as how micro-influencers have become a major player in the
Why Brands Choose Micro-Influencers
Influencers focus on two things as they get started with monetizing their digital presence: building their personal brand and forming relationships with their audience (aka followers). This
What Follower Count Is Considered a Micro-Influencer?
This blog will explore micro influencer marketing in detail, including answers to the questions, “what is a micro influencer?” and “how much does a micro influencer get
How Do You Find Micro Influencers To Work With?
Finding the right influencers for your campaign can be a challenge, especially when you want to work with micro influencers — influencers with between 1,000 and 100,000
Are Micro Influencers Better?
As micro influencers gain more attention in the influencer marketing space, some marketers are starting to wonder, are micro influencers better than other influencers? Let’s explore what
How Do I Reach Out to Micro-Influencers?
When developing an influencer marketing campaign, one of the most challenging tasks is often finding the right influencers for your brand. The influencers you choose will play
Which Brands Work With Micro-Influencers?
In this blog, we’ll round up some of our favorite examples of brands that have successfully implemented influencer marketing into their strategy, from macro- to micro-influencers. We’ll
How Much Do TikTok Influencers Get Paid For a Sponsored Post?
The price you pay for each sponsored TikTok post will have a huge effect on the overall cost of your TikTok influencer marketing campaign, so it’s important
Where Can I Find TikTokers to Collab With?
Fortunately, finding TikTok influencers for your influencer marketing campaigns is easier than it sounds. Whether you’re looking for TikTok micro influencers or mega influencers, use this guide
Why Is TikTok a Good Marketing Strategy?
TikTok isn’t just the home of popular new dance moves and trendy songs. It’s also a social media platform that brands can use to great effect in
How Much Does It Cost to Hire an Influencer on TikTok?
If you’re considering using TikTok influencer marketing for your business, you may be wondering how much it costs to hire an influencer on TikTok to promote your
How Do You Find Influencers on TikTok?
TikTok influencer marketing is a great way to expand your brand’s reach to targeted audiences. However, finding the right influencers to work with can feel like a
Is TikTok Good for Influencer Marketing?
If you’re wondering if TikTok is a good option for influencer marketing, this article will outline what you need to know about the benefits of using TikTok
How Many Followers Do You Need to Be an Influencer?
This article will outline everything you need to know about how many followers are needed to be an influencer, the different tiers of influencers, and how different
Examples of Influencers on Social Media
This article will outline examples of social media influencers, what success looks like for different types of influencers, and how influencer marketing can benefit both influencers and
What Is Social Influencer Marketing?
More companies are shifting their attention to social influencer marketing since it is an effective promotional method for brands in any industry. This article will take a
How Much Do Instagram Influencers Charge?
Having an estimate of the cost per post will help you get an idea of how much you should budget for influencer marketing. This article will outline
Do Influencers Use Instagram Ads?
This blog answers the question of how influencers run campaigns and if influencers use Instagram ads.
Social Media Influencer Marketing Examples
This article will cover the effectiveness of social media marketing and provide examples of companies that have successfully used social media influencer campaigns.
The Keys to Successful Influencer Marketing Campaign
What are influencers, how do they help inspire purchasing decisions, and what makes a successful influencer marketing campaign? Find out our answers and top tips here.
What Do Instagram Influencers Post?
Thanks to the popularity and constant innovation of social media platforms like Instagram, content creators have found a way to monetize their social following, turning their online
What Brands Are Doing Influencer Marketing Well?
We share some great examples of influencer marketing campaigns and explain how your brand can begin working with social media influencers.
What Are Some Examples of Influencer Marketing?
Read on to learn more about the different types of social media influencers, see examples of what influencer marketing looks like, and even get some examples of
Five Influencer Marketing Examples on YouTube in 2022
The creators and types of content that perform well on the platform are ever-changing. That’s why marketing teams, especially those ready to dip their toes into influencer
What Is An Instagram Influencer Marketing Agency?
Launching an influencer marketing campaign on Instagram can be intimidating, which is why many brands turn to an Instagram influencer marketing agency.
How Do Influencer Marketing Agencies Help Influencers?
Influencer marketing agencies are experts at running influencer marketing campaigns smoothly. They help both brands and influencers through the process of setting up and managing their influencer
What Is an Influencer Management Agency?
Navigating this ever-growing world of influencer marketing can be complicated and overwhelming. It helps to have an experienced, knowledgeable partner on your side. That’s where an influencer
How To Find A Top Influencer Marketing Agency For Your Business
Finding the right influencer marketing agency for your business can be a bit tricky, though, which is why we put together this guide for finding a top
How Much Does It Cost to Hire an Influencer Marketing Agency?
How Much Do Influencer Marketing Agencies Make?
Let’s break down some of those questions, starting with “what is an influencer marketing agency, exactly?”
How to Use a Micro Influencer Agency
The challenge for brands that want to tap into the marketing power of micro influencers is finding and contracting the micro influencers they need for their campaigns.
How to Choose an Influencer Marketing Agency for Your Small Business
This article will outline how influencer marketing agencies can help small businesses, how much you should budget for influencer marketing, and how to choose the best agency
What Does an Influencer Marketing Specialist Do?
An influencer specialist works with social media influencers to promote client products and services and creates effective campaigns to reach target audiences.
Social Media Influencer Marketing Statistics
This article will cover statistics showing the effectiveness of influencer marketing, how it impacts consumer behavior, and will provide you with strategies to boost the ROI of
How Profitable Is Influencer Marketing?
This article will explain how profitable influencer marketing is, why it’s an effective marketing strategy, and how much influencers make.
Is Influencer Marketing on the Decline?
This article will tell you if influencer marketing is declining, how effective influencer marketing is, and what to expect in the future for influencer marketing.
Influencer Marketing Statistics for 2023
Statistics show why influencer marketing is an excellent strategy for marketing products and services on social media.
Five Benefits of Influencer Marketing in 2023
If you’re ready to take your brand to the next level in 2023, read on to learn more about the benefits of influencer marketing and where the
What Is the Impact of Influencer Marketing on Consumer Behavior?
Many different types of marketing can accomplish this goal, but one worth taking a close look at is influencer marketing. In this post, we’ll explore the impact
What is influencer marketing and why is it so important to marketers?
In today’s marketing landscape, reviews and word-of-mouth recommendations are paramount, with 84% of customers noting that reviews are important in their purchasing decisions. It’s no wonder, then,
What Are the Top 5 Tips for Implementing Influencer Marketing?
If you run a business with an online presence, you may be wondering what is the best way to use influencer marketing. Taking a closer look at
What Is a Social Media Influencer Strategy?
Influencer marketing is no longer an emerging trend, but rather a sound strategy that plays a huge role in many teams’ marketing toolkit.
Are Influencers the Future of Marketing?
Between 2016 and 2022, the market size of the influencer marketing industry grew 46.9% annually on average. That growth just goes to show how much marketers are
Which Influencer Marketing Platform Is Best?
Working with an influencer marketing platform can simplify things, but even then, you still need to decide what platform is best for your brand.
Micro Influencers On Instagram in 2023
A major prediction about influencer marketing trends in 2023 is that more and more brands will turn to micro influencers.
What Is The Future of Influencer Marketing?
The power of influencer marketing for brands cannot be underestimated. In fact, influencer marketing’s market value is at a record USD 16.4 billion in 2022. This number
How to Brainstorm Influencer Content Ideas
There’s no one-size-fits-all answer for coming up with great influencer content ideas, but there are some tips you can apply to make brainstorming those ideas easier. Let’s
Which Social Media Platform Is Best For Influencer Marketing?
The global consumption for social media has significantly surged in the last decade and has continued to shape the way we promote brands and ideas
Successful Influencer Marketing Examples
If you’re exploring an influencer marketing strategy, this article will give you a rundown of top brands that have used influencer marketing successfully and how Lionize can
What Is Influencer Marketing?
Influencer marketing gets more popular every year, but there are still a lot of questions about this form of marketing. Today, we’re breaking down the basics of
How Successful Is Influencer Marketing?
Influencer marketing burst onto the scene as one of the most exciting forms of digital marketing, and it isn’t going anywhere anytime soon. The global influencer marketing
Why Is Influencer Marketing so Effective?
Influencer marketing has seen significant growth in recent years due to its effectiveness. However, you may be wondering why it is effective and what its benefits are
Influencer Marketing and Brands
Collaborating with influencers provides a unique way to promote products that will help your brand stand out from the competition. This article will cover how brands work
The State of Influencer Marketing in 2023
Influencer marketing continues to be a top marketing tactic in 2023. More marketers and brands are taking advantage of the opportunities presented in the influencer space. This
Is Influencer Marketing Effective in 2023?
If you are in the social media or digital marketing space, you’ve likely heard of influencer marketing and its usefulness as part of a marketing campaign. However,
What Are Some Good Examples of Influencer Marketing?
Influencer marketing is an engaging way for brands to connect with different audiences within their niche or industry. It can increase consumer awareness, trust, and engagement. Influencers
Ways To Turn your Influencers Into Brand Advocates
Converting your influencer to a brand advocate is the next step in influencer marketing. Brand advocates transform a campaign into something personal.
Ultimate Guide to Design Authentic Influencer Content
Influencer marketing is more than just finding Influencers. Learn how to properly market your product on social media through authentic content creators.
How to Develop a Community With Your Influencer Partners
Building your influencer community is an important part of marketing on social media. A good community will lead to better, more authentic content.
Determining the Right Influencer Audience
Analyzing what the influencer's audience can offer you key insights that will make you decide on if they're the right fit for your partnership.
Influencer Marketing is a Must
Influencer marketing is a fantastic way for your brand to become quickly known as not only do you get an endorsement from the influencer but you also
The Influencer Activation Dictionary
Meet the Influencer Marketing Dictionary; your new secret weapon for commonly used influencer marketing terms.
We’ll help you find the perfect partners for your brand. Let our network of limitless Influencers build brand awareness and drive your digital traffic goals.Book a demo
Finally, a platform that removes the heavy lifting of Influencer campaign management. Free your time to focus on your client’s creative strategy.Book a demo