At Favikon, we provide three types of influencer pricing to help brands and creators navigate collaboration costs efficiently. Each type offers different levels of accuracy and customization, ensuring transparency and flexibility for all users.
1. Estimated Pricing
Estimated pricing is calculated using real data, advanced regression models, and a reliable algorithm designed to gauge influencer rates accurately. This estimation considers market trends, engagement rates, audience demographics, and past campaign data to provide a realistic pricing benchmark for each creator.
Note: Estimated pricing is indicative and should be used as a benchmark rather than the actual price a creator may charge.
2. Verified Pricing
Verified pricing is directly set by the creators themselves. Influencers who are part of the Creator Plan can edit their pricing by clicking the 'Edit' button next to their "Price/Post." This feature allows influencers to ensure that their rates accurately reflect their value and services, providing brands with up-to-date and creator-approved pricing information.
3. Spotlight Services
Spotlight Services offer the most detailed breakdown of an influencer’s pricing structure. These prices cover various services by platform and post type, giving brands a comprehensive view of what an influencer offers. By displaying these prices on Spotlight, creators can showcase their specific offerings, such as sponsored posts, story promotions, product placements, and long-term collaborations.
How to Use Pricing Information on Favikon
For Brands: Use estimated pricing as a benchmark, verified pricing for direct negotiation, and Spotlight pricing for a detailed view of influencer services.
For Creators: Ensure your verified pricing is accurate, and use Spotlight to provide transparency and attract more collaboration opportunities.
Note: You may not see pricing for creators who are highly politically active.