When deciding how much to charge for a blog post or social media exposure, it is quite common for bloggers to decide on a figure without any basis for it.
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Most PR’s who are interested in working with bloggers will expect the blogger to provide them with a rate card. The rate card can make or break a deal and if the blogger is asking for a rate in excess of their current reach, brands will most likely pass on the collaboration.
Bloggers can determine content costs per the below guide by navigating to the Moz Open Site Explorer here. Simply paste your website link to find out your DA. DA, which stands for the Domain Authority, is a guide that helps to rank your site and help determine how well it will perform in the search results on Google.
The next step is to look at monthly Unique Visitors by navigating to Audience – Overview in the website’s Google Analytics dashboard. This should determine the number of users the website has each month and that number can be used to price your blog post. Based on previous campaigns we see these levels to be the most appropriate when pricing content on your site. Some bloggers will also add their time and photographer expense to ensure the creative time is covered.
The table below indicates the pricing based on your website’s reach:
It is important to remember that influencers should practice bespoke content pricing, as every client will have different requirements.
Typically, the charge for a sponsored blog post will depend on the following:
It is important to consider the above points when negotiating agreements as there is not one size fits all and each campaign may require a bespoke package. In addition to the DA, monthly UV’s and the level of work required, we can also rely on the CPM formula to determine the value of sponsored content.
CMP also known as “cost per mille” is a traditional payment model in advertising that measures the reach of an advert. It shows the cost of an advert seen be 1000 people - also known as 1000 impressions. To determine your monthly impressions, login to your Google Analytics dashboard and navigate to Acquisition – Search Console – Landing Pages where you can view the number of site impressions for a specific length of time.
Standard pricing tends to be £5, £10, £15 CPM and to calculate sponsored content price you would need to divide the total number of impressions by 1,000.
For example, if you page generates 50,000 impression you would divide 50,000 by 1,000 to get 50. To determine the final cost of the sponsored content you can multiply 50 by your CPM cost, for example 50 x 10CPM equals £500.