Cody Wittick Profile picture
Sep 23, 2020 9 tweets 3 min read Read on X
1/ Influencer Best Practices 101 [PART 3] (THREAD)

Influencer Contracts - I'm No Lawyer, Send Help! - (Contract Template Provided with Comment Below)

*[PART 4 - ALD] Celebrity Influencer Deals & Pricing
2/ Congratulations, you finally got through the negotiation process with the agent/influencer but now you have to draft up a contract. Even if you just agree on “product for post,” you will want to draft a contract that provides you protection.
3/ Overall, right up front - #1 FTC guidelines are important for both brand and influencer to understand. This needs to be in the contract somewhere, usually as an addendum. If you need help with FTC compliance - InfluencersIQ is a great resource. @RobertFreundLaw is the man.
4/ Take a look at one of the first contracts I used back in the day at QALO. Phew! What I do like about it is: it keeps the main things the main things. AKA - hey influencer, this is all you need to look at. It was refreshing for them
5/ What's missing? Approval Rights. And I learned the hard way. There was one small line in there about aligning on messaging and script prior to shooting content. But there is 0 protection for after they produce. You absolutely need to require the ability to approve the content.
6/ Here is an easy way to implement this into the contract. You can have the influencers submit the content via DropBox, Google Drive, etc by the deadline date. If you are just a brand then that highlighted bullet point would just be Company or Sponsor, not both.
7/ Next - Usage Rights. Whether it's 30, 60, or 90 days or full ownership - if it requires an extra fee, it’s worth spending the money so that you can repurpose the influencer content across your other marketing channels.
8/ One other major point that could be important for your brand - Exclusivity. Name your 1-2 biggest competitors in that first blank and then generally, a 1-week buffer pre/post-campaign is standard across the industry. The Campaign Window should be a minimum of 3-4 weeks
9/ Comment below with specific questions and if you want the Contract Template that can be used for any deal!

Coming Soon - [PART 4] Celebrity Influencer Deliverables, Pricing, Contract, etc - ALD.

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More from @Cody_Wittick

Sep 10, 2024
We've built a Meta ad system to help 8-9 figure ecommerce brands grow profitably.

It can handle hundreds and even thousands of creatives per client.

Save this thread breakdown to test high-volume creative yourself. Image
Let me explain what you're seeing:

➝ Top: ASC, campaigns set on a per offer basis
➝ Under it, 5 ad sets/campaign
➝ Each ad set blends creative to diversify

Each ad set holds up to 50 ads.

Then, winning ads rise to the top and get the majority of spend.

Now let's dive in: Image
Week 1: 150 assets

Seeding to creators. UGC/CGC. Branded content.

The "how" doesn't matter as much, as long as it's human-forward.

We run this with elevated cost controls to offset the favoritism of current ads. Image
Read 10 tweets
Sep 5, 2024
No gatekeeping, this one's straight from our internal Kynship playbook.

Here are 9 creative reporting segments we use to guide creative strategy for 8-9 figure ecommerce brands:

(Save this one to improve your creative approach)
Side note:

These metrics are for the top 5-10 creatives MTD, not the whole account.
If you don't have time for the whole thread:

1. Default metrics (P-E-C-S)
2. Ad Name
3. Spend
4. Website URL (offer)
5. Screenshot (GIF)
6. Preview shareable link
7. Thumbstop Ratio (attention)
8. Sustain Rate (interest)
9. CTR (desire)

+ a bonus

Let's dive in:
Read 15 tweets
Apr 12, 2024
You’ve been lied to. The true profitability metric isn’t ROAS or LTV…

Or gross profit margin…

It’s contribution margin, and if you want to be really accurate, first-order contribution margin.

Below, I break down:

→ The contribution margin formula
→ The importance of first-order contribution margin
→ Why it matters when you’re looking at your ad account
A lot of people look at revenue or gross profit margin as markers of profitability.

These are important metrics, but they’re not the North Star.
The North Star for profitability = contribution margin.

It’s like the CMO meets the CFO.

Here’s what I mean ⬇
Read 9 tweets
Oct 17, 2023
Media buyers… let’s play a game:

Which of these 3 creatives do you think performed the best in our client’s ad account?
CREATIVE 1 Image
CREATIVE 2
Read 4 tweets
Apr 4, 2023
Is this creator a good fit for your brand?

The best choice fit these 3 criteria:

1. Creative Scorecard
2. Audience match
3. Ad ready

+ what to include in the contract 👇
1. Creative Scorecard.
We're grading on 3 things (1-5).

The three C's will guide you.
First: Are they comfortable, charismatic, and creative on camera?

AKA you can bare watching them talk on camera for >5 seconds.

Grade 1: cringy, unbearable to watch
Grade 5: multiple videos kept your attention
Read 24 tweets
Jan 13, 2023
I’ll admit it. I was wrong.

ChatGPT is NOT overrated. It will supercharge your influencer marketing.

Here are TWO ways that save you time & money 🧵(prompts included + a strategy to copy).
AI is not gonna be replacing you any time soon. That said, people who are utilizing it will replace ones who aren’t.

Before you keep reading, RT the first tweet and spread the word.

Let’s get into what ChatGPT’s capable of:
1. Influencer Identification
Read 22 tweets

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