Final prices for an Instagram shoutout in dropshipping business depend mostly on a number of followers
- 30,000-50,000 - $5
- 50,000 - $10-15
- 50,000-150,000 - $10-25
- 150,000-300,000 - $20-40
- 150,000-500,000 - $30-60
You may ask why the prices "overlap". The point is that an engagement rate
is also an important factor. The lower it, the lower price you pay. Moreover, a package
effects on prices. If you order (1) a post, (2) a link in bio and (3) a story you pay more than for a post with a link as you reach more audience.
Remember that a link in bio may not be included in the price you get from a blogger. In ideal, agree about a post, a link in bio and a story.
Talk about a discount for 10 or 12-hour posting. Influencers usually charge for 24-hour posting. You may ask for a discount for 10 or 12-hour post, as the audience is engaged more at the very beginning during the first 2-3 hours.
Negotiate about a number of posts in case of long-term cooperation. Discuss bulk and schedule posts.
If you wish to negotiate about commission (not a fixed payment) on all sales that influencers drive, it usually varies from 5 to 10% in dropshipping.