TikTok, also known as the overseas version of Jitterbug, is currently the fastest growing social platform in the world, with 8 new users joining almost every second. The short-form video app is the go-to place for sharing fun videos and trending music, and I'm sure brands have taken note of this. With so many people around the world attracted to TikTok, there is no doubt that it is a superior medium for brand communication and product promotion. If your brand wants to run an influential marketing campaign on TikTok, you may be keen to know how much it costs to market and how much the online celebrity KOLs on TikTok charge? To provide constructive help to advertising brand owners, IZEA has found some data from years of Netflix salary data to provide some reference. Can you trade your product for a post from a TikTok internet celebrity blogger? A few years ago, influential bloggers would be paid with free products in exchange for positive reviews or a free display on their page, but those days are gone. Nowadays, most influencers, regardless of channel, want to be paid directly to create content and promote it to their followers. If a brand asks a Netflix KOL to test a product or showcase it in content images, the product should be sent to the Netflix they endorse and sign up for free. What are the factors that affect the price of a weblebrity? IZEA has concluded that there are several factors that increase the cost of marketing TikTok's weblebrities: Fan base and audience size Obviously, weblebrities with a large audience of followers charge more. For example, Kim Kardashian, who has 306 million followers on Instagram, charges between $300,000 and $500,000 for an endorsement. While her pay is certainly at the head of the pack on Instagram, it does show a direct correlation between pay and follower size. The type of content...
