Influencer rate = (Followers ÷ 1,000) × CPM × Engagement Multiplier. Engagement is the key variable.
Nano (1K–10K): often product-only. Micro (10K–100K): $100–$1,000/post. Macro: $5K–$50K+.
Higher engagement rate commands 2–3× premium over industry average.
A common baseline is $100 per 10,000 followers, adjusted for engagement rate. Higher engagement = higher rates.
Brands prefer 2%+ engagement. Micro-influencers with 3–8% ER often outperform mega-influencers at 0.5–1%.