Revenue Streams and Valuing Influencer Services
At 4:55 in
Idaho Painter Podcast
What happens here
The discussion pivots to the guest's various revenue streams as a social media influencer in the painting industry. He explains that he acts as a brand ambassador for multiple companies, which is a significant benefit of building a popular presence on platforms like YouTube. He receives inquiries from companies interested in promoting their products, but he cannot disclose specific company names due to confidentiality agreements. When asked about how he determines his value, he reveals the existence of an app called 'Social Bluebook,' which evaluates a channel's worth. He also mentions using a 'media deck' that details his reach and value, and a 'price deck' for his services. He emphasizes that pricing is often negotiable and dependent on the client's budget. He only works with brands he genuinely believes in and whose products he uses himself.
Goal: Gain insight into how social media influencers in the painting industry generate income through brand ambassadorships and determine their service value.
Tools and materials
- Media deck
- Price deck
- Social Bluebook app