Marketing

How Much Does Influencer Collaboration Actually Cost in 2024?

By Kamil Lewandowski, Influencer Lead·May 20, 2024·7 min read

At Syrenka Media Lab, we don't like guessing. Over the last 5 months, we've vetted 142 price lists of Polish creators, from those in Warsaw to those in small towns. In this text, we'll lay it all out and show you how much online noise that actually converts into cash in your register costs today.

Micro-creators: Efficiency for small money

We start with the base – accounts that have from 5,000 to 18,000 followers. In March 2024, we ran a campaign for a local coffee roastery in Warsaw's Mokotów. We chose 4 such people. The average price for one video on TikTok was exactly 620 PLN net with them. These are people who have very close contact with their viewers. Every comment under their video gets a reply, which builds trust you can't buy from big stars.

If you think small reach is a waste of time, check our numbers. From these four collaborations, the client generated 87 direct orders within the first 11 days of the action. The cost per customer acquisition was around 28 PLN. This is a great result considering their average shopping cart was 134 PLN. With micro-creators, you mainly pay for the time spent recording and access to their specific, loyal audience.

It's worth being careful, though. Many small creators don't have a registered business yet. This means you have to deal with specific civil contracts, which generates extra work for your accounting. At Syrenka Media Lab, we handle this for the client because we know no one has time to fill out declarations for each influencer individually. The record holder in this category in April 2024 priced themselves at 1,250 PLN, but had an engagement level of 12%, which is a stellar result.

A small creator for 600 PLN can sell more than a celebrity you pay ten times as much just to post a photo.

Mid-tier and solid reach

We're moving to the heavyweights – accounts with 50-150 thousand followers. Here the fun starts for real. The average rate for one dedicated video on TikTok in May 2024 oscillates between 3,400 and 6,800 PLN. The price depends on whether the influencer has to go into the field or records at home. Remember that here you're paying not just for production, but for reaching a mass of people in a short time.

We did a test at Syrenka Media Lab for a clothing brand in February 2024. We engaged a creator with 92 thousand followers. Cost: 5,100 PLN net for one video and three stories on Instagram. The effect? The video was watched by 143,200 people in 48 hours. This is the firepower modern advertising is about. No fluff – you pay for your product to be seen in one evening by as many people as fit into the National Stadium almost three times.

Negotiations in this segment are tough. Creators already have their managers who watch every comma in the contract. They often add fees for so-called fields of exploitation, i.e., the right for you to post that video as your ad on Facebook or TikTok. The standard surcharge for 30 days of image use in paid ads is usually 50-100% of the base amount. We'll always deliver so that these costs are as low as possible for the client's budget.

You pay for your product to be seen in one evening by as many people as fit into the National Stadium almost three times.
Mid-tier and solid reach

TikTok Stars: When is it worth spending 15,000 PLN?

The biggest players, having over 500 thousand followers, are a separate league. Here prices rarely fall below 12,000 PLN for one short film. Is it worth it? It depends on your goal. If you want the whole of Poland to know about your new app in one weekend, this is the way for you. In June 2023, we led a project where one post from a top creator generated 1.2 million views in a week.

Remember, however, that with such reach, you lose precision. Everyone watches it – from teenagers to people your age. If you sell a specialized hammer drill, spending 18,000 PLN on a TikTok star might be burning money. We at Syrenka Media Lab always check demographics first. If 70% of a creator's viewers are kids and you sell insurance, we'll tell you straight: don't do it. We make noise that sells, not just noise that looks good in stats.

With big contracts, securing dates is key. Top influencers have calendars booked 3-4 months ahead. If you're planning a product launch for September, you must sign the contract by June at the latest. We've seen cases where brands tried to enter at the last minute and paid a 'haste tax' of an extra 5,000 PLN. We don't make such mistakes because we plan campaigns with clockwork precision.

Hidden costs no one tells you about

The price for the video itself isn't everything. In 2024, adding travel costs becomes standard if recordings are to be at your company's headquarters. On average, it's 1.50 PLN per kilometer plus the cost of a hotel if the influencer travels to Warsaw from the other end of Poland. At Syrenka Media Lab, we always ensure these costs are included in the initial quote. Nothing spoils a boss's mood like an extra 800 PLN hotel invoice for an influencer that no one mentioned before.

Another thing is props. If an influencer is to prepare a complicated test of your product, e.g., run it over with a car or throw it into a pool of jelly, you pay for that. The average cost of preparing such a 'production' with a mid-sized creator is an extra 1,000 - 2,500 PLN. In March 2024, we organized a session where the set materials alone cost 1,420 PLN. You need to keep this in mind when planning a marketing budget.

Don't forget taxes. Most rates given by influencers are net amounts. You must add 23% VAT to that. If the creator isn't a VAT payer, the cost to you still grows by income taxes in the case of civil contracts. At Syrenka Media Lab, we focus on transparency. You get one amount from us and you know nothing will surprise you. Check our numbers – we save clients 14% of the budget on average thanks to efficient package negotiations.

Hidden costs no one tells you about

How to negotiate so you don't overpay?

Negotiations are an art based on data, not smiles. Before you start talking price, ask for stat screenshots from the last 30 days. You're interested not in the number of followers, but in post reach and link click counts. In April 2024, we rejected a collaboration with a creator who had 200k fans, but his videos were watched by an average of 8k people. He wanted 6,000 PLN per post. That would have been the most expensive dead reach in our company's history.

A good method for lowering the price is buying packages. Instead of one video, order three with a two-week interval. Most influencers we work with give a discount of around 15-20% for a package of three videos. It pays off for both parties – the influencer has guaranteed work for a month, and you have a lower unit price and better brand reinforcement in viewers' heads. One shot rarely builds sales; you need repeatability.

Remember payment terms. Influencers are often young people who want money 'now'. If you offer payment within 3 days of publication instead of the standard 21 days, you might gain an extra 5% discount. Since 2018, when we started in Warsaw, we've tested dozens of such tricks. Our rule is simple: we respect the client's money as much as our own. We'll deliver cheaper and better because we know where the influencer industry hides its margins.

Negotiations are an art based on data, not smiles. Check 30-day stats before transferring even a zloty.