Why Create an In­flu­encer Agree­ment and How to Do It

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Catrin, UK Solicitor
04/09/2024 ● 2 minutes
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An In­flu­encer Agree­ment is es­sen­tial for de­fin­ing ex­pect­a­tions, pro­tect­ing in­tel­lec­tu­al prop­erty, and en­sur­ing com­pli­ance with ad­vert­ising stand­ards.

Why You Should Create an In­flu­encer Agree­ment and How to Do It

In today's di­git­al age, in­flu­encer mar­ket­ing has become one of the most power­ful tools for brands to con­nect with their target audi­ence. However, as the in­flu­encer in­dus­try grows, so do the com­plex­it­ies of man­aging these part­ner­ships.

An In­flu­encer Agree­ment is es­sen­tial for en­sur­ing that both the brand and the in­flu­encer are aligned on ex­pect­a­tions, de­liv­er­ables, and legal ob­lig­a­tions. Here’s why you should create an In­flu­encer Agree­ment and how Aatos will soon offer a legal tem­plate to sim­pli­fy the pro­cess.

Why You Should Create an In­flu­encer Agree­ment

Cla­ri­fy Ex­pect­a­tions and De­liv­er­ables

An In­flu­encer Agree­ment out­lines the spe­cif­ic tasks the in­flu­encer is ex­pec­ted to per­form, such as the number of posts, con­tent type, and plat­forms to be used. This en­sures both parties are clear on what is re­quired, help­ing to avoid mis­un­der­stand­ings.

Pro­tect In­tel­lec­tu­al Prop­erty

In­flu­encer col­lab­or­a­tions often in­volve the cre­ation of ori­gin­al con­tent. An agree­ment can spe­cify who owns the con­tent and how it can be used, pro­tect­ing your brand's in­tel­lec­tu­al prop­erty and en­sur­ing com­pli­ance with copy­right laws.

Ensure Com­pli­ance with Ad­vert­ising Stand­ards

In­flu­en­cers are re­quired to dis­close paid part­ner­ships, and brands must ensure com­pli­ance with ad­vert­ising stand­ards. A writ­ten agree­ment helps both parties un­der­stand their legal ob­lig­a­tions, pro­tect­ing against po­ten­tial fines or repu­ta­tion­al damage.

Set Pay­ment Terms

The agree­ment can clearly define pay­ment terms, in­clud­ing the amount, pay­ment schedule, and any con­di­tions for re­ceiv­ing pay­ment. This trans­par­ency helps build trust and en­sures that the in­flu­encer is fairly com­pensated.

Manage Po­ten­tial Risks

An In­flu­encer Agree­ment can in­clude clauses that ad­dress po­ten­tial risks, such as non-com­pete agree­ments, con­fid­en­ti­al­ity, and the hand­ling of dis­putes. This legal pro­tec­tion is cru­cial for safe­guarding your brand.

Sim­pli­fy the Pro­cess with a Legal Tem­plate

Draft­ing a com­pre­hens­ive In­flu­encer Agree­ment can be com­plex, but using a legal tem­plate can sim­pli­fy the pro­cess. Aatos will soon offer a de­tailed In­flu­encer Agree­ment tem­plate, making it easy to cover all es­sen­tial ele­ments and ensure that your part­ner­ship is leg­ally sound and clearly doc­u­mented.

How to Create an In­flu­encer Agree­ment

Identi­fy the Parties

Clearly state the names and de­tails of both the brand and the in­flu­encer. Ensure that all rel­ev­ant parties are cor­rectly iden­ti­fied in the agree­ment.

Define the Scope of Work

Spe­cify the de­liv­er­ables, in­clud­ing the number of posts, con­tent type, plat­forms, and dead­lines. Be as de­tailed as pos­sible to avoid any am­bi­gu­ity.

Out­line Com­pens­a­tion and Pay­ment Terms

Detail the com­pens­a­tion, in­clud­ing the amount, pay­ment method, and schedule. In­clude any con­di­tions that must be met for pay­ment to be issued.

Ad­dress Legal Ob­lig­a­tions

In­clude clauses re­lated to in­tel­lec­tu­al prop­erty, con­fid­en­ti­al­ity, non-com­pete agree­ments, and com­pli­ance with ad­vert­ising stand­ards. Ensure that both parties un­der­stand their legal re­spons­ib­il­it­ies.

In­clude a Dis­pute Res­ol­u­tion Clause

Spe­cify how dis­putes will be handled, whet­h­er through me­di­ation, ar­bit­ra­tion, or other means. This helps pre­vent con­flicts from es­cal­at­ing and provides a clear path for res­ol­u­tion.

Sign and Date the Agree­ment

Both parties should sign and date the agree­ment.

Use a Legal Tem­plate

To make the pro­cess easier, con­sider using a legal tem­plate. Aatos will soon offer a com­pre­hens­ive In­flu­encer Agree­ment tem­plate that covers all ne­ces­sary de­tails, en­sur­ing your part­ner­ship is prop­erly doc­u­mented and leg­ally en­force­able.

Final Thoughts

Cre­at­ing an In­flu­encer Agree­ment is es­sen­tial for pro­tect­ing your brand, cla­ri­fy­ing ex­pect­a­tions, and en­sur­ing that your in­flu­encer part­ner­ships are leg­ally sound. It’s a straight­for­ward way to avoid po­ten­tial dis­putes and ensure that both you and the in­flu­encer are aligned on your goals. Keep an eye out for Aatos’ up­com­ing legal tem­plate, which will make craft­ing this im­port­ant doc­u­ment simple and hassle-free.

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