Ask HN: What is your CPM Target when working with Influencers?
1 JanSchu 0 5/27/2025, 3:30:08 PM
We are in the process of rolling out our first influencer campaigns (saas finance niche).
However, the prices that are being asked of us are simply mind boggling. For a normal in-post feed on Instagram the influencers that we have contacted, ask for prices that convert into a CPM between $35 to $75.
I have to admit that we do not know yet the sales results, but such high CPMs make my head spin from a performance marketing perspective.
Do you have similar experiences? Since for such high CPMs, the conversion rates have to be extremely good to justify the spend.
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