Influencer Marketing & Exclusivity
Hi all! I promise I am not spam and I am not selling anything (lol)
I currently work agency-side for a Fortune 50 client. Recently, we experienced a few back-to-back contract breaches, all specifically violating exclusivity. This is frustrating for a variety of reasons, but at the top of that list, we realized they were all caught by accident and this could be (probably is!) happening much more often that neither our agency or brand partners are catching.
My questions for you:
- As a marketer, does this resonate with you? Have you (or even worse- a client!) ever caught a blatant exclusivity breach?
- If so, are you tracking & monitoring in any standardized way?
- If not, do you include exclusivity in your contracts? Are you paying creators for a period of exclusivity?
I'd love to know what industry you're in as well. I promise I have nothing to sell (yet anyway!), I'm just really curious about this aspect of the creator economy and see a gap in the market.
Out of fairness - my own answers for 2 & 3 are this - we are not tracking / monitoring in any real way, and we do pay a premium for exclusivity (our contract standard is 14 days before and after).
Creators - if you want to chime in, feel free to let me know how you feel about exclusivity in general. Have you ever breached your contract (knowingly or unknowingly)? How much of your rates are tied to exclusivity?