The Payment Guidelines for Influencer Collaborations on Vietnamese Blogspot
Influencer marketing is flourishing in Vietnam. In recent years, Vietnamese influencers and bloggers have been creating successful campaigns for international brands. If youโre looking to tap into that market, Blogspot is one of the most widely used platforms in Vietnam.
In fact, Blogspot is the most popular platform for bloggers across Southeast Asia. If you want to reach Vietnamese audiences, Blogspot will give you the biggest bang for your buck.
๐ Why Blogspot?
First of all, Blogspot is extremely popular in Vietnam. According to a statistic from Statista, Blogspot ranks as the third most-used social media platform in Vietnam below Youtube and Facebook.
Moreover, Blogspot provides Vietnamese bloggers with a simple yet effective platform. It is easy to navigate and requires little coding knowledge. Once you get that basic set up, it allows for a great degree of customization.
They can always customize their Blogspot accounts to suit their aesthetic. Thatโs part of the reason itโs so popular with influencers. Influencers in Southeast Asia love to showcase their personality, style, and interests with their followers.
๐ธ Pricing for Blogspot Collaborations
In 2023, the price for advertising on Blogspot blogs can vary greatly depending on different factors. Below is a list of possible fees associated with advertising on Blogspot blogs.
Blogspot Collaboration Prices By Type
- Sponsored Blog Post: 1,500,000 VND to 3,000,000 VND
- Blog Add Space: 2,000,000 VND to 4,000,000 VND
- Blog Review: 2,500,000 VND to 5,500,000 VND
- Blog Banner Ads: 800,000 VND to 1,500,000 VND
- Text Link Ads: 600,000 VND to 3,500,000 VND
Additional Fees for Blogspot Influencers
- Seo Optimization: 500,000 VND to 2,000,000 VND
- Social Media Shares: 200,000 VND to 1,000,000 VND
- Photo and Video Content: 1,000,000 VND to 3,000,000 VND
The most cost-effective way to advertise with a Blogger is to have them write a sponsored blog post. It provides full exposure to their audience and offers search engine potential as well.
Marketing with Bloggers in Vietnam will not break the bank. For the price of coffee at Starbucks, you can have a Blogspot influencer post about your product.
๐ก๏ธ Payment Methods
Vietnamese people are not keen on credit cards. In fact, it is reported that only 29% of Vietnamese adults have a credit card.
Consequently, when collaborating with Blogspot influencers, itโs best to stick with cash. The most commonly accepted payment methods in Vietnam are Bank Transfer, Paypal, and cash.
However, only a handful of popular Blogspot bloggers will accept Paypal. The time it takes to transfer money with Paypal is not in line with the fast-paced environment of Vietnam.
๐ฒ Currency
Vietnam uses the Vietnamese Dong (VND) as its currency.
๐ Legal Issues
When working with Vietnamese Blogspot influencers, be aware that they may have their own legal requirements. Nevertheless, the contracts they provide will likely be informal.
If you need a legally binding contract, it’s best to have your lawyer draft one.
๐ Timeline
As mentioned previously, a sponsored Blogspot post will only take a few days to complete. If you are working with a popular influencer it may take longer since they are likely to be busy.
However, once you agree to terms and payment, you can expect a Blogspot influencer to stick to their word. Vietnamese people are known for valuing timeliness.
๐ฅ Conclusion
Thereโs no denying that Vietnam is a hotbed for influencer marketing. In fact, according to The Influencer Marketing Factory, the Vietnamese influencer marketing industry is expected to grow from 117 million US dollars in 2022 to 408 million US dollars by 2025.
If you are considering using influencer marketing to promote your brand in Vietnam, Blogspot influencers are a great way to start. It is fast, easy, and will not put a dent in your budget.