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There are seven important
Speaker:steps I want you to take
Speaker:to make sure your paid
Speaker:your campaign fee on
Speaker:time, so you're still
Speaker:in this early stage of
Speaker:tidying up your campaign
Speaker:quote or scope of works.
Speaker:And these are steps.
Speaker:one through four, you're
Speaker:going to take before you start
Speaker:working on your campaign steps
Speaker:five, six, and seven, you are
Speaker:going to do at relevant stages
Speaker:of the campaign completion.
Speaker:So it might be partway
Speaker:through the campaign or after
Speaker:the campaign's completed.
Speaker:So let's get into a
Speaker:step-by-step guide on securing
Speaker:your paycheck without a hitch.
Speaker:Number one,
Speaker:confirm the entity.
Speaker:So always verify the
Speaker:business name of the
Speaker:company you are working for.
Speaker:You are going to need this
Speaker:for your invoice and it's an
Speaker:essential step to streamline
Speaker:your payment process.
Speaker:So ask whoever you are
Speaker:dealing with, who am
Speaker:I going to invoice?
Speaker:What is the company
Speaker:name that I am going
Speaker:to invoice for my work?
Speaker:Really straightforward
Speaker:question.
Speaker:Number two, confirm
Speaker:the contact details
Speaker:for accounts payable.
Speaker:That's who's responsible for
Speaker:paying your invoice, who you
Speaker:need to send your invoice to.
Speaker:Ask the business to Provide
Speaker:you with the phone number and
Speaker:the email of the person you
Speaker:need to send your invoice to.
Speaker:Don't just get an email.
Speaker:Don't just deal
Speaker:with it via dmm.
Speaker:You want the phone number
Speaker:and the email because this is
Speaker:really important when we get
Speaker:to step six and step seven.
Speaker:Number three, clarify
Speaker:the payment terms and.
Speaker:Or negotiate terms
Speaker:that suit you.
Speaker:So if you are working on
Speaker:a larger campaign, so lots
Speaker:of content deliverables or
Speaker:content deliverables over
Speaker:an extended period of time,
Speaker:consider progress payments.
Speaker:So that is that you might
Speaker:invoice the brand for 50%.
Speaker:On booking you to complete
Speaker:the work and 50% on completion
Speaker:of content delivery,
Speaker:or it might be 25% on
Speaker:acceptance of the work, 50%.
Speaker:On delivery of draft content
Speaker:and 25% on final publication
Speaker:of content on your own
Speaker:channels, negotiate terms
Speaker:that suit you, or if they're
Speaker:smaller brand campaigns.
Speaker:So you might just be producing
Speaker:limited content, so it might
Speaker:be a single post or two posts.
Speaker:Clarify the payment terms
Speaker:with the brands in your
Speaker:communication with them.
Speaker:Say, What are your
Speaker:payment terms?
Speaker:It's that simple.
Speaker:And if you don't like
Speaker:what they come back with,
Speaker:negotiate those terms.
Speaker:You might say, oh, they're
Speaker:not in line with, my
Speaker:acceptable payment terms.
Speaker:I need to be paid within 14
Speaker:days of publication of content
Speaker:on my channels, or 30 days,
Speaker:you know, smaller campaigns,
Speaker:I would expect you're paid
Speaker:within seven to 14 days.
Speaker:Step number four,
Speaker:vendor onboarding.
Speaker:This is really important
Speaker:if you are working
Speaker:with a big brand or an
Speaker:agency, on a larger scale
Speaker:campaign because often.
Speaker:You'll be required to complete
Speaker:a vendor onboarding form.
Speaker:So if you are working with
Speaker:a large agency or an agency,
Speaker:you're not dealing B two
Speaker:B business to business.
Speaker:Ask if you need to
Speaker:complete any vendor.
Speaker:Onboarding forms because if
Speaker:you don't ask this upfront,
Speaker:what will happen is you go
Speaker:and send your invoice and
Speaker:the agency might come back to
Speaker:you and say, oh, we need you
Speaker:to fill in all these forms,
Speaker:and suddenly you are waiting
Speaker:an extra 30 or 45 days for
Speaker:payment of your invoice.
Speaker:So ask upfront if there's
Speaker:any vendor onboarding forms
Speaker:that you need to complete.
Speaker:Now step number five
Speaker:is prepare an invoice.
Speaker:So whether that's at the
Speaker:beginning of the campaign, a
Speaker:progress invoice, or at the
Speaker:end of the campaign, whatever
Speaker:the payment terms that you've
Speaker:negotiated in step three, you
Speaker:need to prepare your invoice.
Speaker:You need to make sure that
Speaker:your invoice complies with
Speaker:any national standards of
Speaker:your country and include any
Speaker:necessary information like
Speaker:your name, your business name,
Speaker:your contact details, a clear.
Speaker:Invoice description.
Speaker:So that might be a narrative
Speaker:that says, for creation
Speaker:and delivery of content on
Speaker:the business of influence
Speaker:channels for this date,
Speaker:whatever the narrative is
Speaker:that describes the campaign
Speaker:that you've just worked on.
Speaker:A price breakdown, so.
Speaker:Excluding tax and
Speaker:including tax if
Speaker:applicable, a total price.
Speaker:And then you need to clearly
Speaker:set out your bank account
Speaker:details and the payment
Speaker:terms, so those payment
Speaker:terms that you've negotiated.
Speaker:Make sure that they
Speaker:are reflected on
Speaker:your invoice as well.
Speaker:So the accounts payable
Speaker:person or the business or
Speaker:the brand knows when you've
Speaker:agreed that you'll be paid.
Speaker:Once you've completed your
Speaker:invoice, you go into step
Speaker:number six, and that is
Speaker:email your invoice, send
Speaker:your invoice over with
Speaker:a cover email expressing
Speaker:your appreciation for
Speaker:the opportunity to
Speaker:work on the campaign.
Speaker:You might wanna add a further
Speaker:personal note as well, because
Speaker:a little bit of courtesy
Speaker:goes a long way, hopefully.
Speaker:You'll be done and dusted.
Speaker:Your invoice will be paid
Speaker:and you'll end up with
Speaker:that, brand campaign fee
Speaker:in your bank account.
Speaker:Congratulations.
Speaker:Sometimes things don't
Speaker:go smoothly though, and
Speaker:we need to move into step
Speaker:number seven, and that's
Speaker:if we've got to chase
Speaker:up an overdue payment.
Speaker:Stay on top of this as soon
Speaker:as your invoice is seven
Speaker:days past due for payment.
Speaker:Send a friendly
Speaker:reminder via email.
Speaker:So you remember you
Speaker:got contact details.
Speaker:You might wanna say
Speaker:something like, hello and
Speaker:insert the person's name.
Speaker:I've noticed that my invoice
Speaker:number, whatever your invoice
Speaker:number is, is now seven
Speaker:days past due for payment.
Speaker:Could you please follow up
Speaker:on this payment of account
Speaker:per our agreed terms?
Speaker:I look forward to receiving
Speaker:confirmation of payment
Speaker:without further delay.
Speaker:Kind regards and your name.
Speaker:Now, if you don't receive
Speaker:a response to this email in
Speaker:two to three business days,
Speaker:then phone the business
Speaker:and speak to someone
Speaker:directly because you've
Speaker:got those contact details
Speaker:back in step two, right?
Speaker:You know who you need to
Speaker:ring when your invoice
Speaker:hasn't been paid, and you
Speaker:wanna chase up that payment.
Speaker:It's frustrating when you have
Speaker:to do this, but you want to
Speaker:make sure that you have all
Speaker:the relevant contact details.
Speaker:So if your invoice.
Speaker:Is overdue.
Speaker:You know exactly who to
Speaker:contact, what their email
Speaker:contact is, and what
Speaker:their phone number is.
Speaker:Get on the front foot, make
Speaker:the call, hustle them along
Speaker:and get that payment in.
Speaker:You can download the checklist
Speaker:for getting paid on time
Speaker:for your influencer campaign
Speaker:and some extra resources
Speaker:from today's episode at the
Speaker:business of influence.com/.
Speaker:At five, that's EP five, and I
Speaker:hope you won't have any bumpy
Speaker:roads to getting paid for your
Speaker:campaign, but these are really
Speaker:great steps for you to take.
Speaker:They're ones that I've been
Speaker:using in my own business for
Speaker:a very long time, and I've
Speaker:found them to be the most
Speaker:efficient and successful.
Speaker:Now, next episode is going
Speaker:to be a bumper episode.
Speaker:We are going to start
Speaker:putting together.
Speaker:All the learnings that we've
Speaker:gathered up from episodes
Speaker:through one to four and start
Speaker:bundling up your campaign
Speaker:quotes or statement of work.
Speaker:So we've stepped through
Speaker:understanding the brief.
Speaker:We've looked at
Speaker:pricing your campaign.
Speaker:We've looked at
Speaker:upselling deliverables.
Speaker:We've looked at how you're
Speaker:going to get paid on time.
Speaker:Now we're gonna start looking
Speaker:at the statement of work.
