Every influencer marketing article tells you the same thing: micro-influencers are better value. Almost none of them show you the receipts. So we pulled ours.
We analyzed 1,527 completed, paid creator deliverables from real campaigns that ran on OpenSponsorship between January 2025 and June 2026 - every one a genuine brand paying a genuine creator, with tracked performance attached. Not a survey. Not self-reported rate cards. Actual money, actual posts, actual results.
Some of what we found matches the conventional wisdom. Some of it flatly contradicts it - including one finding that surprised us enough that we double-checked the query twice.
A benchmark is only as good as its definitions, so here are ours.
We took every deliverable marked complete, from deals with a status of "Accepted," created between 1 January 2025 and 30 June 2026. We required a tracked view count above 100 and a recorded fee of at least $50 - this strips out test records and product-only placeholders that would otherwise distort the maths.
That left 1,527 deliverables for the pricing analysis and 1,502 for the follower-tier analysis (a handful of creator records lack a follower count).
We report medians, not averages. Influencer performance is famously long-tailed - a single viral post can drag an average somewhere useless. The median tells you what actually happens on a typical campaign, which is what you're budgeting for.
Two metrics do the work here:
We deliberately do not report engagement rate as a percentage of reach. Reach data is incomplete across the dataset, and a rate calculated on a missing or tiny denominator produces nonsense figures - we've seen "engagement rates" above 70% in raw data, which obviously means the denominator is broken, not that the creator is a genius. Engagement per view is the honest version of that metric, and it's what we use below.
First, the number everyone actually wants: the price of admission.
| Creator tier | Campaigns | Median cost per deliverable | Median views |
|---|---|---|---|
| Nano (under 10K) | 146 | $134 | 1,115 |
| Micro (10K-50K) | 349 | $150 | 989 |
| Mid (50K-250K) | 513 | $417 | 2,606 |
| Macro (250K-1M) | 441 | $517 | 6,974 |
| Mega (1M+) | 53 | $2,727 | 20,123 |
The first thing to notice is how low the entry point is. A nano influencer campaign runs a median of $134. A micro campaign, $150. You can run twenty nano creators for the price of one mega creator and still have change.
The second thing: mega influencers are not as expensive as the industry mythology suggests. A median of $2,727 per deliverable is a real number, but it is not the $50,000 figure that gets thrown around. Those headline fees exist, but they are not the typical transaction.
Here is where the conventional wisdom breaks.
| Creator tier | Median cost per view | Views per follower |
|---|---|---|
| Nano (under 10K) | $0.13 | 0.199 |
| Micro (10K-50K) | $0.14 | 0.046 |
| Mid (50K-250K) | $0.19 | 0.020 |
| Macro (250K-1M) | $0.10 | 0.015 |
| Mega (1M+) | $0.07 | 0.011 |
If you are buying reach, big creators are cheaper. Mega influencers delivered views at roughly 7 cents each - about half the cost of a nano influencer's 13 cents. Macro creators came in at 10 cents.
This runs directly against the standard claim that small creators are the better buy. On raw reach economics, they simply aren't. Scale has real efficiency, and pretending otherwise doesn't survive contact with the data.
But look at the right-hand column, because it's the other half of the story. Nano influencers generated views equal to 19.9% of their follower count. Mega influencers managed 1.1%. That's an 18x difference in how far a creator's content travels relative to the size of their audience.
Put plainly: a nano creator with 5,000 followers routinely does numbers that a follower count alone would never predict. Their content escapes their audience. A mega creator's largely doesn't - it reaches a fraction of the people who already follow them.
Views are not the point. Almost nobody runs a creator campaign because they want people to look at something. They want a comment, a save, a share, a click, a purchase.
So we ran the same analysis on cost per engagement.
| Creator tier | Campaigns | Median cost per engagement | Engagement per view |
|---|---|---|---|
| Nano (under 10K) | 131 | $3.11 | 4.6% |
| Micro (10K-50K) | 281 | $3.05 | 4.3% |
| Mid (50K-250K) | 439 | $7.07 | 2.9% |
| Macro (250K-1M) | 400 | $4.39 | 2.6% |
| Mega (1M+) | 53 | $5.00 | 3.5% |
Micro influencers buy engagement at $3.05. Nano at $3.11. Mega at $5.00. The mid tier at $7.07.
So the micro-influencer thesis is real - it was just always described sloppily. Small creators are not cheaper at buying eyeballs. They are roughly 40% cheaper at buying actions, and their audiences engage nearly twice as hard per view (4.6% versus 2.6% for macro).
That distinction matters enormously for your brief. Awareness campaign? The maths favours a bigger creator. Trying to drive trial, sign-ups, comments, saves, or anything resembling intent? The small creators are the efficient buy, and it isn't close.
This is the finding we didn't expect, and the one we'd encourage you to act on fastest.
The mid tier - creators with 50,000 to 250,000 followers - posted the worst cost per view of any tier ($0.19) and the worst cost per engagement of any tier ($7.07). Simultaneously. Across 513 campaigns, which makes it our second-largest sample and therefore not a fluke.
They are caught in the middle. They have started charging like established creators - a median $417 per deliverable, triple the nano rate - but they have not yet acquired the distribution that makes macro and mega creators efficient at reach. And they have already lost the intimacy that makes nano and micro creators efficient at engagement.
They are too expensive to be cheap and too small to be efficient. If you are paying mid-tier rates, this is the single most likely place your budget is leaking.
We'd flag one honest caveat: this tier is where a lot of "safe" booking happens. The 50K-250K creator looks credible in a deck. It has a real audience, a tidy grid, a plausible media kit. It feels like the responsible choice. The data says it's the expensive one.
We also cut the data by what was spent per deliverable, ignoring follower count entirely.
| Spend per deliverable | Campaigns | Median cost per view |
|---|---|---|
| Under $500 | 957 | $0.10 |
| $500 - $1,000 | 271 | $0.22 |
| $1,000 - $2,500 | 206 | $0.22 |
| $2,500 - $7,500 | 78 | $0.24 |
| Over $7,500 | 15 | $0.41 |
Deals over $7,500 cost 4x more per view than deals under $500. But the median understates the real problem, which is variance.
Within that top band, the 25th percentile came in at a superb $0.065 per view - and the 75th percentile at $1.18. That is an eighteen-fold spread inside a single spend band. Some big deals are the best money you'll spend all year. Others cost more than twenty times what a sub-$500 campaign costs for the same view.
Small campaigns aren't just cheaper. They're predictable. A big deal is a bet; a portfolio of small ones is a plan. Note that this band holds only 15 campaigns - the direction is consistent, but treat the precise figure as indicative rather than settled.
Don't spend less. Spend it differently. This is not an argument for cutting influencer budgets - it's an argument about allocation. The same money, distributed differently, buys measurably more.
Any benchmark that doesn't tell you its weaknesses isn't a benchmark, it's marketing. Ours:
In our data, a median of $134 per deliverable. Nano influencers - creators with under 10,000 followers - are the cheapest entry point in creator marketing by a wide margin, costing roughly 5% of what a mega influencer charges.
For engagement, yes, decisively. Micro influencers (10K-50K followers) delivered engagement at $3.05 each versus $5.00 for mega influencers and $7.07 for the mid tier - roughly 40% cheaper. For pure reach, no: larger creators deliver views more cheaply.
Across 1,527 campaigns our overall median sat between $0.10 and $0.24 per view, depending on spend band. Anything under about $0.15 is strong. Over $0.40 and you should be asking what you're paying for.
Yes. Nano creators saw 4.6% of viewers engage, compared with 2.6% for macro creators - roughly 1.8x higher. They also generate views equal to 19.9% of their follower count, versus 1.1% for mega influencers.
It depends on the goal. One large creator is cheaper per view and better for awareness. Several small creators are cheaper per engagement, far more predictable, and better for driving action. For most performance-oriented briefs, the portfolio wins.
OpenSponsorship is an end-to-end tech-enabled agency connecting brands with more than 15,000 athletes and creators - across every sport, and a long way beyond it. Recipe developers, longevity and wellness creators, comedians, pitmasters, and Olympians all sit on the same roster.
Every number in this study comes from campaigns that ran on our platform, which means we can tell you what a creator in your category is likely to cost and likely to deliver before you commit a budget to it.
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Methodology: 1,527 completed paid deliverables from Accepted deals created between 1 January 2025 and 30 June 2026, each with a tracked view count above 100 and a recorded fee of $50 or more. Medians reported throughout. Data pulled July 2026. Study by OpenSponsorship.