What is the difference between "payment" and "payment range"?

In this article, we'll learn the differences between the payment and the payment range options available on the platform.

Understanding the platform's terms when working with creators can help make the collaboration process smooth and transparent.

Two important concepts to be aware of are "payment" and "payment range." Here's a simple guide to clarify the difference between these terms.

Payment Range refers to the minimum and maximum amount a creator typically charges for a collaboration. This range gives you an idea of the cost you can expect based on the creator's rates. It helps set expectations and provides flexibility depending on the specifics.

If a creator's range is $100-$500:

• Minimum amount ($100): This might be for smaller or less complex projects.

• Maximum amount ($500): This could be for larger or more detailed projects.

Payment is the actual amount agreed upon for a specific collaboration. This amount is decided after discussing the project details and is usually within the payment range provided by the creator.

If you and the creator agree on a payment of $300 for a project, then:

• $300 is the actual payment you will make, even though the payment range was $100-$500.

1. Review the Payment Range: To understand the typical costs of the creators, start by looking at their payment range.

2. Discuss Project Details: Communicate the specifics of your project with the creator.

3. Agree on Payment: Based on the project details and the payment range, agree on a specific payment amount.

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