Hire KOL Livestream: The Secret to Increasing Sales Revenue

Did you know that KOL livestreams can create a powerful viral effect and help your product sell out? Hiring famous KOLs is becoming a trend among businesses today. So, what is the livestream booking process and KOL pricing How to livestream? Let's explore and find the answer in this article.

Why is hiring a KOL for Livestream so effective?

Building trust and connection

Livestreaming with a KOL is not just an online sales session, but also an intimate conversation between the seller (KOL) and the buyer. This direct interaction helps customers feel heard, understood, and more confident in the product. Unlike traditional advertising, livestreaming brings a sense of authenticity and closeness, helping to bridge the gap between the brand and customers. When a KOL sincerely shares their experience using a product, customers can easily imagine themselves using it and thus make a purchase decision.

Leveraging crowd effect and FOMO psychology

One of the important factors that make livestreaming with a KOL effective is the crowd effect. When customers see many people watching and buying products during the livestream, they will feel FOMO (Fear Of Missing Out) and tend to want to own the product immediately. In addition, the direct interactions between the KOL and the audience also create a lively atmosphere, stimulating viewers' shopping needs. Customers often tend to follow influencers, especially when they see friends or celebrities they follow also using the product.

Increasing brand coverage and recognition

KOLs possess a large following, especially those who share interests and care about the fields in which the KOL operates. When cooperating with a KOL, businesses can reach a large number of potential customers that traditional advertising methods can hardly achieve. At the same time, through livestreaming, information about the product and brand will be widely spread on social networks, helping to increase brand awareness and build a positive brand image in customers' minds. Especially, when a KOL shares positive experiences about a product, this creates a strong viral effect, helping the brand quickly become well-known.

What tasks will a KOL Livestream perform?

Conveying brand messages authentically and vividly

One of the most important roles of a KOL in a livestream is to convey the brand's message to the audience in a genuine and vivid way. With the trust that the audience gives to the KOL, the information shared will be more easily received and remembered. The KOL will use their own language and style to turn the dry messages of the product into engaging stories that are close to the viewers' lives.

Directly interacting with the audience, creating connection

The ability to interact directly with the audience in real time is a major advantage of livestreaming. The KOL will answer questions, resolve concerns, and interact with audience comments. This helps create a close interactive space, making the audience feel heard and understood. This connection not only increases trust but also creates a loyal fan community for both the KOL and the brand.

Driving purchasing behavior

The ultimate goal of a livestream is to drive viewers to take purchasing action. The KOL will use persuasive skills, introduce the outstanding advantages of the product, and create attractive offers to encourage viewers to make a purchase decision. In addition, the KOL can also use sales support tools such as discount codes and product links to facilitate customers.

KOL Livestream booking process

Step 1: Clearly define objectives

Before starting any campaign, clearly defining your goals is extremely important. What do you want to achieve through the livestream? Increase sales, enhance brand awareness, or build a loyal customer community? Specific goals will be the compass to help you choose the right KOL and build an effective content strategy.

Step 2: Choose the right KOL

Choosing the right KOL is one of the decisive factors for the campaign's success. You need to consider many factors such as: whether the KOL's target audience matches your target customers, the KOL's engagement level on social platforms, the KOL's credibility in the product field you are doing business in, and whether the KOL's style fits your brand image.

Step 3: Contact and negotiate with the KOL

After selecting the appropriate KOL, you need to contact the KOL or their representing agency directly to discuss the contract. During negotiations, you should pay special attention to issues such as: pricing, livestream content (including topic, script, message to be conveyed, product images, and interaction methods with the audience), livestream timing, benefits for both parties (such as rights to use images, videos, rights to edit and repost content), and other terms (payment methods, responsibilities of each party in case of incidents, confidentiality clauses).

Don't forget to show professionalism and respect to your partner, listen to the KOL's opinions, make reasonable proposals, and work together to find the best solution for both parties. A clear and transparent contract will help both you and the KOL work effectively and achieve common goals.

Step 4: Develop a detailed content plan

A detailed content plan will help the livestream run smoothly and achieve high effectiveness. You need to build a detailed script, prepare props, images, and other supporting materials. In addition, you should also plan for possible situations that may arise during the livestream.

Step 5: Conduct the livestream session

During the livestream, you need to ensure the best image and sound quality. The KOL should also interact regularly with the audience to create a lively and engaging atmosphere. A professional livestream will help you make a good impression on the audience and achieve your campaign goals.

Step 6: Evaluate the campaign's effectiveness

After the KOL finishes the livestream for your campaign, you need to evaluate the effectiveness of the live session through indicators such as the number of viewers, interactions, sales, and customer awareness of the brand. By analyzing specific metrics, you can measure the impact of the KOL in the livestream on the audience, brand, and sales.

How much does KOL Livestream pricing fluctuate, and what factors does it depend on?

KOL Livestream hiring rates

Providing a specific price list for the livestream service with KOL is very difficult, because the price can vary depending on the specific case and the negotiation ability of both parties. Although there is no fixed price, we can refer to some general price ranges in the market to get an overview. Usually, the cost for a livestream session with a KOL ranges from several million VND to hundreds of millions of VND, and can even reach billions of VND for super KOLs. However, this is only a reference figure, and the actual price may be higher or lower depending on the factors mentioned above.

Factors affecting KOL Livestream pricing

Usually, the influencing factors are KOL pricing livestream include:

Commitment

Each livestream campaign with KOLs has its own characteristics and requires different approaches. Therefore, businesses need to be flexible and creative to create unique and engaging content. By leveraging the power of KOLs and direct interaction with the audience, livestreaming will increasingly become an effective and indispensable marketing tool in the digital age.

Do you want to collaborate with professional and reputable KOLs? With an experienced team of experts, the KOL Booking service of DPS.MEDIA JSC will support you in finding and selecting the most suitable KOLs, ensuring content quality and campaign effectiveness. Contact DPS now for consultation and a detailed quote!