Affiliate Contract

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Affiliate Contract (part of the agreement while signing up)

This Affiliate Contract (hereinafter referred to as "the Agreement") is entered into by and between Blu Technology (hereinafter referred to as "Blu Tech") and the content provider (hereinafter referred to as "the Content Creator"). This Agreement shall be effective as of the date of the publication of this document of August 29, 2023, and supersedes the prior agreements of July 10, 2021, July 14, 2022 and July 12, 2023.

Blu Technology Affiliate Contract

This Affiliate Contract (hereinafter referred to as "the Agreement") is entered into by and between Blu Technology (hereinafter referred to as "Blu Tech") and the content provider (hereinafter referred to as "the Content Creator"). This Agreement shall be effective as of the date first mentioned above.

  1. Obligations of the Content Creator

1.1 The Content Creator agrees to create content on behalf of Blu Tech as per the agreed-upon specifications, including keywords, content creation timelines, and length. All content requirements will be discussed and signed within this Agreement before creation, publication, or payment.

1.2 The Content Creator agrees to provide all created content exclusively to Blu Tech. All rights to the content shall be the property of Blu Tech.

1.3 All content created by the Content Creator shall be subject to approval by Blu Tech prior to official publication.

1.4 The Content Creator shall post the authorized content on their channels within 30 days of the agreement, failing which they shall be held liable for any violations.

  1. Payment Terms

2.1 The Content Creator shall receive payment for their services as stated and agreed upon in the signed Agreement. All video, reel, or other content payments shall be paid in full within 30 days after the content is authorized and posted online.

2.2 The affiliate agrees they are to wait 45 days for payment and must have over the $100 threshold in order to receive affiliate payouts.

2.3 The affiliate agrees to be paid via PayPal.

2.4 The Affiliate/Social Media Content Creator agrees to fill out the necessary tax forms (such as the W-9 and 1099-misc./1099-NEC) and acknowledge their status as independent contractors. They will file the appropriate tax forms with the IRS and hold Blu Technology LLC harmless if they neglect to do the proper reporting to the IRS for tax purposes.

  1. Tax Information

3.1 W-9 Form: The W-9 form, also called the Request for Taxpayer Identification Number and Certification, is used to gather information from individuals or businesses who are being hired as independent contractors or freelancers. The form is completed by the freelancer or contractor to provide their taxpayer identification number (such as a Social Security number or an employer identification number) to the hiring company.

  1. As an independent social media content creator there are several tax forms you may need to consider for tax purposes. The specific forms required can vary depending on your business structure and income level, but here are a few common ones:
  2. Form 1099-MISC/1099-NEC: If you receive income of $600 or more from a single client or platform, they may issue you a Form 1099-MISC/1099-NEC to report your earnings. This form shows the total amount you were paid throughout the year.
  3. Schedule C: This is a part of the individual income tax return (Form 1040) and is used to report your income and expenses from your self-employment business. It's the primary form to report your profit or loss as an independent content creator.
  4. Form 1099-K: If you receive payments through third-party platforms, like PayPal or Stripe, and your total sales exceed a certain threshold (usually $20,000 and 200 transactions in a year), you may receive a Form 1099-K. This form reports the gross amount of payments you received.

Please consult with a tax professional or accountant for personalized advice based on your specific situation.

  1. Forbidden Activities

4.1 The Content Creator agrees to refrain from promoting any competing products after posting Blu Tech's product on any of their channels. Any violation of this clause will void the agreement/contract.

4.2 If the Content Creator has received any free product(s) from Blu Tech, they agree to return the product(s) at their expense and refund 50% of any content promotional monies within 30 days upon promoting any competing products.

  1. Channel Assessment and Consideration

5.1 Each channel or platform the Content Creator advertises Blu Technology on will be assessed individually, considering factors such as the number of subscribers, followers, fans, members, etc.

5.2 When analyzing a social media channel to gauge its influence, there are several key factors Blu Tech considers. Here are some important aspects we focus on:

  1. Audience size and demographics: Consider the number of followers, subscribers, or connections a social media channel has. Additionally, investigate the demographics of the audience to understand if it aligns with your target market or desired reach.
  2. Engagement metrics: Assess the level of engagement the channel generates. Look for metrics such as likes, comments, shares, retweets, or any other relevant interactions. High engagement indicates an active and involved audience.
  3. Reach and impressions: Evaluate the potential reach and impressions generated by the channel. Consider the number of people who see the content, whether through organic or paid means, to determine its visibility and potential impact.
  4. Content quality and consistency: Analyze the quality and consistency of the content being shared on the channel. Look for unique, valuable, and relevant content that resonates with the audience. Consistent posting schedules also indicate a dedicated content strategy.
  5. Influencer collaborations: Take note of any partnerships or collaborations the social media channel has established with other influencers, brands, or organizations. This can signify that the channel is recognized and respected within its niche.
  6. Brand perception and sentiment: Assess how the channel's audience perceives the content and the associated brand. Monitor comments, mentions, and sentiment analysis to gauge whether the overall perception is positive, negative, or neutral.
  7. Conversion and impact: Look for evidence of the channel's ability to drive actions or conversions. This can include clicks to external links, purchases, registrations, or any desired actions that align with the channel's goals.
  8. Trend analysis: Monitor the channel's ability to keep up with current trends, discussions, and conversations within its niche. The ability to generate timely and relevant content demonstrates its relevance and influence within the industry.

5.3 While analyzing a social media channel's influence Blu Tech involves a holistic approach, considering both quantitative and qualitative measures.

5.4 When analyzing a content creator and their social media impact, there are several key factors Blu considers. Here is our main step-by-step process that helps help us make an informed decision:

  1. Engagement rates: Look at the content creator's engagement rates across different platforms. Monitor likes, views, comments, and shares to assess how involved their audience is with their content.
  2. Subscribers and followers: Take note of the content creator's subscriber and follower count. A large following indicates a potentially wider reach for your brand.
  3. Channel growth rate: Analyze the growth rate of their channel or social media accounts. Consistent growth indicates a loyal and expanding audience.
  4. Impressions: Evaluate the number of impressions their content generates. This indicates how many times their posts are displayed to users.
  5. Average view duration: Determine the average amount of time viewers spend watching their content. A high average view duration demonstrates engagement and captivation.
  6. Target audience: Understand who the content creator's target audience is. Analyze their demographics, interests, and preferences to ensure alignment with your brand's target market.
  7. Geographic location: Determine where the content creator's target audience is located. If their target audience aligns with your brand's target market in terms of geographic location, it can increase the effectiveness of their influence.
  8. Pricing: Influencer's pricing for content creation can vary greatly depending on their reach and impact. Blu Tech researches industry standards (and based on many of the mentioned factors) and we negotiate accordingly. Keep in mind that influencer pricing is not universal and varies from one creator to another and same with Blu Tech's terms of payment and content creation.

5.5 The more channels and different content provided on each channel; the higher the potential overall agreed contract payout(s) may be.

The main Influencer levels, Blu Technology classifies each influencer under can vary between industries and platforms. However, influencers are commonly categorized as:

  1. Micro-Influencers: These individuals have a smaller following but tend to have highly engaged communities. Micro-influencers typically have a following ranging from a few thousand to around 100,000 subscribers or followers. Their smaller but engaged community allows for more personalized interactions and niche expertise.
  2. Mid-Tier Influencers: These influencers have a moderate following and are often considered subject-matter experts in their respective niche. Mid-tier influencers typically have a following ranging from around 100,000 to a few hundred thousand subscribers or followers. They have a moderate reach and often specialize in specific topics or industries.
  3. Macro-Influencers: These influencers have a larger following and wider reach. They often collaborate with brands on a more extensive scale. Macro-influencers usually have a larger following, often ranging from a few hundred thousand to millions of subscribers or followers. They have a wider reach and can collaborate with brands on a larger scale.
      6. Content Distribution Priority

6.1 Blu Tech will prioritize content on YouTube, followed by Instagram, and then other platforms.

  1. Dispute Resolution

7.1 In the event of any dispute or disagreement arising under this Agreement, both parties agree to strive for an amicable resolution through mediation. If mediation fails, both parties agree to resolve any disputes in the designated mediation location in Kalamazoo, MI, and refrain from harassment, slander, or publicly stating any negatives about one another.

By signing up online for our program and/or accepting free products, the affiliate and/or influencer acknowledges and agrees to enter into this binding contract with Blu Technology LLC.