← All letters

A view cap is your worst case. Know it before you sign.

By Paul Taylor · Written from inside live campaigns, not from a content calendar.

In August a sponsored video we placed for a hardware brand hit its view cap before the measurement window closed. The cap was 400,000 views over 30 days. On day 21 the public counter read 442,872. The brand paid for 400,000. The other 42,872 views were theirs at no cost, and the invoice was final the day the cap was crossed.

That is what a view cap is for. When you buy creator video on a cost per thousand views, the cap is the number that tells you the most you can be billed before anything goes live. Without one, a video that takes off sends you an invoice you did not budget for.

Why we price with a cap

A flat fee asks you to guess how a video will perform. A cost per view with no ceiling asks you to accept whatever it does. A cost per view with a cap gives you a price that moves with the result, and a ceiling you can put in a budget line before you approve the creator.

The creator gets the same certainty from the other side. They know the most the integration can earn them, so there is no argument later about which views count. That is one less reason for a deal to stall between approval and upload.

How we set the number

We do not take the cap from the creator’s best month or from a views column someone typed into a spreadsheet. For each channel we read the last 10 uploads on the public counter and take the median. Then we round it to the nearest 50,000, with a floor of 100,000 and a ceiling of 500,000.

The median matters more than it looks. One viral upload drags an average up and makes a channel look bigger than its next video is likely to be. The median tells you what a normal upload does, which is what you are buying.

The rounding keeps the conversation simple. A buyer reviewing a shortlist can read the caps at a glance, and a creator can confirm a round number in one reply.

What to check before you sign

  • The cap and the window. How many views, counted over how many days from publication. Both belong in the agreement, not in an email thread.
  • Where the cap came from. Ask which uploads were used and when they were measured. If the answer is a channel average, ask for the median.
  • Which views count. Platforms change how they count views. Agree on the source you will both read at the end of the window.
  • What happens above the cap. It should be stated plainly that views beyond the cap are not billed.

How to use this

Next time an agency sends you a creator priced per view, work out what the full cap costs at that rate. That number is your worst case. If there is no cap, you do not have a worst case yet, and that is the first thing to fix before you approve the name.

A cap does not limit how well a video can do. It limits what you pay when it does well.

← Letter 040 →