Friday, 31 January 2020

Tips For Successful Influencer Marketing.


Influencer marketing has become so common in today’s digital marketing world and it is a great tool for driving brand awareness. To get the best results from this strategy, you need to put some effort and optimize your campaign. So how do you do this? Read on to find out...

1.       Determine your goals
Do not start influencer marketing without knowing what exactly you want to achieve, have a clear idea of your goals from the outset. This will go a long way in ensuring that you plan your campaign more effectively. You may have various goals for your brand e.g. increasing brand awareness, getting more revenue, or even generating leads.

2.       Define Your Target Audience
This is one of the most basic yet so important influencer marketing tips. Based on your target audience you will be able to strategize your campaign. You may need to consider many factors when identifying your target audience. This may include their age, gender, interests, location, etc. Defining your target audience will help you when choosing your influencers and ensuring that your campaign reaches the right people.

3.       Find the right influencers
After you have identified your target audience you now need to choose the influencers to partner with. You are supposed to perform thorough background research about them and their social media profiles. Here you look at the following
         i.            Engagement rate- this will give you an indication of how engaged their followers are. To calculate this, select a recent post and take the number of likes/comments divided by the number of followers.
       ii.            The range of topics they cover- this will help you to determine whether your brand falls on their niche.
      iii.            Look at the important metrics - A large number of followers doesn’t necessarily mean everyone is paying attention. An influencer with a lower number of followers may have a more active group that has a higher engagement rate compared to a person with a big number of followers. A good way to evaluate engagement is to measure click-throughs to know how many people bother to click on links on posts.

4.       Define your budget
Creating a realistic influencer marketing campaign budget is so vital. You need to define the total influencer budget ahead of time in order to reach your targets. You may also consider giving product freebies to influencers or even inviting them for an industry event as your guest as a way of enhancing your relationship with them. You will also find that micro influencers are more expensive than macro influencers. If you are working on a small budget you might find it more compelling to work with several macro influencers who charge a lower fee, rather than spending your budget on one micro influencer.

5.       Give influencers creative freedom
Influencer marketing is so different from traditional marketing,  while in  traditional advertising  you take total control over all aspects of the campaign,  influencer marketing requires you to leave the content creation bit to the influencer. They are creatives and they resonate with their audience and it would be good to let them fly free. All you need to do is to optimize the content to ensure the message is clear and all the facts are included.

6.       Measure results
You must track your metrics so that you can change or adjust your strategy accordingly. Based on your goals, you can plan which metrics you’ll use to gauge your performance. For example, if you’re goal was to increase brand awareness, then you might look at the number of people reached, and the rate of engagement. You can use different automated softwares such as Google Analytics to know where you’re getting most traffic from. If your goal is to generate revenue, you can create custom affiliate links for each influencer so that you can easily keep track of purchases made using their links. This can help you calculate the ROI of your campaign.

Do you have other tips to share?  Well, we’d love to hear them in the comment section below.

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