The Best Influencer Marketing Platform for Brands & Agencies

Influencer Marketing

Before you dive into Influencer Marketing, it’s important to understand the rules. In the United States, those rules come from the Federal Trade Commission. Once you’ve decided, create a matching set of influencer personas. This will help you understand the qualities you’re looking for in your influencers. In 2017, Sun Peaks Resort, a ski resort in British Columbia, wanted to increase awareness about its own attractions and the fact that the resort is as picturesque as it seems.

  • There has been a significant impact on the latest trends in beauty from Twitch’s cosplay influencers.
  • In addition, you need to communicate how your product or service can help resolve their problem.
  • More and more, we are seeing our clients shift focus to influencer marketing to propel their brand through social media.
  • You’ll be able to see pending applications from influencers who want to work with you and track the status of each one.
  • Meltwater’s social influencer marketing hub keeps everything organized and on-track, so you can manage all of your influencer campaigns and communications from a single dashboard.

Just like any relationship, your influencer program should be a two-way street. If your brand is the only party that benefits, you likely won’t get anyone to agree to partner with you, and if they do, they probably don’t have a great following.

Use multiple influencers to supercharge your message

Product collaborations involve developing a version of a product that reflects influencer’s unique style or specifications. Most of us immediately think about Coke and Pepsi, but there are many more brands as well. Customers can also win by finding a great new product they enjoy. Take your pick from an array of brands that fit your identity and audience. Transparent selection and rewards process makes it easy for you to collaborate on multiple campaigns simultaneously. This means scrolling through their feed and clicking through on posts. A poor engagement ratio to follower count and spam-like comments are signs of a fraudulent account.

An analysis of over 7,000 influencers in the UK indicated that about half of their followers have up to 20,000 “low-quality” followers themselves, consisting of internet bots and other suspicious accounts. Over four in 10 engagements with this group of influencers are considered “non-authentic”. A study of UK influencers which looked at almost 700,000 posts from the first half of 2018 found that 12 percent of UK influencers had bought fake followers. Twenty-four percent of influencers were found to have abnormal growth patterns in another study, indicating that they had manipulated their likes or followers. This app can search out top content shared by influencers based on topic and location. Use it to identify thought leaders and discover potential influencer partnerships based on the quality of the content they share.

Influencer marketing tools

This is an incredible ROI that has nearly 70% of marketers planning on increasing their https://www.wave-accounting.net/ budget over the next 12 months. And as the popularity and sheer number of social media platforms continues to grow, more influencers will arise. Instagram, which launched in 2010, has already made itself into an incredibly powerful social media marketing space that businesses and individuals alike are still learning how to utilize. Influencers are individuals who leverage their personal online brands to partner with businesses that are looking to increase brand awareness, promote events, or help launch new products. These individuals typically have large followings on their social media platforms and have good influence among niche markets. Big brands work with celebrities to promote their products, and entrepreneurs who are just getting started find a way to work with influencers who are still growing their platforms. Ecommerce stores are using influencer marketing in a few key ways, and if you aren’t on board yet, it’s time to join.

Influencer Marketing

Furthermore, if your target audience enjoys the video, they are likely to share it on their social media profiles. Lastly, Onalytica offers powerful analysis features including 12-months’ worth of historical data on your influencers, their social discussions, and your relationship with them. You get access to key insights such as volume trends, share of voice, and share of reach to help you monitor and analyze the impact of your efforts. Lastly, track the performance of your campaigns as a whole and by individual influencers with Engagement Reporting. See which content is driving the most engagement, mentions, conversions, impressions, etc. The report will also rank your influencers to give you insights and encourage them to share and post. Influencer CRM. GroupHigh’s Influencer CRM offers some advanced features to help you track your influencers and manage your relationships with them.

The Impact of Social Media Influencer Marketing

Influencer marketing has exploded over the past several years with the rise of social media stars. This type of marketing is much more powerful than it may appear – which is why you need an influencer marketing strategy. An influencer can purchase fake followers, making them appear to have a much larger fan base than they actually do. When picking an influencer, first make sure their followers were obtained organically. Although this can be done manually, it is much easier to use a tool that checks for you, such as InstaCheck. The tool is designed to detect fake accounts by analyzing their engagement, spam and overall activity. We recommend taking a look at Klear, Traackr and HYPR as great starting points.

Your audience must trust and respect the opinions of the influencers you partner with. You’ll struggle to see a tangible business impact from your efforts.

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