It's evident that influencer marketing is trending. If you scroll through any social media platform, you will see different creators peddling various products and services. Businesses have realized the potential of influencer marketing and are utilizing it to reach new audiences and promote their brand.
However, this form of marketing has its challenges. It can be challenging to locate influencers that complement your brand and who will generate high-quality content that speaks to your target market. There is a solution to this problem- influencer management software that can help you find creators.
But even with influencer relationship management software, there are certain things you should consider before committing to an influencer marketing campaign. Here are vital questions to ask yourself:
1. What are my goals for this influencer marketing campaign?
The first step is determining your goals for the marketing campaign. Are you looking to increase brand awareness, generate leads or sales, or promote a new product or service? Once you know your goals, you can start looking for one that aligns with those objectives.
2. Who is my target audience?
Before looking for influencers, you need to understand your target audience clearly. Knowing who you're trying to reach with your campaign will make finding creators influencing that particular audience easier. Consider conducting market research or using social media analytics tools to find your target audience.
3. What type of influencers do I want to work with?
There are different types of influencers, from A-list creators to micro-influencers. It's important to consider whom you want to work with based on your budget, target audience, and objectives. Micro-ones may be a better option if you're working with a limited budget since they typically charge less than A-list.
4. What kind of content do you want the influencer to create?
The content that influencers create should align with your brand and objectives. You should also consider the platform where they will be creating content. For example, choosing one that makes videos on YouTube would be a good option if you want to increase brand awareness. To find them that create the type of content you're looking for, use influencer relationship management software that allows you to filter creators by content type.
5. How much will you spend on this influencer marketing campaign?
Knowing your budget for this campaign and what you are willing to spend on each post is essential. If you have a limited budget, consider micro-influencers, who typically have a smaller following but charge less per post.
6. What platforms do you want the influencer to use?
They should be active on the platform where your target audience spends time. For example, if you're trying to reach millennial women, consider working with one who is active on Instagram.
7. What is the influencer's engagement rate?
The engagement rate is a metric that tells you how often their followers interact with their posts. A high engagement rate indicates that the influencer's followers are interested in their content and are more likely to see your brand's message.
8. What is the influencer's reach?
The reach is the number of people they can reach with their content. If you want to increase brand awareness, an influencer with a large social media following can help.
9. Does the influencer have a relevant following?
It's essential to ensure that their followers are relevant to your brand. For example, if you sell fitness equipment, you'll want to work with one with a following of people interested in health and fitness.
In all your research, you should be looking for one that is a good fit for your brand. Remember that the size of their following isn't the only thing that matters – engagement and relevance are just as important, if not more.