Tag: influencer strategy

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Define Your Influencer Marketing Goals

 

A successful and sustainable influencer marketing campaign requires a plan to maintain focus and direction and identifying your goals. This means before you make any content and before you determine your campaign type and find your influencers.

 

If you do these steps before identifying your goals and setting proper key performance metrics, you are less likely to see appropriate returns. This is because the content and influencer you pick more than likely won’t correlate. Thus, wasting your time and other valuable resources required to run a positively functioning campaign.

 

Each goal you set will require a different type of influencer, budget, and resource needs and for you to produce a set of relevant and unique content. You can’t just use any influencer and throw out poor content and think it will work. Over time this will cause more work, confusion, and eat up at your profits and other resources.

 

  • Brand Awareness and Reputation – Your customers need to notice you several times before they feel safe enough to spend money. The more touchpoints you create using your content, the more notice you will get. Running a social media influencer campaign can make all the difference for your business.

 

  • Increased Sales and Leads – Another goal you can have with your influencer campaign is to make more sales. One way to do that is to use the campaign to build your e-mail list. One tactic is to offer the influencer a freebie to give away that only requires their audience to sign up for a newsletter. This act alone will increase sales today and tomorrow.

 

  • Higher Engagement Rate – Another goal is to increase your engagement rate. When you have more engagement and communication that is two-way with your audience, they get to know you better, and you get to know them better. When this happens, they will be more likely to accept your offers because your offers will be more likely relevant to them.

 

  • More Followers or Traffic – If you want more followers, more leads, more anything, you need more traffic. One type of influencer campaign you can do is designed to bring traffic to your site so that they see what you have to offer. Another option is to get them to another social media account instead, but it’s typically best to push traffic to your website.

 

  • Product Launches and Promotions – Using influencers to promote your next product launch or your sale on your products is a no-brainer. Influencers love to help people announce a new product to their customers because it makes them seem like VIPs.

Analyzing Business Models to See What’s Best for You

Remember when you create your influencer marketing goals not to skimp on your goal-setting process. Instead, use the SMART goal-setting process to ensure that your goal is specific, measurable, attainable, relevant, and timely. Then, you’ll never regret planning and implementing an influencer campaign that you’ve seriously planned out because you’re more likely to be successful and reach your objectives.

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Start with the Right Influencer and Target Audience

For influencer marketing to work in your favor, your target audience and the influencer’s audience must match. Before you reach out to the influencer or even understand which type of influencer to work with, you need to identify your target audience, one of the first steps required to running any business and creating products and services that make a real difference within your industry. It’s simple, if you share products, services, or ideas to the wrong audience, you won’t see any conversions.

 

Your target audience consists of a specific group of people with particular characteristics found within your target market. Therefore, your market is a lot broader and not as narrowed down. For example, a target market would be women ages 18 to 26, while your target audience would narrow this down to women 18 to 26 who enjoy travel and fitness.

 

To find the right target audience, you must:

 

Outline the Demographics:

 

To start, you want to outline their demographics which includes:

 

  • Their age and gender
  • Place of work and yearly income
  • Relationship status
  • Ethnic background
  • Level of education
  • Where they live and visit

 

Pretty much any information you can think of to better narrow down your audience. While it can sound a little invasive, it is crucial to ensure you get the information out correctly.

 

For example, if you know most of your audience is located in California, you will have a better time launching your content with their pacific daylight time zone. Furthermore, it helps determine how or what content to create and where to put it. Finally, 18 to 26 are more likely on Instagram than Facebook to give you another example.

 

10 Ways to Get to Know Your Audience Better

 

Highlight their Psychographics and Pain Points

 

This section focuses on why they buy and can better help you communicate your message.

 

Questions that determine this include:

 

  • What common problems do they have?
  • How do they live? What is their lifestyle like?
  • What are their interests and hobbies?
  • What are their buying patterns and habits like?
  • How do they behave in your industry?
  • Do they like brands, and if so, which ones?

 

Compare Your Content and Services

 

Once you have your demographics and psychographics outlined, you can better understand what to create and who to put on your team. Next, you want to compare your products or services to the information you determined above to select your campaign and influencer type better. The most important is that they share your target audience. How big their following is does not matter if their engagement rate is low and their audience doesn’t have any interest in starting.

 

Anything in business, including influencer marketing, starts with your audience. If you can’t determine the right target audience, anything you do next will only lead to poor or inconsistent results.