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Influencer Marketing: Everything You Need to Know Why You Should Work With Influencers

author image Written by: Wade Morris           Categories - Digital Marketing, Digital Marketing>Social Media Marketing (SMM)

It’s no secret that social media has taken over our daily lives. Networks like Instagram and Youtube have paved the way for new and lucrative career opportunities for those with large followings; these people are known as influencers.

‘Influencer’ isn’t just a trendy internet-era buzzword. This type of social media user can actually help your business thrive – if you know how to use influencer marketing correctly.

Brands have capitalized on the influencer phenomenon by building strong relationships with influencers, who in turn advertise their products and services on social media.

According to Business Insider, the influencer marketing industry could be worth up to $15 billion by 2022. In other words, now is certainly not a bad time to get started.

Read More: Instagram Shares Tips For A Successful Influencer Collab

The following guide will teach you everything you need to know about the world of influencers, including:

  • How influencer marketing can benefit your brand

  • What types of influencers you may come across

  • What kinds of brand campaigns you may launch

  • How to make the most of the relationship between influencers and your brand

What is Influencer Marketing?

Influencer marketing is a strategy that involves publishing content that showcases your brand through a social media account with a high follower count. The owners of these accounts are called ‘influencers’ – they often influence trends, or act as important voices in niche industries. Influencer marketing takes place over every corner of the internet, through platforms like Instagram, Youtube, TikTok, Snapchat, Twitch, and many others.

Benefits of Influencer Marketing

Is influencer marketing actually effective?

YES! According to a study by Twitter and Annalect, 40 percent of users have purchased a product after seeing it used by an influencer.

Here are some of the benefits of taking on this marketing method.

Trust

Trust is one of the most important elements needed to build a strong relationship between an audience and your brand. Fortunately, influencers already have a trustworthy relationship with their followers. These audiences have similar tastes as the influencers they follow, or are interested to see what they recommend. As a result, the audience will already be actively engaged when your brand appears in their feed. 

High ROI

Want a marketing strategy with a high return on investment? Look no further: influencer marketing is more than worth it. Some of the success comes from the fact that every influencer’s following is different. This is particularly obvious with influencers in niche markets. For example, if your product is a vegan snack, you’d find a high engagement rate through a vegan influencer. There are more niche markets than you could count – try to think about who you would market to.

Improves Brand Awareness

Influencers don’t just tell their followers about your brand; they show your brand in action. They’ll usually post an engaging photo or video showcasing your product or service, and they’ll usually attach a caption with some kind of narrative. As a result, the audience quickly becomes familiar with your brand. These static techniques bring your brand to life far more than a plain old advertisement would.

Quicker Customer Acquisition

It’s easy to turn a social network user into a customer through influencer marketing. In fact, a survey from Influence Marketing Hub found that 28 percent of marketers considered influencer marketing to be the #1 fastest-growing method to acquire customers.

Here’s why. If you choose an influencer with the right audience, you’ll easily reach people who will be interested. Plus, social media platforms regularly improve their user interfaces to make it easier for users to shop with one or two clicks.

Cost-Effective

Influencer marketing is great for your wallet, too. That’s because it gives you plenty of options for any budget. Here are some of the choices you may consider:

  • What kind of influencer you work with (these are listed below!)

  • What kind of campaign you wish to launch

  • How long you want your campaign to run

With such a high ROI, you can make any campaign work for your brand.

Types of Influencers

You can split influencers into four categories based on how many followers they have. Each division has its own set of pros and cons, and the type of influencer you choose to work with may depend on a few factors.

Mega-Influencers

These influencers have at least 1 million followers. They are usually celebrities, but many influencers in the world of food, fashion, and travel have managed to build their following just as high. Mega-influencers have a large audience to show your brand off to, but that audience is broad, and you will need a large budget to work with them.

Macro-Influencers

These influencers have between 100,000 and 1 million followers. Most influencers at this level are social media stars, reality TV personalities, star athletes, or popular users within specific markets. These users may not be as big as celebrities, but they still have a recognizable image and can bring your brand to a large audience. However, they may have a low engagement rate, even for niche markets.

Micro-Influencers

These influencers have between 10,000 and 100,000 followers. Most influencers at this level are popular content creators, reality TV personalities, or fairly popular users within specific markets. These users often have a niche audience, which allows them to reach a higher engagement rate than influencers with more followers. They are also less likely to turn away brands, as many of them are still building their following.

Nano-Influencers

These influencers have between 1,000 and 10,000 followers. These influencers might seem ineffective compared to the types listed above, but don’t be fooled by the relatively low follow account; nano-influencers are great for marketers. These users are often trusted voices within niche markets or particular regions, and they can achieve a high engagement rate – especially if your brand is relevant to their following.

The Basic Types of Influencer Partnerships

As the world of influencer marketing grows, many more types of partnerships are popping up. You may choose to create your own strategy, or work with an influencer to form an agreement. However, you should be familiar with the most basic types of agreements with influencers.

Sponsored Posts

This is the most common kind of influencer content, and it’s the most straightforward, too. The influencer agrees to make a post about your brand, and you pay them in return. You may work with the influencer to determine what the content looks like; you may give them full creative control, or ask them to hit on certain “talking points.”

Free Items in Exchange For Posts

Also called product seeding, this strategy involves giving your products to influencers for free so that they can post about them. This is common among influencers who review products or film their reactions to using them.

Commission Link or Discount Code

Customers love discounts and sales. This strategy helps them get your product at a discounted price, and it helps you turn an influencer’s followers into customers. It’s simple, too: the influencer posts content about your brand, and offers a clearly-stated discount code in the description.

How to Facilitate Relationships With Influencers

In order to successfully market your brand with the help of an influencer, you’ll need to build the right relationships. This means fostering trust between yourself and the influencers you choose to work with.

How do you approach an influencer? We recommend taking the “slow and steady” approach – here’s what we mean:

A healthy relationship takes work, and that’s true for your brand’s representatives as well. When you find an influencer you’re interested in working with, don’t dog pile on them with a ton of interactions. Instead, spread them out, slowly working your way into their frame of mind.

Start by simply following them. Over the next week or two, start liking and commenting on their content. Then, you will have developed a minor rapport, and you are ready to send them an offer.

When you reach out to them, make sure you make it clear that you understand their brand. If they call themselves a “wellness” influencer, don’t mistakenly refer to them as a “fitness” influencer. If they have a cheerful tone, consider matching that tone in your correspondence. Ask if they have an email address or agent to speak to, as social media messages tend to get lost.

Tips For Building a Strong Influencer Strategy

Make Sure Your Brand Values Line Up With The Influencer’s Values

If you’re selling luggage, you wouldn’t reach out to a tech influencer – a travel influencer would make more sense. The influencer’s area of interest isn’t the only indicator of a good match. You might also consider:

  • The age group targeted (gen Z? millennials? families?)

  • The tone (cheerful? family-friendly? crass?)

Allow the Influencer to Have Some Freedom Regarding Content and Messaging

Influencers are technically doing business, but they still take pleasure in using social media. By limiting their creative control, you’ll take away the influencer’s ability to insert their natural voice. The end result will be content that seems unnatural, and the audience will catch on.

Instead, let the influencer do what their audience has grown to love, and ask them to hit on certain key points that you wish to get across.

Set a Budget

As with any marketing campaign, you should stick to a clear budget. Remember, you can always continue the relationship you have with an influencer down the road. Otherwise, plenty of short-term options are available that can get you plenty of bang for your buck.

Set Goals

Influencer marketing doesn’t have to feel like an aimless attempt to reach new customers. You can actually shift your strategy to reach a specific goal. Here are some examples:

  • Gain loyal customers

  • Increase sales

  • Develop your brand identity

  • Reach a high engagement level

The Takeaway

In this article, you learned:

  • How working with influencers could help you

  • How to distinguish the four types of influencers

  • What to do before you reach out to an influencer

As the world of influencer marketing continues to grow, make sure you get your piece of the pie.

Wade Morris

Wade brings an energetic approach to writing – he is always on the hunt for stories and angles that matter. With years of experience in journalism and marketing environments, Wade has written about everything from politics to education. Now, he writes about SEO and digital marketing trends.

Facebook Reels are Getting New Ad Options

10/05/2022

Recently, Meta has been trying to up their game by focusing more attention on Reels. That’s because short form content has become one of the most engaging forms of social media today. I mean look at TikTok’s success, moving towards short form content is a no-brainer.

Read More: Meta Introducing New Monetization Tools for Creators

It seems as soon as TikTok gained popularity, Meta has had trouble keeping FaceBook and Instagram on top. However, Meta has announced some new options for Reels ads which, as you can guess will provide more than one benefit.

Reel Ads Intended to Engage Brands & Creators

For Meta to increase their focus on Reels, they need to have incentive for the Reels creators to continue creating them.

That being said, the new ad options will allow brands to engage with this new style. But more importantly, allowing creators to increase their revenue.

2 New Reels Ads

With the announcement of Meta’s new ads for Reels, comes the testing phase.

Currently, Meta is testing an image carousel for displaying ads at the bottom of Facebook Reels. This ad feature would consist of up to 10 images displayed as scrollable ads attached to the bottom of a Reel.

Does this feature ring any bells? If it does, that’s because TikTok has a similar feature for ads as well. Seems like Meta is continuing its trend of mimicking features from other platforms.

Nonetheless this promotional feature is geared to link back to the initial Reels performance. This is great for content creators who make Reels since this provides an opportunity to monetize content further.

Not to mention that it’s an excellent way to attract brands to viral Reels.

Read More: Instagram’s New Tool For Tipping Creators Is Here

Another ad option that Meta is testing is called ‘post-loop ads’. It’s exactly as it sounds, after a Reel finishes a video ad will begin playing. These loop ads can run up to 10 seconds but users can also completely ignore them and skip past. Take a look below to see what a post-loop ad looks like.

Source

This Reels ad option is another opportunity for creators to monetize content. However, when users see the ad notification pop up, you can bet it won’t be a welcome interruption.

But then again, this ad option is still being tested so the way it unfolds might change.

Who Will Win at Monetizing Short-Form Video Content?

Meta is the latest joining the pack of platforms that have already been brainstorming and testing different ways to monetize short-form video content.

YouTube was quick to move on figuring out new ways to monetize short form content. They recently announced that the YouTube Partner Program is now available to creators who produce Shorts. And of course TikTok has been working behind the scenes to make more opportunities for creators to monetize their content.

Read More: Is TikTok On The Decline?

Then again, in the social media landscape things can change as often as the way the winds blows. The coming months will give users a better idea of what’s next for short-form content monetization and who the leader of the pack will be.

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Facebook Introduces Community Chats

09/16/2022

Facebook launched a new feature for Messenger and Facebook groups called Community Chats, Metas CEO, Mark Zuckerberg, announced via a Facebook post.  The goal is to expand the chat experience to more Facebook Groups, so the feature allows you to browse chats organized by announcements, topics, events and more. That way, you can connect with your group members on a deeper level, not just via comments and posts.

The new Community Chats, previewed earlier this year as “Community chat channels,” also resemble social collaboration platforms like Slack, Teams, and Zoom’s upcoming Team Chat. Yes, Meta finding inspiration from other apps isn’t exactly news. However, the social media mogul is still unsuccessfully trying to replicate TikTok with its Instagram Reels.

Read More: Is Facebook The Boomers’ App?

Still, the chats seem to have some cool features, it doesn’t stop at texting. They offer support for audio channels as well, including up to 30 members. People can also turn on their cameras and present.

A new feature will begin testing in the “coming weeks”. Facebook will test a feature called Community Chat within Messenger, which will allow you to create a Facebook group for your casual group chat. Not all groups can access Chats now since the feature is currently only available for certain channels, but Meta says more groups will have the feature soon.

How Does It Work?

It’s on the group admins to choose from several options to help their community connect. The admins can start chats around specific topics, event chats for outings or meetups, broadcast chats for admins to announce group-wide updates or admin-only chats for collaboration with other admins. They can also create audio channels and allow group members to share live commentary.

Once in the audio channel, participants can also enable video. An example Facebook gave involves a chemistry class group. Admins of the group can create audio channels for study groups for chemistry students during finals season, and participants can turn on video for live tutoring during finals.

Read More: How to use Community Chats in Your Group

Admins also got a suite of tools that will help them manage both chat and audio experiences: blocking, muting or suspending group members, and removing members or messages, as well as Admin Assist. The latter allows admins to s

Administrators will be able to use a variety of tools to keep their communities well-maintained, including auto-moderation features that can boot members who post illegal content. They can set custom criteria that will automatically suspend users and remove reported messages, or even stop some violating videos from being sent.

So, Why Is This Beneficial?

You can start a conversation in Groups by posting and commenting, but Community Chats offers a much more effective way. Instead of waiting for comments to accumulate under a post, you can dive right into the topic right then and there and receive real-time responses from your group members.

Read More: Facebook’s Home Tab Will Be A Discovery Engine
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