Chapter 1
IN THIS CHAPTER
Getting the lay of the land
Approaching social media platforms like a pro
Redefining “influence”
Knowing what your business needs to launch successful programs
Congratulations! You’ve arrived at the era of influencer marketing: an exciting, interesting, fresh, ever-changing, and seriously fun time to be a marketer! You’re gonna love it here.
What makes influencer marketing so compelling? For one thing, it simply couldn’t have existed before now. Influencer marketing brings together age-old concepts but gives them a modern, social media twist, and then distributes them across platforms that change almost daily. And the results are stunning.
Influencer marketing is unprecedented and truly differentiates itself from the old marketing practices. In fact, it challenges most of them. This new medium pushes traditional boundaries — and that’s a good thing! Consumers (the folks you’re marketing to) are savvier than ever. It’s your job to keep up.
In this chapter, you get an overview of what influencer marketing is and why it should matter to you — whether you know it or not!
So, what is influencer marketing exactly, and why are marketers so darn excited about it? Influencer marketing is the art and science of engaging people who are influential online to share brand messaging with their audiences in the form of sponsored content.
Advertisers have always used celebrity endorsements as a way to increase awareness and improve perception of a brand, because people tend to trust celebrities they admire, and sometimes aspire to be like them. Influencer marketing is similar in concept, but it has ushered in a new way to define celebrity. In addition to TV and movie stars, pro athletes, and musicians, celebrities of the social media world exist now, too. People can build big, engaged audiences on social media, such as through blogs or Instagram. And those social media influencers wield influence over their audiences, akin to celebrity influence. Brands then work with these social media influencers to create a new kind of celebrity endorsement.
For example, maybe a new energy drink has just come out, and they want to market themselves as a “perfect boost for busy women.” They decide that — in addition to email blasts, online display ads, and in-person events — they’re going to reach out to influential female bloggers who write about their busy lives (and include information about the new energy drink). To engage these influencers, the energy drink’s marketing team will
Of course, influencer marketing is not quite that simple, and these are actually quite time-consuming and involved, but the idea is sound.
So why influencer marketing? What makes it so impossible to have done before and so hot right now?
A slew of social media platforms are out there, but this part of the book, focuses on the six big ones:
Regardless of how many new tools emerge, when you’ve mastered the basics of these six platforms, you can manage influencers anywhere.
Blogs were arguably the first form of user-generated content that attracted advertisers. When the web evolved from top-down editorial content (content that was published on websites, much like magazines and newspapers were published, without any way for audiences to interact or respond to that content), bloggers were the first people to attract true, measurable, engaged audiences. Blogs allowed for commenters, which meant bloggers (publishers) were interacting with their audiences. This two-way communication was revolutionary, and entire communities formed around blogs. Advertisers followed.
Since 2000, blogs have evolved from being primarily text-heavy outlets for sharing opinion and personal stories, to a dizzying world of highly visual, readily shared content.
Blogs are still a mainstay of influencer programs. Here’s why:
No other social media tool has enjoyed Instagram’s meteoric rise to prominence. People of all ages (especially under the age of 34) love perusing and sharing snapshots and short videos called Instastories of people’s lives, whether they know them IRL (in real life) or not. Instagram is fun and easy to use, and though marketers were once hesitant to believe that fleeting photos on Instagram could do much for brands, nearly 95 percent of retailers are now on Instagram!
Working with influencers on Instagram is fabulous because
Twitter has changed the news cycle, and the way social media-savvy users consume news. Any event will be discussed and shared as it unfolds in real time on Twitter. Twitter is the platform for the world’s social commentary, whether it’s serving as a political megaphone for citizens reporting live from the trenches, or a humorous collection of ongoing reactions to this season’s Bachelor finale.
Facebook is where social media users check in and check up on family and friends (mostly people they know in real life). Twitter is where users go to find out — or share — what’s happening in the world at large with thousands of users they (mostly) don’t know. Therefore, Twitter is great for
Although Facebook isn’t quite as popular as it once was among the under-25 crowd, millions of Americans check Facebook daily. Marketers have to be there! But being there can be tricky. Facebook changes its algorithms, policies, and ad serving regularly — what worked today may not work tomorrow. It’s tough — but critical — to keep up.
For that reason, when it comes to Facebook, working with influencers is fantastic. Here’s why:
After soaring onto the scene, fueled by users who couldn’t get enough of the beautiful, educational, and aspirational tool, Pinterest has established itself as an absolute must for any product-based brand. Pinterest drives more traffic to online retailers than any other site.
Here’s why Pinterest is great for influencer marketing:
Video influencers are, in some ways, the holy grail of social media influencers. In some cases, their videos reach millions of adoring viewers who can’t wait for the next installment — and to be told what products to try. A popular beauty expert who makes a video about the perfect bronzer will directly affect sales of that bronzer.
In the influencer marketing world, video is its own special entity. The most popular video influencers are often quickly scooped up by agents or agencies, which makes it difficult for brands to work directly with them. Popular video influencers can also command much higher compensation than other types of influencers, especially if they have six- and seven-figure followings.
The good news is, as video production tools continue to become more ubiquitous, more affordable, and easier to use, there are more up-and-coming video influencers than ever before. Now that you can film nearly theater-quality movies with your camera, more and more people are entering the video influencer world and amassing thousands of viewers who aren’t necessarily reading blogs, checking Pinterest, or using Twitter or Facebook. And when done well, a sponsored video can be as beautiful as a TV ad, while being more authentic and compelling to viewers.
Allow influencers great creative freedom. Building a video audience isn’t easy to do, and the influencer knows her audience best. If you want her to incorporate brand product or messaging into her work, you have to be willing to allow her the flexibility to do it her way.
If you’re working with highly inexperienced and less popular video influencers, be willing to offer help — from editing resources to script ideas — and expect more back-and-forth communication throughout the process.
You may have the most creative, most stupendous ideas for an influencer program. Hooray! But your fabulous ideas won’t make a lick of difference if you don’t know which influencers to engage or how to engage them. This section gives you six keys to engaging stellar influencers.
Women influence up to 90 percent of purchasing decisions in U.S. households. So, it almost doesn’t matter what you’re selling — appealing to women simply makes sense.
This doesn’t mean you should ignore male influencers in favor of working with female ones. It just means that it makes sense to start by identifying female influencers. The good news here is that women use every social media platform as much as (if not more than) men, share more product information online than men, and make a greater number of purchases as a direct result of social sharing than men do.
Search for influencers who create great content that is (at least somewhat) related to your brand and who demonstrate engagement with their audiences — as evidenced by comments; followers on Facebook, Instagram, YouTube or Twitter; and social shares per post.
Beyond engagement, relevancy is critical. It seems perfectly reasonable and logical for a marketer to want to go after the “biggest” influencers they can find, but big doesn’t mean relevant. For instance, say you have a client who is launching a new gluten-free protein bar, ideal for people who are fit and athletically inclined. At the outset, it might seem like a great idea to try to work with a prominent gluten-free food blogger on this program. But what if that blogger never writes about fitness and never recommends packaged products? She may have 300,000 monthly blog visitors, but it’s not likely that any of them care about prepackaged fitness foods, even if they’re gluten-free.
Compare that to a blogger who may only have 25,000 monthly visitors, but whose stories focuse on her new gluten-free lifestyle as she trains for a marathon. In this case, you’d be better off working with the smaller blog. Even if the numbers won’t look as great in some reports, the program can gain more traction with the smaller blog’s audience.
If you’re a marketer and you need to show impressive numbers in your program report, keep in mind that there’s a lot of ways to make a dollar. If your program goal is to meet a million social impressions, you can get there with one prominent influencer whose blog garners a million monthly visitors. But you could also get there with four bloggers, each of whom gets 250,000 visitors a month — or, better yet, with 100 bloggers, each of whom has 25,000 visitors per month. At the end of the program, the 1 million number would look the same, but you’d have 100 different pieces of content from 100 different perspectives and 100 different audiences.
Influencers are human beings. You want to approach working with influencers professionally, but not so professionally that you come across as a robot (or worse, a spambot).
As Chapter 3 explains, reaching out to influencers to ask them to work with you isn’t as simple as sending a mass PR mailing. Outreach should be personal, thoughtful, and tell the influencer what’s in it for them. Putting in the time to craft customized outreach is time-consuming, but it always yields better results than a spray-and-pray approach.
This may sound like a small, tactical concern, but it’s not. Bringing a contract into your influencer relationship makes sense for myriad reasons:
When influencer marketing was still a new phenomenon in the social media sphere, brands that compensated influencers for their work were considered shady. By the old public relations standards, that’s not how things were supposed to work., Brands would simply send publications information or products in the hopes that the publications would feature them. PR folks applied the same approach with bloggers.
The industry has moved past this. Influencers expect to receive compensation in return for their work. Plus, compensation should reflect that the influencers are doing work on behalf of brands regardless of how the content “performs.” If an influencer goes to the store, buys a new salad dressing, creates a beautiful dinner featuring that salad and salad dressing, blogs her salad recipe, and features gorgeous photos of the salad, all her work deserves compensation regardless of how many comments her blog post receives.
When it comes to compensation, cash is almost always preferred by influencers. It may be acceptable for a brand to offer products or services instead of cash, as long as those products or services have a monetary value equal to or greater than the cash equivalent; even then, some influencers may take offense at being offered “payment” that won’t actually pay the bills. “Paying” influencers in “blog traffic” by featuring them on a brand site is not acceptable.
Measuring the right stuff doesn’t just help your influencer marketing programs; it helps you recruit the right kind of influencers.
Never, ever begin an influencer program before you can answer the question, “What will success look like?” If you don’t know how you’ll measure success, how will you know if you got there? And if you don’t know what your goals are, how will you know what to measure? For more information about how to measure campaign effectiveness, see Book 9.
Here are some guidelines to consider:
An effective approach to measuring a program’s efficacy matters to influencers because it guides what they need to do. If you’re clear on what you’re trying to achieve, you can be clear about which influencers you need, and what you ask them to produce. (Influencers don’t want to create useless content any more than you want it created!)
Being upfront with influencers about what you’re trying to achieve makes your offer more compelling, and helps the influencers feel that they’re in a true partnership with you.
No matter what size business you have or what kind of marketing or PR background you come from, you can make influencer marketing work for your business — as long as you keep in mind what influencer marketing can and cannot do! The various approaches outlined in this section can serve as the foundation for the influencer programs you’ll build.
If you represent a large, established brand and you’re looking to launch or enhance your influencer marketing programs, you likely have the experience, resources, and budget to regularly run large-scale programs.
If you’re an established brand, you’ve obviously been successful with your marketing and PR programs. Way to go! You have systems and processes in place for your marketing efforts, you know what works, and you have a budget in place for ensuring your campaigns are successful. You should be able to implement all the tips and tricks in your influencer marketing efforts. Use your scale and experience to your advantage!
You probably already have access to more data and metrics for influencer marketing than you realize. Many social media metrics tools — the ones you’re already using to monitor your social media programs — have add-ons for measuring influencer activity. Research what your current tools can already do to help save budget while ensuring you’re measuring your programs’ successes.
Speaking of measuring success, according to a 2015 study performed by influencer marketing agency Tomason, businesses are, on average, making $6.50 for each $1 spent on influencer marketing (https://www.adweek.com/digital/study-influencer-marketing-pays-6-50-for-every-dollar-spent/
). That’s quite a statistic! Data like these support influencer marketing ROI figures and should make an easy case for diverting more marketing budget to influencer marketing.
Given the demonstrable ROI, hiring a dedicated person to oversee influencer marketing makes sense. Just as businesses were once reluctant to hire full-time social media resources and now have entire social media teams and agencies, influencer marketing is deserving of full-time strategizing and implementation.
As an established brand, the best reason to use influencer marketing is to help give your brand a fresh perspective. Allowing influencers to tell your story lets other consumers see your brand through their eyes. Handing over the “storytelling keys” to influencers breathes new life and personality into brands that may otherwise feel too staid to consumers.
As a large and sophisticated company, you have greater flexibility to really leverage influencer marketing and make it work for you. Here’s how:
What’s more, this man may then further investigate the vacuum he’s read about by going to an online retailer and looking up the model to read reviews. It’s extra powerful to have influencers write reviews directly on retail sites (with full disclosures that they’re being paid for their reviews) to help move the customer from intent to purchase.
You don’t have all the experience and budget of the major brands, but that doesn’t mean you can’t rock influencer marketing! In some ways, you’re actually more likely to be able to enjoy success with this new marketing medium because you’re more nimble and better able to try new things. You can absolutely use your size and lesser-known brand name to your advantage!
What you may lack in resources (budget and human capital) will impact the size and length of your influencer programs — you simply won’t have the ability to run giant programs again and again.
If you have a lesser-known brand, you have more creative freedom. The social media influencer sphere is attracted to innovation and self-expression. The less forced influencer marketing is (that is, the less a brand insists on stringent brand and editorial guidelines when working with influencers), the more likely the program will be to garner users’ attention. Take chances and let your influencers get creative with their assignments!
As you’re working to create more awareness of your brand, you’re building your social media presence. Influencer marketing is especially useful at helping companies build their social media followings on Twitter, Facebook, Pinterest, Instagram, and so on.
You want to get the most out of your investment, especially because your marketing dollars are likely to be spread thin. Keep these tips in mind as you approach influencer marketing:
Being a startup is tough in every way. You’re struggling to build something great internally, while ensuring that potential customers know you exist. Often startups turn to influencer marketing because they think it’s a fast, cheap (read: free) way to get a lot of traction with brand awareness. And although that’s not exactly true, there are ways to make influencer marketing work for startups.
The very best advantage you have as a startup is that you’re new and fresh. Maybe you want to be first to market with a cool new concept. Maybe you can do something no one has seen before!
Find influencers who care about being trendy and who want to know, see, or do things before their peers, and appeal to this desire — you’ve got something no one else has. If you can’t pay them, offer them first looks, tours of your workspace, beta versions of products before they’re on the market, or stock/equity in your company.
Be creative! As you’re trying to get your brand name out there, you have tons of freedom to try new things. PR “stunts” are safer to try. Consider collaborating with potential influencers to do something radical!
Startups tend to make the following mistakes when it comes to influencer marketing. Avoid doing the following:
If you’re limited in resources and budget, be very deliberate in how to leverage influencers and know exactly what you’re going to get out of a program before you start one.