Six tips for best practices in influencer marketing

November 29, 2019
Posted in Tech
November 29, 2019 Tumelo Moloi

HaveYouHeard co-founder McFadyen, who is the agency’s strategic head, outlines his vision of influencer marketing best practice in six tips. Mcfayden emphasises the need for clear objectives and measurements, as well as accurate profiling of the influencer, the audience and the target market.

Influencer marketing in South Africa had yet to raise its hand as a new marketing tool when HaveYouHeard first launched. 

About five years afterward, it did. As a result, its learning trajectory was steep but fast, and today, its expertise in the influencer marketing arena is acknowledged by global brands (and clients) such as Jeep, PanzerGlass and Martell — as well as local institutions such as Old Mutual and the Foschini group alike.

Here six tips on how to get the most out of influencer marketing:

1. Integrated thinking is key

Don’t treat influencer marketing as a tactic or inconsequential add-on to a campaign. What works today is integrated thinking and integrated execution. Use influencer marketing with purpose and based-on insight so that it can add value to the over-arching campaign.

2. Drop the one-size-fits-all mentality

Influencer marketing succeeds in myriad ways for myriad reasons. As complex and varied as our personal human relationships are, so too are the relationships we have with influencers.

3. Identify the right influencer

It almost goes without saying that identifying the right influencer is key. Even more important is knowing how reliable they are when it comes to output, how ‘safe’ they are for the brand and where they are in their own product life cycle — are they growing in influence, stable or declining?

4. Always profile the audience

We engage an influencer because of the influence she or he has over others. Who those others are is paramount to the success of the campaign because it informs the idea, the tone, the treatment and the mechanics.

5. Unpack and clarify the ‘why’

Understanding why you have opted to utilise influencer marketing is vital because this has a direct impact on his or her role and output. For example, if the ‘why’ is to drive sales, the influencer’s outputs would be markedly different to those if the objective is to build awareness.

Consider the influencer’s role and output for the following as a start; you may add other objectives as you spend more time using influence marketing. Examples include:

  • awareness (knowing about something to tell others about)
  • attendance (being somewhere to get people somewhere)
  • creation (creating or co-creating a form of content, experience, product or brand)
  • credibility (changing brand perception or building brand equity)
  • endorsement (advocating, aligning, becoming an ambassador)
  • sales (driving direct purchase)

6. Understand reach and how to measure it

While reach has become a generic term for awareness, it specifically speaks to the volume, depth or distance that any of the above objectives achieve. How much awareness is created? How much credibility is spread? How many sales are achieved?

The metrics used to measure these include:

  • EMV
  • impressions
  • mentions
  • share of voice
  • engagement
  • CPM
  • CPE
  • sales figures
  • attendance

These should always be linked back to the objectives of the campaign.

source : https://bit.ly/2rBgwOr

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