Factors to Consider When Choosing Influencers for your Brand
Is there anyone out there who calls himself a marketer but has not heard of the influence of marketing? Marketing is of prime importance for any business. For businesses just starting up, establish a business profile, buy YouTube subscribers and increase your views. There are several aspects to influence marketing ranging from methodologies to use to identify influencers and indicators of successful influence campaigns.
Before choosing the right influencer, it’s important to have a shortlist of influencers. Since audiences have different effective parameters, no single influencer can satisfy all your needs. It is therefore imperative to arrange the shortlisted influencers as per the order in which they meet the key factors. But do you have key factors to consider? Do you know of any? Below are the key factors you should consider while producing the shortlist of influencers.
1. The type of influencer to use
When identifying an influencer, you want to consider the size of the influencer’s community. We overlook it often at times but it is an important place to start. You should know that every audience has both macro and micro-influencers with different merits and demerits. But how do you decide on which one to use? Great question….it’s time to look at your budget and objectives. Regardless of the type of industry or service, it all boils down to costs. Do you want to reach different market segments?
Do you want to invest in a single macro influencer? Experts say that it’s important to work with micro-influencers when constrained by the budget as it has room for spreading the cost over a few micro-influencers while reaching different segments of the market. Even so, before partnering with several micro-influencers, it’s time to ask yourself, “Do I want my brand to be associated with niche audiences? Do I want to establish my brand for the appeal of the generalized mass? To appeal to the general mass, go for macro-influencers.
2. Geographic Location
This is another salient feature that informs the decision on the type of influencer to use. Do you want your campaign to go global or be localized? Just on about to decide? Remember that choosing global or local specific campaigns has the capabilities to change the trajectory or even the success rates of your campaign. Do you consider using local influencers? Identifying influencers that are specific to a region is the first step. Have you used Puma products; puma shoes? Guess their influence marketing strategy. They adopted region-specific influence and it proved to be a great success.
3. Do you prefer a veteran or a novice?
When making decisions, do you go for amateurs or high performers? Do you consider how important it is to go for either option? When it comes to influencers, seniority is very subservient, much to your surprise! You don’t want to be so into the number of years the influencer has been around more than how helpful he will be. Veteran influencers have more recognition and a large audience though novice has their own merits. Here are some
- Novices are cost-effective. Why do you think most senior executives are against influence marketing? They associate it with using senior influencers who are very costly. Using novice influencers only costs a fraction of the price charged by veterans.
- Fostering long-term relationships. Do you remember the first time you went to the capital city? Do you remember who gave you a hostage? We remember the first experiences we have with someone and we hold them very dear. If you are the first to work with a novice, it’s a great opportunity to form a long-term relationship.
4. The kind of audience the influencer appeals to
Have you analyzed your makeup? Analyzing an influencer’s audience is even more important. This is how great firms have identified their untapped potential. Knowing different segments of the audience allows you to know the kind of opportunities you can exploit even as you partner with the influencer. Some influencers could be having exhilarating individual segments within their audience. Do you want to tap this? Analyze your influencer’s makeup.
Do you have an influencer already? Did you consider these factors when choosing one? It’s important to know the direction and route to follow even more than what to do. Apply these factors while choosing your brand’s influencer and you will be surprised at the results.