Influencer marketing is a powerful marketing strategy to increase your brand’s visibility and reach. Discover how your brand can collaborate with the right fit of influencers. This guide offers tips and the methods in which you can get influencers to promote your brand.
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Social media continues to grow rapidly, driving the rise of influencer marketing. According to the Influencer Marketing Benchmark Report 2024, over 90% of brands view influencer marketing as an effective advertising strategy and plan to increase their investment. However, simply running an influencer marketing campaign because it’s a trend doesn’t guarantee success. The key lies in selecting the right influencer for your brand.
This article will guide you through finding the ideal influencer to maximize your return on investment. But first, let’s define what we mean by 'influencers.'
Influencers are internet personalities with a decent social media following who can impact consumer buying behaviour. Most influencers post content on social media related to specific industries like travel, beauty, fitness, gaming, and more. Some people also consider content creators and celebrities as influencers. Even if they don’t post content as compared to experts in a particular industry, they still possess the influence one needs to affect the purchasing decisions of consumers.
Now, let's see the importance of having the right celebrity for your brand!
Choosing the right influencer is crucial for several reasons, which are as follows:
A well-chosen influencer can increase reach, trust, and conversions. On the other side, a poor match can affect your marketing campaign negatively with misguided messaging and wasted spend, not to mention potential brand damage.
According to I’M IN Social, 63% of consumers trust what influencers say about a brand more than what the brand says about itself. Picking someone who matches your brand values isn’t optional, it’s a necessity.
The Zefmo India Influencer Marketing Report 2023-24 found that 76% of marketers in India believe influencer marketing is important for building your brand. But its impact depends on selecting someone who perfectly fits your product and your targeted audience.
Influencer strategy is not a recent trend, sources state that it’s rooted in the classic two-step flow of communication model from the 1940s, which shows that influence moves from media to opinion leaders, then to the public. That "opinion leader" needs to be the right influencer.
Finding the right influencer makes everything easier, from content creation to tracking your brand’s campaign performance.
Working with influencers who cater to a targeted audience allows you to maximize your marketing budget. Instead of spending on broad, untargeted campaigns, you can achieve better results by investing in influencers who deliver focused exposure, generating higher returns on investment.
Your marketing goals play a major role in choosing which type of influencer to work with, how many influencers to involve, and more. Beyond choosing an influencer, the goal also helps determine which type of influencer marketing to opt for.
There are three major goals that brands generally aim for:
Your target audience will be the primary objective to consider when choosing the right influencer for your brand. The target audience is the statistical representation of your ideal customer, considering demographics (e.g., age, gender), interests, pain points, and other important factors. Once you define your target audience, it will help you find the right influencer who can relate to them, giving you targeted reach.
Before starting your search for an influencer, decide how much you are going to spend on the influencer marketing campaign. You may have to spend on content creation, influencer fees, and other things like the cost of any free product you're giving to the influencers. The budget will be one of the key decision-makers while choosing the right influencers, as their cost may vary depending on the number of followers, engagement, etc.
Primarily, influencers are identified based on the number of followers. Here are the main types of influencers:
Type of Influencer | Followers/Subscribers Range | Description |
---|---|---|
Mega-Influencers | Over 1 million | Celebrities or well-known figures with broad, widespread influence. |
Macro-Influencers | 100,000 to 1 million | Popular content creators or experts with a large, semi-focused reach. |
Micro-Influencers | 10,000 to 100,000 | Influencers with niche audiences and high engagement in specific areas. |
Nano-Influencers | Fewer than 10,000 | Influencers with small, highly engaged communities in specialized niches. |
Influencers can also be divided into different niches like beauty, fitness, travel, and more, which are essential for a brand selling niche products to a targeted audience. So, when choosing the type of influencer, a brand must focus on the number of followers and niche if necessary.
Along with that, consider the social media platform you are going to run the campaign on. Some influencers have a huge following on Instagram, whereas others are known as YouTubers. Like many brands, you can go for both.
Once you have an idea of which type of influencer to work with, it's time to start searching for the perfect influencer for your brand. Here are a few ways you can search for influencers:
Use any method you like, but ensure that you create a detailed list of influencers along with their number of followers, niches, and other factors you are considering.
Once you have a list, set some criteria to filter out the best match for your brand before contacting influencers. Here are a few criteria you can use:
Once you’ve filtered the list of influencers you want to work with, it’s time to contact them. Here are a few ways to do so:
Once you’ve established communication, the actual negotiation starts. Here, you explain your needs and ask about the influencer’s compensation. During the conversation, you may need to negotiate with the influencer about how the deal will proceed. Here are a few types of influencer marketing deals:
Once all negotiations are complete and the influencer agrees to work with you, you can begin your influencer marketing campaign. Ensure your influencer marketing strategy is in place before starting. You can check our best influencer campaign examples to create a robust plan.
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