How Effective is Influencer Marketing?
Heard of the “Cristiano Ronaldo-Nike Partnership”? If YES, then I am sure you know what marketing via an influencer can do. Although this collaboration is at the international level, it should not stop you from landing huge sales via a local or micro-influencer(s) if you play your cards right. Well, not everyone is a soccer fan. Besides, some may have no idea of what collaboration between an iconic footballer and a brand has in common or the benefits of this are. Thus, the need for a complete breakdown of what influencer marketing is all about is essential.
Let’s Back Up: What is Influencer Marketing?
The use of a popular figure (with a lot of followers) to impact your product or service positively is called Influencer Marketing. In other words, it is a union fashioned to bring about more awareness and sales. The newly forged partnership allows the influencer to promote your brand or service via the current and most effective method of marketing – online marketing. There are two types of influencers – Local Influencer and International Influencer. Your choice is dependent on your financial or production capacity and targeted area.
Our focus today is on local influencers and how they can perfectly bring about amazing traffic and a high level of sales. After negotiating a successful collaboration, your local influencer is expected to take it upon him or herself to promote your products or service via their social media outlets or videos and sticky blog posts. In other words, they make use of the latest way to accumulate huge income in shorter periods of time. Interestingly, we’re not here to tell you about the expected result of any form of influencer marketing but here to show you how the process works to increase sales!
How to Fully Maximize Influencer Marketing
1. Make Your Influencer the Face of Your Events or Loyalty Programs
Saying YES to the use of a local influencer during major events or contests can go a long way in doubling your sales. Let’s say you have a salsa night or hot chili eating contests once a month. Let that newfound relationship bring in the traffic you want on those special nights. Irrespective of your type of local influencer, an increase in traffic is guaranteed.
2. Implement Influencer-Specific Discount
If you keep selling with no way of appreciating your consumers, your business has a very high probability of failing or crashing in no time. Sometimes, you need to surprise them, make them feel like they got a great deal this time because this helps you continue increasing sales on a daily basis. People aren’t willing to pass up any chance of leveraging influencer-based discounts – they hate missing out. To make this an even better campaign would be to align this with your loyalty programs via special codes or extra golden points.
3. Responsive Content Creation
Irrespective of whoever is in charge of your content, it should be engaging and responsive. This content may be in the form of sponsored posts and are not meant to be lengthy. It should include hashtags, brand mentions, and ways you can achieve something new with your product or service. This is why you should go with an influencer in line with your mission and brand values. That way, you mesh easily (and it doesn’t seem forced). Additionally, you can use this advantage to boost sales.
Customer Loyalty Programs do not just grow your business; they keep growth moving regardless of its scale! This is because it targets customer retention in ways that are cheaper than other online marketing techniques. You need to growth hack your business these days. This means being efficient and thinking creatively with data. Truth be told, it is not something you should try but a program you MUST implement because it is COMPULSORY if you are want to sustain your business in this super crowded and noisy world.
Ready to launch your own Influencer Marketing campaign? Contact us to help!