If you feel like your influencer marketing needs some structure, then you’re probably not alone. With the marketplace still evolving we’ll often speak to influencer managers whose main problems stem from not having a set routine in place when it comes to doing what they do. Most are brilliant at liaising with influencers and securing productive partnerships, but if you want to do this at scale then you’ll need to adopt a consistent methodology. To help you do just that, here’s the basic three stage logic that underpins Influence Network’s platform. We apply this structure algorithmically, through the software, but there’s no reason why you can’t use a similar structure if you work manually. Let us know how you get on! # Step 1 - Discovery First thing’s first: you’ve got to find the influencers you want to work with… and that can be more difficult than it sounds. If you’re doing this step manually then the first thing to do is to get a really good brief on what type of influencer and audience is required. The last thing you want here is to be told that you need to find a running influencer and then later be told that the influencer needs to wear ladies running shoes, thus wiping out half of the influencers you’ve managed to find. Ask questions of the brief you’re given and get as specific a profile as possible. Then you’ll need to really dig into your social networks of choice to find influencers who match the bill. Look for hashtags which appear to be regularly used by influencers who match your profile and narrow down specific users from that point. Bear in mind that this is not always straightforward. You need to find influencers with an audience that your brand wants to reach, but that requires more digging and logical thought than just browsing hashtags. The example we give to illustrate this point is Kim Kardashian. It’s tempting to think that you might partner with Kim if you wanted to sell women’s fashion, but look closely at her followers and you’ll see there’s plenty of male teens in there, as well as other demographics that would make a good target market for things other than women’s fashion. Once you’ve figured out how to properly assess your influencer’s followers then keep a spreadsheet of the influencers you think you’ve identified who fit the bill, with a link to their profile and follower count as the minimum amount of information to capture initially. You can add separate columns for elements such as the fee you’ve agreed with them at a later date, as you require. If you’ve been given a specific target for the reach you need to achieve then bear this in mind when it comes to considering how many influencers you’re going to need to find at this stage. Not everyone you contact will be able to work with you so aim to ‘discover’ more influencers than you need and work backwards from that point as you contact them. # Step 2 - Management
You’re now going to need to establish a structure for managing your influencers from the beginning of the relationship, to the point where the influencer has posted their promotion for you and you’ve paid them. The following points are the basic actions you’ll need to carry out; - Background check - before approaching or agreeing with influencers, many brands will now check their social media history to see if there is anything there which could cause the brand damage. Think about how you’ll do this and what you’ll look for if this is a step you require.
- Initial approach - you’ll need to get in touch with your discovered influencers to see if they will work with you.
- Negotiation - what are you willing to pay for a posting opportunity? What’s your target price and what would you have to walk away at?
- Agreement - do you have an agreement or contract your influencer must sign? You’ll need to plan for this logistically. They’re unlikely to print and return a photocopy to you, so do you have an e-signature solution? How long are you going to give your influencers to send the document back, once you’ve issued it? Who countersigns the document at your end?
- Briefing - how are you going to pass on to the influencers what’s required? Think about the use of media, whether you need to provide examples and whether different influencers will require unique briefs.
- Reviewing - How are you going to approve the content before it’s posted live on social channels?
- Checking - have the influencers done what was agreed within the agreed timeframes? You could use your original spreadsheet for this, tracking influencer posts against their original lines.
- Paying - at what point do you consider the influencer’s job done and release payment? Does this involve liaising with finance and are they aware? Will they be able to release payment promptly or will there be a delay you’ll need to factor in.
- Wrapping up - are you going to work with the influencers again? How do you want to leave the relationship? There are plenty of other facets that go into successful influencer management, but the above cover the main points. You’ll need to plan all of this into your structure to get a good outcome for your campaign. # Step 3 - Reporting Your reporting should always match up with the original aim of the campaign. If you were setting out to achieve brand presence, then what reach did you generate through your influencers? If you wanted to drive purchasing decisions, then what evidence can you see that your influencers were successful? Think about both what you want to report on and how you’re going to show your results. Whilst your original spreadsheet could be used to collect the data, you’ll need to think about how you assess it, provide commentary and present it back to anyone who needs to know about it. Compared to the other two steps, your reporting is probably the easiest thing to plan for… though that doesn’t mean you won’t have to spend a significant amount of time getting it right!
Written by Alec Harden-Henry
Commercial Director, Influence Network
Influencer Marketing, Martech and Marketplace expert
Robust debate, constructive challenge, and a relentless pursuit of growth, improvement and efficiency enable Alec to cut to the core of the issue. Alec currently holds executive directorships at Influence Network an AI-driven influencer tech platform and equitable, The Private Equity Portfolio Talent Network, alongside non-executive and advisory roles at a number of marketing, ad tech and technology startups.
Executive experience in:
- Advertising, marketing, media, PR agencies - both independent and Big 5 agency networks in the UK, UAE (Dubai) and globally.
- Sales & Marketing strategy, planning and delivery
- Start Up and Scale Up with 400% YonY Growth
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© 2022 Influence Network.
Registered in England and Wales: 10815710
20-22 Wenlock Road, London, N1 7GU