Establishing an Influencer Marketing Plan That Works

Creating an effective influencer marketing plan is essential to building a successful digital marketing strategy. It allows businesses to leverage the power of social media influencers and their large followings to promote their products and services. With the right plan, businesses can tap into new markets and expand their reach with relative ease.

In this blog post, we’ll explore what it takes to build an effective influencer marketing plan that works for your business. We’ll cover everything from defining your goals and objectives, to choosing the right influencers, and measuring your ROI. Let’s get started!

Step One: Define Your Goals and Objectives

Before getting started with any type of digital marketing campaign, you must first define your goals and objectives. What are you trying to achieve? Are you looking to increase brand awareness or broaden your reach? Do you want to drive more sales or increase customer loyalty? Knowing exactly what you want to accomplish will help guide the rest of the process.

Step Two: Identify Your Target Audience

Once you have established your goals for the campaign, it’s time to identify who you want to target. Who is your desired audience? Knowing who they are and where they hang out will help you find the right influencers for your campaign.

Understanding who makes up your target market means that selecting appropriate influencers becomes much simpler – after all, if you don’t know who looks up to them or engages with them on social media, then how can you be sure that they have any influence at all?

Step Three: Choose The Right Influencers

Choosing the best influencer(s) for your campaign is arguably one of the most important steps in creating a successful influencer marketing plan. You need to make sure that their followers align with those in your target market – after all, there’s no point in targeting someone whose followers may not even be interested in what you have to offer!

When it comes down to finding suitable candidates, paid partnerships tend to work best as they give brands greater control over who represents them online; however, there are other ways too such as talking directly with bloggers or researching potential candidates on social media sites like Twitter and Instagram.

Step Four: Create Engaging Content

Creating content that resonates with consumers is key when it comes to establishing a successful influencer marketing plan

Do you want help creating your Influencer Marketing Plan?

Visit EZMetrics.com to book a call with our team and get started today!

Numbers Matter: How to Measure Your Social Media Campaigns

I’m a numbers guy. I’m such a numbers guy that it drives my wife crazy.

But here’s the thing: you need to be a numbers person, too.

If you’re spending money on advertising — and let’s not forget that time is money! — then you need to know if it’s working or not.

And the way you know that is, usually, by some sort of number.

Social media is a hot way to advertise, and with good reason.

You don’t always have to spend money on social media — we grew the Zig Ziglar Facebook page purely organically — but you can (and often, it makes sense).

If you have a budget, I’m a big fan of Facebook ads. (Which would be why I have a whole course on it…) They allow for targeting in a way that, quite frankly, makes every dollar well-spent.

Know why and what you’re measuring in a social media campaign

To be clear, I’m not a fan of numbers just for the sake of numbers.

You have to know why you’re measuring and what you’re measuring, because that’s how you find out what’s working.

And when you know what’s working, you can keep rocking it, tweaking it, and improving it so that you convert prospects into customers.

Two types of metrics for social media

We’re going to consider that there are two types of metrics for social media:

  • Ongoing metrics
  • Campaign metrics

Ongoing metrics are things you keep your eye on all the time: you want to understand the trends and activity from one point in time to another. You want to look at snapshots, but also at the bigger picture. This is something you check in on regularly and keep track of.

Campaign metrics are focused on a definite beginning and end. These numbers help you know whether your specific campaigns or outreaches are effective. You can look at these within the overall scope of things, and you can look at them individually.

Both types of metrics are critical: you should be looking at both and keeping track of both.

How to measure social media campaigns

Ask — and answer — these 5 questions to measure your social media campaigns. In fact, I’ve found it’s a good practice to revisit these on a regular basis.

1. What are your goals?

What do you want to accomplish and where can you best accomplish it?

Some goals might be:

  • To gain exposure
  • To sell products
  • To spread the word about something
  • To engage with customers or prospects
  • To share news and information

You may find that, due to limited energy or resources, that it’s best to pick one social media channel (i.e., Facebook or Instagram) and build that up before you attempt another channel.

2. What metrics matter for your goals?

What numbers tell you what people are doing and whether things are working?

Here are a few metrics to get you started:

  • What are people talking about? Your “conversation rate” helps you build relationships and helps you nurture leads, answer questions, and support current customers so that you have retention.
  • How many shares/retweets do you have? This “amplification rate” will tell you your reach and determine what kind of content to create and what channels to use.
  • How many likes/favorites do you get? This “applause rate” and it can tell you what your audience likes, which should inform your future decisions.

3. What tools will measure and capture the numbers?

Each social media platform has some built-in analytics, but there are also external tools that can help you. For example, Google Analytics should be installed and running on your website already.

You don’t have to spend anything on tools: if you’re starting in Facebook (and why wouldn’t you?), the analytics and insights are part of the dashboard. For more tools, do a quick search for free social media metrics tools.

4. What gets monitored and reported?

For some people, this is the hardest part. You have to sit back a bit, and at the same time, you have to watch and keep track.

You want to know how your numbers compare to what you expected. Are your conversions better or worse or right on target?

Take a look, too, at how often and what you’re reporting, even if it’s just to yourself.

You can help a good campaign go to great, and you can help a faltering campaign rebound, but only if you’re paying attention.

5. What needs changed?

The real power of the numbers is that they inform your decisions. You can change your tactics and consider if you’re missing something.

Maybe you’re not looking at the right thing. Maybe you see a trend that shows you an opportunity.

The next step

Social media can be a drain on your time and energy. It helps to understand the metrics that matter and adjusting your strategy in light of your numbers.