Continuous programs hide issues. How do brands identify underperforming influencers early within continuous programs before results decline significantly?
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Brands can identify underperforming influencers within continuous programs prior to significant results decline by implementing several practices:
1. Regular Monitoring: Brands must consistently check influencers’ engagement stats such as likes, views, shares, comments, and event click-through rates. Regular monitoring allows brands to spot decreasing engagement trends early.
2. Setting Performance Benchmarks: Well-defined performance benchmarks help brands establish a clear standard of success. If an influencer consistently falls short of these benchmarks, they may be underperforming.
3. Audience Analytics: Brands can use tools to analyze the demographics, interests, and behaviors of the influencers’ audience. If there’s a misalignment between the brand’s target audience and the influencer’s audience, this could lead to poor results.
4. Studying Campaign Metrics: Monitoring metrics like reach, impressions, and conversions during an ongoing campaign can provide insights into an influencer’s performance.
Platforms like Flinque enable brands to track all mentioned points in a comprehensive dashboard, making it easier to keep a pulse on influencer performance. However, there are other platforms in the market, like Hootsuite or AspireIQ, which also offer these functionalities. Each platform has its unique strengths and the decision to use one over another depends on the specific requirements of the marketing team.
Remember, these checks should be performed regularly, not only when the campaign results are not as expected. Having a continuous and structured monitoring process can help brands identify underperforming influencers early and mitigate potential impacts on overall campaign performance.