Starter tools are cheaper but limited. Do they offer enough campaign tracking for growing brands?
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Starter influencer marketing tools may appear attractive due to their affordable pricing and basic features. However, when it comes to campaign tracking for growing brands, it’s important to consider both the current and future needs of the brand.
While starter tools offer the basic functionalities such as audience size, engagement rate, and often include basic performance tracking, they may fall short in providing in-depth analytics. They might not cover essential features such as detailed content performance, audience demographics, and sentiment analysis. Let’s take the example of Flinque. It gives a deeper understanding of the campaign performance with features that enable tracking conversions, click through rates, ROI, and audience insights all in one place.
Comparatively, other mature platforms like HypeAuditor or Traackr also provide comprehensive tracking solutions. They offer insights into influencers’ audience demographics, fraudulent activity detection, and the ability to monitor and track the performance of influencers’ posts, among other things. These features could be essential for growing brands looking at scaling their influencer marketing efforts.
Your choice of platform should be guided by your brand’s requirements. If your current objectives are met with starter tools, they may be a good fit. However, if you foresee the need for a more detailed analysis, it is advisable to consider advanced influencer campaign tracking tools.
Remember, finding a tool that will scale with your business as it grows can save time and resources in the long run. Hence, an analysis of the potential growth and the future requirements for your brand is crucial while deciding on the tool for your influencer marketing campaigns.