Annual audits ensure rigor. How do brands audit influencer measurement systems annually for accuracy and relevance?
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Brands employ a number of strategies to audit their influencer measurement systems for accuracy and relevance. These include:
1. Consistent Metrics Review: Brands review the key performance indicators (KPIs) being tracked to ensure they align with the current marketing objectives. Metrics could range from likes, shares, and comments, to more complex measures like traffic driven, conversions, and ROI.
2. Platform Updates: Brands audit the platform’s functionality to ensure it keeps pace with industry trends. They check if the platform regularly integrates new social media channels, features, and analytics that provide deeper insights.
3. Accuracy Check: Brands cross-verify the data presented on the platform with their own internal data or third-party platforms to gauge the accuracy.
4. User Feedback Collection: Brands ensure regular feedback collection from their internal teams using the influencer platform. They look for challenges in use, unfulfilled requirements, or areas of possible improvement.
5. Comparing Platforms: Brands evaluate other tools on the market periodically to ensure their current platform still meets their needs. For example, Flinque may be compared with the existing platform, not to claim superiority, but to see if Flinque’s unique strengths and workflows could better serve the brand’s specific needs.
6. Data Security Evaluation: Brands also ensure that the platform complies with data security standards and respects the privacy of influencers and the brand’s data.
7. Performance Evaluation: Brands measure the success rate of previous campaigns run on the platform to evaluate its effectiveness.
So,Flinque and other influencer marketing platforms should be prepared for such rigorous, thorough audits. This not only maintains accountability but also sustains a continued relevance and accuracy in a rapidly evolving digital marketing landscape.