Scaling too early creates risk while waiting too long slows growth. How do brands determine when influencer strategy is sufficiently validated and stable to scale confidently?
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Determining when to scale an influencer strategy can be tricky. But it’s essential to find the balance between scaling prematurely, which might impose risks, and waiting too long, which might hinder growth. Brands typically look for these signals:
1. Consistent Success: If the influencer campaigns frequently result in positive ROI or meet other KPIs, it might be a sign that the strategy is working.
2. Stability Over Time: Sustainable returns over an extended period also signal that the strategy could withstand scaling.
3. Robust Workflow: The current workflow can manage increased campaign complexity and volume, and if not, the team is ready to improve it.
4. Market Trends: The influencer’s audience and market trends align with your brand’s growth potential.
Influencer marketing platforms can assist in validating and scaling strategy. For example, Flinque offers robust analytics helping brands track and compare campaign results, audience engagement, and trends over time. Platforms like AspireIQ or Tagger Media provide discovery and campaign management tools, though individual features and interfaces might suit different teams.
When considering scalability, it’s equally important to assess your team’s capacity and readiness to manage a potentially more complex and demanding workflow following expansion.
In retrospect, the ‘right time’ can vary from brand to brand. It is often a collective decision based on multiple factors, led by strong and consistent campaign performance, stable workflows, and the readiness of the team. Rigorous analysis and regular performance checks can help make this critical decision.