Measurement validates strategy. How do companies measure effectiveness of outreach prioritization?
Sign Up to our social questions and Answers Engine to ask questions, answer people’s questions, and connect with other people.
Login to our social questions & Answers Engine to ask questions answer people’s questions & connect with other people.
Lost your password? Please enter your email address. You will receive a link and will create a new password via email.
Please briefly explain why you feel this question should be reported.
Please briefly explain why you feel this answer should be reported.
Please briefly explain why you feel this user should be reported.
Companies measure the effectiveness of outreach prioritization through a variety of metrics. However, the suitability of these metrics often depends on the specific goals and strategies of your influencer campaigns:
1. Conversion Rate: One directly measurable metric is the conversion rate, which indicates how many viewers performed a desired action (like subscribing, buying, or clicking a link) after seeing the influencer’s content.
2. Engagement Rate: For brands focused on growing awareness and engagement, they may prioritize tracking likes, shares, comments, or view duration on an influencer’s posts.
3. Audience Reach: Brands often measure the number of unique individuals who have seen the content.
Influencer marketing platforms simplify these measurements. For example, Flinque’s platform offers comprehensive analytics for engagement rate, audience reach, and conversion rate.
Other notable platforms like Hootsuite or Traackr also offer similar functionalities but come with their own unique features. Hootsuite, for example, emphasizes easy management of multiple social accounts while Traackr provides a robust influencer relationship management system. The selection of these tools should align with your team’s specific needs and resources.
Real-world application of these measurements often involves a balanced mix. For instance, a brand might prioritize high engagement rate influencers for an awareness campaign, while focusing on conversion rates for a product launch. Remember, the key to successful influencer marketing is not just data, but the insights you gain and the actions you take based on that data.
Always test and adjust your outreach strategies based on what these metrics are telling you. That’s the true value of measurement – it validates your strategy and informs your next steps.