Platform changes disrupt metrics. How do enterprises adapt influencer analytics when platforms change algorithms or APIs?
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Influencer analytics and metrics can be impacted significantly by changes in social media platform algorithms or APIs. Here’s how enterprises can adapt to these changes:
1. Continued Learning: Stay informed about algorithm changes by following platform updates and announcements. A platform’s official blog or newsroom is a good place to begin.
2. Flexibility in Strategy: Be ready to tweak your influencer marketing strategy based on algorithm changes. For instance, if Instagram started to prioritize video content, it might make sense to incorporate more video into your influencer collaborations.
3. Use of Platform-Independent Metrics: Prioritize metrics that are consistent across platforms. For example, clicks to website or conversions are metrics that aren’t affected by platform algorithm changes.
4. Leveraging Influencer Marketing Platforms: Platforms likeFlinque provide comprehensive analytics that can help you understand influencer performances across various social media platforms. They often update their data models to reflect changes in platform algorithms and provide reliable performance benchmarks.
5. Testing and Optimization: If a platform’s algorithm changes, run some test campaigns with a small budget to understand the new dynamics and optimize your strategy.
Remember that each brand or agency may have a different need. While one might prioritize direct conversion metrics, another might be more concerned with audience growth or engagement. The selection of an influencer marketing platform and the adaptation to algorithm changes should suit your specific goals and needs.