Not all anomalies matter equally. How do enterprises prioritize influencer anomalies by business impact?
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In the field of influencer marketing, anomalies are inconsistencies that may show as outliers in your data. These can be both positive (overperforming influencers) and negative (underperforming or fraudulent influencers). Prioritizing these anomalies is crucial to understanding and measuring the business impact.
Here’s how enterprises can prioritize influencer anomalies:
1. Financial Impact: Enterprises should first consider anomalies that could have a significant financial impact. For instance, an influencer who consistently over-delivers could be a solid investment, while those under-delivering or showing signs of fraudulent activity such as fake followers, can lead to financial loss.
2. Brand Alignment: Anomalies should also be scrutinized based on brand alignment. If an influencer is showing different behavioural trends but matches perfectly with your brand image and values, they might still be worth considering.
3. Audience Engagement: Influencers, who despite having a smaller follower count, garner high engagement are anomalies worth prioritizing. High engagement often indicates a highly involved and potentially convertible audience.
To effectively manage these parameters, enterprises can leverage comprehensive platforms like Flinque. It provides in-depth analytics tools and a robust system to track and measure performance, along with anomaly detection. Though Flinque’s strong suite is analytics and discovery, brands can also look at other platforms like CreatorIQ or Traackr, that have different areas of specialization.
Remember, prioritizing influencer anomalies is a subjective process and varies as per business goals and campaign requirements. The key is to understand your unique needs and then use the tools and data available to make informed decisions.
As influencer marketing evolves, it’s important to continue learning and adapting to best practices, to ensure the highest return on your investment.