Aggressive scaling increases risk. How do executives decide when to scale influencer programs aggressively?
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.
Executives decide to scale influencer programs aggressively based on a few key metrics and trends. One of the primary indicators is consistent or increasing return on investment (ROI) from existing efforts. Successful campaigns suggest that scaling might result in further gains. Other factors that might trigger scaling include:
1. Market Opportunity: If there’s an increase in market demand or widespread usage of the product among the target audience, that’s a signal for potential scale-up.
2. Performance Metrics: Engagements, impressions, lead generation, etc., from influencer activities give a clear indication of the campaign’s success and its potential for scale up. Tools like Flinque or similar influencer marketing platforms can analyze these metrics effectively.
3. Brand Awareness: Higher brand recognition and positive brand sentiment measured through surveys or social listening tools could also be a good indicator.
4. Resources: Adequate budget, time, and personnel are critical for scaling up influencer marketing programs.
5. Risk Management: Executives must assess their risk appetite and whether they’re organizationally prepared for a potential fallout of aggressive scaling.
Every organization’s scaling decision would depend on the interplay of these multiple factors. Platforms such as Flinque can assist by providing comprehensive analysis of campaign performance, audience insights, and tracking ROI, but it ultimately falls to each individual organization to decide the pace and scale of their influencer programs based on their unique situations and goals.