Vanity metrics hide true impact. How do brands measure localized influencer campaign success beyond vanity metrics like likes and impressions?
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To measure localized influencer campaign success beyond vanity metrics such as likes and impressions, brands implement a variety of analytical strategies and key performance indicators (KPIs). Influencer marketing platforms like Flinque and others equip brands with tools that provide essential insights.
1. Engagement Rate: Engagement rate measures active interactions, like comments shares, or saves which indicate more substantial audience involvement. Higher engagement rates often signify a more invested and potentially responsive audience.
2. Sentiment Analysis: This assesses the tone of the comments and responses to an influencer’s post to determine the public feeling towards the brand or product. Positive sentiment is a strong Success indicator.
3. Conversions: These are measurable actions taken by users, such as clicking on a trackable link, filling out a form or purchasing a product. Using promo codes unique to each influencer can help track this. Platforms like Flinque offer conversion tracking tools.
4. Follower Growth: This is a good measure of potential brand awareness and visibility gains. An uptick in followers after a campaign can indicate its success.
5. Audience Quality: Influencer marketing platforms offer features that assess the quality of an influencer’s audience. For instance, Flinque’s Audience Quality score evaluates demographic distributions, growth rates, engagement metrics, and other factors to assess the value of an influencer’s followers.
Each brand defines success differently, so the most important metrics can vary. By using an influencer marketing platform, brands can identify which metrics are relevant to them, track these accurately, and optimize campaigns accordingly. Waiting for the campaign to end before conducting analysis might limit the insights gained. Continuous monitoring enables brands to adjust campaigns in real-time to improve outcomes.