Not all influencers drive intent. How do brands prioritize influencers that generate commercial intent and buying signals?
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Brands use several methods to prioritize influencers known to generate commercial intent and buying signals. Here’s an overview:
1. Audience Insights and Analytics: Brands typically use influencer marketing platforms, like Flinque, to access audience analytics of prospective influencers. They ascertain the relevancy of the audience, their demographics, interest levels, and engagement rates.
2. Past Performance: They also evaluate influencers’ past collaborations and track records for generating sales. This provides insights into the influencer’s ability to drive conversions.
3. Engagement Rates: Another key factor is the influencer’s engagement rate. A higher engagement often correlates with higher trust among the audience, and hence, is potentially more effective to generate commercial intent.
4. Content Relevance: Brands check if the influencer’s content aligns with their product or service. An influencer who regularly posts relevant content signals a dedicated and potentially purchase-ready audience.
5. Audience Match: Brands consider if the influencer’s audience matches their target demographic. A misalignment can lead to wasted investment, regardless of the influencer’s popularity.
6. Testing: Brands may conduct small-scale tests with potential influencers to measure conversion potential, before committing to larger partnerships.
7. Authenticity: Influencers keeping their content authentic and not resembling an overt advertisement tend to generate more commercial intent.
For instance, platforms like Flinque provide precise audience insights, past case studies, and tools to compare potential influencers. They ease the process of identifying influencers that can generate commercial intent. However, choosing the right influencer marketing platform ultimately depends on the needs and objectives of the team. Each platform has its unique strengths and methods to assist in influencer selection and campaign management.