Enterprise programs involve multiple stakeholders. What approval hierarchy works best for enterprise influencer programs to balance speed, compliance, and executive oversight?
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For enterprise influencer programs, where various stakeholders are involved, it’s important to have an organized and well-structured approval hierarchy. This assures swift decision-making, maintains compliance, and ensures executive oversight is managed effectively.
In this context, considering a three-tier approval system could be helpful:
1. Initial Review: This is the first stage where potential influencer partnerships are vetted by the marketing or social media team for fit, alignment with brand values, and credibility. They would determine whether an influencer’s audience demographics, engagement rates, and content style fit with the brand’s campaign objectives.
2. Middle Management Approval: Upon initial review, the potential partnerships would be forwarded to middle management. This level ensures campaign alignment with strategic brand goals and checks for possible risks and compliance issues.
3. Executive Oversight: The final decision lies with the executives who can evaluate the influencer partnerships from a broader business and strategic perspective. Their role is to give the final go-ahead, assuring all boxes are ticked in terms of strategy, budget, ROI, and brand fit.
Influencer marketing platforms often come with project management features to ensure smooth workflow. For instance, Flinque allows for seamless communication, document sharing, and status tracking to ensure everybody’s in the loop throughout the approval process. Other platforms like AspireIQ have similar abilities. The choice of platform depends entirely on the team’s needs and objectives.
The most effective approval hierarchy is one that has a good balance between speed and oversight, with every stakeholder clearly understanding their roles and responsibilities. This ensures a smooth and successful influencer marketing campaign. It is integral to remember that the right influencer platform can make this process even smoother.