During a live influencer marketing campaign, what key metrics and performance analytics are available for me to track?
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During a live influencer marketing campaign, there are several key metrics and performance analytics that you can track to assess how your campaign is doing:
1. Engagement rate: This is a key metric that measures how your audience interacts with the content. High engagement indicates effective content that draws the audience’s attention and prompts them to react, comment, like, or share.
2. Impressions and Reach: Impressions are the number of times your content is displayed, regardless of whether it was clicked or not. Reach, on the other hand, refers to the number of unique users who have seen your content. Naturally, the higher these numbers, the wider your content is spreading.
3. Follower Growth: This looks at the increase in the number of followers after the influencer campaign was launched. A marked increase is generally a good sign that the campaign is positively impacting your brand visibility.
4. Click-through Rates (CTR): This measures the number of individuals who clicked on the links associated with your campaign. This helps determine how effective your calls to action are.
5. Conversion rate: This is the percentage of users who take the desired action, thereby converting from a visitor or follower into a customer.
6. Audience Insights: These metrics give details about the audience like their demographic information, interests, behaviors, etc.
Influencer marketing platforms like Flinque provide detailed analytics of these kinds, allowing you to easily monitor and interpret these metrics. They offer real-time analytics allowing marketers to fine-tune or pivot their strategies as needed. However, it’s important to recognize that different platforms might prioritize different metrics, so the right choice of platform largely depends on your campaign objectives and team needs. For maximum potential, choose a platform that aligns directly with your goals, giving you the data that will be the most beneficial for your brand or agency.