What small business owners need to know about working with influencers
The founder of influencer marketing agency Come Round, Giles Harris, explains how micro business owners can target those with a strong social media following to generate hype for their brand.
Nielsen data shows that that 92 per of consumers trust word of mouth above all other forms of advertising, while the Word of Mouth Marketing Association claims that word of mouth recommendations are five times more effective than advertising.
But as it is a relatively new phenomenon, few company owners are able to harness the power of influencer marketing based on business experience as opposed to speculation and supposition.
Lots of small business are in the ideal position to make the most of influencer marketing, but arent sure how to get started. Here are our top tips, using the old faithfuls: who, what, where, when and why.
WHO is your audience?
Whether marketing on or offline, it’s vital to clearly define your target audience. Without recruiting the right demographic for your product, you are effectively shouting into the ether. Encourage your team to take some time away from their desks and work on identifying your brand’s ideal consumer. Giving this character a name, age, job and personality is a helpful way to get started. Then, research to establish where they discover new products, brands and information. This will help you shape a hot list of top target influencers who talk directly to your target demographic on a regular basis.
WHAT will they do?
Many companies fall into the trap of sampling products to their target demographic and stopping there. I believe it’s important to shape the whole product engagement experience by bolstering your campaign with activities that evidence product claims or generating social media content. Incentivise deeper engagement by rewarding interaction in order to maximise reach and gather insight.
WHERE will they do it?
Marketing to consumers at home or work by sending them sample products and activity ideas to enjoy in familiar surroundings can be a lower cost entry to an ideal audience. This option also allows a small business to maintain control of timings and more carefully manage the online reach of real world activity by personally briefing each consumer with clear instructions included with samples.
As an 18 year-old businessman, Callum Short has made fast progress in his efforts to get Beambox off the ground and will soon be launching a crowdfunding campaign to provide that all-important finance for growth. more»