Influencer marketing. How to create an effective campaign

by Phitchapha (Mint) Phunmanee

influencer marketing agency KOL endorsement

Have you noticed that buyers are easily drawn to products that received reviews from celebrities?

Current situation forcing businesses to expand into digital platforms. Influencer marketing seems to be getting more and more attention by internet users. The more interest this marketing strategy gains, the more competitive this market situation will be. For SME or Start Up business, the use of influencer marketing could minimize the marketing cost while reaching the projected target audiences. The products or services reviewed from influencers’ point of view play roles with consumer’s trust. Strongly affect the consumer behavior online in which they believe in the review from their favorite influencers.

Worth in 2021
$ 0 billion

What Does Influencer Marketing Mean?

Influencers (or KOL, Key Opinion Leaders) are people who’ve created a specific image on social media and have the ability to influence people online. Influencers are very active on their social media platforms, specially Instagram, YouTube, Facebook, Twitter and recently TikTok.

They make contents based on their interest and create various impacts as well as engage to followers or viewers. Influencer marketing is a marketing tool to advertise to audiences and makes use of endorsements and product mentions from influencers. Influencer marketing works depend on the amount of credibility and trust with their followers.

Type of Influencer

We can separate types of influencers in multiple ways. The most common method is based on follower numbers which can be divided into 5 categories.

1,000 – 10,000 followers

10,000 – 50,000 followers

50,000 – 500,000 followers

500,000 – 1,000,000 followers

Over 1,000,000 followers

Value of Influencer Marketing

According to Statista Research Department, influencer marketing is growing rapidly. The market is more than double in size. It is growing from 6.5 billion to 13.8 billion U.S. Dollar in three years between 2019 and 2021.

Benefits of KOL Endorsements

According to Influencer Marketing Benchmark Survey Report 2021, 67% of the survey respondents measure the ROI from influencer campaigns. Measuring the ROI from influencer marketing campaigns is as important as it is for any other marketing campaign. The use of influencers could show measurable KPI which helps to measure the effectiveness of the campaign.

Brands may gain several kind of benefits when collaborating with the right KOLs who properly “endorse” the brand. For example, increase brand awareness (KOL could reach new target audiences who don’t know yet the brand), or acquire trust from potential customers who use to buy products introduced by their favorite personalities. 

How to collaborate effectively with influencers

Target audience consists of consumers who might be interested in the products or services of the brand. Let’s think about your message mood and tone when talking to a 5 years old girl or a 60 years old lady. The message should be different depending on the audience’s interest. It is important to carefully define the target audience. We can start creating target audiences and segment your target market based on: demographics (age, gender, education, work, marital status), geographic (county, region, city, suburban area, or street), behavior and interests.

Using these approaches to divide consumers into groups based on characteristics. Give us a better understanding of our audiences and allow us to choose influencers with similar interests so we can easily approach our target group.

Most of the influencer marketing jobs are passed by many departments within a company. Because influencer marketing is considered as a newer marketing strategy that the brand still does not quite understand yet. The key to success is to focus on setting clear goals. Keeping in mind that to have a successful campaign, we have to focus on setting up clear and measurable goals. Clear goals help to create a clear direction of where we are heading. As companies spend the budget on influencer marketing, we should set up goals to ensure success. For a better understanding, by the word “measurable goals”, this means that one should set a method of measurement such as engagement rates, potential reach, page likes, views.

Let me recommend you few article very interesting about measurable metrics applied to Influencer marketing:

Influencer marketing: whose job is it, anyway? And can we get measurement right?

How we (finally) proved the value of influencer marketing. Brought to you by Google Marketing.

“Believe in the brand” Kellogg’s is now using influencers like creative agencies

There are many online platforms. For example, Facebook, Instagram, Twitter, Youtube and Tiktok. Each platform is suitable for a different target audience and marketing approach also with their own set of influencers with different demographics.

Partnership is one of the most important aspects to focus on. Building a real connection between brand and influencer is different from just hiring an influencer for a campaign. It is easy to pick influencers with a large amount of followers to execute the campaign. However, this type of one-time campaign is not very effective. With no solid partnership, influencers might fail to communicate with audiences. It’s also a good idea to choose influencers who have a potential to grow and let them grow with the brand.

Influencer content is a collaboration between the brand and the expert. Content is the crucial part of influencer marketing. Creative, realistic and impactful content can create a positive relationship with the brand itself. The brand needs to post creative organic contents while still consistent with their regular post. It’s important to unleash creativity while maintaining it impactful.

Content is the crucial part of influencer marketing. Creative, realistic and impactful content can create a positive relationship with the brand itself.

Brands should use this effective influencer marketing approach as a strategy to boost sales, increase brand awareness and improve brand image. However, there are some concerned with influencer marketing. Without the effective influencer marketing plan, for example, mismatch between target group and influencers, wrong budget for influencer or even unprofessional influencers. This could send the wrong massage to audiences or even worse, destroy brand image. Multiply that with multiple traffic from many channels which could strongly affect the brand. So, the first step toward the effective influencer marketing are to carefully create target audience and follow each steps carefully which will lead you to the success.

The article has been written by Phitchapha Phunmanee, Social Media Manager intern at MOST 2414.
Find her on LinkedIn!

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