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Influencer partnerships
Forget followers, let’s talk return
Meet the tastemakers, trendsetters, and
knowledge leaders of today.
65%**
15B* Source: AdAge , 5 ways influencer marketing will evolve in 2020
of influencer
marketing budgets
were projected to
increase in 2020
*
They are driving the influencer
marketing revolution
65%*
$
market by 2022
Influencer marketing will be a
Why influencer
partnerships are
hot hot hot!
65%**
* Source: Influencer Marketing Hub
of consumers consult
blogs, vlogs, or social
posts before buying
60% **
*
+ No ad blocking
+ No ad blindness
+ Trust and relatability
+ Format diversity:
Tweets
Posts
Videos
Audio content
Good question.
What about ROI for
influencers?
Too many
brands only
tally vanity
metrics, like ...
Reach / Followers
Reach / Followers
Likes
Reach / Followers
Likes
Comments
Reach / Followers
Likes
Comments
Shares
Reach / Followers
Likes
Comments
Shares
Tweets & Retweets
Reach / Followers
Likes
Comments
Video Views
Shares
Tweets & Retweets
Reach / Followers
Likes
Comments
Video Views
Pins & Repins
Shares
Tweets & Retweets
Vanity
metrics =
Earned
media
value
Arbitrary
The bottom line?
=
Influencers haven’t
been incentivized
to be ROI-focused.
Prioritize ROI for
brand partners
Want performance metrics
to optimize posts
7.5%
12.5%
80%Don’t care about
Accountability
Metrics
Why is
it so hard?
78%of U.S.
marketers say . . .
* Source: Mediakix, Influencer Marketing 2019 Industry Benchmarks
measuring
ROI is a major
challenge
of influencer
marketing
*
Because owners of
influencer relationships . . .
. . . each have different KPIs
Social
marketing
Business
development
Public
relations
Content
marketing
The solution?
Treat influencers as true partnerships,
and not just branding megaphones
Influencer
Partnerships
Long-term influencer partnerships
should be treated and managed like
an acquisition channel.
Understand the value of your
investment buys
By managing influencers
as an acquisition
channel, you can . . .
Align measurement with
revenue KPIs
PARTNERS
MARKETING
YOUR
INFLUENCERS
SALES
Will influencers
buy into this
revolutionary idea?
They have no reason
not to — you can assess
campaign performance
while upholding the
pay-per-post terms
they expect.
8 keys
to measuring
influencer ROI
Reward the full
attribution path,
not just the
last event
Introducers bring your
brand into a consumer’s
mindspace
Contributors keep your
brand top-of-mind as
consumers contemplate a
purchase
Closers are the final point
of persuasion that drives
the conversion
1
Combine payout
and revenue data
to calculate ROI
per influencer
2
Define your
goals and recruit
your influencers
accordingly
3
Track and monitor
everything
4
Use a partnership
automation platform
that supports diverse
tracking, reporting,
and commissioning
models
5
(Authenticity will suffer)
6
Don’t
micromanage
your influencers!
Optimize contract
terms with your
influencers to
reward value
7
Get cozy with your
high-converting
influencers, lose the
low earners
8
In summary
Know your goals
Measure everything
Choose the right technology
Reward value
Nurture high performers
Lose low performers
Want to dig deeper? Go to:
www.impact.com/influencerperformance
Or just get started now —
contact an influencer growth
technologist at
grow@impact.com

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