As Instagram is becoming a lucrative business channel for influencers, it inspired a whole generation to put themselves out on social platforms, creating stories and sharing daily moments of their lives in the hopes of appealing to audiences, growing a fanbase and then turn it into a profitable business.
This process encouraged individuals to go as far as cheating their way up the ladder in order to charge brands big bucks.
What these individuals miss on are very key facts:
The next rising platform will have to do the same. And most importantly…
thanks to the proliferation of data tools made available by various tech companies.
How can brands then utilize data to validate the influence? This also serves influencers in adjusting their strategies to stand out.
Large influencers may fail at getting their audiences to view their content. This is where view rate comes to measure content viewability. On average, you should be looking at influencers with VR between 7% and 15%.
When looking into collaborating with an influencer, It is the ultimate metric. revealing the level of affinity between the influencer and their respective audience, on average the effective engagement rate ranges between 1.5% and 3% for tangible campaigning.
Is the influencer audience authentic? One easy way to detect it is to manually track people who engaged with the posts. Are they real followers? Or the result of services like Instagress and InstaPlus.
Does the influencer audience match your brand’s target audience? Many brands today select influencers without taking note of their audience demographic, resorting instead to the classical way of measuring the image and content value irrespective of whom it is intended to be targeted to.
Today’s short attention span exerted by audiences is putting more emphasis on content consumption and stickiness. While total number of video views matter, what matters more is the view watch % and whether the brand exposure happens during that time.
Are video views and engagement rates consistent throughout the posting frequency? Some influencers might have inconsistent views and engagement rates, which signal an inconsistent content strategy which raises the risk for any branded content not to succeed, and shall raise the question of the authenticity of the influencer.
Twitter, Pinterest, Facebook, and every major social media network that has lived or died has built its value on the work of others. Sure, an army of coders built the platforms, and designers made them usable, but it’s the users...