How to Make Money as a Social Media Influencer Archives

October 23, 2019

The State of Influencer Marketing In 2019

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Social media is now accepted globally and has become an integral part of everyone’s life, this has given a golden opportunity for users with rich, engaging contents to accumulate loyal followers and earn a livelihood doing so. Social media users with such quality posts and huge fan base are known as influencers and brands have realized with time they are the best suited for their marketing campaigns.

Unlike other traditional media, social media is not bound by restrictions such as geographical location and target audience worry. The social media is accessible by all regardless of their age, class, and location. The ever-growing nature of the business indicates companies are investing more in influencer marketing as well as making way for aspiring influencers. Many businesses are looking for a side stream income to increase their revenue.

The Rise of Influencer Marketing

We will all probably agree that influencer marketing is on a steady rise, but figures and statistics might help us appreciate the acceptance and the recent boom that has hit the business.

Market Size: The most important yardstick to measure business growth is the market size. The influencer marketing business was estimated to be 1.6 billion in 2016, and it rose to almost double at 3 billion in 2017, a further 50% increase by 2018 to rise to 4.6 billion. The figure presently stands at 6.5 billion, which is a 400% increase from 2016.

Internet Searches: Another vital metric to measure growth and popularity is the amount of search engine searches. Increase in search is directly proportional to the increase in consciousness and acceptability. The phrase influencer marketing was searched 4000 times in 2015, 6400 times in 2016, 21,000 in 2017, and 60000 in 2018, representing a 1500% increase within 3 years.

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What to Consider for a Successful Influencer Marketing

About 80% of influencer marketing campaigns are successful while the failed campaigns are caused by inadequate planning and failure to set ideal key performance indicators (KPIs). The following should be considered for a successful influencer marketing campaign:

Get the Right Influencer: A major cause of a failed influencer marketing campaign is choosing the wrong influencer for your campaign. Getting an influencer in the wrong niche, an influencer with poor contents, and an influencer that doesn’t use your products are few of the reasons why an influencer might not be ideal for your campaign. Making use of influencer agencies in choosing your influencer can help you avoid the mistake of choosing the wrong influencer.

Creative Contents: When launching an influencer marketing campaign, it is essential to dedicate some time to creating engaging contents, and choosing a creative influencer may help with this.

Right Target Audience: The success and popularity of an influencer doesn’t make him ideal for the campaign. Age, location, and gender of influencers’ followers must be taken into consideration when choosing the influencer for your influencer marketing campaign.

Adequate Preparation: Whatever is worth doing is worth doing well, to ensure a successful campaign, linking a URL to the campaign, selecting the right influencer and setting KPIs that will ensure good ROI are necessary.

Effective Terms of Agreement: After identifying your ideal influencer, the next step is setting terms of the agreement that will clearly spell out each party’s responsibilities as well as avoiding copyright issues.

What to Avoid When Choosing Influencer

Choosing the wrong influencer ruins an influencer marketing campaign, always avoid the following when choosing your influencer:

Fake Followers: The major headache for brands seeking influencer is engaging fake influencers, there are a few fake influencers with fake followers, fake likes, comments, and reposts, going through agencies can greatly reduce chances of dealing with fake influencers.

One-off Campaign: In order to improve influencer marketing campaign success, it is pertinent to try a continuous campaign that keeps your target audience engaged. Making use of brand ambassadors who are contracted to represent, promote, and market the brand summer, winter, spring, and fall, ensuring your audience are engaged continuously.

Avoid Very Expensive Influencers: Macro influencers with huge followers command a huge fee, kylie Jenner charges 1 million dollars per post while Cristiano Ronaldo charges 975,000 dollars for a single post. Only huge brands can afford the services of the macro influencer. Always stick to a budget and make judicious use of micro-influencers in your niche. Going beyond your budget to engage the services of a macro influencer may result in a failed campaign if the ROI doesn’t complement the investment.

What Makes an Influencer Marketing Campaign a Successful One?

Few metrics determine the success of an influencer marketing campaign, KPIs vary from brands to brands and campaign to campaign. The commonest KPIs are:

Brand Awareness: The essence of an influencer marketing campaign is to improve people’s consciousness about the brand, to measure the level of awareness, engagements like likes, clicks, comments, links, and shares are taken into consideration. This is particularly important for a newly launched product.

Improved Sales: It is natural to experience a surge in sales during and after a successful marketing campaign.

New Audiences: By the end of the campaign, brand awareness must have improved among the desired age bracket, gender, and location targets.

Lead Generation: Making instant sales is important, but so is having a list of potential customers and keeping in touch. During the influencer marketing campaign, names and emails can be generated through account setups, give away entries, and newsletters.

What have we Learned about Influencer Marketing in 2019?

For followers of influencer marketing, there is nothing new to report about the industry, the industry is rapidly growing and could hit a trillion dollars in nearest future, and Instagram remains the leading platform for influencers. Cristiano Ronaldo remains the most popular user of the platform. The state of influencer marketing in 2019 can be summarized in these few steps:

15% will spend up to 50% of their marketing budget on influencer marketing.
65% of brands will increase their budget for an influencer marketing campaign.
Influencer agencies increased from 420 to 740.
Instagram is the most used platform for influencers, and 89% of Influencers use Instagram.
Marketing channel spent most on is Instagram at 69%, followed by YouTube at 11%, Twitter is least at 1%.
Snapchat is the least used at 3%.
The most common budget range for influencer marketing annually is 1000 – 10000 dollars.
The most used content format is Instagram post at 78%, followed by Instagram stories at 73%, twitch Livestream is least at 5%.

Social media has come to stay, and it is now an integral part of everyone’s life. Those who set trends and have huge followership are making it big on social media. These people are known as influencers, brands rely on influencers to reach more target audience, these types of marketing is rapidly replacing old ways of marketing of print media and billboards.

In the last year Influencer agencies almost doubled, the market grew more prominent with a potential to grow even bigger, by preparing adequately and going through the diligent process in selecting an influencer, brands can grow their brand bigger by reaching their target audience in different geographical locations.

October 23, 2019October 23, 2019

Tips for a Successful Influencer Marketing Campaign on Twitter

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There was a time when many had forgotten about Twitter. Facebook, at a time, had eclipsed the social media that was flying blue and very famous for its tweets. Until the recent dip in popularity brought about by the Analytica Scandal Twitter seemed to have lost its place among the other social media platform.

Donald Trump became more famous for his Tweets at a point and significantly made people look forward to the President’s view on Twitter. These and many more contributed to the resurgence of social media. However, it wasn’t that Twitter shut down or was no longer available, it was always there, in its own way competing with other social media channels.

It has stood the test of time and now extremely relevant and deemed safe for connecting with other people. The level of abuse faced on some other social media platforms with little to show in terms of discipline and sanctions contributed to people using Twitter more than the past few years.

Influencer Marketing on Twitter

The social media has birthed a unique marketplace giving social media personalities with lots of followers the capacity to market, connect, and influence people’s behavior or attitude towards a brand or product. Influencers are given this power because of the people that follow them. Since many people have been on Twitter for a while, with different level of engagements going on, Twitter influencers have a unique advantage.

Research has shown that over 70% of business owners , like plumbers, 24 hour emergency plumber near me, home insurance agents, lawn care services,heating and air companies, real estate agents, maid services, dog boarding, and acai juice companies like Monavie, are looking to fortify their online presence and reach. Many of them are going to invest in influencers to launch unique influencer marketing campaign like no other. This is the new trend that has been observed to bring unprecedented results. Even surveys have become easier and accessible on social media rather than the typical phone calls.

A study showed that people are tired of seeing adverts, as a matter of fact, they seemed to have lost confidence in them. This is why many skip the adverts or tune away from them. However, the same set of people are more inclined to listen to their favorite social media personality views and advice regarding brands. The bulk of the population are the millennials since lots of them are getting employed, in their hands rest the spending power.

Furthermore, millennials practically live on social media, and they tend to listen to social media influencers more than the other generations. This has allowed both influencers and brand owners to connect to a marketplace untapped. The potential marketplace the internet offers has yet to be fully explored, and this is why business owners are jumping on the train of influencer marketing more than ever.

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How to Find the Best Influencers on Twitter

It is easy to find people with thousands of followers on Twitter and believe any brand promotion done with such people will yield results. This is untrue and can be devastating at times. It is vital to ensure that there’s a connection between the brand or product and the influencer before working on a campaign together. Brand owners have to carefully and painstakingly choose their influencers for many reasons before working with such an individual.

One of such reasons is that you have to consider that the followers of the influencer your future customers. Another reason is that the moment an influencer starts to promote your brand, that influencer is now an extension of your brand. These are a few of the reasons that should put brand owners or representatives on their A-game while choosing an influencer to contract.

This is the reason most brands go through social media influencer network agencies. These agencies are made up of agents who work directly with influencers and are capable of getting the ones that fit your brand and campaign. Also, working with influencer agents reduce the hassle you’ll have to go through as a brand owner while helping the influencer secure a reasonable contract as well.

Relevance and Engagement over Numbers and Popularity

Studies have shown that multiple campaigns run by influencers with thousands of followers compared to those with millions are far more successful. The reason is that people with less than a million followers have been shown to engage their fan base more than those with millions. The percentage of engagement involves how much an influencer interacts with the followers and the resultant effect of their reaction in turns.

Followers that willingly and frequently retweet their influencer posts are more valuable than those just numbers of people who follow just because the personality is a celebrity. The key to these social media campaigns, especially the ones launched on Twitter, is to carry them out in the company of an appropriate and relevant target audience. It is such a basis that produced the term ‘Target Audience’ itself. You don’t want to be advertising phone accessories to followers of a healthcare influencer just because the person has a million followers.

Support your Influencer and Evaluate Periodically

There’s nothing as good as showing support to your chosen influencer once the campaign begins. Influencers already have an audience with their followers, and they each have their unique ways of doing it. Respect that and encourage them in any way they promote your brand. Give them links to redirect followers from their page to yours, retweet the posts of your influencer about your brand, and provide them with giveaways for the campaign. All this will automatically assist you in getting more traffic and increasing your reach.

Twitter is an excellent place for influencer marketing, don’t underestimate its potency. It is true many seem to favor social media platforms like Instagram as the best, but in the coming years, any form of exposure is excellent for your brand. This is why you want to be on every platform, broadcasting and educating people about your products and services. Put in some effort and work as a team with your influencer, and you’ll reap the benefits of tapping from the pool of traffic waiting to be tapped on Twitter.

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October 22, 2019May 25, 2022

YouTube Influencer Marketing

Important Update! One of our newest YouTube influencers has great advice for you on how you can move forward with confidence as you grow your sphere of influence and bounce back from the set backs life throws at all of us. This great video will spur you on to become the best version of yourself. This will enable you to share your passion and find success in the world of YouTube influencer marketing.

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Marketing trends have been altered in the past few years. The marketing industry has been disrupted with the internet, especially social media. Since the bulk of people now interact on social media, things have quite changed. Even giant media houses now have an online presence where people can easily view their news and stories on YouTube, Instagram, Facebook, and Twitter. This has further affected interactions with video calling being more mainstream than a privilege or luxury.

The advent of smartphones with quality megapixels have also upgraded the quality of photography and videography. This has empowered several influencers in putting out quality posts that are both attractive and engaging. YouTube is one social media app that focuses on providing video posts that enable everybody to enjoy and get educated on topics that are either entertaining or academic.There have been several talks of Instagram being the perfect fit for social media marketing, but YouTube is a unique influencer marketing tool. YouTube video creators have risen in influence over the years, and not everybody can be on a cable network like the Kardashians or the Braxtons. Most people that were interested in such ventures started out on YouTube Vlogging. Teenagers have been observed in focused a study to be more receptive to their peer’s conviction on issues. The study showed that 30% of youths would rather buy a thing because their friend said so rather than buy that thing based on an advert.

Why Should YouTube Be Used for Influencer Marketing?

A population, the size of a China, is always logged on YouTube daily. The video-based social platform boasts of arguably every superb character or celebrity from the real world. This is not to say we’re living in a virtual world already, but we are getting there gradually, seemingly everything can be done via the internet. So many social media platform offers the opportunity of seamless communication as far as video calling, mapping, and messaging.

YouTube is a platform that offers detailed insight into any product or service that a brand may want to share with the world. Gone are the days when only a privileged few are allowed to watch, internet connectivity is almost free and available everywhere. Also, the platform allows interaction between people, just like any social media platform.

Since developers have used Adblockers and the FTC have tightened their regulations on advertisements, brands have been forced to find creative ways of ads. This is where YouTube comes in, as nothing compares to YouTube in sharing details of the brand’s solutions to the world visually for as long as intended.

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What Makes an Influencer Ideal for Brand Promotion?

Whether you are a business owner looking to work with an influencer, or you are an influencer who wants to be a topnotch and highly sorted person, there a few things to look out for in order to achieve your aim. The fact that so many people now boasts of several thousand and millions of influencer makes it difficult to sort out which is better and appropriate for ad campaigns. However complex it can be, it is very simple to a trained eye.

The first thing that an influencer gives to any business owner running a campaign is the target audience.
Afterward, it is crucial that such social media personalities do have tremendous influence over the followers in order to drive traffic and sales.
Furthermore, it is inadvisable to work with a social media influencer that is new to the terrain of influencer marketing.
Social media personalities that are conversant with engaging their followings in a similar tone the brand will love to communicate is key to a campaign.
The next thing to consider is the level of engagement, such as social media personalities have with their followers.
Also, the frequency of the interaction between the influencer and the people following the channel.
If the above seems complicated, just assess the level of comments, shares, and reactions to the post of the social media personality.
The final cherry on the cake that makes a social media influencer stand out from the rest is the demographics. The genders of the followings, their interest, their location, their ages, and possibly religious affiliations.

All the above are crucial to ensure that the vision of a brand aligns with the interest and dynamics of the potential influencer. It is when all these have been assessed adequately that there can be a fruitful relationship and arrangement between the two parties. This may sound burdensome at the start, but you have to look at the followings of influencers as potential customers. If one cannot do that as a business owner of a company, then what is the point of contracting an influencer with such followings?

This article will probably not be complete without mentioning PewDiePie. He is one of the foremost YouTube influencers with millions of views. What he offers brands like gaming apps is a host of the relevant audience watching his videos continually. This allows the brands to reach out to these potential customers, and PewDiePie helps them captivate their attention and sales in turn.

The marketing industry has gradually accepted influencer marketing as a progressive way of marketing. It has not thrown away other forms of marketing, but it is evident that this digital form of marketing is inevitable. The platform for such a marketing style is not only available but also global, and this makes it effective in reaching the ends of the world. This is why influencers are now considered celebrities. The fact that whatever they do in the corner of their homes or community is now broadcasted globally with a click makes them as important as celebrities whose movies, books, or music are experienced globally.

YouTube influencer marketing has become a prominent way of marketing. It has been able to show that it can rival giant media channels and it has even won over those giant TV channels by winning them over. Most TV stations now have their personalized YouTube channels. This has shown that YouTube is a capable social media hub for people all over the world to interact and conduct business. The amount of music posted monthly on YouTube draws in constant traffic to the platform providing brands a pool of potential customers to win over to themselves.

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October 22, 2019

The Basics of Influencer Marketing

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Social media has become intrinsic to everyone’s life, and nearly every adult has a presence on at least a social media platform. Instagram has active monthly users of over 1 billion, that represents 13% of the world’s population. This makes it the best platform for brands to promote their products and services. Brands make use of influencers to reach a wide range of audience, cutting across different geographical locations, age, and class. If you own a business, you may looking for a way to create a second income stream.

Who is an Influencer?

An influencer is someone with a strong presence on social media, they are loved and respected, and consequently influences people’s decision when selecting brands and services. Most of these influencers already achieved celebrity status as an athlete, entertainer, or any other field, and being on social media provides their loyal fans an opportunity to follow their idol closely.

However, many more achieved celebrity status just by making judicious use of social media presence, the reward is wealth huge enough to live a luxurious lifestyle akin to those superstars you adore.

Types of Influencers

It is hard to classify influencers with other parameters other than the number of followers. Using the amount of followers, influencers can be classified into the following categories:

Mega-influencers: These are world-famous people who have achieved celebrity status in their various fields. They command huge respect and Influence both in real life and online. Mega influencers have several million followers scattered all over the world. They could be athletes, world leaders, models, and entertainers. Examples are Lionel Messi of Barcelona football club, Donald Trump, the president of the United States of America, Kendrick Lamar, an American rapper and so on.

Macro-influencers: This type of influencers have between 100,000 and a few million followers. Most macro-influencers achieve their fame with their social media presence. This is usually achieved by posting inspiring contents, comic contents, and blogging.

Micro-influencers: They have between 1000 and 100,000 followers, they usually specialize in a subject and usually make educative and informative posts on their chosen niche.

Nano-influencers: This type of Influencers have less than 1000 followers but have a strong presence in their local community. Local religious leaders, community chief, and local government head are examples of nano influencer.

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How Can I Become an Influencer?

The basic need for your influencer career is a digital device and a good internet connection. With your tools in place, the following can help you attain celebrity status on social media and become a successful influencer as a result:

Choose your Niche: As an upcoming influencer, and it is crucial to pick a field, you have huge knowledge about, where you can make insightful posts regularly.

Always Post Beautiful and Insightful Contents: Social media users have no idea about your personality, they will relate to your posts and learn about you through your posts. Being renowned for quality posts is what will get you to the top in the business.

Quality Photos: Instagram is the leading social media platform for influencers, posts on Instagram are usually pictures. Everyone posts pictures on Instagram, to become an influencer ensure your photos are of the highest quality possible.

Build Followers: What makes an influencer is the number of followers. Take your time to build real, loyal followers, acquiring fake followers can cost you your account in the future.

Be Creative: You want to be an influencer? Don’t be boring with your posts, even if you only post about a subject, be dynamic and creative with your contents. Apart from the number of followers, the main attribute brands look for in influencers is creativity.

Engage: By the time you become a micro-influencer, you will have less time to reply to comments on your posts due to your busy schedule. However, as an upcoming influencer, it is necessary to dedicate some time to like and reply comments on your posts. This will give your followers a sense of belonging and make them more loyal to you.

Giveaways: A certain way to acquire new followers and make existing followers loyal is by giving your fans giveaways, giveaways are usually given in exchange for shares, reposts, and likes, which increases your followers.

Use Hashtags: The most important tool on social media is hashtags, it takes your posts farther and increases SEO, the more hashtags, the better. It is advised to use up to 4 hashtags per post to improve reach.

Join a Network: Influencer network is a platform designed to bring influencers together, to share ideas and knowledge about influencing in a bid to improve and be more productive.

How Can I Make Money as an Influencer?

There are many ways to make money as an influencer, and I will share them with you.

Sell Products: The primary way of making money as an influencer is by selling your products to your followers, few of your followers will patronize you, and the numbers will definitely increase with good feedbacks with time.

Sponsored Posts: You can make a post about brands and their products, what you charge per post depends on the number of followers, mega influencers charge up to 1 million dollars, while micro-influencers charge few hundreds of dollars. It is typical of influencers to indicate that a post is sponsored.

Affiliate Marketing: You can also market and promote third party products and services on your social media page in exchange for a reward. Rewards vary from monetary reward to barter of goods and services.

Brand Ambassador: Brands with continuous, never-ending marketing campaigns make use of brand ambassadors who can always represent and promote the brand in the right way. Influencer responsibility as a brand ambassador includes making posts for the brands, appearing in adverts, billboards, and product launches.

Crowdfund your Project: Another way of making money for an influencer is by having your followers invest in your dreams, loyal followers will go to any extent to contribute to the career of their favorite influencer.

Join an Influencer Agency: Influencer agencies are agencies that connect brands to influencers. They are consulted by brands when selecting influencer for their next campaign, while influencers depend on them to get jobs. Micro and nano influencers must join an agency to improve their chances of getting jobs from brands.

Influencers set trends and Influence decision of their followers when selecting a product or brand. They are classified according to the number of followers. Celebrities and superstars make up mega influencers while nano influencers are those with less than 1000 followers and are particularly influential in their local community, macro and micro-influencers fall in between with thousands of followers.

There are many money-making opportunities available to influencers, including selling products, affiliate marketing, sponsored posts, brand ambassador while joining an agency can improve your chances of getting lucrative jobs from brands.

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October 14, 2019

How to Make Money as a Social Media Influencer?

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Here, our team of experts has designed a platform of platforms that would show social media influencers the various strategies that they could use to leverage their expertise and influence to make more money. Our custom platform can help social media influencers maximize multiple streams of income as they support business brands in their digital marketing process. This makes it evident that becoming a successful influencer can help you make more money.

Sponsored Social Media Post

One of the strategies that can be utilized by social media influencers in the social media post approach. Although some business brands have long term partnerships with brand ambassadors employing a social media sponsored post can be a very productive method of creating brand awareness and exposure. Becoming a social media influencer can help you make more money as you begin to make use of sponsored social media posts.

Sponsored social media posts are about employing an influencer to produce contents that promote the business brand, such as creating a post or series of posts and sharing it with your followers. The sponsored social media post comes in different forms like unique imagery development, launching a new brand, promoting a new product, and creating making exposures among new target markets.

It’s important to know that when it comes to exchanging funds or payments of other forms with a business brand, you must put into consideration the guidelines and regulations that exist in most territories and countries. This is where you need an influencer marketing agreement to handle these areas which our innovative platform provides.

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Promotion of e-Products

Our custom platform also provides another strategy, such as the promotion of digital products. Digital products enable influencers to create products that they can sell and distribute to their network of followers based on their knowledge, influence, and expertise in order to make more money. E-products are easy and cheap to produce as they happen to be one of the major ways that social media influencers make money.

When these e-products such as ebooks, workout programs, and travel guide are properly distributed online, they can rapidly measure up and record a large amount of sales. Another way social media influencers can benefit from digital products is by selling editorial and advertising spaces to business brands. It is about co-creating content with business brands or by being specifically commissioned to create content. This way you can make money in advertising as an influencer.

Podcasting

Podcasting is another wonderful way for social media influencers to make more money. It is a method for distributing contents and connecting with the various audiences on other platforms, comfortably sharing contents and making money massively from their public profile and influence. Podcasting is relatively cheap to produce with the right setup and equipment. This has led to social media influencers joining this trend as they start their own podcast. This way, you can market yourself to make more money as an influencer.

Brand Ambassador

As we inquire for further channels at which an individual can make money in advertising as an influencer, we should put into consideration the power of brand ambassadors. Social media influencer has taken over the world of advertising as people are now working towards growing a career in the art. Becoming a brand ambassador is a sustainable way that a social media influencer can make more money.

This method is very effective due to the structural nature of their ambassadorship, which has led to lots of business organizations employing the help of brand ambassadors to promote their business brands. The financial institutions that hire the service of a brand ambassador do so for long term relationships and pay them in advance. When the down payment is done, it is now the job of the influencer, which is the brand ambassador to publicize on social media his or her alliance with the product or the brand of the organization.

Therefore, the brand ambassador becomes the ultimate and overall expert that handles the brand promotion of the business organization in the global market. It is also important for influencers to note that before a financial institution would hire the service of a brand ambassador, the ambassador must be a good fit for the brand by aligning properly with the brand and its target market. So, if you agree to become a brand ambassador, you can turn out to be massive superstars and influencers. You can also be a micro-influencer which is based on the target of the company’s campaign and brand. There are lots of people making a living out of becoming a big-time brand ambassadors or micro-influencers.

Conducting Webinars

Webinars are also another way to becoming a successful social media influencer and also make more money. Webinars are conducted seminars to educate and expose the individuals to certain information, product, or brand on social media or the internet at large. This method of advertising is very cost-effective and if you are looking for an easy way to start your social media influencer career, setting up webinars happens to be an excellent way to start.

One of the reasons why webinars are a good way to start becoming a social media influencer is the fact that the seminars can be conducted live online or could be pre-recorded. This can be shared with all social media platforms, video platforms like YouTube, and web blogs. Webinars are not just cost-effective expenses and proceeds for social media influencer, but it is also useful and productive for content creators too.

Influencers can now make money from conduction webinars by putting a price on the content of the webinar they have produced for consumers to purchase. This is achieved by the influencer, as they work with a business brand to create a brand content for the webinar. This way you could also learn to make money on YouTube, which would lead you to know how much YouTubers get paid for advertising.

So, for you to start making money as a social media influencer, you can take note of these different ways of becoming a successful social media influencer. This could help you create extra income on the side as you go to work every day. It comes with its numerous compensations as it benefits other people and solves their brand promotional problems. This will also help you build multiple streams of income.

Create a Side Stream of Income

You work so hard to do what you do. Consider creating a side stream of income to your core business. Add a software as a service business to your core business.