Influencer marketing ROI

A recent report from Digiday which looked at influencer fraud, highlighted that a single day’s worth of Instagram posts tagged #sponsored or #ad was found to contain over 50 percent fake engagements. Of 118,007 comments, just 20,942 were not made by bot followers.

It’s not surprising that an increasingly competitive industry has fostered dirty tactics to help influencers lure in sponsorship deals. But, of course, bots don’t click, buy, comment or think; because they’re not real people.

As influencer marketing thrives and more marketers look to invest in the value of influencers in driving awareness and establishing genuine legitimacy, we see an increasing focus on using a plethora of data to establish the most effective collaboration, and, by proxy, the most engaging content. But as the landscape moves faster than many are able to keep up with, we must ask: are we focusing on the right data to get our money’s worth?

Influencer marketing demands a robust approach which uses real-time data to identify the best content creators to create sponsored content that truly resonates. Influencers themselves are under more scrutiny than ever- particularly given controversies around Logan Paul et al, and the imperative deep delve into historic content and performance.

But part of this process, and a box that is often left unticked, is close scrutiny of the influencer’s audience.

Without a clear indication that audiences could be potential customers, the content could (and is likely to) fall on deaf ears.

It’s widely understood that an influencer’s audience demographics are fundamental in identifying whether content will speak to the right people.  Depending on the content platform, there are many tools to help with this- Peg.co, for example, offers a breakdown of audience age, gender and location.

But we need to go deeper. We need to be looking at whether the audience is an audience at all.

Whilst it is certainly difficult to accurately determine fake followers, due to increasing sophistication of bots and changing privacy settings from the likes of Instagram and Twitter, there are tools available and manual processes to get a good grasp of credibility.

  1. Engagement rates
    This is a good indication of how many of their total followers are actually engaging with their content, and exploring whether their reach is valuable at all. Comments should represent about 2 percent of total engagement on Facebook, Instagram and Twitter, according to Digiday.
  2. Comments
    If you find unrelated comments asking for likes, subscribers, or generally sound spammy, they are likely to come from automated bot accounts
  3. Follower growth
    If an influencer has an irregular or sudden spike in follower growth, it could mean that they have been purchased. Sites like Socialblade can help monitor this.
  4. General credibility tools
    There are a host of tools which do some of the above for you, by using AI to establish audience authenticity scores based on a combination of follower growth, engagement rates and followers who will actually see the content on an influencer’s feed. Hypeauditor, Influencerdb and Twitteraudit are examples of this.

 

These processes are imperative in moving away from impressive but ultimately meaningless metrics that so often entice brands, and naïve marketers.

It’s up to brands and agencies to invest in understanding these pitfalls and how to avoid them, if we are to work toward genuine ROI.


6 myths about influencer marketing

By Emily Barnes & Megan Linehan

“Reach is everything - it means you’re getting your message out to the most people”

Incorrect. It’s imperative to look more closely at who the audience are. There’s no value in getting your content into the feeds of people who aren’t actively engaging with it or aren’t invested in it. If the person seeing the content isn’t a potential customer, it’s fruitless. Worse still, they could even be a bot or fake follower.

This is why engagement rates are key; there’s been much discussion recently about how engagement rates are significantly higher for smaller influencers. There is absolutely a saturation point of engagement, which can mean that mega influencers are left with a dead audience.

When scoping out potential influencers, make sure you look at their most recent videos for accurate engagement rates- that way you know that they’re performing consistently and are frequently posting.

“It’s great to work with as many influencers as possible, to talk to lots of different audiences”

Whilst micro-influencers certainly can provide value through their highly engaged audiences and advocacy around niche topics and interests,  it’s also generally true that in order for a brand message, recollection or call to action to convert, the audience needs to see it multiple times. It’s marketing 101.  So, think about investing in multiple pieces of content over a longer period, with the same influencer.

Ambassadorship with influencers is a key focus in 2018, not only because of the value in repeat consideration, but because the content is organic and a natural-fit on the influencer’s channel- which works toward great sentiment.

“It’s impossible to really demonstrate ROI in influencer marketing”

Nuh uh. Whilst ROI and metrics for success are hotly contested and changing (pretty much) all the time, and it can be difficult to measure consideration and path to purchase outside of views and likes, there are plenty of marketing metrics which work to demonstrate effective consideration and brand sentiment, directly as a result of content.

Affiliate marketing and tracking links are a great way to measure this audience journey. If you’re promoting something like a service, resource, or high consideration purchase, you can get creative with incentives to click. A competition, discount code or limited edition purchase work well in these instances.

“Just put #ad at the end of the post”

No! No! When working with an influencer, be sure that the partnership/sponsorship is labelled loud and clear for the consumer to see, else it can be deemed misleading and lazy. Many platforms have clear guidelines for influencers to clearly label their content, and the ASA has outlined rulings on explicit labelling of sponsored content. No excuses!

“One post is all we need”

Cross-platform promotion means you’ll hit your chosen influencer’s audience across several channels and mediums, as well as developing a natural story around the partnership. A singular post can get lost in an abyss of newsfeeds, missing the mark with impact and looking awkward and unnatural. A carefully considered content package is important in understanding investment in a partnership and expectations of performance.

Be sure to ask about the cost of hero content with social promotion, for example, or a series of social posts with clear consideration of timings. The influencer should help guide this based on data about audience engagement with previous content and timings for this.

“They posted about the product before- they should do it again for free”

An influencer creates content for a living- it’s their livelihood and often their sole income. So, when considering asking an influencer for free content, stop and consider the size of the industry and it’s power- you’re buying into a powerful marketing tool. Where have you been for the last few years?! Whilst some influencers may be willing to post in return for a free product, holiday, or event attendance, be ready for them to ask for cash. Great, impactful content which speaks to the right audience is valuable- be ready to pay for it.


The women who inspire Fanclub

Today is International Women’s Day: a day to celebrate women, a day to highlight the gender inequalities that many women still face, and a day to work together to overcome them.

From mothers to daughters, writers to entrepreneurs, there are a wealth of inspiring women who surround us every single day, and we hope to continue to learn more about their spirit and ambition. To celebrate International Women’s day today, we asked the team to tell us about women who personally inspire them.  The result is a list of truly wonderful women who have inspired us to be passionate and tenacious in being our best selves and striving to help others around us.

 

Liz Travis, aka my mum. She continues to inspire me each and every day with her eternal patience (with me, anyway!); selflessness, generosity and love- and for putting her children before her every step of the way. She not only conquers adversity with steely determination and an unflappable sense of being, but does so whilst being one of the most glamorous and stylish women I have the pleasure of knowing. 

- Georgie

 

Marta Krupinska, Co-Founder of Azimo, is one of the most impressive and passionate entrepreneurs who inspires me.  Ambitious, honest and a champion for diversity, she’s a great role model for anyone who wants to help change or make the world a better place. Also, the boxer Nicola Adams, who proved that determination, hard work and sacrifices can lead to achieving global recognition and success (and she’s been turned into a Barbie doll!)

Jonny

 

Jenni Cochrane, Director of Culture and Partnerships at AEI Media. Jenni has been someone I’ve admired since the day I met her (when I interviewed her for a piece on women in the music industry). She has such an amazing presence that’s captivating and stays with you. She’s smart and strong, she’s a mother, a director at a really cool business and she’s a woman that’s worked and thrived in a male-dominated world for years, Jenni is inspiring on so many levels.  

Also, my mum, Dr Ruth Padday. I’m especially proud of her for receiving an honours for all the charity work she’s done from setting up a young people’s clinic and working as a doctor at festivals to providing aid to rural villages in Nepal and working for the JST which takes disabled people sailing on tall ships. She’s currently deep in the ocean sailing and no doubt helping others as she usually does.

Joey

 

Besides my mum and my three sisters, I’m inspired by American director, writer, producer, and distributor, Ava DuVernay. She began in journalism, shifted to PR, and then went on to create award winning films and documentaries. She followed her ambition (even funding her first film) and is relentless to tell the stories that deserve to be told. Her ambition and perseverance (and not to mention her talent!) are truly inspiring.

Megan

 

Obviously, the most inspiring person in the world is my mother - a single parent to two young children who never let her own problems get in the way of the happiness of me and my sister. She juggled a million different strands of life, whilst teaching me and my sister the value of hard-work, manners, self-expression, travel, happiness and of course, LOVE.

Matt

 

Aside from my utterly selfless and compassionate mum and sister, who have both shown me marked support and taught me to be uncompromising with who I am and what I deserve, I’m always in awe of those who have shown dedication to supporting others with resources to support mental health. Jane Lawson founded CSTUK-  a complimentary and volunteer-led organisation founded to support victims of the Grenfell disaster with community based support therapies, and counselling. The organisation offers invaluable support to victims of disasters- from children to those in the emergency services. Also, author and food writer Ruby Tandoh, who has inspired a refreshing dialogue that advocates the nourishing power of food for physical and mental wellbeing. Ruby celebrates how food has unique potential to sustain healthy relationships with ourselves and others- speaking to a broad spectrum of issues affecting everyone from migrant communities to those struggling with their mental health.

Emily

 

I’m going to cheat, and name a few women. I’m lucky to have some incredible women in my home, family and work life. I’m inspired by mum, for her capacity to put other people’s happiness before her own, and her unlimited kindness. I’m inspired by my wife, Amy, for her compassion, style, creativity and I’m envious of her ability to multitask. I’m also inspired by my two daughters for their curiosity and endless energy (which keeps me entertained). At work, I'm lucky to work with super talented men and women who push me to be the best version of myself, every day.

Adrian


Fanclub's Top Podcasts You Need To Listen To Right Now

According to Rajar, the UK’s audio measurement company, 6.1 million adults listen to podcasts in every week. Do you?

 

We certainly love a good podcast here at Fanclub, so here a few of our favourites for you...

 

Adrian’s picks

Where to start…here are just a few to get you started that I listen to regularly - Tim Ferris Show, HBR IdeaCast, The Echo Chamber, and The Adam Buxton Podcast.

 

Emily’s picks

True Crime Garage is hosted by two guys who drink beer and discuss true crime cases. Even though they're sometimes a bit insensitive and crude, I really like the informal approach to each case and the conversations that come out of it. How To Curate Your Life talks to different creative entrepreneurs about their work-life balance. It's super interesting to hear women talk about their journey in business- including how honest they are about the hardships along the way.

 

Georgie’s pick

Sword and Scale – because I’m really into murder (I’m not a psychopath).

 

Joey’s pick

The Heatwave - it’s DJ mix sets and radio shows playing Bashment music - if you want to feel like you’re at Notting Hill Carnival all year round, these are for you.

 

Jonny’s picks

How I Built This is my go-to for awesome founder stories from Patagonia’s Yvon Chouinard to Power Rangers Haim Saban. City AM’s Unregulated is a great for anecdotes from entrepreneurs too. And for a more light-hearted listen, The Food Programme have great shows, featuring interviews, trends and stories on everything related to food.

 

Matt’s pick

James O’Brien is unmissable in Unfiltered by Joe. With guests including Robert Webb, Eric Cantona and Alistair Campbell, you can be sure to get an atypically hard-hitting and heart-warming accompaniment to any commute, coffee or Cantona love-in.

 

Megan’s picks

My Brother, My Brother And Me - a hilarious and silly advice show with advice that should never be followed. I really enjoy the infamous Clt Alt Delete - interviews each week and some really interesting conversations.

 

Naomi’s picks

The High Low - perfectly combining serious, important conversations such as the #MeToo movement, the refugee crisis, and current political topics, with light-hearted but nearly as important conversations (at least to me…) about the Kardashians, Taylor Swift and prosecco.


What you need to think about when launching a product

It’s crazy to think that 75% of European online shoppers drop off a website when they see a dollar sign. However, unless you look at your site analytics, you’d never know.

 

Last week Ben Hofman, founder of Atlantic Access popped in to the Fanclub HQ to talk to us about why he’s helping the most exciting tech brands focus on growing their brand, without relying on retailers and distributors. And how spotting that 75% drop off rate on previous client’s website was part of the reason he set up his business.

 

Discussing how to launch a product, and what it takes to do it successfully, here’s what Ben had to say:

 

In a sentence, what does Atlantic Access do?

We help start-ups launch in Europe the same way they would in the US.

 

What common mistakes do brands and businesses make when launching in the UK?

The biggest mistake is choosing a launch strategy based on what has been available in the past. Digital marketing and online have changed the world in the past 10 years of how to launch a brand. Brick and mortar retailers are no longer necessarily the best choice but for some reason many brands still see it as the only option in the UK to ‘launch'

 

Can you share an example of a product that got it right and launched successfully?

There are two types of brands. The big ones that have $m to pour into marketing and the smaller start-ups. Big brands like Fitbit and Ring have gone big on advertising and built awareness with TV adverts and such. Most brands don't have this luxury so have to be smarter, Tile are a great example of a brand that focused very heavily on digital first, growing their brand with direct to customer sales and Amazon. When it came to launching into brick and mortar they had sufficient awareness in the market to be a success. That said, they still had plenty of marketing funds available after successful online campaigns.

 

How important is prelaunch marketing to a launch?

Pre-launch marketing certainly helps to build the brand. Crowdfunding campaign are certainly ways to raise lots of awareness but must be backed-up by good planning and PR.

 

What must-do advice would you give to a businesses launching a new product in 2018?

If you have been successful in another territory first before moving to the EU, ask yourself why you were so successful and how you can match that here. The Distribution model of selling straight to big retailers before doing brand development may not be the right one. Focus on growing your brand first and your sales will come with it.

 

And finally, what are you looking forward to seeing at CES this year? 

I am looking forward to the re-emergence of useful connected products. The past two years there has been a flood of people making ‘connected’ products just because they can. No-one needs a connected umbrella!! Hopefully they will be replaced by useful products this year.

 

Ben Hofman is the Founder of Atlantic Access


Fanclub PR win Love Cocoa

It feels like we’ve won the golden ticket at Fanclub HQ, following the announcement of our latest client – Love Cocoa! Founded by James Cadbury (the great-great-great grandson of John Cadbury), the luxury chocolate company creates British inspired flavours with contemporary twists, including Earl Grey, English Mint and Maldon Sea Salt.

James Cadbury, Founder of Love Cocoa stated:

“Fanclub’s experience, creativity, and shared passion for chocolate made them an easy choice for me. We look forward to working with them over the upcoming months as we grow, and start sharing the Love Cocoa story” 

We’ll be handling Love Cocoa’s press office, launching new products (did you hear about the Vegan Avocado Dark Chocolate bar?) and sharing James’ story and chocolate with the world.


The Paleo Foods Co. appoints Fanclub PR

We're stoked to announce that we're working with The Paleo Foods Co., a health food brand on a mission to disrupt the breakfast category by moving consumers away from unhealthy, packaged cereals. Instead, its range of natural granolas are free from cereal grains and packed with simple and wholesome ingredients that are low in sugar and low in carbohydrates.

As mentioned by our friends at PR Week, we'll be looking after consumer and trade PR, managing an influencer outreach programme for the brand and working on cross category new product launches. Claire Dinsmore, ‎Founder of The Paleo Foods Co. commented:

“We chose the Fanclub team for their understanding of the food and drink market and their enthusiasm for our product. Their industry experience combined with their unique approach and creativity stood out to us and we look forward to working alongside them.

Watch this space for Paleo news!

 


Why coffees and good content are more important than ever in PR

There’s been a lot of talk about General Data Protection Regulation (GDPR) in marketing press, but less so in PR press - even though there’s room for it to affect all of us in this industry. If you don’t know what the GDPR is, then you should.

 

So, what is it?

The EU’s GDPR, to help organisations understand new legal frameworks, will come into full effect in May 2018 for both B2B and B2C communications.

From a series of new rules which will govern marketing data, the most pressing one for the industry is the need for ‘explicit consent’ from the recipient of a marketing email as well as the consent to be verifiable; in other words, having records showing the origin of the data.

The fine is hefty. Seriously hefty. It’s four per cent of global revenue or €20 million, whichever is bigger. Ouch.

 

And what’s it got to do with PR?

Unfortunately, some PRs are still guilty of sending out very sales-y press releases / e-alerts / emails which could be deemed as marketing content. For example, if you send out mail-merges of hundreds of pitch emails to try and secure coverage, then you may hit a pissed-off journalist who will deem your email as unsolicited marketing content. If they’re really pissed-off, they might flag this under the new regulations. If you can’t then prove you have consent to contact this person, you’ll be in a tricky situation. If you’re asked for a copy of the data and you don’t have it, then we’re slipping further out of the grey area and more into the red.

 

Essentially, we’re not completely sure what it means for us as PRs yet, but we had better start researching and preparing ourselves for the worst.

 

What do we do to protect ourselves?

Firstly (and this should be something all PRs are doing anyway), make sure you are providing journalists with good content that is relevant to them. Every PR event with journalist speakers and every PR / journalist forum, and I mean every single one, has a takeaway of the same message: do your research and stop pitching blindly with things that are irrelevant.

 

Yes, we are time pressed, but so are journalists- probably more so. Yes, sometimes it’s not always our own personal faults, but we should be finding time to look over our media lists and making sure we are targeting the right people with the right story. It’s in our interests, our clients’ interests and the journalist’s interests. Start prepping now and take that extra time to find those people that are relevant to your sectors, clients and pitch topics. You also need to make sure your content is quality content, and not a sales pitch. If someone requests that you destroy their data and never contact them again, then you must oblige under the new regulations- that’s a contact gone for good.

 

Secondly, work on building relationships with your key contacts. If you genuinely have something to offer them then there’s no reason why the journalist wouldn’t want to meet up and build a relationship with you. So, get networking (without taking a sales pitch along with you).

 

Thirdly, and finally, start logging your consent as if you were a marketing agency. Although this is a huge grey area, there’s no harm in beginning to prepare yourself and getting one step ahead.

 

Take a read of PR Week's story too discussing GDPR, which inspired us to blog about the regulation.