Public Relations & Social Marketing Insight
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Public Relations & Social Marketing Insight
Social marketing, PR insight & thought leadership - from The PR Coach
Curated by Jeff Domansky
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How to Monetise Your Influence Type: Micro-influencers

How to Monetise Your Influence Type: Micro-influencers | Public Relations & Social Marketing Insight | Scoop.it

Welcome to the next post in our series on monetising your influence type. Last time we looked at Platform-Specific Superstars – a small percentage of all influencers. This time we’re going to take a look at the other end of the spectrum. Most of us fit into the category of “micro-influencer”, and it can be an exciting place to be!Who are Micro-influencers?


Call them what you will – micro-influencers, long-tail influencers, the “Power Middle” – who are they and why are they getting so much attention?


There is no one defining characteristic or measurement that defines you as a micro-influencer. Generally it’s those of us with an online audience of less than 100,000 followers, be that a social or blog following. Some define it more specifically as having 500-5,000 followers, the power middle crowd have been defined as having 100,000-250,000 followers. You won’t get a straight answer from anyone, so let’s look at something other than just audience size to help figure out if you’re a micro-influencer (my term of choice, so I’ll use that from here on in).


Generally, as audience size goes up, engagement comes down. As marketers get smarter and realise the power of engagement over reach, their gaze has drifted to micro-influencers. Here’s why, neatly summed up in a graph from research done by influencer marketing platform Takumi on half a million instagram accounts....

Jeff Domansky's insight:

Think only the big influencers and celebrities make money? Make room for the micro-influencers and the three monetisation strategies they can use.

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How to Create Content That Influencers Will Link To

How to Create Content That Influencers Will Link To | Public Relations & Social Marketing Insight | Scoop.it

So, where can you find these influencers and how can you get them to share your piece of content?


I can understand if you’re skeptical of your own ability. You might doubt whether you can truly create an epic piece of content.


Alternatively, you might not be able to understand why influencers will be interested in you and your content at all.I want to tell you a sneaky little secret…


It’s possible to get industry celebrities to not just share your post, but even link to it....

Jeff Domansky's insight:

Neil Patel shares excellent influencer marketing tips.

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influencer marketing and ROI | Marketing Tom Fishburne

influencer marketing and ROI | Marketing Tom Fishburne | Public Relations & Social Marketing Insight | Scoop.it

Influencer marketing is all the rage, but there’s not a clear understanding of what constitutes influence.

 

A few years ago, I participated in an influencer event for a consumer brand. It was an expensive affair put on by the brand’s agency. There were a few dozen “influencers” there, which, it turned out, meant a collection of people with blogs and social media followings. A photographer captured it all as a glitzy brand experience.

 

Some people blogged or shared about the event, some didn’t, and it left me wondering about the return on that investment. From the photos that were posted, it looked like a beautiful bit of marketing. From the actual impact, not so much.

 

Influencer is a designation with an almost magical glow to it. But not all influencers are created equal. Not everyone with a social media following is an influencer and not every influencer is a good fit for every brand. Brands should also be wary of those who refer to themselves as influencers. There’s a lot of snake oil in influencer marketing....

Jeff Domansky's insight:

Where's the ROI in influencer marketing wonders Tom Fishburne? A must-read for marketers. 9/10

rodrick rajive lal's curator insight, July 26, 2016 1:15 AM
Influencer marketing is in!