Influencer Marketing

B2B Influencer Marketing: 4 Strategies that Move the Needle

B2B-Influencer-Marketing.jpg

With the passage of time, the trend of marketing has been changed dramatically. In this competitive era, many brands are moving towards influencer marketing. This concept of marketing is in full swing these days and just like in B2C marketing, it is gaining great popularity in B2B marketing. However, the ratio of using influencer marketing in the B2C business is still higher.

Using the concept of influencer marketing in the B2C business is simple because we know who our targeted customers are. However, it is much difficult when it comes to B2B. The ones we are dealing with are not sometimes the actual decision-makers of the firm. The gatekeepers of complex decision making are different. Thus, we have to work hard so that these decision-makers might look at our content by chance.

Let us see how we can use influencer marketing effectively in B2B business by using these four smart strategies:

1. Co-creating Content with top-notch Experts

content-creation.jpg

Like many other strategies, this strategy of co-creating content is a win-win strategy for both parties. It also helps in saving a lot of budget. Now, we have to pick the right influencers here. It is ideal to select the ones who have already used our brand. Convincing these influencers is easier than the new ones.

We can search for them by looking at people who tweeted about our brand, who recommended it and who talked about it a few months back. We can also use a tool called Followerwonk for getting a list of influencers.

We can use case studies since influencers will love to share their success stories. In these case studies, we can tag the influencers. Similarly, we can go for video content. Though it requires a good budget, it is one of the best ways of marketing these days. Research shows that 80% of people prefer watching videos rather than reading content.

We can also do research collaborations with a B2B influencer. If we have compiled our data, we can ask the influencer of the B2B market to post it on their blog. For instance, you have collected all the data and statistics about the best pdf converters available online, you can then ask a relevant but top-notch blogger to post it on their website. There is a great tool called BuzzSumo that can provide us ideas regarding the type of data for B2B marketing. We can also look into B2B content marketing strategies for selecting unique topics.

2. Selecting a brand ambassador from your loyal customer group

brand-ambassador.jpg

Although there is a huge list of influencers, persuading them to collaborate with you is not a simple task. You should get ready to be ignored by hundreds of them. However, there is a solution to it and that is using your own loyal customers as brand ambassadors. These loyal customers are easier to convince since they already have experience with your brand and we do not need to sell our brand from scratch.

We can use a few tactics for turning our B2B customers into supporters. Arranging programs like giving some extra points for commenting on your blog post is a great idea. This will increase customer engagement and you will be able to identify the champions.

Similarly, you can make some exclusive groups and add our loyal B2B customers into it. You need to make sure that these groups are highly formal since we are dealing with B2B clients. Adding loyal customers into this group will give them a special feeling and a chance for better interaction. Thus, you will get to know who your loyal customer actually is. You will be able to build a strong bond and ask them for becoming a brand ambassador in return.

3. Always research for new Influencers

Although you have a big group of influencers to work with, you have no guarantee when they will switch to other brands. Thus, you need to keep hunting for potential influencers so that your marketing strategy is not be affected.

You can look for the influencers used by your competitors and try to reach them. Since they are working with your niche, they can switch brands if they get convinced by you. You can also use links to their site to show your interest.

Influencers love it when you share their content. You can use new and creative ways of sharing their content on different social media channels. Opt for some unique ways which they have not used. When they will see that you are putting efforts into this content then they will definitely get in touch with you. However, you should make efforts for the influencers who actually need your content sharing.

For instance, if someone writes a post on Moz, he does not need you to share his content. His post will do well in any case. Thus, you need to see which influencers will actually become happy when you share their content with them and then try to build a relationship with them. Similarly, you can send some corporate gifts to the new influencers. This is a great way of getting in touch with them.

4. Arranging offline events for relationship building

We always have a list of influencers whom we want to meet but have never met so far. Arranging some offline events is a great way of inviting them and having a face-to-face conversation. The old-school thinking that eye-to-eye contact cannot beat any other form of conversation is true.

We can arrange some events only for VIPs. When you invite your influencers on the list of VIPs, they will get a great feeling. Similarly, we can arrange some award functions. Since award functions are arranged in grand events, they require a lot of budget, time and dedication. If you are short of budget, going for a pre or post-event party is also ideal.

In short, B2B influencer marketing has made its unique way of success after looking at the outcomes of B2C influencer marketing. We have to keep searching for new influencers, use different tactics and make smart strategies to keep the needle moving. Since in B2B marketing, we deal in large purchases that do not happen on a daily basis, we need to come out of our comfort zone and make use of the best influencers.


5 Trends in Influencer Marketing that You Can’t Afford to Ignore

influencer-marketing.png

Influencer marketing is here to stay. That’s hardly surprising considering that it typically delivers an ROI 11 times greater than other, more conventional, marketing methods. What company wouldn’t want to take advantage of these numbers?

Some forms of influencer marketing have been around for a long time. But today we have the technology that makes becoming an influencer a lot easier. It also means that gaining recognition can happen at lightning speed.

Here are some of today’s trends in influencer marketing to keep your eye on.

1. Brand Ambassadors

In the past, you could have quite easily had a one-off campaign with a specific influencer to get a quick boost. Going forward, however, it’s best to work with one or two influencers on a long-term basis. Considering that  47% of buyers will only make a purchase decision if they’ve seen three to five pieces of content, it makes sense.

By turning the influencer into a brand ambassador, you’re taking the first steps to create a long-term relationship with their followers. It could also be the key to making your campaigns more authentic.

2. Authentic Campaigns

Most consumers realize that influencers want to earn money doing what they love. So, they generally expect some advertising. That said, they’re also on the lookout for fake endorsements. They want to know that the influencer truly believes in the product. Essentially, followers want to know that the influencer would use the product, whether or not they are being paid to do so.

Creating more authentic campaigns is a top priority. To make your campaigns seem more sincere, it’s important to get your influencer’s input from day one. This is an area where you’ve got to hand over some control. The influencer needs their voice to shine through in your campaigns instead of being handed a strict script to follow.

The results might be a little less polished than a professional ad campaign, but, in this instance, it’s going to work for you.

3. Fake Followers

Marketers have been cottoning onto the benefits of influencer marketing. As a result, influencers can rake in some serious money. This, in itself, has boosted the “influencer as a business” model as well. There are a lot of would-be influencers out there and a lot of people peddling courses on how to become one.

The problem with this is that there’s a real drive to take shortcuts. Most influencers are paid according to how many followers they have. The downside is that it’s possible to blur the lines here. In one study, researchers found that 24% of influencers had manipulated their numbers at one stage or another.

An influencer might, for example, join an online community designed to boost page stats. These usually work on a reciprocal basis. The community gets together to promote each other’s pages and to increase engagement. So, I’ll like your page, if you’ll like mine. I might also engage with posts on your page on the same basis.

Another issue is the outright buying of engagement. You can find a follower platform that uses bots to increase engagement. These bots can be quite intelligent – they will like a page, and then share or engage with posts over a period of time. This mimics how real users might react to posts. The influencer will pay for the number of shares and posts.

It’s something that was, up until now, difficult to detect without digging into each follower’s account. It’s becoming easier, though, as social media platforms are cracking down on fake profiles.

There are also companies tackling this issue head-on using AI. Companies like Social Chain are offering their services to audit influencers. This is a good thing for the industry because it’ll make it possible to get verified reports on followers.

Good influencers will be happy to have their statistics verified. Those using fake followers will soon get sniffed out. While it will still be possible to trick the system, it will continue to get harder and harder to do so.

4. Improvement in Measurement Tools

At present, it’s not that easy to measure the organic results of a campaign. You can see how many likes and clicks there are. But how can you measure the organic exposure you’re actually getting?

Last year, Facebook made a step in the right direction.

By allowing marketers to use first-party cookies, Facebook has made it that much easier for marketers to track their progress. Users do need to opt-in to allow marketers to use this type of cookie. If they do, though, you’ll get a whole lot of statistics to draw from.

5. The Importance of ROI

Part of the problem with influencer marketing is that it’s difficult to quantify the ROI of each campaign. But things are changing. Social media platforms are now able to calculate the ROI of each campaign if they have API access.

Reporting measures will improve as we go along. This will allow companies to calculate exactly how much financial value they’re getting for their campaigns. This, in turn, allows companies to be more effective when it comes to tailoring their campaigns. If they see that the campaign is not delivering the required results, they can tweak their content and strategy.

Final Notes

Influencer marketing is a firm favorite amongst marketers today. It’s effective because it’s seen as a recommendation from a real person who has gained the trust of their audience. This is not some far-removed celeb that lives a glitzy life.

These are real people like you and me. They have attained some sort of celebrity status, but they’ve also built a good relationship with their followers.

Taking advantage of that relationship could lead to a profitable alliance between your company and the influencer. As long as you’re willing to put in the effort upfront to find a good match, you should see some promising results. But, be sure to keep an eye out for more influencer marketing trends to know what to avoid, and how to best optimize your strategy.