IDENTIFYING & ENGAGING
     INFLUENCERS
                             Hello!




Your trusty presenter: Carin Galletta Oliver
                @InkFoundry
           carin@inkfoundry.com




  Find the most influential individuals for your company
WHY INFLUENCER MARKETING
✤   Influencers are the biggest revenue resource for your company

✤   Reduces marketing resource waste

✤   Empowers your biggest fans

✤   Amplifies positive word of mouth

✤   Generates offline action
TRUST DRIVES PURCHASE
CONSUMER TRUST BY CHANNEL
  Recommendations from people known     70%   70%




                                            ?
  Consumer opinions posted online
  Brand websites
                                                          69%
  Editorial content
  Emails signed up for                90%
                                                                 54%
  Search engine results ads


                                                               41%




When it comes to
purchase recommendations,
consumers trust friends
more than any other source.                   Source: The Nielsen Company
WHAT IS INFLUENCER MARKETING

  The Word of Mouth Marketing Association defines an influencer as:

A person who has a greater than average reach or impact through word of
mouth in a relevant marketplace.

WOMMA defines influencer marketing as:

Influencer marketing is when a marketer identifies, seeks out, and engages
with influencers in support of a business objective.
 
17%

                                                    17% drive
                                                 50+% of purchases




INFLUENCERS MATTER
The Keller Fay Group recently reported influencers account for approximately 17 percent of the population, but they are responsible for driving billions in annual
revenue. A recent Ink Foundry survey of frequent diners indicates more than 50 percent of dining decisions are made because of a recommendation from a family, friend
or coworker.
RECOMMENDATION RELAY RATES
                          ACTIVATING INFLUENCERS CAN STRENGTHEN
           TOTAL REACH
            6388 people
                                  YOUR MARKETING BUDGET




            GEN TWO
           4898 people




                                                      Average Pass Along:
                                                      3.66 per person



             GEN ONE
            1340 people

                          Average Pass Along:
                          8.93 per person

              START
            150 people



                             Source: Dr. Walter J. Carl - Northeastern University
DOES POPULARITY RULE?
✤   Old vs. New

✤   High School Cheerleader Model vs. Contextual Influence

✤   Old thinking believed that if the popular high school cheerleader liked
    something then everyone else would too. Influence was thought to act like an
    umbrella and cover everything.

✤   We know better now: The most influential marketer in a consumer's life is a
    credible peer in their social sphere with demonstrated authority and passion
    in a particular category.

✤   Influence is contextual
STEAK
                                                               Vegetarian
                                                              = low context
                                                           = no product passion
                                                          = untrusted in category
                                                             = no experience

                                               UNLIKELY TO INFLUENCE A STEAKHOUSE VISIT




                                                             FASHION
                                                            Boutique owner
                                                              = high context
                                                          =passionate product user
                                                           = trusted in category
                                                           = loads of experience

                                                 LIKELY TO INFLUENCE A FASHION PURCHASE




INFLUENCE IN CONTEXT
Different communities have different needs and leaders
BRAND PARAMETERS DETERMINE INFLUENCE

✤   Your brand determines who is most influential for you

✤   Example:

    ✤   Fleming’s Prime Steakhouse & Winebar goals & profile

        ✤   Position: Female friendly

        ✤   Target: Freshmen foodies

        ✤   Goal: Reach new audiences
WHO IS MORE INFLUENTIAL?

                                                                The
              FoodAprecianado        VS.                     WineBratSF



•   Not on any ‘tops’ lists                •   Appears on several ‘tops’ lists
•   Lightly trafficked blog                 •   Popular blog, more followers
•   Small digital footprint                •   Very engaged community
•   Very engaged community                 •   Skeptical of chain restaurants
•   Generally glowing reviews              •   Several negative reviews
•   Casual dining aficionado                •   Posts about extremely high
                                               brow wines and restaurants
Likely to be a Fleming’s influencer
                                               NOT a Fleming’s influencer
INFLUENCER TOOL BELT REQUIRED
✤   Use listening and search tools to find influencers.

✤   Most social media tracking tools identify influential sites and not influential
    individuals.

✤   You’ll need to combine data sets and analyze results to find individuals.
Find    Listen   Evaluate




                                Hey man,
                              Use your head!




TOOLS WE USE
EVALUATING INFLUENCERS
 1. Identify top category communities: weight some more than others

 2. Active individuals: Who is engaging?

 3. Sentiment: Look for mostly positive posters

 4. Authority & Volume: Engagement with others is key
    (loud & chatty doesn’t equal authority)

 5. Passion: Look for effusive language

 6. Location: Are they within your company’s area of influence
Tips For
     Engaging
    Influencers
Different Strokes for Different Folks




                                        Photo: Vintage Ty & Laramie, courtesy of Ward Swan
KNOW YOUR INFLUENCER
✤   Research, research, research

✤   Listen, listen, listen before contacting them

✤   Do they work with a competitor?

✤   Is there anything in their posts that would come back to bite you?

✤   Many bloggers list instructions on how they would like to be contacted &
    worked with, read the about page

✤   Save yourself some embarrassing moments by doing your due diligence
7 ENGAGEMENT TIPS
1. Provide value: What value do you bring to them?

2. Understand platform etiquette: Know the rules of the social channel you are contacting
   them on

3. Introduce yourself: On whose behalf are you contacting them

4. Make it personal: Send a note citing something you liked about their blog or posts

5. Be clear: Don’t make them guess what you want

6. It’s all about them: Tell them why you chose them

7. Don’t pester: No amount of follow up will earn your brand a recommendation if they
   didn’t like the experience
FTC DISCLOSURES
✤   Ensure your influencers follow the FTC Guidelines for adequate disclosure

✤   Those guidelines include:

    ✤   Disclosing ANY material relationship they have with your company

        ✤   Example:

            ✤   I received a bottle of wine to review for this blog.

✤   The FTC holds brands responsible for bloggers who don’t disclose
ENGAGING DIFFERENT INFLUENCER
TYPES
✤   Hidden influencers

    ✤   The most valuable of all influencers

    ✤   Reach extends to social groups, marketers otherwise can’t reach

    ✤   Product passion drives their recommendations

    ✤   Friends, family and co-workers actively seek them out

    ✤   Engagement tip: Provide an exclusive WOW experience
ENGAGING DIFFERENT INFLUENCER
TYPES
✤   Bloggers

    ✤   Bloggers are rising in influence in many categories

    ✤   Fairly easy to evaluate using tools (including your own analysis)

    ✤   Access to large groups via social footprint

    ✤   Engagement tips: Give them plenty of time to participate,
        provide a way to help them get traffic to their site.
ENGAGING DIFFERENT INFLUENCER
TYPES
✤   Gatekeepers

    ✤   May never spend a dime with you, but can be responsible for significant
        revenue

    ✤   Characterized by having unique access to the decision maker, a
        proprietary way to reach them, as well as, a compelling motive to make
        the recommendation

    ✤   They have the most to lose

    ✤   Engagement tip: Be the safe choice for them and make them
        feel valued
BRAND DETRACTORS



✤   Next webinar: Responding to negative posts on social networks

✤   February 23, 2012 @ noon
QUESTIONS?
Thanks!
You can also email me at
carin@inkfoundry.com

Identifying & Engaging influencers

  • 1.
    IDENTIFYING & ENGAGING INFLUENCERS Hello! Your trusty presenter: Carin Galletta Oliver @InkFoundry carin@inkfoundry.com Find the most influential individuals for your company
  • 2.
    WHY INFLUENCER MARKETING ✤ Influencers are the biggest revenue resource for your company ✤ Reduces marketing resource waste ✤ Empowers your biggest fans ✤ Amplifies positive word of mouth ✤ Generates offline action
  • 3.
    TRUST DRIVES PURCHASE CONSUMERTRUST BY CHANNEL Recommendations from people known 70% 70% ? Consumer opinions posted online Brand websites 69% Editorial content Emails signed up for 90% 54% Search engine results ads 41% When it comes to purchase recommendations, consumers trust friends more than any other source. Source: The Nielsen Company
  • 4.
    WHAT IS INFLUENCERMARKETING The Word of Mouth Marketing Association defines an influencer as: A person who has a greater than average reach or impact through word of mouth in a relevant marketplace. WOMMA defines influencer marketing as: Influencer marketing is when a marketer identifies, seeks out, and engages with influencers in support of a business objective.  
  • 5.
    17% 17% drive 50+% of purchases INFLUENCERS MATTER The Keller Fay Group recently reported influencers account for approximately 17 percent of the population, but they are responsible for driving billions in annual revenue. A recent Ink Foundry survey of frequent diners indicates more than 50 percent of dining decisions are made because of a recommendation from a family, friend or coworker.
  • 6.
    RECOMMENDATION RELAY RATES ACTIVATING INFLUENCERS CAN STRENGTHEN TOTAL REACH 6388 people YOUR MARKETING BUDGET GEN TWO 4898 people Average Pass Along: 3.66 per person GEN ONE 1340 people Average Pass Along: 8.93 per person START 150 people Source: Dr. Walter J. Carl - Northeastern University
  • 7.
    DOES POPULARITY RULE? ✤ Old vs. New ✤ High School Cheerleader Model vs. Contextual Influence ✤ Old thinking believed that if the popular high school cheerleader liked something then everyone else would too. Influence was thought to act like an umbrella and cover everything. ✤ We know better now: The most influential marketer in a consumer's life is a credible peer in their social sphere with demonstrated authority and passion in a particular category. ✤ Influence is contextual
  • 8.
    STEAK Vegetarian = low context = no product passion = untrusted in category = no experience UNLIKELY TO INFLUENCE A STEAKHOUSE VISIT FASHION Boutique owner = high context =passionate product user = trusted in category = loads of experience LIKELY TO INFLUENCE A FASHION PURCHASE INFLUENCE IN CONTEXT Different communities have different needs and leaders
  • 9.
    BRAND PARAMETERS DETERMINEINFLUENCE ✤ Your brand determines who is most influential for you ✤ Example: ✤ Fleming’s Prime Steakhouse & Winebar goals & profile ✤ Position: Female friendly ✤ Target: Freshmen foodies ✤ Goal: Reach new audiences
  • 10.
    WHO IS MOREINFLUENTIAL? The FoodAprecianado VS. WineBratSF • Not on any ‘tops’ lists • Appears on several ‘tops’ lists • Lightly trafficked blog • Popular blog, more followers • Small digital footprint • Very engaged community • Very engaged community • Skeptical of chain restaurants • Generally glowing reviews • Several negative reviews • Casual dining aficionado • Posts about extremely high brow wines and restaurants Likely to be a Fleming’s influencer NOT a Fleming’s influencer
  • 11.
    INFLUENCER TOOL BELTREQUIRED ✤ Use listening and search tools to find influencers. ✤ Most social media tracking tools identify influential sites and not influential individuals. ✤ You’ll need to combine data sets and analyze results to find individuals.
  • 12.
    Find Listen Evaluate Hey man, Use your head! TOOLS WE USE
  • 13.
    EVALUATING INFLUENCERS 1.Identify top category communities: weight some more than others 2. Active individuals: Who is engaging? 3. Sentiment: Look for mostly positive posters 4. Authority & Volume: Engagement with others is key (loud & chatty doesn’t equal authority) 5. Passion: Look for effusive language 6. Location: Are they within your company’s area of influence
  • 14.
    Tips For Engaging Influencers Different Strokes for Different Folks Photo: Vintage Ty & Laramie, courtesy of Ward Swan
  • 15.
    KNOW YOUR INFLUENCER ✤ Research, research, research ✤ Listen, listen, listen before contacting them ✤ Do they work with a competitor? ✤ Is there anything in their posts that would come back to bite you? ✤ Many bloggers list instructions on how they would like to be contacted & worked with, read the about page ✤ Save yourself some embarrassing moments by doing your due diligence
  • 16.
    7 ENGAGEMENT TIPS 1.Provide value: What value do you bring to them? 2. Understand platform etiquette: Know the rules of the social channel you are contacting them on 3. Introduce yourself: On whose behalf are you contacting them 4. Make it personal: Send a note citing something you liked about their blog or posts 5. Be clear: Don’t make them guess what you want 6. It’s all about them: Tell them why you chose them 7. Don’t pester: No amount of follow up will earn your brand a recommendation if they didn’t like the experience
  • 17.
    FTC DISCLOSURES ✤ Ensure your influencers follow the FTC Guidelines for adequate disclosure ✤ Those guidelines include: ✤ Disclosing ANY material relationship they have with your company ✤ Example: ✤ I received a bottle of wine to review for this blog. ✤ The FTC holds brands responsible for bloggers who don’t disclose
  • 18.
    ENGAGING DIFFERENT INFLUENCER TYPES ✤ Hidden influencers ✤ The most valuable of all influencers ✤ Reach extends to social groups, marketers otherwise can’t reach ✤ Product passion drives their recommendations ✤ Friends, family and co-workers actively seek them out ✤ Engagement tip: Provide an exclusive WOW experience
  • 19.
    ENGAGING DIFFERENT INFLUENCER TYPES ✤ Bloggers ✤ Bloggers are rising in influence in many categories ✤ Fairly easy to evaluate using tools (including your own analysis) ✤ Access to large groups via social footprint ✤ Engagement tips: Give them plenty of time to participate, provide a way to help them get traffic to their site.
  • 20.
    ENGAGING DIFFERENT INFLUENCER TYPES ✤ Gatekeepers ✤ May never spend a dime with you, but can be responsible for significant revenue ✤ Characterized by having unique access to the decision maker, a proprietary way to reach them, as well as, a compelling motive to make the recommendation ✤ They have the most to lose ✤ Engagement tip: Be the safe choice for them and make them feel valued
  • 21.
    BRAND DETRACTORS ✤ Next webinar: Responding to negative posts on social networks ✤ February 23, 2012 @ noon
  • 22.
    QUESTIONS? Thanks! You can alsoemail me at carin@inkfoundry.com