SlideShare a Scribd company logo
Describe the main challenges
when rolling out an influencer
engagement strategy.
Learning objective of Module 1, Lesson 2
Challenges when engaging influencers
• A survey of marketing and
communications professionals
found 3 main challenges when
rolling out an influencer
engagement strategy:
• How to identify the right
influencers.
• How to find the right
engagement tactics.
• How to measure the
performance of your programs.
Fewer journalists are the right influencers
• At daily newspapers, the total
newsroom workforce has
been cut by more than 40% --
from 55,000 in 2007 to 32,900
in 2015.
• The trade press has imploded
over the past 15 years and the
handful of business magazines
still being published have
skeletal editorial staffs.
Source: Poynter, American Society of News Editors annual newsroom census
Identifying the right influencers is hard
• Despite wanting to leverage
influencers more effectively
for their earned media and PR
campaigns, 75% of
communicators say they
struggle with identifying the
right ones.
• And 80% of influencers
complain about receiving
irrelevant pitches from brands.
Source: Cision, “Do You Know the 5 Truths of Modern Media Targeting?,” Mar. 1, 2017
Some engagement tactics may not work
• My agency identified 1,659
influencers who had written at
least one story or post about
ringworm in the past year, 499
about athlete’s foot, and 339
about jock itch.
• But none of these influencers
were interested in writing
about Lamisil or posting more
frequently about these topics.
Some engagement tactics only work once
• Ever since the ice-bucket
challenge raised $115 million
for ALS research in 2014, a
legion of imitators has sprung
up to try and cash in
themselves.
• But the failure of these newer
gimmicks demonstrates the
finicky nature of finding the
right engagement tactics.
Source: The New York Times Magazine, “The Ice-Bucket Racket,” Nov. 14, 2014
Measurement is key to bigger budgets
• Half of brands report small
influencer marketing budgets
in comparison to the rest of
the marketing mix, allocating
less than $100,000 annually.
• This indicates that influencer
marketing has difficulty
proving that it generates the
economic value that would
make it a strategic priority.
Source: Brian Solis, “What is Influence 2.0 and why is it important in the future of CX?,” Jan. 30, 2017
Measure key performance indicators (KPIs)
• Just because you can measure
just about anything, doesn’t
mean that you should.
• Start by monitoring and
reporting the results of your
activities in a way that makes
sense to your stakeholders
(the people who determine
your budgets should definitely
see your reports).
Source: Robert Rose, CMI, “The 2017 Content Marketing Framework: 5 Building Blocks for Profitable, Scalable Operations,” Oct. 27, 2016
Quiz: Describe the main challenges when
rolling out an influencer engagement strategy.

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Influencer marketing strategy - module 1 lesson 2

  • 1. Describe the main challenges when rolling out an influencer engagement strategy. Learning objective of Module 1, Lesson 2
  • 2. Challenges when engaging influencers • A survey of marketing and communications professionals found 3 main challenges when rolling out an influencer engagement strategy: • How to identify the right influencers. • How to find the right engagement tactics. • How to measure the performance of your programs.
  • 3. Fewer journalists are the right influencers • At daily newspapers, the total newsroom workforce has been cut by more than 40% -- from 55,000 in 2007 to 32,900 in 2015. • The trade press has imploded over the past 15 years and the handful of business magazines still being published have skeletal editorial staffs. Source: Poynter, American Society of News Editors annual newsroom census
  • 4. Identifying the right influencers is hard • Despite wanting to leverage influencers more effectively for their earned media and PR campaigns, 75% of communicators say they struggle with identifying the right ones. • And 80% of influencers complain about receiving irrelevant pitches from brands. Source: Cision, “Do You Know the 5 Truths of Modern Media Targeting?,” Mar. 1, 2017
  • 5. Some engagement tactics may not work • My agency identified 1,659 influencers who had written at least one story or post about ringworm in the past year, 499 about athlete’s foot, and 339 about jock itch. • But none of these influencers were interested in writing about Lamisil or posting more frequently about these topics.
  • 6. Some engagement tactics only work once • Ever since the ice-bucket challenge raised $115 million for ALS research in 2014, a legion of imitators has sprung up to try and cash in themselves. • But the failure of these newer gimmicks demonstrates the finicky nature of finding the right engagement tactics. Source: The New York Times Magazine, “The Ice-Bucket Racket,” Nov. 14, 2014
  • 7. Measurement is key to bigger budgets • Half of brands report small influencer marketing budgets in comparison to the rest of the marketing mix, allocating less than $100,000 annually. • This indicates that influencer marketing has difficulty proving that it generates the economic value that would make it a strategic priority. Source: Brian Solis, “What is Influence 2.0 and why is it important in the future of CX?,” Jan. 30, 2017
  • 8. Measure key performance indicators (KPIs) • Just because you can measure just about anything, doesn’t mean that you should. • Start by monitoring and reporting the results of your activities in a way that makes sense to your stakeholders (the people who determine your budgets should definitely see your reports). Source: Robert Rose, CMI, “The 2017 Content Marketing Framework: 5 Building Blocks for Profitable, Scalable Operations,” Oct. 27, 2016
  • 9. Quiz: Describe the main challenges when rolling out an influencer engagement strategy.