What can a blog do to your business?
Till recently, Influencer Marketing as a term was used in the context
of movie and sports stars who endorsed various products and services in
the mass media. Enterprises earmark a sizable portion of their
marketing budget to engage these offline celebrities as a part of their
Influencer Marketing strategy.
However, with Internet penetration
growing exponentially and social media becoming ubiquitous, Influencer
Marketing has touched the next generation of celebrities – bloggers,
video bloggers and micro-bloggers.
Bloggers, who are a source of
inspiration for hundreds and thousands of loyal followers, have become
important influencers because they are seen as authentic and trustworthy
people. In a recent report by McKinsey marketing-inspired word-of-mouth
generates more than twice the sales of paid advertising, and these
customers have a 37 per cent higher retention rate.
Another key
aspect going in the favour of bloggers as influencers is the big connect
they have with the new age social and mobile first consumers.
Brands, both big and small, are increasingly engaging in blogging as an Influencer Marketing tool for the following reasons:
1. COST-EFFECTIVENESS:
In comparison to engaging movie and sport celebs, collaborating with bloggers as a part of Influencer Marketing is much more cost-effective.
2. HUMANISATION OF BUSINESS:
Since blogging is a conversational style of writing where every blogger
has his/her own tonality, it results in greater connect with audiences
and in a native fashion.
3. ENHANCEMENT OF CREDIBILITY:
When bloggers, being a third party, talk about a brand or a product, it
creates an objective-based impression among readers and enhances the
credibility of the brand.
4. EFFECTIVE CONNECT WITH TARGETED AUDIENCE:
Every blogger has their own area of expertise for writing and hence a
niche set of followers. Therefore, collaborating with bloggers with
right set of followers helps brands hit the bull’s eye in terms of
audiences.
5. DRIVING MORE TRAFFIC ON BRAND’S WEBSITE:
Since bloggers generally integrate the images and links of the products
and services they are writing on, it results in driving higher and
relevant traffic back to the brands website.
6. ENHANCING SCALABILITY:
The availability of Influencer Marketing platforms empowers brands to
scale up the collaboration with bloggers from 10’s to 100’s based on
budget and campaign requirements.
The key challenge a brand faces is to find and connect with right set of bloggers. Below are few points a marketer should consider while engaging with social influencers:
Relevance of the blog and blogger:
Marketers must check what the blogger writes about and if the blog
followers fall under the brand’s TG. Quality/tonality of the blog and
background of the blogger are equally necessary to determine before
engaging.
Audience engagement: A good blogger is
the one who knows how to get audience hooked. One way to see the
audience engagement is to check if a blog is receiving any comments from
its visitors. Apart from that, social media connections to the blog can
be a sound parameter to measure the audience engagement.
Reach of the blog:
Reach is an essential metric to attain the popularity of a blog. One
can ask for the monthly traffic analytics of the blog to get the
insights into its reach. The higher the numbers, the better!
Influencer
Marketing, powered by blogging, is the fastest growing channel for
digital customer acquisition and integrating it as an integral part of
marketing mix is the best way to turbo-charge your social sales.
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