04 November, 2024
In the fast-paced world of influencer marketing, choosing the right platform can make or break your campaigns. While plenty of platforms promise to be the all-in-one solution, only a few actually deliver the features you need to scale efficiently and effectively. Before you commit, it’s essential to know which key capabilities can drive success and streamline the entire influencer experience for you.
In this article, we’ll walk you through the seven essential features that every influencer marketing platform should offer.
1. Powerful Campaign Tracking and Analytics
Campaign analytics are at the heart of an influencer campaign manager’s role, yet many platforms struggle to provide the depth and accuracy needed.
Relying on individual influencers to send screenshots delays reporting and risks data integrity. Ideally, an influencer platform should have direct links to social media channels, ensuring validated, real-time performance metrics. With this foundation of reliable data, campaign managers can accurately track engagement, reach, conversions, and ROI. They can then make informed adjustments that keep campaigns on track and drive performance.
2. An Active Influencer Community
Many influencer marketing platforms boast about the sheer number of influencers they have access to, but quantity doesn’t guarantee quality. What matters is the number of actively engaged influencers -- those who are ready to take on campaigns and can be trusted to do so.
Having an actively engaged influencer community immediately elevates your chances of success. This means that the influencers are primed and ready to accept projects issued on your chosen platform.
The Sway Me Good platform currently has 15,000 influencers who’ve proactively chosen to accept work through our platform. Their profiles are also well distributed, ranging from large headline influencers through to middle influencers and smaller, more niche influencers who are still growing their audience. Working with a combination of influencers like this helps to develop your brand recognition and appeal to social media algorithms.
3. Influencer Valuations
This is one of the most complex and variable aspects of any influencer marketing campaign. In general, creators don’t know what their accurate market rate is. At the same time, neither do agencies or brands. Everyone is simply trying to best-guess their way to an agreeable figure.
But operating like that instantly undercuts your ability to derive the best ROI from your campaign.
Instead, look for an influencer marketing platform that offers accurate valuations for all the potential influencers you may work with. A comprehensive algorithm like the one developed by Sway Me Good immediately removes the hassle of negotiation, with both parties understanding the fee before any project discussions take place.
4. Content Approvals and Buyer Protections
If you issue a brief and receive work that doesn’t meet your expectations, you need to have the right level of protection in all circumstances.
A well-defined approvals process should be in place, giving your influencer the opportunity to rectify any issues and provide content that’s aligned with your overall campaign. But if they fail to do this, you shouldn’t be expected to make payment.
Well-structured influencer marketing campaigns have buyer protections in place to protect you against non-adherence, non-delivery, or outright ghosting.
5. IP Content Licensing Rights
Any introductory service operating in influencer marketing should be covering licensing as part of its standard user agreements. As the buyer, you shouldn’t have to face the prospect of reopening negotiations with your influencers potentially years from now if you have a simple reuse idea.
Take time to ensure your chosen platform is clear, transparent, and upfront with its handling of intellectual property issues.
6. Support For Different Payment Strategies
When you work with influencers at scale, not everything is uniform. You or your influencers may wish to try different payment strategies, and a good influencer marketing platform should be able to support this.
Paying per post, gifting, affiliates, and setting up long-term partnerships should all be available options. This gives you unrivalled flexibility to design and manage an influencer marketing campaign uniquely aligned to your objectives and budget.
7. Large-Scale Shipping Capabilities
If you start working with more than 100 influencers at any one time, shipping becomes an almost insurmountable headache. Your team will probably feel the challenges and frustrations of putting boxes together for 20 influencers.
If you hit triple figures, the strain becomes impossible. From picking and packing each product through to boxing it, labelling it, and mailing it, every task adds time and strain to your internal workload and processes. And that’s before you’ve even considered securing each influencer’s address and liaising with them over delivery times.
If you find a platform that can process large-scale shipping for you, you’ve scored a major win.
Scale influencer marketing with Sway Me Good
Brands and agencies that have successfully scaled their influencer marketing have often done so with an influencer marketing platform to help coordinate and support their efforts.
There’s simply no other practical way of managing tens, hundreds, or thousands of influencers simultaneously – and Sway Me Good has been designed to help with that.
If now’s the time to choose the right platform for your business, don’t rush, do your research, and make sure you’ve got all the seven core features covered in this article.
If you do that, you’re sure to be on to a winner.
Ready to see what Sway Me Good could do for you? Book a demo today.
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