7 steps for building risk-free influencer partnerships
There are many ways to scale influencer marketing in agencies. Focusing on building risk-free influencer partnerships is a crucial part of the mix. Here are seven ways to build long-lasting relationships:
1. Set Clear KPIs
Do this before you’ve contacted a single influencer. Plan out in detail what your campaign aims to achieve. What does success look like? How will it be measured? Those targets then feed into the decision-making process when it comes to selecting your influencers. Need huge reach? Either hit up the biggest influencers you can afford, or work with a network of micro influencers at scale. Focusing on engagement? Find the influencers that have a genuine bond and relationship with their followers.
2. Conduct Thorough Vetting
With the advance of AI, it’s becoming easier than ever to pull the wool over people’s eyes and fraudulent activities related to influencer marketing are on the rise. To protect your client, you need a vigorous process for vetting potential influencers. Checking they have a Stripe account is a basic way to verify their authenticity and confirm payment security for anti-money laundering (AML). Document other ways your staff will look for professionalism.
3. Perform Account Reviews
Develop a detailed methodology for assessing influencer accounts before you reach out to them with your first contact. Look at a range of factors, including posting frequency, follower numbers, growth patterns, and content quality. You’re looking for influencers who post regularly (but not so regularly that your post disappears from the feed quickly) and maintain consistent engagement with their audience.
4. Ensure Brand Alignment
Do your chosen influencers’ brands align with your clients? Check the influencer’s posting style, content format, and overall values to make sure everything’s a match. If something’s off, the influencer’s audience will spot it immediately – and engagement will drop like a stone. Your client’s brand should feel like a natural partner for the influencer, not a forced PR opportunity.
5. Analyse Engagement Metrics
This is a tricky one, but it’s vital that you go beyond follower counts when you’re assessing potential influencers. You need a full analysis of all their engagement metrics, including likes, comments, shares, and other interactions. Unfortunately, asking influencers for screenshots of these figures leaves you open to potential fraud. Specialist tools and platforms can help you get genuine insights.
6. Use Detailed Contracts
Contracts might seem like a hassle, but a good agreement protects your agency, your client, and your relationships with your influencers. Take specialist advice to ensure your contract template covers all the critical elements of an influencer engagement, including deliverables, compliance with advertising regulations, and the disclosure of any conflicts of interest. You should also explicitly cover ongoing licence ownership.
7. Maintain Communication
At every stage of the process, keep the lines of communication clear and open. Every touch point helps to build trust and strengthen the relationship. Don’t go silent for weeks on end. Instead, reach out to cover all the fundamentals: introductions, negotiation, contracts, shipping, briefs, feedback, approvals, and congratulations on successful results. Campaign tools can streamline this complex relationship management.