Influencer marketing is a part of social media marketing that involves product promotion with influencers or we can say the brand endorsement but there is a need for the right influencer marketing strategy for effective growth of the business.
Here are few things that a good brand always considers for effective influencer marketing techniques.
1. Leading Influencer: The influencer should have enough amount of followers in order to promote brands.
2. Niche Content creator: The content creator must be of the same niche in order to convert more potential users into customers.
3. Small brand requirements: Small brands generally finds people with 1000–5000 follower for two reasons.
a) They will not have to have a much higher amount to that creator.
b) As per few studies it has been shown that generally, these kinds of people have a high engagement ratio.
4. Big brand requirement: Big brands generally go for influencers who have minimum followers of 10,000 with a good engagement audience. This is because people usually buy followers from various paid sources and those followers are kind of fake as they did not show engagement like the rest audience.
5. Working of intermediaries: Usually, big brands do not directly connect with influencers for brand endorsement instead they go with a marketing agency and that agency search for potential influencer as per product /service requirement.