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6th Annual Social Media Marketing Conference




                      formerly


Why Influencer Marketing Matters
    Presenter: Holly Hamann, co-founder, TapInfluence
About Your Presenter
          Holly Hamann
     holly@tapinfluence.com
         @HollyHamann



       Co-founder, TapInfluence
            Sixth tech start-up
      18 years in digital marketing
Mathematics and Computer Science Degree



      Blogger – www.LoveandMath.com
      Frequent speaker on social marketing
                                             #TapInfluence
Where are your customers?
Disruptive Trends in Digital Marketing



                 Online
               Advertising


           Social       Content
           Media       Marketing
1. Banner Advertising Doesn’t Work




Advertising budgets are shifting to social media, and major
brands are looking for intelligent, proven and measurable
strategies to improve engagement and influence.
8% of internet users account for
85% of all clicks
2. Consumers Want Content




Content Marketing – compelling, relevant content, developed
internally or through a community of key influencers, is driving more
meaningful and stronger levels of social engagement with consumers.
There is only one true branding
mechanism online and that’s
content marketing.
3. Social Media Creates Influencers




Social Marketing – a new breed of technologies and best practices
are emerging to target, automate and measure PR, sales, and
marketing processes and the ROI of social marketing campaigns.
In 5 years, marketers will spend
more on social, mobile, and video
than search.
Shifts in Brand Marketing




Control             Partnership
Impressions         Engagement
Purchase            Consideration
Reaching everyone   Niche audience
Conclusions         Content
Facts               Opinions
Linear (print/tv)   Non-linear Mobile and
                    video
The New Influencer
Customers Follow Her
What do influencers have that brands don’t?
What is Influencer Marketing?




Partnering with influencers who help create and share peer-trusted content.
Partnerships With Influencers Are Key

• Helps reach more target consumers
• Creates trust
• Provides relevant consumer content
• Helps create highly engaging, authentic content (video and
  mobile, blog posts)
• Scalable
• Creates powerful earned media
• Effective supplement (or alternative) to banner advertising
What do influencers want?
We asked 65,000 of them
We Wanted to Know
• What does the ideal brand partnership look like?

• Which product category campaigns are most desirable?

• How does trust and social good influence partnership choices?

• How is influence measured?

• How effective are brands at connecting, pitching, and
  compensating bloggers?

• Which brands are the most successful at forming influencer
  partnerships?
Survey Demographics
Core Influencer Categories
                                  Top “Other” categories:
                                  • Personal
                                  • Beauty
                                  • Books
                                  • Faith/Religion




 This is where thousands of untapped powerful niche influencers live.
Hours per week spent engaged with other blogs


                     Bloggers who spend 6 or more hours
                     per week commenting on other blog
                     communities show a correlated increase
                     in revenue.




             Hours per week
Influencers favor brand-sponsored social media
              and blog campaigns!


       93% have purchased a product based on information
           they found on a blog or online community.


 • 60% respected brands who wanted to interact with bloggers,
   thought campaigns were fun, validated their blogs, or thought
   they were great opportunities to earn revenue.

 • Less than 2% disliked brand-sponsored social media or blog
   campaigns.
What bloggers want in a brand relationship

                90% of bloggers surveyed were somewhat or
                very interested in working with brands,
                provided they were compensated.
Most popular brand categories (view 1)
What’s TRUST got to do with it?

• 70% of influencers trust a brand more when that brand is
  promoted or recommended by someone they know from a blog
  or social media

• 56% of influencers trust a brand more when a campaign includes
  an element of “social good” (raising money or awareness for a
  non-profit or social cause).
How brands are reaching out to bloggers




                      58% of bloggers have never been
                     approached by a brand to work on a
                                 campaign
Effectiveness of brand pitches
  Number of brand pitched received by bloggers each year




                            • Nearly 2/3 of bloggers reject at least half of the
                                • Nearly 2/3 of bloggers reject at least half of the brand
                             brand pitches they receive.
                                  pitches they receive.
                            • 87%87% said personal feelingsabout a brand influences
                                 • said personal feelings about a brand
                             influences whether they will work brand.
                                  whether they will work with that with that brand.
Elements of a good pitch

•   Personal
•   Targeted
•   Relevant
•   Compensation
•   Clear
•   Organized
•   Concise
What product category campaigns were accepted?
Reasons for negative experiences




                         12% of bloggers had a negative
                         experience working on a brand
                                   campaign.
Brands creating successful partnerships
Just like any perfect relationship…
Influencers want:
Brands want:
How do you get it?
     What bloggers want                                                 How to get it

Commitment                       Engage bloggers for multiple campaigns to create relationships you can rely on for years.



Partnership                      Products and trends evolve over time. Take the time to ask bloggers about your brand and
                                 product. Then listen.


Respect                          Be as professional as you would with any business colleague.

Compensation                     Asking bloggers to work for free is short-sighted. Create powerful partnerships by
                                 providing mutual benefit and compensation.


Clarity                          Be clear about campaign scope (amount of work required, deadlines, compensation, non-
                                 competes, etc). Make it easy to say yes or no.


To champion valuable products    Provide a high-quality product that is appropriately targeted (i.e. don’t ask a diabetic
                                 blogger to write about your chocolate bar).
  Photo source: Warner Bros.

Social engagement                Follow bloggers on Twitter and Facebook, join their community discussions, comment on
                                 their blogs, get to know them.


Balance                          Create campaigns that accommodate family-oriented lifestyles.
Current Clients
Thank You!
      Holly Hamann
 Co-founder, TapInfluence
 holly@tapinfluence.com

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TapInfluence Co-founder Holly Hamann Presents "Why Influencer Marketing Matters"

  • 1. 6th Annual Social Media Marketing Conference formerly Why Influencer Marketing Matters Presenter: Holly Hamann, co-founder, TapInfluence
  • 2. About Your Presenter Holly Hamann holly@tapinfluence.com @HollyHamann Co-founder, TapInfluence Sixth tech start-up 18 years in digital marketing Mathematics and Computer Science Degree Blogger – www.LoveandMath.com Frequent speaker on social marketing #TapInfluence
  • 3. Where are your customers?
  • 4. Disruptive Trends in Digital Marketing Online Advertising Social Content Media Marketing
  • 5. 1. Banner Advertising Doesn’t Work Advertising budgets are shifting to social media, and major brands are looking for intelligent, proven and measurable strategies to improve engagement and influence.
  • 6. 8% of internet users account for 85% of all clicks
  • 7. 2. Consumers Want Content Content Marketing – compelling, relevant content, developed internally or through a community of key influencers, is driving more meaningful and stronger levels of social engagement with consumers.
  • 8. There is only one true branding mechanism online and that’s content marketing.
  • 9. 3. Social Media Creates Influencers Social Marketing – a new breed of technologies and best practices are emerging to target, automate and measure PR, sales, and marketing processes and the ROI of social marketing campaigns.
  • 10. In 5 years, marketers will spend more on social, mobile, and video than search.
  • 11. Shifts in Brand Marketing Control Partnership Impressions Engagement Purchase Consideration Reaching everyone Niche audience Conclusions Content Facts Opinions Linear (print/tv) Non-linear Mobile and video
  • 14. What do influencers have that brands don’t?
  • 15. What is Influencer Marketing? Partnering with influencers who help create and share peer-trusted content.
  • 16. Partnerships With Influencers Are Key • Helps reach more target consumers • Creates trust • Provides relevant consumer content • Helps create highly engaging, authentic content (video and mobile, blog posts) • Scalable • Creates powerful earned media • Effective supplement (or alternative) to banner advertising
  • 18. We asked 65,000 of them
  • 19. We Wanted to Know • What does the ideal brand partnership look like? • Which product category campaigns are most desirable? • How does trust and social good influence partnership choices? • How is influence measured? • How effective are brands at connecting, pitching, and compensating bloggers? • Which brands are the most successful at forming influencer partnerships?
  • 21. Core Influencer Categories Top “Other” categories: • Personal • Beauty • Books • Faith/Religion This is where thousands of untapped powerful niche influencers live.
  • 22. Hours per week spent engaged with other blogs Bloggers who spend 6 or more hours per week commenting on other blog communities show a correlated increase in revenue. Hours per week
  • 23. Influencers favor brand-sponsored social media and blog campaigns! 93% have purchased a product based on information they found on a blog or online community. • 60% respected brands who wanted to interact with bloggers, thought campaigns were fun, validated their blogs, or thought they were great opportunities to earn revenue. • Less than 2% disliked brand-sponsored social media or blog campaigns.
  • 24. What bloggers want in a brand relationship 90% of bloggers surveyed were somewhat or very interested in working with brands, provided they were compensated.
  • 25. Most popular brand categories (view 1)
  • 26. What’s TRUST got to do with it? • 70% of influencers trust a brand more when that brand is promoted or recommended by someone they know from a blog or social media • 56% of influencers trust a brand more when a campaign includes an element of “social good” (raising money or awareness for a non-profit or social cause).
  • 27. How brands are reaching out to bloggers 58% of bloggers have never been approached by a brand to work on a campaign
  • 28. Effectiveness of brand pitches Number of brand pitched received by bloggers each year • Nearly 2/3 of bloggers reject at least half of the • Nearly 2/3 of bloggers reject at least half of the brand brand pitches they receive. pitches they receive. • 87%87% said personal feelingsabout a brand influences • said personal feelings about a brand influences whether they will work brand. whether they will work with that with that brand.
  • 29. Elements of a good pitch • Personal • Targeted • Relevant • Compensation • Clear • Organized • Concise
  • 30. What product category campaigns were accepted?
  • 31. Reasons for negative experiences 12% of bloggers had a negative experience working on a brand campaign.
  • 33. Just like any perfect relationship…
  • 36. How do you get it? What bloggers want How to get it Commitment Engage bloggers for multiple campaigns to create relationships you can rely on for years. Partnership Products and trends evolve over time. Take the time to ask bloggers about your brand and product. Then listen. Respect Be as professional as you would with any business colleague. Compensation Asking bloggers to work for free is short-sighted. Create powerful partnerships by providing mutual benefit and compensation. Clarity Be clear about campaign scope (amount of work required, deadlines, compensation, non- competes, etc). Make it easy to say yes or no. To champion valuable products Provide a high-quality product that is appropriately targeted (i.e. don’t ask a diabetic blogger to write about your chocolate bar). Photo source: Warner Bros. Social engagement Follow bloggers on Twitter and Facebook, join their community discussions, comment on their blogs, get to know them. Balance Create campaigns that accommodate family-oriented lifestyles.
  • 38. Thank You! Holly Hamann Co-founder, TapInfluence holly@tapinfluence.com