Best Influencer Analytics in May 2022
While the influencer marketing industry is booming, brands still find it hard to measure the business impact of influencer activity. That is why your business needs influencer analytics tools. They help you find the right creators to partner with, measure the results of your influencer partnerships, and use influencer relationships effectively to grow your business.
updated May 18, 2022 12:11 PM
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Frequently Asked Questions
Truely is based on AI algorithms that are getting smarter every day.
What are social media influencers?
Influencers are people with a large following on social media. They can be anyone - celebrities, bloggers, tiktokers - with a loyal community that actively engages in their content. Influencers are trendsetters for new products, brands, and experiences.
How can influencers help my brand?
Because they have the trust of their followers, the right influencers can help your brand achieve marketing goals such as brand awareness, engagement, and conversion. They can also recommend the best content to resonate with your potential customers.
To know whether an influencer is a good fit for your brand, it’s crucial to examine their metrics. Review the kind and number of audiences they reach, the engagement they receive, and their relevance to your target market. This set of information is called influencer analytics.
What are influencer analytics?
Influencer analytics helps brands and companies measure the reach, engagement, and performance of their influencers. It also helps develop influencer strategies for social media marketing.
To measure an influencer’s analytics and how they align with your brand, use our list of influencer analytics tools.
What kind of metrics can I measure with influencer analytics tools?
Influencer Reach
The number of real followers an influencer has on each social media channel, which reflects the size of the audience your brand can hope to reach through an influencer partnership
Influencer Relevance
Whether an influencer and their content is relevant to your brand’s product and image will determine whether you should build a relationship with that influencer. Influencer analytics software can tell you if your target market shares the same channels and values as the influencer you want to work with.
Influencer Activity And Performance
How often an influencer posts, their popular channels, and the kind of content they publish affect their value as marketing partners. Some analytics marketing tools can compare metrics of different influencers. Others can recommend guidelines on what content should be created for your target market.
Audience Engagement
This is a measure of authentic interactions between an influencer and their followers. It can take the form of post likes, shares, comments, or shared hashtags.
What can influencer analytics tools help me with?
Finding Reputable Influencers
Not all influencers have real followers, consistent posts, or the same values as your brand. Niche industries can also have influencers that are considered inauthentic by their target market.
Building Your Marketing Campaign
Tools can easily identify the channels your influencer works with, and the content trends they can work with to endorse your brand.
Measuring An Influencer’s Business Impact
Tools can show your influencer’s contribution to business metrics such as audience engagement, conversions, subscriptions, and followers.
Paying Content Creators
There is no widely-accepted standard cost for a social media post, Instagram story, or Youtube video. But armed with the right influencer analytics, you can negotiate acceptable terms and compensation packages for your chosen influencers.
Building A Connection With Your Audience
Even the most niche products can find the right brand ambassador with the help of analytics tools.