Does Influencer Marketing Work for Small Companies?

December 12, 2022

 

When you think of influencer marketing, you probably think about celebrities endorsing brands and their products. But in reality, influencer marketing is accessible to anyone, whether you run a big or small business or operate locally or on a grander scale.

It’s fair to say that influencer marketing for small businesses is one of the most powerful marketing strategies available. With over 4.26 billion social media users worldwide in 2021, it’s no wonder that influencers are contacted by small and large businesses to promote their products in the hopes they go viral on social media.

 

What is Influencer Marketing & How Can It Help Your Business?

Influencer marketing refers to working with renowned or well-known social media personalities to promote your business. Before considering influencer marketing, however, it’s a great idea to understand your campaign’s purpose and marketing goals. A strategy to increase followers will look different than if you want to boost engagement and generate leads. Increased traffic and conversions should also be included in your campaign plan. After setting your goals, it’s time to connect with some influencers.

It’s vital to remember that you can use influencers in a marketing campaign without being an enormous corporation. In fact, you can use influencer marketing as a huge boost to your small business. You can build awareness around your brand by letting influencers use their voices to spread the word about your products. Influencer marketing is projected to reach $21.1 billion.

Through their pages, every influencer has cultivated followers with similar interests. An influencer with 10k to 100k followers can help grow your brand and customer base at a reasonable price. By working with different types of influencers, you can access new audiences at only a fraction of the price of traditional marketing banners or ads.

 

Why Should You Partner With Influencers?

There are many benefits for small businesses to use digital marketing, from building brand awareness to earning more revenue. Whether you have been around for a while or are new in the business, influencers can help introduce your brand locally and nationally while showcasing the benefits of doing business with you.

In addition to helping you stand out, creators can help share your brand story. After all, they are experienced storytellers who can use their skills to highlight your brand and business meaningfully. According to a study, we can retain 70 percent of the information we receive through stories, and only 10 percent from data, so sharing your story could associate various emotions with your company, boosting sales.

Another reason you should partner with influencers is to get a coveted placement on the first page of Google’s search results. There are many factors that can affect your website’s rank. However, influencers can strongly impact some of those factors:

  • Backlinks: If a few high-quality sites link to your website, Google will likely rank it higher because its algorithm sees these links as a form of authority. Partnering with bloggers or influencers might help you gain stronger backlinks and increase web traffic.
  • Reviews: Companies with many positive reviews on Google will likely end up in the Map Pack (the three listings appearing when you search for something locally). Partnering with creators to fuel a review campaign could be an excellent way to get authentic and trustworthy ratings to boost your position.

 

 

How Affordable is Influencer Marketing For Small Businesses?

You can afford to participate in influencer marketing as a small business. Influencer marketing can be cost-effective if you know how to do it properly. With an average ROI of $6.50 for every dollar you spend on influencers, it should be a technique in your marketing toolkit.

Beyond that, partnering with influencers can also help you save money in other areas of marketing. You might repurpose their videos or photos in other marketing channels, such as your website, emails, or paid ads.

In conclusion, adding influencers to your digital marketing campaign can be a game-changer for your small business. However, there are many moving parts you should consider, and it might take a lot of effort to get creators to work with you. As such, you should let a marketing agency help you with your next influencer marketing campaign.

0 Comments

Submit a Comment

Is Your Business Being Found Online?

Laptop Metrics Colorado

Free Digital Marketing Report ($150 Value)

marketing module lineWant to know how your business stacks up against the competition?

Read more articles about Marketing.

Why Investing in Digital Marketing Training Is Crucial for Business Growth 

Nowadays, consumers have become more attached to and dependent on the internet than before. That's why a strong online presence has become more of a need than a luxury for businesses. So, the best way of reaching target audiences effectively, increasing brand...

Maximizing ROI with Location-Based Advertising: Tips and Best Practices

In today's rapidly evolving digital landscape, businesses constantly seek innovative ways to reach their target audiences. Among the many strategies available, location-based advertising has emerged as a powerful tool for maximizing return on investment (ROI). By...

How Does Google Ads Generate Responsive Search Ads

As the digital marketing environment expands and new technologies emerge Google Ads remains one of the most effective ways for a business to find its customers. Among the novelties within Google Ads, there are Responsive Search Ads, or RSAs, for their short name....

Boosting Sales with Klaviyo’s Post-Purchase Email Templates

Introduction   In today's competitive e-commerce, building strong customer relationships is essential for long-term success. Post-purchase email marketing is a powerful tool for nurturing these relationships and driving sales. By strategically utilizing...

Key Components of an API Architecture

At the core of digital transformation lies Application Programming Interface (API) architecture, an indispensable resource for enterprise solution architects and data engineers, lies the Application Programming Interface (API).     This blog post will delve...

Case Studies: Success Stories in Generative AI Consulting

Generative AI is by far one of the most important milestones in the history of artificial intelligence. With this technology, even smaller companies can benefit from artificial intelligence enhance their operations, and save a lot of time. In this post, we want to...

Kansas City SEO Agency: An Ideal Partner for Leaders Unfamiliar With SEO 

An effective SEO- search engine optimization strategy helps a brand stand out as an authority in its industry.   When keywords relating to the business are targeted, consumers searching for those goods or services will be drawn to that company's website.  ...

Driving Business Growth with Digital Marketing and AI Innovations

In today’s fast-paced world, digital marketing is rapidly changing and evolving. The old ways of traditional marketing are long gone. Conventional marketing techniques are no longer enough to capture customer attention.     As businesses strive to stay ahead...

Read more articles about business.

Driving Business Growth with Digital Marketing and AI Innovations

Driving Business Growth with Digital Marketing and AI Innovations

In today’s fast-paced world, digital marketing is rapidly changing and evolving. The old ways of traditional marketing are long gone. Conventional marketing techniques are no longer enough to capture customer attention.     As businesses strive to stay ahead...

Outsourcing Contractor Lead Generations Can Set Your Business Free

Outsourcing Contractor Lead Generations Can Set Your Business Free

Lead generation companies have the potential to transform business by creating leads and improving sales. Outsourcing lead generation like this can be highly advantageous for business growth and development. Companies that promise to deliver increased traffic and...

Considerations for Starting Up Your Recycling Firm

Considerations for Starting Up Your Recycling Firm

Increased environmental consciousness and government regulations have caused unparalleled growth in the recycling industry, presenting a good chance for businesspeople to make profits while bringing about positive change. Nevertheless, setting up a recycling company...

Share This