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Danny Brown

Danny Brown

podcaster - author - creator

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influence marketing

Crafting an Influence Marketing Strategy Through Data Mining

Data on influence

In the Influence Marketing book, we spend a lot of time diving into the field of big data – specifically, text analytics, ontology, and predictive analytics (hey, we never said it was an easy read!).

For both Sam Fiorella and myself, these disciplines are key to running true influence marketing campaigns, and identifying real influential conversations as opposed to amplified noise through inflated social scores.

As more data becomes available to us, so the nuances of that data become more clear, and we can begin to isolate key terms, phrases and even slang to target the ideal audience for our brand messaging (not to mention those who can disseminate that message to an even wider audience).

A recent infographic, collated by the New Jersey Institute of Technology, shares a deeper dive into the mechanics of data mining and why it’s such a powerful toolset not just for influence marketing, but marketing and customer acquisition in general.

Which, at the end of the day, is exactly the message we share in the book when it comes to the direction influence marketing needs to take if it’s to reach its potential and move beyond the likes of Klout and its ilk.

Enjoy the infographic. And if you want to learn how to use the information in the infographic for your influence marketing strategies, simply click on the “Buy Now” book box at the end of this post… 😉

NJIT New Jersey Institute of Technology ? Online MBA

Influence Marketing Vendors Are Letting Influencers and Clients Down

Danny Brown blog

Back in 2009, social media was just starting to become popular for marketers and brands to work with social media power users to promote their services and products.

Companies like IZEA saw an opportunity to attract people with large social followings or blog subscribers, and offer them money or free products for access to their audience.

Suddenly, Twitter was awash with tweets that were essentially ads, and blogs were rife with content that had been paid for. The problem was, no-one knew this because there was no legal requirement for that sponsored relationship to be disclosed. Instead, it was up to the blogger or “social influencer” to decide whether to disclose or not.

Due to the duplicitous nature of this lack of disclosure – essentially, it’s false advertising and gives brands an unfair advantage over competitors – regulatory bodies stepped in.

In the U.S., the Federal Trade Commission (FTC) published regulations stipulating paid or sponsored content had to be disclosed. Failure to do so would result in fines for brands in the region of $100,000 and up. Bloggers would be safe from this kind of fine (for now, at least).

In the U.K., the Advertising Standards Agency (ASA) is less forgiving, and sees bloggers equally as responsible as the brands they’re working for. If a blogger is found to have promoted sponsored content without disclosure, there are various sanctions they may face.

While I agree that bloggers who deliberately skirt the rules should be punished, I can’t help but feel the vendors they’re working with are letting them down. Case in point – Triberr.

Home of (Grey Area) Influence

Triberr started out as an automated content curation platform, where bloggers could join “Tribes” and share each other’s posts, the idea being to gain more traffic from the extra army of bloggers and their audience you’ve created a Tribe with.

Recently, though, Triberr pivoted and became the self-proclaimed “Home of Influencers”.

Influencer Marketing Campaigns - Triberr

To their credit, they had an interesting approach – brands would create self-served campaigns (where they themselves created the timelines, offers, compensation, etc.) and then open it up to the relevant Triberr members.

Triberr wouldn’t charge for this service. Instead, they’d take a percentage of the final payout the influencers received. Compared to the costs involved with a Klout Perks campaign, this is a far more attractive proposition for both brand and blogger. The brand doesn’t have to pay exorbitant fees, and the blogger makes a decent income.

The problem is, Triberr doesn’t seem to be doing too great a job at educating on disclosure, as per the FTC, ASA and similar governing bodies in Canada, Australia and elsewhere. In fact, disclosure seems to be a bit of a grey area.

When the Blogger Doesn’t Know About Disclosure

I recently read a blog post by a blogger I’ve been reading for a while, about a brand offering a pretty cool publishing service for new media. As I read the post, it became pretty clear (to me) that it was sponsored content.

Things like contextual keyword linking (where a certain phrase is used as a hyperlink versus the brand name itself), the way the post flowed compared to this blogger’s other posts, and the fact it simply read like a non-connected promotion. To confirm my guess, I checked the link for the contextual keyword (mobile ready) and, sure enough, the URL was clearly a campaign link.

Triberr campaign link

This would have been fine – had there been any disclosure to alert readers this wasn’t a normal post, but a sponsored one where a brand had paid the blogger to promote them. Unfortunately, there was zero disclosure anywhere.

I noticed that the blogger had more than one post about this brand, so I checked that one too. The same: contextual keyword with a Triberr campaign link, and no disclosure.

I decided to first hop on over to Triberr and see what they say about disclosure, but it’s pretty difficult to find anything if you’re not logged into their system.

I did find a blog post by Triberr co-founder Dino Dogan, that shares this advice about disclosure:

Disclosure is a hugely important part of brand ambassadorship.?They don?t have to be generic and boring. You don?t have to be ashamed of being affiliated with a company. In fact, if you are ashamed, you have a choice. You can go and represent a different company.

While Dino mentions the importance of disclosure, there aren?t any guidelines in the post on how disclosure should be approached. Indeed, when referring to a sponsored post Dino uses as a great example of a campaign post, he states:

Somewhere in the middle of the article I disclose how the post came about.

This is a red flag. As per the FTC mandate, disclosures should be highly visible:

  • Prominence: Disclosures must be prominent, viewable on any device, and not buried within a web page (in the March 2013 update, the FTC stated disclosure must be at the start and end of each post). Fine print may not cut it, and prominence is even required on a mobile web page. (Source: Social Media Explorer)

The key phrases that stand out here are “disclosures must be prominent” and “not buried within a web page”. The post Dino referenced had the disclosure “somewhere in the middle of the article”.

That raises the question, if the vendor isn’t “doing it right”, how are the bloggers being educated on the role of disclosure for a Triberr campaign? Judging by their latest campaign fine print, they’re not.

Triberr campaign blogger

As highlighted by the red box at the bottom of the campaign, it shares milestones and content expectations – but nothing about disclosure. I reached out to Triberr on Twitter a couple of days ago to ask about their disclosure policy:

How is @Triberr ensuring all sponsored posts disclosed? Just saw two campaign links, not disclosed, on PR blogger's posts.

— Danny Brown (@DannyBrown) December 10, 2013

With no response, I then contacted a blogger I knew to be working with Triberr to ask about their understanding of disclosure from Triberr, and this was the response:

Should bloggers know to do this? For sure! However, there’s an intense likelihood a writer has never been hired. Ignorance is naivet? in this regard. Companies using Triberr to reach influencers need to assume bloggers are unfamiliar with legal rulings. ?Triberr needs to write influencer guidelines for sponsored campaigns (their current “rules” are sketchy). Companies need to add their influencer guidelines to the mix. Bloggers need to both read and adhere to a disclaimer with approved language and positioning in each published piece.?No one wants to grapple with the law or be fined due to a simple inclusion of a disclaimer. Each of us needs to do a better job of protecting the other — bloggers, influencer networks (like Triberr) and those hiring and executing campaigns.

So, bloggers seem to be in the dark around what should and shouldn’t be posted. Perhaps this isn’t surprising – there really is no easily found disclosure area for bloggers to reference. The closest I found was from this FAQ sub-post (click to expand):

Triberr declaration post

While it mentions a Declaration Post sets off a relationship with transparency, any visitors to the blog that are only reading the sponsored post and are unaware of the Declaration Post will still be unaware of the content being sponsored, thus leaving the FTC guidelines unaddressed.

But bloggers aren’t the target (at least not for the FTC – the ASA would beg to differ). Instead, the FTC is more concerned about brands – so how does Triberr educate its brand partners?

The Non-Existent (Public) Disclosure Education for Brands

To find out, I created a dummy campaign on Triberr using the self-serve campaign creator. I simply entered some “Test” copy for each of the campaign areas, and clicked through each next step until I got to the point where I could review my campaign before setting it live.

At no point did I receive any advice about making sure I was aware of disclosure rules and guidelines. Nor was there any copy provided by Triberr that I could use for my Fine Print area (where Disclosure would be a prime candidate for inclusion).

Instead, I simply had the opportunity to insert my own fine print, and then set the campaign live.

Triberr for brands

Because this is a self-serving campaign, the brand (me) would be putting themselves in jeopardy by not stating upfront that partner bloggers need to disclose in any content they share (and not just blog posts – social updates, too, if they link directly to the brand).

With fines of up to six figures, this is an expensive oversight on the part of Triberr. There needs to be clear and upfront education, advice, copy, etc., that pinpoints the requirement of disclosure and how to make sure your blog partners are aware of their responsibilities in this area. If that is currently there, it’s very difficult to find (I couldn’t, after an hour of going through various links).

ftc disclosure   Search Results   Triberr Knowledge Base   Help Center

Without this, Triberr’s bloggers are short-changing their readers through no fault of their own. Worse, the clients using Triberr’s influence marketing service are essentially breaking the law, and if a fine isn’t bad enough, the hit to their reputation could be.

I’ve reached out to Dino Dogan for the Triberr take on disclosure and how they’re educating and enforcing (if at all). I’ll update the post accordingly if I hear back.

Does Influence Marketing Have a Future?

Robots replacing humans

Earlier this year, Forbes published an article entitled Who Are the Top 50 Social Media Power Influencers, 2013? by Haydn Shaughnessy. It followed similar posts by Shaughnessy on The Top 20 Women Social Media Influencers, also on Forbes, and a similar Top 50 list 12 months earlier.

The article soon came under fire from certain areas of the web, including Mark Schaefer’s Grow blog and Jure Klepic of the Huffington Post. Additionally, there were numerous conversations across the web on the Forbes article, with the majority of people discounting its validation.

So why did a publication like Forbes receive such criticism, and what does the discounting of influencer results like the one on Forbes mean for influence marketing in general?

Popularity is Not Influence

This is beginning to sound like a broken record, but popularity does not equal influence. While having 100,000 followers on Twitter might be a nice statement of your social proof (hint: it’s not really), does that make you influential (another hint: no)?

This is where the majority of the criticism of the Forbes article comes into play.

In his preamble to the list, Shaughnessy shares the “algorithm” behind identifying the influencers, and that he uses Twitter measurement platform Peek Analytics. That should raise the first red flag – Shaughnessy is only defining influence from a single platform.

However, it’s Peek Analytics’ own description that devalues Shaughnessy’s article even more. From the Peek Analytics website:

Social Pull is not a measure of a single individual?s ?influence;? rather, it is an audience-based metric that is a direct reflection of the quality and size of the Twitter audience that has been ?pulled? into following an account or mentioning a keyword @name, hashtag, or URL on Twitter.

So, Peek Analytics doesn’t measure influence; they measure data based on interactions. So why does Shaughnessy use a tracking platform that doesn’t measure influence to create an influencer list?

It’s this flawed approach that the majority of the criticism around the web has picked up on.

…this is a suspicious methodology to define social media influence, and that is about as charitable as I can be. – Mark Schaefer

With their tired standard of measuring Twitter followers, PeekAnalytics adds nothing to the conversation of influence measurement. Similar to every other list that has been made based solely on Twitter followers, there is no attention paid to the metrics of comments on their blogs, content quality and other social networks.?- Jure Klepic

…the thing that bothered me about the Forbes list is they clearly did it based on Twitter followers alone. There are two people on there I know, for a fact, they paid for their followers and don’t interact, engage, or build community. – Gini Dietrich

These criticisms, and others like them, clearly show that the social web has moved way beyond just numbers and a platform where spam bots are plentiful when it comes to defining influence in the truest sense.

Influence is Multi-Layered

The other core issue with the Forbes article is the very fact Shaughnessy limits measurement to a single platform. This is lazy analytics at best, allowing for flawed metrics to be used as a source of influence identification.

It’s also one of the reasons that an?influence marketing survey?from earlier this year of over 1,300 professionals highlighted the need for more accurate and informed data analysis, versus the approach currently taken by social scoring platforms.

Influence marketing survey key insights

For example, Klout’s algorithm only measures your public Twitter data – they need you to connect your other social accounts to offer any true accuracy. From a recent TechCrunch article:

Before we are able to incorporate any data into a person?s score, we need users to connect the network to Klout so we can begin to process the influence data.

So, much like Peek Analytics, they’re using a single platform to measure influence, as opposed to all the other social footprints you may have elsewhere. Klout competitor Kred is in the same boat:

To calculate your Kred, we analyze?billions of tweets?from the last 1,000 days.?We add your Facebook actions when you connect your account.

While there’s no doubt Twitter is an important part of the social media ecosystem, it’s just one piece in a very large puzzle. And it’s this reliance on Twitter data only that dilutes the effectiveness of social scoring when it comes to identifying true influence based on behavioural change, as opposed to reactions to a tweet.

Influence is much more than the sum of Twitter’s parts. If we, as marketers and brands, are looking to truly understand what drives actions in people – the definition of influencing someone – then we need to understand much more than a tweet or social network update.

  • Situational factors – what’s affecting someone’s decision-making at any given time?
  • Peer factors – who offers the most influence based on where you are in that decision-making process?
  • Financial – can you afford to buy, or are you more logical and prudent with your money?
  • Emotional – tied into the financial factor, does emotion for a product override common sense, logic and lack of funds?
  • Familial factors – who’s the decision-maker in the family and how does this impact a brand message being accepted?

These are just a few of the factors involved into identifying where influence may play a part, and who the influencer would be to instill the next part of the equation and, by association, action.

Is Influence Marketing Losing Its Clout?

So what does this mean for influence and influence marketing moving forward? Has the potential of influence already been nixed before it’s even had a chance to reach maturity?

After all, the criticism of a respected media publication like Forbes, as well as questions being raised on current social influence outreach and its effectiveness at ROI, would suggest influence is becoming a tainted topic.

And, to a degree, it is. Lack of results (shared or perceived) harm the medium, as brands (rightly so) look for return on their investments, beyond simple retweets and blog posts that add nothing to the bottom line.

However, as the results of the?influence marketing survey?I shared here show, it’s not influence itself that’s broken, but the definition of how we identify who influencers are today, and what they mean for a brand. Brands are still looking to use influence marketing as a key part of their tactics; but they do expect more.

The problem is we’re still placing “influencers” – whoever they may be – at the heart of the marketing circle, and not always defining what the context is when it comes to filtering them for a brand.

Disruptive influence

A simple example – Lifestyle Blogger A has a well-read blog, and primarily attracts an audience of women between the age of 25-44. So it makes sense that a brand whose demographics are made up of this audience should work with that blogger.

But the audience has a very different make-up. Blog Reader A is a single mom with two young kids under three; Blog Reader B is a married mom with one kid aged ten and one teenager; and Blog Reader C is a mom who has a child of college age, who’s no longer living at home.

All three of these reader segments fall within the broad category of “women between the age of 25-44” – but that’s where the similarities end.

Let’s say the brand sells toddler toys. Using a generic influence outreach campaign, the blogger might be successful at putting the brand in front of the Blog Reader A segment, but the message will be completely off-point for the other two, just-as-important segments.

This is the where the flaws of putting today’s definition of an influencer at the heart of the marketing circle appear, and why we need to move beyond this, and start putting the actual customer at the heart of the circle, and work back from there.

By taking this approach, we understand who the true influencers are – customers – and what they’re looking for, as well as who’s influencing their decisions at a specific point in time.

And if we can redefine influence to the people brands should really be taking notice of, and how to meet their needs and help with their decisions, we can reposition influence back to its true meaning and dispel its lack of effectiveness (perceived or real) currently “enjoyed” today.

A version of this post originally appeared on the official blog for the Influence Marketing book.

Influence Marketing vs Social Scoring and Mapping It All to Business Results

Influence Marketing bookSince before we had even published the Influence Marketing book, my co-author Sam Fiorella and I were frequently asked the difference between “influence marketing” (our definition) and “social influence” (today’s definition).

With the book, we delve deeper into the difference (influence marketing driving business ROI versus social influence driving social signals and amplification).

This week, I was fortunate enough to be asked onto Max Minzer’s #MaxImpact show on Google+, to discuss this topic, how to identify the decision-making process of your target customer and their immediate circle of micro-influencers, and much more.

It was a great discussion, with some great questions all round. Enjoy. (And if do you enjoy this conversation, continue it by buying the book today – just click on the book box below this post!)

[youtube]http://www.youtube.com/watch?v=zEDZZI6bOjs&feature=share[/youtube]

Why Influencers Deserve To – And Should – Be Paid by Brands

Original

Ever since sponsored posts were made popular by the likes of Izea, the question has remained: should influencers be paid for their promotion of your brand?s message, product or service?

On the one hand, you have those that say paying an influencer removes the validity of the review of promotion, since you can?t possibly remain non-biased when there?s been an exchange of money.

On the other hand, you have those that say it?s no different from any other marketing channel, and you pay for that, so why should influencers be any different?

As someone who?s on both sides of the coin ? I?m a marketer who uses influencers for client campaigns, and I?m fortunate enough to work with brands as an influencer for their campaigns ? here?s my take on the topic.

Time is Money

How long do you think the average blog post takes to create? If you, the marketer, don?t blog yourself, how long do you think it takes to put together what you?re reading now?

10 minutes? 30 minutes? An hour? More, less?

The truth is, blog posts take as long as they need to be ready. This might sound clich?d, but it?s true. There?s much more to a blog post than just stringing some words together (or images and sounds, if you?re a video blogger or podcaster).

  • Ideas and research;
  • Content;
  • Format;
  • Links and attribution to relevant topics;
  • Images and media;
  • Proofreading.

That?s just the creation part. Then you have the marketing of a post, along with replying to comments and encouraging further discussion. All told, a blog post can easily take up a few days of your time, if you were to add up all the components.

And that?s just one post, where the blogger knows the topic inside out and can create content on the fly. If there?s a brand message involved, there needs to be further research into the product, testing any giveaways, liaising with the brand, etc.

So that single post has now turned into a mini-campaign. And you want that for free? Um??NO.

Trust Can?t be Bought ? But It Deserves to be Rewarded

When I started this blog, the one core tenet I made it my mission to adhere to was to never break the trust of whatever community managed to grow around the blog.

That meant all opinions would be treated equally, as long as they were respectful and on topic, and I would never promote or recommend something I hadn?t used myself, or didn?t 100% believe in.

It?s a big reason there have been very few ads on my blog, with the exception of the WordPress theme I use. It?s also why there has been very few sponsored posts on my blog ? perhaps two in five years plus of blogging here.

Simply put, if I?m going to recommend something to my community ? whether as a non-paid fan or a sponsored ?influencer? ? it needs to be right for my audience. There?s no amount of dollar value you can pay to erode the trust that?s built between a blogger and his or her community.

Money comes and goes; trust and a legacy doesn?t.?That can never be bought back.

If you, as a brand manager or agency, want to connect an influencer?s hard-earned community trust to your client, you need to understand what it?s taken to build that trust. It?s the ultimate endorsement, for that influencer to introduce your brand to the community, and not only introduce, but honestly recommend.

You can?t buy that kind of advertising ? but you can reward it.

Relevance Equals More Effective Outreach and ROI

There?s a reason today?s definition of influence ? social scoring platforms like Klout, etc. ? have been very slow at sharing public success stories when it comes to their influencer outreach campaigns.

While generic influence as offered by these platforms can help brands gain share of voice and brand amplification, the fact is the identification process of influencers to use lacks true context and relevance to an audience.

Customer influence and advocacy

 

While a lifestyle blogger with 10,000 subscribers and demographics of 25-44 year old women might be attractive to a brand looking to promote their latest healthcare product, how many of that 10,000 is right for the brand?

Let?s say the product is for women with sensitive skin; that might be one-third of the audience. So what about the other two-thirds? A generic target by score ???this blogger has a score of 72 in women?s products, they?re perfect!??? will immediately reduce your brand?s success rate.

However, get in touch with the blogger that?s 100% right for your brand, and who has a higher engaged audience around that topic, and you?ll immediately see both financial benefits and more positive sentiment around your outreach campaign.

It?s why?InNetwork’s solution of filtering out the true audience size is a welcome addition to the influence software marketplace.

Instead of wasting time and resources on partnering with bloggers with 10,000 subscribers but only 900 actual interested readers,?you can connect with a blogger with 1,000 subscribers and 900 interested readers.

Considering you’ll rarely – if ever – have a blog that has 100% of its readers engaged, the 90% engagement of the latter example compared to the under 10% of the initial example is much more rewarding, especially given the probable cost to work with the former over the latter due to “audience” size.

That?s a big difference in relevance and the ratio for success is much bigger. It?s the smarter way to market, and paying the influencer for connecting you to that more engaged audience means?less risk, more return, and better campaigns.

Influence Marketing is a Key Business Strategy ? Don?t Treat It Like a Cheap Date

At the end of the day, the old adage??you get what you pay for??has never been more true when it comes to influencers and how they can really help turn a promotional campaign into a loyalty-driven customer base.

There?s a reason people are ?influential? in their community: expertise, respect, trust and the ability to make things happen.

You have the choice to pay or not to pay what they?re worth ? in reality, though,?if you?re serious about your campaigns, there?s only one choice to make:?how much is true influence and what it can offer your brand worth to you?

Don?t be cheap with your answer.

A version of this post originally appeared on the InNetwork blog.

image: H.Michael Karshis

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