NAB
Marketers rank
generating engagement and reaching new audiences as their top two goals of
creator marketing — but they may have to hand some control over to creators to
realize the full benefits of these partnerships.
article here
According to Sprout
Social, “the opportunity to reach your audience in a way that feels more
organic can’t be overstated.”
In its fresh survey
of more than 500 marketers, “The Creator Economy: Making Dollars and Sense Out
of Social Partnerships,” the social media management platform finds that, by
leaning on creators, 52% of marketers hope to strengthen their social community
and 41% seek to promote their brand values.
“Creators can even
help you change your audience’s perception of your brand, with 16% of
respondents citing that as a goal for their creator strategy,” says Sprout.
But brands will
likely have to surrender some control over to creators in order to capture the
full benefits of these partnerships.
“While creator
content is paid media, it’s not necessarily owned by the brand.”
For maximum reach,
45% of brands have the creator post on their own account, compared with 27%
that only post on brand channels. Hosting content on the creator’s account can
give these campaigns “a more organic feel” with the added benefit of extending
your reach.
“With the right
research and sourcing, you can identify creators whose followers intersect with
your target audience, but may be less familiar with your brand. A little less
control over the content is well worth the benefits.”
When it comes to
types of content, brands have choices. Per the survey, educational content
takes the top spot for marketers. It should be no surprise that brands are
looking for creators to authentically show consumers how to use their product
or service.
“If potential
customers are coming in primed on how to use your product and the benefits of
doing so, they’re more likely to be satisfied. Plus, who can resist the fun of
learning something new?”
Unboxing and reveal
content are also popular at 42%. Nearly a third of marketers want to win over
audiences with behind-the-scenes content that demonstrates how real people use
their products in everyday life.
Facebook, Instagram
and TikTok are the top homes for creator partnerships, “but marketers shouldn’t
sleep on YouTube,” says Sprout. More than half of consumers plan on spending
serious time on the platform, but only 27% of marketers are putting money into
YouTube creator collaborations.
On Instagram and
Facebook, story posts reign supreme. For TikTok, links in the bios are
extremely popular since they drive conversion, making them a prime candidate
for affiliate marketing plays like #TikTokMadeMeBuyIt-styled content. Brand
shoutouts in YouTube videos are cost effective and work well since they’re
embedded into the content audiences are choosing to watch.
“To get the best
ROI from your creator partnerships, you need to think about your goals,” Spout
advises. Story posts are popular with marketers because of the cost, but the
fleeting nature of the style might not generate the most long-term bang for
your buck. If you’re looking to convert, links are your best friend — but they
may cost more. It’s important to weigh pricing against the content’s potential
longevity and goals of your campaign.
As expected, the
top challenge marketers face with creator marketing is budget. Most marketers
(74%) plan to spend at least a quarter of their social media budget on
partnering with a content creator over the next three to six months.
As social media
teams are stretched thinner, finding resources to vet and manage creator
relationships is easier said than done. Though, 25% of marketers believe
creator marketing can alleviate content creation pressure for their teams.
“Across businesses
of all sizes, the social media and communications teams are taking that on
internally,” the report comments. “But as companies grow, they’re more likely
to bring in others like legal and finance to help handle budgetary and
contractual considerations. When it comes to enterprise companies (5,000+ employees),
40% involve their legal team in the sourcing process from the beginning.”
Adding a few extra
weeks for creator sourcing “can have a serious impact on the effectiveness of
your overall campaign — and add an entire month to your project timeline.” This
is where tapping into platform-specific features like TikTok’s Creator
Marketplace, YouTube’s BrandConnect, or Instagram’s Creator Marketplace can
help marketers scale their creator efforts.
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