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Guest post from PromolyInfluencer marketing gets a bad rap. While some people may think its benefits extend only to weight loss teas and whatever brand the Kardashian’s happen to be peddling, the truth is, influencer marketing has moved beyond fringe marketing fad and has infiltrated almost every industry. So prolific is modern-day influencer marketing, that your purchasing decisions are probably affected by it, even if you don’t realise. It’s called influence for a reason, after all.But what about the music industry?The music industry by its very nature is well-positioned to benefit from influencer marketing. The exciting nature of the industry and its event-based nature means there are already a large number of people generating a huge amount of content.Read on as we take a deep dive into the world of influencer marketing, explaining first what is actually is and how it can be harnessed to assist with music industry marketing campaigns. We’ll then examine the often tricky process of actually finding and contacting influencers, and dish out some tips on cost and distinguishing good influencers from the not so good.What is influencer marketing?In order to understand the beast that is influencer marketing, you first need to get your head around influencers themselves.So what is an influencer?Well, in a nutshell, anybody can be an influencer. From media personalities to sportspeople, models and musicians, an influencer is anyone who has a captive audience that listens and acts when they speak. The good news for brands and businesses is, when these influencers open their mouths and recommend a product, service or brand, their audiences tend to move with their feet (and their wallets) and make a purchase.Once businesses and influencers cottoned on to the potential of leveraging these engaged audiences to promote products, influencer marketing was born. What started as a niche practice that left many business owners and even marketers sceptical has grown into the cornerstone of many businesses’ marketing strategies.These days, influencer marketing is an umbrella term for a wide range of different marketing techniques that harness the power and influencer of an individual to help promote a product or brand.Let’s take a look at some of the most common types of influencer marketing.Types of Influencer Marketing1. CompetitionsCompetitions and giveaways are a popular tool to increase brand awareness and increase a businesses’ social following or email database. Typically, a business or brand would provide items or services to an influencer or a number of influencers to promote and give away on their social platforms.The key to making a competition campaign stand out is by getting creative with the entry requirements. Maybe all entrants need to engage with the original post by commenting and tagging friends or signing up to a brand’s mailing list on the website.Say you are a record label launching the new album for an artist. By drilling down into the target audience for that artist, you could engage a group of influencers with audiences that matched your own.Inject a bit of creativity into the competition by having each influencer reenact the album cover in line with their individual style, and ask their audiences to do the same and use a branded hashtag to enter the competition. Not only will you get the posts from your chosen influencers, but your competition will also result in a flood of user-generated content (UGC) that will drum up interest in the album and may even go viral!2. Discount CodesDiscount codes are one of the cornerstones of influencer marketing and are commonly used by themselves or in conjunction with other activities in a broader influencer marketing campaign. Discount codes are most effective in campaigns that are aimed at directly driving product sales and are a great way for businesses to keep track of their return on investment (ROI).In the music industry, one way of utilising discount codes could be by offering limited time pre-sale or first release tickets to an event when attendees use an influencers’ code. In order to get the most bang for your buck and really track the success of your campaign, generate unique discount codes for each influencer you are engaging to help you track what has worked and what hasn’t.3. Ambassador RolesAmbassador roles are typically a long-term arrangement and go beyond the one or two posts that have become typical of many influencer marketing campaigns. Depending on your campaign goals and the requirements of your business or brand, an ambassador could be a good option if you find an influencer who has proven to be a good fit with your target market.If an influencer has proven to deliver results for your business, be that awareness, sales or whatever the goal of your campaign is, an ambassador role is a great solution to leverage their reputation and following even more.This sort of arrangement is good for many reasons, not only the improved results that can come the more an influencer gets to know your brand. Think about it, while the first post promoting your business may well be good, the more your relationship with an influencer develops, the more they will get to know your products or brand and the better they will be able to promote it to their audience.A longterm relationship with an influencer or multiple influencers is also good news for your customers. While working with new spokespeople can help you tap into new markets, the stability that comes from working with an influencer on a long term basis means a lower churn rate in your marketing strategy. This will allow your ambassador’s audience to get to know your brand better while ensuring you remain top of mind.4. ReviewsWhen most people think of influencer reviews their mind may wander to unboxing videos and other similar content. While it’s true that reviews are commonly used for new product launches and certain areas in the service and experience industry, reviews can be a great resource for those in the music biz as well.Typically, an influencer-led review campaign would begin with a brand offering goods or services to an influencer in exchange for a review. The waters can become muddied when the brand gets specific with the content in the review or when a business instructs the influencer to only make positive comments.While these sorts of practices are never encouraged, there are a few things you can do as a brand to encourage positive feedback without going as far as asking for it.One of the best ways to facilitate a good review is by getting picky with your influencers. Say you are releasing a new album or promoting an upcoming tour. Rather than just looking for influencers with a similar following to your target market, actively search for people who have demonstrated an interest in the artist you are promoting.The thing with reviews is their popularity is a blessing as well as a curse. As more and more brands and influencers are jumping on the review format as an effective tool to promote products and services, audiences are waking up to the practice and getting better at spotting fakes.Engaging an influencer to give your brand a non-legitimate review is a big gamble and one that may blow up in your face. If you’re looking at going down this road, it pays to do your research and make sure you select influencers who are not only going to promote you to the right audience but really believe in and sell your brand.5. MentionsOne common mistake brands make when journeying into the world of influencer marketing is overcomplicating things. This doesn’t need to be tricky! A kick-ass influencer marketing campaign can be as simple as a well-selected influencer mentioning your venue on Instagram and thanking you for putting on a great show.Having said that, there are a few things you should keep in mind to ensure you are getting the most bang for your buck.How To Successfully Pull Off An Influencer Marketing Campaign In The Music Business
While many may think of influencer marketing as a fringe industry reserved for celebrity elites, it has in fact permeated into the mainstream including, perhaps not surprisingly, the music business.. Continue reading [https://www.hypebot.com/hypebot/2019/10/how-to-successfully-pull-off-an-influencer