By now, I’m guessing you’ve read (or at least downloaded) our 2024 Influencer Marketing Trends Report, where we broke down the main influencer marketing activities that drive content creation.
In a webinar recently hosted by myself and CreatorIQ’s Sr. Director of Product Design, Kris Lipka, we connected the dots between the most impactful ways that organizations are using creator content to successfully drive ROI, and how to think of these activities when implementing and executing influencer strategies in the new year.
Here’s what we covered.
According to our 2024 Trends Report, UGC, or user-generated content, was the most frequently used influencer marketing activity among brands, the third-most effective activity, and respondents reported it’s on the rise in 2024.
For brands, leveraging creator content as UGC within owned media channels has proven to be a winning strategy. For brands that want to tap into a large library of high-quality, authentic content, the possibilities are endless. If you negotiate and obtain the proper usage rights, creator-produced content can be used for:
In fact, the prevalence of creators partnering with brands to produce UGC is a fast-growing activity in the creator economy. Brands need aesthetic, on-trend, authentic content that has lower time commitments, approval processes, and budgets than traditional creative, and creators are the perfect solution.
In another recent webinar hosted by CreatorIQ, a panel of industry leaders, including Riley Cronin, President & Co-Founder of ZeroTo1, highlighted affiliate marketing as an example of how to view creator content as more than a means to fulfill just one objective or use case.
The content produced by an affiliate creator community can be leveraged for far more than the initial intent to drive a commission sale. Cronin discussed how affiliate marketing can be used to not only drive direct sales, but also increase brand awareness, improve ad performance, and identify opportunities for content production.
Affiliate marketing strategies often employ micro-creators, who create as much branded content as they prefer in order to promote products and drive conversions. With thousands of posts promoting a brand, this productivity helps affiliate content serve as sponsored content at scale. What’s more, an affiliate community can build not just a pipeline of content, but serve as a roster of creators who truly understand your product and your brand. Since they’re paid on commission, they work hard to create content that converts. Why not use this content to drive paid ad performance and develop UGC?
We find this is a better way to take creative that’s performing well organically in terms of sales and traffic, then use that content and extend it onto your paid social strategy. We’ve seen that if a piece of content is performing well organically, there’s a high likelihood that it’s going to perform well on the paid side.
And with that roster of creators, what better way to partner with them to create content? Because they know your product, they love your product, and there’s less risk involved by partnering with a community that knows and loves your brand than going to someone cold.
Riley Cronin, President & Co-Founder, ZeroTo1
This idea doesn’t just apply to affiliate marketing content: it offers a compelling framework to think beyond the initial purpose or goal of creator content.
The traditional setup of end-to-end influencer marketing software starts with creator discovery, transitions to creator management, recruitment and running a campaign or activation, and ends with reporting on the results. Within this workflow, you’d have to go to individual campaigns to access your social content. Today, what’s needed is a single view of content from all your campaigns—a centralized hub for storing, managing, and viewing creator-generated content.
For example, in order to find content for paid social ads from your affiliate community, as Riley detailed above, you would start by filtering via an affiliate tag, which helps you know what content has been created by your affiliate community. From there, filtering by highest performing content and choosing Instagram—where you want to run an ad—surfaces the top content to consider. After you check for usage rights, you’ll have the content that's best to leverage for an ad.
What do you need in your influencer marketing software to carry out these tasks?
The future of managing content produced by your creator partners goes far beyond simple filtering and tagging management abilities. With the fast-emerging prominence and prevalence of AI technology, and industry-leading organizations pushing the envelope when it comes to using influencer marketing across their marketing channels, building solutions that make your content work smarter for you should be a top priority for every influencer marketing platform in 2024.
Prioritize a partner whose roadmap considers the following:
If you’re still with me after all that, I hope you take away just one thing: influencer marketing strategy no longer ends with the post—it starts with it. A few questions to consider as you embark on your 2024 influencer marketing strategy can be:
If you’d like to learn how CreatorIQ is preparing for the rise in creator content amplification in 2024, contact us! We’d love to tell you all about it.