For the last probably year or year and a half, the conversation about the value of influencers has reverberated with the opinion that micro- and nano-influencers are more effective than the big stars with millions of followers. Logically, that makes sense. You have to spend a lot of money for one post with a big celebrity. You can get multiple posts from multiple micro-influencers that, over time, can add up to as much reach and far more frequency.
But now there’s actual evidence to prove that theory. In fact, a new report out from TrendHERO, an influencer marketing software company specific to Instagram and one of the recent sponsors of this podcasts, actually helped me connect some dots to calculate the average cost-per-thousand, or CPM rate, of celebrity influencers versus micro-influencers.
And the difference may startle you.
I’ll tell you all about it, in today’s commentary, and I have a little book news update for you at the tail end of today’s show, so make sure to listen through to the end.
This episode is sponsored by Tagger. It is a complete influencer marketing solution. You can find out more for yourself at jasonfalls.co/tagger.
In this episode, we visit with T.J. Ferrara from Bubs Naturals, a health supplement company, about how they use Tagger.
To start building your own experiences with my influencer marketing software of choice, go to jasonfalls.co/tagger today.
The Winfluence theme music is “One More Look” featuring Jacquire King and Stephan Sharp by The K Club found on Facebook Sound Collection.
Other Influencer Marketing Podcasts of note …
Order Winfluence now!
Winfluence – Reframing Influencer Marketing to Ignite Your Brand is available now in paperback, Kindle/eBook and audio book formats. Get it in the medium of your choice on Amazon or get a special discount on the paperback version of the book by clicking the button below, buying on the Entrepreneur Press bookstore and using the discount code FALLS20. That earns you 20% off the retail price. Read and learn why we’ve been backed into a corner to think influencer marketing means Instagram and YouTube and how reframing it to be “influence” marketing makes us smarter marketers.