If you need maximum ROI from your influencer marketing campaigns then you only need to do this one thing: Build long-term partnerships with creators. It’s simple. Will you believe a creator who will promote L'Oréal for 6 months or a creator who will promote L'Oréal in January and Pantene in February? Ofcourse the former. And it's not just brands that are losing out with short term relations. The creators are feeling the heat too. For creators, their livelihood depends on securing partnerships with brands they can trust. Without the security of a long-term collaboration, they're left with no choice but to explore other opportunities, even if it means promoting competing brands. What can brands do in such a scenario? Brands can play the long game by committing to working with creators on a long-term basis, say allocating 40% of their campaigns. This will help them: - build stronger relationships with creators - maximize their ROI in the process. For instance, Look at brands like Myntra and Nykaa, who've embraced long-term partnerships with creators like Komal Pandey, Aashna Shroff, Malvika Sitlani, and Debasree Banerjee. These collaborations have not only driven sales but have also fostered authentic connections with their audience. So, It's time for brands to think long-term. By investing in genuine relationships with creators, you'll not only elevate your brand but also unlock the full potential of influencer marketing. Are you ready to take your influencer marketing strategy to the next level? Let's chat and explore how we at Letsinfluence.io | Influencer Marketing Agency help you create lasting partnerships that drive real results for your brand. #influencermarketing #clientrelation #marketing
Excellent point, Bhawna
Love to both of you
Seems like sound advice!
Co-Founder at QuickReel | Building in GenAI
7moI think this post is not only for brands but for creators too. You should focus on building relationships with brands if you want long-term success. And for that, you have to do just one small thing: rather than providing 1x, provide 1.5x. Trust me, the relationship that you'll be building with the brand will be unbreakable.