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INFLUENCER

MARKETING
FOR ECOMMERCE
BEGINNERS

THE
WHYS,
HOWS &
TO-DOS AVEricks
INFLUENCER MARKETING FOR ECOMMERCE BEGINNERS

TABLE OF CONTENTS
01 Basics of influencer marketing 1

02 Influencer marketing trends for D2C brands 3

03 Choosing the perfect influencer 6

04 Connecting to influencers 12

05 Budgeting guide for influencer marketing 16

06 Measuring influencer marketing success 20

07 Influencer marketing for your 23


Online Store
CHAPTER 1

BASICS OF
INFLUENCER
MARKETING
www.instamojo.com
INFLUENCER MARKETING FOR ECOMMERCE BEGINNERS

Basics of influencer
marketing
When you scroll on social media (as we Who is an influencer?
all do) you must have come across
atleast 5 influencers in one sitting. Why? Influencers are the people on the
Because in today’s digital world, social internet with larger than normal
influencers are powerful movers of the following. They have a community that is
economy. extremely invested in their lives and the
“influence” they have. They can be your
Consumers follow influencers to stay up favourite lifestyle bloggers (Kritika
to date on trends. And as a business Khurrana), beauty experts (Mrunal
owner, leveraging these social Panchal), tech geeks (Tech Burner), or
influencers may be your best bet at fitness enthusiasts (Bani J).
going viral!
In India, these influencers are the people
Think of new age D2C brands like you see on Instagram, YouTube, Twitter,
Licious, Souled Store, Quirksmith, and and other platforms. They're the ones
hundreds more have found fame online who get you – they're relatable, and they
because social influencers openly understand what's hot and happening in
promote their products. our culture.

So how can your brand find similar These influencers have a special power:
fame? Start on your eCommerce they can influence what you think, how
adventure with 'Influencer Marketing you act, and even what you buy.
for eCommerce Beginners,' our guide
to the why's, how's, and must-do's of
influencer marketing. How are they related to marketing?

From understanding the basics to Now, here's where the magic


navigating trends, finding the right happens – influencer marketing. It's like
influencers, budgeting hacks, and when your favourite influencer from
measuring success – we've got your YouTube or Instagram teams up with a
back on every step of the journey to brand. Ever seen them talking about a
boost your online brand. product, sharing how awesome it is, or
giving you the inside scoop? That's
influencer marketing in action.

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INFLUENCER MARKETING FOR ECOMMERCE BEGINNERS

Think about it this way: Have a look at how she’s explaining


every single detail and benefit of Plum
Your go-to fashion or beauty and Goodness.
grooming brand could partner up with a
lifestyle influencer like Aashna Shroff.
She showcases the brand's latest
collection in a way that feels like a friend
telling you about a fantastic find. It's not
a sales pitch; it's more like a friend
saying, "Hey, check this out – it's pretty
cool!"

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CHAPTER 2

INFLUENCER
MARKETING
TRENDS FOR
D2C BRANDS www.instamojo.com
INFLUENCER MARKETING FOR ECOMMERCE BEGINNERS

Influencer marketing
trends for D2C
brands
How popular is influencer marketing?
A whopping 71% of consumers are
Here are some stats that will show you swayed by social media
just how powerful influencers have recommendations.
become in todays world:
When it comes to beauty on
YouTube, influencers steal the spotlight
with 86% of the top-viewed videos.
Hootsuite's got some interesting
stats for you - turns out, Indians are And get this - businesses are making
spending around 145 minutes every $6.50 for every $1 they put into
day on social media. influencer marketing on average.

And get this, more than 500 million


internet users in India are part of the
social media scene, making up 41% of Usage
the population!
Influencer marketing has not just gained
Here's the scoop from Influencer.co - momentum; it has become a need for
when it comes to influencer brands aiming to break through the
marketing campaigns in India, the noise.
average engagement rate is a solid
5.2%. Compare that to traditional The unconventional approach of
marketing campaigns, which usually collaborating with individuals who
lag behind at only 1-2%. resonate with specific audiences has
disrupted traditional advertising
70% of teens on YouTube trust channels.
influencers more than traditional
celebs. People now trust Influencer more than
advertisements on television that have
86% of women scroll through social large production value.
networks before hitting 'buy.'

Facebook wins for 32% of influencers


partnering with brands, while
Instagram follows at 24%.

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INFLUENCER MARKETING FOR ECOMMERCE BEGINNERS

Effectiveness Authenticity, relatability, and the


influencer's ability to seamlessly
The effectiveness of influencer integrate a product into their content
marketing exceeds bare metrics. It's a contribute to the campaign's success.
delicate combination between
storytelling and data analytics. The magic happens when an influencer
becomes a genuine advocate, not just a
Brands are finding that it's not just paid promoter.
about the numbers; the real magic
happens when they tell a story that You must have seen these differences
aligns seamlessly with their audience's when an influencer uses the
interests and values. #Sponsored or #NotAnAd to let us
know if they are being genuine or are
just being paid to say nice things.

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CHAPTER 3

CHOOSING
THE PERFECT
INFLUENCER
www.instamojo.com
Choosing the perfect
influencer
When you are on the hunt for an a. Target market
influencer partnership, you need to look
at certain factors that will let you know This is pretty obvious, but let us still
whether the influencer and their explain why. If your products are related
community is the right fit for your brand to pets, you cannot ask an influencer
values. whose niche is fitness.

Factors to consider: See how Puma has chosen Virat Kohli


to promote their brand because of his
Getting the right fit with an influencer is obvious connection to sports.
extremely important to set long-term
relationships. There are a lot of factors
to consider when choosing an influencer
since there is a lot of money and time
involved.
b. Target audience For example, this ad by Masoom
Minawala is for people who want lavish
Knowing the audience characteristics party dresses. She might not be the
and demographics of the influencer is right fit for your small handmade
also important. business.

Identify the target audience for your Knowing other factors about an
product and service. influencer’s community like their
Now, when you choose an influencer, estimated income level and geographical
check the demographics and personality location is also important for you.
traits of their audience to see if it's a
right fit.

If your products are related to


sustainability, they might not do well for
an influencer who is known to portray
their lavish lifestyle.
c. Community engagement See how active the comment section of
the Instagram page of Heads Up For
An influencer is not just someone who Tails is. Its not just pet owners but also
has a considerable following on social animal lovers!
media. They also need to be active in
their “influence”.

Check their comment sections to see


how frequently they engage with their
audience and connect to them
emotionally. This would tell you how
involved is this community.

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INFLUENCER MARKETING FOR ECOMMERCE BEGINNERS

What is the scale that is the right fit for you?


Here is a breakdown of the different scale of influencers and the pros
and cons of each!

Audience Reach: 1M +

Who are they: Celebrities,


Athletes, Actors, Social
Media Stars

Pros: They have a massive


audience making them
ideal for creating campaigns
with the goal of brand Audience Reach: 50K - 1M
awareness.
Who are they: Mini celebrities,
Cons: Very expensive to work recognized within a community.
with and though they have
an extensive reach, the Pros: They have mastered their
diversity can make it a brand and provide high quality
challenge to create campaigns content. They have an extensive
that target the ideal audience reach with a broad audience.
for a brand.
Cons: They typically less
Campaign Objective: connected with their followers
Brand awareness. and have lower engagement
rates. And can be expensive to
work with.

Campaign Objective:
Brand awareness. User Generated
Content.

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INFLUENCER MARKETING FOR ECOMMERCE BEGINNERS

Audience Reach: 10k-50k

Who are they: Experts in


their respective niche.

Pros: They have higher


engagement rates compared
to macro influencers. And are
open to receiving compensation
in product over monetization Audience Reach: Less than 10K
which is more cost effective.
Who are they: Brand advocates
Cons: There are a lot of who already engage with your
influencers that fall into this brand.
category, making harder to find
the right influencer to partner Pros: They have the highest
with. And more labor intensive engagement rates having a high
to manage. trust value amongst their followers.
They are the most cost effective
Campaign Objective: Brand and will take product over
Awareness. User Generated collecting a fee.
Content, Engagement.
Cons: They have a small reach,
requiring more of them for brand
awareness because they aren't
often approached to represent
a brand.

Campaign Objective: User


Generated content. Engagement.
Conversions

Pro tip:
• Look beyond the follower count and analyse the influencer's engagement
rates and audience demographics.

• Choose influencers whose values align with your brand or message.

• Prioritize long-term relationships over one-time transactions for more


authentic collaborations

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CHAPTER 4

CONNECTING
TO
INFLUENCERS
www.instamojo.com
INFLUENCER MARKETING FOR ECOMMERCE BEGINNERS

Connecting to
influencers
If you have chosen the perfect influencer Here is a great example of how people
for your brand, it is now time to build a connect and engage with each other,
relationship with them. you know? It’s Instagram!

b. Direct contact
a. Social engagement
Direct outreach is a straightforward but
Building relationships with influencers effective approach. Craft personalized
begins with genuine social engagement. messages that highlight why you
Actively follow and interact with appreciate their work and how
influencers on platforms like Instagram, collaboration could be mutually
Twitter, or Facebook. Engaging beneficial. Be clear about your intentions
authentically helps you establish a and the value you bring to the table.
connection before reaching out formally.
Here are some email templates for you
to try out!

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INFLUENCER MARKETING FOR ECOMMERCE BEGINNERS

This is a real-life example of an email that was sent to an influencer asking


for a collaboration.

Curious to see how a real-life outreach situation with influencers can drive results?
Discover how The Mavericks, a leading Reputation Management Advisory,
leveraged the power of influencer marketing to amplify their integrated
marketing communications. Learn more about them here.

AVEricks

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INFLUENCER MARKETING FOR ECOMMERCE BEGINNERS

c. Influencer hubs d. Platforms

Utilise influencer hubs or networks that Leverage popular social media platforms
connect brands with influencers. These to discover influencers relevant to your
platforms provide a centralized space niche. Many platforms offer features like
for collaboration opportunities, making it advanced search filters, making it easier
easier for both parties to discover to find influencers based on criteria such
potential partnerships. as location, interests, or audience size.

Check out Confluencr—it's like the go-to


hub for influencer marketing, trusted by
many top-notch brands in India.

d. Agencies influencers based on your goals and


target audience.
Collaborating with influencer marketing
agencies can be a strategic move,
especially for large-scale campaigns. Thinking about what influencer
These agencies have established marketing agencies are like? Grynow is
relationships with a variety of influencers the perfect agency to check out and
and can assist in selecting the right get a feel for how they work.

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CHAPTER 5

BUDGETING
GUIDE FOR
INFLUENCER
MARKETING www.instamojo.com
INFLUENCER MARKETING FOR ECOMMERCE BEGINNERS

Budgeting guide for


influencer marketing
Now what kind of money you set aside This way, the influencer can casually
for your influencer partnerships mention your product or service when
depends on what kind of content communicating with their audiences.
you choose. Here is a lowdown: These can be your friends too btw.

a. Organic collaborations See how Prakriti Singh in this view


Net cost: ZERO reviews her favourite concealers. And
she does this because she genuinely
When diving into Influencer Marketing in wants to connect to her audience.
the Indian D2C market, start by
leveraging organic collaborations. Build If the influencer likes your product, you
relationships with influencers who align wouldn’t always have to pay them to
with your brand, as their authentic promote it.
promotion can resonate with your
audience without breaking the bank.

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INFLUENCER MARKETING FOR ECOMMERCE BEGINNERS

b. Product reviews An Instamojo user Kriti Henna offers


Net cost: Cost of product being made discounts to her customers if they post a
genuine review on their social media.
Consider freebies as a budget-friendly And if this review is done by an
strategy. Offering your product as a gift influencer; even better!
not only motivates the influencers to
promote it but also helps you gauge
their genuine interest.

Once they receive the products, they


can then give their genuine reviews.
These can not only help you get more
buyers, but they can also give you true
feedback on which products work and
which don't.

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INFLUENCER MARKETING FOR ECOMMERCE BEGINNERS

c. Commission-based partnerships -
Net cost: A percentage of profits of e. Brand ambassadors
sales made Net cost: Above INR 3 Lakh rupees +
scale of profits
Opt for commission-based partnerships
to align incentives. This approach ties an This happens way down the line. But it's
influencer's earnings directly to the sales one of the strongest forms of influencer
they generate. It's a win-win—your marketing. Here, you have a lengthy
budget stays flexible, and influencers are budget allocated to a specific influencer
motivated to drive actual results. for years! This influencer becomes the
spokesperson for your brand. Think of
d. Flat fee structure Hardik Pandya or Sara Ali Khan for
Net cost: Varies according to Souled Store.
classification

For a straightforward approach, use a Here is a budget breakdown for different


flat fee structure. Set a predetermined types of influencers and how much they
amount for influencer collaborations, can cost.
simplifying budgeting and ensuring
transparency. This method provides
clarity for both parties involved, making
financial planning more efficient.

Micro
influencers
5,000 and 30,000
followers

INR 10,000-
50,000 Macro Mega
Mid-sized influencers influencers
influencers 200,000 and 500,00
more than 500,000 followers
30,000 and followers
200,000
Nano followers INR 100,000- INR 80,000-
influencers 5,00,000
1,000 and 5,000
followers

INR INR
1000-10,000 50,000-100,000

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CHAPTER 6

MEASURING
INFLUENCER
MARKETING
SUCCESS www.instamojo.com
INFLUENCER MARKETING FOR ECOMMERCE BEGINNERS

Measuring influencer
marketing success
You cannot blindly put money and then
forget your ongoing influencer Pro tip: Always set a timeline.
campaigns. Every single campaign Evaluate your results and then decide
should have: whether you want to continue with the
same influencer or change tactics.
• Measures goals
• Set deadlines
• Mutually agreed content formats
and concepts

Campaign success cheatsheet

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INFLUENCER MARKETING FOR ECOMMERCE BEGINNERS

Here’s a breakdown of some of these


important metrics and how to calculate
them:

Return on investment (ROI) Cost per Click (CPC)


Calculation: (Revenue Generated - Cam- Calculation: Total campaign cost divided
paign Cost) / Campaign Cost * 100. by total clicks on provided links.

Influence engagement rate (IER) Customer Acquisition Cost (CAC):


Engagement Rate = ((Likes + Comments Calculation: Total campaign cost divided
+ Shares) / Followers) * 100 by the number of new customers
acquired.
Revenue per Follower:
Calculation: Total revenue generated Brand awareness and sentiment
from the campaign divided by the influ- Calculations: A general assessment of
encer's follower count. NPS, reviews, share of voice and brand
mentions on social media

Example of a dashboard that is


showing the performance of an
influencer campaign

Image source: Kofluence


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CHAPTER 7

INFLUENCER
MARKETING
FOR YOUR
ONLINE STORE
www.instamojo.com
INFLUENCER MARKETING FOR ECOMMERCE BEGINNERS

Influencer Marketing
for your Online Store
a. Set up an online store Take advantage of Instamojo's seamless
payment integration. Enable various
Choose an eCommerce platform that payment options to cater to a wider
has all the features you need to power audience and simplify the checkout
your online business. process.

Begin by creating an account, choosing Once your store is completely ready, it is


a domain name, and customizing your time to connect it with your social
store. Ensure that your product listings media.
are detailed and visually appealing.

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INFLUENCER MARKETING FOR ECOMMERCE BEGINNERS

Integrate social media • Bio


• Captions
Use Instamojo features that let you • About sections
integrate your online store with your • Google My Business profile
social media platforms.
See how the Polka Dot Cakes Academy
Not only on the footer, but you can also has put her Instamojo hosted website
embed your YouTube channel or on her bio. It makes it easy for new
Instagram profile on your online store! customers to find her website and place
orders there!
Make sure your brand’s social media
platforms also lead back to your
website! Include your website link in
important positions like:

c. Promote This not only incentivizes purchases


but also helps measure the
1. Instamojo allows you to generate influencer's impact.
shareable links for your products.
Use these links to collaborate with 3. Use the Instamojo Analytics tool to
influencers, making it easier for them monitor the impact of influencer
to promote specific items. marketing on your store. Track
website visits, conversion rates, and
2. Instamojo allows you to track sales attributed to influencer
conversions by providing influencers collaborations.
with unique discount codes or links.

Sign up for free

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This ebook was brought to you by Instamojo

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