A follower recently asked:
You’ve mentioned before one of the best ways to grow your firm is to collaborate with other influencers. I’m not sure how to go about finding them. Can you help?
Yes! Influencer marketing (collaborating with influencers) is such an effective way to grow your firm. In fact, we helped add $70k in monthly recurring revenue in just a few months using this strategy.
We all know that building an audience from scratch takes time – a lot of it. Collaborating with influencers is a way to jump way ahead. They’ve already built their audience. If that audience is similar to yours, a collaboration will greatly expand your reach.
But here’s the problem – this strategy doesn’t work for a lot of firms. Why? Because they failed to implement a few key pieces. Before I share our 6-step strategy for finding influencers, I highly recommend reading this blog post first to better understand how this all works.
Now, assuming that you’ve defined your niche (a critical step) and followed the guide above, let’s talk about our strategy for finding and reaching out to influencers.
Before you can start searching for influencers, you need to define your goals. What do you want to achieve? Having an objective will help you find influencers who align with your target market.
For example, I’ve collaborated with FloQast for a few years now. Their objective is to put out educational thought leadership content that’s valuable to accountants. Together, we work to achieve this goal.
If FloQast’s only goal was to push their product, then I wouldn’t be a good fit for a collaboration.
The last thing you want is for a collaboration to seem inauthentic because it won’t have the desired effect. Defining your goals will help you find the right influencer.
You’ve defined your goals – great work! Now, let’s start looking for influencers. There are many ways to find the right person for collaboration.
Here are a few of my favorite methods:
If you’re struggling to find influencers in these places, don’t be afraid to ask. Post on social media asking for recommendations on leading voices in your space. Chances are, you’ll get some great feedback.
You now have a list of potential influencers to work with, but should you reach out to all of them? Not necessarily.
You don’t want to collaborate with just any influencer. Remember, we want to find the right influencers – people who will align with our goals.
To make sure you’re connecting with the right people, it’s important to evaluate each potential influencer.
Here are a few things to consider:
You should have narrowed down your list of influencers, and now, it’s time to reach out to them via:
Influencers receive a lot of messages, so they will only notice your message if you personalize it. You want to do a few things:
Let’s assume that your main business focuses on the construction industry. You find a business coach who will be a good fit because they help construction firms grow. Perhaps you propose to:
It’s a win-win proposal because:
In the worst case, you don’t get leads but can hone your communication skills. However, you’ll likely get at least a few very promising leads for your firm.
This strategy can be used for meetups, social media collaborations, and guest posting on podcasts. I’ve shared the script that I use to land great podcasting opportunities (check it out here).
Note: If your reach is much smaller than the influencer’s reach, offer to compensate them in some way. Larger influencers often ask for some sort of payment. It’s worth the expense and normal in the industry. The influencer has put in a lot of work to build their audience, so they’ll want to be paid for it. Considering the fact that businesses make $5.78 for every dollar spent on influencer marketing, it’s worth the return on investment.
Getting a “yes” from an influencer is a good feeling. Often, people don’t realize how much time and work it takes to get to this point. You’re up against a lot of competition.
You can be sure that others are also reaching out to the same influencer, making the market fierce.
But now that you have the person’s “ear,” you must:
For example, if you decide to hold a webinar together, track things like:
You want to deliver value by showing the influencer how your relationship benefitted you and them.
Be realistic though in how you measure your returns. Most people have to “see you” multiple times before they reach out to you to become a client. So just because they didn’t reach out to you right away doesn’t mean they won’t.
Did the collaboration go well? If so, you want to keep in touch with the influencer.
Why?
You may want to consider future collaborations with the individual. Social media marketing offers so many opportunities to promote new:
One-and-done relationships are not what you should seek with influencers who hit the mark with your audience. Influencer marketing can drive very high-value traffic to your firm, but you need to be strategic with the relationships that you create. You can build strong relationships with the influencers you work with, creating profitable opportunities for both of you.
And hey, depending on your audience, there may be an opportunity in the future to return the favor and give the influencer access to your audience.
And, that’s a wrap on this Dear Katie question.
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Now I want to hear from you. Do you have a question?
Until next time, cheers to your success!
Katie
Start by identifying what you want to achieve, such as increasing brand awareness or generating leads. Clear objectives will help you find influencers who align with your target market.
You can find influencers by checking the ones you already follow, exploring relevant podcasts, searching social media platforms, using influencer marketing platforms, and looking for bloggers in your niche.
Assess their relevance to your brand, check their audience size and engagement rates, and consider if you can provide value to their audience to ensure a mutually beneficial collaboration.
Personalize your message to grab their attention, clearly state your proposal, and explain how the collaboration will benefit both their audience and your firm.
Follow through on your commitments, track performance metrics like engagement and sales, and communicate the results to the influencer to show the benefits of the partnership.
Maintaining relationships can lead to future collaborations, allowing you to leverage their audience again and create ongoing opportunities for mutual growth.