You’ve likely heard the term “influencer” thrown around a lot the last few years. It generates mental images of YouTube stars promoting energy drinks and Instagram stars raving about weight loss supplements.
This is called influencer marketing, and it can be a very successful strategy if you execute your campaign correctly. Let’s find out if you should try this strategy yourself.
This doesn’t mean you need to be able to afford to pay Michael Jordan to promote your new athletic wear line.
In fact, many of the most successful influencer marketers are not extremely famous.
Take, for example, Murad and Nataly Osmann. There is a good chance you recognize the style of their photos:
One simple photograph of Nataly leading her boyfriend by the hand has morphed into a massive online following — and a branding empire.
According to Adweek, “They’re working with top marketers like Macy’s and Napa Valley Beringer Vineyards to create compelling ads, and they’re launching a platform to match brands with bloggers.”
The #Followmeto project has also morphed into TV and book deals. The couple hosts a 20-minute travel TV show on Channel One Russia that takes viewers behind the scenes of their online photos.”
Sometimes, the best influencers aren’t people at all. Toast, a well know dog, uses her Internet fame to promote a variety of brands, including coffee, bottled water, and even thigh chafing sticks.
Instagram isn’t the only place you can find influencers.
Lance Stewart, a well-known influencer, has more than 50 thousand followers on Facebook alone:
He is also active on Snapchat, Instagram, and Twitter.
Finding influencers isn’t necessarily about finding the most famous person.
Instead, it’s about finding a person your audience trusts and leveraging that influence to promote your brand.
Outline the Goals of Your Influencer Marketing Campaign
I’ve discovered that influencer marketing works well for brands that don’t have much of a following.
You’re leveraging someone else’s platform for your own gain.
However, before you create the content, before you find an influencer, and before you do anything else, you need to outline the goals of your influencer campaign.
Why?
It’s simple: Every decision you make is informed by your goal.
The platform you choose, the influencer you partner with, the type of content they create; all of these factors come into play.
Let’s work from an example to make this easier to illustrate.
Say you’re working with a client (let’s call them Client A) in the gaming industry — specifically in the smartphone app gaming industry.
Mobile gaming is a pretty competitive industry. iTunes offers 18 categories of games and hundreds of popular puzzle games.
Company A has been in business for five years and has a solid portfolio of games of medium success, including one highly popular game that was downloaded 25 million times.
They have a new puzzle game coming out, and they want to leverage influencer marketing to get tons of downloads and create buzz around the new launch. Ideally, this buzz would extend to their brand and give their entire game portfolio a good boost.
How can you help them get the most out of influencer marketing?
First, let’s outline the goal.
The goal should have three parts:
find out the influencer’s demographic data
determine what the influencer will help you do
plan how the influencer will help you do it
Example Goal for Company A’s Influencer Marketing Campaign:
There are a plethora of formats to outline your goals. In this example, Company A has written the goals of the campaign in paragraph form:
This campaign will partner with a young, highly connected influencer with access to the tech-savvy millennial group. Ideally, they will be into technology and use an iPhone because downloads from the Apple Store exceed those on Android.
Through this campaign, we will exceed the download numbers of our last game by 45% in the first 30 days.
The campaign will include at least 1 video of 30+ seconds to showcase how the game is played, and two or three other social posts on Instagram and Snapchat where our demographic is most active.
This goal is detailed. It includes specific numbers and platforms. There is a chance that some of these factors will shift.
For example, you might find out that YouTube is a more effective platform for your video game company to use for influencer marketing.
Changing the details of your goal is fine, but the outline should serve as a starting point for all the other decisions.
This template will help you outline your goal:
Influencer marketing campaign goal plan
Who is the influencer?
Name:
Age range:
Popular on what platforms?
Campaign end goal:
Number of posts:
Which platform:
Special considerations:
Now that you have your goal outlined, it’s time to move on to finding your influencer.
How to Find Effective Influencers for Your Brand
Choosing the right influencer is vital to the success of a killer influencer marketing campaign, but it is far from easy. Ryan Schneider, Chief Brand Manager at Insomniac Games, says this:
[A] lot of leg work goes into finding the right influencer…If I were a PR person, and I was trying to find the right reporter at The Wall Street Journal, I could do that … probably within one Google search or two mouse clicks. Targeting the right influencers can be a lot more complex.
According to Tap Influence, there are four main ways to find influencers: searching manually, using databases, tapping networks, or exploring marketplaces.
Manual Searching
This method requires conducting individual searches, scanning web pages for information, and then adding the information to a spreadsheet. It’s extremely time-consuming and not very effective.
Start by creating a spreadsheet in Google Docs or Excel, then create a column for each piece of information you want to pull about each individual influencer.
Column names will likely include:
Name
Industry of influence, including the specific niche (for example, if a gaming influencer’s audience is mostly female, or under the age of 16)
Total followers (combination of Facebook, Instagram, Twitter, and Snapchat, or the top platforms your audience uses)
Facebook link
Instagram link
Twitter link
Snapchat link
Pros
Cons
Email/contact info
Special notes: Do you already have a relationship with them, or do they regularly post about topics closely related to your brand? Add any other information you want to include here.
Next, search Google and relevant social platforms for keywords, mentions of your brand, and related hashtags.
In a highly competitive industry like mobile gaming, you should go after high-tier influencers so you’ll have the most reach. Compile a list of these people.
The next step is to search on the most popular platform for our target audience. In this case, I head to YouTube.
The most effective strategy is to look at videos with the highest engagement, either from my brand or my competitors’, and then look at who shared or engaged with those posts.
From there, I would be able to find the top influencers.
I am using a fictitious example, so I can’t search for our brand.
Since we are in mobile gaming, I am going to search for Two Dots, a popular puzzle game. Based on a quick search of the brand name, I see a possible influencer:
The top video is old and won’t be a good fit for our gaming site.
The second video is from the actual brand Dots. It’s also not a good fit.
The third, from ZoeTwoDots, might represent a good fit. Her videos showcase strategies for different games, her channel is active, and the channel has more than 200,000 followers. Looks promising!
I would add her to the spreadsheet and keep going.
Keep in mind, all this research garnered me just one possible influencer to target.
Manual research is extremely labor intensive. However, for smaller brands looking for very niche influencers, this is likely the best choice.
Databases
These are tools that will do the site-scraping for you by pulling publicly available data. These can be good places to start, but vetting each influencer can prove time-consuming.
Basically, instead of manually doing the searches, databases do the heavy lifting. They’re less time-intensive than manually searching and are cheaper than other options.
Inpowered has a list of clients it has worked with in the past, including case studies:
For our mobile gaming company, this doesn’t seem to be a good fit. A more traditional brand might find this database useful.
Lean on Your Networks
This method of connecting with influencers sits in between databases and marketplaces. A network has built relationships with influencers, but you have to go through their profiles to reach out.
Networks tend to focus on specific genres, such as Dad bloggers, lifestyle influencers, or food enthusiasts. Examples of popular influencer networks include Activate.
After a little research, I come across a good fit for our mobile gaming company: MatchMade.
They make it super simple to search for exactly the type of influencer I want, including allowing me to sort my options based on reach, location, subscribers, and engagement.
Another benefit of networks is that they often offer more tracking and analytics. Matchmade offers a full dashboard:
There are a lot of pros to choosing a network — you are able to select exactly the type of influencer you want based on many different factors. Tracking is included, making it easy to see if you are reaching your goals.
However, this also tends to be the most expensive option.
Marketplaces
A marketplace offers the best features of a database by pulling in real-time information, but it allows you to avoid middle men. Marketplaces tend to offer less tracking, but they are also more affordable.
Examples of market places include Tribe, HYPR, and Brand Snob. Much like dating sites, marketplaces allow you to look at hundreds of profiles of different influencers.
Here is an example of an influencer profile on Tribe:
I can easily see her reach and an example of her work. This is much easier than sorting through thousands of Google search results.
Choosing the best method for finding an influencer that fits your needs can be complicated. Ultimately, you are looking for a partner, and just like any partnership, you need to take your time and consider all the options.
The final decision is likely going to be based on what resource you want to spend — time or money.
Getting the Most Out of Your Influencer Marketing Campaign
You have outlined your goals, chosen an influencer, and started to build a relationship with them.
Now it is time to create your actual campaign. Here are tips for getting the most out of your killer influencer marketing campaign.
First, be authentic. The reason traditional ads aren’t as effective today is that people crave authentic connections.
Even though you are paying for the influencer to talk about your brand, you must keep authenticity in mind to be effective.
Shannon Fure of Convince and Convert says it best:
If an influencer doesn’t fit a brand’s ethos, the authenticity factor is going to plummet. Choosing the right influencer is the first step toward maintaining authenticity.
Second, choose the platform you use carefully.
Pay attention not only to where your audience is most active but also what type of content performs best on each platform.
Take, for example, this video created by Harry’s Razors:
On Facebook, the video got three thousand views.
On Instagram, Harry’s chose to post a screenshot of the same video:
Even though Instagram supports video, they tend to perform better on Facebook.
According to Murray Newlands, “different platforms are used to reach different audiences and demographics, and the same goes for what product or service you’re marketing: beautiful photos of your product belong on Instagram, while eye-catching videos will perform better on Facebook.”
Take the time to build a real relationshipwith the influencer. This gives you and the influencer a chance to see if you are a good fit and increases authenticity.
Start slowly by following them on social media, sharing their content, commenting on their blogs, and engaging them in relevant conversations whenever possible. Establishing a relationship of mutual trust is the key to successfully engaging your market’s thought leaders as brand advocates.
Empower your influencer through information and access to your brand, but don’t take creative control. Ideally, you’ve chosen an influencer who is already engaged with your brand.
If not, make sure they truly understand your brand’s voice and what you stand for.
Invite them to your offices, offer tickets to your events, and share interesting stories about your brand and the people you help.
But remember, they are popular with your target audience for a reason. To keep the interaction authentic, you need to relinquish creative control.
Influencer Marketing Conclusion
Influencer marketing might seem like just another buzzword born of a generation obsessed with smartphones. However, the practice is nothing new.
Put simply, people trust people more than they trust brands. Influencer marketing allows you to leverage that trust to create goodwill towards your brand.
The steps I outlined above will help you find the best influencer and get the most out of your partnership.
Have you implemented an influencer marketing campaign? What were your results?
Yes, There are Business Credit Cards for People with Poor Credit
We researched a lot of business credit cards for people with poor credit, for you. So, here are our choices.
Per the SBA, business credit card limits are a whopping 10 to 100 times that of personal credit cards!
This shows that you can get a lot more money with company credit cards.
And you are not going to need collateral, cash flow, or financials in order to get small business credit.
Business Credit Card Benefits
Benefits can vary. So, make sure to pick the benefit you would prefer from this selection of alternatives.
And always check rates on the appropriate website. a credit card issuer’s website is always going to have the most current, correct rates and terms.
Trustworthy Business Credit Cards for People with Poor Credit, Not Calling for a Personal Guarantee
Brex Card for Startups
Look into the Brex Card for Startups. It has no yearly fee.
You are not going to have to provide your Social Security number to apply. And you are not going to need to supply a personal guarantee. Rather, they are going to take your EIN.
Nevertheless, they do not accept every industry.
Likewise, there are some industries they are not going to work with, as well as others where they want more paperwork. For a list, go here: https://brex.com/legal/prohibited_activities/.
To determine creditworthiness, Brex will check a company’s cash balance, spending patterns, and investors.
You can get seven times the points on rideshare. Get four times the points on travel. Likewise, get triple points on restaurants. And get double points on recurring software payments. Get equivalent points on everything else.
You can have bad credit (even a 300 FICO) to qualify.
Secure Business Credit Cards for People with Poor Credit
Capital One® Spark® Classic for Business
Have a look at the Capital One® Spark® Classic for Business. It has no annual fee. There is no introductory APR offer. The regular APR is a variable 26.99%. You can earn unlimited 1% cash back on every purchase for your company, without any minimum to redeem.
While this card is within reach if you have average credit scores, beware of the annual percentage rate. However if you can pay on schedule, and in full, then it is a bargain.
Fleet Credit: We Have Excellent Gas Credit Cards for People with Poor Credit Via Our Business Credit Builder
Our Business Credit Builder is chock full of amazing business credit cards. And that includes gas credit cards for people with poor credit! These cards are for starter vendors. We know that they report to business credit reporting agencies. Whether you are new to business credit building, or have been at it for a while, it pays to get these cards.
Marathon
Marathon Petroleum Company provides transportation fuels, asphalt, and specialty products throughout the United States. Their comprehensive product line supports commercial, industrial, and retail operations. This card reports to Dun & Bradstreet, Experian, and Equifax.
But before applying for multiple accounts with WEX Fleet cards, make sure to leave enough time in between applying so they do not red-flag your account for fraud.
Qualifying for Marathon
To qualify, you are going to need:
Your business entity must be in good standing with the applicable Secretary of State
Plus, you are going to need an EIN number with the IRS
Your business address- it must be matching everywhere
A D-U-N-S number from Dun and Bradstreet
All business licenses, if applicable
Also, your business bank account
Your business phone number listed on 411
You must supply your Social Security Number for informational purposes. If you are concerned that they are going to pull your personal credit, then be sure to talk to their credit department before applying. You can give a $500 deposit instead of using a personal guarantee if you have been in business less than a year. You can apply online. The terms are Net 15. You can get it here: marathonbrand.com.
76 is owned by Phillips 66 Company. They sell gas in more than 1,800 retail fuel sites in the United States. This card reports to Dun & Bradstreet, Experian, and Equifax. You can use this card at any P66, 76, or Conoco fueling location.
Qualifying for 76
To qualify, you are going to need:
Your business entity must be in good standing with the applicable Secretary of State
Plus, you are going to need an EIN number with the IRS
Your business address- it must be matching everywhere
A D-U-N-S number from Dun and Bradstreet
All business licenses, if applicable
Also, a business bank account
Your business phone number listed on 411
Your Social Security Number is necessary for informational purposes. If you are concerned that they are going to pull your personal credit, talk to their credit department before applying. If you are not approved based on business credit history or you have been in business less than one year, then a $500 deposit is needed or a personal guarantee (PG). You can apply online or over the phone.
The terms are Net 15. You can get it here: 76fleet.com.
Wex Fleet Card
Wrights Express (WEX Card) offers universal fleet cards, heavy truck cards, and universally accepted business fleet cards. These cards have features that support small business, including a rewards program.
But before applying for multiple accounts with WEX Fleet cards, make sure to leave enough time in between applying. This way, they would not red flag your account for fraud. This card reports to Dun & Bradstreet, Experian, and Equifax.
Qualifying for the Wex Fleet Card
To qualify, you need:
Your business entity must be in good standing with the applicable Secretary of State
Plus, you are going to need an EIN number with the IRS
Your business address- it must be matching everywhere
A D-U-N-S number from Dun and Bradstreet
All business licenses, if applicable
Also, a business bank account
Your business phone number listed on 411
If you do not get an approval based on business credit history, or have not been in business for one year, then a $500 deposit is needed or a personal guarantee. You can apply online or over the phone.
The terms are Net 15 (for the WEX Fleet Card), Net 26, and Revolving (for the WEX Flex Card). You can get it here: wexinc.com/solutions/fleet-management.
The Very Best Small Business Credit Cards for People with Poor Credit – You!
Your straight-out ideal company credit cards depend upon your individual circumstances.
Just you can choose which features you want and need. So, to do your research. What is outstanding for you could be disastrous for another person.
And, as always, make sure to build business credit in the recommended order for the best, speediest benefits. And then your poor credit is not going to matter at all.
Hoot Medical is hiring a Medical Records Retrieval Specialist to join our team in multiple functions. This position will focus on records retrieval and follow-up; email communication with clients and physicians as well as daily administrative tasks.
There is significant room for growth in this position. Will be working closely with a high-growth tech and product team.
Women owned companies are exploding onto the scene. In fact, you may be surprised to learn that companies such as Cisco, Liquid Paper, The Body Shop, Spanx, and Proactive are all owned by women.
What Women Owned Companies Need to Succeed
Women owned companies are definitely becoming a force in the entrepreneurial world. According to Fundera, 40% of US businesses are owned by women. If you are ready to join the ranks, here is what you need to know.
Women Owned Companies: Start Off On the Right Foot
All businesses, including women owned companies, need strong fundability. This starts with how your business is set up. The first part of this is separating the business from yourself. This starts with having separate contact information, meaning you do not use your personal address or telephone number as your business address or telephone number.
That sounds easy enough. However, many entrepreneurs, especially women, choose to start their business from their residence. It makes sense. In theory, a female business owner could better manage a home and children if running a business from home. Even a woman, or a man for that matter, without a family could find benefit in the flexibility of running their own business from home. There is no commute, you cut the cost of buying lunch out, and you can work in your pajamas.
Foundation of Fundability
While some would argue these things are not all they’re cracked up to be, one thing is for sure. It is definitely tempting to use your personal contact information as your business information if you work from home. There are two things you need to know about this.
What frustrates you the most about funding your business? Check out how our free guide can help.
Contact Information
First, regardless of where you run your business from, you do not need to use your personal contact information as your business contact information. Second, you can still run your business from your home and still have separate contact information for your business.
The phone number part is easy. You could get a separate phone, but it isn’t necessary. It is easy enough to get a number that works through the internet. You can then forward it to your regular phone, and whenever someone calls your business number it will ring to your personal phone.
An address is a little trickier, but not impossible. Whatever you do, don’t use a P.O. Box or an UPS box. Many types of funding will not accept this type of address. They want to see a physical address.
Other Setup Information
This is not the only issue with setting up your business to be fundable. But it is the first step. After that you need an EIN, you need to incorporate, and you absolutely must get a D-U-N-S number. You also have to open a dedicated business bank account.
The whole point in setting up your business to be fundable is so that you can get funding for your business. There is a huge catch 22 here, as if you are already running a business and are not yet set up to be fundable, you may need money before you can get it done. The set up is only one piece of the fundability puzzle. There are over 100 different fundability factors that lenders consider. Building business fundability takes time.
Best Funding for Women Owned Companies Right Now
The problem is, the longer you wait, the hard it gets to build fundability. Not only that, you need money now, right? How do women owned companies get the funds they need to grow and thrive, or just survive, in the meantime? We have a few suggestions.
Credit Line Hybrid
The credit line hybrid is unsecured business financing. It is available to pretty much anyone for any type of business expense. You can use it for real estate, equipment, working capital, and even startup expenses. Not only that, but there is no security required. Furthermore, there is no down payment, and you do not have to provide income documentation. It is completely no-doc financing.
You do need to have personal credit of 680 or above. Also, there cannot be any late payments in the past 12 months, there can be no open collections or bankruptcies, and there should be less than 4 inquiries in the past 6 months on your consumer credit report. There also has to be at least 2 open credit cards with a $2,000 limit or higher with 2 years of good payment history.
If you do not meet these requirements, you can take on a credit partner that does meet them. The payments will still be reported on the business’s credit report, so business credit will build whether you get the financing yourself or through a credit partner.
You can get up to $150,000, and often interest rates are as low as 0% for the first 6 to 18 months.
Business Revenue Lending
If your business has consistent revenue of $120,000 per year or more, you may qualify for this type of funding. Lenders verify revenue using bank statements. There can be no recent bankruptcies, but the minimum credit score to qualify is as low as 500.
A business must also be in operation for a year or more, and they must do over 5 small transactions each month to get business revenue financing.
What frustrates you the most about funding your business? Check out how our free guide can help.
Merchant Cash Advance
If your business accepts credit card payments and you have at least a 500 FICO, you could get up to $750,000 in a merchant cash advance. Credit rates are usually lower compared to traditional financing as well.
Your business must bring in $100,000 or more per year in credit card sales, and typically you can get approval equal to one months credit card financing volume.
Account Receivable Financing
Outstanding account receivables can also be a source of funding for your business. Get as much as 80% of receivables advanced in less than 24 hours. You get the rest of the accounts receivable amount once you collect full payment for the invoice. Closing takes 2 weeks or less.
Receivables should be with the government or another business. Getting financing with receivables from individuals is not as easy. If you also have purchase orders, then you can get financing to have those filled. You won’t need to use your cash flow to do so.
Equipment Financing
You can secure this type of financing by using existing equipment or new equipment you want to purchase as collateral. Funding is available up to $10 million. Terms range from 5 to 60 months, and you need a minimum 550 FICO.
The equipment must be new, and most types of equipment are acceptable, including software.
You’ll need to provide details on the equipment to be financed and, depending on the loan amount and certain risk factors, you may need to show 2 years corporate and personal tax returns.
Enterprise SBA Loans
For these loans you have to have collateral worth up to at least 50% of the loan amount, but you only need a FICO of 620. There also can be no bankruptcies in the past 4 years. Only for profit companies qualify, and they must have positive trends in sales growth. Generally amounts are available of up to $12 million with terms up to 25-years.
What frustrates you the most about funding your business? Check out how our free guide can help.
Women Owned Companies Can Get the Funding They Need
While there are some women business grant opportunities out there, they are highly competitive and rarely enough to fully fund business needs. These funding options are great for immediate cash needs, and you can work on building your fundability in the meantime. Once your business has strong fundability, you can have pretty much any business funding you need.
The absolute best way to build fundability is with the help of a business credit expert. They can walk you through the complicated web of the many factors that affect fundability, including helping you find accounts that will report to your business credit profile. That is the only way to build a business credit score.
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