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Capitalising on
contextual influence
Part 4 of “The 3rd Age of Social” eBook
GET THE FULL EBOOK

1	
  
Influence
Identification

Weather
Prediction

Marketers are taking social influence seriously

150 years ago weather
predictions were met with
scepticism…

…now we use them every
day.

Similarly, while influence scoring was previously met with scepticism,
a study by Sensei Marketing revealed that:
ü  74% of brands will deploy “influence marketing strategies” as part of
their marketing strategy over the next 12 months.
ü  >50% of marketers now allocate budget specifically for “influence
marketing” strategies, rather than just social media more generally.

2	
  
The key is to understand influence in the specific context that is
relevant to your brand
A Twitter user may have
millions of followers but:
a)  will they actually talk to
you?
Example

Barack Obama

Justin Bieber

British Cheese
Board

b)  are they actually
influential within the
context of your brand?
The key is to target users
in the ‘magic middle’ who
are not exactly ‘celebrities’
but whose
opinion is
respected
in your
field.
Your follower base is like an iceberg –
the middle is the interesting part!
3	
  
How can influencers help?
Traditional advertising

transition

Influence marketing

•  Well understood by marketers
•  Established tracking &
measuring frameworks
•  In most cases proven ROI

•  Highly trusted
•  Network effects give chance of
massive amplification
•  Relationships, not transactions

•  Impossible to have 1:1
relationships with everyone
•  Not trusted
•  Consumer fatigue - “tune out”
•  Diminishing ROIs

•  Hard to get right (till now)
•  Not well understood
by marketers
y
ers sa
onsum media
(yet)
c
d
% of

e
92
of
t earn
y trus ther forms
the
all o
n)
above sing (Nielse
ti
a d ve r

4	
  
Why Influence in Context?
For the relationship to be fruitful, you have to consider the
following contextual questions about your influencers:

Are they the right fit?

What sort of relationship
should you build?

Early
Adopters /
Potential
Reviewers

The influencer must
be contextually
interested in and
receptive to your
advances

Their followers
need to be
likely to be
interested too

Their followers
need to respect
their authority in
the context your
brand is
interested in

EACH
RELATIONSHIP IS
DIFFERENT
Experts
with
Respected
Opinions

Big
Players in
Connecte
d Fields

5	
  
What about Segmentation?
The death of segmentation is increasingly
being heralded by marketers and executives,
including IBM’s CEO Ginni Rometty.

“The shift is to go from the
segment to the individual. It
spells the death of the average
customer. Take the data and do
things like real-time pricing, you’re
going to do omnichannel…”
- Ginni Rometty, IBM CEO

A new framework
Where the classic segmentations using broad
demographics , transactional data and market
research are failing, the wealth of data from social
media can in fact be understood to be creating a
deeper, more nuanced framework of segmentation.

What’s it got to do with influence?
Strategically targeting influencers is a quick and
efficient way to infiltrate this massive proliferation of
unique segments and reach individuals on a
personal level.

6	
  
Contact us
www.peerindex.com | @peerindex | +44 (0) 333 577 7337

SIGN UP FOR A PIQ DEMO
GET THE FULL EBOOK

7	
  

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Capitalising on contextual influence

  • 1. Capitalising on contextual influence Part 4 of “The 3rd Age of Social” eBook GET THE FULL EBOOK 1  
  • 2. Influence Identification Weather Prediction Marketers are taking social influence seriously 150 years ago weather predictions were met with scepticism… …now we use them every day. Similarly, while influence scoring was previously met with scepticism, a study by Sensei Marketing revealed that: ü  74% of brands will deploy “influence marketing strategies” as part of their marketing strategy over the next 12 months. ü  >50% of marketers now allocate budget specifically for “influence marketing” strategies, rather than just social media more generally. 2  
  • 3. The key is to understand influence in the specific context that is relevant to your brand A Twitter user may have millions of followers but: a)  will they actually talk to you? Example Barack Obama Justin Bieber British Cheese Board b)  are they actually influential within the context of your brand? The key is to target users in the ‘magic middle’ who are not exactly ‘celebrities’ but whose opinion is respected in your field. Your follower base is like an iceberg – the middle is the interesting part! 3  
  • 4. How can influencers help? Traditional advertising transition Influence marketing •  Well understood by marketers •  Established tracking & measuring frameworks •  In most cases proven ROI •  Highly trusted •  Network effects give chance of massive amplification •  Relationships, not transactions •  Impossible to have 1:1 relationships with everyone •  Not trusted •  Consumer fatigue - “tune out” •  Diminishing ROIs •  Hard to get right (till now) •  Not well understood by marketers y ers sa onsum media (yet) c d % of e 92 of t earn y trus ther forms the all o n) above sing (Nielse ti a d ve r 4  
  • 5. Why Influence in Context? For the relationship to be fruitful, you have to consider the following contextual questions about your influencers: Are they the right fit? What sort of relationship should you build? Early Adopters / Potential Reviewers The influencer must be contextually interested in and receptive to your advances Their followers need to be likely to be interested too Their followers need to respect their authority in the context your brand is interested in EACH RELATIONSHIP IS DIFFERENT Experts with Respected Opinions Big Players in Connecte d Fields 5  
  • 6. What about Segmentation? The death of segmentation is increasingly being heralded by marketers and executives, including IBM’s CEO Ginni Rometty. “The shift is to go from the segment to the individual. It spells the death of the average customer. Take the data and do things like real-time pricing, you’re going to do omnichannel…” - Ginni Rometty, IBM CEO A new framework Where the classic segmentations using broad demographics , transactional data and market research are failing, the wealth of data from social media can in fact be understood to be creating a deeper, more nuanced framework of segmentation. What’s it got to do with influence? Strategically targeting influencers is a quick and efficient way to infiltrate this massive proliferation of unique segments and reach individuals on a personal level. 6  
  • 7. Contact us www.peerindex.com | @peerindex | +44 (0) 333 577 7337 SIGN UP FOR A PIQ DEMO GET THE FULL EBOOK 7