What Is Creator Marketing [Guide for Brands & Creators]

What’s the Creator Economy

According to Statista, creator marketing is on the rise, and the value of this specific market between 2019 and 2021 has more than doubled, with growth from 6.5 billion U.S dollars to 13.8 billion dollars in the last three years.

To learn everything there is about the creator economy, make sure to check out our other blog, which covers pretty much everything.

 

What is a Creator

Creators are social media users that make original content that stands out in a specific topic or field. Unlike influencers, creators can have a smaller follower base and still monetize their content due to their originality.

So, a creator is a person who has the power to influence people’s purchasing decisions because they have significant authority, knowledge, a better position, or a unique relationship with their audience.

How to Find the Right Creators for Your Campaign

Creator marketing doesn’t involve only celebrities but users on social media that create original and unique content that stands out in a particular niche industry. Furthermore, Instagram is one of the most popular platforms for finding these creators. 

To learn how to use Instagram to discover your best creators, check out our blog, How to Find Instagram Creators.

Moreover, you can use our database of 50M+ creators from every niche & get to the right creators in no time— click here to find out more.

The Value of Creator Marketing

At the beginning of the creator marketing days, the to-go strategy for brands was to do one-and-done campaigns with the creators. These campaigns were based on posts that weren’t particularly tied to a broader campaign or an objective. So, they simply promoted one product or service, and that was about it.

But now, brands allocate more of their marketing budgets to creator marketing. It is estimated that this industry will have grown to $10 billion by 2020, going up from $2 billion just three years before in 2017. 

Additionally, 89% of the people surveyed by Mediakix in 2018 said that the ROI from creator marketing was better than other channels.

 

How to Develop a Creator Marketing Strategy

Creator marketing strategy, like any other marketing effort, takes calculated planning. Giving free stuff to creators and their followers is not a guarantee of success, but with a couple of tweaks and smart planning, you can get there.

1. How to find creators

Just like any other marketing strategy, the first step is research. Choose a social platform that is relevant to your business and stick to it. You can expand on other platforms, but in the beginning, sticking with only one is advisable. 

In this phase, you should also determine what type of creators you need.

Based on your budget, you can reach out to:

• Creators with massive followings
• Smaller creators with around 5.000 followers
• Mid-range creators with 10.000-100.000 followers.

Keep in mind that larger creators with more followers require financial compensation, and you even might have to go through a talent agency. In any case, you should determine which creators you want to collaborate with based on your expected ROI and marketing goals.

Once you’ve determined the type of creators you need, you should decide where you’ll look for them. 

There are multiple ways to find creators. At the end of this blog, we’ll cover some of the best platforms where you can find the needed creators.

2. How much do creators cost

The prices depend on the number of followers and their platform. For example:

• Creators with 50-500.000 followers on Instagram can charge $500–$5,000 per post
• Creators on Twitter with 1+ million followers ask for $2.000+ per post
• Creators with 1-10.000 followers on Instagram charge between $25–$250 per post.

The research is the most crucial part; it takes time and patience to find the perfect fit for your brand. 

3. How to define a budget and strategy

Once you have an idea of the creator’s cost, you need to define the budget for the creator’s marketing campaign. Consider the time for all the activities involved with using this strategy, like the plan, execution, and review of the influencer program. 

Like any other digital marketing campaign, this marketing effort involves careful observations and follow-ups. 

According to Linquia, you should spend about 25% of your total budget for digital marketing on creator marketing. Their research concludes that it should be treated as any other digital marketing channel, becoming an integral part of the digital media plan. 

You can use this creator campaign budget template made by Demand Metric to set and track your creator budget.

4. How to contact creators

So, you have your goal, message, budget, strategy, and the type of creators you want to reach. 

Now all you have to do is actually reach out to them.

For creators with up to 10.000 followers, you can send them a DM on the platform they are on. Creators with a more extensive fan base get tons of collab requests, so you have a higher chance of reaching them via email. Inspect their profiles; you will probably find contact information in their bio. 

For more information on how to reach out to them, check out this article on how to do influencer outreach. 

5. Review your creator marketing strategy

Before starting your creator marketing strategy, you should have set deadlines in your content calendar to easily track the campaign’s progress. With frequent collaborations with creators, you’ll learn more and more different things you can improve on and have more successful campaigns.

Creator Platforms

Creator companies can benefit both brands & individuals trying to break into the creator marketing space.

Platforms like Heepsy, BrandAmbassador, SparkToro, Group High, or AspirelQ host millions of creators. You can quickly find the best fit for your business or sign up and be part of the community. 

So, if you’re looking for creators or you’re an individual looking for a way to start their creator career, here’s a list of the top X platforms for creators.

1. Influencers.Club

If you want to cut down the outreach process in half and connect with the right creators immediately, you can get creators’ emails and reach out to them at scale.

Influencers.club can provide you with a targeted, ready-to-use database of creators based on your needs, requirements, and marketing goals.

What’s more, the data you’ll receive includes multiple data points on the creators, including:

• Follower count;
• Impressions;
• Engagement rate;
• Estimated reach;
• Content upload frequency;
• Influencer-specific demographics.

Here’s a free sample data of creators to see the service’s quality.

So, if you want to kick off your creator marketing efforts, and get the best possible results – contact our team & learn more.

Pricing: Three available pricing tiers (depending on the size of the ordered database)

2. Klear

Klear breaks down influencers into thousands of topic categories, making it easy for you to find the right creators for your niche. Furthermore, you get a few data points on the creators that can help you decide whether or not the creator is a right fit for your brand.

Lastly, Klear can help you measure the results of the campaign to help you determine which creator works best.

Pricing: There’s a free version & paid packages.

3. Traackr

Traackr is an influencer marketing platform that does influencer marketing from start to finish – from finding social media influencers to measuring the campaign results.

Traackr is a great place to discover creators and also manage your creator marketing campaigns.

It offers multiple filters that help you narrow down the right creators for your brand. Additionally, it comes with an app that enables you to measure the success of the campaigns.

Pricing: The platform offers annual and multi-subscriptions.

4. Upfluence

Upfluence in another platform that has about three million creators on it. So, you can surely find the right creators here; however, it might take you a bit more time.

Like the other platforms, you can filter through the creators through various data points.

Pricing: Multiple tiers per contact, starting at $795.

5. BuzzSumo

You can find both content and creators at BuzzSumo. Moreover, you can get insight into the creators’ engaged audiences on Facebook, Twitter, Instagram, and other social platforms.

Lastly, you can find any type of creator on this platform, from social media creators to bloggers, and journalists – the options are limitless.

6. Heepsy

Heepsy is a platform that hold millions of creators which all have more than 5,000 followers. 

The platform filters out spammers and fake accounts, so you’ll be working with legit creators if you choose this platform.

Lastly, you can explore lists, export data, and reach out to influencers directly from the platform.

Pricing: Multiple tiers, starting from $49 per month.

8. GroupHigh

This platform hosts specifically bloggers. On the platform, you can find personal information and social media profiles of the creators.

So, if you’re specifically looking for bloggers, GroupHigh is the perfect platform for you.

Pricing: Multiple tiers starting at $179 per month + free trial.

Conclusion 

The world of creator marketing has vastly changed in a short period of time, and trends change in a blink of an eye. But, if you follow the steps we mentioned, such as doing proper research, setting a budget, defining the goals, finding the creators, and properly planning your campaign, you may pave the way for a successful campaign. 

The success of the campaign varies from brand to brand, and don’t get discouraged if you don’t succeed at first. It’s obvious that these days including a creator and developing a creator marketing strategy is beneficial for everyone.