What is Influencer Marketing?
Influencer marketing is leveraging someone’s following on any platform to create awareness for your food CPG (consumer packaged goods) brand. Influencers are generally niche and create relationships with their followers.
In this guide, we’ll go over what goes into influencer marketing and how to promote your food startup through effective influencer marketing campaigns.
Are you a Company?
Looking For a Influencers for Promoting your Food Brand? That’s what we do here at Crowdcreate. We’ve rated the #1 Top Influencer/PR Marketing Agency and have helped with some of the most successful companies in the world. Book a call with our team to learn more.
Are influencers effective?
Does it pay off to have my food or beverage product promoted by an influencer? Influencers have humanized the traditional advertising that businesses used to rely on for decades. However, human nature has not changed, influencers are revolutionizing the consumer’s buying experience by seamlessly integrating the product and services into their lives, making the sales process more natural.
Influencer Marketing Vs. Digital Advertising
What are the Pros and Cons of Influencer Marketing
The Pros: Influencer marketing has several benefits including that you can quickly leverage an existing audience in a specific niche to help generate instant credibility for your food brand. In fact, a global survey by Telus International shows that 74% of 4,000 respondents purchased a product that was recommended by an influencer, and 88% agree that they consult online reviews before purchasing a product.
The Cons: There are some limitations and risks with influencer marketing. Sometimes you won’t have control over the content they create. Influencers are not actors for a paid commercial with a script, therefore you won’t have 100% control over the communication they spread. Also, influencers must acknowledge sponsored posts and any commission they may receive.
Promoting your Food Brand
Best Influencer Marketing Strategies
Strategy #1- Find influencers of best fit.
Influencers come in all shapes and sizes. Find the influencers that are in your niche. Here are more influencer categories that may be relevant to your niche that CrowCreate can connect you with.
Strategy #2 - Find influencers that are on the rise and haven’t blown up yet.
Strategy #3 Test and Trial.
Strategy #4 - Make creating great content your priority.
Strategy #5 - Consider an influencer agency.
Best Influencer Marketing Campaigns - Startup Case Study
As more CPG brands capitalize on influencer marketing, scrutiny and skepticism from the audience grow. The question for the influencers’ followers becomes “Do the influencers really use that product or service or they’re just trying to make more affiliate dollars?
Omsom launched in May of 2020 a line of pantry items celebrating Asian flavors. One year later they’ve grown their Instagram following to 59.3K followers and 21.4K on TikTok. To partner with influencers, they emphasized the “cultural and food appropriation” and the lack of representation that occurred with Asian cuisines.
Omsom didn’t just pay 7 Asian chefs to promote a sauce:
- The CPG brand took advantage of their expertise and integrated them as the “tastemakers” in their product research and development, as well as their marketing.
- Omsom strategically chose each influencer to expand its reach within the Asian community. Even though the 7 chefs had a common niche for “Asian Foods,” each talked to a more specific group. For instance, Pepper Teigen speaks to first-generation South-Asians, while Nicole Ponseca aims to target first-generation Filipinos.
- Omsom leveraged the credibility and audience of each influencer, for Instagram alone the campaign could reach 452K of all the influencer’s followers.
- The brand’s story connected Asian talent and creatives while creating a community that has a relevant goal, celebrating Asian culture overall.
- Lastly, Omsom created content revealing how they partnered with these influencers and how they defined fair compensation. Again, the Asian brand capitalized on the influencer marketing campaign by educating other startup owners on how they structured these partnerships.
Also, it can generate behind-the-scenes content that humanizes your CPG brand and educates other entrepreneurs. Check how Crowdcreate has helped other beauty and food CPG startups with influencer outreach.
Promoting your Food Brand
How much does Influencer Marketing Cost?
To maximize your marketing dollars and minimize the cost for your food startup, we recommend the following tips:
1. Set Up a Strategic Reward and Payment System: There are multiple ways to compensate your new partners. To define the best settlement for your partnership, keep in mind the goal of your campaign.
Are you aiming to create awareness? You might need a consistent post schedule. Is your audience in the evaluation process? You may need educational content. Or are they close to a decision stage? They might want to hear the influencer testimonials or demos. By keeping the goal of the campaign in mind, a short or long term payment plan can be determined, some forms to compensate include:
- Affiliate or Revenue Percentage Commission
- Cash Payouts
- In-Kind, Free Products or Giveaways
- Influencer Collaboration Product Line
- Equity in Your Startup
- VIP Rewards and Discounts
2. Create a Collaborative Environment: Establishing a good relationship and clear communication are building blocks for economizing your campaign. If information is not clear from both parties, the campaign may extend or not meet your expectations, and that time will cost you money.
3. Track Performance: Even though influencer marketing offers an alternative for cost-tracking, many CPG brands overlook it as data analysis can become a task on its own. However, evaluating the performance indicators of the campaign is crucial to maintaining a cost-efficient budget.
Promoting your Food Brand
Where to find influencers for your CPG brand?
You may have to continue researching within each influencer’s profile, experiment, or rely on third-party agencies to have full information about your prospect influencers’ performance. Join Crowdcreate’s Newsletter to learn how to exceed your campaign’s goal and connect with influencers’ networks.
Looking For a Influencers for Promoting your Food Brand?
Influencer Marketing Companies? Food Influencer Agency?
A specialized influencer marketing agency for CPG or food products can plug you in with thought leaders or influencers for the community you aspire to reach and conquer. Learn how CrowdCreate can easily connect you with influencers and thought leaders’ networks.
Promoting your Food Brand
Summary
To get the most effectiveness from influencer marketing, efficiency processes and project management are required, and it can be laborious. Food influencer agencies like CrowdCreate offer solutions to optimize your research, outreach, and sales cycle, saving you time and money.