How can we measure the Impact of Personal Branding vis-a-vis Influencer Marketing?
Dear Esteemed Readers,
Welcome to the latest edition of "TalentZ," your go-to destination for all things related to cutting-edge marketing & branding strategies and trends. In an era where the Business landscape is constantly evolving, we are thrilled to embark on this journey of knowledge-sharing and innovation with you.
Overview of Personal Branding!
Personal branding is the process of creating a brand identity for a person or a company. As the name suggests, this is a brand for you or your business. Essentially, it is how you project your brand and its values to the world and ensure that your target audience knows who you are, what you stand for, and why it’s worth choosing you over your competitors. Personal branding is not just about marketing but about being your marketer. It is about standing for yourself and your business to command respect and confidence from your peers and customers.
It is the conscious and intentional effort to create and influence public perception of an individual.
It is a process of positioning them as an authority in their industry, elevating their credibility, and differentiating themselves from the competition. The goal of Personal Branding is to advance an individual’s career, increase their circle of influence, and have a more considerable impact.
Many leading entrepreneurs have risen to be even bigger personal brands than their business brands, that’s the kind of difference personal branding can bring about.
After a clear understanding of Personal Branding let's discuss effective ways through which we can measure the Impact of Personal Branding!
1. Number of Subscribers
Apart from social media following, there is one more way to measure the dedication of your audience towards your brand. And that’s through your subscriber list of your blog, email, newsletter, promotional emails etc. People who subscribe to your list are the one who believe in you as a brand, and they find value addition in their life through the content you create. They are the ones who will take real action to connect and engage with you.
2. Reach and Engagement
Having a strong presence on social media sites is fast becoming essential for your brand. For measuring your brand, you need to track your reach on your social media accounts and other digital platforms. You can track the number of likes, retweets, comments and more shares you get on the content that you create. This defines your reach and engagement.
3. Website Traffic
You can drive your social media traffic to your website. A good social media marketer will also set your web space as the goal that you must convert through your social media. Those who visit your website are the one who take interest in exploring more about your offerings, services and how they can associate with you. It would be best if you track your website traffic. This way you can also analyze the pages that are performing well, those that need improvisations and even the customer behaviors on your website.
4. Number of Mentions
To measure the impact of your brand, you can track your mentions. And get the clear picture of how many people are mentioning your name on social media, and what they talk about you. Don’t be afraid to reply to their DM’s and mentions, and you may make new connections and discover new opportunities. Mentions are powerful in establishing your personal brand as that is in a similar context. Whereas for influencer marketers the mentions could be across various contexts for many brands.
5. Return on Investments
Whether you own a business or work for another brand, your ultimate goal is to establish yourself as a professional. Influence marketers wish to drive sales and earn profits for the brand they associate with, personal brands wish to establish authority, credibility and expertise. Goals of a personal brand could be PR, Pro-bono projects, speaking engagements and leadership gigs turn into paid partnerships.
Anything that you do for the intent of marketing and outreach, the impact should be measured. This helps in future planning, forecasting and assessing the consumer insight too. Following are the five metrics that will help you measure the brand metrics.
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