516: Why You Shouldn’t Pay Influencers in 2024 | Gretta van Riel
Jun 14, 2024
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Entrepreneur Gretta van Riel shares her influencer marketing strategies for scaling ecommerce brands, including product-for-post campaigns, negotiating with influencers, and tracking conversions. She discusses the importance of working with influencer co-founders, utilizing the tiered micro influencer approach, and leveraging platforms like Twitch. Van Riel also emphasizes the value of direct-to-camera selling and post-purchase surveys to track influencer impact.
Launching a product early yields valuable learnings and fuels rapid growth.
Influencer marketing with a tiered approach can substantially impact revenue and brand visibility.
Deep dives
Founder Plus Frameworks for Business Success
Founder Plus offers proven frameworks tailored to businesses for fast results, with a community of over 30,000 entrepreneurs and weekly mentorship. The $1 trial allows users to start their dream business confidently. Partnering with influencers as co-founders can lead to rapid brand growth and success.
The Importance of Early Product Launches
Launching a product early, even if it feels imperfect, can lead to valuable learnings. Greta shared her experience of starting her detox tea brand quickly, making sales overnight, and adapting to fulfill orders as the business grew. Early successes fueled rapid growth.
Influencer Marketing Strategies
Influencer marketing can be a powerful tool for brand growth. Greta emphasized the significance of leveraging influencers' audiences for product promotion. A tiered approach, using nano to macro influencers, can yield effective results. Influencers can substantially impact revenue and brand visibility.
Negotiating with Influencers
Negotiating with influencers requires balancing deliverables and budgets. Greta highlighted the importance of establishing clear metrics for evaluating influencer performance and negotiating fair rates. Utilizing tracking tools and post-purchase surveys can optimize influencer campaigns for maximum impact.
Listener favorite Gretta van Riel returns to the podcast to share the influencer strategies that helped her scale three million-dollar ecommerce brands. Van Riel chats with Nathan Chan about her early days with SkinnyMeTea and ecommerce milestones, including being featured on Oprah’s “Favorite Things” and winning Shopify’s “Build a Business” contest. Then, she reveals the strategies behind her influencer marketing agency, Hey Influencers, and offers practical advice for early-stage founders on using influencer marketing to scale effectively on a lean budget.
In this episode, you’ll learn:
What happened during the first 60 days of SkinnyMeTea
To conduct a product-for-post campaign
How to negotiate with influencers
The tiered micro influencer approach
To track conversions through personalized codes and cost-per-click
How to do a return for gifting through Instagram Stories
Van Riel’s definition of creator vs. influencer
Why working with an influencer co-founder is the fastest way to grow
The “3 Rs” of finding quality influencers
Why Twitch is an influencer gold mine
The importance of direct-to-camera selling
Why post-purchase surveys help track influencer impact
And more influencer marketing tips…
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