INFLUENCER MARKETING

How to Find Influencers For Affiliate Marketing in 2024 - 101 Guide

Alexandra Kazakova

By Alexandra Kazakova
16 min READ | Aug 28 2024

Table of contents

Almost 59% of companies are now using influencers for their affiliate marketing programs.

This figure underscores the undeniable power of influencers to drive sales and build brand loyalty.

However, finding the right influencer who genuinely connects with your audience and aligns with your brand values can be quite challenging.

If you've spent countless hours scrolling through endless profiles only to come up empty-handed, you're not alone.

To help streamline your search process, we’ve curated this guide that explores:

  • Introduction to affiliate marketing
  • Tips to find influencers for affiliate marketing
  • How to make the most of influencer affiliate marketing
  • Real-life examples of of successful campaigns

P.S.: Looking for authentic influencers who can deliver tangible results? Check out inBeat.co - an influencers discovery platform. With a vast, spam-checked database of influencers, we ensure you find the right fit for your brand. Plus, we offers a free toolkit, including tools like an engagement calculator and a fake followers checker, to help you select the most genuine influencers out there!

TL;DR:

Affiliate Marketing Importance: Influencers drive significant sales and brand loyalty; 59% of companies use them in affiliate marketing programs.

What Is Affiliate Marketing?: A strategy where affiliates earn commissions by promoting products/services and generating sales.

Benefits of Affiliate Marketing:

  • Cost-effective with high ROI.
  • Expands brand reach and boosts SEO.
  • Performance-based and scalable.
  • Diversifies traffic sources.

Finding Influencers:

  • Use influencer marketing platforms like inBeat.co to discover and evaluate influencers.
  • Collaborate with agencies for expert management of influencer partnerships.
  • Utilize social media tools, analyze competitors, and join affiliate networks.
  • Incentivize current affiliates for referrals and use hashtags to locate influencers.

Maximizing Influencer Marketing:

  • Develop compelling offers, provide necessary resources, and maintain open communication with influencers.

Real-Life Success: Examples from Native, Soylent, and New Balance highlight effective influencer campaigns managed by inBeat Agency.

What Is Affiliate Marketing?

Affiliate marketing is a performance-based advertising strategy where individual influencers or companies, known as affiliates, earn commissions by promoting products or services of another business and generating sales for them.

Common marketing mediums used for this purpose include blogs, social media accounts, and websites.

This type of marketing contributes to almost 16% of eCommerce purchases in the United States and Canada.

7 Major Benefits of Affiliate Marketing

If you’re considering affiliate marketing for your business, it’s important to understand the key advantages that make it a powerful tool for growth.

Some major benefits that highlight why this strategy is so effective are:

  • Cost-effective: Affiliate marketing is a performance-based model, meaning you only pay for actual conversions. This makes it a highly cost-effective strategy. Businesses report an average return on investment (ROI) of $15 for every dollar spent on affiliate marketing​
  • High ROI: With targeted partnerships, affiliate marketing often delivers a strong ROI. In fact, companies that invest in affiliate programs can see their revenue increase by 30%​. This high ROI makes affiliate marketing an attractive option for businesses looking to maximize profits.
  • Expanded reach: By partnering with affiliates, you can tap into their established audiences, significantly expanding your brand’s visibility. 81% of brands say that affiliate marketing helps boost brand awareness which allows you to reach new markets and demographics​.
  • Performance-based: Affiliates are motivated to perform well since their earnings are directly tied to their results. This performance-based model ensures that affiliates are driven to promote your products effectively that in turn leads to better overall campaign outcomes​.
  • Diverse traffic sources: Affiliates use multiple channels to promote your products, such as blogs, social media, and email marketing. This multi-channel approach not only increases your exposure but also mitigates the risk of relying on a single traffic source​.
  • Scalability: Affiliate marketing is easily scalable. As your business grows, you can expand your affiliate network without significant upfront costs. This allows you to continuously reach new customers and markets, contributing to sustained business growth​.
  • Improved SEO: High-quality backlinks from affiliate partners can boost your website’s search engine rankings. Given that 69% of affiliates use SEO as a primary strategy. This drives organic traffic as well as improves your site’s authority in search engine results​.

How to Find Influencers For Affiliate Marketing

To succeed in affiliate marketing, it is crucial to partner with the right influencers.

Let’s take a look at a few tips from inBeat experts that can help you in the process:

1. Hunt Through Influencer Marketing Platforms

Finding the right influencers for your affiliate marketing efforts can be streamlined by leveraging influencer marketing platforms.

They help you connect with creators in various niches so you can easily find the one that aligns with your brand’s target demographics and values.

Let’s see how you can efficiently hunt for the perfect influencers through these platforms:

  • Use toolkits: Most influencer marketing platforms, such as inBeat.co, allow you to use specific keywords and filters to find relevant creators. We also offer a toolkit containing calculators for engagement rates, authenticity, and influencer cost. Through this data-driven approach, you can narrow down affiliate influencers who can drive growth and maximize ROI for your business.
  • Check audience insights: Many platforms offer a sneak peek into an influencer’s audience demographics and interests. Examine factors such as age, gender, location, and interests to ensure their followers match your ideal customer profile. This alignment is crucial for the success of your affiliate campaigns.
  • Direct messaging: Influencer discovery platforms like inBeat have integrate with your CRM so reach out to influencers directly. This streamlines the process of initial contact, negotiation, and collaboration details. Consequently, it also gets easier for you to manage multiple influencer relationships simultaneously.

Pro Tip: When using influencer marketing platforms to organize and initiate your affiliate campaigns, take advantage of features that allow you to export influencer contact information. Once you have curated a list of potential influencers, exporting their details with a single click, such as that offered by inBeat.co, can streamline your outreach process.

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2. Collaborate with an Agency

Partnering with an influencer marketing agency can simplify the process of finding the right influencers for your affiliate marketing program.

Agencies have established networks and the expertise to identify influencers who align with your brand values and target audience.

For instance, agencies like inBeat excel at identifying and managing successful influencer partnerships, which saves you time and ensures you connect with only those creators who can genuinely drive results for your brand.

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When working with an agency, follow the below steps for streamlined outcomes:

  • Define clear objectives: Before engaging with an agency, define your key performance indicators and share detailed information about your target audience, brand values, and the specific outcomes you expect. This will help the agency identify the right influencers and strategize campaigns that align with your objectives.
  • Engage in collaborative strategy formation: Work closely with the agency during the campaign development process. While agencies bring expertise to the table, your insights about your brand and customers are invaluable. Participate in brainstorming sessions, approve content themes, and be involved in the selection of influencers.
  • Regularly monitor and optimize campaigns: Set up regular check-ins with the agency to review campaign performance and discuss any necessary adjustments. Use these meetings to analyze what is working and what is not, and don’t hesitate to tweak strategies based on performance data.

Pro Tip: While partnering with an agency for influencer marketing, prioritize those that offer transparent reporting on campaign performance, including clear metrics on influencer effectiveness, audience engagement, and ROI. This ensures you can make informed, data-driven decisions for optimizing your marketing strategies.

3. Use Social Media Platforms

Social media platforms offer a rich array of tools and data that can allow you to strategically select influencers based on various useful aspects.

This approach ensures that every influencer partnership is well-aligned with your brand’s goals, which maximizes the potential for campaign success and drives meaningful engagement.

To use this method effectively, follow the below tips:

  • Advanced audience segmentation: The advanced audience segmentation tools on social media platforms allow you to filter users based on criteria such as interests, behaviors, geographic locations, and past purchasing behaviors. This precision helps pinpoint influencers whose followers will likely resonate with your brand.
  • Cross-platform presence analysis: Evaluate potential influencers based on their presence across multiple social media platforms to maximize your ROI. For example, someone who is active on both Instagram and YouTube offers more versatile campaign opportunities than one who is only present on a single platform.
  • Content style and compatibility: Before engaging with influencers, analyze their content style to ensure it aligns with your brand’s values. This includes reviewing the tone, visual style, and types of content they produce. Social media platforms offer a direct window into their creative approach through their feed, stories, and videos.

Have a look at the content style of Ruben Cespedes

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Pro Tip: At inBeat, we recommend conducting a sentiment analysis on the comments and interactions on an influencer’s posts to better understand how your audience perceives them. Tools like Brandwatch and Hootsuite Insights can analyze this data, so you can have a clearer picture of how an influencer’s audience feels about their content.

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4. Analyze Your Competitors’ Partnerships

Analyzing your competitors’ affiliate partnerships can provide valuable insights into successful strategies and help you refine your affiliate marketing approach.

You can identify influential market trends, evaluate the effectiveness of different influencers, and uncover gaps in your own strategy by evaluating your competitors.

inBeat experts suggest the following three practical ways to achieve this purpose:

  • Industry forums and newsletters: Stay engaged with industry forums, blogs, and newsletters. These often feature case studies, interviews, and articles about successful affiliate marketing strategies, which also include influential partnerships that might not be visible through direct observation.
  • Analyze promotional campaigns and content: Study the types of promotional content your competitors launch with their affiliates. Pay attention to the content themes, visual styles, and the calls-to-action that influencers are encouraged to use. This will provide solid data into what resonates with your shared target audience.
  • Affiliate link tracking: Use tools like SimilarWeb or Ahrefs to track where traffic is coming from to your competitors’ sites. This can help identify which affiliate links are driving it and potentially reveal influential affiliates in your niche.
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Pro Tip: Conduct a SWOT analysis (Strengths, Weaknesses, Opportunities, Threats) on your competitors’ influencer partnerships. This structured approach helps see what is currently working well or poorly for them and also identifies potential opportunities for your brand to capitalize on or threats to mitigate.

5. Incentivize Your Existing Affiliates to Generate Referrals

Offering gifts to your existing affiliates if they generate referrals can help you amplify your marketing efforts by leveraging their networks to expand your reach.

Besides this, the approach is also effective in reinforcing the commitment of your current affiliates as you reward them.

To effectively use this tactic, follow the tips below:

  • Offer tiered commission structures: Implement a tiered commission system where affiliates earn a higher rate for bringing in new affiliates who successfully convert sales. This can motivate your existing affiliates to actively seek out and recruit new partners.
  • Provide bonuses for referrals: Introduce a bonus scheme for each new affiliate an existing partner successfully recruits. These bonuses can be monetary or involve other rewards such as free products, services, or increased visibility within the affiliate network.
  • Create exclusive referral contests: Organize contests where affiliates compete to refer the most new partners within a specific timeframe. Offer significant prizes such as cash bonuses, high-value gift cards, exclusive products to the top performers to stimulate competition and increase participation.

Pro Tip: Leverage personalized outreach when encouraging affiliates to generate referrals. Instead of a generic message, tailor your communication to each affiliate, highlight their past successes and the specific benefits of the referral program. This personal touch can significantly boost their motivation to participate and recruit new influencers.

Hopper, a client of our sister agency inBeat, offers affiliate referral programs for influencers.

The image below displays all the details:

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6. Use Relevant Hashtags

Focusing on different types of hashtags on social media platforms is another useful strategy to locate relevant influencers.

These act as precise filters and allow you to sift through vast amounts of content to find affiliates who truly resonate with your marketing goals.

For example, an influencer promoting Miro, one of our sister’s agency inBeat clients, has used hashtags like #students, #career #studyguide, etc.

If your business is related to the niche, you can use similar ones to hunt affiliates effectively.

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Now, let’s have a look at a few common types of hashtags that you can use for this purpose:

  • Niche specific hashtags: You can discover influencers who are deeply embedded in your industry and have a strong, engaged audience through these hashtags. For example, if you are in the health and wellness industry, hashtags like #FitLife, or #CleanEating might lead you to influencers who create content around these topics.
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  • Local hashtags: Local hashtags are valuable when your affiliate marketing strategy includes targeting a specific geographic area. For example, if your campaign is focused on the New York City market, hashtags like #NYCblogger or #NewYorkLife can help you locate local affiliates with a strong presence in the region.
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  • Campaign or challenge hashtags: Many influencers participate in or create their own campaigns or challenges on social media with unique hashtags. For example, a fitness influencer can create a hashtag like #30DayFitnessChallenge. Searching for these can lead you to influencers who are actively driving engagement.
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Pro Tip: Don’t just follow and monitor these hashtags; engage with the content under them. Commenting on posts, sharing relevant content, and even reaching out directly through social media can help you build relationships with influencers before proposing affiliate partnerships. This way, they are more likely to consider a collaboration.

7. Join Established Affiliate Networks

Affiliate networks serve as a valuable intermediary that connects brands with a vast pool of influencers who have already been vetted and are ready to promote products.

These networks facilitate easier discovery and collaboration with affiliate influencers who align with your brand’s needs.

Let’s have a look at how to effectively use them:

  • Use network recommendations: Some affiliate networks use algorithms to recommend influencers based on your previous successful partnerships and campaign goals. These recommendations can be a useful starting point, especially when expanding into new markets or product categories.
  • Participate in network-facilitated programs: Many affiliate networks host exclusive events that facilitate direct interactions between brands and influencers. These include virtual meet-ups, webinars, or even pitch sessions where influencers present their content strategies and past campaign successes.
  • Engage with seasonal and topical campaigns: Leverage the network’s insights on seasonal trends and upcoming promotional opportunities. Aligning with influencers who are planning content around these trends can amplify your visibility and relevance, mainly during peak shopping periods or around specific events.

Pro Tip: When using affiliate networks to find influencers, set up automated alerts for new influencer sign-ups and emerging high performers within your niche. This allows you to be one of the first to engage with up-and-coming creators who are gaining traction but may not yet be saturated with partnership offers.

Below, you can see an affiliate network example - AWIN.

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3 Important Tips to Get the Most out of Affiliate Influencer Marketing

Just finding the right influencers for affiliate marketing is not enough.

You also need to lay down the foundation of long-term partnerships. A few expert tips on how you can seamlessly do this are:

1. Develop a Compelling Offer

Craft an offer that is both attractive to the influencers and their audiences.

This could include exclusive discounts, early access to new products, or higher commission rates for sales generated through their unique affiliate links.

You can also create bonus incentives for reaching certain milestones, such as a set number of sales or new customer referrals.

These could be cash bonuses, free products, or a trip for top performers.

It adds an exciting challenge to the campaign and can drive better results.

2. Provide Enough Resources

Support your influencers by providing them with all the necessary resources to succeed.

This includes:

  • High-quality images
  • Product samples
  • Detailed product information
  • Creative assets etc.

Also, consider creating a guideline document that outlines how to best use your branding elements.

The easier you make it for influencers to create compelling content, the better the results will be.

3. Maintain Open Communication

Keep the lines of communication open with your affiliates.

Regular check-ins, feedback sessions, and being available to answer any questions they might have are all important.

This ongoing dialogue helps build a strong relationship, encourages transparency, and promotes a sense of partnership.

It also allows you to quickly address any issues that might arise and ensures that both parties remain aligned on the campaign goals.

Real-life Examples of Successful Campaigns

inBeat Agency, our sister paid media agency, has worked closely with multiple brands to promote their services and products via affiliate influencer marketing.

Let’s have a look at a few of them:

1. Native

Native faced a challenge in producing a large volume of diverse and cost-effective content swiftly for their collection releases.

To address this, they turned to inBeat Agency and casted a wide range of affiliates who captured authentic, genuine content that showcased Native’s products effectively.

The influencers' content reflected the brand’s values and appealed directly to a broad audience, which attracted the attention of massive potential customers.

Results:

  • 1000+ unique photo and video assets
  • Five collection releases
  • 200% over twice the initial content target
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2. Soylent

Soylent aimed to enhance awareness of their new product lines tailored to specific interests such as outdoor activities, hiking, and gaming.

For this, the brand collaborated with inBeat Agency to leverage the power of affiliate micro-influencers.

Their strategy focused on engaging ten diverse influencers who authentically integrated Soylent’s products into their content to ensure relevance and appeal to targeted audiences.

Results:

  • 5M+ impressions
  • 50+ reusable content assets.
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3. New Balance

New Balance embarked on an affiliate influencer campaign to promote their in-store products across various cities in California.

It contacted inBeat Agency, which undertook a discovery and casting process to identify content creators who embodied the brand’s ethos and also possessed strong community ties.

This strategic approach allowed the brand to effectively use seven athlete influencers to enhance brand visibility and drive foot traffic to their California stores.

Results:

  • 750k cumulative audience across creators
  • 50+ photo and video assets
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Find the Perfect Influencers for Affiliate Marketing with inBeat.co

Finding the right influencers for affiliate marketing involves a strategic blend of research, analysis, and partnership development.

Using the methods outlined above, you can find those whose audiences and content align with your target demographic and brand values.

This is crucial to ensure higher engagement rates and optimize ROI.

Key Takeaways:

  • Affiliate marketing is a performance-based model where affiliates earn commissions by promoting a company's products or services and generating sales or leads.
  • To find influencers, you can leverage affiliate networks that offer access to a vetted pool of them.
  • Influencer marketing platforms also facilitate the discovery and management of influencer relationships.
  • Use different types of hashtags to find affiliate influencers actively engaging in relevant conversations.
  • Engage with your current affiliates by incentivizing them to bring new partners into your program.

Still wondering how to find the right influencers for your next affiliate marketing campaign?

inBeat.co can assist you.

With its robust database, you can easily search for niche-specific influencers by applying filters such as followers, location, language, engagement, verification status, and availability of contact information like email or website.

For added peace of mind, you can also assess their engagement levels and authenticity using the platform’s free toolkit.

Book a demo now to discover influencers who truly align with your brand!

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