Skip to main content

3 Major Social Media Influencer Mistakes To Avoid Making


Being an influencer on social media platforms like Instagram, YouTube, Twitter, Facebook, and LinkedIn isn't easy. It takes years of learning the social platform(s), producing valuable content that stands out, promoting yourself to a larger audience, and interacting with your followers. Even when you have achieved influencer status, it can be very difficult to keep that influencer status while staying profitable over multiple years. So much changes on a yearly, monthly, or even weekly basis on social media and Google so you have to stay on top of your game. Here are 3 mistakes that I want you to avoid making so you can continue to thrive as a social media influencer making the big bucks long term. 

1) Taking Social Influencer Status For Granted

The biggest mistake I've ever made as an influencer was taking my social platforms and influencer status for granted. When you diversify your focus too much, stop grinding daily, become too busy to reply to your followers, and don't follow the nuanced changes in social media platforms... then you inevitably start to fall behind. There are countless people out there hustling to be the next top YouTube Creator or Instagram influencer that will devote all of their energy to being the next big thing and taking your place. 

Enjoy the organic traffic on all platforms while you can because it is fleeting on all platforms just like it did from Facebook! It happened on Twitter and LinkedIn years ago and now it's happening on Instagram and YouTube. Strike now while the iron is hot and don't assume you'll get the same organic reach again tomorrow. 

2) Not Being Selective With Paid Product Placements

The mistake I've made as an influencer involves accepting paid product mentions, reviews, and endorsements too soon. If you try and monetize your influencer status too early by peddling products (or pushing too many annoying ads) that don't fit with your brand, then you will lose a lot of credibility and followers. In the long run it could even cost you more lucrative opportunities with much bigger brands. While we all want to cash in on our influencer status, if you do it too soon or in the wrong way it will harm your reputation. It's great to build up a portfolio of sponsored content and earn a little money to invest in your online empire, but only select opportunities that will enhance your brand and not detract from it.

3) Not Diversifying Revenue Streams


I cringe whenever I see influencers, even the very successful ones, depend solely on a single source of revenue. For years I've seen this take the form of YouTube Partners that only made their money from YouTube ads and maybe T-shirt sales from Spreadshirt. What happens when your RPM (earnings per 1,000 views / impressions) starts to dip down due to market crowding or reduced ad spend from advertisers? Bloggers have made the same mistake depending on AdSense and other premium ad networks for consistent revenue. Instagram influencers usually do paid product promotion as their only source of revenue, but what happens when those offers start drying up or decreasing in value? You have to find other ways to earn revenue and continue monetizing your influencer status.

Conclusion

If you are a social media industry influencer or aspire to be one, make sure you work strategically towards monetizing your status in the long term. Keep in mind a variety of scenarios that could play out and don't take the opportunity for granted.


I hope you enjoyed this article about major mistakes to avoid when you are marketing yourself as an influencer on social media.

Interested in more articles about influencer marketing?

Read My Posts:

- Market Bigger & Lower Budgets With Micro-Influencers

- How To Grow Your Online Audience Long Term

Read More Bootstrap Business Below 

Popular posts from this blog

8 Great Jack Welch Motivational Quotes

Words of wisdom from legendary businessman, entrepreneur, motivational public speaker , former CEO of GE, and influential investor Jack Welch: 1)  "Control your own destiny or someone else will." 2)  "If you don't have a competitive advantage, don't compete." 3)  "Willingness to change is a strength, even if it means plunging part of the company into total confusion for a while."  4)  "Face reality as it is, not as it was or how you wish it to be." 5)  "Strong managers who make tough decisions to cut jobs provide the only true job security in today's world. Weak managers are the problem. Weak managers destroy jobs." 6)  "Good business leaders create a vision, articulate the vision, passionately own the vision, and relentlessly drive it to completion." 7)  "An organization's ability to learn, and translate that learning into action rapidly, is the ultimate competitive advantage."  8)  "Change befo...

Leverage Your $10 Digital Media Startup For A Corporate Career

You can leverage your digital media expertise you've learned here at Bootstrap Business to earn a great small business or corporate career in more of a 9-5 capacity. Chances are if you've gone through the my Bootstrap Business tips and tutorials, you aren't really looking to work a 9-5 job. You probably want a major change in the status quo . You can skip to the next section if you need to, but you might want to keep an open mind. The lifestyle of an entrepreneur year after year isn't for everyone. Even if you're a die-hard entrepreneur now or can't wait to drop your current job, your perspective now it can certainly change. Entrepreneurship can cause severe burnout over time and the security of consistent work, health benefits, paid vacation, and a 401k might be major considerations depending on where you are in your personal and financial life. You can always be a "sidepreneur" and enjoy entrepreneurial business ventures during your free time with a...

5 Ways To Protect Your Company Trade Secrets

These days, the kind of theft that many businesses are worried about isn’t armed robbery, shoplifting or even employees stealing office supplies. Instead, it’s the theft of a company’s intellectual property. Perhaps there is no intellectual property more valuable than trade secrets. These are what give a business an edge in a competitive market. Below are five strategies that can be used to keep your trade secrets safe.  1. Accurately Identify Your Trade Secrets  Before you can take action to protect your trade secrets, you must first identify them. For example, if you run an Italian restaurant, your pizza sauce recipe could be a trade secret. However, trade secrets don’t have to be secret formulas. They could also be information you have amassed such as customer lists, supplier information, product profit margins and more.  2. Hire An Intellectual Property Lawyer  S econd, you should learn about the laws that were put in place to protect trade secrets. On the feder...