Should I use influencer marketing

ROI insights

For Australian SMEs looking to boost lead generation, influencer marketing is definitely on the table – but it’s not a guaranteed win. We’ve seen it deliver fantastic results for some clients, and disappointing ones for others. The key is understanding if it aligns with your specific business goals and target audience. It’s moved beyond simply paying for posts; effective influencer marketing in today’s market is about building genuine connections and driving measurable action.

Here’s what we’re seeing work well for lead generation right now:

  • Focus on Micro & Nano-Influencers: Forget chasing celebrities. These smaller influencers (typically under 10,000 followers) often have highly engaged, niche audiences. Their recommendations feel more authentic, and they’re significantly more affordable. This means a greater return on investment for lead capture.
  • Lead Magnets are Essential: Don’t just ask influencers to promote your product. Provide them with a compelling lead magnet – a free ebook, webinar, discount code, or trial – that encourages their audience to share their contact details. This is how you turn awareness into qualified leads.
  • Trackable Links & UTM Parameters: This is non-negotiable. Every link an influencer shares needs to be trackable using UTM parameters. This allows you to accurately measure how many leads are directly attributable to each influencer’s efforts. Without this, you’re flying blind.
  • Content Collaboration, Not Just Promotion: The most successful campaigns involve influencers in the content creation process. Let them put their spin on your message, ensuring it resonates with their audience. This feels less like an ad and more like a genuine recommendation.

We’re also noticing a shift towards longer-term influencer partnerships. One-off posts can generate a short-term spike, but consistent collaboration builds trust and delivers a more sustainable stream of leads. Consider ongoing relationships with a select group of influencers who genuinely believe in your brand. Looking ahead, we anticipate platforms will continue to refine their analytics, making lead attribution even more precise in 2026 and beyond.

Ultimately, influencer marketing can be a powerful lead generation tool, but it requires careful planning and execution. Your next step should be to identify potential influencers within your niche and analyse their audience demographics and engagement rates. Then, develop a clear campaign strategy with measurable goals and a compelling lead magnet.

The bottom line

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