sponsorship Archives - Build Book Buzz https://buildbookbuzz.com/tag/sponsorship/ Do-it-yourself book marketing tips, tools, and tactics Tue, 23 Jul 2024 14:30:39 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.1 Should you pay an influencer to recommend your book? Here’s how to decide https://buildbookbuzz.com/should-you-pay-an-influencer-to-recommend-your-book-heres-how-to-decide/ https://buildbookbuzz.com/should-you-pay-an-influencer-to-recommend-your-book-heres-how-to-decide/#comments Wed, 03 May 2023 12:00:08 +0000 https://buildbookbuzz.com/?p=16459 pay influencer to recommend book My friend Jenny recently asked what I thought about paying to have her new book recommended by influencers in her book’s category, parenting. Jenny had two opportunities to pay an influencer to recommend her book. Each offered a variety of packages at different price points. At the core of each package was a collection of recommended books.]]> Answer these questions before you pay an influencer to recommend your book. Both your budget and reputation might be at stake.
Affiliate Disclosure: This post contains Bookshop.org links, which means if you click on them and make a purchase, I will receive a couple of pennies (at no extra charge to you) while you support independent bookstores. 

My friend Jenny recently asked what I thought about paying to have her new book recommended by influencers in her book’s category, parenting.

Jenny had two opportunities to pay an influencer to recommend her book. Each offered a variety of packages at different price points.

At the core of each package was a collection of recommended books.

Influencers create recommended reading lists

One of the influencers referred to their book recommendation list as a “book club.” Club members aren’t readers, though. They’re authors paying to get their books included on that list.

The other opportunity is a website its two owners refer to as an online magazine. They describe the site’s book collection as “a new platform on the site where we will be curating and showcasing the best books for parents and parents-to-be.”

In both cases, Jenny would pay an influencer to recommend her book. When influencers charge authors a fee to do this, it’s influencer marketing.

What is influencer marketing?

You have probably seen influencer marketing in action on Instagram, TikTok, and other social networks. An individual with a large following mentions a product by name. The product might be apparel, cookware, or a recipe ingredient, for example.

SproutSocial defines influencer marketing as “a type of social media marketing that uses endorsements and product mentions from influencers – individuals who have a dedicated social following and are viewed as experts within their niche.”

The FTC requires that influencers receiving anything of value to mention a product disclose that information when referencing the brand in a post, story, and so on. “Anything of value” includes products (“We’ll give you this jewelry to wear if you’ll photograph yourself wearing it and post the images”) and money.

This applies to you, me, and Kim Kardashian. That’s the Kim Kardashian who had to pay investors $1.26 million when she didn’t disclose that she was paid to promote a specific crypto security on Instagram.

The law requires transparency

Why is disclosure required? It’s about transparency.

If I’m recommending a product to you, you need to know that I’m being paid to recommend it. That information could influence how seriously you take my recommendation, right?

These rules apply to affiliate marketing, too. The FTC not only mandates disclosure, it requires that affiliates must state that it’s an affiliate link before the link, not after it.

This means that influencers charging authors a fee to recommend their books must disclose that paid relationship. This applies to any:

  • Collection (club, list, whatever) of recommended books
  • Newsletter mention
  • Online magazine article the author writes and pays for so they can include their book title in the writer bio

Neither of the influencers Jenny heard from include these disclosures in their sponsored content.

Both say they’re selective about what they recommend – they wouldn’t recommend just any book, for example – but is that enough?

Influencers charging authors a fee to recommend their books must disclose that paid relationship.Click to tweet

How important is transparency for you?

I’m a big fan of transparency. That means I wouldn’t pay an influencer to recommend my book without disclosure.

It’s about more than playing by the rules (and avoiding fines). I wouldn’t pay even if there were no FTC rules.

For me, it comes down to your connection with your reader.

How would you feel if you paid Influencer A to be on their recommended books list, then received a message from a reader expressing disappointment when they learned you paid for, rather than earned, your way onto that list?

Or, would you feel OK about doing the humble brag on social media about what an honor it is to be selected for that influencer’s “best books” list?

via GIPHY

Ask yourself: How might my readers react if they learn I paid an influencer to recommend my book?

There’s no right or wrong answer to that question. It’s about what works for you.

Questions to ask when considering influencer opportunities

My response to Jenny about the opportunity for her popular new parenting book, “Building Boys: Raising Great Guys in a World that Misunderstands Males,” went beyond my discomfort with the lack of transparency, though.

(Jenny knew the offers “felt icky,” but hadn’t realized that it was because the influencers weren’t revealing they were paid until I mentioned that to her.)

The promotional materials used to pitch Jenny on a pay-for-placement package were heavy on what she was paying for, but light on why that was a good idea.

With that in mind, ask these six questions when weighing whether you want to pay an influencer to recommend your book. It will help you make an informed decision.

(The influencers didn’t include any of this in their pitches to Jenny.)

  • What’s the website’s traffic?

You want to make sure people will see what you’re paying for online. Because what’s considered “good traffic” varies according to niche, I can’t offer guidelines. Ask the influencer to compare their traffic to the most popular sites.

  • How are they promoting this to readers?

One of the influencers Jenny was talking to uses her Instagram account to promote her book club to authors, not readers. That’s going to help the influencer earn money, but it’s not going to help Jenny reach readers.

I wouldn’t pay for an opportunity the influencer wasn’t actively promoting to readers.

  • How many newsletter subscribers does the influencer or site have, and what’s the newsletter open rate?

This question is specifically for opportunities to have your book recommended in a newsletter, but it can apply to other situations as well. It gives you a sense of platform and reach.

Typically, the fee is linked to the number of subscribers. PracticalEcommerce notes that a parenting tips newsletter might charge $15 to $25 per thousand subscribers. This is a higher rate than general interest newsletters because the audience is more targeted. That makes it more valuable to advertisers.

(And no matter what they call it, when you’re paying to have your book recommended in a newsletter, even when the recommendation doesn’t look like an ad, it’s an ad.)

MailChimp reports that the average email open rate across all industries is 21%.

  • Do they accept all books, or do they screen for quality?

This is important because presenting your book alongside low-quality options won’t help your brand. And it could hurt it.

  • How do they meet FTC requirements for disclosing payment?

You can answer this question by reviewing examples provided. (No examples provided? Ask for them.) If transparency isn’t important to you, or the opportunity is so good that you don’t care about disclosures, skip this step.

  • What are authors saying about the program?

You want to see testimonials. If the program is so new that there aren’t any, the influencer should be charging a reduced rate until there’s traction – and should say so.

Other factors to consider before you pay

In addition to answering these questions, take into account how long your book has been available. With a pub date of April 4, 2023, “Building Boys: Raising Great Guys in a World that Misunderstands Males” is so new that Jenny and her publisher don’t need to pay these types of placements now.

Also consider how well it’s selling. Jenny’s book is doing great. It doesn’t need an advertising boost yet.

Once Jenny and her publisher have completed launch plan activities in coming weeks and months, they should solicit reader reviews. They will need them in place on sales pages before doing any type of paid promotion because reviews are the social proof readers need to see before buying.

(If you’re struggling to get reader reviews, use my Reader Book Review Forms — there’s one for fiction, another for nonfiction. They make it easy for your fans to write a meaningful review in just minutes.)

An alternative influencer approach

pay an influencer for book recommendation
Recommended parenting books lists

It’s important to understand that many influencers use a different approach to these “best of” product lists and newsletter recommendations.

Instead of charging authors and publishers to screen (or not screen) and then recommend (or not recommend) a book, they use a more authentic approach.

These influencers earn money from their recommendations by using an Amazon Associates or Bookshop.org affiliate link that gives them a small commission on each book sold through the link. They make less money with this approach, but they retain their followers’ trust.

What’s right for you and your book?

Nobody can answer that question for you, but asking the right questions will help you make informed decisions about the opportunities available to you.

How do you decide where and when to spend your marketing dollars? Please tell us in a comment.

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How to get a book sponsor https://buildbookbuzz.com/how-to-get-a-book-sponsor/ https://buildbookbuzz.com/how-to-get-a-book-sponsor/#comments Wed, 31 Mar 2021 12:00:28 +0000 https://buildbookbuzz.com/?p=14153 book sponsor guest bloggerCharmaine Hammond has been in the speaking industry for more than 20 years, is a five-time best-selling author, and is a frequent podcast guest. A co-owner of training firm Raise a Dream, Charmaine also teaches the online course Your Book as a Business. Learn more about her seven-step sponsorship model at RaiseADream.com.

How to get a book sponsor

By Charmaine Hammond

Did you know that there are book marketing opportunities available that can not only help you spread your message and sell more books, but also increase your impact and income? You can sell more books and sell them in bulk, too, when you approach turn your book into a business. When you commit to the "my book is a business" concept, you can not only maximize your investment, but you can also increase book sales and set yourself up for sponsorship.]]>
Curious about what it means to have a book sponsor and how to get one? Guest blogger Charmaine Hammond walks you through it.
Charmaine Hammond headshot

Charmaine Hammond has been in the speaking industry for more than 20 years, is a five-time best-selling author, and is a frequent podcast guest. A co-owner of training firm Raise a Dream, Charmaine also teaches the online course Your Book as a Business. Learn more about her seven-step sponsorship model at RaiseADream.com.

How to get a book sponsor

By Charmaine Hammond

Did you know that there are book marketing opportunities available that can not only help you spread your message and sell more books, but also increase your impact and income?

Sell books in bulk

Creating a book business lets you go from selling books one at a time to selling 10 or 100 books with one purchase.

For example, at book signings, sell sets of two where the purchaser keeps one and donates the other to a charity. For greater impact, secure sponsors that will purchase bulk copies so you or they can then donate them to organizations and charities you both support.

So what is a book sponsorship and how does it work?

Sponsorship and collaboration for authors

Sponsorships can take different forms, but can include:

  • Paying for your in-person or virtual book tour
  • Purchasing your books in bulk to give to their customers or distribute at events (once we begin meeting in person again), or to donate to charitable organizations
  • Funding a book launch or event

I have applied collaboration skills to secure sponsors, champions, and funding for things like:

  • A 32-foot motorhome for my six-week North American book tour
  • Clothing, accessories, and makeup
  • Printing of marketing materials such as bookmarks, handouts, one-sheets, banners, postcards, and more
  • Hairstyling, massages, and health products
  • Media and marketing

I have also had sponsors buy thousands of copies of my books to give away to schools, organizations, and at events.

Now that you know what could be possible, you are likely wondering how you can do this, too.

7 steps to finding a sponsor

My company uses a seven-step model for researching, building relationships, and securing sponsorships.

It is important to remember that sponsorship is a marketing relationship. When a sponsor supports an author project (e.g. a launch, bulk-buy of books, or a book tour event) with cash or in-kind products/services, the sponsor is looking to achieve some kind of value.

What is that value? What is the sponsor looking to get out of this?

That’s a great question for the sponsor.

It’s why researching the organization, building an authentic relationship, and having conversations to learn about its objectives and needs will help you move through this process with more ease and success.

Before you talk to a sponsor

Here are some helpful tips to use as you think about how sponsorship can support your book business.

  • Identify and list the businesses and brands you would like to collaborate with. Always start closest to home with people or companies you have a relationship with.
  • Research the businesses and brands on your list (even if it’s your hair stylist that you have been going to for years). Learn what matters to those businesses. Study their websites, press releases, social media posts, and videos to learn more about their target audience, the types of projects they support, and what matters to them.
  • Identify what you bring to the collaboration table. Think about how you could support a sponsor. How can you help a business connect with its ideal audience? How would you call attention to a sponsorship?

When you are ready to contact potential sponsors (and again, I suggest starting first with businesses you know and have a relationship with), make sure you create a list of questions that will help you learn about the company. Identify where there are synergies and common ground.

Potential questions to ask a sponsor

The best questions to ask a potential sponsor will start with who, what, when, where, why, and how. This approach encourages the sponsor to give a detailed answer versus a “yes” or “no.”

“The best questions to ask a potential [book] sponsor will start with who, what, when, where, why, and how.” ~ Charmaine HammondClick to tweet

Questions might include:

  • Tell me more about your company (history, values, brand promise, mission, etc).
  • Who is your target audience? How do you connect with them? What other audiences are you looking to be in front of?
  • What are some of your marketing objectives?
  • What are your marketing plans over the coming year or two?
  • What types of projects appeal to you?
  • What are your objectives with collaborations and sponsorships?

When you are curious and look to build a relationship, you will be much further ahead in your search for collaboration partners and sponsors. 

What company might sponsor your book? Please tell us about it in a comment.

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