These smaller-scale influencers are called 'micro' or 'nano' influencers, and they can be highly valuable to your businesses, despite their relative audience size. If a local nano-influencer, for example, only has 1,000 followers, but all of them are local business owners, that can have a significantly larger impact on your promotion than a broader reaching campaign.

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There are many variations of this, and it's worth taking a deeper look into your audience analytics to ensure that you're utilizing the right approach to influencer marketing - which may not be driven by audience size.

To provide some more context on this, the team from Planoly recently put together this infographic on nano-influencers and the potential benefits of this form of outreach. 

Nano influencers infographic