Why use influencer marketing?
Influencers have a large and engaged following, which can help you reach a wider audience than traditional marketing methods. This is especially beneficial if you are targeting a specific niche market. People are more likely to trust recommendations from people they know and respect than from brands themselves. By partnering with influencers, you can build trust and credibility with potential customers. This includes:
How to track influencer marketing campaigns
Create a successful influencer marketing strategy for your brand
Influencers are here to stay, but how the world of influencer marketing looks and operates has changed a great deal in a short time, and in five years may be drastically different from today. This guide will help you get started with building your strategy, but like any social strategy, it’s important to be ready for change.
Still, while there are some unique considerations to working with influencers, setting up a campaign is the same as most marketing campaigns: research, set a budget, determine goals, find your influencers and review and revise.
Influencer marketing is a big deal
From Instagram and YouTube and other platforms, brands are collaborating with popular individuals to reach their network of followers and promote their products and services. As the popularity of social media has rapidly risen, so has the investment and interest in influencer marketing.
Influencer marketing is the collaboration between businesses and individuals who have large and engaged followings online.
Why You Should Be Investing in Influencer Marketing
When a business invests in a new marketing channel, there needs to be a clear return on investment, and here are some of the main reasons why it should be a tactic you are using:
The rise of micro-influencers
Micro-influencers have between 10,000 and 50,000 followers and are often seen as more authentic and trustworthy than macro-influencers with millions of followers. This is because they have a closer relationship with their followers and are able to build a stronger sense of community.
How do you find the right influencers?
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The proof is in the numbers
Why Influencer marketing can bring in the numbers
of people are more likely to buy if it’s recommended by influencers they trust
of brand’s leads from influencer marketing are better quality than other campaign types
Well-planned influencer marketing campaigns are not only cost-effective but help you grow your credibility, reach a niche audience and increase sales.
FAQs about Influencer Marketing
Looking to learn more about Influencer markting for your business? Browse our FAQs:
Influencer marketing is a type of social media marketing strategy that sees brands collaborate with influencers. We can define influencers as trusted content creators with the power to affect how their audience makes purchasing decisions. They also have a significant, well-engaged following in their niche.
50% of Millennials trust product recommendations from influencers. This drops to 38% for product recommendations from celebrities. 8. 92% of marketers believe that influencer marketing is an effective form of marketing.
You also need someone who is authentic, passionate, trustworthy, relatable, and responsive. Plus, they need to be an expert at creating content that is going to resonate with your target market.
In the future, influencer marketing will become even more data driven. Companies will increasingly rely on advanced analytics and technology to measure the effectiveness of their influencer campaigns.