One of the most remarkable things about the times we live in is how marketing has changed, especially over the last few years, with the growing use of social media.
This growth has given way to one of the most successful digital marketing techniques to make a brand known to the world. We are talking about influencer marketing.
You have likely already heard about social media marketing and influencers but are wondering how they can benefit you, your product, and your brand.
Because the subject is quite extensive, we will focus on what influencer marketing strategy is and how to make it work for you in this article.
What Is Influencer Marketing?
In lay terms, influencer marketing is when an online influencer collaborates or teams up with a particular brand to promote a product or service or increase the brand’s recognition.
An excellent influencer marketing example is what many beauty brands and makeup companies do consistently collaborating with content creators who do product reviews and showcase beauty techniques to encourage their followers to try the product on themselves, driving an increase in sales and brand awareness.
An influencer marketing strategy can have a widespread impact thanks to social media and other online outlets.
It can be easy to think that you need a celebrity influencer to make TikTok videos instead of appearing in a TV commercial. Nothing is further from the truth.
Nowadays, just about anybody can be an influencer, especially on platforms like Instagram and TikTok.
The secret to influencer marketing is the number of followers who believe the influencer is an expert in their field. This expertise can be in almost any industry, from home cooking to high-tech cybersecurity.
Another vital aspect of influencer marketing is that influencers don’t have to be celebrities with millions of followers. The reality is that only a few thousand followers can create the desired effect.
An influencer’s followers can share their videos on social media, creating a ripple effect that directly impacts a brand’s recognition and boosts sales.
How Effective Is Influencer Marketing?
As more and more people start depending on social media and online reviews to help them make decisions about products or services, influencer marketing has become one of the most effective ways to increase a brand’s visibility and recognition.
Some reports show that nearly 90% of marketers find their ROI comparable or better with influencer marketing than other channels, and 60% of marketers agree that an influencer marketing campaign has a higher ROI than traditional advertising.
Common Misconceptions
While it is easy to think of influencer marketing as finding anybody with a few thousand followers and offering them some money to promote a product or service, this is the complete opposite of what the concept is.
Most influencers have invested a lot of time to create a sizable group of followers and build their reputations. Influencers know their followers trust their opinions, so they work hard to protect their brand, refusing to sell just any product to their audience.
Influencer marketing is about building confidence in your brand. This confidence is boosted by someone others trust, which takes time and patience, qualities that every successful influencer will have.
An effective influencer marketing campaign requires followers who are engaged and loyal to a specific brand, just as they are to the influencer’s brand, so when you start thinking about influencer marketing, you should approach the right person for the job, regardless of their number of followers.
Finding a potential influencer who trusts your brand is best, although this is not always possible. You must build that relationship, which takes time.
How Influencer Marketing Can Benefit Your Brand
The days of generic celebrity endorsement are long gone. Today, audiences know that the influencer has actually used the product because they have watched their videos.
Influencer marketing is about trust and works similarly to word-of-mouth recommendations but on a much larger scale.
Think about it in simple terms: Before the boom of online marketing, when you needed a recommendation for a product or service, you would talk to your friends or family, people you trust, and use their opinion to make your own purchasing decision.
Audiences see influencers as trustworthy sources of information, so if they are using a product, they will likely do so too. A relevant influencer’s authority on the subject will increase your brand’s credibility, boosting your sales, social proof, and presence in the industry.
Lastly, influencer marketing can translate to increased sales and works much better for raising brand awareness than any other form of advertising or branded content among social media users.
Marketing emails might end up in the spam folder or go unopened, but those who follow a social media influencer online will continue to engage with your brand as long as the influencer marketer continues to produce content marketing they can relate to.
As their followers continue to share influencer content, more and more people will become interested in what you have to offer, increasing engagement and creating an even larger target audience with each video shared.
Choosing a brand ambassador or content creator for your influencer campaign will help you reach people you wouldn’t have had access to in more traditional marketing efforts. Influencer marketing is one of the most successful marketing techniques today.
