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Influencer marketing is a marketing strategy in which a brand collaborates with an individual who has a large following on social media to promote a product or service. This strategy has become increasingly popular in recent years, as influencers have a large and engaged audience that can be leveraged to share marketing messages. Let’s dive deeper into influencer marketing importance and how you can leverage it.
What is Influencer Marketing?
Influencer marketing is a strategy that involves a brand collaborating with an influencer to market one of its products or services. The use of influencers is considered effective because they have the ability to influence potential buyers of products or services by promoting or recommending them on their social media accounts.
The goal of this strategy is to increase brand awareness. This is because influencers generally have an emotional bond with their audiences. So they can influence the preferences and behavior of the audience.
Importance of Influencer Marketing
Influencer marketing is becoming one of the strategies that will support the success of digital marketing. This method will be very helpful in building brand awareness and customer trust. That's why this strategy is important to implement.
In addition to supporting businesses in developing brand awareness, there are several other reasons, such as:
- Influencer marketing continues to grow and even reached $13.8 billion in 2021.
- According to data, 90% of respondents believe that influencer marketing is effective marketing.
- 49% of consumers rely on influencer recommendations to make purchase decisions.
Types of Influencer Marketing
In practice, influencer marketing has several types, such as the following:
1. Mega Influencer
Mega influencers have a very large number of followers on social media. This type has more than 1 million followers. Generally, these influencers are professionals as public figures, such as celebrities, artists, athletes, artists, and others.
With millions of followers, it is not surprising that working with them requires high costs.
2. Macro Influencer
Macro influencer is the second type with a follower count ranging from 40,000 to 1 million followers.
Generally, macro influencers are those who have built their reputation through consistent content creation and building engagement with their audience, thus gaining followers and trust from their audience.
Macro influencers offer a more targeted approach than celebrities, as their followers usually have the same interests.
3. Micro Influencer
Micro influencers have a specific niche market. This type has followers ranging from 1,000 to 40,000. Micro-influencers typically have a strong presence on a specific platform, such as Instagram, YouTube, or TikTok.
Many companies are happy to work with micro influencers because they are able to attract audiences with a particular interest in creative content, relevant recommendations, and genuine interactions.
They are also more affordable than larger influencers. However, this does not mean they are not effective.
Studies have shown that micro influencers have a 60% higher engagement rate than macro influencers, and can drive 20% more conversions for brands.
4. Nano Influencer
Nano influencers are the last type which does not have too many followers, but they are experts in a particular field. They generally have less than 1000 followers.
But even though their followers are small, their followers are more interested in listening to them.
Benefits of Influencer Marketing
The practice of influencer marketing has many benefits for businesses. Here are some of the benefits you can feel from using influencer marketing:
1. Increase Brand Awareness
The first benefit of influencer marketing is that it can expand the reach and position of the brand in the market. The practice of influencer marketing helps audiences, especially on social media, to learn more about the brand and products offered.
In addition, this strategy can also grow their awareness and move the emotions of the audience.
2. Reach The Target Audience Easily
The use of influencers as a marketing technique has also proven to be effective in helping you reach the right audience.
This is because before working with them, you will definitely study the characteristics of their content. This step is taken to match the characteristics of the influencer with the audience of your business.
3. Engage With Generation Millennials and Generation Z
Generations Millennials and Z tend to trust recommendations from friends or respected figures more than traditional advertising. Influencer marketing provides an effective way to engage with this generation.
4. Provide Benefits in The Long Term
The use of influencer marketing is included in the long term. This means that the effects you feel are not instant, you need a certain period of time to feel the benefits.
However, this is a long-term investment that is important for building brand trust.
5. Build Brand Credibility
In general, influencers have built relationships, trust, and credibility with their followers. That's why the audience will respect and recommend content from influencers.
By working with influencers, you can get the attention of the audience. This audience's attention can grow trust in the brand.
Influencer Marketing Trends
Since its inception, influencer marketing trends have continued to evolve in line with changes in consumer behavior and technological developments. Therefore, it is very important for businesses to adjust their strategies.
Here are some examples of trends in influencer marketing:
Video Content
This is a very popular type of content in influencer marketing. This type of content is very effective when applied on platforms such as YouTube, TikTok, and Instagram Reels.
Live Streaming
This has become a significant influencer marketing trend. This trend invites influencers to do live streams on platforms such as Instagram, Facebook, or YouTube. This trend is more interactive where influencers can interact directly with followers.
Platform Verification
In addition to using Instagram, many brands are now also involving influencers on several platforms such as TikTok, Clubhouse, podcasts, or other social media.
The presence of this verification helps brands reach different audiences and optimize their presence on various communication channels.
UGC (User Generated Content)
Currently, the influencer marketing trend that utilizes user-generated content is also increasingly being chosen. You can invite followers and customers to share their experiences using products or brands.
Tips for Influencer Marketing
Influencer marketing is a powerful tool that can help businesses reach a large audience, increase brand awareness, and improve sales. However, it is important to do it right in order to be effective. Here are some tips to help you get started:
1. Choose The Right Influencer
The first step is to choose the right influencer for your brand. You want to choose an influencer who has a following that is relevant to your target audience. You also want to choose an influencer who has a good reputation and who creates quality content.
2. Do Your Research
Once you have a few potential influencers in mind, it is important to do your research. Look at their social media statistics, such as the number of followers they have, the engagement rate of their posts, and the type of content they create. You should also consider their values and style to make sure they are a good fit for your brand.
3. Be Consistent
Influencer marketing is not a one-time strategy. You should consider working with influencers on a long-term basis to build a relationship with their audience. This will help you to reach a wider audience and achieve your marketing goals.
4. Use Multiple Platforms
Not all influencers are active on the same platforms. Consider working with influencers who have a presence on multiple platforms so that you can reach a wider audience.
5. Evaluate Your Results
After your campaign is over, it is important to evaluate your results. This will help you to identify what worked well and what could be improved. You can use this information to optimize your influencer marketing campaigns in the future.
Here's what you need to know about influencer marketing. To be effective, influencer marketing requires careful planning and execution. This is where social media marketers or KOL specialists come in.
Now, you can find expert social media marketers to work remotely with Talentport. Talentport is a great place to find these talented professionals. They have a wide range of expertise in digital marketing, so you can find the perfect person to help you reach your goals.
Inquire with us today and start building your influencer marketing team!
