Date of publication:

26 Jan. 24

Influence Marketing: What Is That and How Does It Work

Influencer marketing has become one of the most popular advertising and brand promotion strategies in the modern digital world. This strategy relies on influential individuals on social media who have large audiences and influence their thoughts and preferences.

Features of Influencer Marketing Strategy

Influencer marketing is an advertising and promotional strategy based on collaborating with influential individuals known as influencers. Influencers reach an international audience and wield influence on social media, with their opinions and recommendations often being perceived as authoritative.

Features of influencer marketing:

  • Trust and credibility: One of the main influencing factors in marketing is leveraging trust and recognized authorities who have influence within their own sphere. Influencers establish strong connections with their followers, whose opinions they value and consider. Brands can leverage this trust-based relationship to promote their products or services through influencer endorsements.
  • Target audience: Influencers typically have a clearly defined target audience that aligns with a niche or industry. This allows brands to select influencers whose audience most closely matches their target consumers, making advertising messages more relevant and increasing the likelihood of attracting new customers and improving conversion rates.
  • Creation of unique content: Influencers enable the creation of unique and original content that grabs attention and evokes emotional responses from viewers. This includes photos, videos, texts, and other content formats used to promote a brand or product. Brands can capitalize on this advantage to create engaging and memorable campaigns.
  • Various platforms: Influencers actively use various social platforms such as Instagram, YouTube, TikTok, blogs, and others to achieve their goals. Brands have the option to choose the platform that best suits their mobile and marketing objectives. Each platform has its own features and formats.

Advantages & Real Downsides Of Influencer Marketing

Influencer marketing has several advantages that make it appealing for brand advertising and promotion.

Advantages of influencer marketing:

  • Access to Target Audience. Influencers have their unique audience that corresponds to a specific niche or industry. Collaborating with influencers allows a brand to reach a target audience that has already shown interest in a particular topic or industry. This helps to reduce marketing costs and increase the likelihood of reaching specific potential customers.
  • Trust and Authority. Influencers establish trusting relationships with their audience, and their opinions are valued and respected. When an influencer recommends or talks about a product or service, their subscribers are inclined to take this opinion into account. This can create a positive association with the brand and help build trust with consumers.
  • Increase Brand Awareness. Collaborating with popular influencers can help a brand increase its visibility and awareness among a wide audience. Influencers have dedicated followers who actively engage with their content. When they recommend or mention a brand, it can attract new users and increase awareness of it.
  • Authentic Content Creation. Influencers have the talent to create original and authentic content that captures and retains the audience’s attention. Collaborating with influencers allows a brand to integrate into natural, unforced content, which can be more attractive and effective than traditional advertising.
  • Expansion of Geographic Reach. Influencers may have audiences from different parts of the world. This allows a brand to expand its geographic audience and attract new customers from different regions. Collaboration with international influencers can be particularly beneficial for companies seeking to enter new markets.
  • Measurement of Results and ROI. Influencer marketing provides the ability to track results and measure return on investment (ROI). Brands can use various metrics, such as views, comments, likes, link clicks, and even conversions, to evaluate the effectiveness of their influencer campaigns and make informed decisions for further improvement.
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Real downsides of influence marketing:

  1. Unreliability and Falseness. One of the main issues with influencer marketing is the prevalence of fake followers, likes, and comments. Some influencers may engage in dishonest practices to create the illusion of high popularity and influence. This can lead to unwanted consequences for the brand, as advertising messages may be ineffective and create distrust among the audience.
  2. Audience Mismatch. When selecting influencers, there is a risk that their audience may not align with the brand’s target group. For example, if a business offers products or services for older generations, and the influencer has a young audience, advertising efforts may prove ineffective. Thorough analysis and research are important to find influencers whose audience aligns with the brand’s goals and target audience.
  3. Limited Content Control. Collaborating with influencers means that a business relinquishes some control over content creation and message delivery. Influencers may interpret the brand’s values and mission in their own way, leading to inconsistency or misrepresentation of the brand. Brands must carefully choose partners, establish clear guidelines, and ensure adequate communication to avoid such situations.
  4. Low Audience Engagement. While influencers may have numerous followers, this does not always translate to high audience engagement. Some influencers may have a passive audience that does not actively engage with content or take recommendations into account. Brands should be cautious when choosing influencers and pay attention not only to the number of followers but also to the level of activity and engagement of the audience.
  5. Misalignment of Values and Image. Another issue may arise from the misalignment of an influencer’s values, image, and reputation with the business. If an influencer becomes the subject of negative news, it can reflect poorly on the brand they are collaborating with. Brands should conduct thorough research and analyze public perception of the influencer to avoid potential issues.

Influencer marketing can be a powerful tool for advertising and brand promotion, providing access to an audience, the trust and authority of influencers, authentic content, and the ability to measure results. However, influencer marketing has its limitations and risks. When using this strategy, caution is necessary, careful selection of influencers is required, and adequate control and communication are essential to ensure effective implementation of the brand’s marketing goals. To achieve maximum benefits from this strategy.

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Who Should Use Influence Marketing to Build Brand Communities

Influence marketing for building brand communities can be beneficial for a wide range of companies and industries. However, there are certain types of businesses that can particularly leverage this tool for successful brand community building.

  1. Startups and new brands. For startups and new brands just starting their journey in the market, influencer marketing can be a powerful tool to attract attention and create initial communities around their project. Collaborating with influencers can help establish connections with potential customers faster and create a community of people who share interests and values with your project.
  2. Online stores and e-commerce. For projects involved in online retail, influencer marketing can be especially effective. Influencers can talk about products, share their usage experiences, and create content that inspires and motivates buyers. This helps establish a more personal connection with customers and create a more active and engaged brand community.
  3. Fashion and cosmetic brands. Influencer marketing is widely used in fashion and cosmetic industries, where visual content and recommendations play an important role. Influencers can showcase products, provide reviews, create makeup looks, and inspire their followers to use specific products and brands. This helps establish a deeper connection with customers and create a supportive brand community.
  4. Brands with active social missions. If your business has a strong social mission or values, influencer marketing can help attract support and create an active brand community. Influencers who share your values can be effective advocates and attract people who share your beliefs and are willing to be part of your movement.
  5. Brands targeting youth and millennials. If your target audience consists mainly of youth and millennials, influencer marketing can be particularly effective. The youth actively consume content on social media and turn to influencers for recommendations and inspiration. Collaborating with popular influencers in this group can help create a strong brand community.

However, it’s important to remember that every business has its unique characteristics and goals, so it’s essential to conduct an analysis and determine how influencer marketing aligns with your needs and brand community building strategy.

Conclusion

Influencer marketing is a powerful tool for advertising and building brand communities. It allows brands to reach their target audience, establish trust and authority, increase recognition, create authentic content, expand geographical reach, and measure results and ROI. However, when using influencer marketing, aspects such as target audience, alignment with values and image, authenticity, control and communication, as well as the selection of influencers that align with your goals and strategy, need to be considered. Additionally, it’s important to stay informed about the latest trends and adapt to the evolving landscape of influencer marketing.

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