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What is influencer marketing? | McKinsey

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Share this post. Sales Support. Influencer marketing is a big deal, and as a marketer, you can no longer ignore it as a tactic if you are not already using it. If you are looking to work with celebrity influencers, you almost certainly need to approach them through an agent. This trust is further reinforced by how they respond to comments, making their audiences feel valued and heard, aline farias leaks (http://sandokkaebi.co.kr/sandokkaebi/bbs/board.php?bo_table=free&wr_id=1558862) thus strengthening the bond.



When it comes to reaching out to discuss working with influencers, it all comes down to how you position your brand and campaign. They are essential for brands that need to keep on top of digital marketing trends but lack the scope or budget to continuously rework their own tactics, due to their ability to successfully navigate these changes. Table of Contents. A good social media campaign brief equips influencers with the details and resources they need to represent your brand effectively, without being overly restrictive. Posts by influencers remain online indefinitely, unlike billboards, making influencer advertising significantly more profitable. Influencer marketing harnesses the power of social media stars to build genuine connections between brands and their consumers, breaking through the noise by collaborating with trusted creators. Instead, partner with influencers with an engaged and loyal audience.



Vlado Pavlik Dec 09, For example, celebrities and macro influencers often work through agencies, so you might have to connect with an agency to reach them. Determine whether you want to reach a new demographic, introduce a new product or highlight your brand values through influencers. Because their recommendations are viewed as more relatable and reliable, micro-influencers those with less than 10, followers often have highly engaged communities. If you need help creating an influencer marketing strategy, we've got you covered there, too. They also share exclusive discount codes or special offers making it easy to track conversions directly linked to their promotion.



Influencer Marketing: What Is It and How to Build a Solid Strategy



For more information, check out our privacy policy. Flori Needle. Updated: October 07, Published: October 21, Don't forget to share this post! Thank you! But even if we look at interest on Google Trends, we can clearly see that this continues to rise:.


In fact, comparing the growth in interest for influencer marketing with content marketing really shows just what a big deal the tactic is:. But just why should you be using it as part of your marketing strategy?


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:. If you invest in a collaboration with one or more influencers, what do you want to get out of it?


Different goals work for different brands, but by defining yours at the start of a campaign, you can build everything else around it. Influencer marketing is only effective when your business is being promoted to the right audience. Get your target audience right, and you will be set to benefit massively from a collaboration.


Get this wrong, and it can not only be a waste of time and investment but could also be embarrassing. Influencer marketing is not about reaching a big audience and simply hoping that some of those who see it are interested, far from it. The pure nature of the tactic and the tools available mean that you are able to market to very specific niche audiences, but you need to know who this is. Instead, focus on segments of those who will be highly engaged.


Keeping goals in mind, identify who it is that you want to target, understanding specific demographics. This can differ significantly depending upon the goals and purpose of collaborations. Campaign messaging should closely align with goals, but until you have a scope for your campaign, you will struggle to map out a successful strategy.


Focus your efforts on putting together a campaign brief that clearly communicates both your goals and what it is that you want an influencer to collaborate with you on; the clearer this is, the more effective you will be in landing those highly valuable collaborations. The days of collaborations happening solely around gifted products are largely over.


To work with those highly engaged influences, you need a budget as well as products or services to gift. When setting an overall budget, you need to keep in mind the split between compensating influencers and covering the cost of products or services. Without one, you will struggle to scope out a plan for approaching these. At this stage, you will probably want to understand roughly what it costs, on average, to work with influencers across each platform.


And thanks to stats from WebFX , we can reveal these to be:. Depending on your campaign goals, you need to decide whether you are going to work with celebrity macro influencers as part of your campaign or whether you are going to work solely with engaged micro-influencers. Both have their place in different strategies, and there is no right or wrong approach. However, when it comes to finding influencers to collaborate with, the path is very different between macro and micro-influencers.


If you are looking to work with celebrity influencers, you almost certainly need to approach them through an agent. It is very rare that they will be handling their own collaborations. Most reading this article will be looking to work with micro-influencers , and the good news is that you can often effectively scope these out and approach them yourself. You can start by analyzing hashtags and determining who your competitors are working with, but the most effective way to find the right people to work with is by using a dedicated tool that has been created to help you do just that.


With Influencer Analytics specifically, you can search for influencers by channel or keyword. Influencers create engaging and dynamic content that draws in and keeps viewers interested. For brands trying to stay relevant, influencers are vital. They are essential for brands that need to keep on top of digital marketing trends but lack the scope or budget to continuously rework their own tactics, due to their ability to successfully navigate these changes.


Influencers provide more external connections and relevant material; when they mention a business or link to its website, search engine rankings can improve as a result. Additionally, the social signals generated by influencer activities are considered by search engines when ranking websites.


This increased visibility can lead to more organic traffic, an essential element of sustainable online marketing. Influencer marketing offers a more human way of interacting with customers than traditional advertising. The strategic integration of influencer marketing can increase brand exposure, improve engagement, and boost overall marketing effectiveness as digital platforms continue to act as the dominant consumer landscape.


A decade ago, the influencer marketing arena was limited only to celebrities and a few dedicated bloggers, whereas now, social media influencers are abound across all social networks. Their followings may vary in size, but these influencers pack a punch. Their tight-knit communities foster authentic connections and influence purchase behaviors, leading to higher brand engagement and ultimately, sales.


However, working with digital creators and influencers needs a well-planned and strategic approach. And this guide aims to help you navigate it. Read on for tips on how to build an effective influencer marketing strategy, what mistakes to avoid and how to find the right influencers for your brand.


Download the Influencer Marketing Benchmarks Report. Influencer marketing is a social media marketing approach that uses endorsements and product mentions from influencers. These individuals have a dedicated social following and are viewed as experts within their niche. Influencer marketing works because of the high trust social influencers have built with their following over time. Partnering with an influencer with millions of followers might sound like a dream come true but they may not be the best fit for your brand.


Some social media influencers have large, broad audiences spanning across several demographics. Others boast smaller but more targeted and engaged communities. Knowing what each type of influencer can offer you in terms of reach, range, cost and engagement is key to choosing the right ones for your brand. These influencers have a massive following of over 1 million and often include famous actors, musicians, athletes and other public figures. Their celebrity status allows them to captivate a diverse audience, making them ideal for large-scale brand awareness campaigns.


Think: Cristiano Ronaldo. Mega influencers can give your brand unparalleled exposure, but partnering with them can be incredibly expensive. Plus, since their audience is often broad, their engagement rates may not be as high as influencers with smaller, more niche followings. With a following that typically ranges from , to 1 million, macro-influencers are established personalities within their respective niches.


These influencers have earned their reputation through consistent content creation and engagement over time, and are now thought leaders in their niche.


Macro-influencers offer a more targeted approach compared to celebrities, as their followers usually share common interests. Collaborating with macro-influencers can provide your brand with substantial reach, but it may still be relatively costly depending on your budget. With 10, to , highly engaged followers, micro-influencers are the rising stars of influencer marketing. These influencers typically have a strong presence on specific platforms, like Instagram, YouTube and TikTok.


Of course, there are obvious benefits to working with macro influencers: with their mass followings, they can help brands reach hundreds of thousands or even millions of people. In a survey of more than 2, global brands, about 80 percent reported using Instagram for influencer marketing. TikTok is gaining steam: in the same study, conducted in , 56 percent of participating brands reported using that platform for influencer marketing campaigns.


Maybe your brand already has in mind a specific influencer with an impressive number of YouTube subscribers. Also, research conducted by the influencer marketing platform Upfluence shows that certain platforms might attract specific influencers, depending on how many followers the influencer has. Micro and medium influencers tend to prefer Instagram, for example, while macro and mega influencers migrate toward TikTok. Authenticity is the basis of any successful influencer marketing campaign.


Influencers might be popular for their content on sustainability, cooking, body positivity, healthy lifestyle, and so on. Influencer marketing should be about more than scoring posts endorsing your products; it should be about building real relationships with creators—you want them truly behind your brand. For example, Alessandra Sales—the vice president of growth at Ipsy—told McKinsey that her experiences working with transgender creators helped her redefining-beauty brand connect with the transgender community.


Although many of us are traveling again, going out more, and maybe even venturing into the office, things probably will never be quite the same. The pandemic has changed the way we view public health, food , shopping, and much besides. More people are shopping digitally now. In one study, conducted in May , Visa data showed that 13 million people in Latin America made their first-ever e-commerce transaction during the pandemic, when consumers wanted contactless forms of shopping.

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