One of the biggest changes in influencer marketing has been a shift towards authenticity and transparency, writes Prashant Nagar, Founder of DigiWhistle
14 March, 2023
Influencer marketing has evolved greatly over the years and continues to do so. It has grown from a niche marketing strategy to a mainstream tactic that is used by companies of all sizes and across a wide range of industries.
It is primarily due to Influencers' specialised knowledge, authority, or insight into a particular subject. Their pre-existing presence in a niche makes them a good starting point for brands looking for credibility
In this article, we’ll take a closer look at some of the key ways in which influencer marketing is evolving and changing.
Increased Focus on Authenticity and Transparency
One of the biggest changes in influencer marketing has been a shift toward authenticity and transparency. Consumers are becoming more aware and demanding real and honest recommendations from influencers. They want to see influencers who have a genuine connection with their audience and can deliver authentic recommendations. Brands are also looking for influencers who are transparent about sponsored content and are clear about their affiliations. As a result, influencer marketing has become much more closely regulated and influencers are required to disclose sponsored content.
Expansion of Platforms
Influencer marketing has expanded beyond traditional social media platforms such as Instagram and YouTube. Brands now have the ability to reach different target audiences on different platforms, such as LinkedIn and Twitter. Brands are now able to select the platforms that are best suited to their target audience and message.
There has been a shift towards working with micro-influencers over celebrity influencers. Micro-influencers have a smaller but highly engaged following and are often seen as more relatable and trustworthy by their audience. Brands are finding that working with micro-influencers can be more cost-effective than working with celebrity influencers and can also deliver better results. Micro-influencer campaigns are often more targeted, personal, and authentic, making them a great way for brands to connect with consumers.
Use of AI and Automation
Artificial intelligence and automation are being used to streamline the influencer marketing process, from identifying the right influencers to tracking the impact of campaigns. AI and automation tools can help brands to find influencers who have the right demographic and are likely to be interested in their products or services.
They can also help to measure the impact of influencer campaigns and provide data-driven insights into what is working and what isn’t. This allows brands to optimise their influencer marketing strategies and get the best possible results.
Integration with Other Marketing Channels
Influencer marketing is no longer seen as a standalone tactic but is being integrated into other marketing channels such as email, content, and affiliate marketing.
For example, influencer marketing can be used to drive email sign-ups, promote blog content, or drive sales through affiliate marketing. Brands are finding that integrating influencer marketing with other marketing channels can deliver better results and reach a wider audience. Without influencers, no social media marketing strategy is complete. It's safe to say that social media influencers are now an unavoidable component of digital marketing.
Brands of all sizes require a strong social media presence, which is highly achievable with the assistance of influencers. The popularity of social media content has increased the importance of influencer marketing
With the continued growth of social media and the rise of new platforms, influencer marketing is set to become an even more important part of marketing in the years to come.
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