2. WHAT IS INFLUENCER MARKETING?
It is a marketing strategy that uses opinion leaders,
popular on social media, to drive marketing
message to a targeted audience.
3. PROS OF USING INFLUENCER MARKETING
Easy to set up.
Builds trust and credibility
Reaches relevant audiences
Inexpensive
Grows sales
4. CONS OF USING INFLUENCER MARKETING
Choosing the wrong influencers
Losing control over your brand or image
Difficult to measure results
5. TYPES OF INFLUENCERS
There are 4 types
Micro Influencers: 5,000-100,000 followers
Mid-tier Influencers: 100,000-500,000 followers
Macro Influencers: 500,000-1million followers
Mega Influencers: 1 million +
6. WHO DO INFLUENCERS AFFECT
Through the power of influence, influencers can
reach and impact the decisions of consumers of all
ages.
Influencer marketing is the most effective way to
reach the Millennials and Gen Z audience.
70% of teen YouTube subscribers say they trust
influencer opinions over traditional celebrities
7. HOW TO DETERMINE THE VALUE OF THE
INFLUENCER USING THE 4RS
Relevance:
Encompasses both the focal influencer and his/her followers or target audience and how they
link with the brand or message.
Reach:
Refers to the percentage of a target population exposed to a specific marketing
communication at least once.
Response:
Once followers engage with the message, they need to respond in a beneficial way.
Return:
Firms must consider the objective of the message and the market it is attempting to reach in
addition to its projected ROI.
8. ETHICAL CONSIDERATIONS
Fraudulent Influence= Boosting your followers with no actual consumers
behind those follows so you can charge higher rates for your posts.
Disclosing Advertising Intent= Posting that they are being paid to
promote the product in the post. Not letting followers know you are
being paid is deceitful and confusing to the consumer.
Sincerity= Actually believing in the product you are promoting. It is
important for influencers to appreciate the products in their posts.
9. DIFFERENT PLACES TO FIND
INFLUENCERS ON SOCIAL MEDIA
Blogs
Twitter
Instagram
YouTube
Facebook
10. INFLUENCE MARKETING IS A GREAT WAY
TO PROMOTE PRODUCTS
With the right influencer you can reach many consumers
It is a great way to create a brand people will trust
Influencer marketing continues to grow everyday