Influencer Marketing is one of the biggest marketing trends for the past five years. If you spend much time browsing Instagram or YouTube, no doubt you will have come across an internet celebrity with a sponsored post or product placement promoting some random brand. So how does it all work?
Social media influencers are individuals who create content promoting certain brands through social media sites like Instagram, YouTube, Twitter, and Facebook. This is a marketing strategy used by brands who hire these influencers to increase their interactions with their target customers online, increasing their brand awareness and recognition, increasing sales.
“Influence can be broadly defined as the power to affect a person, thing or course of events. Influence manifests itself in many ways, from direct purchase advice to subtle shifts in perception of a vendor’s credibility.” (Brown & Hayes, 2008)
Influencers have built a reputation online for their knowledge and expertise on a topic or lifestyle or because of their status. This reputation gives them social influence in their specific niche or area of expertise/fame, their followers taking note of their actions and opinions.
Unlike celebrities of the past who often lead very private lives, influencers give followers access to a snapshot of their personal lives. This glimpse into the good life creates a bond and helps influencers to win the trust of their target audience.
These social relationships become assets for influencers to collaborate with brands to help them reach their marketing goals, as they have the power to affect the purchase decisions of others through their authority and trust of their following. This provides credibility for brands with a shared target audience.
This presentation was given by Monica Karam, Partner and Social Business Strategist at social4ce Beirut during the DGTL#U Conference on September 20th 2012.
Influencer Marketing for the Travel Industry in 2017gShift
Influencer marketing has changed so much in recent years, especially when it comes to the travel industry. In this session, we will look at current trends for travel bloggers and organizations within the space. We will look at how social media continues to play a big role and also how to identify the right influencers for your brand.
How to use social media platforms such as Facebook, Twitter, Pinterest, Google+, Instagram. LinkedIn and more to drive more views to your patient reviews. This talk was given to current clients of Real Patient Ratings in early 2014.
This presentation was given by Monica Karam, Partner and Social Business Strategist at social4ce Beirut during the DGTL#U Conference on September 20th 2012.
Influencer Marketing for the Travel Industry in 2017gShift
Influencer marketing has changed so much in recent years, especially when it comes to the travel industry. In this session, we will look at current trends for travel bloggers and organizations within the space. We will look at how social media continues to play a big role and also how to identify the right influencers for your brand.
How to use social media platforms such as Facebook, Twitter, Pinterest, Google+, Instagram. LinkedIn and more to drive more views to your patient reviews. This talk was given to current clients of Real Patient Ratings in early 2014.
Red Lobster's Chris Kernstock and &Barr's Whitney Gonzalez discuss how brands can effective use micro-influencers (those influencers with a smaller but loyal audience) to amplify their messaging. To see all of our speakers for 2018, go to FloridaBlogCon.com.
The term "micro-influencer" is not a totally accurate one, as the influence they have on consumers is anything but small.
In this webinar, we look at the rise of the micro-influencer in today's world of hyper-stimulation and information saturation, to see how they've cleaved out a niche for themselves, and how they can help your brand.
View this presentation to:
1) hear how fast and far micro-influencers have come
2) see them in action, and grasp just how much influence they really have
3) understand how micro-influencers operate and why they're so darn effective
4) learn exactly how to approach micro-influencers and get them working for you
Why Before How: Developing Successful Social Media Strategy and Synergistic I...DJ Waldow
The extremely high interest in social media is well-placed. Used correctly, social media can transform the relationship between brands and their customers. But, the social media gold rush has ushered in a largely tools-focused mentality, that dictates you "must get on Twitter immediately" (among other nonsense).
Social media is a long putt, not a tap-in, and crafting a reasonable, sustainable, measurable strategic plan is critical to maintaining sanity and success.
Perhaps more than any other component of communications, social media cannot stand alone. It is inherently impacted by all other marketing tactics. Thus, integrating your social media efforts closely with your email, search marketing, public relations, advertising, and other programs is essential.
In this timely, invigorating, 1/2 day workshop, participants learned precisely how to create social media strategic plans in 7 steps, how best to measure social media success, and how to create cross-marketing synergies between social media and other channels.
Led by Jay Baer, one of the country's foremost social media writers and trainers (and author of the Convince & Convert blog on social media strategy), this workshop featured real-life B2B and B2C case studies presented by social media and email experts from Blue Sky Factory, and from award-winning digital agency Mighty Interactive.
Jay Baer, Founder, Convince & Convert
DJ Waldow, Director of Community, Blue Sky Factory
Mike Corak, Director of Interactive Services, Mighty Interactive
Return on Relationship in Social Media - IDEÁRIO HubAlfredo CUANDA
Creating engagement in social media requires new approaches for businesses, brands and customers.
ROR - Return on Relationship is the new ROI - Return on Investment.
How to successfully engage in social media platforms?
Influence marketing: dynamics of influencer-brand engagement Browne & Mohan
Influencer marketing is emerging as a strategic approach to inform and influence online consumers. In this paper, Browne & Mohan consultants share the life-stages evolution of influencer and brand engagement. Right from identification to nurturing and reinforcing their relationships, brands need to invest time and efforts to realize the returns from influencer marketing
What’s the difference between Macro vs Micro Influencers?Partnercademy
This guides explains the difference between macro and micro influencers.
To become a Partnerships certified expert, go to our highly acclaimed Udemy course here:
https://www.udemy.com/course/the-influencer-marketing-course-for-marketing-managers/?referralCode=19FC1D4798718EF94F55
Or sign up for our highly acclaimed Partnercademy Masterclass course...
https://partnercademy.thinkific.com/
Social Media Marketing and Influencer Marketing
are a few buzzwords that have taken the marketing
world by storm in recent years. It has increasingly
become one of the most popular trends in marketing.
In fact, influencer marketing is already worth as
much as $8 billion, and is steadily on track to gain an
additional $7 billion by 2022, making it a $15 billion
industry according to a study by Business Insider.
As more companies begin to understand and see the
potential for success with influencer marketing, we
are seeing a shift away from traditional marketing
strategies such as radio, print, and T.V. ads. Eighty
percent of companies that have already implemented
an influencer marketing program say it performs
as good as - if not better than - other marketing channels (Media Kix).
Ready to dive more into the world of influencer
marketing? This guide teaches the basics of influencer
marketing and will help you establish a social media
influencer marketing program of your own.
Red Lobster's Chris Kernstock and &Barr's Whitney Gonzalez discuss how brands can effective use micro-influencers (those influencers with a smaller but loyal audience) to amplify their messaging. To see all of our speakers for 2018, go to FloridaBlogCon.com.
The term "micro-influencer" is not a totally accurate one, as the influence they have on consumers is anything but small.
In this webinar, we look at the rise of the micro-influencer in today's world of hyper-stimulation and information saturation, to see how they've cleaved out a niche for themselves, and how they can help your brand.
View this presentation to:
1) hear how fast and far micro-influencers have come
2) see them in action, and grasp just how much influence they really have
3) understand how micro-influencers operate and why they're so darn effective
4) learn exactly how to approach micro-influencers and get them working for you
Why Before How: Developing Successful Social Media Strategy and Synergistic I...DJ Waldow
The extremely high interest in social media is well-placed. Used correctly, social media can transform the relationship between brands and their customers. But, the social media gold rush has ushered in a largely tools-focused mentality, that dictates you "must get on Twitter immediately" (among other nonsense).
Social media is a long putt, not a tap-in, and crafting a reasonable, sustainable, measurable strategic plan is critical to maintaining sanity and success.
Perhaps more than any other component of communications, social media cannot stand alone. It is inherently impacted by all other marketing tactics. Thus, integrating your social media efforts closely with your email, search marketing, public relations, advertising, and other programs is essential.
In this timely, invigorating, 1/2 day workshop, participants learned precisely how to create social media strategic plans in 7 steps, how best to measure social media success, and how to create cross-marketing synergies between social media and other channels.
Led by Jay Baer, one of the country's foremost social media writers and trainers (and author of the Convince & Convert blog on social media strategy), this workshop featured real-life B2B and B2C case studies presented by social media and email experts from Blue Sky Factory, and from award-winning digital agency Mighty Interactive.
Jay Baer, Founder, Convince & Convert
DJ Waldow, Director of Community, Blue Sky Factory
Mike Corak, Director of Interactive Services, Mighty Interactive
Return on Relationship in Social Media - IDEÁRIO HubAlfredo CUANDA
Creating engagement in social media requires new approaches for businesses, brands and customers.
ROR - Return on Relationship is the new ROI - Return on Investment.
How to successfully engage in social media platforms?
Influence marketing: dynamics of influencer-brand engagement Browne & Mohan
Influencer marketing is emerging as a strategic approach to inform and influence online consumers. In this paper, Browne & Mohan consultants share the life-stages evolution of influencer and brand engagement. Right from identification to nurturing and reinforcing their relationships, brands need to invest time and efforts to realize the returns from influencer marketing
What’s the difference between Macro vs Micro Influencers?Partnercademy
This guides explains the difference between macro and micro influencers.
To become a Partnerships certified expert, go to our highly acclaimed Udemy course here:
https://www.udemy.com/course/the-influencer-marketing-course-for-marketing-managers/?referralCode=19FC1D4798718EF94F55
Or sign up for our highly acclaimed Partnercademy Masterclass course...
https://partnercademy.thinkific.com/
Social Media Marketing and Influencer Marketing
are a few buzzwords that have taken the marketing
world by storm in recent years. It has increasingly
become one of the most popular trends in marketing.
In fact, influencer marketing is already worth as
much as $8 billion, and is steadily on track to gain an
additional $7 billion by 2022, making it a $15 billion
industry according to a study by Business Insider.
As more companies begin to understand and see the
potential for success with influencer marketing, we
are seeing a shift away from traditional marketing
strategies such as radio, print, and T.V. ads. Eighty
percent of companies that have already implemented
an influencer marketing program say it performs
as good as - if not better than - other marketing channels (Media Kix).
Ready to dive more into the world of influencer
marketing? This guide teaches the basics of influencer
marketing and will help you establish a social media
influencer marketing program of your own.
Influencer marketing involves using influencers to spread a brand’s message to their followers.
Social media is the platform that makes it possible. Influencers enjoy considerable power to influence their followers, and this makes them valuable for marketing products and services.
Gaurav Gautam of BVJMM 2nd Semester of #JIMSVKII has shared about influencers influencing youth.
For More Query Call us on 09990474829, 011 61199191
Visit us at https://www.jimssouthdelhi.com/
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2015 Influencer Marketing Guide
Getting the right people talking about your brand is vital for building credibility. In fact, recent studies show that nearly 60% of marketers plan to increase their influencer marketing budgets in 2015. Kick start your own social campaigns by learning how to identify, engage, and measure influencer impact.
Download this influencer marketing guide to learn:
•How to identify your ideal influencers
•When and where your influencers are most active
•Tips for engaging influencers with your brand
•How to add influencers to your social marketing strategy
The Power of Influencers How Social Media Stars are Shaping Consumer Behavior...SEOHabibi
This article explores how social media influencers are reshaping consumer behavior and driving trends in the digital age. It delves into the impact of influencer marketing and the ways in which these online personalities influence buying decisions.
Case Study InfluencersInfluencers - Definitiona per.docxzebadiahsummers
Case Study:
Influencers
Influencers - Definition
a person with the ability to influence potential buyers of a product or service by promoting or recommending the items on social media.
MARKETING a person or group that has the ability to influence the behaviour or opinions of others: The influencer is the individual whose effect on the purchase decision is in some way significant or authoritative.
Influencer marketing (also influence marketing) is a form of marketing in which focus is placed on influential people rather than the target market as a whole on social media. It identifies the individuals who have influence over potential customers, and orients marketing activities around these influencers.
Influencers in Comm Theory Speak
Sounds like….. opinion leaders
Using … two-step flow
Leveraging… rhetoric component of ethos
Influencer Traits
What Makes an Influencer an Influencer. Broadly speaking, an influencer is anyone who can cause a reaction or impacts the way people feel and think about things.
Some people are seen as influencers when they're a trusted source of information or an authoritative figure within a market.
Influencers: Who are they?
A thought leader, a trendsetter, an expert in their field, a blogger, a celebrity… Practically anyone can become an influencer, as long as they hold credibility and have a niche audience.
Whilst there are certainly many figures with a strong offline presence who are considered influencers, it is those with a large online following which have caught the attention of digital marketers.
Influencers: Before social media
Actors
Musicians
Athletes
Business people
Influencers Evolution
The immersion of such a wide range of social media channels has provided more ways than ever to reach out, persuade, and influence others, so it’s no wonder that influencers have become an integral part of content marketing.
It has become clear that consumers place trust in other consumers more than they do in brands, which is one of the reasons influencers can have such a large impact on brand awareness and sales.
Influencers Evolution
Essentially, social media influencers are taking over the original form of celebrity endorsements. However, it’s important that the audience of a paid brand ambassador believes there is a connection to the brand in order to show results, as promoting brands en masse is likely to decrease credibility and affect the success of marketing campaigns.
Influencer marketing offers a younger, fresher, digital option which seems to be phasing out traditional TV and radio ads, with research showing over half of American companies now have a stand-alone budget for sponsored social media campaigns.
Almost 40% of Twitter users reported they made a purchase as a direct result of an influencer Tweet, and it is estimated that brands are spending well over a billion dollars per year on Instagram influencers alone.
Influencers Evolution
The immersion of such a wide range of social med.
How to become a social influencer and an online sensation.pdfTrieuNailsLondon
Influencers in social media are people who have the power to affect the purchasing decisions of others because of his or her authority, expertise on specific topic, knowledge, position, or relationship with his or her audience. These individuals are not only marketing tools, but they also make social relationship assets with which brands can collaborate to achieve their marketing objectives. Brands love social media influencers because they can create trends that encourage their followers to buy the products they promote. Billions of people are actively using social media. These billions of people look up to influencers in social media to guide them with their decision making. Influencers in social media are people who have the power to affect the purchasing decisions of others because of his or her authority, expertise on specific topic, knowledge, position, or relationship with his or her audience. To be an effective influencer, you must create and plan a content strategy. Consider the type of social platform you would want to use: Facebook has various types of media, Instagram is mainly pictures and YouTube, the most challenging when it comes to video editing but most promising if you succeed.
At the end of the day, certain people are launched into Internet fame because their content makes a connection with people, whether the content is about fashion, cooking, professional advice, cars, or travel. Remember, showing how influential you are is not dictated by you. It is your community, audience, and followers who decide if you’re an influencer.
How to become a social influencer and an online sensation.pptxTrieuNailsLondon
Influencers in social media are people who have the power to affect the purchasing decisions of others because of his or her authority, expertise on specific topic, knowledge, position, or relationship with his or her audience. These individuals are not only marketing tools, but they also make social relationship assets with which brands can collaborate to achieve their marketing objectives. Brands love social media influencers because they can create trends that encourage their followers to buy the products they promote. Billions of people are actively using social media. These billions of people look up to influencers in social media to guide them with their decision making. Influencers in social media are people who have the power to affect the purchasing decisions of others because of his or her authority, expertise on specific topic, knowledge, position, or relationship with his or her audience. To be an effective influencer, you must create and plan a content strategy. Consider the type of social platform you would want to use: Facebook has various types of media, Instagram is mainly pictures and YouTube, the most challenging when it comes to video editing but most promising if you succeed.
At the end of the day, certain people are launched into Internet fame because their content makes a connection with people, whether the content is about fashion, cooking, professional advice, cars, or travel. Remember, showing how influential you are is not dictated by you. It is your community, audience, and followers who decide if you’re an influencer.
Influencer Marketing is growing day by day in India where a lot of brands are doing for the sake of trend, what is the understanding, why do we use it, when we should look for Influencer Marketing is what we can talk about.
How To Leverage The True Potential Of Influencer.pptxTTDigitals
Influencer marketing strategies come into play when it comes to businesses and using the right influence to convince viewers into becoming paying customers of your brand. To know more about click on the link below.
https://ttdigitals.com/blogdetail?how-to-leverage-the-true-potential-of-influencer-marketing-to-boost-marketing-efforts
In today's digital age, where a picture is worth a thousand words, Instagram reigns as the visual storytelling epicenter of the internet. With over a billion monthly active users, it has evolved from a simple photo-sharing app to a multifaceted platform that shapes trends, influences culture, and drives brand engagement like never before. Amid this ever-expanding visual landscape, one force stands out - the Instagram influencers.
Instagram influencers are not just individuals with impressive follower counts; they are the modern-day tastemakers and trendsetters, capable of wielding unparalleled influence. Their posts are like windows into personal lives, each frame capturing authenticity and creativity. This unique blend of relatability and creativity has transformed influencers into powerful catalysts for brands, big and small, looking to enhance their reach and connect with their target audience.
In this blog, we'll delve deep into the phenomenon of Instagram influencers, exploring their role in the digital ecosystem, and why they are the key to unlocking a world of opportunities for your brand. Whether you're a business owner looking to expand your market, a marketer seeking effective ways to boost brand visibility, or an influencer hopeful trying to understand the landscape, join us on this journey as we uncover "The Power of Instagram Influencers." Get ready to learn how these digital luminaries are redefining the rules of engagement on one of the world's most popular social platforms.
Influencer marketing is not a new concept, but it has become an increasingly popular method for reaching highly engaged audiences. Influence marketing is the practice of identifying and building relationships with individuals who have influence over a target audience.
There is no particular definition that defines
what an influencer is. According to one
author, they are "a variety of third parties who
exercise influence over the organisation and
its potential customers." [10] Another
definition of an influencer is a "third party who
significantly influences a customer's
purchasing decision but may never be held
accountable for it." Another definition of an
influencer is someone who is "well-connected,
makes an impact, has an active mind, and is a
trendsetter." And just because someone has a
lot of followers doesn't mean they have a lot
of influence over those people; it just means
they have a lot of followers.
The Jupiter Drawing Room CT presents:
The Deeply Insightful Report
This report aims to spotlight key topics, insights and learnings that we can get inspired and informed from.
The power of influencers is in their relatability and credibility as content creators. How do you find the right influencer and collaborate with them to connect with a younger audience?
If you would like the full presentation in your inbox, please email hello@jupiterct.co.za.
In conclusion, influencer marketing has emerged as a significant part of marketing strategies, and its influence is only expected to rise in the years to come. As more companies understand the value of influencer collaborations, it will be increasingly important to stay updated with industry developments in this field.
A common mistake from beginner marketers is confusing their businesses brand image with their brand identity.
I get it.
They sound similar and are connected concepts.
But the brand image is distinct from the brand identity.
A brand’s identity is its intent to cultivate a certain image in consumers' minds. How a brand is perceived is the brand image.
Therefore, brands do not control the brand image, they can merely try and influence this perception.
Everything a potential customer associates or identifies with a business or a product from previous experiences or through advertising creates a perception of that brand.
Brand image is the result of a firm’s branding efforts - successful or unsuccessful.
Marketing, experiences and memories associated with that brand are the basis for a brand image, and it comes in the form of a gut opinion or mental flash of recognition.
The brand identity signifies what a firm wants its brand to stand for. They control this with all the elements that make up a brand and its marketing.
All the visible elements of a brand, such as its colours, design features, and logo. It is a marketing strategy to nurture a certain image in consumers' minds that identify and distinguish the brand.
The better we understand the theory, the better our decision-making becomes, without even having to think about it.
Marketing is the psychology behind selling more products or services.
By understanding more about consumption and the thought processes behind it for customers, the better we can please them.
The more we understand about how businesses work, the more we can improve the processes. The more chances of success!
This article explores five theories and models that all business owners and marketers should understand.
The 80/20 rule, The Expectancy Disconfirmation Theory, The Product Life Cycle, Porter's Five Forces, and The Ansoff Matrix.
Without an understanding of consumers, how they think, and the reasons for how they behave, it is very difficult for a business to give them exactly what they want.
The study of consumer behaviour improves decision-making as some of the guesswork is removed.
Through a better understanding of consumer behaviour, businesses can make better choices with their marketing to attract more of their target customers.
What is Consumer Behaviour?
Consumer behaviour is the study of consumption. It aims to have a better understanding of consumer actions and processes used in their purchase decisions, as well as the usage of products and services and how they are disposed of.
Exploring how the consumer’s emotions, attitudes and preferences affect buying behaviour, consumer behaviour draws upon ideas from several fields including psychology, sociology, anthropology, biology, marketing and economics.
An underlying motivation drives a consumer to act and purchase. These motivations fit under the problem recognition phase discussed above.
This motivation can be either positive or negative. A positive motivation could be a pleasure – having dinner a nice restaurant or a night on the town. A negative motivation could be the avoidance of unpleasantness such as purchasing toothpaste to minimise tooth decay, getting toothaches and having to visit a dentist.
With over 90% of the search engine market, it is important for businesses that they are easily found through Google searches.
Google made it easier for businesses to rank on their search engine by introducing Google My Business.
65 per cent of all Google searches contain a local reference, which means it is especially important for businesses to optimise their local search engine optimisation (SEO).
Google My Business is a free tool for businesses to better manage their online presence by providing information about their business that is shown in Google search results.
This includes information such as their location, contact information, photos, customer reviews and products/services they provide. For a business to create a Google My Business account, they first need a Google account.
Providing as much information as possible to help their Google ranking for relevant search queries. The more Google knows, the easier it is for them to show it to the right people.
A businesses’ online identity is therefore significantly improved as part of a location-based marketing strategy.
Once a Google My Business listing is created, this generates a Google Maps location which synchronises with Google Search to enhance searchability.
Google My Business complements a businesses’ website by giving them an extra marketing presence through a Google listing, which can drive more traffic to the website or convert people into customers without them even needing to visit the website.
It provides a snapshot of your business.
Marketing can be costly for businesses. Big investments into advertising can be an elevated risk if you do not know the return.
Would it not be great if someone else better at marketing took up that risk and funded the marketing?
You could pay them a small commission fee for each sale. It may sound too good to be true, but it is not.
This is called affiliate marketing.
Week 33 of 50 weeks of marketing explores affiliate marketing.
What is Affiliate Marketing?
Affiliate marketing is an endorsement-based advertising strategy, that earns promoters (affiliate) money when internet users act on that marketing.
Based on a model of revenue sharing, vendors (merchants) offer a financial incentive such as a commission, through an affiliate program. Affiliates earn a piece of the profit for each sale through creating marketing content to try redirect customers to the merchant’s product.
Affiliates can make money promoting products and services and make an income, without actually having any of their own.
The merchant employs the help of affiliate to invest their own time and money into marketing their products or services, expanding their reach to their target audience online.
According to Mediakix, affiliate marketing spending increases every year in the USA, with around a 10 percent yearly increase.
How Affiliate Marketing works
Affiliate marketing involves four different parties:
• The merchant,
• The affiliate,
• The affiliate marketing network, and
• The customer.
From a marketing point of view, there are two components: the merchant who has produced the product or service for sale and the affiliate marketer who promotes it.
With a traditional business model, the seller bears the risk that profit exceeds the overall marketing costs. However, an affiliate takes on the promotion efforts and then earns a piece of the profit from each sale they make.
This is usually via a predefined commission, and the sales are tracked via personalised affiliate links.
#affiliatemarketing
Email Marketing has become one of the most popular and effective marketing method and relationship management tool used by businesses since it rose quickly into prominence with the internet about 25 years ago.
Pretty quickly, most people had a personal email address and were checking their email, making it a powerful tool to communicate with people.
What is Email Marketing?
Short for electronic mail, email is the sending of messages to one or more recipients, distributed by electronic means via the internet.
Email marketing is a digital marketing strategy that uses email to develop relationships with prospective customers and maintain and strengthen relationships with current customers.
The end goal is to influence these people to make a purchase and be ongoing customers.
Some of the benefit of email marketing to businesses include:
• Brand awareness – keeps the brand top of mind and people informed about what you offer.
• Speed – a quick output and quick response for lead generation.
• Segmentation – allows you to selectively email members of your database depending on their behaviours.
• Cost-Effective – Low cost per contact for customer acquisition. A better return on investment many other forms of marketing.
• Targeted – you are sending relevant materials to your audience.
• Customer Dialogue – encourages a two-way dialogue with customers, where communication is one way with many other marketing methods.
• Trackable – Analytics allows you to track the performance of your emails.
• Conversion - turn prospects who are interested in your industry or your products/services into customers.
• CRM – customer relationship management helps maximise the lifetime value of customers by increasing customer retention and repeat purchases.
Public relations (PR) manages the release and spread of publicity about a firm or individual to the public to influence their opinions, attitudes or behaviours.
PR aims to build and maintain relationships with stakeholders and those who influence the target audience, to enhance the public reputation.
Public relations professionals are storytellers and image shapers who create a positive narrative for their clients by working closely with journalists and other media. This allows them to manage and generate positive publicity for their clients to enhance their reputations. Public relations are controlled internally as a strategy, but publicity is controlled and distributed externally.
PR has been a profession since the dawn of the 20th century, but the roots of the idea of widely influencing public opinion and action can be found and during the movement to abolish slavery in England 100 years before that.
Because of these beginnings, one of the underlying assumptions of PR is that it should be socially responsible and go beyond organisational goals to play a constructive role in society.
Depending on the situation, PR will have a particular tone – whether it is showing empathy and understanding, storytelling and creativity, or more persuasive messaging. Messages are tailored to the relevant target audience/s.
PR applies to all organisations from small businesses to corporations to governments or activists. They could be from the private, public or third sector. The third sector is an umbrella term for voluntary and community organisations such as social enterprises.
If you're not unique or distinctive, you'll be forgotten.
Product differentiation is a marketing management strategy that aims to distinguish or differentiate a company's products or services from the alternatives offered by competitors.
Businesses communicate their unique and distinctive benefit through the marketing strategy to make it attractive to a group of customers/target market.
Also referred to as a point of difference, providing customers with a unique and distinct benefit can create a competitive advantage in that marketplace.
It is a powerful strategy when a target group of customers is not price-sensitive (an increase in price will not reduce demand), when a market is competitive and saturated with options, or when a group of customers have specific needs that are under-served.
“Point of difference – even seemingly contradictory ones – can be powerful. Strong, favourable, unique associations that distinguish a brand from others in the same frame of reference are fundamental to successful brand positioning.” (Keller, Sternthal & Tybout, 2002)
Advertising is a marketing communication method that attempts to inform and/or influence the opinions and buying behaviour of potential users of a product or service. Also called an "ad" or advert for short, it is a one-way message to promote an identified organisation/brand, product, service or an idea.
Businesses buy advertising space or time, and it is openly sponsored, controlled and non-personal message (designed for mass media).
The world is saturated with advertising, wherever we go. Advertising is almost always present, though we might not be consciously aware of it. Advertising’s ability to deliver a specific message to many people has given it a significant role in most businesses’ marketing.
Advertising is marketing, but not all marketing is advertising. People often make the mistake of viewing marketing in terms of the individual activities. For example, for some, marketing would have a sales-dominated view, for others, it might be market research and product planning. For others, marketing and advertising seem to be interchangeable terms. However, these activities are all just components, cogs in a marketing machine that work together. Marketing is the total process of planning and executing product or service design, and the pricing, promotion, and distribution to meet a firm’s objectives.
Co-creation is the actions of more than one person or party, bringing something into existence.
In business, it is a strategy and process focusing on the joint creation of value by customers and company. An interactive relationship, customers and staff function as active participants.
It is becoming more common for service providers to let customers co-create value - this mutual creation of services enhancing the consumption experience of customers.
The co-creation of value is an application for a product and goods-based businesses as well as services and experiences.
Marketing helps facilitate this mutual creation and enjoyment of value - business has moved away from the traditional model of customers purchasing goods or services – now, customers can engage in dialogue with suppliers during each stage of product design and product delivery.
Value co-created at multiple points of interaction.
“Co-creation is about joint creation of value by the company and the customer. It is not the firm trying to please the customer.” (Prahalad & Ramaswamy, 2004)
Often when you ask a small business owner who they are targeting as customers, their response is “Everyone”, or “Anybody interested in…” They might refine this audience down to “homeowners” or “people who go to the gym”. This is still too broad. The problem is with this is, not all consumers think alike, and not everyone is going to purchase your product. Because of this broad focus, marketing can miss the mark.
Instead of trying to market to everybody, targeted marketing makes your product or service as attractive as possible to certain groups of people. Firms focus their marketing efforts on a specific and defined audience.
Targeting focuses all marketing efforts on the defined group or groups of people MOST LIKELY to become profitable customers. These groups of customers will have common characteristics and interests and could be based on existing customers, as there is likely to be similar people who you will also benefit. The targeted customers might also be groups of people who overlooked by the competition. If they are profitable, this then presents an opportunity for that business.
With targeting, marketing becomes more affordable, efficient and effective at generating customer leads. Saving money on marketing and a better return on investment are the most obvious benefits of targeted marketing – especially for small businesses with frugal marketing budgets.
Targeted marketing is far more cost-effective than mass marketing as firms are not wasting time and money marketing to people who will never be a customer.
Instead, the target audience is specific types of consumers who are most likely to become customers.
Positioning is one of the fundamental elements of marketing, both for consumer products and B2B (Business to Business). Positioning is a brand’s unique way of providing value to its customers. Where it sits in the hearts and minds of customers. The associations that consumers hold with the brand reflect its positioning in the market.
Firms use positioning to create an image of their product or service in the mind of their target customers. Positioning defines how the brand’s offering is unique, how it provides a distinct benefit to customers.
Businesses use marketing to communicate their market position to customers and influence their perception of the brand’s products or services. Marketing establishes the brand identity, influencing consumer perceptions of its position in the market relative to the alternatives available from competitors.
“Positioning is not what you do to a product. Positioning is what you do to the mind of the prospect. That is, you position the product in the mind of the prospect.” (Ries & Trout, 2001)
Business networking is a powerful tool for business people to meet relevant people that can help them further their career, whether it is a new job or new clients.
Business networking is the act of interacting and conversing with other people to develop professional contacts and exchange information, usually in the setting of an event or meeting.
Networking helps individuals to establish and nurture long-term and mutually valuable relationships, popular with career-focused professionals.
The aim is usually to expand one’s circle of influence and acquaintances to enhance opportunities to further one’s career – whether it is a new job or promotion or to meet potential future clients, customers or business partners.
Invest time (and a little bit of money) into increasing your networks and relationships – personal and professional, and in the long-run, you will reap the benefits.
People don't really trust brands anymore...
But people are more likely to trust you if they find you authentic. If people trust you, they more likely to become a loyal customer.
Authenticity is what is REAL, TRUE or GENUINE.
Doing something solely for profit considered inherently inauthentic (why consumers often perceive brands as inauthentic).
Why is authenticity so important to people?
We search for meaning through consumption – our desire for authentic brands is about our own desire to be authentic.
Consumers immerse themselves in what they believe to be authentic experiences, to reinforces our desired sense of self.
The transferal of authenticity onto an object or experience validates the authenticator as well as the subject.
This process is called self-authentication, which revitalises self-meaning and enhances our wellbeing.
If we feel like we're being our real selves, then we're happier.
Makes sense, right?
Brand equity is the added or subtracted value given to a current or potential product or service, influenced by the brand. It is “the differential effect of brand knowledge on consumer response to the marketing of the brand” (Keller, 1993).
Consumers have a perception and desire that a brand will meet their promise of benefits. The higher the perception of value, the higher the premium customers are willing to pay.
An elevated level of positive brand equity requires cooperation between the tangible and intangible aspects of a product or service. The intangible aspects come from a customer’s subjective experiences with a brand, the brand’s uniqueness and personality and ability to stay relevant and build a relationship with loyal customers.
Companies can create brand equity by making products and services memorable, easily recognisable, and superior in quality and reliability.
Marketing is a major driver of brand equity through differentiating products from competing brands. Marketing builds strong brand equity through influencing the brand associations held in a consumer’s mind.
Enhance the strength of your brand by investing in advertising and resist often discounting products. Create a personality for your brand expressed through your marketing mix. The connection a consumer feels with your brand’s personality can define your relationship with customers.
The 'servicescape' has become a little-discussed marketing topic in the digital age; yet has quite a considerable influence on customers if you are a service business with a physical location.
First, the servicescape forms a perception in the mind of customers. Then, it contributes to their service experience.
The servicescape is the physical environment where a service transaction takes place. It facilitates the customers’ experience, but it also influences their first impressions before they even enter the store or interact with a staff member.
This first impression helps customers ease any discomfort of the unknown, and then guides their perception and expectations of the service.
The design and fit-out of a service help facilitate two main goals: first to be as efficient as possible to maximise how productive staff are at their job, and ensuring the customer has the experience they want.
Ineffective designs can be frustrating to staff and customers alike. The design of the servicescape can also illustrate to customers where they can and cannot go.
In services such as restaurants or cafés, the servicescape design helps both customers and employees socialise, to help facilitate a pleasurable experience with friends, family or business clients.
Price is perhaps the most crucial aspect of the marketing mix to determine whether customers make the purchase. If priced too low, you lose profitability. Priced too high, customers will choose a competitor.
This article discusses several pricing strategies that businesses can use to get it right.
Price is based on research, experience, and understanding of the market, to calculate a price expected to be profitable and sell enough volume to be sustainable as a business.
Price also must stand its ground against alternative options from competitors.
Pricing is at the core of marketing strategy, being one of the original ‘4Ps’ of the Marketing Mix.
Changing core marketing strategies and new product development is expensive and time-consuming, but the price is very flexible, and business can change it according to the needs of the situation. Price is the most adjustable aspect of the marketing mix, allowing a business to quickly respond to marketplace changes.
For customers, price is often the most crucial factor of their purchase decision. Businesses use price as a differentiating factor to set them apart from competitors and to target a segment of customers. Your price reflects your positioning in the market. Pricing helps create your brand identity.
These slides discuss twelve ways a business can price their products or services.
In this slideshow, we explore what loyalty is and how it relates to your relationships with customers.
The mass-marketing approaches of the ’60s and ’70s ignored the role of customer loyalty as an important parameter of marketing activities.
There has long been a shift from this transaction based-approach into a relationship-based strategy. The focus changes from acquisition to retention. The new goal is to enhance customer loyalty by focusing on the lifetime value of existing customers, considered just as important as attracting new customers.
Loyalty is the maintenance of trust in a person, a party, an institution; which fosters strong feelings of support or allegiance. An individual has a sense of belonging to a relationship.
In business, this feeling of loyalty a customer feels with a brand or business yields a deeply held commitment for consistent future consumption.
Consumers are alert to the intentions of marketers. As people grow up, they learn to recognise the persuasive attempts of marketing, developing what we call persuasion knowledge.
Persuasion is the act of trying to modify a person’s attitude and beliefs toward a certain topic. In marketing, persuasion theory suggests attitude measurement predicts consumer behaviour.
Persuasion Knowledge is how consumers “cope” with these persuasion attempts, and “beliefs about the tactics that advertisers and marketers use to try to persuade them” (Boush, Friestad & Rose, 1994)
It is important for marketers to understand persuasion and how the customer reacts to persuasive efforts.
Some of the best spots to visit in New Zealand. If you love summer and golden beaches, you need to visit these spots. A little piece of paradise.
We're famous for having some of the best beaches in the world. If you love a good beach, and you visit New Zealand, you need to visit these spots.
These are my personal photos, so of course, there's some bias here. Plus, none of the South Island beaches, which are just as beautiful, but not quite as warm!
Visit these New Zealand beaches and support local businesses after Covid 19.
More from BYB Marketing - Brand Yourself Better (20)
The Challenges of Good Governance and Project Implementation in Nigeria: A Re...AJHSSR Journal
ABSTRACT : This study reveals that systemic corruption and other factors including poor leadership,
leadership recruitment processes, ethnic and regional politics, tribalism and mediocrity, poor planning, and
variation of project design have been the causative factors that undermine projects implementation in postindependence African states, particularly in Nigeria. The study, thus, argued that successive governments of
African states, using Nigeria as a case study, have been deeply engrossed in this obnoxious practice that has
undermined infrastructure sector development as well as enthroned impoverishment and mass poverty in these
African countries. This study, therefore, is posed to examine the similarities in causative factors, effects and
consequences of corruption and how it affects governance, projects implementation and national growth. To
achieve this, the study adopted historical research design which is qualitative and explorative in nature. The
study among others suggests that the governments of developing countries should shun corruption and other
forms of obnoxious practices in order to operate effective and efficient systems that promote good governance
and ensure there is adequate projects implementation which are the attributes of a responsible government and
good leadership. Policy makers should also prioritize policy objectives and competence to ensure that policies
are fully implemented within stipulated time frame.
KEYWORDS: Developing Countries, Nigeria, Government, Project Implementation, Project Failure
Exploring Factors Affecting the Success of TVET-Industry Partnership: A Case ...AJHSSR Journal
ABSTRACT: The purpose of this study was to explore factors affecting the success of TVET-industry
partnerships. A case study design of the qualitative research method was used to achieve this objective. For the
study, one polytechnic college of Oromia regional state, and two industries were purposively selected. From the
sample polytechnic college and industries, a total of 17 sample respondents were selected. Out of 17
respondents, 10 respondents were selected using the snowball sampling method, and the rest 7 respondents were
selected using the purposive sampling technique. The qualitative data were collected through an in-depth
interview and document analysis. The data were analyzed using thematic approaches. The findings revealed that
TVET-industry partnerships were found weak. Lack of key stakeholder‟s awareness shortage of improved
training equipment and machines in polytechnic colleges, absence of trainee health insurance policy, lack of
incentive mechanisms for private industries, lack of employer industries involvement in designing and
developing occupational standards, and preparation of curriculum were some of the impediments of TVETindustry partnership. Based on the findings it was recommended that the Oromia TVET bureau in collaboration
with other relevant concerned regional authorities and TVET colleges, set new strategies for creating strong
awareness for industries, companies, and other relevant stakeholders on the purpose and advantages of
implementing successful TVET-industry partnership. Finally, the Oromia regional government in collaboration
with the TVET bureau needs to create policy-supported incentive strategies such as giving occasional privileges
of duty-free import, tax reduction, and regional government recognition awards based on the level of partnership
contribution to TVET institutions in promoting TVET-industry partnership.
KEY WORDS: employability skills, industries, and partnership
Enhance your social media strategy with the best digital marketing agency in Kolkata. This PPT covers 7 essential tips for effective social media marketing, offering practical advice and actionable insights to help you boost engagement, reach your target audience, and grow your online presence.
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Grow Your Reddit Community Fast.........SocioCosmos
Sociocosmos helps you gain Reddit followers quickly and easily. Build your community and expand your influence.
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How social media marketing helps businesses in 2024.pdfpramodkumar2310
Social media marketing refers to the process of utilizing social media platforms to promote products, services, or brands. It involves creating and sharing valuable content, engaging with followers, analyzing data, and running targeted advertising campaigns.
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Social media refers to online platforms and tools that enable users to create, share, and exchange information, ideas, and content in virtual communities and networks. These platforms have revolutionized the way people communicate, interact, and consume information. Here are some key aspects and descriptions of social media:
Non-Financial Information and Firm Risk Non-Financial Information and Firm RiskAJHSSR Journal
ABSTRACT: This research aims to examine how ESG disclosure and risk disclosure affect the total risk of
companies. Using cross section data from 355 companies listed in Indonesia Stock Exchange, data regarding
ESG disclosure and risk was collected. In this research, ESG and risk disclosures are measured based on content
analysis using GRI 4 guidelines for ESG disclosures and COSO ERM for risk disclosures. Using multiple
regression, it is concluded that only risk disclosure can reduce the company's total risk, while ESG disclosure
cannot affect the company's total risk. This shows that only risk disclosure is relevant in determining a
company's total risk.
KEYWORDS: ESG disclosure, risk disclosure, firm risk
“To be integrated is to feel secure, to feel connected.” The views and experi...AJHSSR Journal
ABSTRACT: Although a significant amount of literature exists on Morocco's migration policies and their
successes and failures since their implementation in 2014, there is limited research on the integration of subSaharan African children into schools. This paperis part of a Ph.D. research project that aims to fill this gap. It
reports the main findings of a study conducted with migrant children enrolled in two public schools in Rabat,
Morocco, exploring how integration is defined by the children themselves and identifying the obstacles that they
have encountered thus far. The following paper uses an inductive approach and primarily focuses on the
relationships of children with their teachers and peers as a key aspect of integration for students with a migration
background. The study has led to several crucial findings. It emphasizes the significance of speaking Colloquial
Moroccan Arabic (Darija) and being part of a community for effective integration. Moreover, it reveals that the
use of Modern Standard Arabic as the language of instruction in schools is a source of frustration for students,
indicating the need for language policy reform. The study underlines the importanceof considering the
children‟s agency when being integrated into mainstream public schools.
.
KEYWORDS: migration, education, integration, sub-Saharan African children, public school
“To be integrated is to feel secure, to feel connected.” The views and experi...
Influencer Marketing in 2020
1.
2. 2
WHAT IS INFLUENCER MARKETING?
Influencers create content promoting certain brands through social media sites like Instagram, YouTube, Twitter,
and Facebook. This marketing strategy is used by brands who hire influencers to increase their interactions with
their target customers online, increasing their brand awareness recognition, increasing sales.
Influencers are people who have built a reputation online for their knowledge and expertise on a topic or
lifestyle or because of their status. This reputation gives them social influence in their specific niche or area of
expertise/fame, their followers taking note of their actions and opinions.
“Influence can be broadly defined as the power to affect a person, thing or course of events. Influence
manifests itself in many ways, from direct purchase advice to subtle shifts in perception of a vendor’s
credibility.” (Brown & Hayes, 2008)
3. 3
THE BENEFITS OF INFLUENCER MARKETING
The major drawcard of using influencers in a marketing strategy is their ability to give a brand a wider audience
online. The following statistics are an indication of the effectiveness of influencer marketing:
• 92% of marketers surveyed believed influencer marketing is effective at generating and converting leads in
generating leads
• In 2017, 92% of marketers said their influencer campaigns were effective
• One study found that every $1 spent on influencer marketing produced an average return of $18.
• 80 percent of consumers surveyed had purchased a product after it seeing it in an influencer’s post.
Brands can target audiences that were previously unreachable through mass marketing.
4. 4
HOW IS INFLUENCER MARKETING SO EFFECTIVE?
Social media has broken down the barriers between been brands and their consumers. Influencers have made
this even more of a two-way relationship, where previously advertising was one very one way.
influencers promote brands by using them in their personal lives, it does not seem like advertising. The product
placements they use in an everyday setting makes brands seem more relatable to consumers. In this sense,
influencers serve are a connector between a brand and a consumer.
Through openness in their social media content, influencers seem authentic which gives them credibility.
Social media followers learn from the example of influencers, and through this observation, people have a
higher likelihood of adopting those behaviours. Social Learning Theory (see Bandura, 1969) proposes that
people can develop new social behaviours through observing and imitating others.
5. 5
Celebrities: can be sports stars, actors, pop stars or people famous for being famous. The Kardashian/Jenner
family are the perfect example with three of the family in the top 10 most followed on Instagram.
These celebrity influencers typically have more than a million followers and tend to have a wide range of
followers rather than in one niche. The cost to use this celebrity influencers is extremely high, and their
followers are not as defined – they often come from all walks of life.
Industry Experts and Thought Leaders: Influencers can also gain their status by gaining it through their
qualifications, position, or experience in their area of expertise. They often gain this reputation and respect
through having a prominent role in the workplace.
These include journalists, CEOs at large corporations, academics and industry experts.
TYPES OF INFLUENCERS
6. 6
Content Creators and Bloggers: Content creators are everywhere on social media from TikTok to LinkedIn. They
post a variety of informational content about a topic of interest, build a following through this. These
influencers differ from industry experts as they are not in a position of power or have widespread credibility
because of their professional reputation. They are often business-owners or passionate about a certain topic.
Nano, Micro and Macro Influencers: Nano and Micro-influencers are the other end of the scale from
Celebrities. Nano influencers have small followings of under 10,000, Micro-influencers are the next tier up with
10,000 to 10,000 followers and Macro-influencers from 100,000 to a million. They are normal people with
normal jobs, becoming well known because of their content and knowledge in a specific niche. They are
credible and their social media following are people interested in that niche and engage often in their posts.
TYPES OF INFLUENCERS
7. 7
The influencer game is changing. Celebrity influencers are no longer as popular as they used to be, as brands
move toward the use of teams of micro-influencers instead of using one or two celebrities. Nearly 80 percent of
the brands surveyed by Linqia said they want to work with micro-influencers in 2020.
Celebrity influencers require a large pay-check, and if their content does not come across as authentic, then the
return on investment is not going to be as high as using micro-influencers with a more genuinely engaged
following. Contrasting the perfect image portrayed by many celebrity influencers (how can that be real?), micro
and nano influencers create content that is not glamourous or staged. It is a lot more believable.
Influencers are employed for their ability to influence people. Not just because they have a following. Having
the ability to influence the decision-making of consumers defines them.
CELEBRITIES ARE OUT, NANO & MICRO-INFLUENCERS ARE IN