The Evolution of Influencer Marketing in a Digital Age
Table of Contents
From Buzzfeed Blogs to Brand Ambassadors:
In this article titled, Understanding the Concept of Influencer Marketing and Its Development in Digital Space
In the pre-digital era, marketing resembled a one-way street:
Brands screaming their slogans on billboards and Magazines and seeking to sell their products to an unknown customer. Then came the internet and then the social networking sites and then came the revolution. Then came Influencer marketing, a power which changed the dynamics and gave a voice to the masses who have the potential to bend the trends and change the buyer behaviour.
Most of us are beneficiaries of the school system so how did it come to this? Let’s embark on a journey through the evolution of influencer marketing, understanding its past, present, and exciting future: Let’s embark on a journey through the evolution of influencer marketing, understanding its past, present, and exciting future.
Early Days, The second phase is also known as the ‘Blogosphere’ phase which took place in the period between 2000 and 2004 In this phase, people were more focused on blogs than social media platforms.
Buzzfeed and beyond: Hey there do you recall those cute Buzzfeed articles that millions of people shared? They weren’t just funny; they were the first influencers to ever exist. Bloggers, who used to have a specific audience base, began to be offered brands’ contracts for advertising certain goods and services within the blog.
Rise of niche communities: Fashion bloggers, technology and gadgets lovers, kids-gamers become leaders of the opinion among people. Micro-influencers eventually emerged and got other brands on board to target its audience and also gain customer trust.
Social Media Explosion: Expanding Power – Part 2 (2010–2019):
Instagram’s reign:
With emergence of Instagram which embraces the visual content and captivating stories, there appeared a new generation of influencers. Kiran on Sep 05 Beauty bloggers, travel bloggers, and lifestyle photographers became the stars that attract a large number of followers; thus, they became attractive to brands that seek an audience with those categories.YouTube takes centre stage:
Casting devices like YouTube ended up creating personalities for example PewDiePie and Logan Paul and communicating interesting and useful content to the public. Markets had an awareness increase regarding the video’s collaborations and product placements with popular personalities.The rise of micro-influencers: As some of the mega-influencers with millions of followers gained popularity, brands learnt the benefits of targeting micro influencers with smaller but highly active audiences. These select groups of specialists provided genuine appeal and aimed at particular segments, which appeal greatly.
The Future of Influencer Marketing:
A New Perspective: continuing the development of the art (2020s and beyond): Transparency and authenticity: Audience becomes more aware; they want authentic relationships with the companies and their brands. More and more, influencer marketing means meaningful collaboration and effective communication in the form of proper labeling.Data-driven strategies: In the past, it could be made a snap decision and no one gave much consideration about it. Marketers are now using big data to not only find the right influences but also monitor the campaign results and, thus, assess the campaign’s return on investment. Other related tools that are even more simplifying the process include influencer marketing software.
Rise of specialized platforms: There are now specialized influencer marketing platforms that are matching brands with the right Creator, and ensuring that the right collaborations take place, and managing campaigns properly.
Beyond traditional influencer marketing: Instead of attracting various SNS celebrities, the brands have shifted their attention to find experts, opinion leaders and even employees as brand advocates.
Remember:Quality over quantity:
Collaborate with influencers that have similar values as your brand and with followers that are in your target market, irrespective of the number of followers.Long-term partnerships:
Gain more than simple statements of support from celebrities and partners to create long-term relationships to get the consumers’ attention for more effective brand loyalty.Focus on value creation:
It is very important to make useful, interesting and valuable content to the audience.Measure and adapt:
It is advisable for your business to monitor and keep records of the performances to make necessary changes in the strategies you intend to use in your influencer marketing.This is not to say that the advancement of influencer marketing has reached its plateau. With the evolving technology and ever-changing audiences’ preferences, this is a very dynamic television industry that will always evolve with time. If you learn how to follow and adapt those trends combined with the genuine sense of the connection with your audiences, it will allow you to effectively promote your business through the use of influencer marketing within the constantly changing and evolving digital space.
Bonus Tips:The following are some guidelines that you should adopt when staging the social media give-away contest to be Successful:
The following are the ways through which influencer marketing can be implemented: They said: ·Influencer marketing should be ethical and transparent in all processes. Particularly, they should ·Make sure that they are up to date with the latest trends and technologies that learners are likely to tap into.Therefore, accept the new form of marketing, develop good working relationships, and realize the potential of employing influencers. Allow others’ persuasion to lead the direction of your brand to a better tomorrow through compelling narratives.