Traditional push marketing does not work anymore as customer is in charge of what they consume. Television has been replaced by on-demand video and ad blockers have reduced the window to get your message across.
Marketers have to deliver their message in a way that audience wants it and through people they want to listen to.
This is why influencer marketing has emerged as one of the major trends in marketing. Brands such as Adidas, Motorola and American Express have embraced influencer marketing with success.
In fact businesses are earning $6.5 for every $1 they spend on influencer marketing. Influencer reach is clearly the future of marketing.
Who is an Influencer
An Influencer is any person who has a substantial following in a niche segment on the internet. The area of influence could be anything from business to pet-care. They are actively engaged with their followers over social media or mails. They can monetize their following by product endorsements or selling their own services. Marketers work with influencers for product endorsements to use this powerful channel. Another way to work this channel is for marketers themselves to become an influence. For example, one of the top marketers in the world Neil Patel, is also the most influential celebrity in the area of business startups and digital marketing. Being an influencer naturally boosts your marketing and sales. This is why most of the influencers are starting their own business. A following is very easy to monetize compared to strangers on the internet. Why Influencers are so effective at Selling We all know the influence of celebrities like Dr.Oz (in health sector) and Oprah Winfrey have on populations. It has been estimated that Oprah’s support for Barack Obama swayed around 1 million votes in his favour. Today, the internet is filled with smaller stars who are celebrities to their respective audiences nonetheless. Youtube star like Wayne Goss (3 million subscribers) and Lily Singh(13 million subscribers) are sought by brands to promote their products. But what is it about influencer marketing that makes marketing so successful? Influencers have a trust and connection with their audiences that an unknown marketer can never match. Influencers give their followers tons of value in education, entertainment or inspiration. Therefore the followers trust them as an authority in their field of work and are more open to messages to them. Secondly influencers endorsing a product act a social proof to their audiences. As kids we all wanted to do what the cool kids in the class were doing. Influencer marketing is not very different from that. It is the mix of authority, social proof and trust that makes influencer marketing so effective. How to Become an Influencer Influencers are going to rule the web in coming years. According to TapInfluence, 73% of marketers have allocated budget for influence marketing. If you don’t have huge budgets to hire top influencers it makes sense to become one yourself. Here are some ways to increase your influence as a marketer or business founder:- Share Knowledge
- Networking
- Build Authority
- Events & Industry Meets







