What is influencer marketing and how does it work
Influencer marketing is the promotion of goods or services through influencers. Influence marketing is otherwise called influencer marketing (from English influencer marketing), these concepts are identical.
In simple terms, influencer marketing, or influencer marketing, is when a blogger or celebrity talks about a company or its product.
Promotion with the help of opinion leaders is one of the main tools of Internet marketing. For some businesses, influencer marketing works better than SMM, email marketing, targeted and contextual advertising, or other channels.
TeachWiki Media has a great influencer marketing guide . After reading it, you will be able to run ads with bloggers. In this article, we will only cover a few basic and simple questions about influencer marketing.
Who are influencers or opinion leaders
Opinion leaders are people with a large audience of fans, subscribers, supporters, readers. They can be both celebrities - actors and athletes, and bloggers, popular thanks to social media accounts. Smaller companies are more likely to work with bloggers, while federal brands can afford to advertise with celebrities.
TeachWiki Media has a guide that details what influencers are and how a business works with them.
Influencer bloggers are often categorized based on the size of their audience. The audience sizes below may vary for different social networks.
Nanoinfluencers. They have from a thousand to 10 thousand subscribers. Nano-influencers have few followers, but they are loyal. The audience is more active than bloggers with a large number of followers. Also, the level of engagement, the ratio of coverage to the number of subscribers, the conversion of selling posts are higher.
Microinfluencers. The subscription base is from 10 thousand to 100 thousand people. Micro-influencers have more reach than nano-influencers, and advertising is more expensive. Engagement and loyalty are on average lower than nano-influencers, but higher than macro-influencers.
Macro influencers. They have over 100 thousand subscribers. Macro-influencer blogs have already become a business. Their audience is numerous and diverse. There are many celebrities among macro-influencers - athletes, singers, TV presenters.
Advertising with macro influencers is expensive. Promotion services from macro-influencers are bought, as a rule, by large federal brands.
Bloggers with millions of followers are called mega-influencers.
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Why influencer marketing works
Social media users notice other users' posts more often than other content. Such posts get more views and reactions in feeds.
Bloggers are users who are trusted by the audience. They gathered around them people with similar interests - subscribers who are united, for example, by profession, lifestyle, hobbies, and so on. If an influencer talks about a product, they are more trusted than advertising on behalf of the company.
For example, you want to start selling dog accessories, and there are many dog owner communities on social media. If the leaders of such communities test your products and tell their subscribers about them, the latter are likely to believe their findings.
Another example of influencer marketing. The company commissions an advertising post from a celebrity who loves animals and pays a lot of attention to them on her blog. In the post, the celebrity says that she gave the company's goods to her Spitz and he liked the gift.
How companies work with bloggers
There are many interaction models, but we will cover three of the most common.
- Payment for placing an advertising publication, sometimes a series of publications. In other words, payment for advertising posts, stories, videos, and so on.
- Payment for the number of orders or percentage of sales. In this case, the blogger also makes advertising posts, videos, stories. There are several tools that allow you to understand how the blogger's ad has worked. You can mark the advertising link with UTM tags , which will allow you to track the source of applications, or give blogger subscribers a unique promotional code by which you can see the number of orders.
- Ambassadorship. In this case, the influencer becomes the face of the brand and receives a fixed amount for this. The Ambassador can participate in many activities. For example, speaking at company events, promoting products, opening new product lines. TeachWiki has a great article about collaborations between influencers and brands.
How do companies measure the effectiveness of influencer marketing? The following indicators are usually used:
- the number of likes, views, saves, reposts of advertising content, the number of comments;
- the number of clicks on the link;
- the number of people who used the promotional code, placed an order or made a purchase.
How advertisers find bloggers
There are many options. Sometimes bloggers are found at business or digital get-togethers, media events, offline conferences.
There are chats and channels in social networks and messengers - for example, fromBerek in Telegram. In it, you can read reviews on bloggers, place ads with them, including at a wholesale price. Another example is the instabloog telegram channel , where there are reviews of bloggers and advertisers.
Many advertisers look for bloggers and order ads from them through specialized services - exchanges. On exchanges, you can find the right bloggers, place ads in their channels, and evaluate statistics. Here are some examples of such services.
- GetBlogger works with Instagram*, YouTube, TikTok, VKontakte, Telegram, Twitter, Facebook*, Twitch, Odnoklassniki, Yandex Zen, Likee.
- Epicstars — Instagram*, YouTube, VKontakte, Telegram, Twitter, Facebook*.
- trendHERO - Specializes in Instagram*.
- Yoloco - YouTube and Instagram*.
- LabelUp is an ecosystem that includes a platform, data analysis solutions, an agency, a creative unit, and work with influencers.
How to find out more
- Explore three TeachWiki tutorials: the big guide to influencer marketing , an article about influencers , and a breakdown of what collaborations are . With them, you will learn more about influencer marketing.
- If you are considering marketing as a profession, learn more about the TeachWiki course " Internet Marketer From Scratch 2022 ". It teaches how to build marketing strategies, use different promotion tools: set up advertising, promote a site in search engines, work with an audience in social networks.
- You may also be interested in the course " SMM specialist from scratch ". You will master the sought-after digital profession from scratch. Learn how to promote brands on social networks, develop an effective SMM strategy, create content and run ads.
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