The rise of social media gave us the opportunity to make our opinions widely known.
Many took this chance seriously.
This is how influencers were born.
Before we start with influencer marketing statistics, there’s something important we need to talk about first.
What is an influencer?
There is a distinction between influencers and celebrities. Celebrities are singers, actors, models and whatever Kim Kardashian is up to these days. Influencers, on the other hand, are bloggers, vloggers, streamers and all that jazz.
Celebrities can be used for influencer marketing and some influencers do become celebrities, but the distinction stands.
Now that we’ve covered that, let’s see why influencer marketing is so huge right now. Take a look at those whopping influencer marketing stats:
Got your attention?
Read on to find out more!
(Source: Digital Marketing Institute)
It is obvious that influencers have the power to form people’s opinions. Why is that?
Well, influencers have credibility. Almost no one nowadays trusts celebrities. Their photos in magazines are constantly photoshopped and they’re often the faces of products and brands they don’t even use. Most of the things they do are for the sake of PR.
Even on Instagram, celebrity endorsements are losing their power.
Influencers, on the other hand, share their genuine opinions. At least most of the time, anyway. They’re not scared to admit they don’t like certain products. This is why people trust them.
It’s all about genuine credibility. People are sick and tired of fake commercials and false advertising. If an influencer is dishonest, he or she risks losing their followers. Most of them – those who didn’t buy into the gig – spend years trying to build their followers base. Keeping it is a top priority.
Don’t risk trying to convince an influencer to market something they’re not sure about. They’ll either reject your offer or their audience will sense the dishonesty. In the second scenario, both the influencer and you will be on the losing end.
When reaching out to an influencer, first make sure your product is relevant to their interests. You can’t market meat to a vegan, can you? Do thorough research and see what the influencer supports and what is off-limits for them. This will save you a lot of time and you will avoid potential backlash.
Influencer marketing ROI is such that you can’t help but pay attention. Just look at those influencer marketing statistics! However, the actual measuring part can be tricky. Don’t let that discourage you though – influencers will be helpful for your campaign.
In order to successfully measure your ROI, think about the goals of your campaign first. What are you aiming for? Is it to spread the news about your brand or product? Or are you trying to convert users into clients? Determining your goal will help you measure the ROI.
(Source: Influencer Marketing Hub)
You’ve surely asked yourself if it is all worth it. Those influencer marketing stats should put things in perspective.
Most businesses have seen the positive outcome of betting on influencers. They’re even planning on spending more money on those types of campaigns.
To be able to actually gain from the whole influencer ordeal, you need to make sure your influencer of choice actually likes your product. The majority of them wouldn’t risk losing their following, so if they don’t enjoy something – they’re honest about it. It’s the authenticity that people like in influencers. It’s why their followers pay attention to their opinions. Give your influencer of choice the best experience possible and you’re sure to profit from it.
The sea of influencers is vast and endless. This allows you greater choice, but can also be confusing if you don’t know what you want.
Beauty influencers marketing energy drinks just doesn’t seem right. But it does sound like a fitness guru’s cup of tea. Know your audience and get familiar with their favorite social media personalities.
Micro-influencers might be your best choice. Although they have a smaller following, their followers are often more engaged. Micro-influencers are also usually more informed about the things they’re interested in. Micro-influencer stats show brands are now paying more attention to those with smaller followings.
(Source: Digital Marketing Institute)
While a few years ago “internet personality” didn’t seem like a real job, nowadays it most certainly is. A profitable one, at that.
So ha-ha, mom.
You see influencers on basically every social media channel. While it did start as a fun hobby for some, these days the majority of the new wave are in it for the money.
And the new wave is already here. More and more people are proclaiming themselves to be a digital influencer. Especially on Instagram, which seems to be everybody’s favorite platform.
Research your influencers carefully. Some of them have bought followers in order to be noticed by brands quicker. It’s not the number of fans that matters most, though, precisely because it’s often misleading. Instead, look at how many of the said followers actually engage with the influencer’s content. Base your decision whether to work with them on that.
(Source: Influencer Marketing Hub)
Social media influencer marketing is the big thing in the last few years. But which social media exactly rules them all?
Digital marketing facts point to Instagram as the favorite social media platform of the masses.
Gone are the days where Facebook ruled the world. Instagram might even outshine YouTube. It offers everything – photos, videos, stories, IGTV.
You’re probably wondering – how many influencers are there on Instagram?
More than 500,000, apparently. So if your business is not on Instagram… what are you waiting for?
In case you’ve wondered if influencer marketing is still relevant, the short answer is a resounding yes.
Not only is it still going strong, but it’s not going anywhere soon. There’s a flood of influencers on the market. Some of them are doing it for the money, some of them just want their voices to be heard.
It might be difficult to choose, and the risk of betting on the wrong one and flushing your marketing budget down the drain might seem a tad bit worrying. Still, the solution is so simple, it might actually blow your mind.
Find some influencers with interests close to your brand. You don’t need to choose the one with the most followers. Pay close attention to how many people like and comment on their content. More often than not, micro-influencers have a more devoted audience. They are also more educated about their niche.
Make sure they have a pleasant experience with your product or service. And boom! It’s raining money!
Okay, that was a bit of an exaggeration, but you get my point.
Businesses are dedicating more and more of their budget to working with influencers.
You know how mothers say “If all of your friends jumped off a cliff, would you jump too?” Following the masses, especially when it comes to marketing, doesn’t seem like a good idea to many. We all want to be different, special and noticeable. But maybe just this time it wouldn’t be that bad to jump on the bandwagon.
If you’re still not sure, look at the numbers those influencer marketing stats provided. They really tell the whole story better than words can.
Well, that’s all for today.
Hopefully, you found those influencer marketing statistics interesting and informative. Till next time!