5 Influencer Marketing Myths for 2021

5 Influencer Marketing Myths for 2021

5 Influencer Marketing Myths for 2021 1024x512 - 5 Influencer Marketing Myths for 2021

Influencer advertising isn’t novel but it absolutely is for all time changing and marketers own strategies. Beneath are 5 total influencer advertising myths we’ve heard and are trying to debunk.

Delusion #1: Influencer advertising is a fad.

Indubitably, this could occasionally merely be honest, invent of. Hear me out.

Put up-COVID records shows a 37% decrease in brands working with influencers and a 41% descend within the efficiency of influencer advertising. 

On the artificial hand, brands are restful investing in influencer advertising, particularly thru nano and micro-influencers. I gape this shift as a more strategic methodology to influencer advertising and a method to redefine a tactic fraught with points. 

So, is influencer advertising a fad? 

In phrases of brands spending hundreds money on influencers with mountainous followings? Doubtlessly. 

On the artificial hand, in my explore, influencer advertising in phrases of nano and micro-influencers — particularly ones that resonate with arena of interest audiences —  is right here to end & will change into a truly well-known allotment of a strategic advertising mix.

So, what does this imply for marketers? 

Abet influencer advertising to your radar and dive deep into your personas to survey if nano and micro-influencers might connect you along with your audience.

Delusion #2: Influencer advertising is entirely successful for youthful generations.

Entrepreneurs across the arena are trying to woo the subsequent expertise of clients with influencer advertising. Indubitably, there are over 15 million search outcomes for “influencer advertising to Gen Z.” 

Within the intervening time, “influencer advertising to Gen X” and “influencer advertising to Boomers” own not up to 10 million outcomes blended.

What’s up with that?

I feel it largely comes all the manner down to the fantasy that influencer advertising is enough for youthful generations, which is merely not honest. Indubitably, older generations are spending an increasing number of time on social media and intriguing their having a see habits in the direction of online retail, transport providers and products, and subscriptions which methodology brands own more alternatives than ever to preserve discontinuance across generations. Gen X and Boomers also preserve a watch on the overwhelming majority of disposable earnings within the US.

Whereas some marketers are writing programs around youthful influencers, phrases delight in “Grandfluencers” and “aged influencers’ are turning into more popular. Influencers delight in Joan MacDonald and Helen Winkle are over right here residing their easiest lives as 70-year-vulnerable-plus influencers with almost 5 million followers blended.

Gen X also has some incredible influencers delight in Arlinda McIntosh and Ana Pejkanovic.

So, what does this imply for marketers? 

In case your audience entails Gen X and/or Boomers, influencer advertising might merely be worth a strive.

Delusion 3: Influencers have to own mountainous followings to be glorious.

We lined this a chunk in fantasy #1, but let’s dive deeper. 

Traditionally, influencer advertising methodology utilizing a social media user with a mountainous following. Right this moment, that definition is changing.

Whereas mega influencers (social customers with millions of followers) are the first factor many folk own when they suspect “influencer,” other teams are increasing in standing. On the artificial hand, there are differing opinions on what number of followers every workers has, especially within the micro and nano classes the set up some marketers train nano influencers can own as limited as 500 followers and restful be glorious.

  1. Mega: 1M+ followers
  2. Macro: 100Okay+ followers
  3. Micro: 10Okay+ followers
  4. Nano: 500 to 10Okay followers

Whereas influencers in total own a conversion price of around 3%, nano influencers are converting at upwards of 30% in some cases.

What does this imply for marketers? 

Entrepreneurs must restful gaze alternatives to work with influencers with arena of interest communities and be acutely aware that mountainous followings don’t equal higher.

Delusion 4: Influencer advertising doesn’t work for B2B corporations.

Here is merely not honest.

What does this imply for B2B marketers? 

B2B marketers must restful explore programs to lift influencers into their advertising, whether it’s thru workers, prospects, or social media influencers.

Delusion #5: Influencer advertising has no strategies.

In an October 2021 records open, the Federal Trade Fee acknowledged they’ve formally set up a total bunch of companies on perceive for “fraudulent critiques and other deceptive endorsements”. The penalty for deceptive patrons is up to $43,792 per violation.

What does this imply for marketers?

It methodology there are strategies you like to look at, and likewise you shouldn’t be a jerk and lie to and deceive folk. Score your self acutely aware of the FTC endorsement guidelines and comply to lead clear of complications and hardships.

2021 Influencer Marketing Myths Debunked!

There you might merely own it! 5 myths we wished to address so you might resolve if a dip within the influencer pool is worth exploration by you and your team. 

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