INFLUENCERS, LIVE-SHOPPING AND NFTS - 2022'S SOCIAL TRENDS ARE JUMPING ABOARD THE E-COMMERCE ROCKET SHIP - Communicator ...
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INFLUENCERS, LIVE-SHOPPING AND NFTS - 2022’S SOCIAL TRENDS ARE JUMPING ABOARD THE E-COMMERCE ROCKET SHIP
2022 2022 With another year of uncertainty behind us, looking forward to bigger and better things has never been more exciting. Especially in the world of social media where things are always guaranteed to change. 2021 saw marketers fully embrace TikTok, delve deeper into Gen Z consumer habits and take to purpose led marketing in an ever-uneasy world. At Communicator, we’ve pushed full- steam-ahead into Instagram Reels, partnered with influencers across the creative spectrum, and looked deeper than ever into what makes our audiences tick. But where are we headed next? 2022 is set to be the year of social commerce. Online shopping in the midst of a global boom, with 1 in every 4 purchases now being made from a social app. It’s no surprise that brands are therefore looking for the best ways to take advantage. We’ve come a long way from posting a product and hoping it will sell – it’s all about creativity and tactics. FROM THE WAY WE PARTNER WITH INFLUENCERS 02 TO THE NEW TECHNOLOGY THAT’S AVAILABLE TO HARNESS, IT’S SAFE TO SAY THAT THE NEXT 12 MONTHS ARE GOING TO BE INTERESTING FOR SOCIAL, HERE’S WHAT TO KEEP YOUR EYE ON...
INFLUENCER LED 04 SOCIAL STRATEGY THE RISE OF 05 LIVE-COMMERCE SOCIAL 06 CONTENTS E-COMMERCE AUGMENTED 07 REALITY 08 NFTS AND SOCIAL
SOCIAL STRATEGY Missguided recently announced that influencer marketing now takes the highest percentage of their advertising spend, and is looking to turn to influencers not just for content but ideation, production and distribution too. With the intrinsic agility of the INFLUENCER LED influencer workforce, and their insider knowledge of their consumers, their speed and authority make them perfect partners for brands like Missguided. When it comes to taking on an influencer-led model, Missguided is in good company. From PLT’s hiring of Molly-Mae as their Creative Director, responsible for creative input from buying to influencer partners, to In-The-Style’s continuous influencer ranges, it would seem the fast fashion industry have the influencer economy well and truly tapped. At Communicator, we know that Millennials and Gen Z are more switched on to social trends and influencers than any other generation. Starting and ending your social activations with influencers – and sometimes even leaving the creative process in their hands – is a sure-fire way to guarantee you engagement and land the sales you need. For brands to keep up, influencers need to be brought into the forefront of what we do best; gone are the days of last-minute influencer budgets or that panicked end of year influencer spend. Brands should be taking a leaf out of Missguided’s book and working their influencer needs into a more holistic approach to social strategy, from bringing 04 influencers into long-term roles, giving them true creative control, or letting them in on the ground floor of your brand to help shape it alongside you. In such a fast-changing industry, new ways for influencers to get involved pop up every week, and newest to the list is influencer led live-streaming.
Worth an estimated $66 billion dollars in China alone, live-stream shopping is taking consumers by storm, and influencers are cashing in. Selling anything from cosmetics to mattresses, these QVC-style live shows are being built into dedicated social networks, targeting fans in their millions. Consumers can purchase within the interface and chat with other viewers, never having to leave the comfort of their home. LIVE-COMMERCE When it comes to the West, ever-so-slowly the market is catching up. YouTube have outlined plans to bring live-commerce to all their users in the coming months. Having already launched several live-streams in the run up to Christmas, their goal is to ‘allow anyone with a mobile device to easily host a live THE RISE OF shopping stream.’ Pinterest have announced live shopping, where viewers can shop the items used in live broadcasts hosted by their favourite influencers and crafters alike. Most recently, TikTok launched live shopping, promising large and small brands alike the opportunity to further target the Gen Z audience. With ecommerce integration becoming more and more sophisticated across social platforms, we suspect it won’t be long before Instagram take notice as well. But are UK consumers ready for it? Well, maybe. With influencers releasing merch, edits and hauls, there’s no doubt that their followers are buying what they’re selling and in YouTube’s case, we’ve found that’s certainly true. 87% of people say they get 05 the best information about products from YouTube, and 89% trust YouTubers to give good recommendations on what to buy. This is not surprising given the millennial trend towards a reliance on influencers, and a resurgence of late in long-form video content. When ad-fatigue is a growing problem for brands, and consumers are becoming more and more savvy to being sold to, live-stream shopping may be the wind under marketers’ wings, exposing audiences to something fresh and exciting that gets the job done. With social e-commerce also on the rise, there’s plenty to be looking to for help.
As shopping becomes more When it comes to Instagram, When it comes to adopting and more experience driven, this form of shopping has been these functions, it can be easy we’ve found that consumers around for a little while and for some brands to get left are relying on their shopping offers a similar click-through behind. Fashion and beauty are platforms to provide the ability to purchase online. However, primed for this type of shopping to shop easily, hassle free. In as demand grows for a better thanks to pre-existing consumer 2022, this is something that shopping experience – does favour towards them when social platforms are going to anyone actually like the in- shopping online, and there’s have to grab hold of with both app browser? – Instagram are hands. looking to continue developing opportunity for other types of their output. This development D2C brands to take this space E-COMMERCE TikTok has recently begun would allow consumers to not as their own, having grown up integrating shopping into their just click through to purchase, in a digital landscape already. platform, giving influencers but to purchase within the app the ability to share their itself. As this develops, it will be favourite products, and interesting to see how these followers the chance to click 60% of consumers are using brands grab hold of other through to purchase. On Instagram to discover new e-commerce trends, from TikTok the difficulty has always products, and with the gateway subscription models to AR. been with measuring ROI. to purchase becoming easier SOCIAL From a consumer point of view, to navigate, this is an exciting CONSUMERS ARE there has been a disconnect development for brands and between favourite TikTokers impulse-buyers alike. 06 RELYING ON THEIR recommending items and being able to find them to purchase; consumers, brands and influencers have all been missing out and will benefit hugely from SHOPPING PLATFORMS these new updates. TO PROVIDE THE ABILITY TO SHOP EASILY, HASSLE
Low barriers to purchase aren’t the In a study conducted by While Instagram’s AR ad only part of social commerce that ThinkMobiles, 63% of online options are limited to beauty and are getting us excited. AR in the consumers say that AR enhances sunglasses for now, retailers like guise of virtual try-ons are taking their shopping experience, and IKEA and John Lewis have been the digital world by storm, and 40% say they would pay more for using ‘try before you buy’ AR L’Oréal is currently leading the a product if they were able to try for a while; both retailers allow way. With more brands looking it on via AR. While social platforms you to view certain items in your to include AR into their social- have been trialling AR ads for a home prior to purchase, with great commerce experience, we can little while, and AR filters have success. Once Instagram expand expect only bigger and better things been around since Snapchat’s peak, their AR offering to more brands from AR moving into 2022. TikTok has intensified their use. and functionalities, and with More options are being brought into consumers at home more than ever, AUGMENTED the mainstream digital ad space there will be no limit to what we can and it calls for brands to upskill in try on from our sofas in 2022 and these areas if they want to be a beyond. part of the action. REALITY 07
What would a trend prediction roundup be Two of the biggest social platforms have NFTS AND SOCIAL without mentioning the internet’s newest begun their own work on bringing NFTs into buzzword – NFTs? One of the more polarising the forefront of their interface. Instagram are trends to come out of 2021, conversations working on a new NFT display option, and around NFTs and social are never too far away. Twitter are ‘in development for an updated profile image display process’. This feature Enter Octi, the NFT-first social platform set will enable users to show off their NFTs, found to rival Instagram, TikTok and Snapchat. in their crypto wallet, on their Twitter profile in Combining the metaverse, digital coins and the form of a hexagonal display picture. Once NFTs under one roof, Octi is well and truly the the profile picture is clicked, the owner will be social app for the ‘uber-online’; we’re not just tagged as well as the original artist to ensure posting brunch on Instagram anymore. Another providence is upheld. app playing with AR trends, Octi allows you to create video content and earn online currency With brands like adidas and whiskey brand when that content is engaged with. The app Glenfiddich getting involved with the NFT also allows users to import their own NFTs for hype we’re looking forward to seeing how more others to use in their creations – every time your and more brands play this out on socials, from NFT gets used, you get paid. Brands can even auctioning off brand-made NFTs to bringing drop new releases in NFT format in-app. NFT art into their social asset banks. Still, with only 39% of Brits thinking that NFTs are the 08 This is a bit advanced for the general social art of the future, brands might have to rely on media user, so where can we interact with capturing attention in a traditional sense for a NFTs without having to look too hard? little while longer.
As far as years go, 2022 is set to be a 2022 2022 2022 IS GOING TO busy one and brands and marketers have a lot to get their heads around. On BE A BIG YEAR... one side, influencers will continue to sit at the top of the social food chain; from influencer-led brands to becoming the face of live-streams, there seems to be no stopping them. Looking down towards channels, social led ecommerce is set to rocket as the shopping experience is brought in-app and brands explore new was of connecting with their consumers through the likes of AR. Finally, NFTs are going to go fully social, accessible for the world to set as their profile markers across platforms or as a social media in themselves. If all of this isn’t enough to get you excited 09 for the year ahead on social, I don’t know what is?
INTERESTED IN HEARING MORE? If you would like a complementary social audit to see how your brand can benefit from our audience first approach, or even just a chat please contact danielle.smith@communicatorlondon.com ABOUT COMMUNICATOR LONDON Communicator is a social first creative agency that focuses on the person behind the platform. We pride ourselves on social thinking with an audience first approach, with a client portfolio spanning the likes of Jack Daniel’s, BrewDog, PepsiCo, Chicago Town Pizza and Lavazza. Working with clients we provide strategy, creative, content production, influencer marketing, paid social media management and more. Part of the Captivate Group and based in the Tea Building in Shoreditch, London, we’re a perfectly blended team with big ideas and big ambition.
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