The Rise of Influencer Marketing - Priell
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325% Increase in Google Searches for “Influencer Marketing” in 2018 United States. 1/1/04 - 7/18/18. Web Search. Source: http://mediakix.com/2018/03/influencer-marketing-industry-ad-spend-chart/#gs.bPGJ57g 2
Influencer Marketing: A $10,000,000,0000 Industry by 2020 Source: http://mediakix.com/2018/03/influencer-marketing-industry-ad-spend-chart/#gs.bPGJ57g 3
Consumers Want Convenience & Personalization. Trust is Key Influencer marketing arose in response to how selective users can be in the content they consume. Curated feeds, ad blockers, and privacy controls enable users to have as much or as little contact with advertisement as they desire. Avoid Ads Personalized Content Buy with Confidence 4
1880s Baseball cards included in cigarette packs 1984 Nike signs MJ 1991 1994 Suzanne Somers + ThighMaster From Athletes & George Foreman Grill Celebrities to Digital Influencers, Social Media is 2013 Dude Perfect + Kay Jewelers 2018 Changing the Kim Kardashian + Scope of Influencer Marketing 5
Who are Digital Influencers? A digital influencer is someone who has increased their social presence by creating content that engages audiences. They have the ability to affect opinions and change behaviors because they are trusted sources of information amongst their following. 54% 66% 60% 82% of female consumers of consumers prefer of customers used a of consumers are purchased a product the personalization of blog or product likely to follow a after seeing it influencers to their review to make recommendation recommended by a interests purchasing decisions made by an digital influencer influencer 6
Experts Agree: Influencer Marketing is Here to Stay “To write off Influencer Marketing as a fad is a foolish game. Brands will figure out how to collaborate with culture creators and harness the distribution of curators. They’ll get these two groups feeding off each other and build them into the core of integrated marketing campaigns from the start.” - DAVID ARMANO, GLOBAL STRATEGY DIRECTOR, EDELMAN 94% 60% 82% 60% Of marketers who use of marketers believe Of retail brands are Of brands are influencers believe it is influencers are working with increasing their effective for awareness effective at driving influencers as of 2018 influencer marketing sales budgets in 2019 8
Save Money, Get Liked, Drive Sales 69% of brands use influencer marketing for content creation, distribution, and amplification 66% More Cost Effective 16x More Engagements Influencers are 10Xs for Content Creation on Influencer content Vs. more likely to drive in- when working with Influencers vs. working with paid advertising store purchases traditional content studios for brands than other and/or agencies forms of advertising 9
Foot Locker EU Drives Engagements with Influencers Influencer Post: Brand Re-post: Brand Non-Influencer Post: 380,205 Likes 28,860 Likes 8,691 Likes Influencer Followers: 4MM Brand Followers: 1.2MM Brand Followers: 1.2MM Engagement Rate: 9.5% Engagement Rate: 2.4% Engagement Rate: .72% Post Date: Feb 22, 2018 Post Date: Feb 23, 2018 Post Date: Feb 22, 2018 13X Engagement Rate of 3X Engagement Rate of Less than 1% ER Non-Influencer Content Non-Influencer Content 10
Nordstrom Drives Millions In Sales With ‘Superinfluencer’ STRATEGY Nordstrom paired with popular fashion influencer, @somethingnavy, to curate her exclusive fashion line. Using her stylistic knowledge and her captivated audience, Nordstrom hyped the upcoming collaboration with a series of previews, posts, and Promotions on her Instagram feed. RESULTS $1 million of sales in 24 hours • In just one day, Arielle Charnas reported that Nordstrom earned over $1 million in sales of her exclusive clothing line. Items were immediately resold on E-Bay, a reflection of the incredible popularity of the campaign. Source: https://wwd.com/fashion-news/fashion-features/superinfluencer-something-navy-nordstrom-drives-millions-in-sales-11009231/ 11
NA-KD Fashion’s Micro-Influencer Program Drives Sales STRATEGY “We once collaborated with an influencer NA-KD Fashion, a Swedish fashion retailer, maintains a from the States with 1.6 million followers— massive influencer marketing affiliate program to amplify much to our surprise, she didn’t deliver. the reach of their Instagram account, which now boasts 1.7 “We then connected with a super cute million followers. NA-KD gifted thousands of influencers German influencer with a following of free products and promotional codes to scale their voice to around 350,000. Through her channels, she over 150 countries. generated a ridiculous amount of sales within the first 24 hours— RESULTS we were blown away and Generated 1.7 million Instagram followers in just 3 this ultimately proved that years, and became the 4th most mentioned fashion engagement and trust are brand on social media the key to success for an • Using micro-influencers as their primary vehicle for promotion, NA-KD influencer.” - NA-KD co- vaulted themselves into the fashion fray in 3 short years, becoming one of founder Ivana Vrbenski. Europe’s top-20 fastest growing companies and competing with the likes of fashion giants like Zara. 12
Bonobos Uses Photographers To Boost Engagement STRATEGY Bonobos, an e-commerce focused men’s fashion chain, uses influencers to promote many of its seasonal collections. Partnering with @fosterhunting, a talented photographer with 1 million Instagram followers, Bonobos utilized his unparalleled talent to create high quality content showcasing the brand’s Summer collection. RESULTS 5 million impressions, 68,000 engagements, and a twofold increase in brand engagement Bonobos Instagram Followers: 117k Followers • Bonobos doubled their brand’s engagement as a result of the as of Oct 10, 2018 campaign, leading to increase awareness and positive perceptions of the seasonal collection. Foster Hunting IG Followers: 1MM as of October 10, 2018 13
White Wave Foods Drive 10% Lift in Sales with Influencers STRATEGY White Wave Foods used 258 influencers to create social media and blog content, and amplify social presence for their campaign promoting Silk. RESULTS • Consumers exposed to the influencer content purchased 10% more products than the control group • The ROI of the blog posts alone was 11X the ROI of banner ads in one year • Each 1K people viewing the influencer content purchased $285 worth of products over the control group, a total $285,000 MORE than the control group 14
McDonald’s Gets an ROI of $5.50 & Positive Brand Sentiment GOAL Dispel myths on what type of meat is used in Chicken Nuggets STRATEGY Have Raphael Gomes, a foodie with a strong YouTube channel, create a video on how McNuggets are made as an ad. RESULTS ROI of $5.50 dollars to each dollar spent on the campaign and those who saw #GoodToKnow ads said they were more likely to trust McDonald’s and believe in the quality of the food. *AUDIENCE DATA AVAILABLE ON JULIUS 15
Pedigree Drives Engagements with Influencer Story Selling STRATEGY Pedigree worked with influencers such as Kristyn Cole who promoted the “Buy a Bag, Give a Bowl” campaign through their social media channels, blog posts, and videos. They shared touching stories about their pets to appeal to followers’ emotions and encourage them to buy bags of Pedigree food. RESULTS Gained 30% cost efficiency getting influencers to create content vs. paid social ads • 43M+ impressions • 9.3K+ blog post engagements • Helped Pedigree win the love of their target audience, appealing to the emotions and responsible nature of their consumers 16
Bigelow Drives Sales with Educational Content STRATEGY Maybelline worked with beauty influencers like Kimberly Pavao who helped create content related to beauty tips and tricks, as well as beauty hauls. These influencers worked to drive in-store traffic and promote the in-store displays to highlight the product. RESULTS Maybelline’s influencer program Drove 1.3x’s the media value compared to other paid social channels • 73.7K content views • 35.7M total impressions 17
Bigelow Drives Sales with Educational Content STRATEGY Influencers incorporated Bigelow tea into their content in different ways. Some created original recipes using it, and others turned the packaging into DIY art. Blogger Ashley Thurman provided her readers with a recipe, Jess, of A Million Moments provided her readers with a guide to creating beautiful flower pots from the tea packaging. RESULTS 18.5% increase in sales • 32K+ blog post engagements 18
Gerber Drives Sales with Mommy Bloggers STRATEGY Gerber worked with 324 influencers specializing in different niches – from travel and active living to food and parenting – but all had children below two years of age. Each created original blog posts & social media posts about their kids enjoying Lil’ Beanies. They also encouraged their audience to visit the official Lil’ Beanies landing page in order to download a digital coupon. RESULTS 5% national sales lift for Lil’ Beanies products • 260K clicks, likes, comments, and social shares/retweets 19
Redu + Simply Be Leverage Instagram Influencers for Story Selling STRATEGY Simply be, one of the leading retailers and innovators in plus-size fashion, wanted to reach new audiences and increase sales using plus-sized beauty influencers on Instagram. Partnering with UK publisher, Redu., Simply Be leveraged the power of plus-sized beauty influencers to post about how their swimwear made them feel confident in their skin. RESULTS The campaign drove 10K orders at a cost-of-sale of just 3.11% • Redu won the Performance Marketing Award for Best Influencer Marketing Campaign in 2018 20
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Great Results Start by Making Data-Driven Decisions Recruiters use LinkedIn Home Owners use Angies List Marketers use Priell to research to discover candidates to discover contractors that & recruit influencers that are aligned with their job spec match their needs likely to drive best results 22
Priell offers an end-to-end influencer marketing service. We prioritize brand safety by manually vetting and curating every influencer profile before allowing influencers onto our platform. With Priell, you can make smarter influencer selections, organize and track activity with influencers, and measure results all with 1 point of contact.
Challenges We Solve Influencer Discovery Influencer Management Analytics Priell provides the most Organize & safely store Manage, Launch, and Analyze robust, vetted datasets on proprietary data you’ve collected campaign activations. influencers & their audiences on influencers in one-safe place Comprehensive reports at any to help you make informed while streamlining time and the ability to see influencer selections. Every communication and providing what campaigns people are single profile is manually transparency across your working on across teams and vetted by our research team. organization. brands. 24
Brands already benefiting from our AI Influencer Technology
Priell Services & Support • Unlimited reports, campaigns, messaging, and downloads • Unlimited support from our research team to add new influencers per your request, discover and add new influencers that meet your marketing needs • Support from our customer success team to ensure successful platform adoption • Quarterly educational webinars on trending topics • Customer loyalty programs that unlock value • Access to content on influencer marketing best practices, platform features, and POV on trending topics
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