Influencer Marketing Reimagined

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See what is happening in our world – who is influencing whom and why.

Influencer Marketing Reimagined

April 21, 2020

The effect of Covid-19 on influencer marketing 

R-Squared has created a State of Influencer Marketing Slideshare to assist marketers.

Slide content:

  1. Influencer Marketing Reimagined: The effect of Covid-19 on influencer marketing
  2. Overview: The uncertainty around Covid-19 is extreme, to the point of threatening business continuity. We need to find certainty despite the uncertainty. Statistically, brands that are optimistic towards media placements during a recession or crisis are far stronger after it’s over. Right now, the human touch is needed in marketing. This is what will be needed by an audience now, in order to strengthen the existing relationship and convince them to purchase products or services later.
  3. Landscape: Many industries cannot operate. There is a significant limitation. Those industries that cannot trade as usual, have either cancelled or reduced their budgets, while others are still communicating or increasing communications with their audiences. This is where audiences need human connection rather than brand messaging.
  4. Landscape: Global statistics are not applicable to South African buying behaviour due to the severity of the lockdown (South Africa’s lockdown is the most severe internationally). What we have seen is that there is a significant cut in ad spend. We know there is a partial shift to digital, as OOH and sports sponsorship is unable to run.
  5. Landscape: There is a risk of breaking a strong bond that was built over years with audiences if there is no communication now. Keep the communication open, even if a company can’t trade, so that the brand will be the first ones to be remembered by the consumers at the end of the lockdown. We believe that for most brands, it is no time to sell, it is time to be there for an audience, and to strengthen the brand affinity.
  6. Landscape: Fohr is an influencer membership network, and their research shows that the average screen time is up to 5h40 per day, an 18% increase during the Covid crisis. They noted that because screen time is increasing, so is the standard of content. Their statement is “As more and more people turn to e-commerce, there is an opportunity to put out impactful messaging that will nurture your current customers and provide value to them during these completely unforeseen circumstances.” Source: https://www.socialmediainformer.com/edition/weekly-communities-social-media-2020-04-04?open-article-id=13434383&article-title=the-impact-of- covid-19-on-influencer-marketing&blog-domain=later.com&blog-title=later
  7. Landscape: Followers are paying attention to this new era of content creation, with nearly 80% of influencers reporting higher engagement from their followers. The opportunity here is to engage audiences with content that is hyper-aware of and sensitive to its surroundings. People are much more likely to engage with content that is authentic and tasteful, than that which is ignorant of extenuating circumstances. Source: https://www.socialmediainformer.com/edition/weekly-communities-social-media-2020-04-04?open-article-id=13434383&article-title=the-impact-of- covid-19-on-influencer-marketing&blog-domain=later.com&blog-title=later
  8. Landscape: The Fohr survey also found that over 40% of influencers currently are reducing their normal rates, and the reductions average at 30%. Fohr concludes that optimal influencer marketing over the Covid crisis is to build brand communities. Source: https://www.socialmediainformer.com/edition/weekly-communities-social-media-2020-04-04?open-article-id=13434383&article-title=the-impact-of- covid-19-on-influencer-marketing&blog-domain=later.com&blog-title=later
  9. Context: Regardless of whether people have a good job or bad job, whether they have children or not, whether they have financial means or not, whether they’re in a relationship or single – we’re all in the same boat.
  10. Context: Even if an influencer is endorsing a brand, never has messaging through influencer marketing been more relatable. Whatever an influencer endorses right now relates to all of us, whether the content is branded or not, the audience relates much more to authentic influencers at the present time.​
  11. Context: Working with each influencer individually as to how they will execute their mission in their own way, is key for authenticity and resonates with their audience.
  12. Context: When influencers share what they miss about a product or experience, one visualises what they share. They create the dream for an audience.
  13. Context: Investing in increased communications during a recession or crisis results in long term gain. The natural approach is to cut spending (as a result of general fear or uncertainty), harming consumer relationships built over years. Agility and innovation in communication must be applied to strengthen the customer relationship, rather than putting it at risk.
  14. All generations have shifted primarily to online streaming and online video consumption, as a result of Covid-19. This is the first time ALL GENERATIONS are consuming their media in the same way. When sharing personal content, videos also capture the emotion and the authenticity in a much stronger way, which is even more powerful when coming from influencers with a person to person message, sharing real emotions.
  15. Media Consumption: Gen Z • Online videos • Online / TV streaming. Source: https://www.visualcapitalist.com/media-consumption-covid-19/
  16. Media Consumption: Millennials • Online videos • Online / TV streaming. Source: https://www.visualcapitalist.com/media-consumption-covid-19/
  17. Media Consumption: Gen X • Broadcast TV • Online Streaming. Source: https://www.visualcapitalist.com/media-consumption-covid-19/
  18. Media Consumption: Boomer • Broadcast TV • Online Streaming. Source: https://www.visualcapitalist.com/media-consumption-covid-19/
  19. Media Consumption: Millennials are the most active. Searches for Coronavirus, listening to music, and watching movies/shows have the highest activity. Source: https://www.visualcapitalist.com/media-consumption-covid-19/
  20. Buying Behaviour: In the USA and other international markets, consumers can still shop online. A survey of 1’000 US adults in Mid March discovered 42% of consumers were shopping more online, with only 8% saying they were engaged in less e- commerce. Source: https://www.valassis.com/infographics/latest-changes-in-consumer- behavior-amid-covid-19/
  21. Buying Behaviour: The virus also appears to be motivating many consumers to try on new shopping behaviours. Valassis (an advertising and marketing intelligence company that predicts consumer behaviour) found that at least under the circumstances, brand loyalty was being impacted: • 48% are remaining loyal to their usual/familiar brands. • 21% are purchasing a mix of usual and new brands. • 13% are “taking the opportunity to discover new brands.” • 19% are feeling less brand loyal, buying what’s available. Source: https://www.valassis.com/infographics/latest-changes-in-consumer- behavior-amid-covid-19/
  22. Social Media Usage: Social media usage in the United States is up. The same study found that 39% of respondents have increased social media usage, while 7% have decreased it. The remainder are consistent in their social media behaviour. South Africa hasn’t released statistics to support this, but due to the parameters of the lockdown, we believe these stats will reflect a far higher usage of social media. This also factors in that many who do not have access to data on their phones have access to wifi at home. Source: https://www.valassis.com/infographics/latest-changes-in-consumer- behavior-amid-covid-19/
  23. During the Covid-19 crisis, influencers have the capacity to create a much more powerful emotional connection and resonance to the brand by showing agility, innovation and creativity in producing content that will really show influencers and the audience are in the same situation, missing the same things.
  24. Market Examples – Automotive: Moms can relate to privileged moments with their kids. Roadtrips, driving the kids to their grandparents, or visiting a farm. When parenting influencers post content expressing how much they miss this experience, we relate and connect emotionally, even if the post is branded by an automotive manufacturer.​
  25. Market Examples – Alcohol: In South Africa, buying, selling and transporting alcohol is illegal under the lockdown. Many of us are in fear of running out of wine or beer before the end of the lockdown. When an influencer shares a throwback picture with an alcohol brand, he knows he will be unable to purchase again until the lockdown is over. Every sip he takes and shares online makes us feel like we can’t wait to try this wine, and this will probably be the first bottle we want to buy afterwards. This wine becomes the dream.
  26. Market Examples – Travel: The longer we’re in a lockdown scenario, the more we need to escape, and we dream of travelling. We all want to travel / get out of home. When travel influencers cannot travel and relive their last travel experience by sharing beautiful pictures and videos of their last trip, the audience shares the dream, even if the content is sponsored by a hospitality brand.
  27. Market Examples – Health and Medical Insurance: By being locked down, we all face the option of staying in bed more, exercising less, eating more comfort food, and not respecting or staying in a healthy routine. Influencers face the same challenges in their commitment and cannot go to gym. They would become increasingly aspirational by showing how to respect or start a healthy daily routine from home, from exercise to eating habits.
  28. Market Examples – Entertainment: Is working with the level of commitment, while home schooling your kids a challenge? It’s also a major challenge for influencers, who often also have a 9 to 5 job. Homeschooling while working from home can be exceptionally difficult. It’s hard to focus while children need attention. Influencers can bring awareness to this, showcasing how children stay entertained, while they’re learning, in partnership with gaming platforms and educational entertainment through streaming media channels.
  29. Market Examples – Education: Bored at home? Tired of not going out or going to work? eLearning channels can sponsor influencers’ education for the duration of the lockdown. Further, the education can be both professional and personal, focusing on upskilling knowledge and expertise, but also focused on learning how to paint, do yoga etc. Influencers can demonstrate their own personal journey to enlightenment.
  30. Market Examples – Virtual Experiences: Are you missing meeting up with friends and family? Influencers have the same experience. They can however connect virtually. They can invite their pods to Zoom meetings, challenging each other to select lookbooks from retailers’ websites. An example of an engagement mechanism could be: “I’ve found a picture of what I’d like to purchase after the lockdown lifts, what colour should I buy?” This could be a teaser, before the brand sends the products at the end of the lockdown.
  31. Conclusion – It’s critical to stay in contact with an audience, in a meaningful way. Everybody in a non-essential industry is stuck at home. Connect on a person to person level, and any brand will preserve the relationship with that audience in the future. One needs to be agile at this difficult time. Influencer marketing is not only for immediate sales but is powerful and maintains and/or creates excitement and brand love.
  32. Thank you: Are you a brand or an agency? Contact us to leverage your brand love through influencer marketing: partners@r2digital.co.za

Michelle Marais, Digital Marketing Manager

Michelle Marais

Michelle is the Digital Marketing Manager at R-Squared, a leading influencer marketing agency partnering with some of the largest brands in South Africa and internationally. Through this crisis, our team has seen a change in the marketing landscape, and we’re sharing this with you now.

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Influencer Marketing Authenticity

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See what is happening in our world – who is influencing whom and why.

Influencer Marketing Authenticity

November 13, 2018

In recent times, authenticity has become the most arbitrary yet lucrative world among marketers, brands, and even influencers but doesn’t it seem almost paradoxical to combine authenticity with marketing? In the conventional sense, maybe. However, when it comes to Influencer Marketing; it’s pretty much the sole reason as to why it works.”

In an Influencer Marketing survey that asked 170 marketers from CPGs (consumer packaged goods companies), food-and-beverage companies to retailers, 87% of respondents said that “influencer marketing’s top benefits entail creating authentic content about their brand.” So, why is authenticity so important?

“An influencer is a person who has the ability to shift another person’s perception by sharing an opinion.”

An influencer builds up a following based on people who enjoy their content and resonate with it. In doing so, an influencer develops a signature style that is true to them and only them. Influencers have thus built their following through being themselves and having a brand image that reflects them and interests their followers, and because of this, any deviation from this image is immediately inauthentic to their followers.

In Influencer Marketing, authenticity is greatly valued as it is the main attribute that sets it apart from other traditional marketing methods. It applies to both brands and influencers. Brands need to ensure influencers align with their brand when choosing which influencers to work with, while influencers need to remain credible when giving their reviews or opinion about a product or service. The byproduct of authenticity is, therefore, trust and loyalty.

From the brand’s perspective, building trust is a time consuming process, but if done right, it can result in the ultimate achievement: having gained an advocate for your brand. If the brand fits seamlessly into an influencer’s lifestyle, the influencer is more likely to immediately establish an affinity to your brand, leading to an authentic connection. When his/her audience sees this relationship, they know that the brand is not simply paying the influencer simply for the sake of promoting their product, but they work together to create a meaningful connection that brings together the brand as well as the community they both care about. In this case, the influencer is incentivized not for promotion but for their work in creating the content and for media usage, which is the act of creating and sharing their opinion with their captive audience on their own channel.

However, a common mistake that brands make when executing a campaign is assuming that the influencer’s content must perfectly match their ideas. Instead of scripting what influencers should say, how they should say it and giving specific instructions for how the photo(s) should look, brands should trust the influencer by giving them plenty of room for creativity to convey the message. The role of the brand or marketer is to create the perfect framework for the influencer in order to respect a brief, protect the brand equity and achieve campaign objectives, while leaving enough flexibility to create fully engaging and authentic content. Finding the right balance is a complex process and requires a great level of expertise. Influencers know how to create content that best resonates with their audience in order to maintain high engagement and continue to grow their following. By leaving the influencer with sufficient flexibility to express themselves in their own style, the content created will be very authentic, personalized and engaging in nature. It’s in an influencer’s best interest to create the best content possible — a concept that brands can greatly benefit from.

When it comes to disclosing paid partnerships and the effect thereof on credibility and authenticity, it becomes clear that disclosure actually enhances an influencer’s authenticity. Why? Even though an influencer is being paid to promote a product, they should only choose to promote products and services they believe in and ones that align with their own personal brand and image. Naturally, it is far more authentic and transparent to disclose partnerships than it is to hide them. Influencers have proven that they have become more powerful, as consumers find them more credible than traditional celebrities and conventional advertising campaigns.

Nobody likes to be lied to and while many people expect businesses to have a set agenda throughout their marketing, they look up to the prominent figures in their community and generally trust their words. At the end of the day, authenticity is what makes influencers influential to the public. Therefore, authenticity needs to be a top priority for both brands and influencers alike.

If you’re dying to know more now and you’d like expert assistance with creating and managing your influencer marketing campaigns, you can contact us on partners@r2digital.co.za

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