Influencer Marketing Trends You Need To Know
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In the world of marketing, influencers play a vital role in growing brands. Their ability to promote partnerships and advertisements has become a common sight, showcasing the significance they hold in the industry. If you've considered teaming up with influencers to promote your business, you understand the power they possess.
The influencer phenomenon has gained significant momentum, revolutionizing how brands market their offerings to diverse audiences. These efforts are scalable and provide companies with a global reach. As we enter 2022, the global influencer market is valued at a staggering $13.8 billion, affirming the long-term presence of influencer marketing.
To ensure your business thrives and stays ahead of the curve, it is crucial to position yourself optimally and stay updated on the latest industry trends. Navigating the ever-changing landscape of social media marketing and the widespread use of influencers may seem overwhelming. To simplify matters, let's explore the essential elements of influencer marketing to look out for in 2022!
Meaningful Connections
Since the outbreak of COVID-19, our lives have undergone significant transformations. In these uncertain times, we have adapted to unforeseen circumstances and embraced new changes.
As our ways of interaction have shifted, the importance of authenticity has reached unprecedented levels. Consumers now deeply value a company's messaging, vision, and future goals, surpassing mere product or service offerings. So, how will this impact influencer marketing?
In 2022, the key focus lies in forging enduring partnerships with influencers who resonate with the brand's message. These collaborations will be founded on shared purpose and mutual benefits, extending beyond simple sales pitches. Moreover, the decline in single sponsored posts can be attributed to the time required to cultivate these genuine relationships. Going forward, be prepared to invest in long-term commitments, as they are essential for effective influencer marketing that drives brand awareness and sales.
Purposeful Content
The dynamics of content marketing have been reshaped by the collaborations between brands and influencers. To ensure long-term user engagement and increase retention rates, it is crucial to adopt a relevant strategy that unifies all the content produced through influencer partnerships. The essential element to achieve this is to consistently uphold a central message within your campaign.
Consider your brand's unique value proposition and how it aligns with the influencer's platform. The true value of the partnership lies in the intersection of your brand and the influencer's brand. The key takeaway is to collaboratively develop sponsored content with the influencer that delivers value to your shared audience.
Micro-Influencers
The utilization of micro and nano influencers for brand growth is gaining momentum as another trending topic. These influencers possess niche followings and cater to specific target audiences, making them instrumental in achieving highly targeted marketing results. Relying solely on a broad approach and prioritizing influencers with large followings may not always yield effective outcomes. Instead, micro-influencers unlock access to niche markets or specific segments that present a unique opportunity for your brand to establish a profound connection with the intended audience.
Moreover, a study conducted in 2019 highlighted that micro-influencers, particularly those with less than 25,000 followers, exhibit the highest engagement rates at approximately 7%. This finding serves as another important consideration when determining how to allocate your brand's influencer marketing strategy.
The Growth Of Esports
In recent years, the gaming industry has experienced remarkable growth, giving rise to a new wave of gaming influencers. These influencers are no longer limited to platforms like Twitch; their dedicated audiences have expanded to encompass YouTube, Instagram, and TikTok. The interactive world of esports attracts a diverse community of passionate and engaged fans, making it an appealing market for brands from various industries to showcase their products and services.
With a global market value of $1.08 billion in 2021, esports has undeniably penetrated the mainstream, offering immense opportunities for promoting brand awareness. Esports influencers have the ability to reach vast audiences across multiple platforms, a trend that both gaming and non-gaming brands should carefully consider as they enter 2022.
The Rise Of TikTok
If you had any doubts about the relevance of this platform before, it's safe to say that TikTok is here to stay for the foreseeable future. In 2021, TikTok witnessed a staggering 3 billion downloads and amassed over 689 million active monthly users worldwide.
What sets TikTok apart is its exceptional engagement rates, surpassing many other platforms. A study even revealed that Canadian users spend an average of 22.6 hours per month on the app. The addictive nature of the app, with its short-video format and unique algorithm that offers exposure to all creators, captivates both creators and viewers alike.
Marketers and brands have recently recognized the potential of TikTok to build genuine connections and showcase an authentic personality. In 2022, as more influencers seek to expand their presence and tap into all that TikTok has to offer, brands will follow suit and leverage the platform's interactive features. Ultimately, TikTok influencers will serve as the conduit through which brands can collaborate and reach their desired target audience.
Video Content
In recent times, video content has emerged as a dominant trend, and it appears that this trend will continue well into 2022. Short-form video content, exemplified by platforms like TikTok and Instagram Reels, has arguably become the most popular type of content on both apps.
Consumers are highly engaged with this form of content, surpassing other types. Hence, brands should take this into consideration while devising content strategies to enhance engagement. Sponsored or partnership content will predominantly be in the form of short-form videos, and brands should also explore integrating more video content into their social media strategies.
In summary, influencer marketing is not going away any time soon, and staying informed about its dynamics will provide your brand with a unique competitive advantage. Whether you acknowledge it or not, harnessing the power of influencer marketing can become a pivotal element in your brand's journey towards success.