According to Jordensky, India is now called as a “Startup Hub” as it has successfully crossed 99,000+ active startups and 107 unicorn companies worth a whopping $30B. We are in the middle of what is popularly known as an Entrepreneural influx as social media is easily accessible to all and so are endless opportunities. But why should brands use social media and why influencer marketing? According to a 2023 Forbes India report a staggering 4.9 billion people use some or the other form of social media and standing at the height of its popularity are sites such as Instagram, Facebook, and YouTube. These sites are capable of retaining the audience’s attention for a longer period of time all thanks to the different types of content available on the internet at the behest of content creators or influencers. This makes social media a brewing ground for fruitful brand and customer interactions. The future is thus only secure for brands that know how to wield this power in their favour and grow online presence while simultaneously collaborating with social media giants – Influencers. Social media and influencers go hand in hand, the difference made almost negligible in the past few decades. It is a major boon yet a bane for industries and brands who don’t know how to use it to its fullest potential. This optimist article is set to resolve all doubts and make growing brands adept at effective influencer marketing strategies.
Since the advent of social media and content creation, influencers have always been at the frontline producing entertaining content for the viewers to enjoy, however it was not long before a transformation took place, from an entertaining art form to a professional employment opportunity. Influencers began earning from content creation and this was not from social media, but brands that paid in cash or kind. Most businesses/brands remained skeptical, still rooted in traditional business practices and fearful of change which led to stagnant sales and the risk of closing down. Social media stepped up during such challenging times and aided these businesses, arts and a dying culture by breathing life into their brands. Some of the most common ways in which influencers help your brand are listed below:
Social media influencers can vary widely, depending majorly on the numbers of followers that they might have, and although it’s a dream for brands to collaborate with the biggest influencers it is also crucial to find the right fit required to advertise the brand and its products/services. For example, you are a brand selling fitness products that are helpful for gym goers and are essential diet elements, you would not really collaborate with a fashion influencer with 1M followers but a fitness influencer even if they have less followers cause they understand the product and have an audience of like-minded people who have a higher tendency of reverting back to the collaboration/ad. It is thus extremely crucial to find influencers who fit the brand like jigsaw puzzle pieces. To categorize broadly there are 4 major influencer types namely: Mega, Macro, Micro and Nano Influencers.
Now you can aptly use these influencers marketing tricks to up your social media game and bring a revolution in the entrepreneurial world.
Almost half the battle is won once you identify the perfect influencer fit and implement these influencer marketing strategies in hacking the best possible strategy tailored to your brand/business. These strategies can help turn a new leaf in your brand building journey and help you in reaching your desired goal.
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