It’s safe to say that the days of successful traditional advertising are long gone. It’s no surprise that Instagram influencers have become so popular; today’s consumers place a high value on suggestions from their peers.
The key to gaining influence and the opportunity to work with major businesses who want to promote their products by breaking through the clutter and leveraging the connections of important users is to build a large and engaged social media following. Furthermore, every year there are more and more influencer marketing initiatives.
One survey estimates that the influencer marketing industry is now worth $9.7 billion, up from $6.6 billion a year ago, thanks in large part to the confidence of marketers (91%). Instagram is a visual medium with the most engaged user base, and as such, 87% of respondents utilise it for influencer marketing.
What Makes Instagram Influencer Marketing So Effective
Given that 90% of Instagram’s monthly active users follow at least one company, it’s no wonder that enterprises of all sizes are turning to the platform to promote their products and services. The number of companies using Instagram is staggering, at 25 million.
Brands are turning to Instagram influencers to spread the word about their products because, despite the platform’s intense competitiveness, doing so may provide positive results.
Not only do 78% of marketers believe that Instagram Posts and 73% believe that Instagram Stories are the most successful content formats for influencer marketing, but 69% of marketers expect to spend the majority of their influencer marketing spending on Instagram.
Many Instagram users are competing to become “influencers,” or people who are valuable enough to attract the attention of marketers, so that they may monetise their accounts.
There are three key reasons why Instagram is extremely effective for influencer marketing:
- Instagram influencers use a variety of visual content, including photos and videos, on this network.
- People like to follow influential individuals on Instagram since it has the most active user base.
- You may use its many built-in tools to communicate with your fan base.
- As the use of Instagram influencers in marketing efforts is on the rise, it’s time to examine the advantages these campaigns may offer to both brands and personalities.
What the advantages are for both brands and influencers when using Instagram for marketing purposes
Sixty-five percent of Instagram users say they follow influential individuals to stay abreast of their ideas and perspectives. Doing influencer marketing campaigns on Instagram is a win-win for brands and influencers because of the positive reception their content often receives from the platform’s user base.
There are several benefits for company owners and marketers to collaborate with popular Instagram users.
- Rapidly expand your audience
- Boost customers’ familiarity, attachment, and faith in your brand.
- Create awareness for goods and services
- Showcase customer testimonials to boost sales.
- Boost online purchases
- Make pictures using user-generated content for your social networking accounts.
- Better comprehend who your intended audience is.
And here are a few more for Instagram influencers to work with brands:
- Win over more fans.
- Boost the percentage of active users.
- Get no cost access to the things you care about.
- Create a revenue stream with your Instagram account.
- The importance of hiring a pro photographer
- Grow in stature and might.
Many brands and influencers are interested in working together, but they are unsure of how to connect on Instagram, form productive collaborations, create an effective marketing strategy, and ultimately see results from their efforts.
It’s crucial to recognise the distinction between regular Instagram users and influencers in today’s highly competitive market. Consequently, it is important to learn how to recognise Instagram influencers and classify them into one of four broad categories.
Instagram Marketing: 5 Tips for Success with Influencers
These days, influencer marketing may be a game-changer for your brand if you use it correctly. Here is a list of the 5 best practises for working with Instagram influencers that may help any brand take their business to the next level and serve as inspiration for your next influencer marketing campaign.
1. Initially, Solicit UGC
An overly polished brand’s content isn’t the most effective to publish on Instagram in this age of authenticity, when consumers admire businesses that are honest and deliver on their promises. Contemporary consumers are 2.4% more likely to agree that user-generated material is more authentic than brand content.
2. Include influential people by having them come to your offline event.
Advertising may be done both online and offline. Working with influencers is a terrific method to advertise your event, attract your desired audience, and increase attendance, whether you’re hosting a fashion party, grand opening, or conference.
3. Provide Samples of Your Products for Critical Evaluation
As a result, businesses may enhance their e-commerce sales by appealing to Instagram users. Before you can expect to make any sales on Instagram, you need to convince your audience that your product is worth trying. It’s a terrific approach to give social proof and relieve the troubled minds of other customers by giving brand gifts for evaluation, since most shoppers check customer reviews before making the purchase choice.
4. Host a Contest
Every Instagram celebrity or influencer has one primary goal: to increase their fan base. Influencers always look for fresh approaches to content creation as a means of attracting new followers and fostering relationships with their existing fan bases. So, they frequently arrange and host freebies, as consumers enjoy this type of material.
5. Ask for comments from clients
Successful companies realise the importance of client feedback in gaining insight into their target market and determining whether or not their products are a good match.