What is the Impact of Instagram Influencers on Online Marketing?
As
far as online marketing goes, Instagram influencers are rapidly gaining
importance. If you’re wondering how your brand or business can work with
Instagram influencers, here’s how this new breed of celebs have impacted online
marketing. Influencer marketing is extremely effective. Here’s why executing
your online marketing campaign through Instagram is the best step forward for
any brand that values growth, profits and ROI:
- Massive Reach
Instagram is a popular social media platform. According to Pew Research Centre,
it is presently the second most powerful social media platform after Facebook.
Nearly 32 percent of US internet users alone are on Instagram presently.
- High Engagement Rate
In
addition to this, Instagram is the most engaging social media platform, where
influencers can mould public opinion in tangible ways. TrackMaven, in one
study, found Instagram sees average interactions per most per 1000 followers.
The average engagement ratio is 29.67 on the platform, while Facebook only sees
16.54 average interactions per post for every 1000 followers.
- Influencer’s Choice
Instagram
is a wonderful platform and influencers know and prefer it. BlogLovin, in one
study of 2,500 micro influencers, found that a majority (59 percent) of them
used Instagram to engage their target audience. Additionally, influencer
marketing on Instagram just requires a bit of planning and budgeting to avoid
unnecessary costs. It is critical to understand that the influencer’s rate will
vary based on the follower size and the industry one is in.
According
to Influence.Co, influencers charge more as audience size rises. So, more than
2,000 followers may charge USD 124 per post. The price may rise to USD 258 for
influencers with 75 to 100 thousand followers and counting. The cost of working
with influencers also varies according to the sector in which influencers
specialise. Travel influencers and entertainment influencers charge most,
followed by home and lifestyle influencers.
- Finding the Right Influencer
Finding
the right influencer is equally crucial. In fact, this is one of the most important steps for online marketing. Instagram offers a lot of creative and engaging influencers
relevant to your brand and campaign. Additionally, they also have significant
reach. By defining the ideal influencer, the best influencer can be narrowed
down from potential influencers.
Looking
for influencers who are fans of your brand and create content about it is
important. Branded hashtags can reveal who has been talking about your products
and how these potential influencers can be tapped. If you’re looking to become an established
brand, it is important to use hashtags and filter out the right influencer for
your brand.
Once
the campaign has been executed, the metrics and parameters are also in place to
ensure that your influencer’s impact can be gauged online.
Thus
Instagram influencers have the power to shape opinions and impact the consumer
purchase decision journey. Choosing the right influencer can make a big
difference to your brand identity as well as your business bottom-lines. This
is what makes your digital marketing outcomes exceptional and ensures that your
brand stays ahead of the competitors and retains its winning edge, in the
present digital era.