Professional Documents
Culture Documents
Prepared For
Comm 198 Writing Assignment 2: The Report/ Business Case
Prepared By
Preyal B. Dalwadi And Ankit Ankit
Fleming College
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Contents
EXECUTIVE SUMMARY..........................................................................................................................iii
INTRODUCTION.....................................................................................................................................iv
FINDINGS...............................................................................................................................................v
DATA ANALYSIS....................................................................................................................................vii
CONCLUSION AND RECOMMENDATIONS:...........................................................................................vii
References..........................................................................................................................................viii
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EXECUTIVE SUMMARY
Influencer marketing plays vital role in marketing industry to advertise products and services
across all the industries to affect consumer buying behaviors through social media platforms
such as Tiktok, Instagram, Facebook and other such sites. If certain characteristics are
possessed by an influencer, it will strongly create an impression in the minds of potential
consumers and also it will add more satisfaction to the existing and loyal customers.
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INTRODUCTION
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FINDINGS
Social media, internet space, and television have become part of everyday life. As a
result, influencers have become more and more influential and are influencing consumer
buying behaviour. Different characteristics of an influencer are as follows:
In Influence Marketing, ads are developed and delivered by influential people, opinion
leaders, rather than by the brand itself. They lead by example rather than using word of
mouth to convince the customer to purchase the product.
1. AUTHENTICITY: It is because of this attribute that influencers are well-suited to the job of
spokesman; perhaps even more so than celebrities. According to one study, people
appreciate relatability two times more than the celebrity of the spokesperson when
evaluating product endorsements. Sixty-three percent of customers asked indicated they
trusted influencers' word over how brands present themselves in marketing.
2. Creating Expert Content: To become an influencer, you don't need a master's degree
or specific training. However, in order to build a large and genuine following, one must
be able to create material that stands out in a sea of content vying for consumers'
attention. According to the Content Marketing Institute, the majority of marketers (53
percent) consider their content marketing efforts to be "moderately effective."
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3. Community Management: Beyond establishing a following, an influencer's role
entails fostering a real relationship with their audience. Answering questions from
their followers, organizing competitions, and resolving heated arguments are all part
of the job (5 Characteristics of a Good Influencer, n.d.). Influencer marketing relies
on the strength of the influencer-follower relationship above all else. Authentic
influencers, like Ferguson, participate actively in the lives of their followers,
commenting, like, and clarifying—all of which contributes to a strong link.
4. Trust: Much like authenticity, maintaining trust between the influencer and the
audience is critical; strong influencers understand this. After all, trust drives our
every decision, whether it's in the information we rely on, the people we associate
with, or both
5. Passion: If authenticity is the glue that holds influencers and audiences together,
passion is the fuel that drives them forward. Passion can't be faked, just like honesty.
Influencers serve as aspired role models for their followers. Influencers let people
witness relatable, likeable people pursue their aspirations and ideas right in front of
their eyes, whether it's in fashion, woodworking, home design, or food. (5
Characteristics of a Good Influencer, n.d.).
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A former Strategy Consultant, Leonie Hanne from Hamburg, Germany has firmly secured her
position as one of the top fashion influencers in the world. Leonie’s content is primarily
focused on fashion, promoted across her channels where she has more than 5.3M followers
on TikTok and YouTube combined. She works with a range of prestigious brands such as
Chopard, Dior, Fendi, Givenchy, Louis Vuitton, Swarovski, Tommy Hilfiger, and Balenciaga.
We named Leonie one of the most influential fashion trendsetters of 2020 in our
partnership with Lyst. Leonie’s impact for high end brands can’t be denied as she generated
an impressive $1.22M in MIV® for Balenciaga in 2021.
DATA ANALYSIS
Influencers on Twitter make your already-effective advertising efforts even more effective.
According to our findings, individuals who were exposed to brand Tweets exhibited a 2.7x
increase in purchase intent compared to those who were not exposed to a brand Tweet The
increase in purchase intent was more than quadrupled to 5.2x when participants were
exposed to a campaign that included both brand and influencer Tweets.
Influencer marketing is dominated by blogs and Facebook, with YouTube, Instagram, and
Twitter trailing far behind Blogs were cited by 37% of respondents as their most effective
platform, while Facebook was cited by 25%. (IJIRMPS, 2021).
According to The State of Influencer Marketing 2021 research, 48 percent of respondents
executed influencer campaigns, with interest in using influencers on TikTok increasing 325
percent in only one year.
Influencers are trusted by 70% of teenagers more than traditional celebrities.
Not only do 49% of consumers rely on influencer recommendations, but 40% have
purchased something after viewing it on social media sites like Twitter, YouTube, or
Instagram. (DIGITAL MARKETING INSTITUTE, 2021).
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References
(2021, OCTOBER 19). Retrieved from DIGITAL MARKETING INSTITUTE:
https://digitalmarketinginstitute.com/blog/20-influencer-marketing-statistics-that-will-
surprise-you#:~:text=49%25%20of%20Consumers%20Depend%20on%20Influencer
%20Recommendations&text=Not%20only%20do%2049%25%20of,likely%20to%20make
%20a%20purchase.
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