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Introduction
The nature of Influencers and the means by which they might foster consumer involvement.
Influencers are fast becoming the go-to people for business marketing needs, whether
huge or small. However, it is imperative to understand who these influencers are to understand
their heavy involvement in consumer decision-making clearly. Generally, people use social
media sites often when they want to know something. Every aspect of people’s lives revolves
around what is trending and not. These social media sites include Instagram, YouTube, TikTok,
and Twitter, among others depending on countries. The stars of these sites, which users most
follow, are labelled as influencers. In the video apps like YouTube, they are called vloggers and
have many followers. They are then used by companies depending on the products being sold.
Businesses are keen to identify influencers that suit their specific marketing needs to facilitate
consumer involvement and drive sales and profit margins. We've known about influencers for a long
time, but we've never really defined what they are. Marilyn Monroe, for example, was a major
influencer in the past. Monroe, was a model who rose to fame in America and around the world as a
result of her acting, where she became a sex symbol in an era when sex was taboo. She became
extremely well-known, and audiences were willing to pay to see her films, which were always made
with her sex appeal in mind because that was what they wanted to see. She had a big impact on
popular culture and is still remembered today, but she never used social media because it didn't
exist at the time.
The reason influencers advertise on behalf of different brands is because they are famous,
and a majority of populations admire their lives and lifestyles. Influencers accept these offers
because they are offered different forms of compensation. Depending on their popularity level,
some are offered free products for some time, others receive financial packages, while others are
given a share of the company and can receive dividends. Therefore, some influencers could gain
a lot from advertising a brand while others need to convince the parent company of their input to
boost their compensation package. For example, an upcoming comedian could be offered a
financial package like 500,000 euro for advertising a fast food restaurant, while an established
comedian like Dave Chappelle could be compensated a sum like 20million euro. However, it matters
less what the compensation package is than being offered the job. Some brands could build an
influencers brand to a point where they can negotiate for contracts with companies.
Influencers and firms enter into contracts that could be short or long-term and might
contain other instructions as per the partnerships. A company may ask an influencer to post about
its products several times a day until it is satisfied that consumers decisions have been
influenced. Influencers could be said to exist entirely in a world of their own. Their contracts are
entirely confidential and mainly do not involve the government like other agreements between
brands and advertising firms. People sometimes do not realize that the videos released by
influencers are advertisements. Since influencers release content regularly, they mistake ads with
regular content.
Conclusion
Consumer behaviour relies on the trending topics at a particular time, which has seen the
growth of people making their purchases online after seeing their favourite influencer using the
product. Customer decision-making has been put on an influencer rather than on research and
finances. It is becoming an excellent way for people to make money and reach their clients
without approaching their traditional marketing partners.
References
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Digital Marketing Institute. (2021, October 19). 20 Surprising Influencer Marketing
Statistics. https://digitalmarketinginstitute,com
Govindan, P., & Alotaibi, I. (2021, January). Impact of Influencers on Consumer Behaviour: an
empirical study. In 2021 2nd International Conference on Computation, Automation and
Knowledge Management (ICCAKM) (pp. 232-237). IEEE.
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Karaila, J. (2021). The role of social media influencer characteristics on consumer behaviour.
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