In the ever-changing world of digital marketing, one strategy’s been making waves – influencer marketing. Tapping into the influence of social media stars can be a game-changer for businesses looking to boost their digital PR efforts. We’ll look at how an influencer marketing strategy can help you connect with your target audience, enhance your SEO, increase engagement, and drive sales – with minimum effort.
What is influencer marketing?
Influencer marketing is a powerful digital marketing strategy that partners with people with an engaged following on social media like Instagram, YouTube or TikTok. These influencers help businesses and brands promote their products or services to a wider, more targeted audience.
The influencer market is booming at around $20 billion globally, and a massive 72% of millennials and Gen Z are loyal followers. But only 25% of marketing people are exploring how influencer marketing can be used to support digital PR campaigns.
Like businesses, influencers come in various shapes and sizes:
Influencer Type | Follower Count | Description |
---|---|---|
Nano-influencers |
1,000–10,000 |
Although they may have a smaller reach, nano-influencers often have higher engagement rates, making them ideal for niche products or local campaigns. They’re also typically the cheapest, or don’t require fees. Some nano-influencers will accept product only for their services. |
Micro-influencers |
10,000–100,000 |
Striking a balance between reach and engagement, micro-influencers are popular with businesses looking for authenticity – where the influencer genuinely uses or believes in the product or brand. They’re usually more niche-focused too. |
Mid-tier influencers |
100,000–500,000 |
Mid-tier influencers may have spent years building their following, so are usually very experienced in creating content, with a great connection to their audience. |
Macro-influencers |
500,000-1 million |
Macro-influencers tend to be high-profile people, boasting a substantial following. However, they can be expensive, and it’s been seen that engagement rates may drop as the following grows. |
Mega-influencers |
1 million+ |
These digital celebrities possess massive followings that can give your business a global presence, but you’ll pay a lot for the privilege. |
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