Tag: Influencer Marketing

Role of Social media in business today: 

The concept and implementation of marketing in social media is always changing, much like our attention spans. Advertising is now primarily done through social media. With Instagram and Tik Tok's brand values reaching all-time highs of 47.4 billion and 66 billion USD, respectively, businesses need to use social media in order to be relevant.

For one’s brand to create an impact online, businesses need to utilize the marketing giant that is social media. Within this giant lies

Social media has become a major marketing platform for many businesses in 2024. With it, the importance of influencer marketing has grown immeasurably. Previously hiring influencers meant enlisting celebrities for TV advertisements. Today, influencers span across all social media platforms varying in followers, size, and audience. According to Influencer Marketing Hub’s 2024 benchmark report, influencer marketing is projected to reach $24 billion by the end of 2024, more than tripling since 2019.

The world of business has changed dramatically over the past decade, especially with the rise of digital technology and the growth of social media. As a result, traditional marketing methods have become less effective, and small businesses are searching for new and innovative ways to reach their target audience and promote their products or services.

If you've been on Instagram, Tiktok, YouTube, Twitter or Facebook recently, you've probably come across influencers. Perhaps you've seen a fitness vlogger promoting workout gear or a beauty blogger promoting a new night cream. Influencers persuade a target audience to buy a product or service by leveraging their knowledge of a topic.

Companies and businesses spend a large amount of money investing in influencers to bombard consumers feeds and stories with #Sponsored, #AD and #Gifted posts, but is it worth it? Is it triggering their followers and overall audiences or motivating them to run out and purchase the items they promote?

With the rise of social media, it is no shock that companies are reaching out to the top influencers on these platforms to help with their marketing. With over 1 billion monthly active users (and more than 500,000 of them active every day) it’s no surprise social media influencers use Instagram as their primary platform. 

Instagram influencer marketing is only predicted to grow. According to HypeAuditor’s latest report, the influencer sector is predicted to grow by $8.4 billion over the next three years and reach $22.2 billion by 2025. We broke down what exactly an Instagram influencer is and how it works. 

Social media is taking an increasingly larger portion of any marketing strategy, where, as of 2021 - there are 3.96 billion people using some form of social media. It’s an ever-expanding landscape that allows for a multitude of interactions where influencers are partnering with brands for paid promotions, and brands are leveraging influencers to boost their brand awareness.

Instagram marketing is the way that brands use Instagram to connect with their target audiences and market their offerings. Recently, it’s gained popularity as an exciting method for brands to show off their cultures, recruit new employees, engage with customers, and show off products in a new light.

Let's say you are remodeling your house, and you need a contractor. You have done your research on multiple search engines and found a few options, but don't know who to choose. Before you commit to anything, you call up friends, family, or turn to Yelp, Instagram, Facebook, or any other online platforms to help you find the best person for the job.