NZ Business + Management

FOLLOWING THE LEADERS

INFLUENCER MARKETING HAS TAKEN THE WORLD BY STORM, AND NEW ZEALAND IS CATCHING UP FAST. GEORGIA MCGILLIVRA­Y EXPLAINS HOW IT WORKS; HOW TO ENGAGE THE RIGHT INFLUENCER FOR YOUR BRAND.

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Influencer marketing has taken the world by storm. Georgia McGillivra­y explains how it works and how to engage the right influencer for your brand.

Influencer marketing is the process of brands and influencer­s collaborat­ing, to spread the word and influence purchase decisions about a product or service. This is achieved by an influencer posting via their large social channels to endorse a product, in exchange for products or payment. Social media influencer­s are passionate social content creators who have a ‘significan­t’ online following and can ultimately assist brands in influencin­g purchasing decisions.

Influencer marketing is not a new concept. It dates back to the Palace of Versailles where paintings would feature royals wearing pearls – influencin­g their peers to purchase pearls too.

The 1900s saw the rise of TV and billboards, and with that came celebrity-endorsed products – for example, Britney Spears promoting Pepsi, David Beckham working with H&M, thereby influencin­g viewers that Pepsi or H&M was a cool brand to be aligned with.

The Internet allowed for a whole new wave of celebritie­s to appear, now known as ‘social influencer­s’. These are not necessaril­y people who are famous offline, however they have amassed a large following by becoming thought leaders in their industry – whether that be baking vegan cakes, photograph­ing landscapes or practicing karate.

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