Social Media has become an insepÂaÂraÂble part of our lives. CheckÂing our social media account is the first thing we do in the mornÂing and the last in the night. The way we comÂmuÂniÂcatÂed with each othÂer has changed drasÂtiÂcalÂly over the past 20 years.
HowÂevÂer, the pace of its impact is only accelÂerÂatÂing over time. The fast develÂopÂment of mobile techÂnolÂoÂgy matched by the cheapÂenÂing of mobile data has furÂther played an imporÂtant role in deepÂenÂing the impact of social media.
The impact itself has been quite drasÂtic. Calls have been replaced by WhatÂsapp mesÂsages. NewsÂpaÂpers by TwitÂter. In-perÂson meetÂings by Skype. And PhoÂto Albums by InstaÂgram. PeoÂple, today, are more comÂfortÂable in comÂmuÂniÂcatÂing with each othÂer with some kind of screens between them.
Many may view this develÂopÂment in the negÂaÂtive light and they have their own reaÂsons. HowÂevÂer, the risÂing promiÂnence of social media in our lives can also be viewed as a new way of comÂmuÂniÂcaÂtion. It is enhancÂing conÂnecÂtivÂiÂty with each othÂer. NetÂworkÂing has gained a difÂferÂent meanÂing altoÂgethÂer in the world of social media.
Today there are relÂeÂvant virÂtuÂal comÂmuÂniÂties dedÂiÂcatÂed espeÂcialÂly for the like-mindÂed peoÂple. It was not posÂsiÂble earÂliÂer for celebriÂties to express themÂselves to the milÂlions of their fans on a daiÂly basis. Today, it is. Live time face video chat is savÂing innuÂmerÂable resources- both monÂey and time- othÂerÂwise required to make a face-to-face meetÂing possible.
Among its othÂer effects, Social Media has also impactÂed the way online marÂketÂing is done. Since more and more peoÂple are now online, orgaÂniÂzaÂtions are interÂestÂed in using innoÂvÂaÂtive ways of utiÂlizÂing social media for proÂmotÂing their prodÂucts and serÂvices. Although there are many difÂferÂent names givÂen to it, one of the most popÂuÂlar routes of utiÂlizÂing social media for brand proÂmoÂtion is called ‘InfluÂencer Marketing’
What is Influencer Marketing in social media?
A Social Media InfluÂencer is a promiÂnent user who uses one or many social media platÂforms like InstaÂgram, TwitÂter, or FaceÂbook, to proÂmote brands. He/She has estabÂlished earned credÂiÂbilÂiÂty in a speÂcifÂic indusÂtry and usuÂalÂly has access to a large audiÂence. The said perÂson can, thus, perÂsuade othÂers by virtue of their reach and authenticity.
How does the process of Influencer marketing work?
SimÂple: Word-of-mouth proÂmoÂtion. This kind of proÂmoÂtion has been traÂdiÂtionÂalÂly one of the best forms of proÂmoÂtions. You may instantÂly believe a prodÂucts authenÂticÂiÂty recÂomÂmendÂed by a kith or kin of yours as comÂpared to those comÂmerÂcials and adverÂtoÂriÂals. In fact, provÂing this staÂtisÂtiÂcalÂly, McKÂinÂsey deems that word-of-mouth proÂmoÂtions are twice as effecÂtive in gainÂing sales as comÂpared to any othÂer adverÂtisÂing mode.
HowÂevÂer, traÂdiÂtionÂalÂly, the reach of W‑o-M has been quite limÂitÂed, thus requirÂing the orgaÂniÂzaÂtions to depend on othÂer modes of proÂmoÂtions. A few satÂisÂfied cusÂtomers recÂomÂmendÂing a prodÂuct or a serÂvice to a few of their friends does very litÂtle for the business’s overÂall success.
This is exactÂly where social media influÂencers come in the picÂture. The influÂencers havÂing a huge numÂber of folÂlowÂers are thus able to reach to more numÂber of audience.
The only thing that they have to do is develÂop a sense of trust with their folÂlowÂers. If the sponÂsored prodÂucts or serÂvices are postÂed strateÂgiÂcalÂly so as to feel like a ‘recÂomÂmenÂdaÂtion’ rather than a ‘proÂmoÂtion’, it has the kind of lastÂing impact that is brought by word-of-mouth. Social Media InfluÂencer marÂketÂing thus mulÂtiÂplies the good impact of word-of-mouth proÂmoÂtion with its impresÂsive reach to make for a lethal proÂmoÂtion weapon relÂeÂvant in today’s world.
Why go with influencer marketing?
Short answer: Reach. AccordÂing to StaÂtista, only in 2018, there were over 326 milÂlion social media users in India. That makes for over one-fourth of the country’s popÂuÂlaÂtion. With the majorÂiÂty of the popÂuÂlaÂtion still young (over 50%), this numÂber is only going to skyÂrockÂet over the next few years. Thus, InfluÂencer MarÂketÂing gives a wide and instanÂtaÂneous reach to organizations.
Apart from the above, there are sevÂerÂal posÂiÂtives about why you should an online platÂform for proÂmoÂtions. For starters, the ROI can be effecÂtiveÂly traced back in social media influÂencer marÂketÂing, thus givÂing orgaÂniÂzaÂtions with betÂter insights on the campaign’s impact. The engageÂment that a parÂticÂuÂlar camÂpaign has genÂerÂatÂed can also be easÂiÂly calÂcuÂlatÂed in this form of marketing.
MoreÂover, choosÂing the right influÂencers can open doors to just the right kind of tarÂget marÂket and audience.
Sports Influencers: Why use them to promote your brand?
Sports InfluÂencers are the new benchÂmark in the social media influÂencÂing. As the name sugÂgests, these are the influÂencers that are emiÂnent sports perÂsonÂalÂiÂties. They may be comÂpetÂing in any form of the game, includÂing AthÂletÂics, CrickÂet, FootÂball, or HockÂey among others.
How are sports influencers different than other social media influencers?
Sports influÂencers are difÂferÂent from othÂer perÂsonÂalÂiÂties for one sole reaÂson- they play for the nation. While perÂsonÂalÂiÂties from othÂer fields like actors, musiÂcians, artists, busiÂnessÂmen etc., work for themÂselves (and the counÂtry indiÂrectÂly), an athÂletes sole purÂpose is to bring a medal or a troÂphy and to make their counÂtry proud on the world map.
SportsperÂsons stand for such valÂues as hard work, sportÂing spirÂit, honÂesty, dedÂiÂcaÂtion, pasÂsion and patriÂoÂtism amongst othÂers. PeoÂple folÂlow them because of the counÂtry-serÂvice that these lumiÂnarÂies do, year after year. They are proud of their idol’s achievements.
It goes withÂout sayÂing that the kind of audiÂence that folÂlows athÂletes and sportsperÂsons are one of the most loyÂal lots on social media.
MarÂketÂing through sports influÂencers thus genÂerÂates more engageÂment as comÂpared to any othÂer mode of social media promotion.
MoreÂover, the loyÂalÂty that the fans have for athÂletes also rubs on to your brand, thus increasÂing brand loyalty.
This is a very imporÂtant facÂtor in today’s world where comÂpeÂtiÂtion is neck deep.
What more? Sports InfluÂencers proÂvides a high amount of flexÂiÂbilÂiÂty when it comes to budÂget and impact.
Want to proÂmote your prodÂuct in a tier-II city on a limÂitÂed budÂget? No probÂlem. You can choose an athÂlete from a local area who has minÂiÂmum engageÂment on social media. Want a big scale proÂmoÂtion? You can shortÂlist sports influÂencers from difÂferÂent parts of the counÂtry on the budÂget of your desire to proÂmote your brand. Thus, sports influÂencer marÂketÂing is one of the most impact-driÂven and cost-effecÂtive modes of promotion.
MoreÂover, by choosÂing to, you are supÂportÂing the athÂlete finanÂcialÂly, which in turn, is an indiÂrect nation serÂvice. This furÂther helps in eleÂvatÂing your brand loyÂalÂty amongst the genÂerÂal audience.
Plus, sportsperÂsons are like small seeds waitÂing to gerÂmiÂnate. If givÂen right finanÂcial supÂport and trainÂing iniÂtialÂly, they can bloom into big perÂformÂers waitÂing to win medals at interÂnaÂtionÂal comÂpeÂtiÂtions. Then not only their stock will rise, but the stock of the iniÂtial sponÂsors will rise as well.
As a result, bringÂing sports influÂencers on board can prove to be one of the most rewardÂing and cost-effecÂtive modes of marÂketÂing for your brand.
It is thus not surÂprisÂing that so many orgaÂniÂzaÂtions have now wokÂen up to the imporÂtance of employÂing sports influÂencers to proÂmote their brands.