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Not every marketer does influencer marketing, but a large majority do. In our first-ever forecast, we estimate that 67.9% of US marketers with 100 or more employees will use influencers for paid or unpaid brand partnerships in 2021.

Share of US Marketers Using Social Media and Influencer Marketing, 2019-2022 (% of total marketers)

Although some marketers cut spending on influencer marketing during the pandemic (such as travel marketers), the interest in working with influencers actually increased; between 2019 and 2020 the percentage of US marketers using influencers grew from 55.4% to 62.3%, according to our forecast.

And budgets for influencer marketing look ready to rise. In July 2020 research by Kantar Media, senior marketers worldwide said they expected to increase budget allocation for branded content shared by influencers by 48% in 2021.

What it means for marketers: Influencer marketing has its pitfalls, but an increasing percentage of marketers are working with influencers. Considering the important role they play in other trends in our list of social media predictions for 2021, such as social commerce and livestreaming, the impetus to use influencers will continue to grow.

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Sourced from eMarketer

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Social listening has gained traction in 2020 due to the pandemic, but what is in store for 2021?

Chief Technology Officer Ryan Donovan of Vancouver-based social media management platform Hootsuite and Pierre-Loïc Assayag co-founder and CEO of San Francisco-based influencer relationship management platform Traackr predict that 2021 will be a good year for social business.

The pandemic changed our focus on how we communicate. People relied on social media to stay connected while spending more time at home. Platforms like Twitter, Facebook, and Instagram became lifelines for connecting and maintaining relationships at work and with family.

The pandemic accelerated the move to digital across industries — especially in sales and marketing. Unfortunately, some brands will realize in 2021 they are already too late to the game.

Social commerce and influencer marketing

As budgets shrink and digital becomes more and more crowded, the divide between companies who invested early in social commerce and influencer marketing, and those who have just begun their journey will dramatically increase. In three to five years this will translate directly to market share for digitally-savvy businesses.

The brands that did not use social media to drive customer interactions and sales before the pandemic will be forced to digitize their operations.

Brands that already established a presence on social before the crisis will increase the use of analytics and reporting tools to make business decisions. This will result in brands forming stronger bonds with their customers.

Brand values over price

The most successful brands used social to connect with customers, particularly through one-on-one interactions. Consumers want to see the human element behind the brand and experience real, consistent, and authentic action. In 2021, consumers will increasingly prioritize brand values over price — increasing sales for brands.

Localize data in Europe 

The EU-US privacy battle will force social networks to change. In 2020, the European Court of Justice deemed the EU-US Privacy Shield agreement as invalid, striking a major blow to social networks.

Regionalized networks will emerge

This decision will require substantive changes to social networks and how these platforms operate. Without having the legal right to collect and store data of European users in the US, social networks will be forced to either localize their data in Europe or abandon European markets altogether.

As privacy regulations tighten and the need for social platforms to engage with friends and customers remains, new regionalized networks will emerge to fill the connection gap.

Consumers are now taking steps to protect their personal data online. Instead of giving away an email address or phone number to connect with a brand, consumers prefer to interact with brands via messaging apps.

Research shows that over two in three (66%) consumers prefer to reach brands this way as they interact with their friends and family, more so than by phone or email.

Higher standards of social action

Social media management platforms continue to grow and follow the likes of Facebook by implementing direct messaging capabilities across applications. Businesses will have more meaningful conversations with their customers this way improving customer loyalty. Brands will be held to a higher standard of social action and responsibility.

Social commerce

Social commerce will take centre stage as in-person shopping becomes less viable. Brands will look toward digital with social commerce becoming a key sales channel as it connects customers to brands they trust. The trend is still on the rise, but will soon become a crowded space.

In 2020, social platforms made great strides to advance social commerce offerings during the pandemic. Facebook introduced Facebook Shops and rolled it out to Instagram and Facebook.

Data analysis

Snapchat announced its first shoppable show and Pinterest made it easier for users to find similar products on its platform. In 2021, brands will heavily invest in data analysis to understand the connection between social and sales metrics, further define their KPIs, and inform strategic decisions.

With more than half of the world’s population on social, platforms will focus on developing new features that make it easier for consumers to shop.

Purchases through Instagram or Facebook feed

Advancements in mobile payments will be critical for social commerce. In 2021, Apple Pay and Google Pay will enable consumers to make purchases through their Instagram or Facebook feed.

Digital crypto-currency

Social platforms will experiment with other payment methods like digital crypto-currency, but this nascent e-commerce technology will take place in the background.

Emulating TikTok

TikTok has marked the beginning of a new era by proving the social media platform giants can be challenged with fresh ideas. Starting in 2021, there will be a surge of platforms emulating TikTok with short-form video, low production content, and content-based algorithms for better virality.

With changes in how we communicate, shop, and greet one another, what has become clear is the need for brands to digitally adapt to the new way of working.

With over four billion people around the world using social media each month, social media has played a pivotal role in helping brands fill the void and build customer loyalty during the pandemic.

The challenge for brands is maintaining that loyalty as the world permanently shifts to the new commerce model.

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Sourced from ZD/NET

By Frank Landman

If there’s one niche of the business world that never stops evolving, it’s marketing. Digital marketing is highly dependent on the maturation of online technologies and is continuously pivoting and responding to new developments. Having said that, are you prepared for 2021?

The Digital Marketing Trends Set to Define 2021

Now is the time to begin planning ahead to account for the digital marketing trends of 2021. By staying current, you can develop a digital marketing strategy that takes the latest tips, trends, and frameworks into account.

“A good digital marketing strategy gives your company a cohesive plan that is consistent through your many online and offline channels,” Marcel Digital explains. “After all, you want your branding and message to be the same on your point-of-purchase advertising in your stores as it is on your social media pages and website. A cohesive message saves time and effort by not having employees recreate a marketing message for every channel.”

But our focus is not to discuss how to create a cohesive message. While important, we want to dig into the how. In other words, how do you execute once you’ve zeroed in on your message?

Though classic marketing principles and approaches will always prove effective, sometimes it’s helpful to study the latest trends to get a feel for innovative opportunities that can take marketing to the next level. And in this article, we want to focus on a few of the top trends for 2021. Take a look:

1. Live Video

Live video streaming has exploded over the past three years (and will continue to do so over the next decade). Powered by social media platforms, live streaming is available to the masses and provides an avenue for the continued democratization of content. Just consider the following data points as curated by HubSpot:

  • Internet users watched approximately 1.1 billion hours of live video in 2019.
  • By 2027, the live video streaming market is expected to hit $184.3 billion.
  • By 2020, live streaming is expected to account for 82% of all internet traffic.

Those are significant numbers – too significant to ignore. And there are plenty of reasons why businesses are making the jump to live video, including:

  • There’s almost no learning curve to record live video. There’s no need for a script, props, or post production. You hit the record button and push out live content. It’s casual, relaxed, and relatable.
  • There’s no requirement for advanced technology. While you can certainly enhance quality with some tech upgrades, a smartphone is all that’s needed to get started.
  • Live video feels exclusive and commands longer average view times when compared to pre-recorded videos. (There’s a sense of urgency from the viewer that they might not be able to see the content later.)

Live streaming video is used in a variety of capacities and is highly dependent on your brand, goals, and content strategy. However, it’s ideal for things like Q&As with an audience, customer support, special announcements, interviews with influencers, live events, and backstage events.

If you’re new to live video but want to get started, the best piece of advice is to jump in and do it. Try a couple of videos and see what happens. Were you comfortable? Did you enjoy it? Did the audience engage? What can you learn?

Your first shot at live streaming won’t be perfect, but you can always optimize over time.

2. Programmatic Advertising

Another sweeping trend is the growth of programmatic advertising. If paid traffic is part of your strategy for 2021, you need to gain some understanding and proficiency in this area.

As MarTech Advisor explains, “Programmatic advertising is the process of automating the buying and selling of ad inventory in real-time through an automated bidding system. Programmatic advertising enables brands or agencies to purchase ad impressions on publisher sites or apps within milliseconds through a sophisticated ecosystem.”

Over the past couple of years, programmatic advertising has become the preferred method of running ad campaigns. It offers real-time insights, enhanced targeting capabilities, increased transparency, better budget utilization, and provides a way to combat ad fraud effectively.

Programmatic advertising can be deployed in a variety of channels and formats, including display ads, video ads, social ads, audio ads, native ads, and digital out-of-home (DOOH) ads.

Contrary to how traditional media buying works, programmatic advertising doesn’t usually involve publishers and advertising working together in a one-to-one fashion. The type of programmatic deal – such as real-time bidding, private marketplaces, preferred deals, or programmatic guaranteed – determines how they’re delivered.

3. Voice Search

Would it surprise you to learn that approximately 27 percent of the online global population uses voice search on mobile? Or that more than 1 in 3 US internet users use a voice assistant monthly (up from just 9.5 percent in 2018).

Consider that by the end of 2020, roughly 30 percent of all internet browsing sessions will include voice search. And that more than half of adults use voice search on a semi-regular basis.

The writing is on the wall. Voice search will soon become the preferred method of browsing the internet. It’s faster, hands-free, and ultimately more convenient.

So what does that mean for digital marketing? Well, it changes everything, particularly on the content strategy side of things. People speak differently than they write. Consider, for example, someone searching for a pizza restaurant. Their queries might look like this:

Typed: pizza restaurant Bronx

Spoken: What’s the best pizza restaurant in the Bronx?

Voice search is ushering in a new age of SEO and content creation where long-tail keywords are the focus. Natural, conversational language wins the day. Brands that adapt to this style will see their SEO rankings improve and search traffic scale.

In terms of blogging strategy, brands should focus on developing content that answers questions. People go to Google when they have a question and the search engine knows this. So in an effort to satisfy their users, they’re elevating content that answers very specific questions.

4. Interactive Content

Online users are growing bored with basic blog posts and static content. They want to be stimulated. They also want control over their experiences. And these desires are currently culminating in the rise of interactive content.

Research shows that interactive content gains 2X more engagement than static content. This has led 34 percent of marketers to include interactive content in at least 10 percent of their strategies.

The most popular types of interactive content include quizzes, polls, interactive infographics, AR, VR, and online calculators.

Interactive content is typically just a subsegment of the larger content strategy. But in 2021 and beyond, it’s going to become an even bigger portion. While many brands are currently developing one piece of interactive content for every nine pieces of static content, that number will likely increase to 20 percent.

5. Shifts in Influencer Marketing

In 2016, the influencer marketing industry was worth an estimated $1.7 billion. By the end of this year, it’s projected to be worth somewhere north of $9.7 billion.

People like to hate on influencers, but they’re effective. The earned media value for money spent on influencer marketing was roughly $18 for every dollar spent in 2019. And over the last three years, there’s been a 1500% increase in brands searching for “influencer marketing” on Google. In other words, it’s effective and here to stay. But as we enter into 2021, this industry will undergo significant shifts that will ultimately change the way businesses approach marketing and advertising.

One of the biggest shifts will be the rise in micro influencers. These are influencers who have small yet loyal followings (anything less than 10,000 followers). And what they lack in reach (compared to large influencers), they make up for with high engagement and affordability.

It’s also possible that we’ll see an increase in performance-based influencer marketing. In the past, it’s always been sort of a flat fee deal. Businesses pay per post and the influencer gets the same amount of money no matter what happens on the engagement front. But as the influencer arena gets more competitive, brands will gain more leverage. Soon, we could see payment based on the number of clicks, comments, or even sales.

Ultimately, the changes in this space will be dictated by consumers. Followers make it clear what they do and don’t respond to by the type of engagement they offer. As brands and influencers gather more data and analytics from these types of posts, they’ll iterate and zero in on what works best.

Hit the Refresh Button on Your Digital Marketing

No digital marketing strategy is set in stone. As you approach 2021, take the time to understand the new trends so that you can shift your strategy into a direction that aligns with the trajectory of the larger consumer marketplace. Whether it’s live video, programmatic advertising, voice search, interactive content, or shifts in influencer marketing, there’s ample opportunity for growth and expansion.

By Frank Landman

Frank is a freelance journalist who has worked in various editorial capacities for over 10 years. He covers trends in technology as they relate to business.

Sourced from readwrite

Sourced from Forbes

Although influencer marketing is not a new phenomenon, it seems to evolve more quickly than other forms of marketing and advertising. As more and more creators enter the market, intent on becoming paid influencers, smart brands and the agencies they work with know that effectively partnering with an influencer takes more than just a large number of followers.

The key is to leverage the organic influence of the right people to create deeper engagement between their followers and your brand, and countless variables will affect your strategy. Here, 11 members of Forbes Agency Council look at some of the most original iterations of influencer marketing that brands can use to stand out to target audiences in unique and memorable ways.

1. Technical Subject Matter Experts As Influencers

For companies targeting technical audiences, influencers are smart, experienced engineers and other technical subject matter experts who routinely comment on industry trends and technical challenges with their unique points of view. Partner with these pundits, who are often found associated with industry groups or publications. Another option is to create your own influencer within company ranks. – Wendy Covey, TREW Marketing

2. Podcast Host Endorsements

Host endorsements on podcasts are a great form of influencer marketing. The most recent audience studies show that at least one in three Americans listened to a podcast in the month prior. Marketers and advertisers are taking notice of the host’s (influencer’s) unique ability to not only provide reach, but also connection and economic results. It’s an “opt-in” channel where show hosts have listeners’ undivided attention and trust. – Kurt Kaufer, Ad Results Media

3. Shoppable Influencer Content

Influencer marketing started as an awareness tactic, but the industry has truly matured. We’ve seen that influencers tell compelling stories that not only drive awareness, but can also generate purchase intent. And now, with click-to-cart companies such as SmartCommerce and new features in Instagram, influencer content can be shoppable, allowing consumers to go from interest to cart in just a single click. – Maria Sipka, Linqia

4. Influencer Marketing Efforts Tied To A Cause

Tie your influencer marketing efforts to a cause. Microsoft’s #MakeWhatsNext campaign, for example, encourages young girls to pursue careers in STEM. On International Women’s Day, the brand teamed up with National Geographic to feature photos of women scientists that generated millions of likes and spurred significant engagement. – Scott Baradell, Idea Grove

5. Influencer Content As Paid Social Ads

We’ve seen a huge rise in using influencer content as paid social ads for remarketing audiences in the last 30, 60 or 90 days. This allows companies to avoid ad fatigue and leverage unique influencer content to build credibility, trust and desire for the product or service. – Brian Meert, AdvertiseMint

6. Turning Employees Into Influencers

A highly original form of influencer marketing is taking someone that works for you and making that person an influencer. We have clients that sell beauty products. Instead of paying someone on the outside, they’ve showcased their own people using the products. As they acquire a following, the company has an in-house influencer already on payroll. Better still, this is a repeatable step. – Danny Star, Website Depot

7. Brand Ambassadors Programs

Brand ambassadors programs as a type of influencer marketing sound more impactful and authentic to audiences who look at brand ambassadors as people with an emotional attachment to the brand, and adore it to an extent that they are ready to promote it. With an emphasis on brand ambassadors programs, consumers feel like owners of the brand and become fully engaged with it. – Elissar Hajj Zarwi, Comma Hub

8. Invitation-Only Facebook Groups

An innovative form of influencer marketing consists of private and invitation-only online Facebook groups sponsored by the marketer to create the sense of a safe and exclusive space for members of a community united by a shared interest to bond with each other. You need to request and be approved by the marketer to join the group. Once inside, the influencers keep the conversation alive with questions and participation that inspire others to engage. – Abigail Hirschhorn, Human Intelligence | H.I.

9. The Rise Of TikTok Influencers

TikTok is the wild west of influencer marketing and a fertile ground for brands to test and learn with branded TikTok videos. Compared to other platforms, the number of brands activating TikTok campaigns is relatively low, so your brand may be the first in your category to become established on the platform. Now is a great time to take advantage of the light-hearted content native to the platform. – Corbett Drummey, Popular Pays

10. Influencer Marketing On Instagram

Influencer marketing on Instagram is what I see as the most undervalued, high-return investment a business or brand can make. Pairing with the right influencer for your brand can not only generate sales and new customers, but also exponentially grow your business. An Instagram influencer’s loyal community of followers will try any product or service the influencer pushes as long as it aligns. – Tony Pec, Y Not You Media

11. Influencer Takeovers Of Brands’ Social Media

Having an influencer take over a brand’s social media channel can be a powerful collaboration that gives a brand instant credibility and reaches a new market. From fashion labels having celebrity DJs livestream on their channels to a celebrity providing an online edit of a magazine’s feed, this form of marketing is becoming more impactful by the minute. – Adrian Falk, Believe Advertising & PR

Sourced from Forbes

Successful PR, media strategy, creative and advertising executives from Forbes Agency Council share trends and tips

By Goldie Chan.

How has influencer marketing radically changed in 2020?

In my continuing series of “State of Marketing 2020,” I run interviews on the changing landscape of 2020 with key leaders in different business and leadership areas. For influencer marketing, I tap Lindsay Fultz, SVP of Partnerships at Whalar and influencer marketing expert for over a decade.

Goldie Chan: You’ve been in influencer marketing for nearly a decade. You’re considered a veteran in the industry. After all this time, what gets you excited?

Lindsay Fultz: This industry is fast moving. So much has changed. From types of creators and redefining what the word “influence” actually means, platforms, features, how cultural trends are intertwined and what makes them go viral, ways content can be repurposed, algorithms, to accessible data and now influencer marketing during a global pandemic and influencer and brand activism during a long overdue social justice movement.

Some things that get me excited:

  • Shoppable features that enable us to create strategies that tie ROI to particular influencers and activations. My company, Whalar is the only global partner to five social media platforms: Facebook, Instagram, Twitter, Snapchat and TikTok which not only means rich first party data but also access to all the cool private beta features like TikTok’s creator shopping program — The ability to tie video views from a specific influencer to actual purchases — that’s huge and something we’re very excited to pilot with a brand for a case study.
  • Interactive survey features that can double as consumer surveys and coordinating influencer focus groups for brands. Since the pandemic, we’ve been doing a lot of this at Whalar.
  • Live-streamed shopping which for 2020 is projected to be a $129B revenue stream in China. Instagram quietly rolled out their Live Shopping Feature in private beta a few weeks ago which I’m very excited to pilot with a brand. Whoever gets this right in the U.S will unlock a gold mine in Influencer Marketing for both creators and brands.
  • Virtual events! Marc Jacobs recently leveraged Zoom for their new product launch and Fenty VR and livestreams for their virtual house party. Both were super interactive and attendees left with keepsakes and an incredible, unforgettable experience. And we’ve only just scratched the surface on the possible integrations.
  • Leveraging influencers as your in-house production arm. Since the pandemic we’ve been getting a lot of briefs about partnering with creators behind the lens to create a library of branded assets from still and dynamic images to short and long form video content. This is quite exciting.
  • Even though it’s all P2P, partnering with creators that hit a B2B audience. Keynote speakers, marketers, entrepreneurs, thought leaders — because they are practitioners and educators, they attract an audience composed of C-suite executives, decision makers, people that control large marketing budgets and people that aspire to be in those positions. They are regularly in front of large super targeted audiences that people pay to gain access to — albeit now virtually.
  • Influencer and Brand Activism. This has been exciting to watch unfold and I think it’s a good thing! It’s been incredible seeing brands take a stance, and influencers unafraid to lose brand deals by taking a stance. It adds an extra layer to the influencer vetting process but it’s a very important layer when partnering influencers with brands — to make sure both brand and influencer viewpoints are aligned.

 

Feature Image Credit: GETTY

By Goldie Chan.

Follow me on Twitter or LinkedIn. Check out my website.

 

Sourced from Forbes

By Reena Rai.

How have brands such as Glossier and Telfar cultivated communities of brand ambassadors to build brand loyalty? Reena Rai, Pinterest’s Creator Lead explains.

Influencer marketing is one of the most innovative facets of the digital marketing mix. It has evolved at a phenomenal pace over the last decade and is expected to grow to be worth $9.7bn in 2020. The latest evolution, Ambassador Marketing, sees brands engaging customers to create content, provide reviews and suggest future product lines, all while putting the spotlight on authenticity.

The need for authenticity and relatability is reminiscent of the early days of blogging over a decade ago. The majority of bloggers started their foray into digital publishing as a passion project on Blogger or WordPress, before expanding to social media platforms such as Instagram, Pinterest and YouTube.

Marketers saw an opportunity to enhance their traditional marketing strategies by working with influencers. Engaging real people with a social following adds a layer of authenticity, while also helping to reach new audiences. One-off collaborations have led to long-term partnerships, turning influencers into ambassadors.

Super-influencer Lorna Luxe has been working with fast fashion e-tailer ‘In The Style’ since February 2019. Her first collection was the most successful launch in the brand’s history, with 5,000 units sold out in under an hour.

Paid influencer collaborations have proven to be a very successful marketing tactic, but fans and followers have become sceptical of how authentic these partnerships and influencer reviews really are. In 2018, the industry faced a further crisis in confidence after several leading influencers were caught buying followers and using bots to overinflate their engagement metrics.

This is why I believe Ambassador Marketing is a necessary evolution. Influencers undoubtedly play an important role in digital marketing, but brands can benefit from engaging grassroots fans to create a 360° approach. Consumer purchase decisions are heavily influenced by peers and relatable micro-influencers: engagement rates are much higher for micro-influencers and a recent study stated that 70% of millennials are influenced by social content from their peers.

Here are two compelling examples that illustrate the importance of engaging superfans as both a source of inspiration and to help build grassroots buzz.

Case Study: Glossier
Beauty brand Glossier is estimated to be worth a cool $1.2bn and much of the company’s success is attributable to Ambassador Marketing. Interestingly, Glossier was founded by Emily Weiss in 2014 and, before launching her brand, Emily was a blogger at ‘Into The Gloss’ which launched four years prior.

From the beginning, Glossier has placed customers at the heart of their brand strategy, with early customers engaged as brand ambassadors. Not only were customers encouraged to share social media posts with their products and signature pink bubble wrap pouches, but Glossier also relied on their brand ambassadors to share product reviews and tips.

By treating each customer as an influencer, Glossier has amassed an impressive amount of User Generated Content (UGC). This social amplification has earned the brand a huge following across their channels, with their largest audiences being on Pinterest (over 10m monthly unique views) and Instagram (2.8m followers).

Taking the concept of Ambassador Marketing a step further, Glossier also has an exclusive Slack group with 100 ‘superfans’ who are happy to provide feedback on the existing line and share ideas for new products.

Case Study: Telfar
Launched in 2005 by Telfar Clemens in New York, Telfar is one of the most exciting luxury fashion brands in the zeitgeist. Steadily building a buzz within the Brooklyn party subculture, Clemens has been collaborating with brand ambassadors since the brand’s inception.

While large fashion brands scramble to prove that they value diversity, Telfar’s founding motto is “It’s not for you, it’s for everyone”. As a black-owned luxury fashion brand which is unisex and affordable, Telfar is effortlessly inclusive. Clemens dresses friends such as Kelela and Dev Hynes, who in turn become brand ambassadors, wearing Telfar pieces and performing at the brand’s shows.

Telfar’s first handbag was a runaway success and the limited monthly drops have resulted in a cult-like following. Dubbed the “Bushwick Birkin”, the handbag is a prized possession which unofficial brand ambassadors share across social media in high-quality, editorial-esque shoots.

By engaging superfans and high-profile cool kids spanning the art, fashion and music worlds, Telfar is able to reinforce their brand values, extend their social reach, lean on their community for content creation and create a grassroots buzz.

As brands and agencies look for new opportunities to extend their digital presence and build brand loyalty, the most innovative strategy they can adopt is cultivating a community of brand ambassadors. Engaging with influencers as thought leaders in their niche only goes halfway. The most powerful advocates for any organisation are existing customers and fans. Genuine advocacy from an ecosystem of influencers and fans will help you to engage customers, build loyalty, and drive incremental brand visibility.

By Reena Rai.

CREATOR LEAD, PINTEREST

Sourced from iab.uk

Sourced from yahoo finance.

Technology and new ideas often go hand in hand. The challenge is often to express new concepts clearly and eloquently. This is where effective marketing comes into play.

PR and Content Marketing

Getting professionally written editorial content for your brand is a key factor in your path to success.

PR is an ongoing effort throughout the lifecycle of a company. Before the launch, you need a strong, concerted PR and outreach effort to reach all the major crypto sites. But even after, you need to keep the community informed and engaged with interesting new developments, partnership announcements, background stories, and news.

Email Marketing

Email marketing is essential in blockchain. There is no better way to get to new users, investors and clients where you have the most of their attention: in their inbox.

Always track and measure your email marketing. Many companies claim to have hundreds of thousands of subscribers in their list, but if you look at their email open rates, they are often below 1%. On CryptoCoin.News, we have an average open rate of over 25% because our readers did sign up to receive interesting crypto news.

Video Marketing

In the digital age, content is king. Video content is particularly adept at building credibility and authority for your token sale.

Successful companies have typically two types of video:

  • Explainer animation to give some background of your industry and your solution.
  • Interviews with the founders and company presentations by third parties.

Influencer Marketing

Influencer marketing is a hybrid of old and new marketing tools. It takes the idea of celebrity endorsement and places it into a modern-day content-driven marketing campaign. Influencer Marketing works because of the high amount of trust that influencers have built up with their following and recommendations from them serve as a form of social proof to your brand’s potential customers.

In blockchain marketing, trust and authority building is a key component. That’s why Influencer Marketing is an important option in the marketing mix. Getting endorsed by the top YouTube crypto influencers can strongly influence buying and investing decisions.

Trust the Leading Crypto Marketing Agency

The team behind CryptoCoin.News has been active in online marketing for over 10 years, with experience in blockchain marketing since 2016. Trusted by over 150 clients, they know exactly which channels work for blockchain marketing. Paired with efficient, reliable and fast execution, CryptoCoin.News can be your partner for all blockchain marketing needs. Get in touch to schedule a free consultation at https://cryptocoin.news/advertise-with-us/.

Sourced from yahoo finance

By Evan Varsamis,

This year has been quite a roller coaster for marketers so far, and it’s still unclear how things will go in the next few months. However, when it comes to designing a marketing funnel, you can’t stick to your traditional methods anymore. You have to start thinking outside the box and picking up new techniques that can enhance your brand’s presence on the web. Online competition has grown massively over the last few years. It’s not just about being present on the web anymore. It’s about sustaining an omnichannel presence.

What Is An Omnichannel Presence?

Years ago, we used to think of online marketing as finding the platform that works the best for you and prioritizing your activities there. Today, with so many different platforms having unique structures, it’s even more difficult to figure out what works the best for your brand. It’s not about finding your best platform anymore. It’s about learning how to be present on every channel and make the most of it.

What works on Facebook won’t work on Pinterest. You have to figure out how to be present on both channels with equal effectiveness.

Now that you’re familiar with an omnichannel presence, let’s take a look at trends and online marketing tips that will help you sustain your business in 2020.

Cobranded Content

Every individual is loyal to a certain number of brands. As a marketer, if you can leverage that engagement by combining two brands, there’s nothing like it.

Sophia Bernazzani explained this concept beautifully on HubSpot: “One of my own beloved childhood memories was a product of co-branding: Betty Crocker partnered with Hershey’s to include chocolate syrup in its signature brownie recipe. There’s something brilliant about that co-branded product: It’s a fun way to marry two classic brands into one delicious experience for fans of baking and chocolate alike.”

So, to make your 2020 marketing work, you can connect with brands that appeal to you and use that collaboration as a marketing campaign. You could choose to go for video advertising or even audio influencing through podcasts or webinars. Either way, cobranded content can help you soar high with the help of loyal followers.

Micro-Influencer Marketing

If you have experience with influencer marketing, you’ll know why micro-influencers are the near future. Reaching out to big-time influencers is difficult, and you can’t expect them to review free samples that easily. So brands that are tight on budget can opt for micro-influencers who cater to their product niche.

These influencers have enough popularity to still be influential, and they also tend to have better engagement rates with their followers because they are less overwhelmed with sponsorship offers, which gives them the bandwidth to keep in touch with their followers. A study (paywall) from HelloSociety suggests that micro-influencers with around 30,000 followers have 60% higher engagement and are about 6.7 times more cost effective than influencers with more followers.

Nontraditional Social Media Marketing

Ever since we started social media marketing, we’ve primarily used Facebook, Twitter and Instagram. While these platforms continue to be the rulers in the industry, there are several others that are making their way up with the help of the younger generation. These platforms include Snapchat, Pinterest, Reddit and Medium.

So when it comes to planning a successful marketing campaign, you need to think outside the box and come up with ways to work on every platform instead of sticking to just one or two. In fact, it may seem far-fetched, but TikTok could work for your brand, depending on what you are trying to promote.

Contextual Targeting

When you throw random ads at people, you can’t expect the click rate you desire. That’s because not everyone will want to see the product you are showing them. Instead, with contextual targeting, you can showcase your ads on pages with related information. People who see your ads will have a higher chance of clicking them because they are already interested in your product niche.

Programmatic Audio

With podcasts and audio streaming apps becoming more and more popular, they’ve turned into avenues for online promotion. The advantage of programmatic audio promotion is that it enables you to place ads in the audio content.

Depending on your preference, you can opt for ad formats such as companion, ad pods, or pre-roll and midroll ads. Currently, companies including Google, Rubicon Project, SoundCloud and the BBC offer audio advertising features.

Video Advertising

Every social network is focusing on video content. Many are even looking for ways to implement product shopping directly from videos.

Consider using traditional video advertising methods by placing your ads on YouTube. You can even work with brands on Facebook and Instagram to promote your products in videos.

Mobile-Friendly Emails

As more people switch to primarily using their smartphones, the entire email marketing industry will change. Email designs need to be mobile-friendly and minimal, and they must have the call to action (CTA) button in a place where the user can easily find it. Another crucial point is to avoid too much content in your email. You can always opt for a drip email campaign to send out information sequentially.

Augmented Reality (AR) And Virtual Reality (VR

If you are an e-commerce brand, chances are you’ve already heard of implementing AR and VR for better product discovery. By implementing these technologies in your marketing funnel, you may be able to draw the attention of people who hesitate to purchase online. Give them the opportunity to try out products virtually before purchasing them.

Having said that, it’s also crucial not to forget the tone of voice you use while implementing all your marketing campaigns. The world is going through a massive change in 2020, and it’s important to understand the emotion of your audience before you try to promote a product or service to them. An empathetic and genuine tone can always take your brand a long way.

Feature Image Credit: GETTY

By Evan Varsamis,

An entrepreneur and Founder/CEO at Gadget Flow, as well as an investor and marketing advisor at Qrator Ltd.

Sourced from Forbes

By Maura Smith

Throughout the past three months, with COVID-19 as a likely catalyst, influencers have been in trade publications frequently for perceived drama pertaining to seemingly abrupt changes to long-standing affiliate marketing programs. Journalists covering the space sought to understand the fallout between affiliate programs and influencers, campaign suspensions, and shifting compensation models. But as with everything in our space, understanding the truth is more dynamic than what may originally meets the eye. An evolution can be seen in retail marketers’ collective shift toward diversified programs and away from last-click overreliance. At the same time, influencers are responding to slashed upfront campaign fees by migrating to pay-for-outcome compensation models. These factors come together to seed a new relationship.

Over the last twenty years, affiliate marketing was heavily dominated by last-click coupon and loyalty publishers. But the affiliate marketing model made it too hard to assess the value of content creators and allocate compensation for their role in achieving a brand’s desired engagement—whether it be a registration or conversion. Affiliate technology was originally built to attribute compensation on last click. So for a long time, this system afforded no earning opportunity for influencers, simply because they were often the introducer touchpoint in the consumer journey.

As a result, the popular fixed fee monetization and commercial strategy around the creator marketplace was primarily developed as a defense mechanism.

For the dynamics between retail marketers and influencers to take hold, the affiliate industry needed to accelerate its evolution, to develop a way to prescribe value based on any given influencer’s explicit role in the consumer journey on the path to purchase, whether it be introduction or something more mid-funnel. The industry also needed to develop technology for precision influencer discovery, so that brands could find the right influencers based on specific attributes.

The welcome and collective move of brands and influencers toward pay-for-outcome models bodes well.

Now that affiliate technology is evolving beyond last-click publishers, there are opportunities for more sophisticated monetization. According to Pepperjam’s weekly indexing, over the last two months, content publishers, like influencers, have realized year-over-year gains not only in revenue performance but also in their percentage share of revenue across the affiliate pie. And brands are responding—by investing more on a variable compensation basis, upwards of 127% year-over-year. With measured and proven performance, affiliate tools are finally a real option for influencers—they present an opportunity for high-level compensation for playing a measurable role in the ultimate conversion.

Combined with other recent events like brands dumping their fixed-fee campaigns, this technology evolution within affiliate marketing has created an environment for influencers to readily embrace the pay-for-outcome model. Influencers certainly felt the impact of recent budget cuts, but there’s been a palpable realization that they can offset these losses with alternative revenue streams, like affiliate. This trend toward pay-for-performance models has persisted week over week, and we feel that this position as a primary sales and marketing channel will stick after the pandemic, having been put to the test during the most challenging of times.

This article was contributed and sponsored by Pepperjam.

By Maura Smith, CMO, Pepperjam

Sourced from eMarketers

Marketers came roaring into 2020 with plans to spend heavily on in-store experiences and brand activations such as pop-ups and parties. But with a large number of Americans still facing stay-at-home orders, industry experts are observing a shift to a different marketing approach: influencers on video platforms.

“Many small- to mid-size apparel brands are focusing in on three platforms: TikTok, YouTube and Instagram,” said Clayton Durant, founder and managing partner at consulting firm CAD Management. “Quarantine has bumped up the amount of time spent on these platforms.”

Influencer marketing is not new, but the financial strain felt by many consumers is changing the way brands approach it. Durant said traditional advertising campaigns are no longer deemed tasteful nor are they driving the meaningful engagement required to convert sales. Instead of glamorous, aspirational images, consumers want meaningful, authentic content from sources they trust. Increasingly, that means social media micro-influencers.

For many brands, partnering with a series of micro-influencers is becoming a more reliable source of marketing than traditional campaigns. These influencers usually have 50,000 to 2 million followers on social media, but speak to an engaged audience with more followers than many top celebrities. They are also less expensive to partner with.

“Many of these influencer deals give the brand the most amount of leverage in the transaction, allowing the brand to get a better ROI,” said Durant. “If you handle micro-influencer campaigns right there is more of a ‘partnership’ feel to these transactions; many micro-influencers are going above and beyond their deal points.”

Finding the most cost-effective marketing approach is more critical than ever, with many brands suffering from sales drops. But the disappearance of live marketing has also allowed for the redistribution of resources to social media, SEO and influencer campaigns. Durant believes that investing in these partnerships now could also pay off in the long term, as brands and consumers adjust to the new retail landscape.

“I expect brick-and-mortar foot traffic to take at least a year to get back to ‘normal,’” said Durant. “To make up for the loss of foot traffic, brands are going to turn to platforms like YouTube, TikTok or Twitch to create one-of-a-kind virtual shopping experiences that mimic walking in the store. That is where partnering with influencers to host digital store experiences could be quite powerful.”

TikTok, one of the pandemic’s success stories with 315 million app downloads this quarter, has also observed this shift. The platform has recently launched an ad format for influencers, enabling its more prominent users to include “shop now” links in their videos. For brands to capitalize on this feature, though, they will need to partner with that select group.

Feature Image Credit: Shutterstock

By Madeleine Streets

Sourced from FN