Must-Use Strategy: Instagram Influencer Marketing

By Chris Jensen – Jr. Communications Coordinator

My colleague Erica Schlesinger shared in a recent blog post that we remember 80% of what we see, compared to 20% of what we read and 10% of what we hear. So, it makes sense that we gravitate toward photos and videos over text.

As a general rule, social media posts perform better when they’re accompanied by a visual. Visuals, like photos and videos, score more likes, follows and comments. For these reasons, more companies are steering toward Instagram as a key marketing platform.

Instagram only recently allowed advertisements in the feed, so influencer marketing has been the primary way for brands to market to consumers on the app. Instagram differs from Facebook as ads are reserved for large companies who are willing to shell out around $350,000–$1 million a month. For smaller brands that wish to reach a niche group, influencer marketing is the way to go.

Instagram-300-million
300 Million Users = Bigger than Twitter

Instagram: Best Social Network for Engagement

The true power of Instagram is the high rate of engagement and active user base of the mobile app. Studies have found that Instagram engagement rates are up to 58 times higher than that of Facebook and 120 times higher than Twitter.

Forrester analyst Nate Elliott once stated, “On six of the seven social networks, the brands we studied achieved an engagement rate of less than 0.1%. For every 1 million Facebook fans those brands had collected, each of their posts received only about 700 likes, comments, and shares. On Twitter, the ratio was about 300 interactions per 1 million followers.” Instagram is the outlier with 4.21% engagement. Although that may sound low, it’s significantly better than Facebook’s .07%.

Why Influencers Matter

Influencer marketing is all about relationships. Brands can benefit from developing relationships with popular influencers who have extensive reach and are willing to vouch for their product or service. When a tastemaker you trust recommends a product, it’s likely that you’ll listen.

In fact, when a consumer is contemplating a purchase, they look to more sources than the brand itself. A Nielsen study found that 84% of the public trusts recommendations from people they know and 68% trust consumer opinions posted online. In today’s digital age, many people treat social media the same way they would a face-to-face interaction, therefore putting trust in the individuals they follow.

Finding the Right Influencer

Most people wouldn’t trust an athlete to review a new software program, yet they will probably listen to his or her opinion on sportswear and nutrition products. Vice versa, a tech guru might not be your best bet to market a new fashion line but would be the ideal candidate to test and share a new app. It’s key to not only find an influencer with plenty of reach, but the type of reach you’re looking for.

A brand doesn’t need celebrities and athletes to promote their products; a “normal” person with a broad reach will do just fine. There are thousands of people with a variety of interests and large followings on Instagram. Targeting the right ones is the important part.

Forbes contributor Kyle Wong uses the following equation to determine how to choose an influencer:

Influence = Audience Reach (# of followers) x Brand Affinity (expertise and credibility) x Strength of Relationship with Followers

You can find influencers through hashtag research, skimming related profiles or navigating the ‘popular’ bar. Keep in mind their followers should be similar to your target demographic. If possible, reach out via email to your choice influencer. If email is not an option, a direct message on Instagram should work just fine.

Once you find the right influencer and settle on a deal, they will typically share images of the sponsored product or service with their Instagram followers. The approach is almost always organic and natural, rather than a blatant promotion. Sometimes, the product is not even mentioned.

While many companies have found this method successful, the nutritional supplement company SHREDZ stands out as a leader. SHREDZ only made $90,000 in 2012, but after partnering with a little-known fitness model, Paige Hathaway, the brand jumped to $5 million in gross revenue by the end of 2013. SHREDZ achieved these numbers with just a small team and digital promotion. At the beginning of the partnership, Hathaway had 8,000 followers; she has grown to over 1.8 million in a span of three years.

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Poler Outdoor Stuff’s Instagram is another prime example of non-invasive influencer marketing. By incorporating their backpacks and products into posts sporting the scenic and outdoorsy persona they strive for, the company successfully reaches thousands of like-minded consumers. They have teamed up with dozens of influencers, such as photographers and action sports athletes, to subtly showcase their products. With the help of these “insta-celebs,” consumers from around the globe see their products being used in the outdoors, encouraging a purchase that’s inspired by a lifestyle.

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Instagram boasts an engaging community with a wide variety of easily accessible influencers. If you’re looking to improve your social visibility and drive consumer product sales, Instagram influencer marketing can be a powerful tool.

Let us know if you would like some guidance with your own “Insta-Marketing.” (W)right On is glad to start or assist in an Instagram campaign.

 

Four PR Trends

trendsLooking at past trends in an evolving industry can be a poor predictor of future trends—whether you’re talking about the stock market or the PR field.

Witness Facebook (a 9-year-old), Twitter (a 7-year-old), Instagram and Tout (both 2 year olds). These are among only a few of the game changers that disrupted the publishing industry. Each is a relative toddler by traditional business standards, and not that many years before their existence I don’t recall anyone predicting them. But their global impact on the human condition is already established.

The trend impacting the PR industry, therefore, is not which new social tool will take off, but that game changers are now the norm. Expect and anticipate them.

Here are four things (among many) I see near through long term impacting PR.

The Story Stays

We like a good yarn. Stories have been told throughout human history and they’re not going away anytime soon. So while the delivery method may continue to break speed records in the unprecedented data age we’re now in, if there isn’t a compelling story to whatever the communication is, it won’t leave the station.

In creating your communications, think about your story. How compelling is it or could it be, and why should others care? And if you don’t have one, then either create one or rethink your communication strategy for most effective resource use.

Multimedia Explosion

multimedia

We are a sensorial species, and with the written word there’s a terrible lack of engagement of the senses. True, imagination can help make up for that. However, the way I imagine Utopia and you do can be very different, meaning there’s a significant control loss of the intended message. But what if I could not only tell you a story, but also engage you in it by your five senses? Instant communication around the planet is now possible with video covering sight and sound that will only increase. But I think it’s only a matter of time before technology allows for an online cook ‘book’ to not only convey with what and how something’s made, but also how it should look, feel and even smell and taste.

Additive Manufacturing

3d printing

…aka 3-D Printing will change everything, and this means for PR too.  I think 3-D printing is trul yRoddenberry’s Star Trek replicator come to life like the cell phone, and why I see it profoundly impacting PR is that currently the world’s societies are built largely around traditionally manufactured goods and related services – shoes manufactured in China are consumed in the USA; medical implants created in New York are used in Canada; an airplane is created and assembled from many different places; etc. Things today are still made for us and we don’t make things for ourselves. PR supports all of this ‘traditional’ world commerce that in the next decade will dramatically change with the advent of 3-D printing for the masses. Like intangibles such as information value decreasing with increased accessibility, so will the value of physical goods change. As it does, PR will change as well, becoming less about conveying a compelling call to action to buy consumer products, say, and more about strategically helping communicate things like B2B opportunities, services expertise, key events, experience opportunities, and political and societal agendas.

Local & Smaller

It’s well established doctrine for good communication to know thy audience, and reach them where they are. With billions of us now having our heads buried in our smartphones more than we’d like to admit, guess where audiences are? Sure, we’re still driving down the freeway ready to notice a billboard, pouring over that quaint thing called a newspaper at Starbucks occasionally, and watching commercials whip by as we watch our favorite DVR’d show.  But increasingly we’re more interested in our immediate environs – our local neighborhood – than otherwise. So as opposed to a broad shotgun approach, PR will increasingly need a precise rifle approach tailored to local geography and interests. And in doing so rely less on large real estate like a full magazine, in-depth television reporting or a regional newspaper spread, but instead plan for consumption to be increasingly on a screen just four or five inches wide—that if it’s showing a picture of a rose, soon enough will probably smell just as sweet.