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    Home»Business»The Challenges and Opportunities of Influencer-Based Marketing 

    The Challenges and Opportunities of Influencer-Based Marketing 

    Chukwuka UbaniBy Chukwuka UbaniApril 10, 20234 Mins Read Business

    An Influencer can be any person whose actions can affect the actions of a large number of people. Thanks to internet services like Spectrum home Internet, social media is leveraged to promote products, lifestyles, and causes by many people who are termed as influencers. However many now prefer to be called content creators. Therefore, a more accurate modern-day usage of the term is usually for social media personalities who drive customer purchases of specific products. 

    Technically, influencers have been used for a long time. For example, Nancy Green was the face of Aunt Jemima pancakes as early as 1893. Celebrities have been used for promoting products for almost a century. However social media has allowed a new kind of influencer to emerge. Of course, the marketers were to approach them. The opportunities they provide and the challenges faced with such marketing will be discussed below. 

    Personal Connection 

    A major difference between social media influencers and celebrities is that people view them as more relatable without fame or money to change their opinions. They find these influencers more authentic. People may resonate more with those more familiar to them. A teenager would follow another teenager like them to know their opinions. Therefore they would be more willing to trust such an influencer than a celebrity. Usually, such influencers have a thousand or a few thousand followers. However, these influencers hold more significant sway over their audiences than celebrities with bigger followings.

     It takes an influencer a lot of effort and time to amass several followers without being a celebrity in the first place. Usually, this effort entails an intimate knowledge of the people they are influencing. Employing such an influencer for your product would mean they would use this knowledge for the benefit of your product. If people admire and respect an influencer then they can be a major marketing asset. 

    Trusted Source of Information

    Some of these influencers can be considered experts in their fields. These can be professionals skilled or knowledgeable in a specific field. These influencers can be ideal for spreading information about products related to their field. People would be more likely to trust the word of these influencers over company officials. 

    Moreover, these influencers will know the best way to divulge this information to their audience. Such influencers are ideal for tech-based products. In addition, they can also be used to clarify any misinformation circulating about any existing products. However these days any expert on almost every topic can be found on social media. 

    Powerful Opinions

    Sometimes there are no clear or quantifiable differences between products. Their demand can solely come down to the marketing effort. In such a case a positive opinion of an influencer can make it stand out from the rest. Having multiple influencers shaping opinions can give a massive boost to the product’s sales. However, the use of influencers to shape opinions can be a double-edged sword.

    Dubious Authenticity 

    Influencers can have a negative impact if at any point their followers begin to view them as unauthentic. If an influencer is known to promote products just for the money it would not just destroy their image but that of the product as well. Moreover, there can be a blurry line between giving their own opinion and manipulating that of their followers. The manipulative undertones are the reason many now avoid using the word influencers to describe themselves. 

    Impostors and Fake Followers

    Another challenge with influencer-based marketing can be finding real influencers. These days fake followers are used by real as well as fake influencers. Likes, comments, and views can all be bought with money. Therefore all an impostor needs to do to look like an influencer is to post high-quality pics and videos and the fake followers will do the rest. The problem is that they will not drive demand. Therefore all money spent on them will be wasted. According to a report in 2020, 68% of marketers had experienced influencer fraud. 

    Finding and managing the right influencer

    Many of the influencers are lifestyle influencers. A single influencer may post travel videos, parenting tips, and fitness routines. As such finding an influencer who is popular in the field of your product can be difficult. Moreover managing a large number of influencers can be a task unto itself. Keeping a check on whether they are promoting your product or not through their content would require going through all of it. However modern-day technology and checklists can be used to place the burden of evidence on the influencers themselves.

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    Chukwuka Ubani

    Chukwuka Ubani is a passionate writer, he loves writing about people and he is a student of Computer Engineering. His favorite book is Half of a Yellow Sun by Chimamanda Ngozi Adichie.

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