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What is influencer marketing and how to apply it to online stores?

5.10.2024
Marketing

Influencer marketing is becoming an increasingly popular way for online stores to effectively reach their target audience. In case you run an online store, you've probably already come across the term "influencer marketing", but you might not be sure how exactly to apply this strategy to your business.

What is influencer marketing?

Influencer marketing is a marketing strategy that uses the influence of influencers to promote products or services. In this type of marketing, businesses work with influencers - creators who have a large influence on social media - to reach their followers and drive interest in the brand.

Influencers share authentic experiences and product recommendations, creating natural content that is more akin to advice from friends than traditional advertising. The goal of influencer marketing is to reach potential audiences through a trusted persona that has a real impact on their purchasing decisions.

Imagine a situation where an influencer shows products from a certain online store that they use and recommend in their videos or instastories, then their followers tend to consider this product as a quality product because of the trust they have for the influencer.

Why is influencer marketing important for online stores?

  1. Building trust - Influencers build a strong relationship with their audience that trusts them. When an influencer recommends a product, it often feels more authentic and trustworthy than an ad from the brand itself.
  2. Increase visibility - Working with influencers who have thousands or even millions of followers can dramatically increase awareness of your online store and products.
  3. Greater engagement - Influencer posts often get higher interaction rates (likes, comments, shares) than traditional ads. This allows your products to reach a much wider and more active range of people.
  4. Targeting specific groups - You can target your collaboration to specific demographics due to the large number of influencers on different platforms (Instagram, YouTube, Tiktok, etc.).

How to apply influencer marketing for your online store?

  1. Find suitable and reliable influencers - Choosing the right influencer is key. Focus on those whose followers match your target audience. It's not always important to look for influencers with millions of followers - so-called micro-influencers (those with fewer followers, usually between 10,000 and 100,000) can in some cases have higher engagement rates and be more effective for you.
  2. Our tip: Take great care when choosing influencers - the wrong influencer can be negatively associated with your brand, and this can tarnish your brand name.
  3. Set clear goals - What do you want to achieve by collaborating? Raising brand awareness, promoting a specific product, or increasing sales? Clear goals will help you determine how the influencer should promote your product - and also how you will measure the success of the promotion.
  4. Establish clear terms of engagement - Confirm that your chosen influencer has a clear idea of what you expect from them. Will he or she share Instagram posts in the form of Instastories? Will he or she film a YouTube video? Will he or she use a specific hashtag or link to your online store? These details should be part of the collaboration agreement.
  5. Measure results - Track your campaigns effectively. Use tracking links, coupon codes, or other tools that allow you to measure how many new customers or sales came because of influencer marketing.

Conclusion

Influencer marketing is one of the powerful tools to grow your online store, which can bring you new customers and increase your brand awareness. The key to success lies in the careful selection of representative influencers, clearly defined goals and regular measurement of results. If you apply this strategy correctly, you can look forward to long-term results and strong relationships with your customer base.

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