A blog for students of Professor Kagan's Digital Marketing Strategy course to comment and highlight class topics. From the various channels for marketing on the internet, to SaaS and e-commerce business models, anything related to the class is fair game.
Wednesday, February 01, 2017
Influencer Marketing
While scrolling through Instagram I am often served content that is sponsored by brands, clearly marked and has links through to that retailer's website. However there are often times when I see that an Instagram Celebrity with over 1 million followers is promoting a product in native advertising that may not be disclosed through #ad. The rise of the influencer industry is staggering as we are now looking to Instagram and Snapchat personalities to help define fashion as opposed to magazines 20 years ago. There is an important role for brands to play here and a very large addressable market. However it is also important to maintain ethical advertising so the payment from brand to influencer is clearly disclosed.
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