Sunday, March 24, 2019

YouTube Loses to Instagram as the Top Influencer Platform


A new study by Rakuten Marketing polled 3500 consumers and 700 marketers on various topics related to digital marketing. 65% cited Instagram as the platform where they follow the most influencers, beating YouTube and Facebook. Video also won out as the preferred media format, over images and the written word. Interestingly, more people said they learned about new products from influencers more than their friends and family. If that’s true, the power of the influencer and micro-influencer cannot be denied. 4 out of 5 consumers said they had purchased something recommended by an influencer by clicking on a link or image that was shared.

The analysis of the poll points to a critical factor of influencer marketing – authenticity. People will fall away from influencers faster if they feel they’re being sold or that something is off brand with influencer themselves. Therefore, the influencers are highly motivated to find the right partnerships so as to stay true to their own brand. This adds a level of complexity for brands looking to find the right partnerships.

It seems there’s no denying that the fastest way to reach targeted, small audiences is through an incredibly valuable influencer and micro-influencer network.

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