Apparel November 2019 Apparel November 2019 issue | страница 72

NEW AVENUES INFLUENCER-DRIVEN PROMOTIONS ARE SUBTLER AND CONNECT WITH THE AUDIENCE MORE, DUE TO THEIR RELIANCE ON THE INFLUENCER’S VERY PERSONA. Due to the sheer access and range these networks have, businesses have begun looking to them as sources of earned media, i.e. publicity gained from non-advertising-style promotions. This is because the nature of social media generally tends to eschew traditional advertising. The overwhelming majority of online users usually avoids and dislikes the kind of advertising and promotions they are faced with on the web. However, with social media-based influencer advertising, research shows that consumers tend to be more pliable and tolerant of promotions. These influencer-driven promotions are subtler and connect with the audience more, due to their reliance on the influencer’s very persona. And this is what makes social media influencer advertising so valuable. Currently, the return on investment (ROI) for influencer-based promotions is nearly 18:1, which 70 I APPAREL I November 2019 means that for every dollar spent, the brand earns US$18 in return. This is a massively successful formula, which has made influencer marketing an essential part of any brand’s portfolio. It is also preferred due to its relatively easy execution, low participation cost, and excellent measurements of results. So, while multimillion-dollar advertising campaigns can be difficult to execute and even more challenging to measure in terms of effectiveness, social media influencers are low-risk, yet yield high rewards. Even small, new brands that may not have prior experience in marketing know that if they choose influencers that have an audience similar to their own product’s target market, they will be reasonably successful. And this is what makes social media- influencer marketing immensely valuable to the apparel industry. THE APPAREL CONNECTION With increasing internet speeds, greater data, and constant mobility, brands’ ability to reach consumers is becoming increasingly easy. A part of this transformation is also how consumers behave, make purchase decisions, and choose to spend their money. For apparel brands, this means showcasing their products in locations where their potential customers reside—social media. This is why a swiftly developing country such as India is rapidly seeing the rise of social media influencers, who are increasingly being reached out to, to promote fashion. Brands such as Nike and Gaurav Gupta have already begun to collaborate with some rising stars on Instagram, just as Louis Vuitton and jeans giant Pepe have partnered with others. These relationships are unlike traditional brand- ambassador relationships. For example, most social media influencers are not celebrities by any previous design. They are digital personalities who have amassed a following on social media due to the content and persona that they create