™Marketing Magazine Issue 9 | Page 18

INFLUENCER MARKETING Why Should You Care About Influencer Marketing? BY: LEE ODEN I partnered with Traackr on research into enterprise brands and their use/views into influencer marketing. Based on this research, Brian Solis wrote an exceptional report, called Influence 2.0: The Future of Influencer Marketing. This report remains an important collection of trends and insights because influencer marketing is one of the most profound opportunities for enterprise organizations to transform their customer relationships. The research and report by Brian Solis outlines the failures as well as go forward best practices for implementing an evolved approach to brand and influencer relationships, which Brian calls Influence 2.0. In the case of the influencer marketing consulting we provide at our agency, the relationships built with influencers and the role of content, or "confluence" as Traackr calls it, are at the core of marketing that is better quality, has greater reach, credibility and impact. SOME OF THE MOST IMPORTANT INFLUENCER MARKETING TRENDS FROM THE INFLUENCE 2.0 REPORT INCLUDE: The difference between influencer marketing maturity of B2C companies and their B2B counterparts was striking. Especially that 48 percent of B2C influencer marketing programs are ongoing compared to only 11 percent for B2B companies. Longer sales cycles require more content with B2B buyers and with 80 percent of respondents rating content marketing as most impacted by influencer marketing, I think we’ll see a significant shift with B2B companies moving to ongoing programs. Content co-created between B2B brands and influencers is highly effective with the high demands for peer and expert information amongst business buyers. HOW INFLUENCER MARKETING STANDS OUT Most companies are still experimenting and not integrating influencer content across digital channels. Including trusted industry experts in brand content increases reach to new communities, adds credibility to brand message and inspires participating influencers to share - all while growing the brand and influencer relationship. Other strategies don’t come close to that level of trust with consumers. HOW INFLUENCER MARKETING WILL BECOME A CROSS FUNCTIONAL DISCIPLINE THAT WILL EXPAND BEYOND MARKETING Incorporating industry experts can add a credible voice and expertise to customer service, talent acquisition, brand, PR and other relationship-based communications between enterprise brands and their audiences. To that end, it is essential that influencer relationships are managed with a dynamic platform offering identification, engagement, management and analytics features. 18 | TULIPMEDIAGROUP.COM