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Research Outline
Prepared for Ran B. | Delivered December 16, 2019
Influencer Marketing Industry: US
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Goals
To understand the influence/influencer marketing industry in the US in order to inform the decision of hiring one.
To understand the difference between influence marketing/influencer marketing and influencer campaign services.
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Early Findings
Definitions
Influence Marketing
Influence marketing, also known as
marketing influence
, is defined as "the set of techniques that tend to use the force of
recommendation or prescription
of influencers."
Influencer Marketing Agency
An
influencer marketing agency
identifies influencers and platforms that would be most relevant of a brand's/company's purposes.
The agency drives
the campaign
, provides corrective actions, and analyze the
result
.
Influencer Marketing
Influencer is
defined
as a "form of marketing that focuses on targeting
key industry leaders
to drive brand message and awareness to a specific market of consumers."
Top Social Media Marketing Agencies
The following are
five
of the
top agencies
as per third-party sites: The Manifest, UpCity, Google, and Clutch.
LYFE Marketing
Disruptive Advertising
Boostability
SociallyIn
Bad Rhino
Benefits of Hiring a Social Media Marketing Agency
Business marketing
. With effective strategies, social media marketing is a great way of informing the public on the products and services of a company/brand.
Building brand recognition.
Social media professionals and experts have the ability to determine how to garner attention for a brand. They understand where to begin, the most effective platform options, and the relevant content.
Getting clientele.
By making a brand more accessible, agencies optimize their ability to convert visitors to loyal customers.
Dealing with competition.
In competitive environments, an agency would be key in placing a brand ahead of the competition.
Summary of our Early Findings
As we carried out our research, we came across insights into social media marketing agencies. These agencies may also run influencer marketing campaigns.
Continued research will focus only on influencer marketing agencies.
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