Marketers today are obsessed with finding authenticity. And as advertising moves toward digital and social in an effort to build more direct relationships with consumers, that singular preoccupation has morphed traditional ads into things that don't look like ads at all.
On top of that, consumers have more choices and information sources than ever to inform their purchases. The result is an entirely new suite of products to win consumers online, from sponsored posts to branded Pinterest recipes to native advertising.
Each of those attempts is driven by a desire to reach people in ways that marketers can claim is "authentic" because it reaches consumers at their own level.
But as quickly as marketers can introduce their latest gimmick, consumers learn to spot the advertisements and question their authenticity. The trust problem that marketers are up against is real: Only 4% of consumers say marketers act with integrity, a poll by AdAge found. You can see that statistic play out in research around the new consumer-buying journey: McKinsey estimated that 74% of final buying decisions are affected not by ads but by people—conversations with acquaintances, point-of-sale associates, and online.
Enter influencer marketing, the top marketing trend of 2016, which had hoped to reclaim authenticity in advertising and influence the conversations consumers are already having with experts and one another.
Influencer marketing is often done by targeting social media heroes who have thousands of followers, likes, and shares, and then, in most cases, paying them to endorse a brand's products.
But if brands aren't careful, they can end up with "wannabe influencers" like the guy in our parody video. Do we really believe influence happens only on Instagram, and that a paid endorsement without disclosure is the one sneaky marketing tactic that we should feel good about?
There are better ways to do influencer marketing. Here are three tips to help you get there.