One concept that a few panels tossed around at ad:tech was the idea of “influencers.” An influencer, some marketers claim, is a person that has extreme pull over a large number of friends, fans and followers. Basically, if you can nab an influencer, you also nab a bunch more consumers. Many act on this strategy by offering free products and coupons to verified “influencers” and allow them to comment on, tweet about and rate a brand. Theoretically, giving free stuff to this one person more than pays for itself because their friends will rush stores and buy the brand, hoping to be as cool as the influencer.
As they tried to compete with Apple’s iPod, for example, Sony let amateur athletes try out their digital music player which was specialized for sweaty moments because it is waterproof (unlike the infamously fragile iPod). These weren’t just any athletes - they each had large, yet personal, followings. The strategy worked in a sense. These athletes posted pics and many a status was updated about Sony’s Walkman. Others went to Amazon and gave the product top ratings. However, their actual “influence” over others is near impossible to quantify. Did their flock of Facebook sheep rush to a local Best Buy and actually buy the product?
According to Paul Adams, there is no way to tell and significant evidence to show that the herd probably didn’t. Adams should know - he’s the Global Brand Experience Manager for Facebook. He gave a keynote speech at ad:tech entitled “Thinking Beyond Influencers.” Adams claims that the idea of an influencer is a myth, even though the digital advertising holds it as gospel.
Try looking to your own experience. If these “influencers” are so prevalent, there should be at least a few among your own batch of Facebook friends. Therefore, when one of them posts about a great new product, restaurant or exotic locale, you should have the urge to click to Amazon or Expedia or grab the keys and try out the cuisine for yourself. Is that how you act?
Most likely not, says Adams. He claims instead that we live in networks and that we all have some small influence over our vast group of friends. Does it not seem more likely that you’d try out a new product after several of your good friends praise it, as opposed to one behemoth scenester giving it a good rating?
How does this work for advertisers? Adams says that it’s complicated. That’s because the networks are complicated and hard to exactly pin down in the data. However, he suggests broadening an approach to include non-“influencers,” yet trying hard to keep things personal. This may seem contradictory, but well worth the effort. Going after a whole network of consumers will have much greater rewards than chasing imaginary influencers.
This article is part of Allvoices’ series on ad:tech, the largest digital marketing and technology conferences and expositions. Check out allvoices.com/adtech for more of Allvoices’ ad:tech San Francisco event coverage. This series is supported by ad:tech.
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You write that marketers target "influencers" because they think these people have "extreme pull over a large number of friends, fans and followers." Now wait. Stop right there. What are they basing this on? How do the marketers know that this "influencer" has such "extreme pull" when it comes to actual sales? If they point to the person's large Twitter following or maybe a high Klout score, then they're not answering the question. Which is also to say they're not going after actual influencers, but rather people who are merely popular.
Influencers are not a myth. There have always been and always will be people the buyer listens to when forming purchasing decisions, and it's these people who are influencers. Just because these "scenesters" as you call them aren't influencers doesn't mean real ones don't exist, or that influencer marketing as a strategy is somehow bankrupt. The real myth is that people are influencers simply by virtue of their social media following.
I think we agree that these scenesters aren't actual influencers when it comes to sales, so don't describe them as such. Don't let these marketers and online influence scorers define "influencer" and "influencer marketing" for you/us.
Thanks,
David
http://influencermarketingreview.com/
I think Paul Adams was trying to expose the myth of influencers as "popular" folks with large social media followings. I agree that "stranger-experts" with blogs or social media outreach have clear influence over potential consumers. But an advertiser might never find these true influencers if they just go after people with the biggest Klout score.
In the end, it really depends on how "influencer" is defined. And, unfortunately, I believe there is a big push to conflate popularity with influence, even though the evidence and personal experience says otherwise.
However, I would never deny the fact that articulate experts exert influence and are well worth targeting.
Thanks!
-Barry
I couldn't agree with you more about the unfortunate 'big push to conflate popularity with influence'. I think Paul Gillin nailed it (as he often does) when he wrote recently that influencer is "an important concept [that] is quickly spiraling out of control."
I think your post and my comment were ultimately driving at the same thing - that these so-called "influencers" just are not actual influencers in the context of sales. As I'm sure you find, it's tricky (annoying?) to have to point out that a lot of people are wrong about "influencers" while trying to be an advocate of influencer marketing at the same time.
Best,
David