The news: This week’s Amazon Prime Day event, its eighth-annual such sale, will incorporate a new wrinkle: influencer marketing.
The activation: The digital retail juggernaut booked event spaces and loaded them with goods that would be on sale on Prime Day. Think: bathrooms stocked with cosmetics and bedrooms loaded with home furnishings.
Zoom out: Approximately 313 retailers promoted sales alongside Prime Day in 2021—11% less than the prior year, per RetailMeNot. That could signal how difficult it is to compete against a massive event that has built such equity over time.
Why influencers? Influencers are growing in importance to the typical consumer.
In Q4 2021, the number of minutes watched on influencer-created content on Facebook and YouTube was up 7% versus the same period in 2020; media companies and brands, conversely, were down significantly.
Ukonwa Ojo, then-CMO of Prime Video and Amazon Studios, said during June’s Cannes Lions festival that creators have gone from a “nice to have” to “a critical part of how we go to market and how we succeed” over the past few years.
The big takeaway: Creating visually appealing content takes time and effort. Making that process easier for creators so they can produce and distribute content ahead of a big sale should be the goal of any retailer invested in influencer marketing.
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