What is influencer marketing?
Influencer marketing involves partnering with individuals who have established audiences on social media platforms to promote products or services. Unlike traditional celebrity endorsements, influencer marketing relies on digitally-native creators who have built trust with specific communities through consistent, user-generated content.
The practice operates across Instagram, TikTok, YouTube, and increasingly LinkedIn and podcasts. Marketers use influencer marketing to support business goals including brand awareness (66%) and revenue growth (55%), according to Sprout Social. Brands compensate influencers through flat fees, performance-based payments, product gifting, or hybrid models.
What is an influencer?
An influencer is an individual who can affect the purchasing decisions of their followers through their authority, knowledge, or relationship with that audience. The term encompasses those with millions of followers to niche content creators with a few thousand engaged fans.
Influencers differentiate from traditional celebrities through their direct, ongoing relationship with audiences. They create content consistently, respond to comments, and build community around specific interests. This accessibility creates perceived authenticity that brands leverage for marketing. 92% of consumers trust recommendations from individuals like friends and family over brands, per Nielsen, and successful influencers are often perceived as peers rather than advertisers.
What are the different types of influencers?
Influencers are categorized by follower count, which correlates with reach, engagement rates, and cost:
- Mega-influencers (1M+ followers). Influencers who offer massive reach, but come with high costs and often lower engagement rates.
- Macro-influencers (100K-1M followers) and Mid-tier influencers (up to 500K followers). Established creators with broad reach and professional content quality.
- Micro-influencers (up to 50K followers). Niche-focused creators with strong community relationships and higher engagement rates.
- Nano-influencers (up to 10K followers). Everyday consumers with small but highly engaged audiences. Nano-influencers on TikTok average 10.3% engagement rates, per Influencer Marketing Hub, while Instagram nano-influencers average 6.23%, according to data shared exclusively with EMARKETER by KPI partner Captiv8.
What challenges are holding influencer marketing back?