{"id":2355,"date":"2022-02-07T01:58:05","date_gmt":"2022-02-07T06:58:05","guid":{"rendered":"https:\/\/advertisingweek.com\/aw360\/2022\/02\/07\/commerce-content-and-the-creator-economy-whats-new-in-2022-for-influencer-marketing\/"},"modified":"2022-02-07T01:58:05","modified_gmt":"2022-02-07T06:58:05","slug":"commerce-content-and-the-creator-economy-whats-new-in-2022-for-influencer-marketing","status":"publish","type":"post","link":"https:\/\/advertisingweek.com\/aw360\/news\/commerce-content-and-the-creator-economy-whats-new-in-2022-for-influencer-marketing\/2355\/","title":{"rendered":"Commerce, Content and the Creator Economy: What\u2019s New in 2022 for Influencer Marketing?"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><em>By Dafydd Woodward, Global MD, INCA<\/em><\/p>\n\n\n\n\n\n<p class=\"wp-block-paragraph\">Influencer marketing is ever-changing. Over the years, digital technologies have developed and innovations have emerged, providing influencers with an evolving outlet to express themselves authentically; an attribute which resonates well with audiences.<\/p>\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">Today, this influence is being realised and valued by marketers. In\u00a0a survey conducted by <a href=\"https:\/\/influencermarketinghub.com\/influencer-marketing-benchmark-report-2021\/\">Influencer Marketing Hub, 90% of respondents said they believed influencer marketing to be effective.<\/a><\/p>\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">Thanks to the growing acknowledgement of the role influencer marketing plays in the wider mix, the question brands ask is no longer why use it but how<em>\u00a0<\/em>to use it.<\/p>\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">In 2022, I believe there will be five key drivers behind the evolution of the influencer marketing industry, so what do brands need to know for the year ahead?<\/p>\n\n\n\n\n<h2 class=\"wp-block-heading\"><strong>1. &lsquo;The Metaverse&rsquo; Meets Influence<\/strong><\/h2>\n<p class=\"wp-block-paragraph\">Facebook officially changed its name to <a href=\"https:\/\/www.inca-global.com\/insights\/the-metaverse-is-here-now-what\/\" aria-label=\"meta, read on inca global\">Meta<\/a>, a move that stems from the company\u2019s long-term plans to build the next big thing: \u2018the metaverse\u2019. Although not yet fully realised, Mark Zuckerberg describes it as an interactive digital space where users don\u2019t simply consume content but are fully immersed in it.<\/p>\n\n\n\n\n\n<p class=\"wp-block-paragraph\">There is now a particular focus on how \u2018the metaverse\u2019 might impact the influencer marketing space and what opportunities it could provide for brands. Communicating with followers and large, established communities comes naturally to influencers, which makes them ideal candidates to engage in this virtual space. Influencer marketing is also primed to lean into the possibilities that blockchain technology provides, be they NFTs, crypto-currencies or crypto-tokens. In 2022, we will see the emergence of these technologies within the creator economy.<\/p>\n\n\n\n\n<h2 class=\"wp-block-heading\"><strong>2. A New Era of Creator Commerce<\/strong><\/h2>\n<p class=\"wp-block-paragraph\">After another year\u00a0of lockdowns and social restrictions,\u00a0consumers have\u00a0become even more reliant on technology, giving rise to a\u00a0pandemic-driven\u00a0boom in e-commerce. According to eMarketer, the social commerce market surged <a href=\"https:\/\/on.emarketer.com\/rs\/867-SLG-901\/images\/eMarketer_InMar_Analyst_Webinar_20210323.pdf\" aria-label=\"37.9 percent read on emarketer\">37.9%<\/a> to $26.77 billion in 2020 and social commerce sales in 2022 will reach $44 billion in the US alone.<\/p>\n\n\n\n\n\n<p class=\"wp-block-paragraph\">Facebook, TikTok, Instagram and Pinterest are responding to this change in behaviour, dedicating significant resources to the ongoing development of commerce capabilities.<\/p>\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">TikTok, for instance, revealed a new range of features at its first product showcase event, TikTok World 2021. The video-sharing platform announced innovative tools such as\u00a0<a href=\"https:\/\/www.inca-global.com\/insights\/tiktok-announces-new-creator-partnership-solutions-at-first-ever-business-showcase-event-what-does-it-mean-for-influencer-marketing\/\" aria-label=\"instant pages and pop up showcase, download pdf on inca global\">\u2018Instant Pages\u2019 and \u2018Pop-up Showcase\u2019<\/a>, designed to improve brand and creator collaboration and drive specific\u00a0attributable\u00a0actions from consumers.<\/p>\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">The power of influencer recommendation coupled with the rise\u00a0of e-commerce and continued investment in social shoppability means influencer marketing holds strong potential to drive\u00a0sales\u00a0for brands in the near future.\u00a0Intelligent content distribution and leading commerce technology should be the top considerations for brands whose goal is to convert influencer followers into consumers.<\/p>\n\n\n\n\n<h2 class=\"wp-block-heading\"><strong>3. QVC-Like Live Shopping Could Become a Staple in Social Commerce<\/strong><\/h2>\n<p class=\"wp-block-paragraph\">Staying\u00a0with the topic of social commerce technology and techniques,\u00a0influencer live shopping offers brands a way to tap into an engaged audience and drive immediate impact. Drawing\u00a0inspiration from television channels such as QVC, live shopping puts\u00a0brands and products at the heart of a sales-oriented content experience, fronted by influencers as\u00a0\u201cpresenters.\u201d<\/p>\n\n\n\n\n\n<p class=\"wp-block-paragraph\">On Pinterest and Amazon Live, for example, influencers can broadcast a live stream discussing their favourite products in an authentic, conversational style that resonates with followers.\u00a0This longer-form content\u00a0provides\u00a0an efficient way to deliver specific details about a product\u00a0to an audience that\u2019s receptive to sales messaging, streamlining the journey to purchase.<\/p>\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">Live shopping connects brands to consumers in a place where their target audience is actively seeking product information, usability and recommendations. Consequently, live shopping will likely be a more prevalent and familiar element of influencer marketing in 2022.<\/p>\n\n\n\n\n<h2 class=\"wp-block-heading\"><strong>4. Measurement Will Align With Other Media Channels<\/strong><\/h2>\n<p class=\"wp-block-paragraph\">Historically, the measurement of influencer campaigns has been overlooked by marketers. According to <a href=\"https:\/\/influencermarketinghub.com\/influencer-marketing-benchmark-report-2021\/\" aria-label=\"influencer marketing hub, read on influencer marketing hub\">Influencer Marketing Hub<\/a>, one-third of marketers admit that they do not measure ROI from their influencer campaigns but the market is maturing.<\/p>\n\n\n\n\n\n<p class=\"wp-block-paragraph\">As creator commerce gains more traction among brands, measurement will come to reflect the metrics used for other media channels in the mix. This is because brands leveraging commerce to drive sales will gain more robust insight and effectiveness data due to the clear correlation between ad spend, sales and ROI.<\/p>\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">As a result, the value of influencer marketing in the media plan is on an upward trend. With stronger measurement capabilities, brands will shift more spend from traditional to influencer marketing and more brands will adopt this technique to deliver meaningful outcomes. Marketers will have a greater focus on insights, enabling them to\u00a0take full advantage of the opportunity presented by influencer marketing and maximise\u00a0their operational\u00a0and media efficiency.<\/p>\n\n\n\n\n<h2 class=\"wp-block-heading\"><strong>5. Content Amplification Will Become Crucial<\/strong><\/h2>\n<p class=\"wp-block-paragraph\">Brands invest heavily in content generation but how can they make their investments work harder? One answer is content amplification. Boosting content using platform integrations and partnerships helps to maximise reach and engagement beyond organic audiences.<\/p>\n\n\n\n\n\n<p class=\"wp-block-paragraph\">This type of advanced distribution drives further scale outside of a creator\u2019s organic network, using a combination of influencer-generated content and other paid channels, for instance social media and even digital out of home (DOOH) or connected TV (CTV). Brands can then achieve more quantifiable results across top, mid and lower-funnel marketing objectives, generating better ROI from the influencer relationship.<\/p>\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">Content amplification also builds trust with followers through continuity, creating a long-lasting impression and prolonged brand awareness.<\/p>\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">As part of this trend, brands will begin to embrace an \u2018always on\u2019 strategy, unlocking more consumer insights with the ability to assess content, creator and audience data as it fluctuates across channels over time.<\/p>\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">These insights can then be used to inform and strengthen a brand\u2019s overall marketing strategy, consolidating influencer marketing as a vital part of the mix.<\/p>\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">In 2022, a larger number of marketers\u00a0will adopt and refine their influencer marketing strategies as new capabilities allow them to realise their full potential. From social commerce to advanced measurement and distribution, emerging trends are deepening the value of influencer marketing for brands looking to drive quantifiable business outcomes.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In 2022, a larger number of marketers\u00a0will adopt and refine their influencer marketing strategies as new capabilities allow them to realise their full potential. From social commerce to advanced measurement and distribution, emerging trends are deepening the value of influencer marketing for brands looking to drive quantifiable business outcomes.<\/p>\n","protected":false},"author":7,"featured_media":2356,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","editor_notices":[],"footnotes":""},"categories":[1],"tags":[4],"topics":[2],"class_list":["post-2355","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-culture","topics-editorial"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Commerce, Content and the Creator Economy: What\u2019s New in 2022 for Influencer Marketing? | AW360<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/advertisingweek.com\/aw360\/news\/commerce-content-and-the-creator-economy-whats-new-in-2022-for-influencer-marketing\/2355\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Commerce, Content and the Creator Economy: What\u2019s New in 2022 for Influencer Marketing?\" \/>\n<meta property=\"og:description\" content=\"In 2022, a larger number of marketers\u00a0will adopt and refine their influencer marketing strategies as new capabilities allow them to realise their full potential. 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