This is the way of spot business, and people are searching for ways to make it more cost-efficient; companies making their corporate videos have been working on ideas diligently after traditionally done research studies losing an edge over other competitors in such a cutthroat competition day spent on commercial video proactively solutions. Now, this might also be an expensive lesson for influencers, at least in the EU, where there is a legal requirement to label commercial content.
The Rise Of Video Marketing & How Influencers Are Using It On The Go To Sell Products
It is worth mentioning that influencers are always on a quest to find amazing ways to entertain their audience. In recent years, businesses have shifted to video marketing, coupled with the top affiliate programs tools that have led them to promote their brand. Whether publishing reviews of products you love or creating in-depth tutorials, influencers can reach their audiences more personally and drive sales through video.
But what exactly is leading to this video marketing boom with social media influencers? This time, we break down why – and how video became the primary medium content creators use to make waves in the bustling landscape of online marketing. EU study shows that most influencers do not confess to advertising.
SOURCE: Reuters
Most influencers being paid to promote brands are not declaring so.
14 Feb 2024 — Four in five social media influencers flout EU advertising lawISTANBUL (AP) – More than four out of every five online ‘influencers' led to disclose..
But is it that uncommon for an influencer to forget her #ad?
7 Reasons Video Marketing Is Increasing In The Influencer Space
The European Commission and the national consumer bodies of 22 Member States, Norway and Iceland have today released their screening (“sweep”) operation results about social media posts that can be qualified as advertisements. The sweep also uncovered that practically every influencer (97%) posted promotional content, so only one in five consistently revealed their ads were a cause for concern. The sweep aims to determine whether influencers communicate their advertising undertakings by EU consumer law. They reviewed posts from 576 influencers across all primary social media sites.
Findings of the sweep
- 97% of Commercial Content Posts Were Disclosed, Only 20% Properly Closed the Ad
- 78. 26% of the verified influencers had a business; on average, it was registered as national traders, thereby effecting full evitable national income tax accruement.
- 30% did not use company contact details, e.g. email, business name or address;
- Other platform labels used to declare commercial content were uncommon, with 38% of influencers using the “paid partnership” toggle on Instagram; however, many opted for alternative terms. Other wording included ‘collaboration' (16%), ‘partnership' (15%) or a generic thanks to partner brand mentions(11%,).
- The disclosure was visible in all commercial communication made by 40% of influencers checked. The type of disclosure at each specific post was as follows: — 34% were visible without further steps such as clicking on ‘read more' or scrolling down;
- The remaining 40% is split between promoting themselves with their products, services or brands. 6 — 0% ad disclosure (OMG people, at least be honest)
- Influencers: 44% had personal websites, and over half displayed posts explicitly selling items on them.
The sweep identified 358 influencers, which were flagged for follow-up scrutiny. Those people will now be contacted by national authorities and told to comply with the law. Additional enforcement measures will follow as appropriate under national law
The sweep results were also used by the Commission in a hands-on manner, and special findings representing a supporting pillar of evidence regarding DSA platforms' formal obligations and enforcement actions branches will be made.
Questionable marketing is just an example of why we need modern and good laws – sufficient to keep the balance of online value. That is why the findings of the sweep will also be relayed into a “Digital fairness fitness check on EU consumer law,” which was kicked off by the European Commission in Spring 2022. The fitness check directly relates to how consumers are affected in the digital world, while also evaluating whether existing EU law is effective enough to provide high standards of consumer protection but if not, developing specific adaptation tools can serve better for fixing these problems.
The Fitness Check assesses the Unfair Commercial Practices Directive, Consumer Rights Directive and Unfair Contract Terms Directive. It evaluates whether these Directives can adequately address several concerns related to consumer protection, such as dark patterns, personalization practices, influencer marketing, contract cancellations and withdrawal rights (attractive message); strategies against spamming and phishing emails for customers composing a new email account too rapidly so the attainment you send will be marked as Spam.) Other additional items that potentially arise from extended use of digital products.
Increased Engagement
Influencers are using video marketing to advertise products as it has more engagement. Videos hold a special place as far as grabbing viewers' attention and keeping them immersed in the content for long periods concerning traditional forms of content. Given the way, influencers combine visuals, audio and storytelling to create powerful narratives that stick with their audience emotionally.
As such, Video Content spurs more interaction from viewers and encourages sharing, which is tied to overall heightened engagement across social media channels. This increased engagement not only improves the relationship between influencers and their followers but also makes product promotion more effective.
Higher Conversion Rates
Higher conversion rates are one of the main reasons behind this increasing trend for video marketing by influencers to market products. For example, research has repeatedly demonstrated that an influencer video marketing strategy has prompted more viewers to make purchasing decisions directly from watching videos than other types of content.
Videos offer an immersive experience, meaning influencers can show their product in the context of use much more effectively, point out everything to be proud of, or explain away some potential reservations, thus giving the audience confidence when deciding to purchase.
That additional level of trust and engagement frequently results in higher conversions, making video marketing an excellent resource for influencers wanting to sell products or services while achieving various other advertising objectives.
Improved Storytelling Functionalities
Thanks to video's storytelling abilities, it has become a go-to way for influencers to market products. Videos give influencers a platform to create encompassing stories about any of their products. Using video as a visual narrative, influencers can easily explain the benefits and use cases of how they add value to their audience.
The goal of influencers was to generate a direct catchment area from their etc visitors who visit other sources or full-support sides through video content. The skill of contemptuous storytelling not only provides Influencers with an impetus to outweigh the audiences on a more human scale, but it enhances chances for driving discovery and purchases towards featured products.
Improved Brand Visibility
Video marketing is growing in popularity among influencers, largely due to the potential for heightened brand exposure. Today, Videos are extensively used to magnify a brand's digital presence across IMAX screens to smaller handheld devices.
Influencers use video to visually display products and make it easier for their audience to connect with appeal, ultimately creating monster branded recognition & recall as thousands or potentially millions see the content! In addition, video content is an excellent way to boost your exposure through search engine results and social media algorithms that favour it.
By deploying video marketing in their promotional strategies, influencers can significantly increase the brand visibility they advocate for and, accordingly, provide better audience awareness and engagement success.
Multi-platform Accessibility
Video marketing for product promotion by influencers is fast gaining momentum, thanks to the widespread availability across multiple platforms. While traditional forms of advertising could be limited to certain channels, video content is easily shareable and can typically cross over various platforms (social media, websites or streaming services).
That versatility allows influencers to connect with their audience wherever they are already online. Moreover, the advent of mobile Technology has brought about a surge in video consumption – thus broadening the audiences that can be reached and expanding their sizes for those tuning into video marketing material.
In doing so, they can improve the reach and accessibility of their product promotion strategies by taking advantage of the proliferation of video, this time offered to every influencer on any platform.
Ability to Communicate Product Values & Features
The hype of video marketing that can be seen in showcases for influencers represents well the adept highlighting features and benefits. Influencers have a way of presenting their endorsed products' unique features and advantages excitingly with visually appealing content.
Whether it is showing how a skin care product rejuvenates the face, representing exactly what o kitchen tool can do or explaining why CBD massage oil helps you to relax best – they serve as an impressive medium for displaying characteristics in action.
Influencers can SHOW, SHARE and INFOM on a value proposition and how their target audience can tangibly benefit from implementing into one's life demonstrations, testimonials & lived experiences.
This type of interactive game allows users not only to be captivated but also helps increase confidence and interest in advertised products, eventually leading to increased sales and brand exposure.
More Chance of Creativity
There is a surge in video marketing by influencers to sell the products simply because of its ability to demonstrate what makes their product unique efficiently. In this captivating way of visually-triggered content, influencers can illustrate the attributes and advantages that separate out products upon their consumption.
An effective presentation gives consumers insight into what separates one product from another, from showing the soothing effects of a skincare product on the skin to displaying what you can do with a kitchen gadget or how well CBD massage oil works as a stress relief solution!
This ensures that influencers can stand out in a noisy digital space. It also means they are free to make sure their content speaks authentically to their viewers. They can leverage the power of creativity to enhance exposure and boost engagement when promoting their products among followers.