Influencers are the way to reach and engage Gen-Z shoppers
Generation Z accounts for more than 40 percent of consumers in the U.S. With a collective annual spending power estimated at $143 billion, this group is projected to be the largest consumer population in the country by 2026.
When Gen-Z consumers seek shopping inspiration, these digital natives look to their favorite influencers and celebrities, who present a steady stream of recommendations via Instagram, TikTok, and Snapchat, which offer direct-buy functionality.
While only a quarter of the general population has made a buying decision based on the advice of a social-media influencer, nearly half of Generation Z has done so, writes Inc.com with reference to Kantar. Smaller businesses that cannot afford a big name celeb should take heart. Ninety-two percent of consumers place more trust in micro-influencers than endorsements from a celebrity or a traditional ad. Micro-influencers, whose smaller but highly-engaged followings fall between 1,000 to 50,000, tend to be viewed as more authentic.
Once brands discover where their target audience spends the most time, they can partner with an influencer who has cultivated an active and responsive following on that channel. This year alone, nearly 68 percent of U.S. marketers from companies with 100 or more employees will use influencer marketing. More than just a smart idea, investing in influencer marketing is a necessity. After all, if you’re not capturing Gen-Z’s attention, another brand will.
More Amazon news
Severe shipping delays from China due to Covid outbreak in Guangdong
Shipping delays and congestion worsen at South China ports Covid-19 outbrakes in Shenzhen and Guangzhou are causing serious shipping delays that could last until the end of June and lead to further rise in ocean freight rates. Yantian port, the key export facility in...
New services for online merchants
Ecommerce services by Instagram, Google and Facebook Here are some of the newly launched services for Ecommerce entrepreneurs by Instagram, Google and Facebook. Instagram launches section for product drops Instagram is adding a new feature to help connect...
Consumers feel guilty after shopping on Amazon, but keep coming back
Amazon reputation takes a plunge Amazon is dealing with a tsunami of online buying and shipping since the pandemic lockdown started and it continues to grow. Fulfillment centers are overloaded, causing shipments losses and delivery delays. Amazon has added more than...