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
Amazon Prime Day 2020 postponed
Amazon delays Prime Day until October Amazon has delayed its annual shopping event several times in recent months due to coronavirus-related issues. That's three months later than anticipated and the first time in history the event will take place in a month other...
Amazon plans “Summer Sale” event to jumpstart sales after the pandemic
Amazon's “Summer Sale” event aims to boost retailers impacted by COVID-19Amazon has announced “Summer Sale” event that’s designed to provide a boost for sellers feeling the impacts of the coronavirus pandemic and the delay of the company’s annual Prime...
Amazon stops deliveries in some cities amid raging protests in the US
Amazon shipping delays due to violent riots in the USAmazon scaled back deliveries in a number of cities including Chicago and Los Angeles after the death of George Floyd sparked demonstrations across the country.Bloomberg reported that Amazon told its...