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
Senator Elizabeth Warren wants to break up Amazon, Google and Facebook
Senator Warren’s crusade against Big Tech The influential Massachusetts senator and presidential hopeful Elizabeth Warren has been a longtime critic of the consolidation of economic power by Amazon, Google and Facebook. Now she’s making their break-up a...
90% of shoppers in the UK use Amazon
Almost half of the shoppers have access to Prime Amazon is going nowhere it seems. Despite the competition, UK shoppers are routinely turning to Amazon for their shopping needs, with almost half using a Prime membership. According to the research conducted...
Amazon launches a LIVE streaming channel
LIVE product showcase by Amazon Live-streaming videos can drive sales, allow a brand to interact with their customers in real time and reach more shoppers Amazon recently launched a streaming channel Amazon Live, reports Engadget. The new channel...