Influencer marketing – An ideal opportunity to enhance sales during the festive season

Influencer marketing – An ideal opportunity to enhance sales during the festive season

Businesses eagerly anticipate good sales during the year-end festive season as lives have lastly reverted again to regular after two years due to the pandemic. The festive season is normally that point of the 12 months when consumers go all-out on a buying spree. With the dramatic improve in the variety of lively social media customers, digital platforms play an important position in driving sales and producing income. Considering this, manufacturers want to formulate marketing methods consistent with social media developments.  
Influencer marketing presents manufacturers strong methods to prioritise buyer engagement and retention via user-generated content material (UGC). No surprise, it’s the fastest-growing marketing channel, surpassing different on-line marketing methods like affiliate marketing and paid commercials. Brand spending on influencers has elevated by 25-30 per cent in the final 12 months, and influencer promoting in India is anticipated to attain USD 289.30 million by 2027.
Influencers like vloggers, bloggers, YouTubers, Instagrammers, and celebrities with excessive follower bases, improve model attain and consciousness and persuade the viewers to purchase merchandise. 
Maximised Impact During the Festive Season
The year-end festive season is one among the busiest instances for influencer marketing professionals, as 93 per cent of manufacturers’ campaigns intention to ship festive-centric, clutter-free content material via influencer marketing. Since 48% of shoppers are possible to spend extra during the festive season, Christmas and New Year is a good time for companies to faucet a wider viewers.  
Businesses intend to maximize engagement with their followers round the year-end festivals. And influencers will help enterprises to enhance sales by organically spreading phrase of mouth, endorsing, and selling enterprise merchandise on social media platforms like Instagram, Facebook, Twitter, YouTube, and so forth., making them stand out from the crowd. 
HDFC Bank final 12 months aptly leveraged Instagram’s #AddAnAdvert influencer marketing marketing campaign during the festive season. Celebrity influencers like R Madhavan, Ali Faizal, Radhika Apte, and Yami Gautam joined the bandwagon explaining how to store with HDFC Bank’s “Festive Treats” utilizing simple EMIs to buy their dream properties, automobiles, bikes, devices, and so forth. The well-appreciated marketing marketing campaign garnered greater than 1 million interactions and 20 million impressions in simply 48 hours. 
Leveraging Influencer Marketing for Enhanced Sales and ROI
The shoppable influencer content material impacts the buying intent of consumers, attractive the viewers to purchase merchandise. About 49% of shoppers depend on influencer suggestions on social media to make shopping for choices. Thus, influencer marketing provide companies an opportunity to improve conversion touchpoints, shopper retention and enhance product consciousness.
According to 60% of entrepreneurs, influencer-generated posts outperform branded posts. Compared to different digital media methods, the ROI of influencer marketing is 11x larger. Businesses generate a median of USD 6.50 for each USD spent on influencer marketing, indicating an ROI of 650 per cent. Since most influencers are already trusted by their followers, they get their followers to belief the enterprise, constructing credibility amongst the followers.  
Bottom Line
In India, over 2 million content material creators work throughout numerous industries, enabling manufacturers to interact with the viewers and seamlessly set up a powerful on-line presence. Brands leveraging influencer marketing methods to generate leads witness promising outcomes, as 61.2 per cent of manufacturers acknowledge the energy of influencer marketing and its means to onboard new clients.
As companies plan to improve their income and outreach via influencer marketing, now could be the most acceptable time, as persons are extra receptive when festive cheer is at its peak. Influencer marketing presents companies the good opportunity to drive sales successfully, enhance model consciousness, and enhance buyer loyalty at decrease prices.

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Disclaimer Views expressed above are the writer’s personal.

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