Understanding The Difference Between Influence Marketing And Influencer Marketing
September 10, 2018
It’s love at first sight: with your friend’s new sofa, or maybe your boss’s handbag. You want to know where you can get one, but you never get a chance to ask. Or maybe it's a dress worn by a celebrity on the red carpet catches your eye. You sift through one Google search result after another to find it. You even post a picture on your social media, hoping friends can help.
Every time something like this happens, it represents not just a dissatisfied shopper, but also a lost sale. Monetizing the influence of these contexts, something I've been working toward within my own business, can be an enormous marketing opportunity. I call it “influence marketing.”
Influence marketing should not be confused with “influencer marketing,” which focuses on individuals pushing products to consumers. Instead, it's about the power of content or context and empowering consumers with relevant data throughout the entire path to purchase, from brand awareness and consideration to purchase decision, which includes comparing products’ quality, price, popularity, proximity and even relatability.
Read more at Forbes