Back to Search
Start Over
Influencer Marketing in Niche Markets: Strategies for Success.
- Source :
- Library of Progress-Library Science, Information Technology & Computer; Jul-Dec2024, Vol. 44 Issue 3, p14255-14263, 9p
- Publication Year :
- 2024
-
Abstract
- Influencer marketing has emerged as a powerful tool in digital marketing, particularly in niche markets where targeted consumer engagement is critical. This paper explores the strategic approaches that businesses can adopt to harness influencer marketing effectively in niche sectors. It delves into the distinct characteristics of niche markets, such as smaller audience sizes and specialized interests, and examines how these factors influence marketing strategies. The paper highlights the importance of aligning influencers with a brand's values, products, and target audience to build authenticity and trust. Moreover, the study discusses various influencer selection criteria, including relevance, reach, and engagement rates, which are essential for creating impactful campaigns in niche markets. It also explores the role of micro and nano influencers, whose deeper connections with their followers make them particularly valuable in targeting specific audiences. The study emphasizes the need for brands to foster long-term partnerships with influencers to maintain credibility and drive sustained engagement. Additionally, it analyzes the metrics and tools available to measure the effectiveness of influencer campaigns, focusing on return on investment (ROI), audience reach, and engagement. Finally, the paper identifies potential challenges, such as limited scalability and the risk of market saturation, and provides recommendations for overcoming these barriers. This review offers valuable insights into the evolving landscape of influencer marketing and presents strategic frameworks that businesses can adopt to succeed in niche markets. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 09701052
- Volume :
- 44
- Issue :
- 3
- Database :
- Complementary Index
- Journal :
- Library of Progress-Library Science, Information Technology & Computer
- Publication Type :
- Academic Journal
- Accession number :
- 180918509