Predicting 2024’s influencer future
Submitted by: Lungile SiyayaAs 2024 unfolds, the social media influencer landscape has experienced a vibrant transformation, offering exciting opportunities for businesses to capitalise on these shifts and come up with innovative strategies that harness the strength of the various platforms at their disposal. As we peer into the social media crystal ball, we explore some of the anticipated trends that will command attention this year, writes Danyaal Cloete, Managing Director at Social Star.
The impact of influencers in the social media marketing space is expanding at an unfathomable rate. So much so that studies indicate that 60% of marketers believe influencer-generated posts outperform traditional branded content, while a substantial 83% of business owners view influencer marketing as a valuable tool for business growth.
While jumping head-first into influencer marketing may seem like the logical choice, it's essential that marketers not just dip their toes into the water, but surf the waves of current industry trends. Having a thorough understanding of these trends will bring with it a tidal wave of exposure and return on investment, and ensure that brands don’t drown in a sea full of others trying to stake their claim to fame.
The rise of AI influencers
With studies suggesting that 63% of surveyed influencer marketers plan to harness the potential of AI in their marketing endeavours this year, artificial intelligence (AI) is taking centre stage in the influencer world.
AI influencers are becoming increasingly sophisticated, boasting hyper-realistic appearances and personalities that continue to evolve. These digital avatars are not just computer-generated faces, but are designed to engage with audiences and create a new dimension for brands to explore.
While they won’t replace human influencers, the emergence of AI influencers introduces groundbreaking opportunities for brands to adopt a distinctive and futuristic approach to their marketing campaigns and enable greater control over creativity.
Organic authenticity sells more
According to Nielsen, 92% of social media users trust influencer recommendations. This level of trust is rooted in authenticity, and is critical in a world saturated with content.
So much so that in 2024, it is expected that brands will increasingly turn to the power of influencers who organically align with their values and messaging. This is particularly relevant as audiences continue to become more discerning, seeking genuine connections and relatable content.
Influencers who authentically represent a brand will outshine those who simply chase trends or accept collaborations for the sake of financial benefit. The future belongs to influencers whose personal brand seamlessly integrates with the products they endorse.
Long-term wins in a noisy world
In a digital landscape filled with noise and short-lived trends, the true winners will be those who invest in long-term collaborations. While quick, one-off partnerships may generate the required buzz, the real impact lies in sustained, long-term partnerships with influencers.
Brands that commit to extended collaborations, spanning months or even years, create a consistent presence in the minds of their audience. Doing so will foster a sense of familiarity and trust, turning one-time buyers into committed and loyal customers.
As we venture into the dynamic influencer-driven landscape of 2024, it is evident that the future belongs to those who not only navigate the present trends, but embrace the transformative potential that lies ahead.
Eclipse Communications opened its doors in 1998 by Founding Partner, Jacki McEwen with just two clients based in Cape Town. Within a decade, she grew the client base to include the likes of Master Builders Association of Western Cape (MBA), Protea Hospitality Corporation, Cape Union Mart, Procter & Gamble and others across various industries. The focus of the agency was largely on traditional corporate and consumer public relations. Today, we are one of South Africa’s fastest growing, independent communications agencies, acknowledged as the Best Large PR Consultancy at the 2020 PRISM Awards and Public Relations Agency of the Year at the fm AdFocus Awards 2020. Our footprint extends beyond the three major city centres in South Africa, to Mauritius, our first African-owned office outside of South Africa. Additionally, we have four in-country communications partners in Kenya, Nigeria, Namibia and Israel.