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Romblon State University Romblon - Sawang Campus *
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Course
2
Subject
Marketing
Date
Nov 24, 2024
Type
docx
Pages
8
Uploaded by DeaconAtomBison24
Potential Audience: Meet Alex, the owner of a small online boutique specializing in handmade
jewelry.
Claim:-
Utilizing social media influencer partnerships is a highly effective and budget-friendly approach
for companies to broaden their audience and establish brand trustworthiness.
Evidence:-
1-According to a study by Influencer Marketing Hub, businesses generate, on average, $5.20 in
earned media value for every $1 spent on influencer marketing.
2-Statistic reports that the global influencer marketing industry is projected to reach $13.8 billion
in 2021, emphasizing its significant growth and effectiveness.
Reasoning:-
Alex's small boutique can benefit greatly from influencer marketing, as it offers a highly efficient
and profitable strategy. With compelling numerical evidence to back it up, this approach has a
proven track record of generating significant returns on investment. What's more, a closer look at
real-life examples from a variety of businesses reveals that influencer collaborations are not just
reserved for large corporations, but can be successfully implemented by small businesses like
Alex's. True industry experts also stress the importance of authenticity in these partnerships,
further emphasizing their effectiveness. Additionally, visual data further illustrates the potential
impact of partnering with influencers, demonstrating how it can lead to increased engagement
and higher levels of credibility for the boutique. Ultimately, by leveraging the power of social
media influencers, Alex can overcome budget constraints and establish a strong brand presence
to reach a wider audience.
Reference
Yeo, X. Y. (2023).
Impact of influencer marketing on consumers’ purchase intention
.
Eprints.utar.edu.my.
http://eprints.utar.edu.my/5871/
Potential Audience: Meet Alex, the owner of a small online boutique specializing in handmade
jewelry.
Claim:-
Utilizing social media influencer partnerships is a highly effective and budget-friendly approach
for companies to broaden their audience and establish brand trustworthiness.
Evidence:-
1-According to a study by Influencer Marketing Hub, businesses generate, on average, $5.20 in
earned media value for every $1 spent on influencer marketing.
2-Statistic reports that the global influencer marketing industry is projected to reach $13.8 billion
in 2021, emphasizing its significant growth and effectiveness.
Reasoning:-
Alex's small boutique can benefit greatly from influencer marketing, as it offers a highly efficient
and profitable strategy. With compelling numerical evidence to back it up, this approach has a
proven track record of generating significant returns on investment. What's more, a closer look at
real-life examples from a variety of businesses reveals that influencer collaborations are not just
reserved for large corporations, but can be successfully implemented by small businesses like
Alex's. True industry experts also stress the importance of authenticity in these partnerships,
further emphasizing their effectiveness. Additionally, visual data further illustrates the potential
impact of partnering with influencers, demonstrating how it can lead to increased engagement
and higher levels of credibility for the boutique. Ultimately, by leveraging the power of social
media influencers, Alex can overcome budget constraints and establish a strong brand presence
to reach a wider audience.
Reference
Yeo, X. Y. (2023).
Impact of influencer marketing on consumers’ purchase intention
.
Eprints.utar.edu.my.
http://eprints.utar.edu.my/5871/
Potential Audience: Meet Alex, the owner of a small online boutique specializing in handmade
jewelry.
Claim:-
Your preview ends here
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Utilizing social media influencer partnerships is a highly effective and budget-friendly approach
for companies to broaden their audience and establish brand trustworthiness.
Evidence:-
1-According to a study by Influencer Marketing Hub, businesses generate, on average, $5.20 in
earned media value for every $1 spent on influencer marketing.
2-Statistic reports that the global influencer marketing industry is projected to reach $13.8 billion
in 2021, emphasizing its significant growth and effectiveness.
Reasoning:-
Alex's small boutique can benefit greatly from influencer marketing, as it offers a highly efficient
and profitable strategy. With compelling numerical evidence to back it up, this approach has a
proven track record of generating significant returns on investment. What's more, a closer look at
real-life examples from a variety of businesses reveals that influencer collaborations are not just
reserved for large corporations, but can be successfully implemented by small businesses like
Alex's. True industry experts also stress the importance of authenticity in these partnerships,
further emphasizing their effectiveness. Additionally, visual data further illustrates the potential
impact of partnering with influencers, demonstrating how it can lead to increased engagement
and higher levels of credibility for the boutique. Ultimately, by leveraging the power of social
media influencers, Alex can overcome budget constraints and establish a strong brand presence
to reach a wider audience.
Reference
Yeo, X. Y. (2023).
Impact of influencer marketing on consumers’ purchase intention
.
Eprints.utar.edu.my.
http://eprints.utar.edu.my/5871/
Potential Audience: Meet Alex, the owner of a small online boutique specializing in handmade
jewelry.
Claim:-
Utilizing social media influencer partnerships is a highly effective and budget-friendly approach
for companies to broaden their audience and establish brand trustworthiness.
Evidence:-
1-According to a study by Influencer Marketing Hub, businesses generate, on average, $5.20 in
earned media value for every $1 spent on influencer marketing.
2-Statistic reports that the global influencer marketing industry is projected to reach $13.8 billion
in 2021, emphasizing its significant growth and effectiveness.
Reasoning:-
Alex's small boutique can benefit greatly from influencer marketing, as it offers a highly efficient
and profitable strategy. With compelling numerical evidence to back it up, this approach has a
proven track record of generating significant returns on investment. What's more, a closer look at
real-life examples from a variety of businesses reveals that influencer collaborations are not just
reserved for large corporations, but can be successfully implemented by small businesses like
Alex's. True industry experts also stress the importance of authenticity in these partnerships,
further emphasizing their effectiveness. Additionally, visual data further illustrates the potential
impact of partnering with influencers, demonstrating how it can lead to increased engagement
and higher levels of credibility for the boutique. Ultimately, by leveraging the power of social
media influencers, Alex can overcome budget constraints and establish a strong brand presence
to reach a wider audience.
Reference
Yeo, X. Y. (2023).
Impact of influencer marketing on consumers’ purchase intention
.
Eprints.utar.edu.my.
http://eprints.utar.edu.my/5871/
Potential Audience: Meet Alex, the owner of a small online boutique specializing in handmade
jewelry.
Claim:-
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
- Access to all documents
- Unlimited textbook solutions
- 24/7 expert homework help
Utilizing social media influencer partnerships is a highly effective and budget-friendly approach
for companies to broaden their audience and establish brand trustworthiness.
Evidence:-
1-According to a study by Influencer Marketing Hub, businesses generate, on average, $5.20 in
earned media value for every $1 spent on influencer marketing.
2-Statistic reports that the global influencer marketing industry is projected to reach $13.8 billion
in 2021, emphasizing its significant growth and effectiveness.
Reasoning:-
Alex's small boutique can benefit greatly from influencer marketing, as it offers a highly efficient
and profitable strategy. With compelling numerical evidence to back it up, this approach has a
proven track record of generating significant returns on investment. What's more, a closer look at
real-life examples from a variety of businesses reveals that influencer collaborations are not just
reserved for large corporations, but can be successfully implemented by small businesses like
Alex's. True industry experts also stress the importance of authenticity in these partnerships,
further emphasizing their effectiveness. Additionally, visual data further illustrates the potential
impact of partnering with influencers, demonstrating how it can lead to increased engagement
and higher levels of credibility for the boutique. Ultimately, by leveraging the power of social
media influencers, Alex can overcome budget constraints and establish a strong brand presence
to reach a wider audience.
Reference
Yeo, X. Y. (2023).
Impact of influencer marketing on consumers’ purchase intention
.
Eprints.utar.edu.my.
http://eprints.utar.edu.my/5871/
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