The Death of Influencer Marketing?

The Fyre Festival was a festival goer’s nightmare. Organizers promised a chic and luxurious experience in the Bahamas, with concert goers spending up to $12,000 to attend.The festival was promoted through influencer marketing, using Victoria Secret models, Kendal Jenner and Bella Hadid. The models were shown on luxurious beaches with Jetski’s, a huge concert and classy boats, all on a private island once owned by Paoblo Escobar. Yet, when people arrived to the concert site, there was construction, wet bedding, and tents instead of villas. The fact that it was a private Island made the disaster worse. When it became clear that staying on the Island was a bad idea for concert goers, (The night that they flew in) the airport was closed, thus trapping guests on the island.

The Fyre Festival, while being an absolute tragedy,  demonstrated the power of influencer marketing. It promoted a new festival that no one had ever heard of and got people to but tickets ranging from $1,500 to $12,000

Ever since the Fyre Festival’s catastrophe, the future of influencer marketing has been in question. In the weeks after the festival, news outlets were showing polls showing how consumers are no longer trusting influencers in the aftermath of the Fyre Festival.

But while there may have been a dip in the popularity of influencer marketing from the Fyre Festival backlash, influencer marketing is here to stay. Why?

Consumers are Not Responding to Traditional Marketing

47% of  consumers in the 18-24 age range uses ad blockers. Traditional web ads are being phased out of use. And video ads and commercials on television are getting less and less viewership. Netflix is slowly replacing traditional tv and Netflix doesn’t show ads. Additionally the minute commercials come on when watching tv, phones come out and consumers are checking their Facebook, Instagram and Twitter. Traditional marketing isn’t reaching consumers, yet influencer marketing is.

Organic Exposure 24/7

Influencer marketing is here to stay because its organic. Save for the Superbowl, no one watches TV to see the ads. Audiences on social media, however, are always looking at what products their favourite influencers are using. One can see this in the rise of youtube beauty guru’s, fashion blogs, and vlogs featuring products. A morning routine on youtube could be an ad for a facewash, toothpaste, pyjamas, and the audience is actively seeking out the advertisement instead of having it blare at them on TV.

 

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s