This presentation is from Affiliate Summit East 2018 (July 29 - July 31, 2018 in New York).
Session description: Influencer Marketing is the fastest-growing customer-acquisition channel producing quality content with built-in distribution. Empower your customers to become micro-influencers to drive sales.
6. FAKE SOCIAL MEDIA FOLLOWERS AND ENGAGEMENT
"The continued viability of fraudulent accounts and interactions on social media platforms -
and the professionalization of these fraudulent services - is an indication that there's still
much work to do" - Mark Warner, Ranking Member of the Senate Intelligence Committee,
which is investigating the spread of fake accounts on social media.
“These accounts are counterfeit coins in the
booming economy of online influence, reaching
into virtually any industry where a mass audience
— or the illusion of it — can be monetized. Fake
accounts, deployed by governments, criminals and
entrepreneurs, now infest social media networks.”
“In November, Facebook disclosed to investors that it had
at least twice as many fake users as it previously estimated,
indicating that up to 60 million automated accounts may
roam the world’s largest social media platform.”
"...as many as 48 Million of Twitter's users...are
automated accounts designed to simulate real people"
New York Times Expose on Rampant Fraud January 27, 2018
10. B R A N D S
YOUR BRAND’S BEST
INFLUENCER IS YOUR
EXISTING CUSTOMER
WHO ORGANICALLY AND
AUTHENTICALLY LOVES
YOUR BRAND.
C u s t o m e r w o r d - o f - m o u t h a d v e r t i s i n g r e m a i n s t h e
r i c h e s t p a t h t o a u t h e n t i c i t y , n e w c u s t o m e r s , a n d R O I .
18. ENGAGEMENT CHALLENGES
B R A N D A M B A S S A D O R P R O G R A M S
PERFORMANCE-BASED
PAYMENTS. HANDLED.
In the first two months that Vanity Planet tested the Indi platform it
added 1,000 new influencers. “These were people who we weren’t
able to work with before because we didn’t have a platform to do
so,” Vanity Planet President, Mike Ponzillo says. And those
influencers delivered 2% of the retailer’s revenue in those first two
months. “That’s all incremental revenue,” he says. “These are
brand new people who are driving sales to our site.”
Internet Retailer Dec. 26, 2017