Influencer marketing over the years

In the early years, influencers were mainly associated with celebrities and macro-influencers with huge reach. Brands partnered with them to promote their products, mainly through more traditional media channels. As social media developed, a shift to micro-influencers. These influencers, with a more niche-oriented public, began to gain popularity because of their authentic connection with followers. Companies understood that the impact of influencer marketing depends not only on the number of followers, but also on the engagement and credibility of the influencer.

There is also a shift in diversity in the type of influencers. Whereas the focus used to be mainly on lifestyle and beauty influencers, we now also see experts in specific fields. There are, as mentioned earlier, different niches, making it important for a company to partner with influencers who are their specific target group appeal to get their message across in a more targeted and authentic way. Niche influencers, from experts to creative individuals, dominate platforms such as Instagram, YouTube and TikTok. For instance, we see entire communities on Tiktok based on different niches.

Influencer legislation

But with this strong rise also come other things. For instance, we see that the transparency of influencers becomes increasingly important as consumers become more discerning. Therefore, a requirement for clear designations of sponsored content was reinforced by laws and regulations to clarify the line between advertising and organic content. One of the most recent developments is the fine imposed for the first time on influencer Sarah Puttemans. This incident highlights the importance of clearly communicating advertisements.

Recent legislation, introduced in 2022, requires influencers to provide their company number, address and email address make public. These new regulations led to strong protest within the creator community, with specific concerns about influencer safety. In response, the FPS Economy legislation relaxed. Since 21 December, influencers no longer have to share their personal data directly on social media, but it is enough to do so on their website.

The importance of influencer marketing

In 2024, influencer marketing is no longer just a marketing trend; it is a crucial part become of any thoughtful digital marketing strategy. Its importance is driven by multiple factors that have a profound impact on the way brands present themselves and engage consumers.

First of all trust become a precious commodity in the digital space. People value more recommendations from people they know or admire than to traditional marketing. The latest SMI Barometer report, shows that 70% of Belgians follow influencers on social media, that percentage even rises to 84% among the 16-24 age group. This shows that the Belgian population values an influencer's opinion.

In addition, the shift to online shopping has strengthened the role of influencers. People trust on the opinions of influencers when making purchasing decisions, with influencers acting as trusted guides in the maze of product choices.

Another important aspect is the real-time engagement. Influencers have the power to generate immediate reactions, allowing brands to be able to respond more flexibly on trends and shifts in the market.

In short, influencer marketing has a remarkable evolution gone through, driven by technological advances, changing consumer preferences and the need for authenticity. It remains a dynamic field adapting to the fast-changing digital world. No idea how best to tackle this? You can always request a no-obligation consultation with Funkhaus to see what we can can help you.