Moreover, this means that agencies and/or brands now have to possibly bear an
added cost. They will have to work with third-party vendors to gain direct access to their
influencer partners’ metrics—including likes, impressions and reach. Oh, and they can only
pick from those who are a part of
Instagram’s API partnership program. This puts agencies
and companies in a difficult position – either they invest money into these vendors, or
completely depend upon influencers for accurate engagement rates.
On the other hand, maybe this will prompt us to move beyond just the like and comment
metrics – attention metrics, for example, can be pulled into focus, wherein we look at video
completion rates or whether users turned the sound on for a video or not. In fact, this may
actually be a better metric when compared to a user simply liking a post – a lot of us tend to
simply auto-tap and skip from post to post, which means that there is almost no correlation
between likes and user attention. Similarly, sales lifts/drops may be looked into more now,
as a method to measure how successful an influencer marketing activity has been.
On the influencer’s end – well, if you’ve been smart, you haven’t made Instagram your
exclusive platform, and have hopefully tapped into TikTok. The little hearts at TikTok
might just be a replacement for the ones we used to find on Instagram! Moreover, with
complaints of Instagram being “saturated” being common (well, which platform isn’t?)
and people being frustrated with not being able to get on the explore page, there’s a
high chance that influencers will be open to exploring other/newer platforms. This
change might entail influencers creating content and being more active on platforms
like Facebook, Twitter, Youtube, and TikTok, but other than that, it doesn’t look like
Instagram is dying down any time soon.
One definite positive side to this entire change though, is that people will likely be paying
more attention to the quality and style of content. It’s less about “5,000 people liked this so
it must be cool” and more about creating content that can speak for itself, stand out on
your feed, and resonate with your audience.
Furthermore, now that likes have disappeared, brands will be looking
at metrics like video completion rates or conversion rates when signing on
influencers, thus further ensuring that there’s cool, quality content on our feeds for
days to come! Campaigns will also tend to be more sales driven, which definitely
puts more pressure on both marketers and influencers – as if our client servicing
team wasn’t the epitome of ‘The Walking Dead’ already. But, this should ideally push
us and the industry beyond our boundaries and lead to some exciting ideas and work
in the near future!
What are your thoughts on this change as a part of the digital marketing industry? Let us
know in the comments below!
WeBeeSocial is a full service creative digital marketing agency in New Delhi India. Our In-house Social Media team can help you identify the correct social audience, optimize your social media channels and design the best ads & social media campaigns. Feel free to connect with us to inquire more about our services here.