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Influencer Marketing Agency Hype Factory

Influencer Marketing for FMCG

Everyone knows that fashion, travel, and health and fitness are great industries for influencer marketing campaigns. However, in recent years, FMCG companies have shown significant interest in an influencer. Fast-moving consumer goods (FMCG) actually pair well with this type of marketing strategy.

The FMCG industry is expanding rapidly, at a compound annual growth rate of 14.7%. This means that by 2025, the industry as a whole is predicted to account for close to $220 billion in revenue. Influencer marketing is being used by a growing number of well-known companies to expand their product lines into new customers demographics.Find out how FMCG and influencer marketing have become an effective duo.
The Rise of Fast-Moving Consumer Goods (FMCG)
Fast-moving customer goods Along with "consumer packaged goods," this group also includes things that are easy to get and can be found anywhere. FMCG are a category of readily available, low-priced goods. Along with "consumer packaged goods," this group also includes things that are easy to get and can be found anywhere.

Some of the most recognizable brand in the world come from manufacturers like Nestlé, PepsiCo, and Coca-Cola, while many other firms, like Procter & Gamble (P&G), Unilever, and AB InBev, are relatively unknown to the general public. FMCG also have large volume sales but poor profit margins, a reflection of the fierce competition in this sector. Soda, fresh produce, and over-the-counter drugs such as paracetamol are all examples of such items.

Fast-moving client goods include packaged foods, toiletries, stationery, cleaning supplies, laundry items, personal care products, alcoholic drinks, and low-cost buyer electronics like cell phones. Some fast-moving assets such as milk, bread, fruit, and vegetables, will have a short shelf life and need to be consumed within a few days. The fact that FMCGs account for more than half of all customers purchases demonstrates how fundamental they are. When compared to 2010, when just about 23 brands were among the world's top 100, this expansion is significant.
Influencer Marketing for FMCG: Impact and Advantages
The FMCG industry is not an exception to the rule when it comes to a brand that can profit from influencer marketing. An influencer can help you sell your products to people you haven't reached yet, which could lead to a lot of sales quickly. The customer packaged items industry can get the following benefits:

  • Focusing on a narrow market
    Despite many brands having a wide target market, influencer marketing allows businesses to target more particular demographics. They need only identify a well-known figure who is popular with that target audience. Most of the time, these marketers will be micro- or nano-sized, with a small audience that is more than made up for by how well they engage with their audience.

  • Boost online shopping activity
    During the epidemic, it was especially important for businesses to have a visible online presence and actively engage with their target audience. By working with an influencer during a time when people liked to buy merchandise and services online, a brand is able to increase their e-commerce sales and have a stronger online presence. An influencer can help you sell your products to people you haven't reached yet, which could lead to a lot of sales quickly.

  • Influencers making a difference
    An influencer can help bring a brand's consumer products to the attention of more people. As a consumer, you might think you know everything there is to know about a product you use every day. Still, marketers can make useful content to show how people usually think about the product and the best way to use it. Also, when a brand uses influencers, they can give a product that is otherwise different something that makes it stand out. They can also use influencers to change how people think about a product they use every day.

  • Gain your audience's trust
    Most FMCG are sold at mass retail outlets such as supermarkets, department stores, and corner shops. During the pandemic, though, many of these places ran out of supplies, so people looked for other places to buy what they needed. Along with shoppers' reluctance to go into brick-and-mortar stores, this led to a big shift toward other sales channels, most of which are online. By using influencer marketing, FMCG companies can skip over traditional forms of advertising and connect with customers on a more personal level.

  • Adapt to the digital age
    Many companies that make FMCG have been successful for many years without going through any kind of digital brand transformation. But many companies that make (FMCG) learned from the pandemic that they need to get better if they want to compete in the digital age. With influencer marketing, enterprises can easily adapt to the changing digital landscape.
Application of Influencer Marketing to FMCG
Companies that make FMCG and have an influencer are being called the new "A-list" of marketing. Compared to market research, getting employees involved, or doing anything else on social media, buyer brand firms are much more likely to use social media and influencer marketing to raise brand awareness and get and keep customers. Consider the following example of how a fast-moving purchaser assets company employs an influencer:

  • TROPICO
    From their 21 campaigns with influencers, TROPICO got a 5.89% engagement rate on Instagram and a 19.63% engagement rate on TikTok. This brand, founded in 1982 in France, is well known there for its many different kinds of fruit drinks. TROPICO's True Colors campaign started on TikTok. Influencers like Vincent Le Vên were asked to try the drink and then record how it turned a once-black-and-white world into a colorful one. There were 53,7K likes and 144 comments on this video. The campaign also used the influence of Generation Z in the hopes that it would sway other young consumers to make in-store purchases.

  • Procter & Gamble
    Manufacturers of household staples like Tide, Oral-B, and Gain can thank Procter & Gamble, or P&G, for their success. P&G and TikToker's Charli D'Amelio came up with the Distance Dance when the pandemic was at its worst. D'Ameilo performed an original dance for this campaign to raise awareness about the good work being done by P&G to support Feeding America. The corporation has pledged to give money to needy families for the first three million videos that feature this dance. Within a month, the video got a record-breaking 14.2 billion views on TikTok, making it the most-viewed video ever on the platform. It was liked 6.9 million times and shared 132,500 times. P&G liked that D'Amelio could connect with today's youth, and they hoped that her work would inspire other people to help with important causes.

  • Tails.com
    Dog food from Tails.com is hand-picked by experts and delivered to your house on a regular basis as part of a subscription service. Tails.com has teamed up with a wide range of YouTubers and Instagram influencers to help promote its services and better compete with other online subscription services and pet food businesses. The goal of the campaign was to have a few hand-picked influencer include a short sponsored part in their films in the hopes of convincing other pet owners to buy a similar package. To promote a subscription service she offers, YouTuber Emily Canham gave away a discount coupon to her 1.23 million subscribers and demonstrated the monthly goodies that would be sent to the winner. All of the campaign's content was seen more than 1,100,000 times and got more than 1,400 comments.
    Future FMCG Marketing: Focusing on Influencers
    Many companies that sell purchaser items still use tried-and-true ways to advertise, like TV and outdoor billboards. Some firms have even started using online banner advertisements and YouTube advertisements that may be skipped as part of their digital marketing plan. But what today's audiences, and especially Generation Z, want is personalization and relevance, which can't be found in these old-fashioned methods. Also, given that the practicality of FMCG is a major selling feature, an influencer would be in a great position to give their dedicated fan base first-hand accounts and demonstrations of the products.

    Keep in mind that even though most members of Gen Z are still relatively young, they too will mature, and that doesn't imply they'll stop using social media. Thus, influencer marketing will realize its full potential when that time arrives. After all, marketing plans are always changing. One of the most effective marketing strategies in today's digital landscape is influencer marketing. Businesses in the FMCG industry, like businesses in other sectors, would need to respond to modern consumers' preferences.