#Events
What do successful influencer marketing activities have in common? If you attended the last MARKETERs Club event, tell us. If you didn’t follow the MakeIT!23 – Set the Trend speeches or would like a recap – we’ll tell you now.
Planet Earth, 2023: what content has the highest engagement rate? Yes, the short-form videos.
Alice Radi, Global Marketing Manager, and Mariangela Siclari, Project Manager of COSMIC, a very young AdTech company specialising in vertical short-form videos, first of all revealed to us the more ‘technical’ ingredients that need to be dosed in a vertical short-form video, so that it can aspire to virality and launch a trend: in addition to the aforementioned vertical format and brevity, a well-defined storytelling format and the use of viral audio, transitions, filters and trendy engagement features are required.
Is this enough? No. The success of a short video is given, especially on the TikTok platform, by a skilful mix of creativity, creator and advertising. The way they work together creates the perfect content formula: never the same and always ready to change according to business objectives.
By following the recipe of a well-made short video, the result will be an immersive experience, reduced viewing time, more authentic style and language: characteristics that make a vertical short video achieve on TikTok a VTR (ratio between the number of views and interactions) of +50% compared to the platform benchmark.
But why do we focus specifically on TikTok?
Well, the audience on the platform counts 1 billion users (40% Gen Z and 60% over 25), with a daily average of 90 min spent on the app. Oh, and it is the platform with the highest number of unduplicated users, in the series: if you want to reach them, you get them here.
Shall we talk about performance? An engagement rate between 6 and 10 per cent (practically 90 per cent more than other socials), high reach at low cost and 70 per cent of users using TikTok as a search engine to spot products they are interested in.
A brand with a strong personality, born in San Francisco in 1976 and arrived in Italy in 2008 (acquired in 2000 by the luxury group LVMH), Benefit Cosmetics has created a successful community. How? It was explained by Valentina Pasotti and Giulia Santoloci, Senior Marketing & Digital Manager and Digital Advocate at Benefit Cosmetics, who have always been convinced of the potential of creators (both in the upper funnel and for conversion objectives).
Benefit Cosmetics’ secret lies in emotionally connecting influencers to the brand and establishing authentic relationships: the company has always aimed to build positive sharing moments, involving creators in fun experiences connected to brand values.
In Italy, Benefit Cosmetics has an ongoing relationship with 381 creators: a relationship that over the past year has resulted in 5300 pieces of content posted by influencers and an EMV (the value generated by creators’ content)
of 18 million euros. Here are some of the influencer marketing activities by Benefit Cosmetics that have yielded nothing short of exciting results for the investment:
In influencer marketing, as in marketing in general, there is little point in showing the product (after all, does anyone remember a successful comparative advertisement?). Benefit knows this, which on TV with Friends with Benefit never shows cosmetics but its own values; Nike and Apple, to mention two brands that are not exactly random, have always known this. Luca Discacciati – creator, entrepreneur and trader, particularly active on YouTube – also tells us about it, taking us back in time to the early 1900s with the Listerine case.
From antiseptic for intimate hygiene, to mouthwash: the product began to sell when Mr. Listerine coined the term halitosis and advertised the mouthwash through the why of the product, showing the exclusionary situations resulting from unscented breath: Listerine became the solution to halitosis and… sold!
For creators, today it is like this, tomorrow who knows. There are no rules or trends that hold, as Jakidale, Italy’s best-known tech youtuber, argued in his speech: more than strategy it is important to try, experiment and understand what works with one’s audience. We have also seen this with vertical short videos, with TikTok and with the relationships and moments created by Benefit Cosmetics: the common denominator of successful influencer marketing is authenticity.