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Traackr State of Influence Fashion 2020
Traackr State of Influence Fashion 2020
Traackr State of Influence Fashion 2020
Traackr State of Influence Fashion 2020
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Traackr State of Influence Fashion 2020
Traackr State of Influence Fashion 2020
Traackr State of Influence Fashion 2020
Traackr State of Influence Fashion 2020
Traackr State of Influence Fashion 2020
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Traackr State of Influence Fashion 2020
Traackr State of Influence Fashion 2020
Traackr State of Influence Fashion 2020
Traackr State of Influence Fashion 2020
Traackr State of Influence Fashion 2020
Publicité
Traackr State of Influence Fashion 2020
Traackr State of Influence Fashion 2020
Traackr State of Influence Fashion 2020
Traackr State of Influence Fashion 2020
Traackr State of Influence Fashion 2020
Publicité
Traackr State of Influence Fashion 2020
Traackr State of Influence Fashion 2020
Traackr State of Influence Fashion 2020
Traackr State of Influence Fashion 2020
Traackr State of Influence Fashion 2020
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Traackr State of Influence Fashion 2020

  1. Decoding Top-performing Influencer Marketing Strategies 2020 State of Influence: FASHION
  2. Introduction Fashion is constantly changing. And whatever your stance on social media at large, you have probably taken notice of the great power that fashion influencers wield over brands today. Influencers with followings of all sizes can make or break a brand’s launch, effectively call brands out for poor environmental ethics, and ultimately drive demand for brands — or at least for those who know how to effectively choose, activate and engage with the right ones. With social media increasingly becoming the modern shopping mall, it’s critical to understand how your brand performs when it comes to influencer-generated content. Which brands are pushing the envelope? Which brands are setting the bar? And which are experimenting with innovative influencer marketing strategies? In this report, we dive into the luxury, contemporary, fast fashion, and activewear categories, specifically looking at the performance of established players versus the newer crop of direct-to-consumer brands, to lift the veil on influencer marketing in the fashion world.
  3. Contents 3. Methodology 3. Report Parameters 3. Tier Definitions 5. High-level dynamics 5. VIT Impact by Tiers 7. Tier-Graphics Across Fashion Influencer by Market 10. Brand Rankings by VIT 11. Trends by category 11. Activewear Outperforms 13. Contemporary Struggles 15. Sustainable and ethical fashion is here to stay 17. Fast fashion is still a powerhouse 19. Luxury fashion only for the VIPs? 21. Conclusion 22. Glossary
  4. Methodology This report was created using Traackr, a technology platform which enables a data-driven approach to influencer marketing, through deep influencer, campaign and market-level insights. For the purposes of this study, we analyzed the impact of influencers located in the United States, United Kingdom and France across 123 fashion brands. Traackr works with fashion brands around the world, some of whom are mentioned in this report. Not all brands referenced are Traackr customers. Each brand has been ranked by their overall Brand Vitality Score (VIT), Traackr’s proprietary content-level metric which measures the Visibility, Impact and Trust of influencer posts anytime that they include mentions of the brands included in this study. What drives a high VIT score for one brand may not be the same for another, but pulling back the curtain on these scores to understand which tiers – and which individual influencers – are driving each brand’s VIT is a valuable exercise. Traackr has thus developed VIT as a fully transparent key performance indicator (KPI) in order to enable brands to compare their programs through the lens of one single metric. The major benefit of a transparent metric lies in the fact that brands are empowered to deconstruct not only their own scores, but those of their competitors, to gain meaningful insights into the areas where thoughtful changes can effect the most meaningful results for their programs moving forward. For more information on VIT, read Brand Vitality Score: The Standard for Measuring Brand Performance Among Influencer Content. 3
  5. Report Parameters Timeline January - November 2019 Brands 123 Countries U.S., U.K., France Influencers 111,100 Posts 2,032,000 Tier Definitions For the purposes of this study, we defined influencer tiers based on total audience size across all platforms as follows. VIP 5M+ Top 1M+ Macro 500K+ Mid 50K+ Micro 10K+ Nano 1K+ 4
  6. High-level Dynamics Are influencers creating trends, or just amplifying them? From the looks of it, we’d say the power is in their hands. Traackr found that the volume of social media creators posting fashion- focused content is more than double the number of those posting about beauty. In 2019, there were more than 100,000 fashion influencers talking about these 123* (appendix) brands across Instagram, YouTube, Twitter, Facebook and blogging platforms. Collectively, they published 2 million posts mentioning just these 123 brands. Before diving into trends, let’s take a look at the overarching market dynamics. VIT Impact by Tiers Based on the three different inputs for the VIT metric - Visibility (which draws on the number of followers to the channel where the content is posted), Impact (which draws on the engagements received by the content), and Trust (the number of brands mentioned within the content), it is important to look at brands’ VIT scores on the basis of the different tiers of influencers talking about them in order to understand the kind of impact that each particular tier is delivering. In the U.S., VIP-tier influencers drive a disproportionate volume of VIT value for brands across categories such as contemporary and luxury, contributing over 50% of these brands’ total VIT. Many high VIT earners are young female celebrities such as Ariana Grande, Zendaya and of course, Kendall and Kylie Jenner. Meanwhile, the brands which make up the activewear category receive only 35% of their total VIT value from VIP-tier influencers; mainly from celebrities, but also from sports stars such as Steph Curry and Lebron James. If we remove VIP influencers from the equation though, mid and macro- tier influencers are driving the most VIT value for activewear brands. Interestingly, in the U.K. and France, there is a more equal distribution of VIT across all tiers in the luxury category. For France’s luxury brands, the mid-tier to VIP influencers each represent an even 20-30% of the total VIT distribution. A similar trend is observed for VIT IMPACT A measure of interests (likes, comments, shares) generated by a piece of content; a like on YouTube weighs more than a like on Twitter. TRUST A measure of trust (or brand affinity); this is based on the number of brands mentioned in the same post (i.e. a post mentioning 10 brands scores lower than a post dedicated exclusively to one brand). VISIBILITY A measure of the effective reach of a post, taking into account absolute video and post views. 5
  7. contemporary brands in the U.K. In France however, the distribution skews even more towards a reliance on the mid-tier and macroinfluencers when it comes to their Contemporary brands, for whom these two tiers of influencers are the real powerhouses. The VIT spread for the fast fashion category within the U.K. also appears more equally distributed than what we observe when it comes to the fast fashion category in the U.S. In the U.K., 75% of the VIT for fast fashion brands is distributed equally among mid-tier, macro and top-tier influencers. And it is even more equally distributed in the U.S., where roughly 20% comes from mid-tier, macro, top- tier and VIP influencers. Generally, the more balanced the distribution of VIT is across all tiers, the more stable the program. This sort of balance illustrates that a brand isn’t over-reliant on a single type of influencer, because news of their brand is being shared by a diversity of influencers — not just VIPs, or niche micros. And while VIP influencers are of course considered valuable voices, total reliance on a few VIPs is a risky strategy that we will delve into deeper within this report. VIT DISTRIBUTION BY TIER U.S. U.K. FR Contem porary Activew ear Fastfashion Luxury VIP Top Macro Mid Micro Nano 19% 20% 15% 21% 15% 17% 7% 6% 1% 1% 2% 3% 1% 9% 28% 26% 27% 9% 20% 29% 20% 20% 8% 14% 29% 27% 22% 6% 8% 17% 19% 13% 42% 1% 3% 1% 9% 15% 17% 20% 23% 33% 6% 26% 25% 23% 8% 20% 22% 18% 30% 1% 1% 3% 9% 12% 19% 57% 12% 2% 22% 19% 21% 5% 13% 17% 51% 13% 24% 43% 35% 6
  8. Tier-Graphics Across Fashion Influencers by Market ACTIVATED INFLUENCERS The volume of activated influencers per fashion category indicates not only which brands get attention, but which brands can expect to get attention… due to the popularity of their category within a certain market. In terms of the volume of influencers talking about each of these four categories, U.S. and U.K.-based influencers post more about activewear and fast fashion brands, compared to contemporary and luxury brands. In France, the volume of brand mentions (by category) skews towards fast fashion and luxury. When it comes to all three markets, we see that there is a large number of rising stars and smaller scale influencers. In the U.S., the micro and mid-tier influencers dominate, but in the U.K. and France this skews towards microinfluencers. Contem porary Activew ear Fastfashion Luxury U.K. FR U.S. ACTIVATEDINFLUENCERSDISTRIBUTION VIP Top Macro Mid Micro Nano 52, 507 Influencers 12, 640 Influencers 5,3 14 Influencers 35, 391 Influencers 9,2 18 Influencers 4,4 91 Influencers 40, 678 Influencers 12, 287 Influencers 5,8 49 Influencers 37, 413 Influencers 11, 085 Influencers 5,7 52 Influencers 7
  9. ENGAGEMENT RATE Marketers should focus their energies on developing relationships with these high-performing nanos and micros as these are the rising star influencers who will be tomorrow’s further-reaching influencers. It is best to nurture these relationships before these influencers are saturated with outreach from brands. Interestingly, in both the U.S. and France there is an increase in ER for top-tier influencers in certain categories. In the U.S., top-tier influencers talking about activewear, contemporary and fast fashion brands earn a higher ER than macroinfluencers. In France, top-tier influencers posting about these categories earn an ER on par with nano influencers! In Traackr, you can sort content by KPIs to see what is performing best for you and your competition. ContemporaryActivewear Fast fashion Luxury 4.37%3.86%4.90% 5.03%4.53%5.29% 6.47%5.44%6.39% 3.89%3.84%4.02% 2.91%2.67%4.25% 3.13%3.21%4.06% 3.65%3.44%4.28% 2.93%3.05%3.38% 2.62%2.56%4.04% 2.64%2.89%3.63% 3.04%3.56%3.69% 2.44%2.89%3.10% 1.94%2.71%2.54% 2.41%3.16%3.51% 2.97%3.50%4.15% 2.25%2.71%2.62% 2.00%2.02%4.89% 2.70%2.53%5.65% 3.21%2.77%6.30% 2.09%2.71%4.60% 1.60%1.75%1.59% 1.67%2.14%2.16% 2.46%1.80%2.25% 2.21%1.59%3.66% As mentioned previously, VIT takes into account reach but also incorporates engagements and the level of focus a piece of content about your brand gets in order to illustrate a clearer picture of value depending on the quality of an audience’s engagements. This translates into the engagement rate (ER) you receive. In the U.S. and U.K., nano influencers earn the highest engagement rates across the categories. This is not uncommon and something we also saw across beauty categories in our State of Influence: Beauty report. All three markets see the biggest drop in engagement rate (ER) from nano to microinfluencers, but then it evens out; with the distribution across the other tiers within 1% or less of each other. U.S. U.K. FR VIP Top MidMacro Micro Nano 8
  10. CATEGORY BENCHMARKS It’s important to leverage industry benchmarks when selecting influencers for your campaigns. Setting benchmarks based on large scale trends ensures your programs are tracking towards success from the beginning. Interestingly, in both the U.S. and France, there is an increase in ER for top-tier influencers in certain categories. In the U.S., top-tier influencers talking about activewear, contemporary and fast fashion brands earn a higher ER than macroinfluencers. In France, top-tier influencers posting about these categories earn an ER on par with nano influencers! In Traackr, you can sort content by KPIs to see what is performing best for you and your competition. Traackr allows you to review all of the influencers mentioning your brand from nano to top-tier, and allows you to rank them by everything from ER to VIT scores. AVERAGEVITAVERAGE#OFINFLUENCERS VIT/MENTIONAVERAGELOYALTY(posts/influencer) U.S. 170,6075,765 29,5961,406 12,845545 7,777531 3,913250 41,7511,881 23,203989 24,2991,086 10,420557 14 6 4 10 5 5 7 4 6 5 3 5 118,6104,654 167,0593,486 63,2412,237 U.S. U.S. U.S. U.K. U.K. U.K. U.K. FR FR FR FR 3 3 3 33 4 4 4 4 4 4 4 Activewear Contemporary Fast fashion Luxury 9
  11. U.S. U.K. FR 1. Nike ASOS Nike 2. Adidas Adidas Zara 3. Louis Vuitton Nike H&M 4. Versace Zara ASOS 5. Forever 21 Top Shop Adidas 6. Chanel H&M Saint Laurent 7. Gucci Louis Vuitton Mango 8. Dior Dior Chanel 9. H&M Gucci Bershka 10. Zara Chanel Gucci 11. Saint Laurent Balenciaga Balenciaga 12. Under Armour Saint Laurent Under Armour 13. Prada Stella McCartney Dior 14. Calvin Klein Prada Forever 21 15. Givenchy Versace Louis Vuitton 16. Louboutin & Other Stories Stradivarius 17. Fendi Converse The Kooples 18. ASOS Mango Levi’s 19. Balenciaga Puma Pull & Bear 20. Lululemon Valentino Off White Brand Rankings by VIT According to Brand Vitality Score (VIT) rankings across the 123 brands, the success of a brand is not determined by category alone. Nike and Adidas rise to the top in all three markets. Though sustainability is a hot topic these days, fast fashion brands including ASOS and Zara are successful players; especially so in the U.K. and France. As headlines have shown, contemporary brands, those with clothing priced above fast fashion but below luxury, are struggling to keep up when it comes to performance within influencer generated content. None of the major contemporary fashion brands break into the top 10 in any market. Let’s dig a little deeper into 5 trends that piqued our interest. Activewear Contemporary Fast fashion Luxury 10
  12. Trends by Category Activewear Outperforms Activewear has dominated the last 10 years, but this category has been a mainstay for decades. Nike and Adidas are powerhouses, earning more than 300,000 mentions among U.S. influencers, and ranking first and second, respectively, for VIT in 2019. Historically, as you would expect, these brands have relied mainly on their VIP superstars. You could easily argue that Nike’s collaboration with Michael Jordan is one of the most successful influencer activations in history. However, in addition to superstar activations, Nike sets itself apart by activating influencers across tiers. This is giving Nike its edge over Adidas. Adidas has a similar distribution of influencer tiers but relies on VIP influencers for 40% of its VIT. Over reliance on VIP influencers leaves your brand susceptible, as attention for your brand hinges on so few people. 11
  13. Nike and Adidas take the top two spots regardless of market. They are the leaders from a volume perspective, outpacing other major brands in terms of influencer mentions. But volume doesn’t tell the whole story. For example, Nike and Adidas do the best job at running an efficient program in the U.S., but are outperformed by Under Armour in the U.K. and France when it comes to influencer loyalty (repeat posts) and content performance (on an individual mention basis). Under Armour receives more posts per influencer and generates higher quality content on a per mention basis. In order to boost loyalty among their influencers in these markets, Nike and Adidas could re-engage influencers who have already mentioned their brands throughout the year. The rise of digital-savvy and digital-first activewear brands such as Lululemon and Fabletics can serve as valuable models for traditional brands such as Nike, who have traditionally employed a ‘telling’ (via VIP influencers), vs. an ‘involving’ (via influencers from across tiers) strategy. In the late 2000s, Lululemon shook up the activewear world by harnessing the power of community, instead of focusing solely on top-tier and VIP influencers. Even though Lululemon activates a quarter of the volume of influencers than Nike, mid-tier and macro tier influencers mentioning Lululemon are driving a higher portion of VIT within their tiers compared to the respective Nike influencers. Both brands have a tiering strategy in line with the category average; however, Lululemon earns almost 70% of its VIT value from the mid-tier and macro tier influencers. This is likely a result of their longtime community ambassador program that activates local fitness instructors, which can perhaps be credited with introducing a new kind of social media micro celebrity. Despite strong brand love, it’s clear that no brand is safe from the constant threat of competition. Fabletics, the activewear brand founded by actress Kate Hudson in 2013, ranked highly within its category despite activating 68% fewer influencers than competitor brand Lululemon. Interestingly, 4% of Fabletics posts were published to YouTube, whereas under 1% of the Lululemon posts were YouTube videos. As a result, Fabletics earns 20% of its VIT from influencer- generated content on YouTube. There are many interesting comparisons across different types of activewear brands. At the highest level, it’s enlightening to compare the top five activewear brands to others to see how they stack up. VIT DISTRIBUTION BY TIER - U.S. ADIDAS Nano Micro Mid Macro Top Vip 1% 5% 15% 22% 16% 40% 1% 7% 20% 25% 25% 22% NIKE U.S. U.K. FR Nike 1 2 1 Adidas 2 1 2 Under Armour 3 6 3 Puma 5 4 7 Reebok 7 5 13 ...........VITRANK........... Nike 221,739 44,497 13,069 Adidas 100,227 28,356 7,696 Under Armour 18,608 4,958 1,081 Puma 10,870 3,255 1,059 Reebok 20,460 3,042 595 .........MENTIONS......... Nike 7 6 5 Adidas 5 5 4 Under Armour 5 7 7 Puma 3 3 3 Reebok 4 3 2 ...........LOYALTY........... (posts/influencer) Nike 5 3 6 Adidas 6 7 6 Under Armour 16 4 28 Puma 20 10 8 Reebok 7 8 3 CONTENTEFFICIENCY (VIT/mention) 12
  14. Contemporary Struggles As previously touched upon, contemporary brands struggle to perform as well as other fashion categories in all three markets we reviewed for this report. Mid- tier influencers, however, are able to generate a lot of success in the U.K. and France. Contemporary fashion brands in these markets earn quite a bit of love from them. One brand performing particularly well in the U.K. is & Other Stories, a contemporary brand with an affordable price-point that is consistent in its on- trend offering. The brand ranks highest in VIT within the contemporary category, and earns a third of its VIT from mid-tier influencers, which is 14% higher than the category average within the U.K.. VIT DISTRIBUTION BY TIER & Other Stories generates high VIT specifically through its activation of influencers such as serial outfit- documenter, Marianne Smyth, with 181K followers and has the highest engagement rate of the top VIT-earners of the past year, with an average of 9.26% ER per post. She began posting about the brand in August 2019, and the impact is seen throughout the remainder of the year. Marianne illustrates how a brand’s performance can be quite heavily impacted when influencers are activated repeatedly, rather than on a one-off basis. Of all three markets, France has the greatest amount of impactful content coming from mid-tier influencers for contemporary brands. And the brand that rises to the top, The Kooples, also has just as much coming from their mid tier selection of influencers. 1% 11% 34% 27% 14% 30% 18% 21% 20% 9% 1% 1% 16% 27% 26% 28% 3% 2% 14% 30% 27% 22% 6% 13% & Other Stories The Kooples Contemp. U.K. Contemp. FR VIP Top MidMacro Micro Nano 13
  15. The Kooples boast an array of loyal influencers. For instance, Jess (105K followers, average ER of 6%) mentioned The Kooples in her posts an average of seven times per month over the course of a year. As a result, she contributed the most to The Kooples’ VIT volume of any activated influencer in 2019. Another mid-tier influencer, Laura Genovino, earned the highest engagement rate within her tier, with a 35% ER when mentioning the brand in an exclusive post. For comparison, in the U.S., VIP influencers produce the largest volume of VIT for contemporary brands, with half coming from the VIP tier (the most of the three countries studied). As previously mentioned, reliance upon the VIP tier is risky, as it allows much of a brands’ destiny to lie in the hands of just a few influencers. A healthy tiering strategy, in which a diversity of influencers from each tier are actively % FROM VIP INFLUENCERS RANK W/ VIP INFLUENCERS RANK W/OUT VIP INFLUENCERS Calvin Klein 64% 1 3 Levi's 24% 2 1 Off White 52% 3 4 Tommy Hilfiger 74% 4 7 Madewell 7% 5 2 Alexander Wang 74% 6 14 Coach 69% 7 13 Michael Kors 57% 8 8 Marc Jacobs 59% 9 10 Ralph Lauren 53% 10 9 promoting the brand in different ways, is optimal for sustained relevance in the marketplace and successful 360-degree campaigns. Of the top 10 ranked contemporary brands in the U.S., eight of 10 earn over half of their VIT from these VIP influencers. When the contributions of this particular tier are removed from the equation, nearly all of the brands drop rank, with the exception of Madewell and Levi’s. This illustrates that most contemporary brands we reviewed do not have a diversity of influencer relationships, and would benefit from branching out to other tiers. VIP influencers are not only expensive, but they will often maintain brand partnerships depending on the brand’s continued ability to pay top dollar. A more balanced activation of both paid and earned influencer content across tiers allows for healthier performance. 14
  16. Sustainable and ethical fashion is here to stay 15
  17. influencer versus three for Reformation. One way Everlane is achieving these successful relationships is through their affiliate marketing program. On their website, they invite bloggers to apply and be a part of their program and thus create a vibe that the influencers mentioning them should be a part of their community. Reformation seems to achieve success through a larger scale program compared to Everlane. Reformation has more influencers talking about the brand, but Everlane seems to be very focused on the quality of their influencer relationships. Even though Everlane has 25% fewer influencers mentioning them compared to Reformation, the brand achieves higher influencer loyalty, with an average of six posts per individual 3.70% 58,467 2.26% 38,502 ENGAGEMENT RATE VIT Fashion’s impact on the environment is top of mind for consumers across the globe. Our fashion choices are no exception. Mentions of sustainable fashion among influencers have increased by 55% from 2018 to 2019 along with mentions of secondhand fashion increasing 137%. Consumers are clearly more engaged with the topics as well. Engagements on sustainable fashion posts have increased 150% and 106% for secondhand fashion, in that same time period. There are two brands at the forefront of the sustainability conversation in the U.S.: Reformation and Everlane. They approach the topic somewhat differently. Reformation’s brand messaging has true environmental sustainability at the forefront (hence their tagline “Being naked is the #1 most sustainable option - we’re #2.) Whereas, Everlane focuses more on the ethics of sourcing and manufacturing. But do they approach their influencer marketing programs differently? Reformation earns 1.5 times more VIT than Everlane. That higher influencer- generated content performance is supported by an engagement rate of 3.7% vs Everlane’s 2.26%. By honoring these relationships, Everlane also received about 15% more of their VIT from mid-tier influencers. For example, Everlane receives consistent mentions and positive results from mid-tier influencers such as Jess Carpenter (@jesswithless), who was activated through their brand ambassador program. She posts about Everlane nearly 15 times each month and consistently earns top VIT. Jess generates even more impact for the brand than bigger name influencers such as top-tier influencer Blair Edie (@blaireadiebee), demonstrating that audience size truly doesn’t always matter. Jess in particular represents a back to basics type of influencer, a try on influencer. It’s how a lot of fashion influencers got their start. Trying on various outfits and discussing the sizing and fit help to make the online shopping easier for their followers. ACTIVATED INFLUENCERS POSTS LOYALTY 2,262 1,815 8,261 10,922 6.02 3.65 REFORMATIONEVERLANE Nano Micro Mid Macro Top Vip 2% 9% 19% 23% 35% 13% 2% 11% 34% 36% 13% 4% Reformation Everlane VIT DISTRIBUTION BY TIER - U.S. 16
  18. Fast fashion is characterized by high volumes of merchandise, which likely contributes to their vast organic influencer marketing success. These brands at the top have the highest volume of influencers mentioning their brands. ASOS, Zara, H&M and Top Shop activated roughly 4,300 more influencers last year than the average contemporary or luxury fashion brand in the U.K.. At first glance it may seem like a numbers game for fast fashion brands to be successful, but these brands at the top are no different than other higher end brands. They need the influencers mentioning them to produce quality content and they do that quite well. The quality of content, as measured by VIT, coming out of the top fast fashion brands at an individual influencer level is not only higher than the other fast fashion brands ranked lower, but on par with beloved labels like Nike and Louis Vuitton (also ranked at the top). Fast fashion is still a powerhouse Even with sustainable fashion becoming increasingly popular, fast fashion brands still top the markets in most places. Influencers continue to promote fast fashion brands, despite their known negative impact on the environment. So why is this happening, despite the strengthened interest in sustainability? For starters, their younger audiences can afford the clothes. Additionally, shopping fast fashion allows influencers to participate in trends without investing too much. Amidst controversy and tough conversations, these brands continue to make their mark on the industry (for better or for worse.) European fast fashion brands in particular are thriving. In the U.K., ASOS out performed brands like Nike and Adidas. Zara and H&M were also among the top 10 brands last year. Despite store closings and bankruptcy respectively, Top Shop and Forever 21 performed well. Adidas 34 Louis Vuitton 30 ASOS 30 Top Shop 29 Zara 28 Nike 20 H&M 19 CONTENT PERFORMANCEPER INFLUENCER-U.K. (posts/influencer) ACTIVATED INFLUENCERS-U.K. 6,695 4,974 4,679 5,308 Asos H&M Top shop Zara 17
  19. ASOS is also doing particularly well among top- tier influencers in the U.K.. Even though the brand activates a similar distribution of influencer tiers on average for the fast fashion category, they garner roughly 10% more VIT from top-tier influencers than the average for the U.K. and fast fashion. High content performers include people who mention them in outfit posts on a consistent basis, members of the ASOS family, and haul videos from shopping at ASOS. Even though brands such as ASOS and Top Shop perform well in the U.K., they fail to break through in the U.S. as other European fast fashion brands such as H&M and Zara have done. Why is this happening? Despite activating about the same number of influencers as the other brands, their rank among all brands is considerably lower. Aside from increasing the volume of influencers speaking about their brands, there are efficiencies to gain. They can re-engage influencers who they have worked with in the past year to increase influencer loyalty to be more competitive with brands such as Zara. This will go a long way since they are already beating those brands when it comes to the quality of the content they produce on an individual mention basis. 20 ACTIVATED INFLUENCERS-U.S. INFLUENCERS LOYALTY-U.S. (posts/influencer) VITRANK-U.S. CONTENT EFFICIENCY-U.S. (VIT/mentions) 13,270 7,512 12,787 5,806 9 55 10 4 7 66 42 5 4 Nano 2% Micro 12% Mid 23% Macro 22% Top 32% Vip 10% ASOS VITDISTRIBUTION BYTIER-U.K. Asos H&M Top Shop Zara 18
  20. Is luxury fashion only for the VIPs? 1. Louis Vuitton Louis Vuitton Chanel 2. Versace Gucci Saint Laurent 3. Chanel Chanel Gucci 4. Gucci Dior Balenciaga 5. Dior Saint Laurent Louis Vuitton 6. Saint Laurent Prada Dior 7. Prada Versace CELINE 8. Givenchy Balenciaga Hermès 9. Christian Louboutin Christian Louboutin Fendi 10. Fendi Fendi Isabel Marant TOP 10 WITH VIP INFLUENCERS - U.S. TOP 10 W/O VIP INFLUENCERS - U.S. One of the most interesting distinctions we see across countries is in the luxury category. All three countries only activate about 1% of their influencers in the VIP tier, but in the U.S., 54% of VIT comes from this tier. This is a trend we’ve seen before, but one that maybe didn’t make quite as much sense outside of the luxury fashion category. Here, it is part of the more aspirational longer term sales cycle of the luxury category. Kylie Jenner alone is the top performer for four of the top five brands in luxury. She’s selling the next it bag or the coolest sunglasses that consumers aspire to have. But not all VIP influencers are created equal. For example, back in August, Kylie Jenner posted herself in Gucci sunglasses. Even with her 161 million Instagram followers, she earned less VIT than Billie Eilish who only has 8 million Instagram followers. Billie was able to earn a 20% engagement rate on her post versus 4% for Kylie. Lesson: choose your VIP partnerships wisely. Outside of the influence of VIPs, which brands rise to the top in each market? While Versace drops quite a few spots in VIT rankings and Givenchy is replaced by Balenciaga, the top 10 list largely stays the same. This implies that top luxury brands are not solely dependent on their VIP influencers. The same brands are still able to hold their place at the top without them. In France and the U.K., there is a lot more successful content coming from the lower-tier influencers than in the U.S.. Particularly in France, we see that 28% of the highest performing content comes from mid-tier influencers. The most successful luxury brands in France among mid-tier influencers are Chanel, Yves Saint Laurent and Gucci. The mid-tier influencer has to approach posting about luxury brands differently than a VIP with a closet full of Hermès Birkin bags. A mid-tier influencer can gain just as much VIT for a brand by posting about the same bag over and over and over again. Audiences like to see influencers making the most out of the pieces they chose to invest in! A luxury brand in search of higher VIT should encourage lower-tier influencers to post repeatedly about their favorite products. When it comes down to it, this is a more relatable strategy when it comes to these high fashion brands. In the U.K., there is still a third of the VIT coming from VIP influencers for luxury brands. Beyond that it seems as though macro and top-tier influencers have an equal and mighty impact on the category. They both account for roughly 20% of the VIT for the category and have the same engagement rate (2.71%). TOP 10 BRANDS FOR MID-TIER INFLUENCERS - FR 19
  21. VIT DISTRIBUTION BY TIER - U.K. But if you remove the VIP influencers, the impact of these tiers among luxury influencers becomes even more apparent. Most of the top ranked luxury brands in the U.K. earn a similar amount of VIT from each tier compared to the category average, except for Gucci and Balenciaga, who have more quality content from macro and top-tiers and rely even less so on VIP influencers. Balenciaga in particular also has the highest portion of macroinfluencers mentioning the brand among the highest ranked luxury brands and almost a third of the top earners for this tier are male. This is an important note that in fashion male influencers can have just as much impact in a program as female influencers. Luxury W/O VIPSLuxury W/ VIPS Nano Micro Mid Macro Top Vip 1% 10% 24% 30% 35% — 1% 6% 16% 20% 23% 33% VIT DISTRIBUTION BY TIER- U.K. Luis Vuitton Dior Gucci Chanel Balenciaga 1% 6% 14% 21% 26% 33% 34% 20% 24% 15% 7% 11% 1% 22% 27% 23% 17% 27% 17% 22% 23% 10% 1% 1% 6% 26% 28% 29% 11% VIP Top MidMacro Micro Nano 20
  22. Conclusion Curious about your Brand Vitality Score (VIT) and how you compare to your top competitors? Let U.S. show you why CMOs rely on Traackr’s technology for insights that drive successful influencer marketing strategies. Request a briefing with one of our influencer marketing strategists. traackr.com/contact info@traackr.com 21
  23. Glossary Brands Mentioned Loyalty Posts per individual influencer. Mentions Number of posts mentioning the brand. Potential Reach Collective audience size for the platforms on which the mentions took place. Total Engagements Number of likes, shares, comments the content mentioning the brand earned across platforms. Video Views Number of video views on content mentioning the brand across platform. Activated Influencers Number of influencers mentioning the brand. Brand Vitality Score (VIT) Measures the visibility, impact and trust influencer content mentioning your brand earns. Content Performance VIT earned per activated influencer. Content Efficiency VIT per individual mention. Engagement Rate Defined as the number of engagements divided by potential reach. ACTIVEWEAR Adidas, Asics, Bandier, Champion, Converse, Fabletics, Kappa, Lululemon, New, Balance, Nike, Patagonia, Puma, Reebok, Sweaty Betty, The North Face, Timberland, Under Armour, Vans. CONTEMPORARY & Other Stories, Acne Studios, Alexander Wang, All Saints, Banana Republic, Calvin Klein, Club Monaco, Coach, Comptoir des Cotonniers, DKNY, Everlane, Fossil, French Connection, Helmut Lang, Hugo Boss, IZOD, J Brand, J.Crew, Kate Spade, Lacoste, Levi’s, Liu Jo, Madewell, Marc Jacobs, MaxMara, Michael Kors, Off White, Paige, Pinko, Polo Ralph Lauren, rag & bone, Ralph Lauren, Reformation, Reiss, Sandro, Scotch & Soda, Sinequanone, The Kooples, Theory, Tommy Hilfiger, Tory Burch, Zadig & Voltaire FAST FASHION Abercrombie & Fitch, Aerie, American Eagle Outfitters, Asos, Bershka, Brandy Melville, Carter’s, Etam, Express, Forever21, Gap, Guess, H&M, Mango, Oak+Fort, Old Navy, OshKosh B’gosh, Pull & Bear, Stradivarius, ThirdLove, Top Shop, True & Co, Uniqlo, United Colors of Benetton, Urban Outfitters, Van Heusen, Victoria’s Secret, Zara. LUXURY Alexander McQueen, Balenciaga, Bottega Veneta, Brioni, Burberry, Cartier, CELINE, Chanel, Chloé, Christian Louboutin, Dior, Dunhill, Emilio Pucci, Fendi, Givenchy, Gucci, Hermès, Isabel Marant, Jimmy Choo, Kenzo, Lanvin, Loewe, Louis Vuitton, Maison Alaia, Michele Watches, Montblanc, Piaget, Prada, Saint Laurent, Stella McCartney, Stuart Weitzman, Tiffany & Co, Valentino, Van Cleef & Arpels, Versace. 22
  24. Traackr, the data-driven influencer marketing platform. Copyright © 2020 Traackr. All rights reserved. Find out more at traackr.com.
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