Influencers and influencer marketing – indispensable part of the business of modern companies
Abstract
With the growth of popularity and the development of social networks, appeared influencers and developed a new type of marketing, influencer marketing. Today, influencers, due to the influence they have on people, and influencer marketing, which records excellent results and helps the company achieve its business goals, are an indispensable part of the business of every modern company. The purpose of the article is to explain why influencers and influencer marketing are an important, indispensable part of the business of modern companies. Research methods which are applied in the paper are description and compilation method. By observing and researching the influence that social networks and influencers have on them authors concluded that influencer marketing will certainly continue to develop in the future and that it will gain even more importance for business operations. The paper presents the knowledge that the authors who were involved in research on influencers and influencer marketing have come to over the years. The information presented in the paper will serve other authors in researching this field.
References
Bakker, D. (2018). Conceptualising influencer marketing. Journal of emerging trends in marketing and management, 1(1), 79-87. https://www.etimm.ase.ro/RePEc/aes/jetimm/2018/ETIMM_V01_2018_57.pdf
Biloš, A., Budimir, B. & Jaška, S. (2021). Position and importance of influencers in Croatia. CroDiM, 4(1), 57-68. https://hrcak.srce.hr/254845
Campbell, C. & Farrell, J.R. (2020). More than meets the eye: The functional components underlying influencer marketing. Business horizons, 63(4), 469-479. https://nscpolteksby.ac.id/ebook/files/Ebook/Journal%20International/Marketing/Business%20Horizons%20%20-%20Volume%2063%2C%20Issue%204%2C%20July%E2%80%93August%202020%2C%20Pages%20469-479.pdf
Dimitrieska, S. & Efremova, T. (2021). The effectiveness of the influencer marketing. Economics and Management, 18(1), 109-118. https://em.swu.bg/images/SpisanieIkonomikaupload/SpisanieIkonomika2021/EconomicsManagement_Vol.XVIII_1_2021%20-%2016.05.2021.pdf#page=114
Garbin Praničević, D. (2020). Impact of Influencers to the Selection of Certain Products and Services. ENTRENOVA - ENTerprise REsearch InNOVATION, 6(1), 422-429.
Jin, S. V., Muqaddam, A. & Ryu, E. (2019). Instafamous and social media influencer marketing. Marketing Intelligence & Planning, 37(5),567-579. https://farapaper.com/wp-content/uploads/2021/05/Fardapaper-Instafamous-and-social-media-influencer-marketing.pdf
Kadekova, Z. & Holienčinová, M. (2018). Influencer marketing as a modern phenomenon creating a new frontier of virtual opportunities. Communication Today, 9(2). https://www.communicationtoday.sk/download/22018/06.-kadekova-hol%C4%B1enc%C4%B1nova-%25E2%2580%2593-CT-2-2018.pdf
Kostić Stanković, M., Bijakšić, S. & Ćorić, N. (2020). Influencer marketing as a way of brand promotion through social networks. CroDiM, 3(1), 146-158. https://hrcak.srce.hr/236265
Mandušić, D., Katalinić, V. & Blašković, L. (2023). Influencer marketing as an excellent way to promote an agricultural product. Entrepreneurship Education - E4E, 13(1-2), 168-180. https://doi.org/10.38190/ope.13.1-2.13
Martinčević, E., Vuković, D. & Hunjet, A. (2020). Bloggers and influencers, phenomena of influence on consumers of fashion clothing products. CroDiM, 3(1), 18-34. https://hrcak.srce.hr/236219
Mesarić, S. & Gregurec, I. (2021). The influence of influential persons on making a purchase decision - the opinion of Croatian influential persons. CroDiM, 4(1), 107-120. https://hrcak.srce.hr/254850
Permana, R. M. T., Rohandi, M. M. A., & Nugraha, Y. D. (2021). New business model for creative agency through influencer marketing. Jurnal Manajemen Dan Bisnis Performa, 18(3), 11-19.
Škare, V. (2023). Criteria for selecting influential persons for brand marketing communication via social media. International journal of multidisciplinarity in business and science, 9(15), 15-23. https://doi.org/10.56321/IJMBS.9.15.15
Woods, S. (2016). #Sponsored: The emergence of influencer marketing. https://trace.tennessee.edu/cgi/viewcontent.cgi?article=3010&context=utk_chanhonoproj
Copyright (c) 2024 Diana Karakaš, Hrvoje Zovko
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
The authors retain rights under the Creative Commons Attribution-NonCommercial 4.0 International (CC BY-NC 4.0). Authors assign copyright or license the publication rights in their articles, including abstracts, to MIP=JIBM. This enables us to ensure full copyright protection and to disseminate the article, and of course MIP=JIBM, to the widest possible readership in electronic format. Authors are themselves responsible for obtaining permission to reproduce copyright material from other sources.