The advent of social media has not only altered the
way social interactions work in our everyday world but has also perceptibly
changed the way marketing works. While mainstream channels like television and
radio were the main concern of a business before, today social media occupies
the biggest chunk of a firm’s marketing strategy. It has, to a large extent ,
enabled a more accessible platform for both businesses and consumers to share
their ideas.
One of the most remarkable things about this new
digital age is the fact that it has created easy and more accessible ways of
earning for an individual person. For example, one of the most common ways that
people are making money through the rise of digital marketing is by becoming
“social media influencers”. In the words of social media marketing expert and
educator, Neal
Schaffer,” Social media influencer is a person who helps to
influence the buying decision of a person through their online presence”.
This can be done through several ways, people use
various platforms like Instagram, Twitter, Facebook and online blogs to express
their opinions and provide feedback and recommendations for the consumption of
products. Online forums like podcasts and webinars
are also used for this purpose.
A new kind of marketing strategy is the use of
sponsored social media marketing whereby brands and social media influencers
come together in order to promote the brand. The Social Cercle provides platforms
through which brands which wish to engage with social media influencers and
adopt the sponsored social media marketing can interact with them. The unique
thing about the Social Cercle, however, is the fact that it does not have any
set prerequisites for those wishing to become social media influencers. Rather,
anyone who has a social media account on Facebook and Instagram can avail the
opportunity of making money by making an account at the Social Cercle.
Moreover, while bloggers and celebrities might exert a
huge influence on the consumer decisions in the individualistic and consumerist
societies of the West, the same cannot be claimed about collectivist societies
like Pakistan. According to a research published in the Australian Business
Journal, “Collectivism
and social influence in the buying decision: A four-country study of inter- and
intra-national differences”, social influence by people you know
is a far more important factor which influences consumer decisions in
collectivist societies like Asian countries compared to the West. This means
that a teenager is more likely to consume a product that their elder or parent
recommended than what an online app did. Keeping in mind the local context of
Pakistan, the Social Cercle has therefore launched its “socialite” program which
allows one to market a brand to their acquaintances and thus, earn money from
home. This is the first initiative of its kind
in Pakistan and thus presents an exciting opportunity for both brands
and individuals.
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