Popular influencers on social media are co-creating collections with brands
Trend - Brands are reaching out to influencers with significant followings on various social media platforms in order to collaborate with them on new products and collections. Co-created products in this space include everything from skincare sets to wellness journals.
Insight - The amount of reach social media influencers have, particularly in appealing to Millennial and Gen Z demographics, is vast. This form of celebrity is more intimate and authentic-seeming to consumers, and they're thus more likely to trust products coming from influencers over other types of celebrities.
Insight - The amount of reach social media influencers have, particularly in appealing to Millennial and Gen Z demographics, is vast. This form of celebrity is more intimate and authentic-seeming to consumers, and they're thus more likely to trust products coming from influencers over other types of celebrities.
Workshop Question - How could your brand better tap into the influencer market?
Trend Themes
1. Influencer Collaboration - Influencers are collaborating with brands to co-create collections and product lines, helping to make products more intimate and authentic-seeming to consumers.
2. Influencer-crafted Menu Items - Restaurants and food brands are partnering with influencers to launch limited edition menu items designed to appeal to younger demographics and drive engagement with the brand.
3. Social Media-inspired Products - Brands are launching products inspired by social media trends and influencers, particularly targeting Millennial and Gen Z demographics.
Industry Implications
1. Fashion & Beauty - Fashion and beauty brands can collaborate with influencers to co-create collections and create trust with younger demographics.
2. Food & Beverage - Restaurants and food brands can partner with influencers to develop limited edition menu items and attract younger consumers.
3. Consumer Goods - Consumer goods brands can launch social media-inspired products that appeal to younger demographics and leverage the reach of influencers.
