Talking about KOL in the age of digital marketing.
JIANING QIAN 13th Feb.
Preface
I am familiar with digital sales and live operation. I majored in TV directing during my undergraduate, and I also have intern work experience at Zhejiang TV shopping channel and as an event planner at Chinese local e-commerce company ALIBABA. According to live show to promote products is a most common way to expand your brand influence. After graduated from university, I joined in a start-up company to hold a position at account manager and director. Our group devoted to service some e-commerce brands to help them expand brand influence.
Introduction
With the development of digital business models and the rise of the digital industry, offline physical stores are suffering unprecedented shocks. Therefore, e-commerce brands are gradually entering the horizons of consumers. With the advancement of Internet technology, a variety of live broadcast software has emerged, which has also become a channel for merchants or enterprises to conduct product marketing. At the same time, a new profession emerged, what we want to talk about ‘KOL’, better known as Key Opinion Leaders. They are what consumers are gravitating towards in hopes to filter the clutter that digital advertising has created. The digital age has seen a shift in marketing with the emergence of KOL. (INFLUENCER 101,2019)
Why KOL can influence people
Unlike TV shopping, e-shopping platforms expand the business development channel to more platforms. KOL’s marketing method is to publish product recommendations through its own public social platform, so that users see the traffic generated in the future to maximize the effect of publicity. These KOLs often do not have a fixed brand contract. They will carry out live promotion according to the brand that needs to be promoted and encourage viewers to buy. Unlike the TV shopping host, KOL often has a large number of fans to follow him. Products recommended by TV shopping hosts often haven’t used them beforehand. However, KOL will evaluate the products to be promoted in advance and compare them with equivalent products, so they will be more responsible to the audience, so that why KOL always win more audiences. KOL’s mass foundation comes from their original accumulated data, it can even be said that the original work published by these people originated from their own interest in a certain field, especially in make-up industry.
KOLs are not only connect with their audience, but in most cases, they also have a specific target demographic. The reason why make-up has become a trend is related to its customer base. For a market with very mature online shopping and e-commerce operations in China, there are many excellent KOLs that have emerged from the public’s perspective. Li Jiaqi, a Chinese make-up KOL called ‘Lipstick top 1’, who holds world record of applying lipsticks. He is also included in the 2019 Forbes China Under 30 Elite List. For lipstick, a product that occupies the female market, Li Jiaqi is very good at capturing consumers’ psychology. Also, there are many male consumers who do not know lipsticks will watch his video to choose lipstick for their girlfriends.
Future development trend of KOL
As a person who can bring influence to the public from the public perspective, KOL will inevitably move towards professional standardization. Nowadays, many KOLs will be signed by brokerage companies and receive professional vocational skills training. This is not only an upgrade of an industrial chain, but also a responsibility for consumers.
Choosing the right KOL for each brand will also become a reasonable marketing strategy. The right KOL will become the image of the company like a brand spokesperson. KOL will be an important part of brand marketing. In the context of digital business models, KOL will become an increasingly mature career development phenomenon in this field.
The future KOL will be more than just a blogger active on his social platform. They will be packaged as an artist, but still retain their original intentions. Professional skills training is to help them better identify brand needs and serve customers. This will help them attract consumers more broadly based on their original fans.
Overall, the function of KOL cannot be ignored, because they evolved from consumers to representatives. They will have a say in this brand more than ordinary star effects.
(721 words)
Reference
- INFLUENCER 101,What Is KOL In Marketing? https://www.hyprbrands.com/blog/what-is-kol-in-marketing
- Donahue, D., Kotz, B., Curran, R. M., Anderson, A., & Kotz, H. (2004). U.S. Patent Application No. 10/394,165.
- 方超. (2018). 电商网络主播特征对消费者态度影响研究 (Master’s thesis, 安徽大学).
- 李宜真. (2019). 網路紅人說服效果之研究.
- 10 KOL MARKETING TRENDS IN CHINA FOR 2020 https://www.digitalmarketing-conference.com/10-kol-marketing-trends-in-china-for-2020/
KOL is very popular nowadays.Author’s opinions are very unique. As discussed, KOL plays an important role in our daily life. I believe it will make larger influence in the future!
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My article is about new media, and the development of Key Opinion Leaders in the digital age can be said to rely on the extensive application of new media.
Understanding the mechanism of new media is of great significance for establishing high-quality self-media and operating new media. KOL can be understood as sales with a certain reputation in a sense. They rely on their own traffic resources and professionally recommended products in a certain industry.
I was thinking that if they joined the economic company, more business benefits would be attached to their identity. Can they still retain the authenticity of the product quality judgment?
Thanks to JIANING for making me think new.
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Hi Jianing,
As a Chinese, I can clearly feel the rise of this marketing model and the profession you mentioned. I do agree this marketing model has its advantages because when the online celebrity or so-called KOL introduces products in their live streaming, consumers can communicate with him by sending comments at any time, this communication method is very effective. Besides, in comparison to marketers proactively send marketing content to consumers, this approach does not make consumers feel that their privacy has been violated.
However, the lipstick big brother — Li Jiaqi you mentioned had previously made a mistake on live streaming because of selling unfamiliar products, which caused a crisis of trust. Therefore, the trust from followers and the broader masses is the determinant of these online celebrities’ (KOL) success. Based on this, what do you think is the key element to improving the credibility of these KOL?
Best,
Yichi
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Hi Money!My article is also about new media and KOL, we can have some communication! The last part of your article gave me some inspiration to think about the role of KOL in cultural development. Welcome to my blog and look forward to your comments!
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