Too many people want to be social-media influencers
Live MintAsk a young person what they would like to do with their life and increasingly often the answer will be to find fame and fortune online. Fully 57% of Gen Zs in America would like to be a social-media influencer, according to Morning Consult, a pollster; 53% describe it as a “reputable career choice”. Spoiled for choice, companies have shifted their attention towards influencers creating content for narrower audiences, such as fashion tips for the over 60s or gardening advice for inner-city dwellers, to better target those consumers. Marketing agencies help companies manage contracts with many such influencers, sometimes using artificial intelligence to scout out those whose audiences best match their needs. In a survey last year McKinsey, a consultancy, found that 68% of fashion consumers globally were unhappy with the amount of Influencers first took off because consumers thought of them as “people they could trust”, says Anita Balchandani of McKinsey.