Influencer marketing can be a powerful tool for brands and public relations professionals looking to boost their reach and credibility. According to Influencer Marketing Hub, the influencer industry is set to grow to approximately $21.1 billion in 2023. However, despite many success stories, there are downsides. For example, according to Truelist, 63% of marketers and brands have been victims of influencer fraud. In addition, fake followers remain a top concern for 50% of marketers.

Perhaps no one understands the Jump Then Fall of the influencer world better than Taylor Swift. With more than 250 million followers on Instagram and more than 90 million followers on X (formerly Twitter), Swift can surely add the title “influencer” to her long list of accolades. Her recent relationship with Kansas City Chiefs’ Tight End, Travis Kelce, and her subsequent ties to the team serves as an outstanding example of both the pros and cons of utilizing influencers.

The Power of Influencer Campaigns

Influencer campaigns can be a dynamic component of public relations strategies, extending a brand’s message to a wider audience and enhancing credibility through association. While there is currently no formal influencer relationship between Swift and the Chiefs outside of her romantic relationship with Kelce, the team and the National Football League (NFL) are benefitting from the Invisible String that ties them together.

Wide Audience Reach: Swift’s immense popularity and influential status make her an ideal choice for brands looking to reach a diverse and massive audience. For instance, since her first appearance at a Chief’s game there has been a nearly 400% increase in Travis Kelce jersey sales. Brands who partner with certain influencers that connect with their audience and have a wide reach are sure to see similar results in their bottom line.

Authenticity and Trust: One of the primary reasons influencer marketing works is because it leverages the trust influencers have built with their followers. According to Marketing Dive, 69% of consumers trust influencers, then friends and then family before information from a brand.

Targeted Marketing: Since the first rumors of their relationship were released, interest in Travis Kelce has gone up by 25% and his favorability has gone up by 10%. Based on the many social media posts, a large portion of Kelce’s new fans are “Swifties,” otherwise known as Swift’s biggest fans. This is significant for both the Chiefs and for Kelce’s sponsors as 45% of these individuals are millennials and 52% are female. This is in contrast to the NFL’s typical fan, as 70% of the NFL’s fanbase is male and 65% are aged 25-39.

The Challenges of Influencer Campaigns

Despite the undeniable advantages, influencer campaigns come with challenges. Swift’s history with both the media and the public showcase just how quickly the tides can change.

High Costs: Hiring a superstar such as Swift, or even someone on a much smaller scale can be costly. While the average cost to hire a nano-influencer (1,000-10,000 followers) is only $10 to $100 per post, that cost can soar to $5,000 to $10,000 per post for macro-influencers (500,000-1 million followers), and organizations are paying the cost. In fact, 23% of respondents to Influencer Marketing Hub’s survey stated they plan to spend more than 40% of their budget on influencers this year, potentially taking vital resources away from other marketing efforts.

Loss of Control: When collaborating with influencers, brands must relinquish some control over their messaging. This can be risky if an influencer’s actions or statements do not align with the brand’s values or objectives.

Saturation and Authenticity Concerns: In the case of Swift’s relationship with Kelce and the NFL, many fans appear irritated, saying the NFL and the Chiefs are going overboard with mentions of Swift. Kelce seems to agree, saying, “They’re overdoing it a little bit, especially my situation.”

Influencer campaigns are valuable tools, offering a range of benefits such as broad reach, authenticity and targeted marketing. Nevertheless, they come with challenges like high costs, loss of control and concerns about authenticity. By carefully weighing the pros and cons and tailoring influencer campaigns to fit specific needs and circumstances, PR professionals and brands can leverage this powerful tool to enhance their public image and reach new audiences.