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How to Use Influencer Marketing to Expand Your Brand Internationally

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International Report Kolsquare

The successful international expansion of a brand hinges on a meticulous strategy that encompasses strategic planning, cultural adaptation, and engagement in local markets. The key points to remember are the importance of a well-founded strategy, cultural adaptation, and local engagement through influencers, monitoring and reporting to adjust campaigns, prioritizing reputation over sales, and employing flexibility and innovation as levers of success. Additionally, it's crucial to recognize influencer marketing as a growing, effective, and promising channel.

Influencer marketing is a pivotal tool for brands aiming to expand internationally, offering an effective alternative to traditional advertising methods. With a market projected to reach $24 billion by the end of 2024, this channel enables a deeper understanding of target markets through the expertise of local influencers. Collaborating with Key Opinion Leaders (KOLs) before launching a product can be instrumental in adapting to cultural specificities and meeting consumer expectations. Influencers provide increased visibility and valuable insights, facilitating a more relevant market entry.

A study by WPromote in 2022 revealed that international businesses had an initial average Return on Advertising Spend (ROAS) of -1%, but influencer marketing can accelerate expansion and establish an authentic connection with new audiences, reducing the timeframe for a positive return on investment. In summary, influencer marketing is a strategic approach that redefines international expansion, promising cost-effectiveness, cultural resonance, and lasting engagement.
 

In our latest report:

4 KEY STRATEGIES FOR EXPANDING INTERNATIONALLY WITH INFLUENCERS

1. Defining a 360° strategy as a starting point

2. Adapting a global strategy to a local market

3. Setting up a high-performance monitoring and reporting system

4. Prioritize awareness, then sales

 

II. INTERNATIONAL EXPANSION: THE KEYS TO INFLUENCE FOR EACH COUNTRY

1. Checklist: gaining a foothold in the UK

2. Checklist: gaining a foothold in Germany

4. Checklist: gaining a foothold in Spain

5. Checklist: gaining a foothold in France

CONCLUSION

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