date published
24/1/2024
cover of the study “Influencer Marketing and Luxury Brands”, by Kolsquare

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Decoding the challenges of influencer marketing for luxury brands

8 expert tips for successful campaigns in 2024 & the ranking of brands in the sector on Intagram and TikTok

Decoding the challenges of influencer marketing for luxury brands

The global luxury sector is experiencing remarkable expansion, bolstered by e-commerce. At the core of this industry, the significance of partnering with key opinion leaders (KOLs) is indisputable in upholding a prestigious brand image. This necessity is exemplified by renowned strategic partnerships, such as the collaboration between Roger Federer and Rolex or that between Louis Vuitton and Pharrell Williams.

In this milieu, micro-influencers emerge as conduits of authenticity, bolstering their credibility through highly engaged communities. Concurrently, the synergy between luxury and sustainability is surfacing as a pivotal concern. Houses like Gucci are embracing eco-responsible approaches and are allying with KOLs to advocate for eco-conscious initiatives. These brands are striving to substantially diminish their ecological footprint, targeting a 40% reduction by 2025, thereby demonstrating their dedication to a more sustainable future.

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