I
am sure you must have come across this recent species in the social media. They
are called influencers. They are experts in everything. They know how to make
quick money, how to cook the best dinner, which restaurant to go to, which
foreign locale to visit, which property to rent or purchase, which dress will
look best on you, which spectacle frame, lip shade and eyeliner will make you
look like a wow, which stock to buy and even which man or woman to marry! I
really envy their confidence, though not their knowledge.
Facebook
has stock market gurus growing all over it like rashes. The only problem is
that they can be allergic rashes which can leave you poor and shattered if you
go by their financial acumen to pick stocks. Why are they not getting rich
themselves and so selflessly want me to get rich, I often wonder!
They
get their traffic by identifying the most vulnerable soft spot of their target
audience. Teenagers already suffering from body dysmorphia may fall deeper into
Chiborg and other rabbit holes, becoming critically desperate to look a certain
way. I don't mind a wonder cook advising how to cook the best Rajasthani Lal Mans, because the worst
case scenario is even the street dogs will refuse your generous hospitality
that day, but the guy who is peddling magic cure of diabetes or hypertension
can wean you out of your physician's prescribed drugs and kill you!
Influencers
can very easily indulge in disguised motivation for pitching a diet supplement
or a real estate property or a stock and deprive you of both health and wealth.
These fitfluencers and finfluencers if let loose on the society can create
havoc and the government agencies must check their credentials and force them
to undergo accreditation. They are not just a menace anymore, they are downright
dangerous.
A
positive impact
Genuine Social Media Influencers are individuals who
have established credibility in a specific industry with access to a large
audience and the power to persuade others to act based on their
recommendations. They represent a new type of independent third-party endorser
who shape audience attitudes through blogs, posts, tweets, and the use of other
social media. I would be the first person to admit that Social media
influencers are renowned for their quality and engaging content. Their positive
impact is felt in areas such as mental health awareness, where they highlight
its importance and offer people a platform to talk and vent their emotions. They
also bring attention to the importance of sustainability, feminism, and animal
welfare.
They have become incredibly popular in the last
couple of years, and people have started looking up to them. Across categories
such as fashion, tech, travel, food, or even parenting, they help people learn
about the latest trends. They are also in a position to help people buy useful
and effective products by posting authentic reviews and making smart choices.
Moreover, influencers also support brands’ and small businesses’ grow by
reaching out to a large audience, thus helping the country’s economy.
Who
is a Social Media Influencer?
A Social Media Influencer may be anyone from a
blogger to a celebrity to an online entrepreneur. Some of the top Social Media
Influencers in India are celebrities such as Alia Bhatt, Ranveer Singh, Akshay
Kumar, Disha Patani, or sports personalities such Virat Kohli, MS Dhoni. Social
Media Influencers may not necessarily be celebrities only. The list of Social
Media Influencers also includes fashion bloggers such as Diipa Buller Khosla,
Santoshi Shetty or food bloggers such as Richa Hingle, Saransh Goila or
comedians such as Kanan Gill, Kenny Sebastian, etc. International Social Media
Influencers who have a huge follower base include Hudda Kattan (make-up
expert), Cameron Dallas (song reviews), Kylie Jenner (modelling), Cristiano
Ronaldo (football star) etc.
Influencer marketing
This
is the newest form of marketing, consists of companies or agencies reaching out
to Social Media Influencers for their brand promotional purposes. Nowadays
companies engage in such strategy by sending social media influencers products
free-of-charge so that they can post reviews or share a photo, invite them to
attend events where everything is taken care of by the company, or share a
certain message with their audience. A travel blogger may be invited to a 5
star resort for a free on the house weekend in exchange of a good review. A
food blogger may not only get a free dinner for two but an extra remuneration
for a favourable review.
The darker side
People
worship social media influencers, treat them as mega-celebrities, create fan
pages for them, and even send them expensive gifts. This has risen to blind
faith, which has its own challenges. The other issue is that it has created
disparity among businesses. Brands with a big marketing budget are able to get
their products promoted by collaborating with larger social media influencers.
This makes it difficult for small businesses and start ups with low marketing
budgets to beat the competition.
Some
social media influencers are also often seen posting inauthentic reviews to get
more brand deals and generate revenue. Their audience, in turn, purchases
products on their recommendation, leading to unnecessary hoarding of products
and immense competition among teenagers.
Lastly,
a certain section of social media influencers promote a life of luxury and
independence, dismissing the idea of working sincerely 9-5. Then, on the other
extreme, some influencers promote constant hustle, how one needs to be
productive all the time. This can negatively impact the minds of young people
who have just started their careers, setting wrong precedents for them.
Legal standpoint
This
statement made by the Single Judge of the Bombay High Court brought into the
limelight the impact and responsibilities of Social Media Influencers “Social
Media Influencers, whether their audience is significant or small, impact the
lives of everybody who watches their content. They do have a responsibility to
ensure what they are publishing is not harmful or offensive.”
A
statement by a Social Media Influencer about a certain product may be construed
as defamatory/disparaging by the brand. Then, the first test is to separate
statements of fact from opinions. Opinions cannot form the legal basis of a
defamation or disparagement lawsuit. Any person can have an opinion about a
product/service, and freedom of speech allows him/her to express the same.
However, if he/she were to state that a particular product can harm the user, then
they are stating a fact. To establish defamation, in such cases, the burden
would be on the company/brand to establish that the Social Media Influencer
whom they were suing acted with “actual malice” i.e. the person acted
recklessly, with full knowledge that their statement was false and with utter
disregard for the truth.
A
Social Media Influencer should never promote something that they don’t support
or lie about a product to generate sales for the brand. This may harm their
image and their trustworthiness, which in turn can erode their fan base. They cannot
make up claims about a product that would require proof the advertiser does not
have – such as scientific proof that a product can treat a health condition.
The
Social Media Influencer ecosystem is all set to change soon. The government is
thinking of releasing guidelines to bring more transparency and help protect
consumer interests. This would mean a similar set of regulations, if not the
same, will be in place to put sponsored influencer and digital creator posts on
Instagram on the same page as regular advertising on digital platforms. A step
towards regulation of such Social Media Influencers would be to follow the
footsteps of many nations and adopt guidelines similar to the guidelines in
those countries.
The
creator economy, which comprises social media influencers, content curators,
bloggers, and bloggers, is almost a decade old. The pandemic expedited the rise
of social media influencers. In 2022, there were over 50 million social
media influencers. Over 500k professional individual creators on Instagram
have over 100k followers each. These people are considered active influencers.
The number is only going to increase in the coming years, which means social
media influencers’ impact on society will also grow. So, beware of them.
Dangerous . And people do fall prey .
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