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KO WhitePaper Beauty&TheEvolutionOfInfluence 10123
KO WhitePaper Beauty&TheEvolutionOfInfluence 10123
of Influence
Backstage at Givenchy Spring/
Summer 2023 Fashion Show (via Spotlight).
BEAUTY & THE EVOLUTION OF INFU
L ENCE
5 ACTION POINTS
COMMUNITY IS KING
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BEAUTY
Meet
ANNIKA BAER
ANNA ROSS
Data Insights & Analytics
Editor & Project Lead Marketing Manager to US
Head of Creative Insight and European Markets,
& Trends, Karla Otto Lefty
HUGO RAMOS
MADELEINE BOYD
Strategy Consultant
Beauty Insights Strategy Consultant, Lefty
Vice President, Global
Beauty, Karla Otto
the Team
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& THE UTION LEV OF UENC IFL
Foreword
“When it comes to the beauty industry, com- nity of influencers. Lefty helps you find your com-
munity has always been king. And this has never munity and gives you the tools to measure those
been truer than right now. At Karla Otto, we have relationships. We created the product for this
the privilege of supporting many of the world’s reason.” - Thomas Repelski, Co-CEO of Lefty.
leading luxury beauty brands—both legacy and
emerging niche—in cultivating deeply engaged “In the digital era, brand communities are critical.
communities and cementing these brands’ cultu- Consumers are not only overwhelmed by choice
ral relevance. As the digital landscape continues but savvy to a hard sale. Building a community
to evolve rapidly, especially with the emergence not only enriches your brand with advocacy but
of Web3, mastering your community strategy organicity. Karla Otto’s partnership with Lefty
across platforms should be a top priority for every empowers our brands with impactful, influen-
beauty brand.” - Madeleine Boyd, Vice President, cer-led storytelling that taps into the nuances
Strategy, Global Beauty, Karla Otto. of contemporary culture and community while
enabling us to determine what’s new and, most
“If you want to be visible right now, you must importantly, what’s next.” - Anna Ross, Global
invest in social media. We’re seeing brands invest Head of Creative Insight, Karla Otto.
more budget than ever in building their commu-
Methodology
This study is based on the analysis of more than ted by estimating the number of impressions of
50,000 influencers across 22 international mar- each publication and, for 2022, associating a CPM
kets with more than 10,000 followers on Insta- of $100, which is equivalent to $1 per engagement.
gram, TikTok, and YouTube who have mentioned The formula used is:
one of the 100 major international beauty brands
tracked in this report from 2019-2022. The in- Impressions*CPM
fluencers presented in this study have been iden- 1000
tified thanks to Lefty’s proprietary algorithms.
Note: Even though the list of influencers re-
On Instagram, this study focuses its analysis only trieved aims to be exhaustive, it is possible that
on Instagram in-feed posts (Posts, Videos, Carou- some influencers who have posted content for
sels) and does not look at Instagram stories. brands may not be taken into account in the
Lefty defines Earned Media Value (EMV) as the present study.
equivalent ad spend of the impressions gained. In
the case of Instagram and TikTok, EMV is calcula-
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B E A U T Y & T H E E V UTYBEAO L U T I O N O F I N F L U E N C E
Action Points
COMMUNITY IS KING
Spending
influencers has
335
increase in 5
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& THE EVOLUTION OF INFU
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THE BEAUTY
on
BRANDS WHO WON 2022
s seen a
5%
The top brands of 2022 – Kylie Cosmetics,
Rare Beauty, and Fenty Beauty – demonstrated
the power of celebrity and online community as
each of these brands’ foundation were built on
leveraging their presence on social media.
years.
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BEAUTY
Community
INTRODUCTION
Is King
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& THE EVOLUTION OF INFLUENCE
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BEAUTY
Beauty
& the Era of Influence
“82 % of Gen Z
so did businesses’ marketing strategies. As
other forms of OOH advertising became
& Millennials trust the opinion of influencers harder to activate, the relevance of influen-
cer marketing became critical.
over brands.”
“The evolution of influencer marketing co-
MORNING CONSULT
mes from a very logical place: consumers
have moved from obtaining information
Meanwhile, the decline of print media from sources such as the internet, press,
coupled with Covid-19 proved the perfect and television to social media and influen-
Over the past decade, as the internet has storm for the impact of influencer marke- cers,” explains Thomas Repelski, Co-CEO
evolved, so has how brands communicate ting. As consumers pivoted to life at home, of Lefty.
to and with their communities. The acce-
leration of the web has conjured a wealth
of information and, with it, misinforma-
tion. Options are endless, and opinions —
everywhere. Consequently, consumers are
overwhelmed and seek authenticity and
validation via commentary from trusted
communities and peers.
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& THE EVOLUTION OF INFU
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UTYBEA
The Social
Shuffle
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& THE EVOLUTION OF INFU
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“Beauty lends itself naturally to influencer “While influencer beauty content used to
marketing,” comments Karla Otto’s Boyd; be dominated by long-form YouTube vi-
“So much of the category's consumer deos, today the landscape is all about short
purchase behaviour is driven by personal form; think Tiktok, Instagram Reels, and
product reviews and recommendations, YouTube Shorts. Capturing the audien-
especially in skin care.” ce’s attention in the first three seconds is
paramount,” surmises Boyd.
Indeed, platforms like YouTube, for instan-
ce, have long-standing links with makeup
tutorials, unboxing, and product reviews
emerging across the video platform before
“ 40
% of Gen Z now head
the word ‘influencer’ even surfaced. straight to social media for reviews and
However, as the internet has evolved, the
recommendations.”
all-important trust factor has shifted. Ac- GOOGLE 2022
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BEAUTY
The Rise
THE SOCIAL SHUFFLE
of TikTok
“TikTok surpassed
Instagram as beauty's favourite
True to Boyd’s insights; Lefty analysts have
uncovered a social shuffle showcasing a significant
social platform in 2022.”
change in where beauty brands allocate budgets LEFTY
+ 40% 8.07%
of Millenials & Gen Z follow influencers. Engagement Rate on TikTok, 2022.
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& THE EVOLUTION OF INFLUENCE
than Instagram. Thus, brand partnerships within the TikTok sphere dis-
play a more diverse influencer community matrix than
Instagram’s, relying less on Mega influencers (think
celebrities or influencers with millions of followers)
EMV DISTRIBUTION BY INFLUENCER TIER Mega 1M+ to generate that all-important visibility. See how Lefty
Top 300k-1M Macro 100k-300k Micro 300k-10k breaks down the distribution in the chart.
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B E A U T Y & T H E E V UTYBEAO L U T I O N O F I N F L U E N C E
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B E A U T Y& THE UTION LEV &
OF UENC IFL T H E E V O L U T I O N O F I N F L U E N C E
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UTYBEA
The Brands
MAKEUP EMV 2022 (M) IG YoY TikTok YoY
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& THE UTION LEV OF UENC IFL
SKINCARE
TIKTOK
SKINCARE
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B E A UTYBEAU& THE T
UTION LEV OF UENC IFL Y & T H E E V O L U T I O N O F I N F L U E N C E
Insights
by Karla Otto
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BEAUTY & THE EVOLUTION OF INFLUENCE
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Culture
EMERGING TREND
Over Commodity
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BEAUTY & THE EVOLUTION OF INFLUENCE
In 2023 and beyond, influencer marke- A new trend has emerged that places au-
ting is increasingly becoming less about thenticity, content niche and locality at the
numbers and more about creating genuine forefront, dubbed by many as ‘The Influen-
relationships that reinforce trust, transpa- cer Next Door’. “A shift we’ve seen in the
rency, and a sense of community between influencer ecosphere is the importance
consumers and brands. of the nano and macro influencer, as well
as those voices for niche communities,”
The rise of TikTok is a fascinating insi- comments Boyd. “By utilising tools like
ght into what's resonating with beauty Lefty, Karla Otto has been able to engage
communities today. For younger demo- more localised thought-leaders to amplify
graphics, in particular, marketing that is our brands' campaigns and reinforce their
creative, community-driven, and topic cultural relevance,” she acknowledges.
relevant is resonating more than ever. Lefty’s platform includes an extensive ran-
And while scale can be a successful metric ge of influencer audience metrics, inclu-
to increase visibility, consumers have ding audience demographics, engagement
become increasingly sceptical around paid rate and audience locality, enabling brands
content and are craving organicity. to create strategic partnerships with
So what’s the answer? laser-focused target audiences.
“Collaborating on
creative content
as opposed to
‘pay for post’-type
content is now more
important than ever
to communicate
authenticity and
genuinely story tell.”
MADELEINE BOYD
23
UTYBEA
CASE STUDY
Off-White
“PAPERWORK”
OVERVIEW
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& THE UTION LEV OF UENC IFL
ye
STRATEGY
ENG. RATE
10.4%
LIVAN (@maeve
SUL llisu
lliv
EVE an
M A )
ENG. RATE
6.7% KA
RE N
JIMENEZ (@theset.b
ykj
)
RESULTS
6.9%Carousel
*All pictures Off-White “PAPERWORK” campaign (via Instagram).
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BEAUTY & THE EVOLUTION OF INFU
L ENCE
For Beauty, our data points to TikTok as the platform of choice for “No matter the format or the platform, our job at Lefty remains
gaining new customers and reaching new communities in 2023, the same. We give brands a tool to measure their influencer rela-
allowing marketers an opportunity to tap into young consumers tionships and help grow their communities,” surmises Repelski.
like never before. However, it’s important for brands to be aware
of sensitive geopolitical tensions in certain markets. In India, the THE FUTURE OF COMMUNITY
app is banned altogether, whereas in the US, more than 20 states Meanwhile, the web as we know it is evolving into its next stage:
have banned the app from government devices due to concerns Web3. Web3 presents a version of the web where services are not
about data protection and the potential for election interference. hosted by businesses, but by all. As such, the community is the
Brands who operate in these markets should stay vigilant to the cornerstone of this new era and critical for success in this new
geopolitical business context of the platform as a marketing tool space. And while the jury remains out on how widely beauty con-
as we head into 2023 and beyond. sumers will adopt it, Boyd comments that brands that evolve with
their communities will be best setup for success.
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BEAUTY & THE EVOLUTION OF INFLUENCE
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BEAUTY & THE EVOLUTION OF INFLUENCE
LEFTY Created in 2015, Lefty is a platform that helps brands optimise their influence marketing
programs. Based on proprietary, state-of-the-art technology, Lefty supports brands with in-
fluencer identification, management and reporting of their influencer marketing campaigns.
Discover more at lefty.io or contact contact@lefty.io.
KARLA OTTO Founded in 1982, Karla Otto is a full-service brand-building agency, operating from thirteen
cities across the globe. Karla Otto’s service is unparalleled. Blending the best of fashion,
beauty, design, lifestyle, and arts & culture, we offer a panoramic view of opportunities and
the ability to execute complex ideas. Our loyal network and unrivalled approach to culture
and community enables us to take brands to brave new territories. Dicover more at karlaotto.
com or contact insights@karlaotto.com.
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