Business Standard

Thursday, December 19, 2024 | 08:20 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

What are 'influencers', and how do companies use them for marketing?

Influencers work with companies to promote their products and services

influencers
Premium

Raghav Aggarwal New Delhi
The Department of Consumer Affairs last week made it mandatory for social media influencers to disclose all the material benefits received by them, including gifts, discounts and awards. Failing to do so will attract strict legal action. The influencer may even be banned from endorsements for up to three years.

According to the new guidelines named "Endorsement Know Hows - for celebrities, influencers and virtual media influencers (Avatar or computer generated character) on social media platforms", the Central Consumer Protection Authority (CCPA) can also impose a penalty of up to Rs 10 lakh on manufacturers and endorsers. The penalty may

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in