International Journal of

Business & Management Studies

ISSN 2694-1430 (Print), ISSN 2694-1449 (Online)
DOI: 10.56734/ijbms
Influencer Political Endorsements: Good Business? A Case Study Of The 2024 Presidential Election

Abstract


This preliminary study investigates the political endorsement of "internet influencers" in Taiwan during the 2024 Republic of China (ROC) Presidential Election. It aims to explore the tangible effects these endorsements might have on candidates' online public perception (or sentiment), and to uncover the primary considerations for influencers when undertaking such "political endorsement" projects: Is political conviction paramount, or does commercial interest prevail?

Employing a mixed-methods approach, this research utilizes both "big data social listening" and "in-depth interviews." This dual-path methodology, integrating quantitative and qualitative analyses, provides a comprehensive understanding of the "influencer industry's" participation logic and values in significant political events in Taiwan.

The research team observed three representative influencer endorsement events during the month leading up to the election. We quantitatively analyzed the changes in online sentiment and engagement surrounding these events. Simultaneously, we conducted in-depth interviews with three prominent influencer teams in Taiwan to qualitatively assess the "commercial-related" and "non-commercial-related" considerations influencing their decisions to engage in "political endorsement" projects.

The findings indicate that influencers' or influencer channels' political endorsements do have a short-term positive impact on candidates' online engagement, particularly when a candidate's online presence is low. This suggests a valuable investment for underdog candidates seeking to boost their momentum. However, this positive effect is constrained by two main factors: first, whether the candidate themselves possesses influencer-like qualities, and second, the endorsing influencer's own level of online engagement. For instance, while mega-influencer Alisasa endorsed Ko Wen-je, who already commanded a high online presence, the additional boost was relatively limited. Conversely, Jaw Shaw-kang, who had a lower online presence, significantly increased his online engagement after a paid collaboration with a well-known influencer channel.

The in-depth interview results reveal that influencers' motivations for political endorsements are complex, potentially involving political ideals, but more often driven by commercial considerations. Influencers will undertake "political endorsement" projects if they assess that such actions can yield financial gains and expand their market reach; otherwise, they will choose to avoid or refrain from taking a stance. During the 2024 ROC Presidential Election, the severe societal polarization and antagonism within Taiwan likely led to concerns among influencers that supporting one side could alienate half of their market. This is very possibly the primary reason why most Taiwanese influencers chose not to make political endorsements in the 2024 presidential election.