Hi @Lucy362
I'm always rather cynical about people like you who join our forums, to talk about social media and influencer marketing to hosts.....and oh wait for it...here is the sales pitch.... if they want help to manage this ...yes indeed you are just the person who can help them do so.
For disclosure I have headed up communications and marketing functions for national and global brands so have some understanding of how digital and influencer marketing works and am an established host. And I am not here to sell my services.
My take when it comes to social media and influencer marketing is rather different from Lucy's.
Instagram
Untargeted social media engagement is likely to have a very low to non-existent conversion rate (to bookings). To work well you need to be followed by the sort of people interested in holidays in your area and in your sort of property and have a fairly substantial following including influencers who will share your content across their platforms.
As a host there is nothing wrong with playing around with Instagram, Pintrest etc if you have the time. However it tends to work best for unusual places such as treehouses, boats, villa's by the sea, properties that have the 'wow' factor visually. (Lucy has given some useful generic tips on setting up an Instagram account).
I am wondering Lucy why you suggest hosts invest their money in instagram advertising? Do you have any stats on conversion rates for hosts who do this and whether this gives them a better ROI than other channels?
Influencer marketing
It doesn't matter how large a following an 'influencer' might have, but rather whether there influence is with the sort of people who might want to book your place.
For example if they are a travel blogger specialising in off the beaten track for the indepedent traveller and you are targetting families wanting a holiday in a mainstream resort they obviously won't have influence with the market as a host you want to target.
Hosts with more unusual or high end properties get approaches quite often from photographers, bloggers and influencers wanting a free stay. Many are just a waste of time and are more interested in getting a free ride.
Of course influencer marketing and social media can have it's place for certain properties, but hosts (like other businesses) can also find investing in social media, a drain on their precious time, which can be better spent elsewhere.