20 Surprising Influencer Marketing Statistics
Influencer Marketing ROI: According to a study by Influencer Marketing Hub, businesses are making $5.20 for every $1 spent on influencer marketing, with the top 13% earning $20 or more.
Growth of Influencer Marketing: Influencer marketing has grown by 1500% over the last three years, according to a report by Influencer Marketing Hub.
Effectiveness of Influencer Recommendations: 49% of consumers rely on influencer recommendations for their purchasing decisions, as per a study by Mediakix.
Engagement Rates: Micro-influencers (those with 10k-50k followers) have an engagement rate of 7% compared to 1.7% for mega influencers (1 million+ followers), according to Influencer Marketing Hub.
Increased Brand Awareness: 87% of marketers use influencer marketing to create brand awareness, reports Influencer Marketing Hub.
Preferred Platform: Instagram is the preferred platform for influencer marketing, with 93% of influencer campaigns using Instagram, according to Influencer Marketing Hub.
Consumer Trust: 63% of consumers trust influencers more than brands, as per a survey by Rakuten Marketing.
Purchase Intent: Influencer marketing drives 11 times more ROI than traditional digital marketing, according to a study by TapInfluence.
Content Creation: 73% of marketers say that influencer-generated content outperforms brand-created content, reports Social Media Today.
Long-term Partnerships: 57% of marketers say they plan to increase their influencer marketing budget in the next year, according to Mediakix.
Authenticity Matters: 92% of consumers trust an influencer more if they endorse a product or service they genuinely like, according to Influencer Marketing Hub.
Diversification of Platforms: TikTok has seen a surge in influencer marketing, with 86% of marketers planning to use the platform for influencer campaigns, as per Influencer Marketing Hub.
Video Content: Influencer marketing campaigns that include video content see a 49% faster revenue growth, reports Social Media Today.
Impact on Gen Z: 44% of Gen Z trust influencers, while only 29% trust celebrities, according to a study by Kantar.
Budget Allocation: 69% of marketers plan to spend the majority of their influencer marketing budget on Instagram, reports Social Media Today.
Influencer Niches: Niche influencers with highly engaged audiences can generate up to 60% higher engagement rates, as per a report by Influencer Marketing Hub.
Global Influence: 46% of marketers run international influencer marketing campaigns, according to Influencer Marketing Hub.
Content Authenticity: 61% of consumers say that authenticity is the most important factor when considering which influencers to follow, as per a report by SocialPubli.
Effective Partnership: 89% of marketers say influencer marketing ROI is as good or better than other marketing channels, according to Social Media Today.
Challenges: 78% of marketers struggle to determine the ROI of their influencer marketing campaigns, reports Linqia.
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