Saturday, 28 September 2019

INFLUENCER MARKETING 2019: Why brands can’t get enough of an $8 billion ecosystem driven by Kardashians, moms, and tweens

This is a preview of the INFLUENCER MARKETING 2019 research report from Business Insider Intelligence. 14-Day Risk Free Trial: Get full access to this and all Digital Media industry research reports. influencer marketing tiers

As influencers become more plentiful and proven, brand dollars have flooded into the space. Brands are set to spend up to $15 billion on influencer marketing by 2022, per Business Insider Intelligence estimates, based on Mediakix data

Partnering with influencers is already familiar to many brands, but the market is undergoing constant change: Brands must continually evolve their strategies accordingly. The market is rapidly expanding as influencer types have proliferated, with influencers filling every conceivable niche and sub-niche interest. Each of these types offer distinct benefits and trade-offs for brands. In addition to celebrities with massive followings like Kim Kardashian West and Kylie Jenner, brands are increasingly tapping other key influencer types, including micro- and nanoinfluencers, kidfluencers, gaming influencers, and virtual (computer-generated) influencers. 

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