According to Mediakix data, the influencer marketing industry is on track to be worth up to $15 billion by 2022, which is up from $8 billion in 2019. This growth is fueled by consumer trust in influencers. Mobile Marketer reported that nearly 45% of social media users follow an influencer, and 34 percent of them have discovered a brand solely based on influencer posts. For many people, an influencer becomes similar to a trusted friend whom we may ask for product or service recommendations. While influencers can play an important…
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