BENCHMARK REPORT: THE STATE OF INFLUENCER MARKETING

Summary from the TLDR Marketing newsletter

The influencer marketing industry is set to grow to $24 billion by the end of the year. 75% of respondents have ramped up their content production recently, with 26% intending to allocate over 40% of their marketing budgets to influencer campaigns. Small influencers are preferred, with 44% opting for nano-influencers and 26% for micro-influencers. TikTok, used by 69% of brands, leads as the top channel. Payment methods have also shifted, with 41% of brands paying influencers directly rather than offering free products.