It's fair to say over the past few years influencer marketing has been painted in a bad light. ASA fines, fake followers, the Fyre Festival and wasted budgets the list is endless.
But in spite of all of this, brands and agencies continue to scale their influencer marketing investments and operations.
Which makes us wonder... what's next for influencer marketing?
To get the full story on how influencer campaigns are evolving, ZINE dug deep to hear both sides of the story. We surveyed over 1000 influencers and 200 brands and agencies, to assess the current states of influencer marketing and to see where it's headed in 2019 and beyond.
Key findings in ZINE's 2019 Influencer Marketing report include:
- 25% of influencers would reject a collaboration if the guidelines are too strict
- 83% of brands will increase their budgets for influencers
- 73% of brands manually check influencers' audience health
- 29% of brands are unsure about how sponsored posts are priced
The report concluded that, when it comes to measuring success most marketers are heavily focused on engagements (33%) and direct sales (22%). But with a recent increase in bot activity working on algorithms and distributing fake likes, like there's no tomorrow, is engagement a reasonable indicator of ROI? Does engagement equate to views, or in fact sales?
This report investigates what the industry needs to get the most out of influencer marketing, addressing issues around strategy, execution and measurement.
I'm Head of Content at ZINE, where I use my expertise in fashion consumer psychology to empower brands and influencers in their marketing campaigns. I love to travel, bake as well as shopping online.