In a few short years the influencer marketing industry has ballooned to $24b. The erosion of first party cookies and pixel tracking has accelerated this growth, along with evolving purchasing demographics. I was shocked to learn that 43% of younger consumers have made purchases based on influencer recommendations in the past year. As brands begin leveraging influencers to reach their customers, we found that more than 70% of those we surveyed are concerned about brand damage when partnering with influencers. To help those companies understand and benchmark this risk, we're proud to release our latest industry report, linked below. Check it out and lmk what you think... Nice work Amy Warren and Micole Garatti, MBA for taking the lead on this one!
Breaking News 📣 Fama is proud to announce our newest research: The State of Influencer Misconduct in 2024! 70% of brands are concerned about brand safety when working with influencers -- and for good reason. After screening thousands of influencers this year, we found nearly HALF have published problematic content like threats, violence, intolerance, and more. The data showed: ⛔ 47% of influencers shared problematic content that could get brands into hot water 😱 Trolling and online harassment, intolerance, and sexual misconduct were the most common types of misconduct ☠️ 15% of influencers even made threats online You work with influencers to promote your brand. We partner with brands and agencies to screen for influencer misconduct, so you can focus on growth, not damage control. Read the research to learn more about influencer misconduct and what you can do about it here: https://hubs.ly/Q02_2GKr0 #InfluencerMisconduct #InfluencerMarketing
Ben, appreciate you for sharing this!
brilliant
Insightful data, Ben Mones!
Strategy & GTM Executive. 2 plus decades in People/Work Tech. Love The Early Growth Stage
3moHaving 3 teen kids…43% seems WAY low to me. This is the only way they hear about new products. Think about how much influence that really is over sales and marketing. But are they vetted and treated the same way as employees ?