From Masks to Mega-Influence: The Rise of Influencer Marketing in the Covid Era! Reflecting on the pandemic era, where masks became our daily accessory. Yet amidst the challenges, the marketing industry thrived. Before the pandemic, the influencer marketing industry was already on the rise, but its growth skyrocketed during Covid and shows no signs of slowing down. In 2019, influencer marketing was a $8 billion industry. Fast forward to 2020, it surged to $13.8 billion globally, marking a whopping 73% increase! Brands turned to influencers for authentic connections with their audiences, driving engagement and sales in unprecedented ways. As we move ahead, influencer marketing continues to redefine the marketing landscape, offering new avenues for brands to thrive and connect with consumers on a deeper level. Let's ride this wave of innovation and collaboration together! #InfluencerMarketing #CovidEraGrowth #MarketingTrends
Very informative with great insights
While the numbers reveal influencer marketing's growth, I wonder about the depth of these connections. When every influencer endorsement could be a paid promotion, do consumers still feel the same level of trust and authenticity? It's a balance that brands will have to carefully manage.
It's interesting to look back at the growth of influencer marketing
Sweta, incredible insights on the meteoric rise of influencer marketing! The stats are truly inspiring for us in the industry. 🚀
The "value for the audience" tip is key.
I'll keep this in mind
Covid has really boosted the digital economy, forcing everyone to adopt, otherwise this growth would've taken a decade Sweta Singh
Such a powerful reflection on Influencer marketing during the pandemic! It's incredible to see its growth, fostering authentic connections and driving unprecedented engagement. Sweta Singh
Risk @KPMG • Finance, Career & Marketing • Grant Thornton • HUDCO (GOI) • CRY
7moIf not covid, we would have seen this growth till 2030.