In 2023, Global influencer spend hit an incredible $21 billion, up 29% from 2022. The channel has evolved from a PR bolt-on or campaign “nice to have”, to one of the decade’s most powerful media channels.
Despite this, some brands are still hesitant to invest significant budget in influencer, continuing to prefer tried and tested traditional channels like TV, OOH and Search.
In this blog, we're exploring the benefits of influencer marketing in 2024, why the channel is an essential investment for brands, and how to get the most out of it.