69% of marketers that engage in Influencer Marketing now have a stand-alone Influencer Marketing budget
Stand-Alone Influencer Marketing Budget
In addition, 69% of those working in brands and agencies that engage in Influencer Marketing now have a stand-alone influencer marketing budget for the approach.
From 2014-16, an overall upward budget trend continued — with marketers reporting high-end annual budgets of $700k+ and more than 1 in 5 estimating their corporate-wide Influencer Marketing budgets to be in excess of $1 million.
- In 2016, the median level Influencer Marketing budget for brands was $500-999k.
- This increase in spending directly correlates to an increase in positive net effectiveness momentum of Influencer Marketing by 61% from 2015-16.
For the complete 2017 “State of the Creator Economy Report,” visit https://izea.com/resources/the-2017-state-of-the-creator-economy/
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