The average price brands pay Instagram influencers for sponsored posts has surged in 2019
|11/12/2019||Posted by BusinessMediaguide.Com under General World News||
- The average cost of sponsored content on social media has increased as influencers have become more valuable to brands.
- In a recent report, IZEA, a company that connects marketers with influencers, found that the average price of a sponsored post on Instagram increased from $134.04 in 2014 to $1,642.77 in 2019.
- As Instagram Stories have become more popular with users, more brands are requesting their use in influencer marketing campaigns, according to industry insiders.
- Click here for more BI Prime stories.
As influencers have become more valuable to brands, the average cost of sponsored content on social-media platforms like Instagram has soared.
<a target="_blank" read more >>>