Blog | influence.vision

How Much Do Social Media Influencers Cost? - A General Overview

Since the influencer marketing market is projected to reach $10 billion by the year 2020, it's safe to say it's here to stay. That's because companies can expect to earn $6.50 for every dollar spent on an influencer marketing campaign. Consumers trust influencers so much that 49% of consumers depend on the influencer recommendations they see on social media. Millennials feel influencers understand them better than their actual friends. Moreover, 70% of teenagers feel that YouTube influencers are more relatable than traditional celebrities. However, how much do influencers get paid for social media post? Keep reading to learn what makes up the cost of an Influencer and the content they create.