During a survey carried out in 2020 among marketers from Germany, United Kingdom and the United States, 79 percent of retail marketers said they had increased their spending on influencer marketing in 2020. Almost three-quarters of all surveyed professionals confirmed that they increased their budget for this type of marketing. Two-thirds of these respondents also said that influencer marketing had a better return on investment than traditional advertising campaigns.
Share of marketers from selected industries that increased spending on influencer marketing in Germany, the United Kingdom, and the United States as of August 2020
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LBBOnline. (November 16, 2020). Share of marketers from selected industries that increased spending on influencer marketing in Germany, the United Kingdom, and the United States as of August 2020 [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1200950/industries-increase-influencer-spending/
LBBOnline. "Share of marketers from selected industries that increased spending on influencer marketing in Germany, the United Kingdom, and the United States as of August 2020." Chart. November 16, 2020. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1200950/industries-increase-influencer-spending/
LBBOnline. (2020). Share of marketers from selected industries that increased spending on influencer marketing in Germany, the United Kingdom, and the United States as of August 2020. Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1200950/industries-increase-influencer-spending/
LBBOnline. "Share of Marketers from Selected Industries That Increased Spending on Influencer Marketing in Germany, The United Kingdom, and The United States as of August 2020." Statista, Statista Inc., 16 Nov 2020, https://www.statista.com/statistics/1200950/industries-increase-influencer-spending/
LBBOnline, Share of marketers from selected industries that increased spending on influencer marketing in Germany, the United Kingdom, and the United States as of August 2020 Statista, https://www.statista.com/statistics/1200950/industries-increase-influencer-spending/ (last visited November 22, 2024)
Share of marketers from selected industries that increased spending on influencer marketing in Germany, the United Kingdom, and the United States as of August 2020 [Graph], LBBOnline, November 16, 2020. [Online]. Available: https://www.statista.com/statistics/1200950/industries-increase-influencer-spending/