Influencer marketing is big business: here are five mistakes the stars (and the brands who sponsor them) should avoid
By Rebecca Mardon, Senior Lecturer in Marketing, Cardiff University
Hayley Cocker, Senior Lecturer in Marketing, Lancaster University
Kate Daunt, Professor of Marketing, Cardiff University
Using social media celebrities to advertise products – influencer marketing – is a lucrative and rapidly growing industry, projected to be worth up to US$15 billion (£10.7 billion) by 2022.
Influencers profit from their online fame by collaborating with brands, endorsing products to their followers in return for a payment (or free goods and experiences).
Some influencers are established stars seeking an additional income stream (the footballer Cristiano Ronaldo, for example,…
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- Monday, August 2nd 2021