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Working with the right influencers is critical for publishers and media sites looking to make their mark on social media. Similarly, choosing the most effective social media platform for marketing can make a big difference in the effectiveness of your marketing efforts. This is why Collabstr was created.
According to Collabstr co-founder Kyle Dulay, the platform operates on a marketplace business model similar to Airbnb, but aimed at content creation rather than vacation accommodations. The company collects data from user activity and uses that data to identify trends in his digital marketing industry.
The report notes that the influencer marketing industry is expected to reach $17 billion by 2023, with TikTok overtaking Instagram in terms of how much money brands and advertisers spend on the platform.
“We were able to analyze 13,000 pieces of content that were actually exchanged through the platform this year, and about 46% of those orders were made for Tik Tok,” said Dulay.
The industry has grown significantly in recent years, with Dulay saying that money spent on the influencer marketing industry has increased by 15% year-over-year. TikTok’s growth as a platform has surpassed Instagram in spending. The brand is currently focusing on younger demographics who are more active on TikTok than on other platforms.
Influencer marketing report
One of the key insights of the Collabstr influencer marketing report is the gender breakdown of the influencer market. According to the report, the majority of influencers on the platform (73%) are female, while only 27% are male. This trend is consistent across all social media platforms, including TikTok and Instagram.
This statistic highlights the fact that the majority of influencers are female. This may be because society has traditionally placed more emphasis on women’s appearance and fashion, Duray said. Additionally, Collabstr research found that women tend to be more active on social media than men, which may also contribute to the higher proportion of female influencers.
The Collabstr Influencer Marketing Report also looks at the rise of micro-influencers. A micro-influencer is defined as an individual with a smaller but more engaged and dedicated following on social media. They often have a niche or specific specialty, such as fashion, beauty, or food, and their followers trust their opinions and recommendations. According to the report, brands and advertisers are increasingly relying on micro-influencers to reach their target audience because they appear in a more authentic and relatable way.
According to the report, the majority (66%) of influencers on the Collabstr platform fall into the micro-influencer category, with followers ranging from 1,000 to 100,000. This trend is due to the increased effectiveness and cost efficiency of working with micro-influencers compared to traditional celebrity-level influencers. Micro-influencers tend to have higher engagement rates with their followers, and their endorsements are perceived as more authentic and trustworthy.
According to the report, the influencer market is an important and growing industry, with opportunities for both male and female content creators. Collabstr provides a way for brands and advertisers to find and recruit content creators on his TikTok, Instagram and other social media platforms through the platform, and annual reports provide valuable insight into market trends.
“At Collabstr, we strive to provide our customers and clients with valuable insights and data that help them make informed decisions about how to invest in influencer marketing,” says Dulay. . We hire influencers and content creators. “
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