Influencer marketing is everywhere on social media today, but how effective is it when it comes to marketing strategies?
Here are our influencer marketing statistics that you should know about:
General Influencer Marketing Statistics
- Influencer marketing is projected to be a $24 billion industry by the end of 2024 (Influencer Marketing Hub)
- Over half of brands who work with influencers run ecommerce stores (Dash App)
- Nano-influencers tend to have between 1,000 and 4,999 followers (Shopify)
- Micro-influencers tend to have between 5,000 and 20,000 followers (Shopify)
- Mega-influencers tend to have between 100,000 and 1 million followers (Shopify)
- Most celebrities have more than 1 million followers (Shopify)
- Businesses are more in favor of hiring nano (44%) and micro (26%) influencers as opposed to celebrities and macro influencers (Influencer Marketing Hub)
- And ¼ of influencers will buy fake followers (Shopify)
- 56% of businesses state that their main purpose of investing in influencer campaigns is to create user generated content (UGC), with generating sales coming in second at 23% (Influencer Marketing Hub)
- When it comes to compensation, paying influencers is now the norm coming in at 41% with 31% stating the give them a free product (Influencer Marketing Hub)
- However, it is worthwhile to note that 93% of influencers are willing to work with a brand for free products, especially if they love the brand (Dash App)
- The surge in influencer marketing means brands will spend an estimated $9.29 billion on influencer-related marketing campaigns in 2025 (Shopify)
- 60%+ of brands work with more than 10 influencers (Influencer Marketing Hub)
- 56% of people say the main purpose of running influencer campaigns is to create User Generated Content (Influencer Marketing Hub)
- 59.4% of those respondents who budget for influencer marketing intend to increase their influencer marketing budget over the next 12 months (Influencer Marketing Hub)
Influencer Marketing Statistics by Social Network
TikTok
- 1 in 4 small businesses on TikTok partner with influencers (Hootsuite)
- 69% of all brands use TikTok for their influencer marketing efforts (Influencer Marketing Hub)
- 67% of brands choose to work with micro-influencers, and only 17% work with mega influencers (HubSpot)
- TikTok macro-influencers charge between $150 and $3,500 per post (Statista)
- 14% of marketers said that TikTok was the best platform to use when working with influencers (HubSpot)
- TikTok accounts with over 1 million followers see an engagement rate of around 10.53% (Influencer Marketing Hub)
- Just over 71% of TikTok users shop from paid influencer recommendations on their feed (Statista)
- Around 76% of engagement goes toward influencers with under 10k followers (Sprout Social)
- Males take to TikTok later, with more 25–34-year-olds liking it (15.74% compared to 11.77% for females of that age) (Influencer Marketing Hub)
- TikTok has an incredible 18% engagement rate (Shopify)
- When people weren’t watching videos on Netflix, they were talking and making videos about what they’d streamed on TikTok (Influencer Marketing Hub)
Instagram
- 79% of marketers say that Instagram is an important influencer channel for their campaigns (HypeAuditor)
- And 47% of brands use Instagram for their influencer marketing efforts (Influencer Marketing Hub)
- 30% of marketers say that Instagram generates the biggest ROI for influencers (HubSpot)
- Speaking of ROI, it is estimated that for every $1 a company spends on Instagram influencer campaigns, they generate around $4 in sales (Dash App)
- The majority of influencers on Instagram are nano influencers (Statistica)
- Nearly 77% of Instagram influencers worldwide have less than 10,000 followers (Statista)
- The most popular type of Instagram influencer creates lifestyle content, coming in at 14.32% (Sprout Social)
- Worldwide, influencers on Instagram charge anywhere from $20-7,000+ per post (Sprout Social)
- The majority of Instagram users are people aged 25-34 (46.81%) (Influencer Marketing Hub)
- Approximately 4.7 posts are published on Instagram by brands each week (WebFX)
- The most common niche in which Instagram influencers posted in 2020-2022 was lifestyle (Influencer Marketing Hub)
- The brand value of Instagram currently sits at $47.4 billion (WebFX)
YouTube
- When collaborating with brands, 80% of YouTube influencers say that engagement rate is more important than view count (WifiTalents)
- 90% of people admit they’ve discovered new products and brands on YouTube (WifiTalents)
- In the U.S., there are roughly two 385,000 influencers on YouTube (Statista)
- The majority of YouTube influencers have around 10,000-50,000 subscribers (Sprout Social)
- 33% of brands use YouTube for their influencer marketing efforts (Influencer Marketing Hub)
- Over 169 billion YouTube views on influencer channels come from those in the beauty space (WifiTalents)
- The most popular type of content YouTube influencers post are product reviews (WifiTalents)
- If you have over 1 million subscribers on YouTube, you can earn nearly $60,000 per year from ad revenue (WifiTalents)
- 60% of YouTube subscribers claim they would follow advice on what to buy from their favorite YouTube influencer over celebrities (WifiTalents)
- In 2024, users spent approximately 29 hours using the YouTube mobile app per month (G2)
- More young females watch YouTube videos than males: Females 13-24 (26%) vs Males 13-24 (22%) (Influencer Marketing Hub)
- In February 2024, YouTube videos appeared in over 791.3 million search queries in the US (G2)
- Channels with 100K-1M followers have the highest engagement rate (3.47%) but huge YouTube influencers (1M+ followers) aren’t far behind with 3.40% (Influencer Marketing Hub)
- 59% of people find YouTube ads more relevant than network TV or other streaming apps (G2)
Statistics on Marketers Working with Influencers
- 85% of marketers believe that influencer marketing is an effective form of marketing (Influencer Marketing Hub)
- 44% of companies believe that the biggest advantage of working with a smaller influencer is that it is less expensive and easier to establish a long-term relationship (Hubspot)
- 80% of marketers have included a budget for influencers in their marketing plans (Influencer Marketing Hub)
- 58% of marketers utilize AI for sourcing the right influencers for their marketing campaigns (Digital Marketing Institute)
- In 2024, it’s projected that 14.5% of brands will spend over $500,000 on influencer marketing (Influencer Marketing Hub)
- 71% of marketers will use AI to find the best influencer for their brand (Shopify)
- 36% of brands say that influencer content outperforms created content by brands (Linqia)
- If you want to hire a nano-influencer, it will cost between $20-$100 per post (Sprout Social)
- Just under 56% of marketers believe that the biggest challenge with influencer marketing is selecting the right quality influencer (Shopify)
- Celebrities can charge up to $1 million for a single social media post (Shopify)
- The number of followers an influencer has will affect ROI by 9.2% (Shopify)
- For every $1 spent on influencer marketing, companies make $5.78 (Shopify)
- 7% of marketers say that influencer marketing had the highest ROI (Hubspot)
- 60% of brands will usually work with at least 10 influencers (Influencer Marketing Hub)
- 38% of marketers see macro influencers as most successful with their company (Hubspot)
- If marketers spent 1% more on influencer marketing, they would see around a 0.5% increase in engagement (Sage Journals)
- Most companies spend less than $50,000 on influencer marketing (Influencer Marketing Hub)
- 94% of small businesses plan spend more on influencer marketing in the next 12 months (Taradel Survey)
- 57.66% of brands working with influencers have ecommerce stores (Shopify)
Statistics on Consumer Behavior Towards Influencers
- 42% of users prefer how-to tutorials from influencers (Influencer Marketing Hub)
- In 2022, 81% of consumers enjoy influencer marketing (Industry Dive)
- 61% of users find that influencers who have relatable personalities are the most appealing (Industry Dive)
- In 2023, 32% of Gen Z bought a product based on an influencer recommending it (HubSpot)
- Due to our digital age, Gen Z generally trusts influencers more than celebrities (Digital Marketing Institute)
- But out of the general population, 69% of consumers trust influencer recommendations over messaging that comes directly from a brand (Marketing Dive)
- Interestingly enough, 95% of men follow influencers, while only 93% of women follow influencers (Statista)
- 74% of Gen Z shoppers say they spend the bulk of their free time online, and influencers are the primary product discovery channel (Shopify)
- 36% of 10 millennials worldwide say influencer recommendations are more trustworthy than traditional ads (WebFX)
- 95% of men follow influencers and 93% of women (Shopify)
Our Collection of Marketing Statistics and Facts
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Disclaimer: The statistics on this page have been compiled by our team from various third-party sources for informational purposes only. We do not claim ownership of this data unless cited otherwise.