Brands are investing more in influencers but there is widespread uncertainty around the impact of the channel on bottom-line returns, according to a global survey from Ebiquity.
The coronavirus outbreak accelerated the use of influencers for most brands – nearly one-third of brands that are heavy (30%) and medium (29%) spenders on influencer marketing agree.
The coronavirus had a smaller effect on brands that are less invested in influencer marketing, however. Nearly half of those considered light spenders (46%) disagree that COVID has accelerated their use.
Brands of all sizes expect to invest more in the future, though...