(Bloomberg) — ↵
Social-media influencing has become such a part of life for young Americans that an overwhelming majority say they are interested in getting paid to promote products on sites such as Instagram and YouTube.No less than 86% of people ages 13 to 38 are willing to try out influencing, according to a survey from Morning Consult. But only 12% currently consider themselves to be influencers. Add in that advertisers are desperate to find ways to connect with a cohort that spends less time watching television and more time on social-media feeds, where there is plenty of room for growth.
There’s little reason to see why this will slow down, according to the survey. This group already trusts influencers more than celebrities and athletes and more than half have made a purchase based on a recommendation from someone in their feed. Plus, 61% say they are already post online about brands they like without receiving any compensation, so why not get paid?
To contact the author of this story: Matthew Townsend in New York at [email protected]
To contact the editor responsible for this story: Lisa Wolfson at [email protected]
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