Influencer advertising and marketing is now a $24 billion business. But CMOs face a paradox: Influencer advertising and marketing is booming, however belief is eroding. One research reveals that whereas 88% of shoppers say authenticity issues, practically half imagine most influencers are faux. Over a 3rd suppose influencers misrepresent themselves and the merchandise they endorse. The result’s an more and more damaged influencer ecosystem: Customers really feel misled, influencers wrestle to remain true to themselves, and managers don’t totally grasp how authenticity is constructed.
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