Introduction
Social influencers are extending their reach in American society, filling roles ranging from entrepreneur to muse to thought leader. They are posting on Instagram and other social media to promote products — and to spur conversations on everything from the Black Lives Matter movement to fashion. The influencer industry is seeing explosive growth and is expected to be worth nearly $15 billion by 2022, while top influencers with followings of 1 million or more can receive $250,000 per post. But critics say the industry faces numerous challenges, including its reliance on algorithms, which can perpetuate bias; skepticism about corporations' commitment to racial and cultural diversity in a moment of racial reckoning; and ethical issues resulting from some influencers inflating the number of their followers. One study found that influencers' use of fake followers cost brands $1.3 billion in 2019. Some influencers, in turn, complain that companies are exploiting them and censoring their postings while micromanaging their activities. Many are unionizing.
Luka Sabbat, a 23-year-old fashion model with 2.6 million Instagram followers, gets paid to endorse jeans, bottled water and other products. He is part of a growing trend of influencers who use their social media popularity to affect the purchasing decisions of their followers. (Getty Images/Gotham/Contributor)
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May 13, 2022 |
Branding |
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Jun. 18, 2021 |
Social Influencers |
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Mar. 20, 2015 |
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