The money made by social-media influencers has risen meteorically in the last few years, according to a new report.
Marketing firm Izea found the average price of a sponsored photo on Instagram has jumped from $134 (£104) in 2014 to $1,642 (£1,276) in 2019.
Brands appear willing to pay handsomely to sponsor posts, videos, stories and blogs, too, says Business Insider.
To read more on the BBC:
https://www.bbc.co.uk/news/technology-50418807
You may also like to read:
