Traackr’s 2024 State of Creator Relationships Report offers data from 180+ surveyed influencer marketers, who shared how their organization is approaching creator relationships, what top strategies they are implementing, and where their biggest challenges lie.
Some key highlights and insights:
• Are brands lacking visibility into their own creator communities? Only 16% of marketers reported that they track the amount of churned creators from their brand.
• Short-term creator partnerships persist, despite high cost. 36% of marketers said the average length of a typical contract between their brand and a creator is a single one-time post.
• Product seeding remains #1 strategy for creator acquisition and retention. For both organic and sponsored campaigns, this remains true.
Download the report to access the full findings.
Learn more about how consumer social media usage and purchase behavior are impacted by influencers.