Influencer publishers drove 610,000 sales to advertisers on the Awin network for first 9 months of 2019; 5.5% more than 2018, with revenues made from sales in the period totalled £29.7m, 9.2% higher than 2018. Average order value in influencer marketing was £48.47 in 2019, 3.4% YoY increase, with Fashion & Beauty dominating the sector – but Telecoms and Health Supplement industries increased their use throughout the year.
The data was compiled by the team at global affiliate network www.awin.com, who looked at Awin’s top 100 influencer publishers in the UK, combining subnetworks, talent agencies and individual influencers, for the first three quarters of 2019 and then compared results to the same period in 2018.
2019 saw an increase across all metrics for influencer marketing, which confirmed industry-wide forecasts that predicted advertisers were going to be allocating more marketing budget to influencer marketing for the year.
In terms of sales, influencer publishers drove a total of 610,000 sales to advertisers on the Awin network for the first nine months of 2019, representing a 5.5% increase on the previous year. This amounted to £29.7m in revenue to advertisers, which was a substantial increase of 9.2% on the year before.
The amount of commission paid out to influencer publishers saw a significant uplift of 18.9% from 2018, amounting to £3.78 million. The average order value in influencer marketing for 2019 was also up 3.4% on the previous year, totalling £48.47.
Retail & shopping continues to dominate the sector, accounting for 99.2% of the top 100 advertisers, whilst there has been an increase for those in the telecoms sector, who made up 0.6%.
Fashion is the sector investing in influencer marketing the most, with eight of the top 10 advertisers operating in this industry, with the remaining two in the beauty sphere. The dominance of fashion & beauty retailers is maintained in the top 50, but there has been an increase of advertisers in the health supplements space entering into this list.
Commenting on the findings, Carina Toledo, Influencer Partnerships Manager at www.awin.com, said: “Influencer marketing has increased massively in popularity over the past few years, and has come to form a key part of marketing strategies, particularly in the fashion and beauty sectors. The practice is certainly set to continue increasing, and the rise in its use in the telecoms and health supplements sector shows that a larger number of industries are willing to explore this venture.”